2024-03-28T19:52:58Z
https://researchonline.jcu.edu.au/cgi/oai2
oai:researchonline.jcu.edu.au:42975
2024-03-04T15:04:44Z
7374617475733D707562
74797065733D61727469636C65
The role of visual attention in the managerial judgment of balanced-scorecard performance evaluation: insights from using an eye-tracking device
Chen, Yasheng
Jermias, Johnny
Panggabean, Tota
This paper investigates the role of visual attention in managerial judgements during balanced-scorecard performance evaluations. Using the Locarna eye tracker to establish the amount of time managers spent focused on visual cues, we found that managers who look more at strategically linked performance measures are more likely to make decisions consistent with the achievement of their subordinates' strategic objectives. When aware of strategy,managers focused more on strategically linked performance measures than on nonlinked measures. The presentation format of the strategy information did not significantly affect this focus. Our findings indicate that awareness of strategically linked performance measures, but not their presentation,appears to be important in helping managers to make better decisions. This study contributes to the management accounting literature by generating useful insights into the impact of visual attention on judgements and decision-making processes.
Wiley-Blackwell
2016-03
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/42975/1/42975%20Chen%20et%20al%202016.pdf
http://dx.doi.org/10.1111/1475-679X.12102
Chen, Yasheng, Jermias, Johnny, and Panggabean, Tota (2016) The role of visual attention in the managerial judgment of balanced-scorecard performance evaluation: insights from using an eye-tracking device. Journal of Accounting Research, 54 (1). pp. 113-146.
https://researchonline.jcu.edu.au/42975/
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oai:researchonline.jcu.edu.au:54452
2024-03-01T14:44:52Z
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74797065733D61727469636C65
Financial and corporate social performance in UK listed firms: the relevance of non-linearity and lag effects
Adegbite, Emmanuel
Guney, Yilmaz
Kwabi, Frank
Tahir, Suleiman
Using environmental, social and governance scores compiled by Reuters Datastream for each company’s corporate social performance (CSP), we examine the relationship between CSP and corporate financial performance (CFP) of 314 UK listed companies over the period 2002–2015. We further evaluate the relationship between prior and subsequent CFP and prior and subsequent CSP. Based on the system-GMM estimation method, we provide direct evidence that suggests that while CFP and CSP can be linked linearly; however, when we examine the impact of CSP on CFP, the association is more non-linear (cubic) than linear. Our results suggest that firms periodically adjust their level of commitment to society, in order to meet their target CSP. The primary contributions of this paper are testing (1) the non-monotonous relationship between CSP and CFP, (2) the lagged relationship between the two and the optimality of CSP levels, and (3) the presence of a virtuous circle. Our results further suggest that CSP contributes to CFP better during post-crisis years. Our findings are robust to year-on-year changes in CFP and CSP, financial versus non-financial firms, and the intensity of corporate social responsibility (CSR) engagement across industries.
Springer
2019
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/54452/1/54452.pdf
https://doi.org/10.1007%2Fs11156-018-0705-x
Adegbite, Emmanuel, Guney, Yilmaz, Kwabi, Frank, and Tahir, Suleiman (2019) Financial and corporate social performance in UK listed firms: the relevance of non-linearity and lag effects. Review of Quantitative Finance and Accounting, 52 (1). pp. 105-158.
https://researchonline.jcu.edu.au/54452/
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oai:researchonline.jcu.edu.au:54453
2024-03-01T14:44:53Z
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The influence of multinational enterprises on subsidiaries: context matters
Egbe, Inya
Adegbite, Emmanuel
Yekini, Kemi C.
Purpose: The purpose of this paper is to examine how differences in the institutional environments of a multinational enterprise (MNE) shape the role of management control systems (MCSs) and social capital in the headquarter (HQ)-subsidiary relationship of an emerging economy MNE.
Design/methodology/approach: A case study design was adopted in this research in order to understand how the differences in the institutional environments of an MNE shape the design and use of MCSs. Data were gathered by means of semi-structured interviews, document analysis and observations. Interviews were conducted at the Nigerian HQ and UK subsidiary of the Nigerian Service Multinational Enterprise (NSMNE).
Findings: The study found that the subsidiary operated autonomously, given its residence in a stronger institutional environment than the HQ. Instead of the HQ depending on MCSs means of coordination and control, it relied on social capital that existed between the HQ and subsidiary to coordinate and integrate the operation of the foreign subsidiary studied.
Research limitations/implications: The evidence from this research indicates that social capital could be effective in the integration and coordination of multinational operations. However, where social capital becomes the main mechanism of coordination and integration of HQ-subsidiary operations, the focus may have to be, as in this case, on organisational social capital and the need to achieve group goals, rather than specifically designated target goals for the subsidiary. The implication of this is that it may limit the potential of the subsidiary to explore its environment and search for opportunities. These are important insights into the relationship between developed country-based subsidiaries and their less developed countries-based HQs.
Practical implications: A practical implication of this research is in the use of local or expatriate staff to manage the operation of the subsidiary. While previous studies on the MNE, from the conventional perspective of multinational operation, suggest that expatriates may be sent to the subsidiary to head key positions so as to enable the HQ to have control of the subsidiary operation, it is different in this case. The NSMNE has adopted a policy of using locals who have the expertise and understanding of the UK institutional environment to manage the subsidiary’s operation.
Social implications: This research sheds some light on how development issues associated with a multinational institutional environment may shape the business activities and the relationship between the HQ and subsidiary. It gives some understanding of how policies and practices may have different impacts on employees as businesses attempt to adjust to pressures from their external environment(s).
Originality/value: The reliance on social capital as a means of coordination and control of the foreign subsidiary in this study is significant, given that previous studies have indicated that multinational HQs normally transfer controls and structure to foreign subsidiaries as a means of control. Also, while previous studies have suggested that MNEs HQ have better expertise that enables them to design and transfer MCSs to foreign subsidiaries, this study found that such expertise relates to the institutional environment from which the HQ is operating from. Through the lens of institutional sociology theory, these findings directly contribute to the literature on the transference of practices and control systems in international business discourse.
Emerald Group Publishing
2018
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/54453/1/The%20influence%20of%20multinational%20enterprises%20on%20subsidiaries%20-%20context%20matters.pdf
https://doi.org/10.1108/AAAJ-06-2016-2608
Egbe, Inya, Adegbite, Emmanuel, and Yekini, Kemi C. (2018) The influence of multinational enterprises on subsidiaries: context matters. Accounting, Auditing & Accountability Journal, 31 (2). pp. 703-724.
https://researchonline.jcu.edu.au/54453/
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oai:researchonline.jcu.edu.au:54467
2024-03-01T14:45:02Z
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Institutional shareholder activism in Nigeria
Uche, Chinyere
Adegbite, Emmanuel
Jones, Michael John
Purpose: The purpose of this paper is to investigate institutional shareholder activism in Nigeria. It addresses the paucity of empirical research on institutional shareholder activism in sub-Saharan Africa.
Design/Methodology: This study employs agency theory to understand the institutional shareholder approach to shareholder activism in Nigeria. The data is collected through qualitative interviews with expert representatives from financial institutions.
Findings: The findings indicate evidence of low-level shareholder activism in Nigeria. The study provides empirical insight into the reasons why institutional shareholders might adopt an active or passive approach to shareholder activism. The findings suggest the pension structure involving two types of pension institutions affects the ability to engage in shareholder activism.
Research implications: The research study advances our understanding of the status-quo of institutional shareholder activism in an African context such as Nigeria.
Practical implications: The paper makes a practical contribution by highlighting that regulators need to consider how the financial market conditions and characteristics affect effective promotion of better governance practices and performance through shareholder activism.
Originality: This study draws attention to the implication for shareholder activism of complexities associated with an institutional arrangement where two types of financial institutions are expected to operate and manage the private pension funds in a country.
Emerald Group Publishing
2016
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/54467/1/54467_Uche%20et%20al_2016.pdf
https://doi.org/10.1108/CG-12-2015-0172
Uche, Chinyere, Adegbite, Emmanuel, and Jones, Michael John (2016) Institutional shareholder activism in Nigeria. Corporate Governance: international journal of business in society, 16 (4). pp. 680-692.
https://researchonline.jcu.edu.au/54467/
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oai:researchonline.jcu.edu.au:60105
2024-03-04T15:22:01Z
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Corporate governance and family firm performance during the Global Financial Crisis
Aldamen, Husam
Duncan, Keith
Kelly, Simone
McNamara, Ray
We investigate the impact of corporate governance on accounting and market performance relationships of family firms during the Global Financial Crisis (GFC). We expect the monitoring aspects of corporate governance to complement the long-term orientation of family firms, improving the value relevance of accounting and market performance during times of exogenous financial shocks such as the GFC. We find that the family-firm value is more sensitive to book value than earnings changes. We also find better corporate governance, irrespective of whether it is a family firm or non-family firm, is associated with better accounting and market performance during the GFC.
Wiley-Blackwell
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/60105/1/60105_Aldamen_et_al_2020.pdf
https://dx.doi.org/10.1111/acfi.12508
Aldamen, Husam, Duncan, Keith, Kelly, Simone, and McNamara, Ray (2020) Corporate governance and family firm performance during the Global Financial Crisis. Accounting and Finance, 60 (2). pp. 1673-1701.
https://researchonline.jcu.edu.au/60105/
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oai:researchonline.jcu.edu.au:60676
2020-06-01T23:11:45Z
7374617475733D707562
74797065733D636F6E666572656E63655F6974656D
The relationship between public practice accountants and community in a remote and rural environment
Wadeson, Dale
Durden, Chris
Ciccotosto, Sue
This paper explores issues of relationship development, co-presence and 'country-mindedness' in relation to the perception of Australian rural and remote communities toward their local accountant, and how these conceptions consequently affect their role in community leadership. Regional and remote communities are often vital to a country's long term strategic, economic and cultural sustainability. Small accounting practices, as part of a group of professionals operating in these locations, perform a crucial role in the ongoing sustainability of rural and remote areas.
Global Science and Technology Forum
2019
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/60676/1/60676_Wadeson_et_al_2019.pdf
https://doi.org/10.5176/2251-1997_AF19.268
Wadeson, Dale, Durden, Chris, and Ciccotosto, Sue (2019) The relationship between public practice accountants and community in a remote and rural environment. In: Proceedings of the 9th International Conference on Accounting and Finance. pp. 45-51. From: AF 2019: 9th International Conference on Accounting and Finance, 15-16 July 2019, Singapore.
https://researchonline.jcu.edu.au/60676/
open
oai:researchonline.jcu.edu.au:61364
2020-01-09T06:01:35Z
7374617475733D707562
74797065733D636F6E666572656E63655F6974656D
Experiential learning in accounting education: what is known, what needs knowing?
Ahmed, Rafiuddin
This paper assesses empirical evidence on experiential learning in the accounting education context in light of Kolb's (1984) experiential learning theory (EL) to evaluate its status within the EL pedagogy in teaching and learning. The study uses published scholarly literature in different subject areas of accounting degree programs in higher education institutions globally; the study uses Noblit and Hare’s (1988) qualitative synthesis technique to analyze the learning outcomes. The study finds that users of EL approach to teaching in accounting do not follow the suggested sequence of Kolb's (1984) EL theory and the learning outcomes are very little emphasized in the EL literature reviewed in this paper. Further, users of EL used two common contexts to teach accounting students:learning within the confines of a classroom and learning outside a classroom. Learning experiences were gained through textbook related resources and assessment items, and out of real-life class experiences from different workplaces or open learning spaces. Finally, the study finds that EL is evolving as an excellent platform to build students' personal and professional skills, recommended by the accounting profession and other accounting education stakeholders. The study is beneficial to academics and practitioners in accounting and related discipline, willing to relate theories and principles that are required for the performance of professional duties.
Asian Academic Accounting Association
Ahmi, Aidi
Saidin, Siti Zabedah
Ali, Raja Haslinda Raja Mohd
Aziz, Saliza Abdul
Ismail, Shahifol Arbi
2019
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/61364/1/61364_Rafiuddin_2019.pdf
https://foura.org/download/foura_2019/proceedings/foura2019_145.pdf
Ahmed, Rafiuddin (2019) Experiential learning in accounting education: what is known, what needs knowing? In: Proceedings of the 19th Asian Academic Accounting Association Annual Conference 2019. 145. pp. 84-97. From: FourA 2019: Asian Academic Accounting Association Annual Conference, 24-26 November 2019, Seoul, South Korea.
https://researchonline.jcu.edu.au/61364/
openpub
oai:researchonline.jcu.edu.au:61381
2020-01-09T06:07:27Z
7374617475733D707562
74797065733D636F6E666572656E63655F6974656D
The roles of costing and cost allocation in the new
public service regime in Australia
Ahmed, Rafiuddin
Funnell, Warwick
New Public Service (NPS) has emerged as a new public service provision philosophy, following the decline of New Public Management (NPM). This study captures empirical accounts of service provisions in a local Australian government and interprets cost information usage in light of NPS. Based on evidence gathered between 2003 and 2012, the study evaluates the uses of cost information, during the new NPS era, for its operating decisions. The findings reveal that political ideologies and directives surrounding service provision than the functional accuracy of cost information, to benefit the service users, that is, the citizens. The study concludes that cost information has become secondary in the NPS era and implies increased levels of understanding and awareness among cost information preparers for political managers and local citizens. Employees and political administrators have implications for their roles and the risks involved in using the compromised cost information.
Asian Academic Accounting Association
Ahmi, Aidi
Saidin, Siti Zabedah
Ali, Raja Haslinda Raja Mohd
Aziz, Saliza Abdul
Ismail, Shahifol Arbi
2019
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/61381/1/foura2019_170.pdf
https://foura.org/download/foura_2019/proceedings/foura2019_145.pdf
Ahmed, Rafiuddin, and Funnell, Warwick (2019) The roles of costing and cost allocation in the new public service regime in Australia. In: Proceedings of the 19th Asian Academic Accounting Association Annual Conference 2019. 170. pp. 126-139. From: FourA 2019: Asian Academic Accounting Association Annual Conference, 24-26 November 2019, Seoul, South Korea.
https://researchonline.jcu.edu.au/61381/
openpub
oai:researchonline.jcu.edu.au:61383
2022-07-07T01:00:04Z
7374617475733D707562
74797065733D636F6E666572656E63655F6974656D
Institutional theory based research for the study of management accounting change (2008-2018): A qualitative meta-synthesis
Ahmed, Rafiuddin
Kannaiah, Desti
Qualitative meta-syntnesis is a new approach to aggregating research findings from multiple singular cases for theory development. Using the protocols of qualitative meta- synthesis tradition of summarizing and aggregating findings, this paper develops abstract theorizing of management accounting change for later use. Though a number of earlier research works has summarized common elements of institutional theory based research in management accounting change, this current study uses the systematic review tradition used in medicine, education and nursing sciences to improve the credibility of the reported synthesis. The key contribution of this study is a synergistic body of synthesis of different dimensions of institutional theory based qualitative research in management accounting change. Such a synthesis is superior to meaning, understanding, generalizability and validity gleaned from a single qualitative study in general and in the area of the study examined in this paper.
World Business Institute Australia
Hoque, Tanzil
2018
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/61383/1/61383.pdf
Ahmed, Rafiuddin, and Kannaiah, Desti (2018) Institutional theory based research for the study of management accounting change (2008-2018): A qualitative meta-synthesis. In: [Presented at the 48th International Business Research Conference]. From: 48th International Business Research Conference, 19-20 November 2018, Sydney, NSW, Australia.
https://researchonline.jcu.edu.au/61383/
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oai:researchonline.jcu.edu.au:61384
2022-07-07T00:33:12Z
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On trying to understand an activity based costing failure: a Singaporean case study
Ahmed, Rafiuddin
Desti, Kannaiah
Activity Based Costing (ABC) costing literature is replete with success stories. This paper is one of the very few which reports the findings from an ABC failure experience in a Singaporean multinational company. The data for this study was collected from surveys of questionnaires and interviews over a year. Using common protocols for analyzing data, we have found that an ABC system can fail even after all the measures of a successful implementation are taken. These factors relate to organizational and human factors and confirmed some prior observed ABC failure factors and revealed some new factors. We have also observed that the ABC was abandoned half way through the implementation stage. These findings were explained in light of information system failure theories. The explanation of these findings in light of IS failure theory has contributed to our understanding of an ABC project from an information systems perspective. The findings have implications for managers and practitioners in that an ABC system needs to be seen from a systems perspective and should draw and actively engage people from cross sections of an organization, apart from the commonly observed factors reported in the accounting literature.
University of Laval
2017
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/61384/1/article_283.pdf
https://www4.fsa.ulaval.ca/en/evenements/2017-critical-perspectives-on-accounting-conference/program/
Ahmed, Rafiuddin, and Desti, Kannaiah (2017) On trying to understand an activity based costing failure: a Singaporean case study. In: [Presented at the 2017 Critical Perspectives on Accounting Conference]. 283. From: 2017 Critical Perspectives on Accounting Conference, 3-5 July 2017, Québec City, Canada.
https://researchonline.jcu.edu.au/61384/
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oai:researchonline.jcu.edu.au:63514
2024-03-01T14:49:26Z
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74797065733D61727469636C65
Accounting colonization, emancipation and instrumental compliance in Nigeria
Ferry, Laurence
Haslam, Jim
Green, Stuart
Adegbite, Emmanuel
Gebreiter, Florian
This study explores the extent to which designs for accounting change and accounting colonization can be absorbed through a devious compliance/implementation that deflects new interpretive schemes. To do so, it conducts an in-depth analysis of two contrasting Nigerian public service organizational cases, in which there was an ostensible search for improvements in financial governance. While one of the cases indicates how accounting colonization involved change through an ostensibly coercive accounting design, the other case organization employed budget assurances to deliver public service consistent with an ostensibly more emancipatory design. In both cases, instrumental compliance with the accounting design did not occur during implementation as a devious compliance took hold. Consequently, the delivery of priorities was not exactly as intended. This study contributes to the theorising of emancipatory/oppressive accounting, including vis-à-vis accounting colonization, by providing evidence of both the coercive and emancipatory dimensions of accounting design in this context. In addition, it highlights the relevance of a closely observed and nuanced approach to analysing accounting in action, which is of significant importance to policy-makers and other social actors.
Elsevier
2021
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/63514/17/JCU_Accounting%20Colonization%2C%20Emancipation%20and%20Instrumental%20Compliance%20in%20Nigeria.pdf
https://doi.org/10.1016/j.cpa.2020.102201
Ferry, Laurence, Haslam, Jim, Green, Stuart, Adegbite, Emmanuel, and Gebreiter, Florian (2021) Accounting colonization, emancipation and instrumental compliance in Nigeria. Critical Perspectives on Accounting, 77. 102201.
https://researchonline.jcu.edu.au/63514/
open
oai:researchonline.jcu.edu.au:64941
2024-03-03T14:15:19Z
7374617475733D707562
74797065733D61727469636C65
Capital structure and firm performance in Australian service sector firms: a panel data analysis
Ahmed, Rafiuddin
Bhuyan, Rafiqul
Using cross-sectional panel data over eleven years (2009-2019), or 1001 firm-year observations, this study examines the relationship between capital structure and firm performance of service sector firms from Australian stock market. Unlike other studies, in this study directional causalities of all performance measures were used to identify the cause of firm performance. The study finds that long-term debt dominates debt choices of Australian service sector companies. Although the finding is to some extent similar to trends in debt financed operations observed in companies in developed and developing countries, the finding is unexpected because the sectoral and institutional borrowing rules and regulations in Australia are different from those in other parts of the world.
MDPI
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/64941/1/64941.pdf
https://doi.org/10.3390/jrfm13090214
Ahmed, Rafiuddin, and Bhuyan, Rafiqul (2020) Capital structure and firm performance in Australian service sector firms: a panel data analysis. Journal Of Risk And Financial Management, 13 (9). 214.
https://researchonline.jcu.edu.au/64941/
open
oai:researchonline.jcu.edu.au:65139
2022-05-05T03:59:33Z
7374617475733D707562
74797065733D61727469636C65
2019 National tax clinic project: James Cook University tax clinic
Le, Van
Hoyer, Tina
James Cook University (JCU) embraced the opportunity to establish and operate a Tax Clinic under the National Tax Clinic Program. As the only regional university to take up the challenge, JCU aimed to deliver a valuable service to the North and Far North Queensland community, provide work experience and work integrated learning for JCU taxation law students, as well as pro bono opportunities for local tax practitioners. The JCU Tax Clinic (the Clinic) was successfully launched and became operational by July 2019. Since becoming operational, the Clinic has assisted many North and Far North Queensland individuals and small businesses and has been described as an absolute godsend.
Department of Business Law and Taxation, Monash University
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/65139/1/JAT%20Volume%2022%20Issue%202%20-%20JCU%20Tax%20Clinic.pdf
https://www.jausttax.com.au/2020/11/19/jat-volume-22-issue-2-jcu-tax-clinic
Le, Van, and Hoyer, Tina (2020) 2019 National tax clinic project: James Cook University tax clinic. Journal of Australian Taxation, 22 (2). 8. pp. 162-173.
https://researchonline.jcu.edu.au/65139/
openpub
oai:researchonline.jcu.edu.au:67940
2024-03-05T14:41:15Z
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Advancing accounting education using LEGO® Serious Playsimulation technique
ElKelish, Walaa Wahid
Ahmed, Rafiuddin
This paper investigates the impact of the LEGO® Serious Playsimulation technique on accounting students’ learning outcomes. Data is from a stratified random sample of undergraduate accounting students at a leading higher education institution in the United Arab Emirates (UAE) emerging market. This paper uses parametric statistical analysis techniques to test the study hypothesis. The empirical findings indicate significant differences between LEGO® Serious Play simulation and traditional learning techniques on students’ learning outcomes. More specifically, the use of LEGO® Serious Play simulation significantly improves accounting students’ higher-level learning outcomes, such as Analysis skills. In comparison, the traditional teaching technique attains a significant positive impact on accounting students’ lower-level learning outcomes such as Knowledge and Application skills. The Comprehension learning skills showed no significant difference between the two teaching methods. This paper highlights the importance of alternative instructional approaches to enhance accounting students’ learning outcomes and support accounting educators teaching activities.
Taylor and Francis
2022
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/67940/1/67940_Elkelish_and_Ahmed_2021.pdf
https://doi.org/10.1080/09639284.2021.1905011
ElKelish, Walaa Wahid, and Ahmed, Rafiuddin (2022) Advancing accounting education using LEGO® Serious Playsimulation technique. Accounting Education, 31 (2). pp. 167-183.
https://researchonline.jcu.edu.au/67940/
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oai:researchonline.jcu.edu.au:68017
2024-03-01T15:16:55Z
7374617475733D707562
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Ownership structure and political spending disclosure
Ali, Hesham
Adegbite, Emmanuel
Nguyen, Tam Huy
This study examines the link between ownership structure and political spending disclosure (PSD). We break down ownership into four different groups of shareholders: institutional, insider, governmental and foreign. Using a unique dataset provided by CPA-Zicklin for PSD and a panel dataset from S&P 500 companies between 2015 and 2018, our results reveal that institutional and governmental ownership are positively associated with the level of PSD, while insider ownership is negatively associated with the level of PSD. Additionally, while prior literature mainly investigated how ownership structure influences disclosure practices, we analyse the mechanisms through which ownership characteristics influence PSD. Our cross-sectional tests provide evidence that insider owners exhibit more PSD if they are pursing tax-related lobbying expenses and tax avoidance practices. Additionally, governmental owners demand lower PSD in firms with higher nonfinancial and financial reporting quality. Finally, institutional owners demand more PSD in the case of lower industry concentration. Overall, we conclude that different owners have distinct impacts and preferences on a firm’s political strategy and various mechanisms uniquely operationalize the interactions between different owners and political transparency. Through agency theory, our results advance heated debates on PSD – an emerging, yet hitherto less examined, category of voluntary disclosure.
Elsevier
2022
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/68017/1/68017_Ali_et_al_2021.pdf
https://doi.org/10.1080/01559982.2021.1929006
Ali, Hesham, Adegbite, Emmanuel, and Nguyen, Tam Huy (2022) Ownership structure and political spending disclosure. Accounting Forum, 46 (2). pp. 160-190.
https://researchonline.jcu.edu.au/68017/
open
oai:researchonline.jcu.edu.au:68018
2024-02-29T14:23:07Z
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Determinants of the quality of external board evaluation in the UK
Sobhan, Abdus
Adegbite, Emmanuel
Purpose: This study aims to examine the influence of the following on the quality of externally facilitated board evaluation, namely, the timing of adoption of external board evaluation, type of evaluators and the independence of external facilitators.
