This study examines a sample of 573 German credit institution‐year observations covering 2009–2011, a period when not all credit institutions were designated as public‐interest entities (PIEs) in Germany. The results show that a credit institution's business risk is associated with audit...

Based on a unique dataset taken from the internal credit rating database of a large German bank we investigate capital structure determinants of German small and medium sized firms for a period of 2000 to 2014. In this economically favorable period for German small and medium sized firms with...

Managers of multinational companies often favor an aggressive tax avoidance strategy that pushes the legal limits onto the advantage of shareholders and the disadvantage of the spirit of democratically legitimized tax laws. The public and media debate whether such aggressive behavior is immoral....

This paper examines professional associations’ local responses to global demands of audit standardization. Our longitudinal study from 1998 to 2018 analyses how professional associations of the German audit profession engaged in an intense framing contest over the adoption of external quality...

Managers of multinational companies often favour an aggressive tax avoidance strategy that pushes the legal limits onto the advantage of shareholders and the disadvantage of the spirit of democratically legitimized tax laws. The public and media debate whether such aggressive behaviour is...