We study regulation of the auditing profession in a model where audit quality is unobservable and enforcing regulation … the joint provision of auditing and consulting services: deflecting collusion requires less ambitious standards. Finally …

’s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm’s value due to profit sharing, linking this reduction to the …

This paper analyzes the impact of particular loss offset limitations on intrastate and cross-border investment … decisions. Investment can be realized in the investor’s domestic business, in a foreign branch or in a foreign subsidiary. The … relative impact on the optimal real investment alternative compared to the optimal financial investment alternative indicates …

This paper addresses the issue of how regulatory constraints affect firm’s investment choices when the firm has an … option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits … go beyond a given level. It is shown that a pure price cap and profit sharing are identical in their impact on investment …

predictability of court decisions, which leads to more transactions and higher investment levels. We investigate the effects on …

more favourable loan package; that it is associated with over-investment even when investment does not create collateral …

-period world with identical homothetic preferences and without investment, the global interest rate falls and the Green Paradox … weakens. With investment or a relatively more impatient oil-importing region, the Green Paradox may be strengthened because …

business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with … were cut back in 1997. Moreover, there was a significant reduction in building investment in the year after the expiration …

significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …