This book is the first volume presenting carefully selected chapters from the proceedings of the 7th International Scientific Conference on Business and Economics (ISCBE), Vila Real, Portugal, which took place in June 2024. The chapters provide key strategies for thriving in the midst of...

This book is the second volume presenting carefully selected chapters from the proceedings of the 7th International Scientific Conference on Business and Economics (ISCBE),Vila Real, Portugal, which took place in June 2024. The chapters provide key strategies for thriving in the midst of...

This book presents carefully selected chapters from the proceedings of the 6th International Scientific Conference on Business and Economics (ISCBE),Tetovo, North Macedonia, which took place in May 2023. The chapters address a wide range of areas relevant to contemporary business and economics...

This paper studies the role of uncertainty in the corporate cash hoarding puzzle. The baseline model is a stochastic neoclassical growth model featuring idiosyncratic and uninsurable technology shocks and a cash-in-advance constraint on new investments on the individual firm level. Individual...

This paper analyzes the effect of the introduction of a final withholding tax on capital income on the progression of the German income tax. As previous literature shows, even with synthetic income taxation, tax progression was strongest in the middle of the income distribution, and decreased...

Several frictions restrict the government s ability to tax assets. First of all, it is very costly to monitor trades on international asset markets. Moreover, agents can resort to non-observable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too...