The Talenta Award honors the best Bachelor's and Master's theses of the past year at WU and is provided by the City of Vienna, Cultural Department MA7 – Science Department. The selection criteria for the award are excellence, relevance to society, accessibility, and diversity.

Bachelor’s theses:

• Alexandra Mohler. ESG ratings and their impact on corporate sustainability management. Supervised by Zoltán Novotny-Farkas & Josef Baumüller (Institute for Accounting and Auditing)

The WU Best Paper Award, established in 2000, is presented annually to the authors of outstanding academic contributions published in the previous calendar year. The WU Best Paper Award is funded by the WU Anniversary Fund of the City of Vienna and is presented in 4 categories.

Category 1: Quantitative-analytical or theoretical work

• Pasquale Della Corte, Lucio Sarno, Maik Schmeling, Christian Wagner. 2022, Exchange Rates and Sovereign Risk., Management Science, 68(8), pp. 5591–5617

Category 3: new research avenues

• Konstantin Bräuer, Andreas Hackethal, Tobin Hanspal. 2022, Consuming Dividends., The Review of Financial Studies 35(10). pp. 4802–4857.

Star Journal publications are articles by WU researchers published in outstanding international journals. These journals are listed in WU’s Star Journal List.

• Bornemann, T., Jacob, M., Sailer, M., 2023, Do Corporate Taxes Affect Executive Compensation?, Accounting Review, 98(2), 31–58.

• Bräuer, K., Hackethal, A., Hanspal, T.. 2022, Consuming Dividends., Review of Financial Studies, 35(10), 4802–4857.

The Excellent Teaching Award gives special weight to our students’ opinions, because they are the ones who propose faculty members for this award. After expiration of the nomination period, the students’ submissions are forwarded to a jury that selects the winners based on course syllabi, evaluation results, and the reasons given in the students’ proposals.

• Manfred Frühwirth

WU awards bonuses to its researchers for publications in internationally renowned journals and other outstanding academic achievements.

• Renelt, C., 2021, Gut, besser, Verlustrücktrag? – Eine Simulation der Wirkung des österreichischen Verlustrücktrags., Österreichische Steuerzeitung (ÖStZ), 74(11), 312–320.

• Renelt, C., 2021, Der Verlustrücktrag – Ein dauerhaftes Instrument auch für die Zukunft!, Österreichische Steuerzeitung (ÖStZ), 74(12), 350–358.

• Auer, S., & Winkler, G., 2021, Normenkollision: Die steuerliche Behandlung unkörperlicher Wirtschaftsgüter bei Erbschaft oder Schenkung., Österreichische Steuerzeitung (ÖStZ), 435.

• Grün, B., Malsiner-Walli, G., Frühwirth-Schnatter, S., 2022, How many data clusters are in the Galaxy data set?, Bayesian cluster analysis in action. ADAC – Advances in Data Analysis
  and Classification, 16(2), 325–349.

• Crespo Cuaresma, J., & Lutz, S., 2021, Modelling and projecting digital trends in European regions: an econometric framework., Regional Studies, 55(10–11), 1696–1710.

• Uedl, F., 2021, Systematisierung der Rechtsprechung zur Bescheidadressierung nach Umgründungen., Österreichische Steuerzeitung (ÖStZ), (21), 594–602.

• Petutschnig, M., Renelt, C., 2021, Die (mögliche) Diskrepanz zwischen steuerlicher degressiver AfA und tatsächlichem Nutzungsverlauf., Österreichische Steuerzeitung (ÖStZ), 74(23), 645–653.

• Reineke, R., Weiskirchner-Merten, K., Wielenberg, S., 2022, When do Firms Use One Set of Books in an International Tax Compliance Game?, Review of Accounting Studies.

• Hirschler, K., El-Shaer, S., Inzinger, M-C.,Sowa, L. et al., 2022, Änderungen im Bereich der betrieblichen Steuerbegünstigungen durch das ÖkoStRefG 2022., Österreichische Steuerzeitung (ÖStZ), 1–2(4), 23–29.

• Amberger, H., Eberhartinger, E., & Kasper, M., 2022, Tax-Rate Biases in Tax Decisions: Experimental Evidence., Journal of the American Taxation Association.

• Knesl, J., Knesl, P., Uedl, F., 2022, Der KStR-Wartungserlass 2021: Ausgewählte Änderungen der KSt-Richtlinien (Teil 1)., Österreichische Steuerzeitung (ÖStZ), (4), 88–97.

• Bu, D., Hanspal, T., Liao, Y., 2022, Political Corruption, Trust, and Household Stock Market Participation., Journal of Banking & Finance, 138.

• Weiskirchner-Merten, K., 2022, Capital budgeting and managerial empire building., Accounting and Business Research.

• Amon, J., Hornik, K., 2022, Is it all bafflegab? – Linguistic and meta characteristics of research articles in prestigious economics journals. Journal of Informetrics, 16(2).

• Monti, A., Pattitoni, P., Petracci, B., Randl, O., 2022, Does corporate social responsibility impact equity risk? International evidence. Review of Quantitative Finance and Accounting, 59(4), 825–855.

• Eberhartinger, E., Speitmann, R., Sureth-Sloane, C., Wu, Y., 2022, How Does Trust Affect Concessionary Behavior in Tax Bargaining?, FinanzArchiv – Public Finance Analysis (FA), 78(1–2), 112–155.

• Knesl, J., Knesl, P., Uedl, F., 2022, Der KStR-Wartungserlass 2021: Ausgewählte Änderungen der KSt-Richtlinien (Teil 2)., Österreichische Steuerzeitung (ÖStZ), (11), 300–315.

