WHU Financial Accounting and Tax Center –
Resources for financial researchers and decision makers

The WHU FAccT Center is dedicated to generating and disseminating scientific knowledge about the economic consequences of financial accounting and taxation that is relevant to students, practitioners and policy makers.
FAccT Center Members regularly speak on current accounting and tax topics, including
- The use of financial statements in equity valuation, the determination of distributable and taxable profits, as well as corporate governance
- National and International Accounting Standards, Management Reporting, and Disclosure
- Accounting Quality, Accounting Policy and Accounting Fraud
- Fair Value Accounting and Accounting of Research and Development, M&A Transactions, Pension Obligations, Income Taxes, Property, Financial Instruments and Hedge Accounting
- Business Analysis and Business Valuation
- Taxes and Investment Decisions
- Corporate Tax Avoidance
Professor Dr.
Martin Glaum
+49 (0)261 6509 315
send email
Professor Dr.
Martin Jacob
+49 (0)261 6509 350
send email

WHU teaching expertise – sharing insights into business practice
The FAccT Center members teach in all of WHU's degree and non-degree programs and also have teaching and consulting experience with a wide range of well-known firms and institutions. We invite practitioners to guest lectures within our courses in order to allow students a different perspective on a subject and provide interesting insight into business practice.
The WHU FAccT Center conducts research on economic consequences of financial reporting and business taxation. This research is targeted at reputable international and German academic journals, and has business and policy implications.
The work of the WHU FAccT Center members was previously published in Journal of Financial Economics, European Accounting Review, Management Science, and Review of Accounting Studies. Current research projects include the comparability of IFRS and US GAAP financial statements, the effects of fair value accounting on dividend policy, and why some individuals and corporations shift income to minimize the tax burden, while others not.
Professor Dr. Martin Glaum

- International Accounting
- International Financial Management
- Risk Management
- Mergers & Acquisitions
Professor Dr. Martin Jacob

- Dividend and Capital Gains Taxes
- Taxes and Investment Decisions
- Empirical Tax Research
- Tax Avoidance and Income Shifting
Upcoming and previous research seminars –
In Financial Accounting and Tax.
March 21,2022 | Associate Professor Rebecca Lester | Stanford Graduate School of Business |
April 4,2022 | Assistant Professor Stephen Glaeser | UNC Kenan Flagler Business School |
April 13, 2022 | Assistant Professor Benjamin Yost | Boston College, Caroll School of Management |
Spring 2020
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March 6, 2020: Jaron Wilde (University of Iowa)- “Beyond Borders: Supergovernment Monitoring and Tax Enforcement”
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January 10, 2020: Maria Loumioti (Naveen Jindal School of Management - University of Texas at Dallas)- “Direct Lending: The Determinants, Characteristics and Performance of Direct Loans”
Fall 2019
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December 6, 2019: Doris Merkl-Davies (Bangor Business School)- “Does voluntary tax reporting result in increased tax transparency? The case of Vodafone”
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November 29, 2019: Dominika Langenmayr (KU Eichstätt-Ingolstadt)- “Trading Offshore: Evidence on Banks' Tax Avoidance”
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November 8, 2019: Jacco Wielhouwer (VU Amsterdam)- “The effect of tax rates and tariffs on transfer pricing components”
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October 25, 2019: Dirk Schindler (Erasmus University Rotterdam)- “Income Shifting and Management Incentives”
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October 18, 2019: Annelies Renders (Maastricht University)- “Do Changes in Financial Reporting Standards Improve Capital Allocational Efficiency? An Industry-Focused Analysis”
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September 27, 2019: Miguel Duro (IESE Business School University of Navarra)- “Debiasing the Measurement of Conditional Conservatism”