Open Science in corona times
In response to the COVID-19 pandemic three new projects have been initiated by the Open Science Data Center of the TRR 266. Read More
COVID-19: TRR 266 Research Insights
Addressing the economic challenges caused by COVID-19
How can we minimize long-term damage to the economic system caused by COVID-19? A question that currently occupies the minds of our politicians, policymakers, CEOs, professionals and citizens. A question to which there is not just one answer, but that needs to be broken down into sub questions and requires careful reflection from different perspectives. We therefore asked our researchers – a group of more than 80 researchers who specialize in taxation and accounting and have different methodological backgrounds – to share their thoughts regarding this burning question. The result: a collection of articles based on current and previous research, ranging from business- to country-level and from economic consequences to standard setting. We hope this collection will offer helpful insights for businesses and politics, and helps the world address these challenging times. Our researchers will regularly add to our collection, so stay tuned!
Blog Posts
Evidence-informed accounting standard setting – lessons from corona
How can researchers and standard setters address validity challenges as they work towards more evidence-informed standard setting? Read More
COVID-19: combat liquidity shortages with immediate loss carryback
Immediate loss carryback is an important measure to provide affected companies with short-term liquidity. Read More
Publications
TRR 266 Working Papers und scientific publications relating to COVID-19
No. 32: Accounting for Financial Stability: Bank Disclosure and Loss Recognition in the Financial Crisis
2020 Working PaperNo. 25: COVID-19 and investor behavior
2020 Working PaperNo. 24: Firm-Level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1
2020 Working PaperIn the News
Coronavirus Unfolded – How the crisis increases the need for corporate transparency
Dirk Simons
6.7.2020 – How strong is the impact of the corona crisis on German SMEs? Is there even a threat of a market shakeout? And how should companies communicate their sometimes difficult situations? Dirk Simons answers these questions in the fifth part of University of Mannheim’s video series “Coronavirus Unfolded” (in German).
Change taxes in the crisis!
Deborah Schanz
28.5.2020 – It would help companies to offset current losses against profits, Deborah Schanz explains in a video for BR Wissen (in German).
Economic approach to corona policy: Warning against aid for individual sectors
Deborah Schanz
22.5.2020 – Loss carryback: How far should Germany go? Deborah Schanz discusses how the government could react to the economic challenges caused by the corona crisis.
Empty Cash Registers
Thorsten Sellhorn
30.4.2020 – Due to the Corona crisis, the revenues of many companies are collapsing. In an article in €uro Thorsten Sellhorn discusses the risks for DAX companies. (in German)
More effective ways for the government to help companies
Deborah Schanz & TRR 266 Tax Experts
24.4.2020 – Deborah Schanz, on behalf of the TRR 266 tax experts who issued a press release about immediate loss carryback, is interviewed by the Süddeutsche Zeitung. She argues that the loss carryback the German government introduced in response to COVID-19 is insufficient. (in German)
Maximilian Müller & Thorsten Sellhorn
21.4.2020 – Thorsten Sellhorn and Maximilian Müller are interviewed by the German Wirtschaftswoche about the implications of COVID-19 for the financial market. They argue, that at the start of the quarterly season, listed companies should not hide themselves and should provide their shareholders with sufficient information. (in German)
Maximilian Müller & Thorsten Sellhorn
20.4.2020 – An Article in the Frankfurter Allgemeine Maximilian Müller and Thorsten Sellhorn discuss how in the current challenging times the financial markets long for reliable information, offering a piece of financial planning security. (in German)
Laurence van Lent
02.04.2020 – In a blog for the Institute for New Economic Thinking Tarek Alexander Hassan, Stephan Hollander, Laurence van Lent and Ahmed Tahoun discuss their time-varying, firm-level measure of exposure to epidemic diseases.
TRR Tax Experts
28.03.2020 – In an article in the Frankfurter Allgemeine the proposed tax measure of immediate loss carryback, as suggested by our tax experts, is discussed. (in German)
Participating Institutions
TRR 266‘s main locations are Paderborn University, HU Berlin, and University of Mannheim. All three locations have been centers for accounting and tax research for many years. They are joined by researchers from LMU Munich, Frankfurt School of Finance and Management, WHU – Otto Beisheim School of Management, European School of Management and Technology in Berlin and Goethe University Frankfurt who share the same research agenda.