Accounting Economics and Law-A Convivium最新文献_第6页

Conceptualizing Epistemic Power: The Changing Relationship Between Economic Policy Paradigms and Academic Disciplines 认知力的概念化:经济政策范式与学科关系的变迁

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-11-09 DOI: 10.1515/ael-2021-0048

Matti Ylönen, Jussi Jaakkola, Leevi Saari

{"title":"Conceptualizing Epistemic Power: The Changing Relationship Between Economic Policy Paradigms and Academic Disciplines","authors":"Matti Ylönen, Jussi Jaakkola, Leevi Saari","doi":"10.1515/ael-2021-0048","DOIUrl":"https://doi.org/10.1515/ael-2021-0048","url":null,"abstract":"Abstract The ways in which epistemic foundations of academic disciplines shape policy paradigms have been an understudied area. We illustrate such dynamics by focusing on paradigm shifts between economics and legal scholarship. Our case study focuses on the evolution of the Finnish corporate tax policy between 1991 and 2014 to illuminate complex policy diffusion through professions. First, in 1993, Finnish corporate tax policy was aligned with the neoclassical ideas of the time in a lawyer-driven process. Second, in the early 2000s, initiatives from the EU and the OECD provided these lawyers a new epistemic source for broadening their argumentation. Third, in the 2010s, the disciplinary base shifted from legal studies to economics, which coincided with administrative reforms emphasizing quantitative impact assessments. These transformations completed the shift from legal scholarship to economics in tax policy design, paving way to the entrance of economic theoretical arguments to tax policy discussions. Our findings highlight five overlapping and mutually reinforcing factors that shape knowledge production in expert groups that influence economic policy: (1) the extent to which politicians rely on expertise; (2) the balance of power between academic disciplines in evidence-based policy-making; (3) the disciplinary base to which the dominant expert groups rely on; (4) the shifts in the epistemological, ontological and methodological mainstream within particular disciplines; and, (5) the extent to which international organizations are seen as epistemic versus policy-driven authorities.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2021-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74691990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Acknowledgments Networks in Accounting Scholarship: A Note 会计奖学金中的网络:一个说明

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-11-09 DOI: 10.1515/ael-2020-0162

A. Andrikopoulos, Konstantinos Kostaris, Stella Zounta

引用次数: 0

Transfer Pricing Audit Challenges and Dispute Resolution Effectiveness in Developing Countries with Specific Focus on Zimbabwe 发展中国家转让定价审计的挑战和争议解决的有效性(以津巴布韦为例)

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-10-08 DOI: 10.1515/ael-2021-0026

Favourate Sebele Mpofu, Eukeria Mashiri, Patrick Korera

{"title":"Transfer Pricing Audit Challenges and Dispute Resolution Effectiveness in Developing Countries with Specific Focus on Zimbabwe","authors":"Favourate Sebele Mpofu, Eukeria Mashiri, Patrick Korera","doi":"10.1515/ael-2021-0026","DOIUrl":"https://doi.org/10.1515/ael-2021-0026","url":null,"abstract":"Abstract Base erosion and profit shifting activities of multinational enterprises (MNEs) have been a hot issue globally. Topical among the strategies employed by MNEs has been the issue of transfer pricing (TP). Developing countries are argued to be significantly affected by TP manipulation resulting in substantial tax revenues being lost. As a response to curb the unfavourable impacts of transfer mispricing, most developing countries have adopted the OECD TP guidelines and enacted TP legislation to regulate TP activities. The arm’s length principle is the core of TP legislation, yet it has brought challenges for tax administrators and their auditors in enforcing and assessing compliance respectively leading to disputes. In view of the ever-changing business world and continuous efforts by MNEs to minimise their tax obligations through income shifting, it was imperative to assess the factors affecting the effectiveness of TP audits and dispute resolutions as measures to enhance compliance and enforcement in developing countries, with specific reference to Zimbabwe. Findings include the lack of clarity in TP legislation, resource constraints and complexity of transactions, lack of expertise as well as the shortage of comparable data. Developing countries are encouraged to formulate clear TP regulations and invest in the capacitation of revenue authorities.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2021-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83589358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 10

The Symmetry and Asymmetry of Bidder and Target Termination Fees in Acquisitions 收购中投标人与目标方终止费的对称性与非对称性

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-09-17 DOI: 10.1515/ael-2020-0049

C. Bannier, Corinna Ewelt-Knauer, Mohamed Khaled, Jan-Philipp Kölling

引用次数: 0

Zombie Firms, Corporate Restructuring and Relationship Banking: Credit Guidance as a Key to Tackle Zombie Lending? 僵尸企业、企业重组和关系银行:信贷指导是解决僵尸贷款的关键?

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-08-25 DOI: 10.1515/ael-2020-0065

F. B. Fischer

{"title":"Zombie Firms, Corporate Restructuring and Relationship Banking: Credit Guidance as a Key to Tackle Zombie Lending?","authors":"F. B. Fischer","doi":"10.1515/ael-2020-0065","DOIUrl":"https://doi.org/10.1515/ael-2020-0065","url":null,"abstract":"Abstract Economists have examined the rise of so-called zombie firms in recent years. Such firms remain in financial distress for a prolonged period while financial creditors keep them alive through continued lending. Based on signaling theory, we investigate zombie firms in the context of corporate restructuring and relationship banking. Combining a theoretical approach with a multiple case study on German medium-sized firms facing private workouts, we derive the following main propositions: (i) Banks face information asymmetry and may have incentives for loan extension (i.e., rescheduled installments and additional collateral) when deciding about restructuring financing. In the case of financing unviable restructuring strategies, this can lead to the emergence of zombie firms. (ii) For this reason and in contrast to recent research, not only weakly capitalized but also healthy banks may face such incentives and might end up in financing zombie firms. (iii) Relationship banking reduces bank information asymmetry. Thus, it may enable banks to detect clients’ distress situations in the early stages and to support resolving them. Hence, guiding and inspecting banks (i.e., credit guidance) to carry out supportive relationship banking might be a key to preventing the emergence of zombie firms. The propositions bear several implications relevant to academic research, bank management and banking regulation.","PeriodicalId":43657,"journal":{"name":"Accounting Economics and Law-A Convivium","volume":null,"pages":null},"PeriodicalIF":1.4,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85731232","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

The Social Value of FASB FASB的社会价值

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-07-18 DOI: 10.2139/ssrn.3889093

Gregory B. Waymire, Sudipta Basu

引用次数: 1

Framing the Law and Policy of Finance 构建金融法律与政策

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-07-07 DOI: 10.1515/ael-2020-0126

Thomas Coendet

引用次数: 0

Frontmatter

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Accounting Economics and Law-A Convivium Pub Date : 2021-07-01 DOI: 10.1515/ael-2021-frontmatter2

引用次数: 0

Central Banks of the Visegrad Group States in the Light of Constitutional Regulations 维谢格拉德集团国家的中央银行在宪法法规的光

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Accounting Economics and Law-A Convivium Pub Date : 2021-06-29 DOI: 10.1515/ael-2019-0078

Martyna Wilmanowicz-Słupczewska, Maciej Serowaniec, Jacek Wantoch-Rekowski

引用次数: 0

The Interplay Between Tax Havens, Geographic Disclosures and Corporate Tax Avoidance: Evidence from European Union 避税天堂、地理信息披露与企业避税之间的相互作用:来自欧盟的证据

IF 1.4

Accounting Economics and Law-A Convivium Pub Date : 2021-06-02 DOI: 10.1515/ael-2021-0008

Sameh Kobbi-Fakhfakh

引用次数: 4