Prof. Dr. Joachim Gassen
Profil
Forschungsthemen7
Interational Accounting (EY-Stiftung)
Quelle ↗Zeitraum: 09/2007 - 12/2009 Projektleitung: Prof. Dr. Joachim Gassen
Rechnungslegung und Wirtschaftsprüfung
Quelle ↗108-01 · WirtschaftstheorieZeitraum: 10/2008 - 09/2012 Projektleitung: Prof. Dr. Joachim Gassen
Relevance of accounting information for corporate debt financing - CUBE
Quelle ↗Zeitraum: 04/2011 - 09/2013 Projektleitung: Prof. Dr. Joachim Gassen
SFB 649 II: Rechnungslegung und Kapitalkosten (Teilprojekt A07)
Quelle ↗Förderer: DFG Sonderforschungsbereich Zeitraum: 01/2009 - 12/2012 Projektleitung: Prof. Dr. Joachim Gassen
SFB-TRR 266/1: Open Science Datenzentrum (TP C02)
Quelle ↗Förderer: DFG Sonderforschungsbereich Zeitraum: 07/2019 - 06/2023 Projektleitung: Prof. Dr. Joachim Gassen
SFB-TRR 266/1: Realwirtschaftliche Effekte von Transparenz (TP B04)
Quelle ↗Förderer: DFG Sonderforschungsbereich Zeitraum: 07/2019 - 06/2023 Projektleitung: Prof. Dr. Joachim Gassen
SFB/TRR 266/1: Transparenz nicht-kapitalmarktorientierter Unternehmen (TP B02)
Quelle ↗Förderer: DFG Sonderforschungsbereich Zeitraum: 07/2019 - 06/2023 Projektleitung: Prof. Dr. Joachim Gassen
Mögliche Industrie-Partner10
Stand: 26.4.2026, 19:48:44 (Top-K=20, Min-Cosine=0.4)
- 22 Treffer57.2%
- Zuwendung im Rahmen des Programms „exist – Existenzgründungen aus der Wissenschaft“ aus dem Bundeshaushalt, Einzelplan 09, Kapitel 02, Titel 68607, Haushaltsjahr 2026, sowie aus Mitteln des Europäischen Strukturfonds (hier Euro-päischer Sozialfonds Plus – ESF Plus) Förderperiode 2021-2027 – Kofinanzierung für das Vorhaben: „exist Women“T57.2%
- Zuwendung im Rahmen des Programms „exist – Existenzgründungen aus der Wissenschaft“ aus dem Bundeshaushalt, Einzelplan 09, Kapitel 02, Titel 68607, Haushaltsjahr 2026, sowie aus Mitteln des Europäischen Strukturfonds (hier Euro-päischer Sozialfonds Plus – ESF Plus) Förderperiode 2021-2027 – Kofinanzierung für das Vorhaben: „exist Women“
- 4 Treffer56.9%
- Playing beyond CLILP56.9%
- Playing beyond CLIL
- 5 Treffer56.9%
- Playing beyond CLILP56.9%
- Playing beyond CLIL
- Playing beyond CLILP56.9%
- Playing beyond CLIL
- 5 Treffer56.9%
- Playing beyond CLILP56.9%
- Playing beyond CLIL
- 14 Treffer56.6%
- Validating C. Elegans Healthspan Model for Better Understanding Factors Causing Health and Disease, to Develop Evidence Based Prevention, Diagnostic, Therapeutic and Other StrategiesP56.6%
- Validating C. Elegans Healthspan Model for Better Understanding Factors Causing Health and Disease, to Develop Evidence Based Prevention, Diagnostic, Therapeutic and Other Strategies
- 15 Treffer56.6%
- Validating C. Elegans Healthspan Model for Better Understanding Factors Causing Health and Disease, to Develop Evidence Based Prevention, Diagnostic, Therapeutic and Other StrategiesP56.6%
- Climate-smart rewilding: ecological restoration for climate change mitigation, adaptation and biodiversity support in EuropeP46.5%
- Validating C. Elegans Healthspan Model for Better Understanding Factors Causing Health and Disease, to Develop Evidence Based Prevention, Diagnostic, Therapeutic and Other Strategies
- 15 Treffer56.6%
- Validating C. Elegans Healthspan Model for Better Understanding Factors Causing Health and Disease, to Develop Evidence Based Prevention, Diagnostic, Therapeutic and Other StrategiesP56.6%
- Validating C. Elegans Healthspan Model for Better Understanding Factors Causing Health and Disease, to Develop Evidence Based Prevention, Diagnostic, Therapeutic and Other Strategies
- Modellierung und Transfer von Inhalts- und Qualitätskriterien für die Programmplanung in der finanziellen Bildung im ErwachsenenalterP54.9%
- Modellierung und Transfer von Inhalts- und Qualitätskriterien für die Programmplanung in der finanziellen Bildung im Erwachsenenalter
