Research Agenda

The research agenda of the Institute of Management Accounting is embedded in the conceptual context of the "Accounting and Finance" area with a strong empirical focus and covers 3 main research areas:

1) Incentives

Typical research questions covered:

Determinants of incentives for executives
Determinants for director incentives
Causal effect of incentives on firm behavior
Effects of regulatory changes on incentives
CEO contracts and CEO turnover

2) Value-based Management and Corporate Governance

Typical research questions covered:

Empirical determinants of VBM systems
Causal effects of VBM systems on firm behavior
Optimal design of VBM systems
Effect of various corporate governance mechanisms on firm performance and firm behavior
Determinants and effects of compliance with codes of good governance

3) Valuation, Taxation and Financing

Typical research questions covered:

Empirical analysis of costs of capital
Analysis of WACC equations and corporate valuation methods under taxation
Effect of taxation and other regulations on firm value
Taxation and corporate behavior
Determinants of financing decisions

We aim to present our research in well-known academic conferences...

... and to publish results in highly ranked academic journals...

...but also in practice-oriented journals...