Design/methodology/approach: The statements on board evaluation in annual reports of a sample of FTSE 350 companies were content analysed to measure the quality of externally facilitated board evaluation. This paper then used descriptive analysis and inferential statistics to demonstrate the possible association between the timing of adoption, as well as the type and independence of external facilitators and the quality of externally facilitated board evaluation.
Findings: Results reveal some effects of the timing of adoption, as well as the type and independence of external facilitators on the quality of externally facilitated board evaluation.
Practical implications: Shareholders should be aware of the timing of adoption, as well as consider the types and independence of external facilitators, given their influence on the quality of externally facilitated board evaluation. Regulatory authorities should provide more specific guidance on what types of professional organisations can be engaged as external facilitators and on the implementation of externally facilitated board evaluation, to promote its quality.
Originality/value: Several studies have provided theoretical accounts on how board evaluation should be conducted to ensure its effectiveness. However, there is a dearth of empirical literature, which examines the quality of externally facilitated board evaluation. This study develops a quality measure for externally facilitated board evaluation and shows the effect of the timing of adoption, types and independence of external facilitators on its quality. The study forges ahead institutional theorising of external board evaluation.
Emerald Group Publishing
2021
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/68018/6/JCU_AAM_68018.pdf
application/pdf
https://researchonline.jcu.edu.au/68018/4/PV_68018.pdf
https://doi.org/10.1108/CG-06-2020-0256
Sobhan, Abdus, and Adegbite, Emmanuel (2021) Determinants of the quality of external board evaluation in the UK. Corporate Governance: international journal of business in society, 21 (7). pp. 1293-1317.
https://researchonline.jcu.edu.au/68018/
restricted
oai:researchonline.jcu.edu.au:71149
2024-03-01T14:57:44Z
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Corporate governance regulation: a practice theory perspective
Nakpodia, Franklin
Adegbite, Emmanuel
Ashiru, Folajimi
Employing Bourdieu’s practice theory, this paper explores factors that influence corporate executives’ behaviour towards corporate governance regulation. Drawing insights from a weak institutional environment (Nigeria) and relying on a qualitative research methodology (semi-structured interviews with 31 executives), this research uncovers how nine nuanced situational and cultural field factors determine executives’ regulatory response to the severity of punishment, the certainty of penalties, and the cost-benefit compliance considerations. The study further explains how sequential rationalisation between the severity and certainty of punishment contributes to the regulatory apathy that executives exhibit. Theoretically, this study demonstrates how practice theory components (habitus, capital, and field) blend to establish executives’ regulatory practice.
Taylor & Francis
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/71149/3/JCU_71149_AAM_.pdf
application/pdf
https://researchonline.jcu.edu.au/71149/4/71149.pdf
https://doi.org/10.1080/01559982.2021.1995934
Nakpodia, Franklin, Adegbite, Emmanuel, and Ashiru, Folajimi (2023) Corporate governance regulation: a practice theory perspective. Accounting Forum, 47 (1). pp. 73-98.
https://researchonline.jcu.edu.au/71149/
open
oai:researchonline.jcu.edu.au:73325
2024-03-01T15:00:23Z
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Consumption-Based CO2 Emissions on Sustainable Development Goals of SAARC Region
Rahman, Mohammad Mazibar
Ahmed, Rafiuddin
Mashud, Abu Hashan Md.
Malik, Asif Iqbal
Miah, Sujan
Abedin, Mohammad Zoynul
Consumption-based CO2 emission (CBE) accounting shows the possibility of global carbon leakage. Very little attention has been paid to the amount of emissions related to the consumption of products and services and their impact on sustainable development goals (SDGs), especially in the SAARC region. This study used a CBE accounting method to measure the CO2 emissions of five major SAARC member countries. Additionally, a Fully Modified Ordinary Least Square (FMOLS) and a causality model were used to investigate the long-term effects of the CBE and SDG variables between 1972 and 2015. The results showed that household consumption contributed more than 62.39% of CO2 emissions overall in the SAARC region. India had the highest household emissions, up to 37.27%, and Nepal contributed the lowest, up to 0.61%. The total imported emissions were the greatest in India (16.88 Gt CO2) and Bangladesh (15.90 Gt CO2). At the same time, the results for the long-term relationships between the CBEs and SDGs of the SAARC region showed that only the combustible renewables and waste (CRW) variable is significant for most of these countries. The sharing of the responsibility for emissions between suppliers and customers could encourage governments and policymakers to make global climate policy and sustainable development decisions,which are currently stalled by questions over geographical and past emission inequities.
MDPI
2022
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/73325/1/sustainability-14-01467.pdf
https://doi.org/10.3390/su14031467
Rahman, Mohammad Mazibar, Ahmed, Rafiuddin, Mashud, Abu Hashan Md., Malik, Asif Iqbal, Miah, Sujan, and Abedin, Mohammad Zoynul (2022) Consumption-Based CO2 Emissions on Sustainable Development Goals of SAARC Region. Sustainability, 14 (3). 1467.
https://researchonline.jcu.edu.au/73325/
open
oai:researchonline.jcu.edu.au:74253
2024-03-02T14:26:44Z
7374617475733D707562
74797065733D61727469636C65
Budgetary control and risk management institutionalization: a field study of three state-owned enterprises in China
Jermias, Johnny
Fu, Yuanlue
Fu, Chenxi
Chen, Yasheng
Purpose: The purpose of this study is to examine the design and implementation of enterprise risk management (ERM) in three large Chinese state-owned enterprises and to develop propositions on integrating ERM, budgetary control system and cash flow stability approach.
Design/methodology/approach: This study adopts a field study approach to analyze the risk assessment and risk-return matching of ERM. A field study was carried out over three years from 2008 to 2011 in three Chinese state-owned enterprises. These companies were chosen because less attention has been given to the implementation of ERM in such firms.
Findings: First, the authors find that all three companies use budgetary control to identify risks, analyze each risk to determine the potential consequences, determine the acceptable levels of risk, develop a risk mitigation plan and monitor the activities in all business processes that may change the levels of risks continuously. Second, the companies focus on cash flow risks through budgetary control to ensure the stability of cash flows. Finally, the degree of intensity of using budgetary control institutionalization to design and implement ERM has a positive impact on the level of risk acceptance and risk assessment culture.
Research limitations/implications: The findings of this study, however, should be interpreted with caution because this study was conducted in three Chinese state-owned enterprises. To increase the generalizability of the findings, future research is encouraged to replicate this study in different industries, as well as in different countries. Furthermore, future research might also examine the authors’ propositions using a large-scale survey across other regions of the world.
Practical implications: Companies can minimize resistance to change by using budgetary control institutionalization when implementing the ERM. State-owned enterprises can initiate and implement a new risk management system by identifying the potential risks and by developing a risk mitigation plan.
Social implications: The results of this study will help companies, particularly state-owned enterprises, to improve their performance and become more competitive, which in turn will benefit the society as a whole by performing their risk driver identification, risk driver impact assessment, risk management actions and risk management optimization more effectively.
Originality/value: The authors investigate how the firms use a legitimate system, namely, budgetary control, that is widely accepted and used in China to foster the acceptance and use of ERM. The authors also develop testable propositions of ERM implementation and cash flow stability that will provide useful guidelines for future research.
Emerald
2022
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/74253/1/74253.pdf
https://doi.org/10.1108/JAOC-06-2021-0086
Jermias, Johnny, Fu, Yuanlue, Fu, Chenxi, and Chen, Yasheng (2022) Budgetary control and risk management institutionalization: a field study of three state-owned enterprises in China. Journal of Accounting & Organizational Change, 19 (1). pp. 63-88.
https://researchonline.jcu.edu.au/74253/
restricted
oai:researchonline.jcu.edu.au:75487
2024-03-01T15:02:01Z
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A Critical Analysis of the Impacts of Financial Literacy and NPM on Village Funds Initiative in Indonesia
Harun, Harun
Graham, Peter
Kamase, Haryono P.
Mir, Monir
Since 1999 the Indonesian government has adopted a more democratic and autonomous political system to prevent national disintegration and reduce the economic ‘divide’ that has appeared in society. To support the policy, the government introduced the Village Funds Initiative in 2014. This study examines how the initiative has been ineffective and riddled with problems due to structural challenges including low financial literacy, complicated budgetary and reporting systems and corruption. The study reminds policy-makers the dangers of NPM (New Public Management) ideology which derived from neoliberal philosophy, and subsequently used in decentralization programs without considering local issues within an individual country.
Taylor & Francis
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75487/1/75487.pdf
https://doi.org/10.1080/01900692.2020.1722165
Harun, Harun, Graham, Peter, Kamase, Haryono P., and Mir, Monir (2020) A Critical Analysis of the Impacts of Financial Literacy and NPM on Village Funds Initiative in Indonesia. International Journal of Public Administration, 44 (4). pp. 336-345.
https://researchonline.jcu.edu.au/75487/
restricted
oai:researchonline.jcu.edu.au:75492
2024-03-01T15:02:03Z
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Understanding the institutional challenges and impacts of higher education reforms in Indonesia
Harun, Harun
Wardhaningtyas, Setiyani
Khan, Habib Zaman
Masdar, Rahma
This paper contributes to the academic literature on policy-making at the global level by empirically showing the nature and institutional challenges of higher education reforms under NPM principles. The authors explain the key strategies adopted by Indonesia’s government and the problems it faced in reforming its higher education system. The overall result was negative. The Indonesian reforms will not bring about meaningful outcomes unless the existing institutions, and the environment in which they operate, are also reformed.
This paper offers new insights regarding the nature and impacts of higher education reforms in an emerging economy. The authors explain why positive outcomes from higher education reforms are difficult to achieve in developing economies, without reforming existing institutions such as the human resource systems and laws underpinning the operation of higher education. The paper has important insights for employers, government and university managers and academics in developing countries, including the importance of opening a nation’s university sector to international providers.
Taylor & Francis
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75492/1/75492.pdf
https://doi.org/10.1080/09540962.2019.1627063
Harun, Harun, Wardhaningtyas, Setiyani, Khan, Habib Zaman, and Masdar, Rahma (2020) Understanding the institutional challenges and impacts of higher education reforms in Indonesia. Public Money & Management, 40 (4). pp. 307-315.
https://researchonline.jcu.edu.au/75492/
restricted
oai:researchonline.jcu.edu.au:75494
2024-03-01T15:02:03Z
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Understanding the Forces and Critical Features of a New Reporting and Budgeting System Adoption by Indonesian Local Government
Harun, Harun
Carter, David
Mollik, Abu Taher
An, Yi
This paper aims to critically explore the forces and critical features relating to the adoption of a new reporting and budgeting system (RBS) in Indonesian local governments. The study is based on an intensive analysis of document sources and interview scripts around the institutionalization of RBS by the Indonesian government and uses the adaption of Dillard et al. (2004) institutional model in informing its findings.
The authors find that at the national level, the key drivers in RBS adoption were a combination of exogenous economic and coercive pressures and the wish to mimic accounting reforms in developed nations. At the local government level, the internalization of RBS is a response to a legal obligation imposed by the central government. Despite the RBS adoption has strengthened the transparency of local authorities reports – it limits the roles of other members of citizens in determining how local government budgets are allocated.
The results of the study should be understood in the historical and institutional contexts of organizations observed. The authors reinforce the notion that accounting as a business language dominates narratives and conversations surrounding the nature of government reporting and budgeting systems and how resource allocation is formulated and practiced. This should remind policymakers in other developing nations that any implementation of a new accounting technology should consider institutional capacities of public sector organizations and how the new technology benefits the public.
Emerald
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75494/1/75494.pdf
https://doi.org/10.1108/JAOC-10-2019-0105
Harun, Harun, Carter, David, Mollik, Abu Taher, and An, Yi (2020) Understanding the Forces and Critical Features of a New Reporting and Budgeting System Adoption by Indonesian Local Government. Journal of Accounting & Organizational Change, 16 (1). pp. 146-167.
https://researchonline.jcu.edu.au/75494/
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oai:researchonline.jcu.edu.au:75495
2024-03-03T14:17:35Z
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New development: IPSAS adoption, from G20 countries to village governments in developing countries
Fahmid, Imam Mujahidin
Harun, Harun
Graham, Peter
Carter, David
Suhab, Sultan
An, Yi
Zheng, Xiaosong
Fahmid, Mirah Midadan
This article discusses the latest developments in IPSAS adoption by the G20 states and beyond, the expected outcomes of IPSAS adoption in the public sector, and the experiences of a south east Asian economy (Indonesia) in using an IPSAS-based reporting system at the village level. The potential limitations of IPSAS, especially in less developed countries, are addressed. The authors make recommendations for policy-makers about successfully adopting IPSAS in emerging economies.
