The question of why some companies pay more taxes than others is a widely investigated topic of interest. One of the famous suspect explanations is a phenomenon called tax avoidance. We develop a holistic theoretical concept of influences on corporate tax planning through a series of 19 in-depth...

I use both theoretical and empirical models to assess how alternative measurement approaches to banks’ loan loss allowances affect lending when banks are subject to regulatory capital requirements. I find that: (1) the Current Expected Credit Loss (CECL) method increases loan loss reserves on...

I develop and estimate a model bank lending under regulatory capital requirements that rely on accounting measurement. I use the model to assess how alternative measurement approaches to banks’ loan loss allowances affect lending. Through counterfactuals, I find that: (1) the Current Expected...

The question of why some companies pay fewer taxes than others is a widely investigated topic of interest. One of the well-known explanations is a phenomenon called tax avoidance. We develop a grounded theory model of influences on corporate tax planning through a series of 19 in-depth German...