Innovationen sind das Kernelement des Überlebens und der Positionierung von Volkswirtschaften, da sie zur Befriedigung der Marktbedürfnisse beitragen. Vor dem Hintergrund knapper Ressourcen werden jedoch regelmäßig nur die Innovationen realisiert, die aus einer betriebswirtschaftlichen...

This paper provides a quantitative review of the empirical literature on the tax impact on corporate debt financing. Synthesizing the evidence from 46 previous studies, we find that this impact is substantial. In particular, the tax rate proxy determines the outcome of primary analyses. Measures...

This essay critically revisits the roles and influences of tax havens in the world economy. It combines various massages of available studies in one scheme, documents a number of observations, and proposes several issues for future research. -- tax havens ; tax avoidance ; tax evasion ;...

A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We review work with a theoretical, empirical,...