Michael von Wuntsch

Michael von Wuntsch (born 1946 in Berlin ) is a German economist and social scientist , professor of business administration and author .

Biographical

He taught at the Berlin University of Technology and Economics (until 2012), the Technical University of Berlin (2000–2005) and, between 2007 and 2009, sporadically as a visiting professor at the University of Foreign Economics and Trade in Beijing. He is a member and supporter of the Tax Justice Network , the citizens' movement Finanzwende and the Ecological-Social Market Economy forum .

Scientific work

Transnational corporations

His most recently published writings relate to the economic and legal framework conditions of transnational corporations . He examines the structure of global corporate networks and the tax strategies of global corporations .

In the two books "Value-oriented tax planning and corporate management in the global economy" from 2012 (written together with Stefan Bach from the German Institute for Economic Research Berlin ) and "Value management and tax planning in the global economy" from 2006 (written with Stefan Bach among others) are the methodological limits of valuation ( discounted cash flow ) and the tax strategies of multinational corporations in focus.

It is shown in which way the tax structures are geared towards the main objective of increasing company value. Spectacular paths of profit shifting and tax avoidance be limited: since the nineties of the last decade observable transfer of patents to subsidiaries in tax havens , the export of capital in the financing of foreign investments and the design of intercompany transfer prices in intragroup trade ( transfer pricing ).

Economic integration of economic regions

The economic integration of the economic regions in Asia , North America and Europe was a further research focus in the period 2007–2010. In cooperation with Bernadette Andreosso-O'Callaghan from the University of Limerick ( Ireland ) and William X. Wei from MacEwan University in Edmonton ( Canada ), he dealt with technology transfer and the tax framework for research and development in China . In the context of the debate about the different forms of capitalism (varieties of capitalism), state-controlled capitalism was described as a variant of the market model: “China's remaining elements of state regulation seem to suggest that China's development represents a unique variety of the coordinated market economy model ". The study builds on previous studies (2007) on the investment strategies of German companies in Ireland and Eastern Europe .

Criticism of capitalism

The considerations on the varieties of market economy and the competition for the world's cheapest locations resulted in a criticism of financial capitalism . In the book "Where is capitalist society drifting - a way of life in crisis", published in 2019, not only the barriers of market rationality, but also the agency of multinational corporations are shown. At the center of his analysis are the colorful tax structures of multinationals and the importance of tax havens in the global economy . “The problem is that the global activities of the transnational corporations are opposed to nation states whose democratic control is limited to their own state territory.” (Preface, 8). The plea is therefore for the strengthening of multilateral institutions and for a creative state that lays down the rules of the market from a democratic perspective.

Literature (selection)

author

• Where is capitalist society drifting - a way of life in crisis. UVK Verlag, Munich 2019, ISBN 978-3-86764-898-1 .
• Determinants and scope of industrial work - the industrial-sociological discussion of the relationship between technology, economy and work organization since 1945. Campus-Verlag, Frankfurt am Main 1988, ISBN 978-3-593-33917-7 . (Dissertation)

Co-author

• Michael von Wuntsch, Stefan Bach: Value-based tax planning and corporate management in the global economy. Oldenbourg, Munich 2012, ISBN 978-3-486-59743-1 .
• Michael von Wuntsch, Stefan Bach, Harald Trabold: Value management and tax planning in the global economy. Vahlen, Munich 2006, ISBN 978-3-8006-3019-6 .

Co-author of earlier books at VSA-Verlag

• Socialist Study Group (SOST) (Ed.): The FRG capital: From prosperity to stagnation and crisis - An analysis of accumulation, rate of profit, business cycle 1950–1980. VSA-Verlag, Hamburg 1980, ISBN 978-3-8797-5193-8 .
• Socialist Study Group (SOST) (Ed.): Gold, Prices, Inflation - Working Materials 2. VSA-Verlag, Hamburg 1979, ISBN 978-3-8797-5797-8 .
• Socialist Study Group (SOST) (Ed.): Working materials 4. National capital of the Federal Republic on the world market - The balance of payments of the FRG 1950 - 1978 VSA-Verlag, Hamburg 1979, ISBN 978-3-8797-5799-2 .

Web links

• Literature by and about Michael von Wuntsch in the catalog of the German National Library
• Michael v. Wish

Individual evidence

1. ↑ Michael v. Wuntsch, Stefan Bach, Harald Trabold: Value-based tax planning and corporate management in the global economy . Oldenbourg, Munich 2012, ISBN 978-3-486-59743-1 .
2. ↑ Michael v. Wuntsch, Stefan Bach, Harald Trabold: Value management and tax planning in the global economy: [with case collection on international tax law and company valuation] . Vahlen, Munich 2006, ISBN 3-8006-3019-2 .
3. ↑ Michael v. Wuntsch: Value Management and Transfer Pricing in an Integrating World - a Trend towards Convergence and Diversity . In: Bernadette Andreosso-O'Callaghan, Bruna Zolin (Ed.): Asia and Europe: Connections and Contrasts . Libreria Ecitrice Cafoscarina, Venice 2008, ISBN 978-88-7543-207-2 , p. 239-257 (English).
4. ^ Peter A. Hall, David Soskice: Varieties of Capitalism: The Institutional Foundations of Comparative Advantage . In: The Academy of Management Review . Oxford 2001, doi : 10.2307 / 30040740 (English).
5. ↑ Michael v. Wuntsch, Xiaojun Wei: Transnational Companies, Shareholder Value and the Chinese Innovation Policy . In: Bernadette Andréosso-O'Callaghan, Maria Bruna Zolin (Ed.): Current Issues In Economic Integration: Can Asia Inspire The "West"? Ashgate Publishing Company, Farnham, England 2010, ISBN 978-0-7546-9896-8 , pp. 176 (English).
6. ^ Bernadette Andreosso-O'Callaghan, Xiaojun Wei, Michael von Wuntsch: German Investment in Ireland and in the Central and East European Countries . In: Intereconomics. Review of European Economic Policy . tape 42 , no. 3 , 2007.
7. ↑ Michael v. Wuntsch: Where is capitalist society going ? - A way of life in crisis . UVK, Munich 2019, ISBN 978-3-86764-898-1 .