Leadership is widely recognized as a key factor in the success of individuals, teams, organizations, and even societies. Which leadership style best supports productivity and mental well-being, however, may depend on the environment. The question as to which leadership is most suitable in crisis became particularly urgent during the…
Read moreThe Corporate Sustainability Reporting Directive (CSRD), an EU directive on sustainability reporting introduced in 2023, obliges European companies to report in accordance with the European Sustainability Standards (ESRS) from 2025. The aim of the CSRD is to improve the quality, comparability and reliability of sustainability reporting and to oblige companies…
Read moreTransparency is often seen as a hallmark of responsible business conduct and regulators frequently turn to mandatory reporting to improve it. However, a recent field experiment by Joachim Gassen and Maximilian Muhn, published in the Journal of Accounting Research, shows that for many small private firms,…
Read moreIn today’s increasingly performance-driven business world, the setting of targets is more than just a planning exercise—it’s a key component of motivation, accountability, and strategy. A study by Jan Bouwens, Christian Hofmann, and Nina Schwaiger “Target Setting in Hierarchies: The Role of Middle Managers”, published in…
Read moreIn an increasingly interconnected global economy, transfer pricing has become a critical issue for multinational enterprises, tax authorities, and policy makers. A recent TRR 266 “Accounting for Transparency” research paper sheds light on the complex dynamics of transfer pricing harmonization and challenges some common beliefs about who benefits from harmonization.
Read moreTransparency within organizations plays a pivotal role in modern economic systems. Defined as the quality of information shared and processed between senders and receivers, transparency can enhance decision-making, improve market efficiency, and mitigate information asymmetries. However, achieving transparency is often complex and comes with trade-offs. The TRR 266…
Read moreThe financial crisis of 2007-2008 significantly impacted the economy and the population, underscoring the crucial role of a stable financial sector in facilitating diverse economic interactions. To promote a stable financial sector, the EU adopted numerous regulations, including stricter reporting requirements for loan loss provisions which increased the transparency of…
Read moreTRR 266‘s main locations are Paderborn University (Coordinating University), HU Berlin, and University of Mannheim. All three locations have been centers for accounting and tax research for many years. They are joined by researchers from LMU Munich, Frankfurt School of Finance and Management, Goethe University Frankfurt, University of Cologne, Leibniz University Hannover and TU Darmstadt who share the same research agenda.