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This paper analyzes the impact of countries' tax attractiveness on the allocation of risk within multinational groups … globally. We show that tax symmetry positively influences the relative amount of risk allocated to subsidiaries. Both time and … decrease the relative amount of risk taken. …
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Abstract: Losses and damages in the context of the climate crisis pose major challenges for development cooperation. They result from residual climate risks, i.e. risks that remain after risks have been reduced through mitigation and adaptation. As part of the evaluation of climate change...
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