The authors explain why international agencies, like the World Bank, must fully consult with central and local government officials and other stakeholders in developing countries to ensure that the introduction of developed countries’ reporting systems, like IPSAS, are redesigned in accordance with the capacities and needs of recipient countries.
Taylor & Francis Online
2019
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75495/1/75495.pdf
https://doi.org/10.1080/09540962.2019.1617540
Fahmid, Imam Mujahidin, Harun, Harun, Graham, Peter, Carter, David, Suhab, Sultan, An, Yi, Zheng, Xiaosong, and Fahmid, Mirah Midadan (2019) New development: IPSAS adoption, from G20 countries to village governments in developing countries. Public Money & Management, 40 (2). 3. pp. 160-163.
https://researchonline.jcu.edu.au/75495/
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oai:researchonline.jcu.edu.au:75498
2024-03-01T15:02:16Z
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Examining the unintended outcomes of NPM reforms in Indonesia
Harun, Harun
Mir, Monin
Carter, David
An, Yi
This paper argues that despite Indonesia’s implementation of public sector reforms, the impact of these reforms has yet to achieve the goal of improving governance and preventing corruption. The obvious place to lay blame would be a lack of state capacity, but this study presents evidence to argue that the legacy of General Suharto’s authoritarian regime and the cultural ecology of Indonesian bureaucracy has compromised the government’s capacity to implement these public sector reforms in a meaningful way.
Taylor & Francis
2019
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75498/1/75498.pdf
https://doi.org/10.1080/09540962.2019.1580892
Harun, Harun, Mir, Monin, Carter, David, and An, Yi (2019) Examining the unintended outcomes of NPM reforms in Indonesia. Public Money & Management, 39 (2). pp. 86-94.
https://researchonline.jcu.edu.au/75498/
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oai:researchonline.jcu.edu.au:75499
2024-03-01T15:02:17Z
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Online sustainability reporting at universities: the case of Hong Kong
An, Yi
Davey, Howard
Harun, Harun
Jin, Zebin
Qiao, Xin
Yu, Qun
The purpose of this study is to examine the current state of online sustainability reporting in the Hong Kong higher education sector from a variety of perspectives. The multiple case study was the research method for this research. Content analysis of the university website, as well as interview with university management, personnel in the sustainability office, academics and students, were adopted for data collection. An assessment framework for sustainability reporting was developed as an instrument for content analysis, based on G4 guidelines and prior literature.
The authors observe that most Hong Kong public universities have a specific webpage for sustainability reporting on the website, which consists of an amount of sustainability-related information in terms of general aspects, specific aspects and stakeholder participation. Moreover, they notice that Hong Kong public universities attach importance to sustainability and its reporting, and they would like to communicate their sustainability activities to various stakeholders and the community where they operate. This paper indicates some practical implications for academics, university management, policymakers and sustainability education amongst universities in Hong Kong and beyond.
Emerald Group Publishing
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75499/1/75499.pdf
https://doi.org/10.1108/SAMPJ-06-2018-0161
An, Yi, Davey, Howard, Harun, Harun, Jin, Zebin, Qiao, Xin, and Yu, Qun (2020) Online sustainability reporting at universities: the case of Hong Kong. Sustainability Accounting, Management and Policy Journal, 11 (5). pp. 887-901.
https://researchonline.jcu.edu.au/75499/
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oai:researchonline.jcu.edu.au:75522
2024-03-01T15:02:17Z
7374617475733D707562
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Evaluating the Implementation of a Mandatory Dual Reporting System: The Case of Indonesian Local Government
Mir, Monir
Harun, Harun
Sutiyono, Wahyu
Informative and transparent financial information in the public sector is crucial for improving public sector management and eradicating corruption. Given this, Indonesia has reformed its public sector accounting, reporting and accountability systems by implementing a dual reporting system known as ‘cash towards accrual’, following similar reforms in developed countries. Drawing on the experience of five local governments (districts) in Indonesia, this study finds that the implementation of the dual reporting system has helped local governments to produce transparent and informative reports. However, the accrual-based contents of the dual reports produced by the new reporting system are underused for decision making. In addition, there has been a significant increase in costs associated with the implementation of the new accounting regime in the jurisdictions studied. The study also finds that the ability of the users to use information generated by the new accounting system is more important than just a legal and mandatory requirement to use the new system.
John Wiley & Sons Ltd
2019
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75522/7/75522.pdf
https://doi.org/10.1111/auar.12232
Mir, Monir, Harun, Harun, and Sutiyono, Wahyu (2019) Evaluating the Implementation of a Mandatory Dual Reporting System: The Case of Indonesian Local Government. Australian Accounting Review, 29 (1). pp. 80-94.
https://researchonline.jcu.edu.au/75522/
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oai:researchonline.jcu.edu.au:75548
2024-03-01T15:02:22Z
7374617475733D707562
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BOOK REVIEW: Creating Good and Clean Government: Performance Audit in Indonesia, by Paul Nicoll
Harun, Harun
This book contributes to the debate surrounding the role of effective audit processes as a means of improving the quality of government transparency and accountability in Indonesia and other developing countries. The role of a performance audit is to independently verify whether the public sector agencies are effective and efficient in achieving their objectives. This book is derived from materials used by the author to assist policymakers at the Indonesian Supreme Audit Agency (BPK) and the Australian National Audit Office in designing effective performance audits. The book is also relevant for external audit institutions in other countries that are reforming their public sector audit institutions and regulations.
Institute of Southeast Asian Studies
2018
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75548/2/75548.pdf
https://doi.org/10.1355/ae35-3k
Harun, Harun (2018) BOOK REVIEW: Creating Good and Clean Government: Performance Audit in Indonesia, by Paul Nicoll. Journal of Southeast Asian Economies, 35 (3). pp. 490-491.
https://researchonline.jcu.edu.au/75548/
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oai:researchonline.jcu.edu.au:75578
2024-03-01T15:02:23Z
7374617475733D707562
74797065733D61727469636C65
Sustainability Reporting at a New Zealand Public University: A Longitudinal Analysis
An, Yi
Davey, Howard
Harun, Harun
This study examines the case of sustainability reporting by a New Zealand public university from a longitudinal perspective. Content analysis of the sustainability report for a five-year period is the primary research method. We observe that sustainability reporting by the case university excessively focuses on environmental reporting with a near absence of economic and social disclosures. Also, the results reveal that there is a generally upward trend for the reporting in the period, albeit the overall level is still low without any monetary disclosures in the report. Moreover, we find that the university does not follow any guidelines in its reporting. Based upon the results and findings, we provide some suggestions for universities to improve their sustainability reporting. This study contributes to the limited research with regard to sustainability reporting in the higher education sector, particularly from a longitudinal perspective. It is expected that this research would have some implications for academics and university sustainability policy makers.
MDPI
2017
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75578/1/sustainability-09-01529.pdf
https://doi.org/10.3390/su9091529
An, Yi, Davey, Howard, and Harun, Harun (2017) Sustainability Reporting at a New Zealand Public University: A Longitudinal Analysis. Sustainability, 9 (9). 1529.
https://researchonline.jcu.edu.au/75578/
open
oai:researchonline.jcu.edu.au:75677
2023-06-21T02:35:07Z
7374617475733D707562
74797065733D61727469636C65
Indonesian public sector accounting reforms: dialogic aspirations a step too far?
Harun, Harun
Van-Peursem, Karen
Eggleton, Ian R.C.
Drawing from an interest in the changing Indonesian political and regulatory history, the purpose of this paper is to provide an understanding of the role that accounting reform can play in nurturing, or failing to nurture, a more dialogic form of accounting in a local Indonesian municipality. To collect the data, the authors undertook a case study of a local municipality and drew from patterns found in Indonesia’s long colonial history. Data were acquired from official and publicly available documents and interviews with 29 key figures, including those involved in formulating and disseminating laws and also those affected by the accounting reforms from 1998 to 2009. Document collection and interviews were conducted at national and local levels.
This study shows that Indonesia has undertaken significant economic and political reforms for the intended purposes of fostering democracy, strengthening accountability, and creating transparency in relation to public sector practices. As part of these reforms, accrual accounting is now mandatory, independent audit is conducted, and disclosure is required by Government offices at central and local levels. Nonetheless, drawing from dialogic accounting principles, this study demonstrates the limitations of legislation and regulation in countering patterns that have long been laid down in history. Essentially, there is limited opportunity to question the elements of these reforms, and the study has also found that centralizing forces remain to serve vested interests. The root of the problem may lie in traditions of central control which have played out in how a dialogic form of accounting has failed to emerge from these important accounting reforms.
Emerald Group Publishing
2015
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75677/1/75677.pdf
https://doi.org/10.1108/AAAJ-12-2012-1182
Harun, Harun, Van-Peursem, Karen, and Eggleton, Ian R.C. (2015) Indonesian public sector accounting reforms: dialogic aspirations a step too far? Accounting, Auditing & Accountability Journal, 28 (5). pp. 706-738.
https://researchonline.jcu.edu.au/75677/
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oai:researchonline.jcu.edu.au:75678
2023-06-21T23:48:09Z
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Public Sector Accounting Reform at Local Government Level in Indonesia
McLeod, Ross H.
Harun, Harun
This paper describes and analyses the challenges encountered in attempting to reform public sector accounting in Indonesia, the main objective of which is to combat corruption and thus help improve governance. Our observations suggest that this reform has been seriously hindered by a lack of staff with adequate accounting skills — a problem exacerbated by the decision to continue to prepare old-style cash-based reports alongside the new accrual-based reports. Our key contribution is to demonstrate the danger of rushing to copy public sector financial management techniques from quite different country contexts, especially when there are significant differences of opinion as to the appropriate design of these reforms among the influential policy-making agencies.
John Wiley & Sons Ltd
2014
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75678/1/Financ%20Acc%20Manag%20-%202014%20-%20McLeod%20-%20Public%20Sector%20Accounting%20Reform%20at%20Local%20Government%20L.pdf
https://doi.org/10.1111/faam.12035
McLeod, Ross H., and Harun, Harun (2014) Public Sector Accounting Reform at Local Government Level in Indonesia. Financial Accountability & Management, 30 (2). pp. 238-258.
https://researchonline.jcu.edu.au/75678/
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oai:researchonline.jcu.edu.au:75683
2023-10-12T04:27:33Z
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The Impact of CEOs’ Incentives for Risk-Taking or Risk-Aversion on Corporate Performance: Using CEO Vega and CEO Delta as Incentive Measures
Garas, Samy
Tee, Kienpin
Lee, Chuo-Hsuan
This article has a two-fold purpose. First, we investigate whether the CEOs’ risk-taking incentives are associated with better concurrent firm performance. Second, we examine the impact of gender on the aforementioned relationship. We find solid empirical evidence that CEOs’ risk-aversion incentive, as represented by a higher CEO delta, can be linked to better concurrent firm performance such as return on assets (ROA) and Market-to-Book Value (MTB) ratio. By contrast, we find that the risk-taking incentive, as represented by CEO vega, has no significant impact on ROA, but has a significant impact on MTB ratio only among the group of CEOs with larger share ownerships. Furthermore, we research on the same incentives using only female CEOs in our sample. Our panel-data findings indicate that female CEOs on average possessed a lower CEO delta (low risk aversion) and a lower CEO vega (risk-taking incentive) in their compensation packages when compared with their male counterparts. Taken together, these two risk incentives; are linked to a lower concurrent ROA and MTB value. Our findings also indicate that the aforementioned positive relationship between CEOs’ risk-aversion incentive (as measured by CEO delta) and firm performance (as measured by ROA) are less pronounced when a CEO is female. This implies that a female CEO is less likely to increase the firm’s ROA relative to a male CEO, given the same sensitivity of personal wealth to stock price change (i.e., the same CEO delta).
Association for Accountancy & Business Affairs
2022
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75683/1/GarasTeeLee2022.pdf
http://visar.csustan.edu/aaba/aabajourVol21.html
Garas, Samy, Tee, Kienpin, and Lee, Chuo-Hsuan (2022) The Impact of CEOs’ Incentives for Risk-Taking or Risk-Aversion on Corporate Performance: Using CEO Vega and CEO Delta as Incentive Measures. Accountancy Business and the Public Interest, 21. pp. 1-20.
https://researchonline.jcu.edu.au/75683/
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oai:researchonline.jcu.edu.au:75693
2022-08-12T00:50:08Z
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The impact of Islamic accounting standards on information asymmetry: The case of Gulf Cooperation Council (GCC) member countries
Tessama, Abiot
Garas, Samy
Tee, Kienpin
Purpose:
The purpose of this paper is to investigate whether disclosure as required by Islamic Financial Service Board Standard No. 4 (IFSB-4) influences information asymmetry among investors in the Gulf Cooperation Council (GCC) member countries. In addition, the paper investigates whether the influence of IFSB-4 on information asymmetry varies between Islamic and conventional financial institutions.