- Modellierung und Transfer von Inhalts- und Qualitätskriterien für die Programmplanung in der finanziellen Bildung im ErwachsenenalterP54.9%
- Modellierung und Transfer von Inhalts- und Qualitätskriterien für die Programmplanung in der finanziellen Bildung im Erwachsenenalter
Publikationen25
Top 25 nach Zitationen — Quelle: OpenAlex (BAAI/bge-m3 embedded für Matching).
544 Zitationen
This study discusses the challenges and opportunities of establishing causal inference in empirical archival financial accounting research. Causal inference requires identification of a theoretically predicted causal mechanism in a research setting optimized to avoid endogenous causes and using a suitable statistical inference strategy. After briefly describing potential research design strategies, I analyze the frequency of causal studies published in leading business and economics journals. I identify causal studies by their abstract including an explicit reference to their causal nature and find that they are significantly more common in the areas of economics and finance compared to other business-oriented research disciplines like accounting. Also, the extent to which research designs are optimized for causal inference differs significantly between causal empirical archival studies in the area of financial accounting and finance. I discuss potential reasons for this gap and make some suggestions on how the demand for and supply of well-designed causal studies in the area of empirical archival financial accounting research might be increased. 2013 Elsevier Ltd. All rights reserved.
SSRN Electronic Journal · 219 Zitationen · DOI
European Accounting Review · 137 Zitationen · DOI
Abstract Prior research documents that conditional conservatism, measured as the asymmetric timeliness of earnings reflecting bad vs. good news, varies with cross-country differences in institutional regimes. In this paper, we examine the determinants of conditional conservatism and related earnings attributes internationally. First, using panel data, we investigate whether competing earnings attributes such as unconditional conservatism and income smoothing affect conditional conservatism and its international differences. We find that these attributes are predictably correlated with conditional conservatism. Second, we address the question whether income smoothing and conditional conservatism are two fundamentally different earnings attributes. We show theoretically that both attributes yield different earnings distributions and that the motivations for producing earnings which possess these attributes differ. To test these predictions empirically, we calculate firm-specific time-series measures of asymmetric timeliness, using a novel trigonometric measure based on the standard Basu (1997)-type regression. Using this cross-sectional data, we test whether conditional conservatism and income smoothing are different and find them to be only weakly correlated for a broad international sample. Also, we demonstrate that income smoothing explains international differences in conditional conservatism. Finally, we estimate simple determinant models of conditional conservatism and income smoothing, showing that both earnings attributes are driven by different explanatory firm-level factors: Conditional conservatism increases with the importance of debt financing, while income smoothing increases with the importance of dividends. Despite some important limitations, we believe our results to be meaningful because they show that cross-country differences in conditional conservatism are influenced by the effects of other accounting properties, predominantly income smoothing. Especially, legal regime appears to drive income smoothing while losing its explanatory power for conditional conservatism when firm-specific factors are controlled for.
