This book offers a comprehensive guide to modern day taxation issues. It presents a thorough overview of many of the crucial aspects of applied taxation and current tax systems, and presents evidence that supports taxation as an important policy issue requiring immediate address globally....

In this paper we make a two-fold contribution. We first examine the impact of agricultural subsidies on Greece, using a detailed, micro-panel dataset for four years, 2008, 2010, 2012, and 2014. Our analysis is illuminating at least two aspects of subsidies: first, it suggests that an incentive...

Cover -- Title Page -- Copyright -- Contents -- Author Biography -- Preface -- Part I Theory, Methods and Models -- Chapter 1 The -legacy -- 1.1 The Origins… -- 1.1.1 The Quest for Causality -- 1.2 The Original Concept: THETA as in THErmosTAt -- 1.2.1 Background: A Decomposition Approach to...

In this paper, we extend the work of Hirshleifer, Hou, Teoh and Zhang (2004) on the “sustainability effect” by directly linking the implications of NOA (net operating assets) and NOA components for the sustainability of current earnings performance with future stock returns. After...

We build on extant theory of the MNC, MNC subsidiaries, absorptive capacity and Penrose's concept of 'productive opportunity' to develop a framework on the MNC and absorptive capacity (AC) that allows us to explore the role of subsidiaries in the global sourcing of knowledge. We develop and test...

This paper explores the changes on productivity growth, economies of scale and market discipline experienced by a selected number of Spanish manufacturing industries as a result of the 1986 - 92 integration of Spain into the European Union. Since the intra-union trade liberalization process...