Design/methodology/approach:
The paper tests the hypotheses using a sample of firms listed in the GCC over a period of 2000-2013. Ordinary least square regression and fixed-effects estimation techniques are applied to test the hypotheses.
Findings:
The findings reveal that information asymmetry among investors is lower after the implementation of IFSB-4 than before, indicating that the standard has increased transparency. The results also reveal that information asymmetry after the implementation of IFSB-4 is lower for Islamic than for conventional financial institutions. This suggests that IFAB-4 promotes more transparency for Islamic than conventional institutions.
Research limitations/implications:
Owing to data availability, we were unable to use other proxies of information asymmetry, e.g. bid-ask spreads, and the level of disclosure, e.g. self-constructed disclosure index.
Practical implications:
The paper concludes that disclosures under IFAB-4 reduce information asymmetry among investors. In this context, this study increases the awareness of standard setters academics investors regulators and many other stakeholders about the economic consequences of disclosure standards in the region.
Originality/value:
This study takes a first step to fill evident gaps in the literature by investigating the influences of disclosure standard on information asymmetry in a unique setting that is often ignored by accounting researchers, which helps to widen our knowledge on accounting practices across the globe.
Emerald Publishing Limited
2017
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75693/1/75693.pdf
https://doi.org/10.1108/IMEFM-09-2016-0129
Tessama, Abiot, Garas, Samy, and Tee, Kienpin (2017) The impact of Islamic accounting standards on information asymmetry: The case of Gulf Cooperation Council (GCC) member countries. International Journal of Islamic and Middle Eastern Finance & Management, 10 (2). pp. 170-185.
https://researchonline.jcu.edu.au/75693/
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oai:researchonline.jcu.edu.au:75695
2022-08-09T04:53:13Z
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Characteristics of Real Backdaters
Tee, Kienpin
Wiley, Marilyn
Purpose:
Recent findings show that CEOs tend to backdate their stock option grants so that a past date on which the stock price was particularly low is picked to be the grant date. Using cases now settled concerning a group of firms that were caught backdating, this paper aims to examine further whether backdating firms have higher levels of operating efficiency and corporate governance, lower levels of bankruptcy risk, more ability to increase shareholder wealth, and lower levels of market price risk. This paper also compares the characteristics of backdating firms during the pre-Sarbanes-Oxley Act of 2002 (SOX) and post-SOX periods.
Design/methodology/approach:
This sample of backdater firms comprises those caught backdating who have settled their cases, according to data provided by Risk Metrics Group, a non-profit organization that keeps track of most securities class actions. A matched sample of 28 non-backdating, comparison-group firms was constructed to perform univariate and multivariate comparisons.
Findings:
This study found that backdating firms on average have a higher price risk than non-backdating firms, and that increasing the percentage of shares owned by the major shareholders reduces the possibility of management conducting backdating activities.
Originality/value:
No previous studies have used a sample of real backdating culprits. Previous studies have usually used likely backdating traits to identify a group of suspected backdaters. In contrast, the current study, by using a group of firms whose deliberate backdating behavior had led to lawsuits that have been settled in court, investigated the characteristics of known backdaters.
Emerald Group Publishing
2017
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75695/1/75695.pdf
https://doi.org/10.1108/JFC-05-2016-0034
Tee, Kienpin, and Wiley, Marilyn (2017) Characteristics of Real Backdaters. Journal of Financial Crime, 24 (4). pp. 541-551.
https://researchonline.jcu.edu.au/75695/
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oai:researchonline.jcu.edu.au:75722
2024-03-22T06:10:51Z
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Obstacles to public sector accounting reform in Indonesia
Harun,
This paper draws attention to the importance of improving the quality of public sector accounting in Indonesia, in line with the aims of reformasi (reform) and demokratisasi (democratisation), and in the context of decentralisation. It highlights a continuing lack of progress in reform of government accounting. This is attributable partly to a lack of interest in and understanding of the issues among newly empowered electors. Successive governments have been reluctant to push hard for accounting reform, not least because improved accountability poses a significant threat to politicians’ and bureaucrats’ overall income levels. In addition, current human resource management practices in the public sector have resulted in a shortage of accounting skills, and without these there is little prospect of successful reform in this area. A possible solution may be to establish a parallel civil service specifically to undertake the accounting functions of government.
Routledge
2008
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/75722/1/75722.pdf
https://doi.org/10.1080/00074910701727613
Harun, (2008) Obstacles to public sector accounting reform in Indonesia. Bulletin of Indonesian Economic Studies, 43 (3). pp. 365-376.
https://researchonline.jcu.edu.au/75722/
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oai:researchonline.jcu.edu.au:76932
2022-12-05T23:56:32Z
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How do lead auditor instructions influence component auditors' evidence collection decisions? The joint influence of construal interpretations and responsibility
Zhu, Skye
Phang, Soon-Yeow
Component auditors frequently receive instructions from lead auditors to audit a component’s financial statements, but regulators have raised concerns on a range of issues with regard to the quality of component auditors’ work. Of particular concern is that component auditors often do not adequately perform procedures and gather quality evidence. These audit failures are likely caused by different interpretations of lead auditor instructions and component auditors’ lack of responsibility. We propose that a prevention focus intervention that reminds component auditors to be aware of their duties and obligations to the group audit engagement can improve their evidence collection decisions. Our main experiment provides evidence that an intervention to prompt component auditors to adopt a prevention focus sense of responsibility would improve component auditors’ evidence collection decisions, and this ameliorating effect is greater for component auditors receiving low-level construal instructions. Our two supplementary experiments show that our proposed responsibility prompt can still effectively improve component auditors’ evidence collection decisions even if they are not provided with any group instructions that prime levels of construals, and that these findings hold across different cultural settings. We also demonstrate that the effect of a responsibility prompt is driven by component auditors’ regulatory concerns. Last, we conduct semi-structured interviews with practitioners which suggest that component auditors tend to interpret lead auditor instructions concretely as they often receive detailed, step-by-step instructions from lead auditors. Overall, our study provides evidence relevant to regulators and practitioners from the perspective of component auditors’ performance and supports the implementation of the revised standards on the quality management of group audits.
European Accounting Association
2021
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/76932/22/76932.pdf
Zhu, Skye, and Phang, Soon-Yeow (2021) How do lead auditor instructions influence component auditors' evidence collection decisions? The joint influence of construal interpretations and responsibility. In: [Presented at the European Accounting Association Virtual Conference]. From: EAA 2021: European Accounting Association Virtual Conference, 26-28 May 2021, Online.
https://researchonline.jcu.edu.au/76932/
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oai:researchonline.jcu.edu.au:76948
2022-12-06T00:07:48Z
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The Impact of Thinking Approach on Offshore Auditors’ Judgment Quality
Zhu, Skye
Phang, Soon-Yeow
Fargher, Neil
There is concern regarding the quality of audit work conducted in offshore service centers (CAQ, 2015; PCAOB, 2015a, 2019). One criticism raised is that offshore auditors tend to adopt a more reductionist, “tick-box” approach to auditing. We examine whether the use of systems-thinking rather than reductionist thinking approach can improve offshore auditors’ judgment quality. We conducted a 2×2 quasi-experiment in which we manipulated thinking approach (systems versus reductionist thinking) between-subjects and compared the judgment quality of offshore and onshore auditors. Our results indicate that onshore auditors achieve higher judgment quality than offshore auditors for the analytical procedure task. We find some evidence of an interaction between offshore location and type of thinking approach. Our research provides support for continued concerns surrounding offshoring and is relevant to calls for maintenance of adequate quality control across both onshore auditors and offshore service centers.
American Accounting Association
2020
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/76948/2/Paper%20Audit%20Offshore.pdf
Zhu, Skye, Phang, Soon-Yeow, and Fargher, Neil (2020) The Impact of Thinking Approach on Offshore Auditors’ Judgment Quality. In: [Presented at the 2020 American Accounting Association Auditing Section Midyear Meeting]. -30. From: 2020 American Accounting Association Auditing Section Midyear Meeting, 16-18 January 2020, Houston, TX, USA.
https://researchonline.jcu.edu.au/76948/
restricted
oai:researchonline.jcu.edu.au:77756
2023-02-20T23:15:35Z
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Risk disclosure practices: Does institutional imperative matter?
Azim, Mohammad
Nahar, Shamsun
Government-owned banks in emerging economies commonly suffer from a lack of good governance, non-performing loans, undetected money laundering and other management malpractices. Managing and disclosing risks are significant issues for managers of government-owned banks. This article explores the managerial perception of risk disclosure by these government banks. Data were collected through in-depth interviews with 35 executives from government banks, government regulatory, and monitoring authorities. Institutional pressure, along with risk committees and board independence, are critical contributing factors for risk disclosure.
Taylor & Francis
2022
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/77756/1/77756.pdf
https://doi.org/10.1080/09540962.2021.1994736
Azim, Mohammad, and Nahar, Shamsun (2022) Risk disclosure practices: Does institutional imperative matter? Public Money & Management, 42 (6). pp. 388-394.
https://researchonline.jcu.edu.au/77756/
restricted
oai:researchonline.jcu.edu.au:77759
2023-02-23T19:30:10Z
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Risk disclosure and risk governance characteristics: evidence from a developing economy
Nahar, Shamsun
Azim, Mohammad Istiaq
Hossain, Md Moazzem
Purpose
The purpose of this paper is to explore to what extent risk disclosure is associated with banks’ governance characteristics. The research also focuses on how the business environment and culture may create a bank’s awareness of risk management and its disclosure. This study is conducted in a setting where banks are not mandated to follow international standards for their risk disclosures.
Design/methodology/approach
Using 300 bank-year observations comprising hand-collected private commercial bank data, the study uses regression analysis to investigate the influence of risk governance characteristics on risk disclosure.
Findings
This paper reports a positive relationship between risk disclosure and banks’ governance characteristics, such as the presence of various risk committees and a risk management unit.
Practical implications
Because studies are lacking on risk disclosure and risk governance conducted in developing countries, it is expected that this research will make a significant contribution to the literature and provide a foundation for further research in this field.
Social implications
This study complements the corporate governance literature, more specifically the risk governance literature, by incorporating agency theory, institutional theory and proprietary cost theory to provide robust evidence of the impact of risk governance practices in the context of a developing economy.
Originality/value
Previous studies on risk disclosure and governance determinants primarily involve developed countries. This paper’s contribution is to examine risk disclosure and risk governance characteristics in a developing country in which reporting according to international standards is effectively voluntary.
Emerald
2020
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/77759/1/77759.pdf
https://doi.org/10.1108/IJAIM-07-2019-0083
Nahar, Shamsun, Azim, Mohammad Istiaq, and Hossain, Md Moazzem (2020) Risk disclosure and risk governance characteristics: evidence from a developing economy. International Journal of Accounting & Information Management, 28 (4). pp. 577-605.
https://researchonline.jcu.edu.au/77759/
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oai:researchonline.jcu.edu.au:78028
2024-03-05T14:52:49Z
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Political uncertainty and stock market liquidity, size, and transaction cost: The role of institutional quality
Kwabi, Frank Obenpong
Adegbite, Emmanuel
Ezeani, Ernest
Wonu, Chizindu
Mumbi, Henry
Using panel data of 42 countries from 2001 to 2019, we examine whether political uncertainty (caused by uncertainty about national elections) explains variations in cross-country liquidity, market size, and transaction cost. We also investigate whether institutional quality moderates the negative effects of political uncertainty on stock market development. We show that political uncertainty reduces stock market size, liquidity, and increases transaction costs. Our results indicate that institutional quality moderates the negative effects of political uncertainty on stock market development. However, we find no effects in emerging markets arising from the high prevalence of weak institutions. We confirm the robustness of our findings using alternative financial development measures and endogeneity. This study enhances our understanding of the salient role of political uncertainty in the development of the stock market, with important implications for market regulators, corporations, and investors.
