We analyze to what extent more generous tax loss offset regulations are associated with a weaker decline and stronger … recovery of firm stock prices during economic crises. We argue that an unrestricted loss carryforward and, particularly, an … unrestricted loss carryback provides firms with additional liquidity, which should lower the risk of bankruptcy and can be used for …

We analyze to what extent more generous tax loss offset regulations are associated with a weaker decline and stronger … recovery of firm stock prices during economic crises. We argue that an unrestricted loss carryforward and, particularly, an … unrestricted loss carryback provides firms with additional liquidity, which should lower the risk of bankruptcy and can be used for …

We analyze the relevande of losses, accounting information on tax loss carryforwards, and deferred taxes for the … encompassing detailed information on tax loss carryforwards and deferred taxes from the tax footnote. Our out-of-sample predictions … show that considering accounting informaton on tax loss carryforwards and deferred taxes does not enhance the accuracy of …

We analyse the relevance of losses, accounting information on tax loss carryforwards, and deferred taxes for the … encompassing detailed information on tax loss carryforwards and deferred taxes from the tax footnote. Our out-of-sample predictions … show that considering accounting information on tax loss carryforwards and deferred taxes does not enhance the accuracy of …