@article{haaker2012does,
  title = {Does the Disclosure of a Valuation Allowance Reinforce Misguided Incentives of a Progressive Capitalization of Deferred Taxes from Loss Carryforwards?},
  author = {Andreas Haaker and Alexander Bull},
  year = 2012,
  url = {https://ibimapublishing.com/articles/JAARP/2012/473065/},
  journal = {Journal of Accounting and Auditing: Research & Practice},
  volume = (2012),
  pages = 7,
  doi = 10.5171/2012.473065,
  abstract = {This paper analyzes the incentive problems of the disclosure of a so-called valuation allowance of deferred taxes. Since the disclosure of a relatively high valuation allowance indicates a negative profit development, misguided incentives of a progressive capitalization of deferred taxes from loss carryforwards would have to occur in order to avoid a negative signal. As a result, this would especially increase the loss potential in times of crisis, which would probably lead to a failure of the company.},
  keywords = {Valuation Allowance, Deferred Taxes, Loss Carryforwards, Misguided Incentives.},
  note = Article ID: 473065
}