Wiley
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/78028/1/78028.pdf
https://doi.org/10.1002/ijfe.2760
Kwabi, Frank Obenpong, Adegbite, Emmanuel, Ezeani, Ernest, Wonu, Chizindu, and Mumbi, Henry (2023) Political uncertainty and stock market liquidity, size, and transaction cost: The role of institutional quality. International Journal of Finance & Economics. (In Press)
https://researchonline.jcu.edu.au/78028/
open
oai:researchonline.jcu.edu.au:78029
2023-09-13T19:30:10Z
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Chief financial officer overconfidence and earnings management
Qiao, Lu
Adegbite, Emmanuel
Nguyen, Tam Huy
This study explores the relationship between overconfident Chief Financial Officers (CFOs) and earnings management. Through the lens of upper echelons and overconfidence theories, and using a large sample of 14,156 observations of US firms from 1999 to 2021 inclusive, our study finds that overconfident CFOs are positively associated with earnings management. We show that overconfident CFOs use earnings management to reduce earnings volatility, given that a smooth performance can release their financing pressure. In doing this, we rule out another possible explanation of overconfident CFOs engaging in earnings management to pursue high compensation. Our findings pass a series of robustness tests, including entropy balancing, the Difference-in-Differences test based on the propensity score matching sample (PSM-DID), and alternative measures of main variables. Our study provides a new determinant of earnings management that has more explanatory power than CFO demographic traits – i.e. CFO cognitive biases. Our findings nonetheless show the “bright” side of CFO overconfidence, helping investors, regulators, and policymakers understand overconfident CFOs’ financial reporting decisions.
Taylor & Francis
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/78029/1/78029.pdf
https://doi.org/10.1080/01559982.2023.2196045
Qiao, Lu, Adegbite, Emmanuel, and Nguyen, Tam Huy (2023) Chief financial officer overconfidence and earnings management. Accounting Forum. (In Press)
https://researchonline.jcu.edu.au/78029/
open
oai:researchonline.jcu.edu.au:78233
2024-03-05T14:40:03Z
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74797065733D626F6F6B5F73656374696F6E
Big data applications in accounting: Implications for the tropics
Biglari, Vahid
Pourabedin, Zahra
Big data is the huge amount of data that is continuously produced by tools and technologies such as credit cards and customer loyalty cards, Internet and social media, Wi-Fi sensors, and electronic tagging. This study aims to review the literature on big data analysis and its integration in the accounting process. The study uses the secondary research to do a systematic review of the literature on big data analysis in the accounting profession. Despite the relative growth of technology in the accounting profession and extensive research in the big data analysis field, there are not enough academic review studies on using big data analysis in accounting. This chapter clarifies the issue of big data analysis in accounting and the opportunities that arise from it. The findings show that big data can improve accounting in several areas including data asset valuation, decision-making, risk management, and internal and independent auditing. The findings draw some implications for using big data analysis to enhance sustainability accounting in tropics.
Routledge
Wood, Jacob
Chaiechi, Taha
Thirumaran, K.
2022
Book Chapter
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/78233/1/78233.pdf
https://doi.org/10.4324/9781003153580-10
Biglari, Vahid, and Pourabedin, Zahra (2022) Big data applications in accounting: Implications for the tropics. In: Wood, Jacob, Chaiechi, Taha, and Thirumaran, K., (eds.) Business, Industry, and Trade in the Tropics. Routledge Advances in Business, Industry and Trade in the Tropics . Routledge, Abingdon, Oxon, UK, pp. 175-195.
https://researchonline.jcu.edu.au/78233/
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oai:researchonline.jcu.edu.au:78610
2024-03-04T14:36:58Z
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Corporate Governance and Corporate Political Responsibility
Ali, Hesham
Adegbite, Emmanuel
Nguyen, Tam Huy
This study investigates the pivotal policy question of whether a firm’s corporate governance influences its political spending disclosures. Using a sample of S&P 500 firms from 2011 to 2019, we find empirical evidence that a board of directors’ monitoring and resource provision roles affect a firm’s political spending disclosure. Extending agency theory-driven expectations, we provide evidence that measures of a board’s monitoring role such as female monitoring directors, shorter board tenure, audit committee size, audit committee meetings, and audit committee education enhance a firm’s political spending disclosures. Second, drawing from resource dependence theory and examining a board’s resource provisions, we find evidence that female advisory directors, CEO duality, additional directorships, and audit committee characteristics (i.e., size, number of meetings, age, and education) promote political spending disclosures. The study contributes to corporate governance and corporate political activity literatures by outlining different types of governance that may drive a firm’s political spending disclosures, a key component of a firm’s political responsibility.
Sage Publications
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/78610/7/78610.pdf
https://doi.org/10.1177/00076503231157725
Ali, Hesham, Adegbite, Emmanuel, and Nguyen, Tam Huy (2023) Corporate Governance and Corporate Political Responsibility. Business & Society. (In Press)
https://researchonline.jcu.edu.au/78610/
open
oai:researchonline.jcu.edu.au:78625
2023-05-26T19:30:03Z
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A gendered discourse on truthful disclosure of financial fraud practices among accountants in China: implications to corporate governance
Tan, Kim-Lim
Liu, Yuming
Ye, Qiuting
Purpose: With the worsening of corporate fraud and consequential loss, the growing importance of truthful disclosure is globally advocated. This study aims to examine corporate governance’s role in accountants’ intention to disclose fraudulent practices honestly. At the same time, this study examines intergender differences concerning the formation of the disclosure intention.
Design/methodology/approach: Based on the theory of planned behavior (TPB), data from 256 accountants working in China have been collected via an online survey. This data is subsequently analyzed with the partial least square (PLS) structural equation modeling method.
Findings: The results revealed that integrity and corporate governance significantly positively affect employees’ attitudes, subjective norms and perceived behavioral control toward disclosure intention. At the same time, it shows that only subjective norm and perceived behavioral control established a significant positive relationship with disclosure intention. It also shows that males display higher attitudes and perceived behavioral control in developing the intention.
Originality/value: This study helps understand accountants’ disclosure intention of fraud practices, especially during shock events such as the COVID-19 pandemic. To the best of the authors’ knowledge, this study is the first to extend the TPB incorporating corporate governance and integrity as antecedents to disclosure intention. At the same time, this study contributes to the existing literature by being the first attempt to investigate intergender differences. Finally, it advances the body of knowledge on employees’ behavior and contributes methodologically by introducing the PLS approach.
Emerald Group Publishing
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/78625/1/10-1108_ARJ-07-2022-0160.pdf
https://doi.org/10.1108/ARJ-07-2022-0160
Tan, Kim-Lim, Liu, Yuming, and Ye, Qiuting (2023) A gendered discourse on truthful disclosure of financial fraud practices among accountants in China: implications to corporate governance. Accounting Research Journal, 36 (2/3). pp. 230-250.
https://researchonline.jcu.edu.au/78625/
restricted
oai:researchonline.jcu.edu.au:78688
2024-02-28T14:31:33Z
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Work-integrated learning for international students: developing self-efficacy through the Australian National Tax Clinic program
Cull, Michelle
McLaren, John
Freudenberg, Brett
Vitale, Connie
Castelyn, Donovan
Whait, Rob
Kayis-Kumar, Ann
Le, Van
Morgan, Annette
This article considers the impact of the work-integrated learning (`WIL') experience as part of Australia's National Tax Clinic Program (`NTCP') on the self-efficacy of international students studying in Australia. Through a pre and post survey the results demonstrate that participation in the NTCP had a positive impact on the self-efficacy of international students to a larger extent than domestic students. The WIL experience substantially increased the confidence of international students in relation to applying taxation law, communication, teamwork, presenting ideas and taxation research. In addition, international students were more confident in achieving their career goals and understanding what is expected of them as a professional advisor. This study provides empirical evidence of the benefits of WIL for international students. The findings have implications for educational professionals as they design future degree courses which aim to improve both the student experience and employability outcomes of international students.
Australian Tax Teachers Association
2022
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/78688/1/78688.pdf
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4444882
Cull, Michelle, McLaren, John, Freudenberg, Brett, Vitale, Connie, Castelyn, Donovan, Whait, Rob, Kayis-Kumar, Ann, Le, Van, and Morgan, Annette (2022) Work-integrated learning for international students: developing self-efficacy through the Australian National Tax Clinic program. Journal of the Australasian Tax Teachers Association, 17 (1). pp. 22-56.
https://researchonline.jcu.edu.au/78688/
restricted
oai:researchonline.jcu.edu.au:78831
2023-06-05T04:24:06Z
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Female directorship and ethical corporate governance disclosure practices in highly patriarchal contexts
Areneke, Geofry
Adegbite, Emmanuel
Tunyi, Abongeh
Hussain, Tanveer
We examine whether and to what extent female directors impact on ethical CG disclosure practices in a highly patriarchal sub-Saharan African country—Nigeria. Using hand-collected data for 108 listed firms from 2011 to 2017 (756 firm-year observations) and employing a system GMM model to control for endogeneity, we show that female directorship is positively and significantly associated with ethical CG disclosures. Our evidence suggests that, even within patriarchal societies where women face negative preconceptions and stereotypes about their leadership capabilities, firms with female directors disclose higher ethical CG practices than firms without such representation. Furthermore, the effectiveness of female directors in influencing ethical CG practices is positively enhanced by foreign directors and institutional shareholders but weakened in larger boardrooms. We also evidence that in firm-level configuration of CG bundle, female directorship is a substitute mechanism for leadership duality, larger boards, non-executive and foreign directorship.
Elsevier
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/78831/1/78831.pdf
https://doi.org/10.1016/j.jbusres.2023.114028
Areneke, Geofry, Adegbite, Emmanuel, Tunyi, Abongeh, and Hussain, Tanveer (2023) Female directorship and ethical corporate governance disclosure practices in highly patriarchal contexts. Journal of Business Research, 164. 114028. pp. 1-16.
https://researchonline.jcu.edu.au/78831/
open
oai:researchonline.jcu.edu.au:79163
2023-11-20T23:29:03Z
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Nigerian professional investors' sensemaking of the impact of shareholder activism on corporate accountability
Ashiru, F.
Adegbite, E.
Nakpodia, F.
This study investigates the perceptions of professional investors (PIs) on the impact of three groups of shareholder activists (i.e., reputable, sophisticated, or institutional) on corporate accountability in a weak institutional context and how this shapes the PIs’ investment recommendations. Relying on a sense-making theoretical perspective of the power and competence of shareholder activists obtained through semi-structured interviews with 27 Nigerian PIs, we reveal that the impact of shareholder activism occurs in three activism-accountability dimensions: dominant, insignificant, and emerging. Subsequently, we unpack factors that explain the power and influence of the dominant activism of reputable activists, the insignificant activism of sophisticated activists and the emerging activism of institutional activists. By advocating a contextual understanding of shareholder activism, this article sheds much-needed insights into the concept of ‘activism-accountability’ in a weak institutional environment.
Elsevier
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79163/9/79163.pdf
https://doi.org/10.1016/j.jaccpubpol.2023.107114
Ashiru, F., Adegbite, E., and Nakpodia, F. (2023) Nigerian professional investors' sensemaking of the impact of shareholder activism on corporate accountability. Journal of Accounting and Public Policy, 42 (4). 107114.
https://researchonline.jcu.edu.au/79163/
open
oai:researchonline.jcu.edu.au:79581
2023-11-20T23:40:19Z
7374617475733D696E7072657373
74797065733D61727469636C65
CFO Overconfidence and Conditional Accounting Conservatism
Qiao, L.
Adegbite, E.
Nguyen, T.
This study investigates the association between Chief Financial Officers (CFOs) overconfidence and conditional accounting conservatism. Relying on upper echelons and overconfidence theories and based on a large sample of US-listed firms’ data from 1992 to 2019 (21,626 firm-year observations), we find a statistically and economically significant negative relationship between CFO overconfidence and conditional accounting conservatism, suggesting that overconfident CFOs tend to diminish conditional accounting conservatism. These findings persist in a series of robustness tests. In the mechanism analysis, we predict that overconfident CFOs aim to convey private information by reducing conditional accounting conservatism. We prove this conjecture by observing that overconfident CFOs who adopt lower levels of conditional accounting conservatism increase earnings informativeness (i.e., the amount of information about future cash flows or earnings contained in current stock returns) and reduce their precautionary incentives to save cash. We further rule out another mechanism (i.e compensation concerns) that may motivate overconfident CFOs to reduce conditional accounting conservatism. Moreover, we show that overconfident CFOs with higher powers are more able to minimize conditional accounting conservatism. Our study highlights the significance and motivation of overconfident CFOs in determining asymmetric recognition of good and bad news.