European Accounting Review · 110 Zitationen · DOI
In their current framework project, the IASB and the FASB identify decision usefulness as the objective of financial reporting. Unfortunately, accounting research has neither yet come up with an undisputed measure of decision usefulness, nor with a satisfying method to rank competing measurement concepts, such as fair value or historical cost, with regard to their relative decision usefulness. Thus, assessing the decision usefulness of different accounting measurement concepts ultimately poses an empirical question. We provide evidence to this question by surveying an important user group, namely professional investors and their advisors, about their opinions on the decision usefulness of different accounting measurement concepts. We find that our respondents clearly differentiate between mark-to-market and mark-to-model fair values. While they consistently rank mark-to-market fair values as most decision-useful, they generally rank mark-to-model fair values as least decision-useful. In addition, the ranking differs across asset classes.
SSRN Electronic Journal · 107 Zitationen · DOI
Journal of International Accounting Research · 75 Zitationen · DOI
ABSTRACT We investigate the interplay between creditor financing and the smoothness of earnings reported by European private firms, and document how heterogeneous debt-contracting infrastructures across Europe moderate this relation. We expect the smoothness of earnings to be positively related to the relative importance of credit providers in our setting. More importantly, we predict this relation to be more pronounced in regimes with higher bankruptcy and contract enforcement costs. Finally, we hypothesize that earnings smoothness is negatively related to the cost of debt of our sample firms. Our large-sample empirical evidence confirms our expectations. While the cross-sectional nature of our setting limits our potential to address endogeneity concerns and, thus, caution is required when interpreting our findings in a causal way, they are consistent with the accounting of European private firms being shaped by creditor incentives and with this link being moderated by the country-level efficiency of the debt-contracting infrastructure. JEL Classifications: M41; G14; F42. Data Availability: All data used in this study are publicly available from the sources identified in the text.
SSRN Electronic Journal · 74 Zitationen · DOI
Accounting and Business Research · 72 Zitationen · DOI
This study provides a guide to accounting research on private firms with an emphasis on the European setting. We start by providing an overview of private firm financial reporting regulation in Europe and indicate how this institutional framework can be used to identify promising research settings that in part generalise beyond the European setting. Next, we discuss the availability of private firm accounting data and the underlying data generating process that involves private firms’ original reports, governmental and private data aggregators, and commercial data providers. We show how this process generates insightful data, but at the same time causes complex sample selection issues that researchers should take into account when assessing prior findings and developing new research projects. Finally, we identify potential areas of future work by reviewing the extant literature along the three main motivations for conducting private firm work: (i) to learn more about private firms per se, (ii) to learn more about what distinguishes private firms from public firms, and (iii) to obtain insights from private firms that generalise across all firms.
Review of Accounting Studies · 61 Zitationen · DOI
Contemporary Accounting Research · 60 Zitationen · DOI
ABSTRACT This paper demonstrates that measures of stock price synchronicity based on market model R 2 s are predictably biased downward as a result of stock illiquidity, and that previously employed remedies to correct market model betas for measurement bias do not fix R 2 . Using a large international sample of firm‐years, we find strong negative and nonlinear relations between illiquidity and R 2 across countries, across firms, and over time. Because variables of interest frequently relate to illiquidity as well, we illustrate the consequences of not controlling for illiquidity in synchronicity research. More generally, we demonstrate the importance of using nonlinear control variable methods. Overall, we conclude that the illiquidity‐driven measurement bias in R 2 provides an explanation for why prior research finds low‐ R 2 firms to have weak information environments, and suggest future research carefully evaluate the sensitivity of its results to nonlinear controls for illiquidity.
Journal of Accounting Research · 52 Zitationen · DOI
ABSTRACT This paper reports the results of a field experiment investigating how attributes of carbon footprint information affect consumer choice in a large dining facility. Our hypotheses and research methods were preregistered via the Journal of Accounting Research ’s registration‐based editorial process. Manipulating the measurement units and visualizations of carbon footprint information on food labels, we quantify effects on consumers’ food choices. Treated consumers choose less carbon‐intensive dishes, reducing their food‐related carbon footprint by up to 9.2%, depending on the treatment. Effects are strongest for carbon footprint information expressed in monetary units (“environmental costs”) and color‐coded in the familiar traffic‐light scheme. A postexperimental survey shows that these effects obtain although few respondents self‐report concern for the environmental footprint of their meal choices. Our study contributes to the accounting literature by using an information‐processing framework to shed light on the information usage and decision‐making processes of an increasingly important user group of accounting information: consumers.
