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Die volkswirtschaftliche Bedeutung des Accounting

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  • Christian Keuschnigg

Abstract

Der Beitrag betrachtet Accounting als Instrument der Unternehmenskontrolle, welches Informationsasymmetrien zwischen Unternehmern und kontrollierenden Eigentümern auf der einen Seite und externen Anspruchsgruppen wie passive Anteilseigner und Fremdkapitalgeber auf der anderen Seite abbaut. Bessere Information engt den Spielraum des Unternehmers für Fehlverhalten und Übervorteilung externer Kapitalgeber und anderer Anspruchsgruppen ein. Dies fördert die Bereitschaft, neues Kapital und andere Inputs für das Unternehmen bereitzustellen. Anhand der Ergebnisse der empirischen Unternehmens- und Wachstumsforschung wird diskutiert, wie besseres Accounting die Finanzierungsbeschränkung von Unternehmen auflockert und in der Rechtsformwahl Kapitalgesellschaften gegenüber Personenunternehmen begünstigt. In der Wachstumsforschung zeigt sich, dass Länder mit besseren Accounting-Standards ein signifikant höheres Wachstum aufweisen. Damit werden gute Accounting-Standards zu einem wachstumsfördernden Aspekt der institutionellen Qualität eines Landes

Suggested Citation

  • Christian Keuschnigg, 2010. "Die volkswirtschaftliche Bedeutung des Accounting," University of St. Gallen Department of Economics working paper series 2010 2010-03, Department of Economics, University of St. Gallen.
    • Handle: RePEc:usg:dp2010:2010-03
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    File URL: http://ux-tauri.unisg.ch/RePEc/usg/dp2010/DP-1003-Ke.pdf
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    References listed on IDEAS

    as
    1. Keuschnigg, Christian & Ribi, Evelyn, 2009. "Profit Taxation and Finance Constraints," CEPR Discussion Papers 7433, C.E.P.R. Discussion Papers.
    2. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    3. Keuschnigg, Christian & Ribi, Evelyn, 2010. "Profit Taxation, Innovation and the Financing of Heterogeneous Firms," CEPR Discussion Papers 7626, C.E.P.R. Discussion Papers.
    4. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1998. "Law and Finance," Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1113-1155, December.
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    6. Tirole, Jean, 2001. "Corporate Governance," Econometrica, Econometric Society, vol. 69(1), pages 1-35, January.
    7. Keuschnigg, Christian & Egger, Peter & Winner, Hannes, 2011. "Taxation and Incorporation," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48729, Verein für Socialpolitik / German Economic Association.
    8. Peter Egger & Christian Keuschnigg & Hannes Winner, 2008. "Incorporation and Taxation: Theory and Firm-level Evidence," University of St. Gallen Department of Economics working paper series 2008 2008-20, Department of Economics, University of St. Gallen.
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    More about this item

    Keywords

    Accounting; Unternehmenskontrolle; Finanzierungsbeschränkungen; Rechtsformwahl; Wachstum;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

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