Springer
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79581/1/79581.pdf
https://doi.org/10.1007/s11156-023-01188-7
Qiao, L., Adegbite, E., and Nguyen, T. (2023) CFO Overconfidence and Conditional Accounting Conservatism. Review of Quantitative Finance and Accounting. (In Press)
https://researchonline.jcu.edu.au/79581/
open
oai:researchonline.jcu.edu.au:79648
2023-08-07T23:29:59Z
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Audit Research in Australian Charitable Organisations: A Review of Literature
Gilchrist, David
Agrawal, Prerana
Das, Abhijit
Wen, Han
In the last 5 years, discussions on research opportunities in the audit service area for the large, medium, and small Australian charitable organisations have garnered a lot of interest among academics, practitioners, standard-setters, and regulators in Australia. Principally, this has been the result of increased focus on accounting standards and reporting concerning to charitable organisations. However, up until recently, research in the audit of charitable organisations is still in the stage of infancy and therefore, the development of a research program is crucial to narrow the knowledge gap.
In this paper, we review prior literature that investigates auditing-related issues for the not-for-profit sector (i.e., charitable and other types of not-for-profit organisations). We classify extant auditing literature in two broad categories: (1) effectiveness of governance in financial reporting quality in not-for-profit organisations and (2) audit quality in not-for-profit organisations. We will use this categorisation to assess the cumulative knowledge generated in the past 5 years, as well as to identify knowledge gaps and opportunities for future research.
Based on the literature review, we aim to develop exemplars of audit research mainly for medium and large Australian charitable organisations with a view of the terrain over which research can be progressed, in particular, we aim to address the following research questions:
Category 1: Effectiveness of Governance in Financial Reporting Quality in not-for-profit organisations
(i) To what extent governance mechanisms (e.g., audit committee, internal audit) are effective in producing quality financial reports in large Australian charities?
(ii) How are audit committees of charities in Australia related to each other? What is the issue if they are related?
Category 2: Audit Quality in non-for-profit organisations
(iii) Are audit-related factors (e.g., auditor size, auditor specialisation, auditor tenure and audit fees) associated with audit quality in large and medium charities in Australia?
(iv) Is there any evidence of earnings management in large and medium charities in Australia?
(v) Do sophisticated donors discount accounting information more than mum-dad donors if audited by “Non-Big 4” auditors rather than “Big 4” auditors?
(vi) Is there any difference in audit quality between pro-bono, low pro-bono and non-pro-bono audits of large and medium charities in Australia?
Australian and New Zealand Third Sector Research
2022
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79648/1/79648.pdf
Gilchrist, David, Agrawal, Prerana, Das, Abhijit, and Wen, Han (2022) Audit Research in Australian Charitable Organisations: A Review of Literature. In: [Presented at the 15th Biennial Australian and New Zealand Third Sector Research Conference]. From: 15th Biennial Australian and New Zealand Third Sector Research Conference: The Voice and Contribution of the Third Sector in Australia and New Zealand: Contemporary Achievements and Challenges in Creating Public Good, 17-19 November 2022, Perth, WA, Austraia.
https://researchonline.jcu.edu.au/79648/
open
oai:researchonline.jcu.edu.au:79754
2024-02-14T19:30:07Z
7374617475733D696E7072657373
74797065733D61727469636C65
It is a balancing act: understanding the key audit matters disclosure in the context of a developing country
Bepari, Md. Khokan
Nahar, Shamsun
Azim, Mohammad
Mollik, Abu Taher
Abstract
Purpose
This study aims to examine the strategies that auditors in Bangladesh follow in identifying and reporting key audit matters (KAMs). The study also examines the factors affecting auditors’ strategies in the identification and disclosures of KAMs.
Design/methodology/approach
The authors have conducted interviews with audit partners, chief financial officers (CFOs) and regulators involved in KAMs reporting and monitoring. The authors have used the lens of institutional theory of coercive, mimetic and normative isomorphism and the concept of decoupling.
Findings
Auditors have used a decoupling strategy by identifying and reporting greater number of industry-generic KAMs than that of other countries in an effort to minimize risks and avoid regulatory scrutiny, although they disclose remote risks as KAMs and mask severe problem areas of the client. Because of the principle-based approach of International Standards on Auditing (ISA) 701 and because of the pressure and misunderstanding from the audit committee, auditors report industry-generic items and generic descriptions of KAMs.
Practical implications
The findings have important implications for the standard setters and local and global audit firms for the diffusion of new auditing standards in different jurisdictions. Without the development of audit firm-level capability and the corporate governance environment, changes in standards may not be effective in achieving the objectives of the standards.
Social implications
Although auditors consider that the KAMs reporting requirements provide with opportunities to enhance audit profession’s legitimacy and public trusts, the actual KAMs reporting practices are driven by the market logic, an urge to maintain the status quo with clients and eventual rationalization of the impairment of professional independence.
Originality/value
Given the dearth of prior research on the implementation and diffusion patterns of ISA 701 KAMs reporting, this study fills the gap in the literature. To the best of the authors’ knowledge, this is the first known study to examine auditors’ strategic responses to balance among conflicting priorities in reporting KAMs.
Emerald
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79754/1/79754.pdf
https://doi.org/10.1108/JAOC-09-2022-0131
Bepari, Md. Khokan, Nahar, Shamsun, Azim, Mohammad, and Mollik, Abu Taher (2023) It is a balancing act: understanding the key audit matters disclosure in the context of a developing country. Journal of Accounting & Organizational Change. (In Press)
https://researchonline.jcu.edu.au/79754/
restricted
oai:researchonline.jcu.edu.au:79767
2023-09-08T19:30:08Z
7374617475733D707562
74797065733D61727469636C65
A Consideration of Literature on Trust and Distrust as they Relate to Auditor Professional Scepticism
Harding, Noel
Azim, Mohammad
Jidin, Radzi
Muir, Janine P.
With a view to expanding the discussion on professional scepticism, and motivating a broader perspective in research undertaken with the aim of helping auditors meet ongoing demands for an elevated level of professional scepticism, we consider the literature on trust and distrust as it relates to auditor professional scepticism. We draw on literature from a range of disciplines, and highlight new opportunities and previously unidentified challenges in helping auditors exercise an elevated level of professional scepticism. We distinguish between trust and distrust and note that the issue of professional scepticism is likely to be as much about auditors being insufficiently distrusting as it is about auditors being overly trusting. A number of potentially fruitful means by which professional scepticism might be enhanced are highlighted but we also encourage caution in that lower levels of trust in management, and increased distrust in management, may have unintended negative consequences.
Australian Society of Certified Practising Accountants
2016
Article
NonPeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79767/7/79767.pdf
https://doi.org/10.1111/auar.12126
Harding, Noel, Azim, Mohammad, Jidin, Radzi, and Muir, Janine P. (2016) A Consideration of Literature on Trust and Distrust as they Relate to Auditor Professional Scepticism. Australian Accounting Review, 26 (3). pp. 243-254.
https://researchonline.jcu.edu.au/79767/
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oai:researchonline.jcu.edu.au:79770
2023-09-06T06:58:21Z
7374617475733D707562
74797065733D61727469636C65
Risk governance and performance: a developing country perspective
Nahar, Shamsun
Jubb, Christine
Azim, Mohammad
Purpose: The purpose of this paper is to investigate the association between risk governance and bank performance in a country where disclosure of risk information is virtually voluntary.
Design/methodology/approach: Using 210 bank-year observations comprising hand-collected data for the period 2006-2012, the study uses regression analysis to test whether a significant relationship exists between risk governance and banks’ accounting- and market-based performance.
Findings: This paper investigates risk governance in terms of risk disclosure, number of risk committees and existence of a risk management unit, controlling for other corporate governance variables. Accounting-based performance is measured by return on equity and return on assets; market-based performance is measured by Tobin’s q and buy-and-hold returns. The results show that there is a significant relationship between risk governance and bank performance measures used in this study.
Research limitations/implications: This paper complements the governance literature by incorporating agency and neo-institutional theory to provide robust evidence that risk monitoring and management are associated with bank performance, which has become extremely important following the global financial crisis (2007-2008).
Practical implications: Empirical evidence in this paper suggests that risk governance characteristics can be used as channels to improve bank performance. In addition, stakeholders may find these results useful in selecting their preferred bank.
Originality/value: The uniqueness of this paper lies in its country setting. Most studies on governance and performance involve developed countries. This paper’s contribution is to examine the association of risk governance characteristics for both accounting-based and market-based performance in a developing economy setting, with virtually voluntary compliance mechanisms in place.
Emerald
2016
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79770/7/79770.pdf
https://doi.org/10.1108/MAJ-02-2015-1158
Nahar, Shamsun, Jubb, Christine, and Azim, Mohammad (2016) Risk governance and performance: a developing country perspective. Managerial Auditing Journal, 31 (3). pp. 250-268.
https://researchonline.jcu.edu.au/79770/
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oai:researchonline.jcu.edu.au:79771
2023-09-06T06:41:10Z
7374617475733D707562
74797065733D61727469636C65
Risk disclosure, cost of capital and bank performance
Nahar, Shamsun
Azim, Mohammad
Jubb, Christine
Purpose: This study aims to examine the relationship among corporate risk disclosure, cost of equity capital and performance within banking institutions in a developing country setting. The authors argue that corporate risk disclosure reduces the cost of capital as investors attain better information and have confidence in the business and that less risk disclosure may generate ambiguity for potential stakeholders.
Design/methodology/approach: This study uses the population of all 30 listed banks on the Dhaka Stock Exchange, Bangladesh, for the years 2006 to 2012 and uses three-stage least-squares simultaneous equations to deal with endogeneity issues.
Findings: There is evidence that Bangladesh has voluntarily adopted the International Financial Reporting Standard 7 – Financial Instruments: Disclosures (IFRS 7) and Basel II: Market Discipline and that these standards enhance risk disclosure even where compliance is not compulsory. The cost of capital is found to be negatively associated with risk disclosure, which has an inverse relationship with bank performance.
Originality/value: This study provides a link between risk disclosure, cost of capital and performance. It fills a gap in the literature by providing a longitudinal study of risk disclosure in the banking sector of Bangladesh. This research also highlights the importance of appropriate risk disclosure for banks and suggests its importance in the process of fulfilling stakeholders’ demands.
Emerald
2016
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79771/7/79771.pdf
https://doi.org/10.1108/IJAIM-02-2016-0016
Nahar, Shamsun, Azim, Mohammad, and Jubb, Christine (2016) Risk disclosure, cost of capital and bank performance. International Journal of Accounting & Information Management, 24. pp. 476-494.
https://researchonline.jcu.edu.au/79771/
restricted
oai:researchonline.jcu.edu.au:79772
2023-09-06T06:12:59Z
7374617475733D707562
74797065733D61727469636C65
The determinants of risk disclosure by banking institutions: Evidence from Bangladesh
Nahar, Shamsun
Azim, Mohammad
Jubb, Christine
Purpose: The purpose of this paper is to investigate the extent of risk disclosure and the factors determining this for all listed banks in Bangladesh.
Design/methodology/approach: Relying on a theoretical framework based on agency theory and the creation of a risk disclosure index (RDI) based on International Financial Reporting Standard (IFRS) 7, Basel II: market discipline, and prior literature, hand-collected data from the annual reports of all 30 banks traded on the Dhaka Stock Exchange over 2007-2012, creating 180 bank-year observations, are analysed.
Findings: The study suggests that implementation of IFRS 7 and Basel II: market discipline standards in a non-mandated environment raised the extent of risk disclosure in every category of financial institution risk (market, credit, liquidity, operational and equities). The effect can be attributed to regulatory concerns and voluntary adoption of international disclosure standards in the banking industry in Bangladesh. Specifically, whilst the determinants of disclosure vary across types of risk, the number of risk committees, leverage, company size, the existence of a risk management unit, board size and a Big4 affiliate auditor are significant determinants of at least one category of risk disclosure.
Research limitations/implications: The source of risk disclosures is limited to listed banks’ annual reports.
Practical implications: The RDI, developed in this paper, contributes to the literature by: first, quantifying the extent of each of five types of risk disclosure; and second, identifying the factors determining them. Stakeholders, particularly depositors and investors, can use this index to select or monitor their bank of interest.
Originality/value: The RDI was developed according to the most relevant standards – IFRS 7 and Basel II: market discipline, plus prior scholarly literature. This type of benchmarking has not been conducted to date in previous studies. Inferences about risk disclosure are based on archival data derived from all listed banks in a virtually unregulated environment. Further, the study complements the literature by providing support for the applicability of agency theory in investigating the level of risk disclosure by banks.