Contemporary Accounting Research · 43 Zitationen · DOI
Accounting and Business Research · 40 Zitationen · DOI
I investigate how the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) contributes to the development of private firm financial reporting. I interview a sample of leading accounting experts from 24 jurisdictions around the globe to understand the role of private firm financial reporting and financial transparency in their jurisdiction as well as the importance of IFRS for SMEs. I find significant variation across jurisdictions in my sample and document that IFRS for SMEs predominantly influenced private firm financial reporting and transparency by serving as a blueprint for national regulatory reforms. In some jurisdictions, IFRS for SMEs has also been adopted as an optional reporting framework. Direct firm-level adoption of IFRS for SMEs has been low in these jurisdictions with the exception of South Africa where it seems to be used relatively widely. Based on my response data, I suggest some potential rationales for my findings and discuss potential reasons for the observed cross-jurisdiction variation in private firm financial transparency and IFRS for SMEs adoption.
The Accounting Review · 39 Zitationen · DOI
ABSTRACT We examine how investment professionals assess the usefulness of financial accounting information depending on their information acquisition objectives and preparers' earnings management incentives. We conduct a survey experiment based on face-to-face interviews with investment professionals and document two main results. First, we find that, compared with investment professionals assigned a firm valuation objective, those assigned a managerial performance evaluation objective assess accounting information as significantly less useful. Second, we find no systematic evidence that preparers' earnings management incentives negatively affect investment professionals' assessments of accounting information usefulness. To elucidate this second finding, we conduct a large-scale follow-up online experiment. Our results continue to offer no support for the effect of earnings management incentives on investment professionals' assessments of accounting information usefulness, irrespective of preparers' corporate governance quality. Instead, we find that poor corporate governance, by itself, reduces the usefulness of accounting information to investment professionals. JEL Classifications: G15; G18; G38; M41; M48.
RePEc: Research Papers in Economics · 35 Zitationen · DOI
The mandatory adoption of IFRS by many countries worldwide fuels the expectation that financial accounting information might become more comparable across countries. This expectation is opposed to an alternative view that stresses the importance of incentives in shaping accounting information. We provide early evidence on this debate by investigating the effects of mandatory IFRS adoption on the comparability of financial accounting information around the world. Using two comparability proxies based on De Franco et al. [2011], our results suggest that the overall comparability effect of mandatory IFRS adoption is marginal at best. To investigate the reasons for this finding, we first hand-collect data on IFRS compliance for a sample of German and Italian firms and find that firm-, region-, and country-level incentives systematically shape accounting compliance. We then use the identified compliance incentives to explain the variance in the comparability effect of mandatory IFRS adoption and find it to vary systematically with firm-level incentives, suggesting that only firms with high compliance incentives experience substantial increases in comparability.
SSRN Electronic Journal · 33 Zitationen · DOI
SSRN Electronic Journal · 32 Zitationen · DOI
RePEc: Research Papers in Economics · 31 Zitationen · DOI
In their joint framework project, the FASB and the IASB recently proposed dropping stewardship as a separate objective of financial accounting, because the Boards view stewardship and valuation usefulness as compatible sub-objectives ranking under an overall objective of decision usefulness. This paper puts this conjecture to an empirical test. As it is widely agreed that asymmetric timely earnings increase the contractual efficiency of accounting information, I first test whether firms with more asymmetric timely earnings produce more valuation-useful financial accounting information. Second, I test whether firms with more influential non-equity stakeholders provide more valuation-useful financial accounting information. As non-equity stakeholders in general face higher transaction costs when diversifying unsystematic risk compared to equity stakeholders and as stewardship-related risks should be at least in part unsystematic, I expect the demand for stewardship-related accounting information to increase with the influence of non-equity stakeholders. Using a broad sample of U.S. firms and a set of firm-specific metrics for valuation usefulness based on short-window capital market reactions to quarterly earnings announcements, I document that the valuation usefulness of financial accounting information is consistently negatively related to its stewardshiporientation. I conclude from these analyses that valuation usefulness and stewardship are alternative objectives of financial accounting.
