One of the most basic distortions created by the double taxation of corporate income is the disincentive to incorporate. In this paper, we investigate the extent to which the aggregate allocation of assets and taxable income in the U.S. between corporate vs. noncorporate forms of organization...

Das Modell zeigt auf, wie die von der Politik gewünschte Gleichstellung von Personen- und Kapitalgesellschaften gelingen kann. Um eine steuerliche Gleichbelastung zu erreichen, soll die im Unternehmenssteuerrecht vorgesehene Thesaurierungsrücklage für Personenunternehmen attraktiver gestaltet...

Open innovation allows partnerships between business through knowledge sharing. The mission of open science is to encourage information sharing about academic research. The purpose of this paper is to demonstrate the relevance of open science to open innovation and vice versa, especially in the...

We exploit Medicare national coverage reimbursement approvals as a quasi-natural experiment to investigate how the financing decisions of private and publicly traded firms respond to changes in investment opportunities. We find that publicly traded companies increase their external financing,...

We exploit Medicare national coverage reimbursement approvals of medical devices as a quasi-natural experiment to investigate how private and publicly traded firm financing decisions and product introductions respond to exogenous changes in investment opportunities. We find that publicly traded...

We exploit Medicare national coverage reimbursement approvals of medical devices as a quasi-natural experiment to investigate how private and publicly traded firm financing decisions and product introductions respond to exogenous changes in investment opportunities. We find that publicly traded...

Efficiency audit of business partnership is a mean of analyzing and monitoring business partnerships in terms of optimizing the financial management of the company. Its implementation is possible both in the form of internal audit by implementation of the tasks placed to the internal audit staff...

Felix Staaden widmet sich den Besonderheiten der Ertragsbesteuerung doppelstöckiger Personengesellschaften. Im Fokus seiner Untersuchung liegen die Verlustverrechnungsnorm des § 15a EStG und die Gewerbesteuerermäßigung des § 35 EStG hinsichtlich ihrer Anwendung sowie der (gemeinsamen)...

More and more companies appear with strange abbreviations behind their business name. Consider Chrysler Group LLC (instead of Inc.) or LVMH Montres & Joaillerie France SAS. Some even speak about the “endangered corporate form” and point to the rise of the uncorporation. This Primer examines...

More and more companies appear with strange abbreviations behind their business name. Consider Chrysler Group LLC (instead of Inc.) or LVMH Montres & Joaillerie France SAS. Some even speak about the 'endangered corporate form' and point to the rise of the uncorporation. This Primer examines how...

Our paper represents the first attempt in the literature to estimate the properties of business income risk from privately held businesses in the US. Using a new, large, and confidential panel of US income tax returns for the period 1987-2009, we extensively document the empirical stylized facts...

Our paper represents the first attempt in the literature to examine the properties and document the empirical stylized facts of income risk from privately held businesses in the US using a large panel. We employ a new, large, and confidential panel of US income tax returns for the period...

Owners of non-publicly-traded businesses who face significant external financing costs should have a hedging preference for financial assets whose returns are positively correlated with self-financing needs. If this effect is aggregated, expected returns on financial assets should correspond...

Рассмотрены теоретические аспекты таксономии сети делового партнерства предприятий в контексте классификации и систематизации сложноорганизованных сфер их...

Introduction to taxation of partnerships and limited liability companies -- Tax classification of economic relationships -- Tax accounting for partnerships and limited liability companies -- Acquiring a partnership or llc interest by contribution -- Basis in partnership/llc interest --...

We construct an individual-level dataset of partnership contracts in late nineteenth century Rio de Janeiro to study the determinants of contract terms. We show that partners with limited liability contributed more capital and received lower draws for private expenses and lower profit shares...

В предлагаемой статье рассматривается влияние институциональной системы на формы реализации социального капитала. Автором выделены элементы...