. -- Reference points ; expectations ; loss aversion ; risk aversion ; disappointment ; experiment …

; capital market restrictions ; loss offset ; firm-level data …

Following recent court rulings, cross-border loss compensation for multinational firms will likely be introduced, at … cross-border loss compensation is likely to intensify tax competition when, following current international practice, the … parent firm's home country bases the tax rebate for a loss-making subsidiary on its own tax rate. In equilibrium, tax revenue …

versus loss frame) times two (monitored performance versus unmonitored performance) between-subjects design to examine …, the level of cheating is by far higher in the loss frame than in the gain frame. Furthermore, men are much more strongly …

This paper analyzes the impact of particular loss offset limitations on intrastate and crossborder investment decisions … investment incentives of tax law asymmetries. Integrating an initial loss carryforward at the time of investment creates a … special decision situation. Varying loss offset parameters typically induces ambiguous effects that depend on the combination …

determinants of loan loss provision (LLP), which are classified as either discretionary (income smoothing, capital management …

experience (i) greater loss aversion from paying taxes, and (ii) lower moral costs of evasion. We confirm the predictions of our … influence taxpayers decisions. Loss aversion, measured “directly” for the first time for each individual in an evasion … experiment, reduces evasion, as predicted by our theory. Loss aversion, risk aversion, and their interaction, are critical …

As predicted by loss aversion, numerous studies find that penalties elicit greater effort than bonuses, even when the … underlying payoffs are identical. However, loss aversion also predicts that workers will demand higher wages to accept penalty …, but do not significantly reverse it. Overall, loss aversion seems to play surprisingly little role in this setting. The …