SSRN Electronic Journal · 30 Zitationen · DOI
SSRN Electronic Journal · 30 Zitationen · DOI
SSRN Electronic Journal · 28 Zitationen · DOI
Bristol Research (University of Bristol) · 27 Zitationen
This report reviews the literature on the use of information by capital providers, who are primary recipients of accounting information. Placing particular emphasis on financial statement data, the report focuses on the role and importance of information in the provision of capital to large, publicly listed companies. Since the main objective of accounting information is to serve the information needs of capital providers, the questions addressed by the review are fundamentally important to standard setters and the accounting profession, as well as to the academic accounting community.<br/>The report surveys the most recent, reliable academic literature to address the following questions:<br/>• Who are the key capital providers to companies in the European Union?<br/>• What decisions are capital providers making and what are the information needs for these<br/>decisions?<br/>• What information do these capital providers currently use to make financial decisions and assess<br/>stewardship?<br/>• How and for what purpose is this information accessed and used? What is the ‘logic’ of the<br/>models applied?<br/>• How important are financial statements for capital providers’ decision making and assessing<br/>stewardship? How are financial statements used?<br/>• What additional information would capital providers consider to be useful?<br/>In addressing these questions, the report adopts a European perspective and emphasises ‘direct’ evidence, which relates as closely as possible to capital providers’ individual decision making processes. Although literature using ‘indirect’ evidence, such as studies of aggregate stock market reactions to, or associations with, accounting information is extensive and also potentially informative, it is not prioritised in this review. The review also examines literature from non-English sources, although the research in this area is predominantly published in English.
SSRN Electronic Journal · 24 Zitationen · DOI
Journal of Accounting Research · 22 Zitationen · DOI
ABSTRACT This paper examines why private firms choose to be financially transparent or opaque by conducting a field experiment with more than 25,000 firms in Germany. We inform a randomly chosen set of firms about a disclosure option that allows eligible firms to restrict access to their otherwise publicly available financial statements. We also vary the messaging in subtle ways to induce experimental variation in the probability that firms take transacting (capital providers or customers and suppliers) versus non‐transacting stakeholders (competitors or general interest parties) into consideration when making their filing decision. Based on each firm's actual filing decision, we find that treated firms are 15% more likely to restrict access to their financial statements. This intention‐to‐treat effect is persistent and concentrated among firms that should derive lower net benefits from disclosure (smaller, more mature firms in less capital‐intensive industries). These findings indicate that informational constraints affect firms’ disclosure practice. Additionally, we show that the treatment effect is almost 40% larger for firms that have a higher, exogenously induced, probability of considering non‐transacting stakeholders when making their disclosure decision. By analyzing subsequent firm activity and complementary survey evidence, we also provide suggestive evidence that disclosure requirements put an undue burden on very small private firms.
Schäffer-Poeschel eBooks · 22 Zitationen · DOI
Anhand zahlreicher Übungsaufgaben behandelt das Lehrbuch alle wesentlichen IFRS-Bilanzierungsthemen des Einzel- und Konzernabschlusses sowie Fragen der Unternehmenspublizität.
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SFB-TRR 266/1: Realwirtschaftliche Effekte von Transparenz (TP B04)
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- Name
- Prof. Dr. Joachim Gassen
- Titel
- Prof. Dr.
- Fakultät
- Wirtschaftswissenschaftliche Fakultät
- Institut
- Rechnungswesen und Wirtschaftsprüfung
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- +49 30 2093-99440
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