Martin
Jacob

Professor of Accounting and Control

• Ph.D. in Business Administration, Eberhard Karls University
• B.Sc. and M.Sc. in Business Administration, Eberhard Karls University

Professor Martin Jacob is a Professor of Accounting and Control at IESE Business School. Previously, he held the adidas endowed Chair of Finance, Accounting, and Taxation at WHU – Otto Beisheim School of Management since 2019 and was a full professor of Business Taxation since 2013. He received his doctoral degree from the University of Tübingen, Germany in 2010. He was a visiting scholar at the University of Chicago Booth School of Business, the University of North Carolina at Chapel Hill, and the Uppsala Center for Fiscal Studies. Since 2021, he is a member of the Scientific Advisory Board of the German Ministry of Finance.

His research focuses on the economic effects of taxation on business decisions. His research covers corporate and income taxes, but also emission taxes and their effects on investments, sustainability, and the environment.

Professor Jacob has published in several leading international journals including the Journal of Financial Economics, the Journal of Accounting Research, the Review of Financial Studies, the Accounting Review, the Journal of Accounting and Economics, Management Science, the Journal of Financial and Quantitative Analysis, and Contemporary Accounting Research. He is an editor of The Accounting Review since 2023. He further served as Associate Editor of the European Accounting Review and Accounting & Business Research from 2016 to 2022. In 2022, he was ranked the top researcher in business administration under 40 in German speaking countries by the Wirtschaftswoche.

Areas of interest.

• Corporate taxes
• Taxation
• Corporate investments
• Tax Enforcement
• Corporate finance
• Sustainable finance
• Banking

Publications

Journal Articles (refereed)

EICHFELDER, S., JACOB, M., KALBITZ, N., WENTLAND, K. (2024). How do corporate tax rates alter conforming tax avoidance? European Accounting Review. doi:10.1080/09638180.2023.2287725. (Forthcoming) JACOB, M., MÜLLER, M. A., WULFF, T. (2023). Do Consumers pay the corporate tax? Contemporary Accounting Research, 40 (4), 2785-2815. doi:10.1111/1911-3846.12897. BRUEHNE, A., JACOB, M., SCHÜTT, H. H. (2023). Technological change and countries' tax policy design. Evidence from anti–tax avoidance rules. Management Science. (Forthcoming) DE VITO, A., JACOB, M. (2023). The Role of creditor protection in lending and tax avoidance. Journal of Financial and Quantitative Analysis, 58 (5), 2096-2130. doi:10.1017/S0022109022001144. EICHFELDER, S., JACOB, M., SCHNEIDER, K. (2023). Do tax incentives affect investment quality? Journal of Corporate Finance, 80, 102403. doi:10.1016/j.jcorpfin.2023.102403. BORNEMANN, T., JACOB, M., SAILER, M. (2023). Do Corporate taxes affect executive compensation? The Accounting Review, 98 (2), 31-58. doi:10.2308/TAR-2019-0567. JACOB, M., TODTENHAUPT, M. (2023). Withholding taxes, compliance cost, and foreign portfolio investment. The Accounting Review, 98 (2), 299-327. doi:10.2308/TAR-2020-0721. JACOB, M., ZERWER, K. (2023). Emission taxes and capital investments. The Role of tax incidence. The Accounting Review. (Forthcoming) JACOB, M., VOSSEBÜRGER, R. (2022). The role of personal income taxes in corporate investment decisions. Journal of Corporate Finance, 77, 102275. doi:10.1016/j.jcorpfin.2022.102275. FOX, Z. D., JACOB, M., WILDE, J. H., WILSON, R. J. (2022). Beyond borders. Uncertainty in supragovernmental tax enforcement and corporate investment. The Accounting Review, 97 (6), 233-261. doi:10.2308/TAR-2021-0050.

Articles in other publications

JACOB, M., BARDT, H., CHRISTOFZIK, D. I., MEYER, D., JUNKERNHEINRICH, M., ÜBELMESSER, S., DORN, F., ... SCHLEPPER, M. (2023). Haushaltspolitik im Zeichen der »Zeitenwende« – auf was müssen wir zugunsten der Verteidigung verzichten? Ifo Schnelldienst, 76 (7), 1-31. ANDRES, C., JACOB, M., ULRICH, L. (2019). Takeover protection and firm value. Review of Law and Economics, 15 (1), 1-46. doi:10.1515/rle-2018-0048. JACOB, M., VEJSIU, A., ALSTADSÆTER, A. (2014). Gynnar 3:12-reglerna värdeskapande eller skatteplanering? Ekonomisk Debatt, 42 (7), 66-74. JACOB, M., ALSTADSÆTER, A. (2013). Skatteplanering under 3:12-reglerna - ytterligare bevis och svar till Ericson och Fall. Ekonomisk Debatt, 41 (2), 55-63. JACOB, M., ALSTADSÆTER, A. (2012). 3:12 reglarna har blivit för generösa och används för skatteplanering. Ekonomisk Debatt, 40 (8), 3-15.

Book Chapters

BLAUFUS, K., JACOB, M. (2018). Tax related implications of fair value accounting. In Livne, G. & Markarian, G. (Eds.), The Routledge Companion to Fair Value in Accounting (pp. 21). Abingdon, Oxon ; New York: Routledge.

Studies

ALSTADSÆTER, A., JACOB, M., VEJSIU, A. (2014). 3:12 corporations in Sweden. The effects of the 2006 tax reform on investments, job creation, and business start-ups. ALSTADSÆTER, A., JACOB, M. (2012). Income Shifting in Sweden. An empirical evaluation of the 3:12 rules.