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are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank …
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This paper evaluates the Multilateral Convention to implement Pillar I Amount A, released by the OECD in October 2023, and the alternative proposal of Art. 12B for tax treaties suggested by the UN, with a particular emphasis on the perspective of developing countries. We conduct a comparative...
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This paper examines the reliance on ESG metrics in executive compensation contracts. In our sample of international publicly traded firms, a rapidly growing fraction incorporate ESG metrics in the compensation schemes of their top executives. Our analysis links the reliance on these metrics to...
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This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The … investment in fixed assets. The empirical approach, which rests upon extensive and intensive margin variation, is shown to … produce very robust results. These suggest a positive relationship between foreign and home investment in real capital. This …
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model, where elections determine carbon taxation and green investment subsidies, and individuals make investments into … carbon taxation and energy generation completely relies on renewables in the latter case. Green investment subsidies can be … used by governments to bind the hands of their successor. If the party representing the young generation is in power, it …
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to 113 MtCO2 per year. The major emission effect took place in Germany (64 - 99 MtCO2). The average cost of emission …
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