• Cziraki, P., Laux, C., Lóránth, G., 2022, Understanding Bank Payouts during the Crisis of 2007–2009., Review of Corporate Finance Studies, cfac0.
  Christian Laux

• Inzinger, M-C., Weintögl, S., 2021, Die steuerliche Behandlung von COVID-19-Zuschüssen., Österreichische Steuerzeitung (ÖStZ), (6), 174–176.

• Aschauer, E., Hirschler, K., Inzinger, M-C., Stückler, K. et al., 2021, Die Bilanzierung von COVID-19-Zuschüssen in der Unternehmensbilanz., Österreichische Steuerzeitung (ÖStZ), (6), 176–185.

• Eberhartinger, E., Zieser, M., 2021, The Effects of Cooperative Compliance on Firms’ Tax Risk, Tax Risk Management and Compliance Costs., SBUR – Schmalenbach Journal
  of Business Research, 73(1), 125–178.

• Hirschler, K., Petutschnig, M., 2022, Degressive Abschreibung und IFB – eine betriebswirtschaftliche Analyse zweier steuerlicher Investitionsbegünstigungen., Österreichische Steuerzeitung (ÖStZ), (10), 268–280.

• Steens, B., Roques, T., Gonnet, S., Beuselinck, C. Petutschnig M., et al., 2022, Transfer pricing comparables: Preferring a close neighbor over a far-away peer?, Journal of International Accounting, Auditing and Taxation, 47.

• Pagano, M., Zechner, J., 2022, COVID-19 and Corporate Finance., Review of Corporate Finance Studies, 11(4), 849–879.

• Hummel, K., Mösch, S., 2022, Market reactions to the Swiss “Responsible Business Initiative” (RBI)., Die Unternehmung – Swiss Journal of Business Research and Practice, 76(3), 381–405.

• Hummel, K., Mittelbach-Hörmanseder, S., Cho, C., Matten, D., 2022, Corporate social responsibility disclosure: a topic-based approach., Accounting and Business Research.

• Amberger, H., 2023, Volatility of Tax Payments and Dividend Payouts., Contemporary Accounting Research – Recherche Comptable Contemporaine, 40(1), 451–487.

• Kurt, K., Frey, R., 2022, Markov-modulated affine processes., Stochastic Processes and their Applications, 153, 391–422.

• Petutschnig, M., Knesl, J., Deichsel, M., 2022, Die möglichen Auswirkungen von DEBRA auf österreichische Körperschaften anhand einer empirischen Analyse., Österreichische Steuerzeitung (ÖStZ), 2022(19), 544–556. [539].

• Petutschnig, M., Rünger, S., 2022, The Effect of an Allowance for Corporate Equity on Capital Structure: Evidence From Austria., Public Finance Review, 50(5), 597–642.

• Hirschler, K., Leo, F. , 2022, Neues zu Umgründungen: Ausgewählte Änderungen aus dem UmgrStR-WE 2022., ÖStZ – Österreichische Steuerzeitung, 75.(22), 637–645.

• Leo, F., 2022, Verfahrensrechtliche Änderungen aus dem UmgrStR-WE 2022., Österreichische Steuerzeitung (ÖStZ), 2022(24), 702-709. [690].

• Bornemann, T., Laplante, S., Osswald, B., 2022, The Effect of Intellectual Property Boxes on Innovative Activity & Tax Benefits., Journal of the American Taxation Association.

• Hornik, K., Hirk, R., Vana Gür, L., 2022, A corporate credit rating model with autoregressive errors., Journal of Empirical Finance, 69, 224–240.

• Fissler, T., Pesenti, S., 2023, Sensitivity Measures Based on Scoring Functions., European Journal of Operational Research (EJOR), 307(3), 1408–1423.

• Fissler, T.,  Holzmann, H., 2022, Measurability of functionals and of ideal point forecasts., Electronic Journal of Statistics, 2022(16), 5019–5034.

• Fissler, T., Merz, M., Wüthrich, M. V., 2023, Deep quantile and deep composite triplet regression., Insurance: Mathematics and Economics, 109, 94–112.

• T. Fissler, Y. Hoga, 2023, Backtesting Systemic Risk Forecasts using Multi-Objective Elicitability., Journal of Business & Economic Statistics.

• T. Dimitriadis, T. Fissler, J. Ziegel, 2023, Osband’s Principle for Identification Functions., Statistical Papers
  
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• Amon Julian, Rammerstorfer Margarethe, Weinmayer Karl., 2021, Passive ESG Portfolio Management—The Benchmark Strategy for Socially Responsible Investors., Sustainability. 13 (16)

• Hosszejni, D., 2021, exams.mylearn., Software, The R Foundation.

• Frühwirth-Schnatter Sylvia, Knaus Peter, 2021, Sparse Bayesian State-Space and Time-Varying Parameter Models., In: Handbook of Bayesian Variable Selection, Hrsg. Mahlet G. Tadesse, Marina Vannucci, 297–326

• Winkler, D., Knaus, P., 2021, shrinkDSM: Efficient Bayesian Inference for Dynamic Survival Models with Shrinkage., Software

• Greve, J., Grün, B., Malsiner-Walli, G., Frühwirth-Schnatter, S., 2021, fipp: Induced Priors in Bayesian Mixture Models., Software, R Foundation for Statistical Computing.

These research projects carried out by WU researchers have been awarded third-party funding after undergoing rigorous international peer review.

• Monetary Policy, Intermediaries, and Asset Prices
  Austrian Science Fund (FWF)
  Christian Wagner