Emerald Group
2016
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79772/7/79772.pdf
https://doi.org/10.1108/ARA-07-2014-0075
Nahar, Shamsun, Azim, Mohammad, and Jubb, Christine (2016) The determinants of risk disclosure by banking institutions: Evidence from Bangladesh. Asian Review of Accounting, 24 (4). pp. 426-444.
https://researchonline.jcu.edu.au/79772/
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oai:researchonline.jcu.edu.au:79774
2023-12-18T23:38:58Z
7374617475733D707562
74797065733D61727469636C65
Corporate social responsibility disclosures and earnings quality: Are they a reflection of managers' opportunistic behavior?
Badrul, Mohammad Badrul
Khan, Arif I.
Azim, Mohammad
Purpose – This paper aims to explore the relationship between corporate social responsibility (CSR) disclosures and earnings quality proxied by earnings accruals. Specifically, we examine whether CSR disclosures are context-specific, that is, whether companies dominated by powerful stakeholders are obliged to behave in a responsible manner to constrain earnings management, thereby reporting higher-quality earnings to investors.
Design/methodology/approach – This paper explores the relationship between CSR disclosures and earnings quality proxied by earnings accruals. Specifically, we examine whether CSR disclosures are context-specific, that is, whether companies dominated by powerful stakeholders are obliged to behave in a responsible manner to constrain earnings management, thereby reporting higher-quality earnings to investors.
Findings – Results show that managers in an emerging economy manage earnings when they provide more CSR disclosures. Such earnings management is achieved through income increasing discretionary accruals. Furthermore, companies from export-oriented industries dominated by powerful stakeholders (international buyers) disclosing more CSR activities, provide transparent financial reports through
constraining earnings management.
Originality/value – The findings of this study are significant for both investors and policymakers. Investors should not take for granted that firms engage in CSR activities, behave ethically and provide transparent financial reports. As we document that firms might manipulate earnings through discretionary accruals and provide less transparent financial reports to shareholders, the credibility of firms’ CSR policies should be assessed with caution. Policies directing at promoting socially responsible practices instead of motivating the desired behaviour, may provide managers with additional incentives to utilise CSR for opportunistic behaviour. Thus, policymakers need to be cautious about this opportunistic behaviour and enhance monitoring to enforce social compliance. Possibly, some guidelines can be introduced to confirm that CSR disclosures are based on actual practice and not just a “green wash” statement to deceive stakeholders.
Emerald
2015
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79774/1/MAJ-02-2014-0997.pdf
https://doi.org/10.1108/MAJ-02-2014-0997
Badrul, Mohammad Badrul, Khan, Arif I., and Azim, Mohammad (2015) Corporate social responsibility disclosures and earnings quality: Are they a reflection of managers' opportunistic behavior? Managerial Auditing Journal, 30 (3). pp. 277-298.
https://researchonline.jcu.edu.au/79774/
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oai:researchonline.jcu.edu.au:79931
2023-12-04T23:19:14Z
7374617475733D707562
74797065733D636F6E666572656E63655F6974656D
Role of Motive and Persuasive Messages in Auditors' Reliance on Data Analytics
Dharmasiri, Prabashi
Phang, Soon-Yeow
Zhu, Skye
Ko, John
While auditors understand the benefits of data analytics (DA) for audit quality, many fail to utilize it to its full potential. Based on the insights from our interviews, we conduct an experiment to investigate the joint influence of auditors’ motives and persuasive messages in enhancing auditors’ reliance on DA. We find that auditors motivated by enjoyment and pleasure (hedonic motives) are more likely to rely on DA when they receive persuasive messages containing less forceful language. This effect is strengthened by the auditors’ level of technological savviness. In contrast, auditors who aim for personal excellence and purpose (eudaimonic motives) are more likely to rely on DA when they receive persuasive messages containing forceful language. This effect is driven by the auditors’ perceived meaningfulness of their auditing job. Our study provides insights into how practitioners can structure their messages and prime auditors’ motives to enhance auditors’ reliance on DA.
International Symposium on Audit Research
2023
Conference Item
NonPeerReviewed
application/pdf
https://researchonline.jcu.edu.au/79931/9/79931.pdf
Dharmasiri, Prabashi, Phang, Soon-Yeow, Zhu, Skye, and Ko, John (2023) Role of Motive and Persuasive Messages in Auditors' Reliance on Data Analytics. In: [Presented at the International Symposium on Audit Research]. From: ISAR 2023: International Symposium on Audit Research, 2-3 June 2023, Sydney, NSW, Australia.
https://researchonline.jcu.edu.au/79931/
restricted
oai:researchonline.jcu.edu.au:80552
2024-03-04T14:16:26Z
7374617475733D696E7072657373
74797065733D61727469636C65
Content characteristics of key audit matters reported by auditors in Bangladesh and their implications for audit quality
Bepari, Md Khokan
Nahar, Shamsun
Mollik, Abu Taher
Azim, Mohammad Istiaq
Purpose: In this study the authors examine the nature and contents of key audit matters (KAMs), and the consequences of KAMs reporting on audit quality in the context of a developing country, Bangladesh. The authors’ proxies of audit qualities are discretionary accruals, small positive earnings surprise, audit report lag, earnings management via below the line items and audit fees.
Design/methodology/approach: The authors use content analysis of the KAMs for the period 2018–2021 to understand the nature and extent of KAMs reported by auditors in Bangladesh. The authors then use multivariate regression analysis to examine the effect of the number and content characteristics of KAMs on audit quality by using multivariate regression analysis.
Findings: Auditors in Bangladesh disclose a higher number of KAMs compared to other countries, disclose short descriptions of KAMs and industry generic KAMs. The authors document significant cross-sectional variations in the number and content characteristics of KAMs reported by auditors in Bangladesh. The authors’ pre-post analysis suggest that audit quality has improved after the adoption of KAMs. Cross-sectional analysis suggests that KAMs number and content characteristics are related to audit quality.
Practical implications: The authors’ findings imply that the KAMs reporting has the potential to play significant monitoring role in reducing the opportunistic behavior of managers. Hence, KAMs reporting can play a significant role in reducing the agency problem. For regulators, shareholders and corporate managers, the authors’ findings imply that if the audit quality is to be increased, the audit effort should be supported by an appropriate amount of audit fee.
Social implications: The content characteristics of KAMs significantly influence managerial reporting behavior and affect the level of audit efforts.
Originality/value: Unlike developed countries (Gutierrez et al., 2018; Lennox et al. 2022), this study supports that KAMs reporting improves audit quality and control opportunistic behavior of managers in developing countries. The authors show that even though the KAMs disclosure quality is poor, it has the potential to improve financial reporting quality.
Emerald
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/80552/1/80552.pdf
https://doi.org/10.1108/JAEE-12-2022-0344
Bepari, Md Khokan, Nahar, Shamsun, Mollik, Abu Taher, and Azim, Mohammad Istiaq (2023) Content characteristics of key audit matters reported by auditors in Bangladesh and their implications for audit quality. Journal of Accounting in Emerging Economies. (In Press)
https://researchonline.jcu.edu.au/80552/
restricted
oai:researchonline.jcu.edu.au:80988
2023-11-09T01:10:42Z
7374617475733D707562
74797065733D61727469636C65
The accounting profession is undergoing a change
Azim, Mohammad
The accounting profession is currently experiencing a transformative shift, driven by advanced technologies that are revolutionizing traditional practices. This abstract explores key themes shaping this change, such as the influence of cloud computing, which enables seamless storage and accessibility of financial data. Blockchain technology ensures the integrity of transactions, emphasizing the importance of security. Additionally, sustainability concerns are pushing accountants to showcase the impact of businesses on the environment. Cybersecurity remains a constant challenge in safeguarding sensitive information. The emergence of the metaverse further blurs the line between the virtual and real worlds. Amidst these changes, the role of ChatGPT, an intelligent assistant, becomes crucial, simplifying complex tasks. Adaptability and openness to embrace new tools are emphasized as essential qualities for accounting professionals, as the future of the industry lies in leveraging technology for innovative solutions and unparalleled opportunities.
Emerald
2023
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/80988/1/80988.pdf
https://doi.org/10.1108/AAAJ-10-2023-209
Azim, Mohammad (2023) The accounting profession is undergoing a change. Accounting, Auditing and Accountability Journal, 36 (7/8). p. 1870.
https://researchonline.jcu.edu.au/80988/
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oai:researchonline.jcu.edu.au:81316
2023-12-11T23:04:30Z
7374617475733D756E707562
74797065733D746865736973
Stakeholder priority for accountability in non-government
organisations
Harris, Jason Michael
Jason Harris studied small donor priorities for accountability from non-government organisations. He found that small donors want accountability to donors first, and then to beneficiaries, but that accountability to beneficiaries must be mediated through upward stakeholders in order to be effective. Non-government organisations will use his findings to better understand accountability to small donors and beneficiaries.
2023
Thesis
NonPeerReviewed
application/pdf
https://researchonline.jcu.edu.au/81316/1/JCU_81316_Harris_2023_thesis.pdf
https://doi.org/10.25903/9yyw-dk47
Harris, Jason Michael (2023) Stakeholder priority for accountability in non-government organisations. PhD thesis, James Cook University.
https://researchonline.jcu.edu.au/81316/
open
oai:researchonline.jcu.edu.au:81384
2023-12-19T01:17:49Z
7374617475733D707562
74797065733D636F6E666572656E63655F6974656D
Seeking a Sustainable Technology of Governance to Support Small and Medium Enterprises: A Study from the ASEAN Countries
Harun, Harun
David, Carter
Khan, Habib
The study aims to provide a better understanding with respect to key institutional environment and challenges associated with the adoption of technology of governance by small and medium enterprises (SMEs) in ten countries of the Association of the Southeast Asia Nations (ASEAN). The empirical data of the study was collected from a survey of 200 professional accountants in 10 ASEAN countries, in-depth interviews with 65 participants including the owners of SMEs, regulators, and government officials in the region. We find that although all ASEAN countries recognize the significant economic role of SMEs, incoherent and contradictory definitions of SMEs across ASEAN countries persist. Beyond this, there is a naive assumption among policy makers and the accounting profession who believe that the success of SME companies is how to become a big company like a multinational firm. Unfortunately, such an assumption has an impact on policy making in support of SMEs. Consequently, training, skills uptakes and technological support provided by the accounting, professional, international, and governmental bodies in the ASEAN also fail to meet the real needs of SMEs from the economic and sustainability perspective of these entities. The study warns that micro-entrepreneurs have been excluded from all accounting service processes, standard-setting processes and government support according to the needs of SMEs. Finally, this study provides recommendations for government agencies, accounting professional bodies and standard setters across the ASEAN to enhance the existing roles of SMEs in the future with the support of sustainable technology of governance.
Springer
Eijdenberg, Emiel L.
Mukherjee, Malobi
Wood, Jacob
2023
Conference Item
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/81384/1/81384.pdf
https://doi.org/10.1007/978-981-99-2909-2_2
Harun, Harun, David, Carter, and Khan, Habib (2023) Seeking a Sustainable Technology of Governance to Support Small and Medium Enterprises: A Study from the ASEAN Countries. In: Innovation-driven business and sustainability in the tropics: Proceedings of the Sustainability, Economics, Innovation, Globalisation and Organisational Psychology Conference 2023. pp. 7-28. From: SEIGOP 2023: Sustainability, Economics, Innovation, Globalisation and Organisational Psychology Conference, 1-3 March 2023, Singapore.
https://researchonline.jcu.edu.au/81384/
restricted
oai:researchonline.jcu.edu.au:81463
2024-03-08T19:30:09Z
7374617475733D707562
74797065733D61727469636C65
How do lead auditor instructions influence component auditors' evidence collection decisions? The joint influence of construal interpretations and responsibility
Zhu, Skye
Phang, Soon Yeow
Regulators have raised concerns about the quality of component auditors' work. Of particular concern is that component auditors often do not adequately perform procedures and gather enough quality evidence. This failure is likely caused by component auditors' different interpretations of lead auditor instructions and by their lack of responsibility. Our interview findings suggest that component auditors tend to interpret lead auditor instructions concretely because they often receive detailed instructions from lead auditors. We propose that a responsibility prompt reminding component auditors to be aware of their obligations to the group audit engagement can improve their evidence collection. In two experiments, we find that our proposed responsibility prompt can effectively improve component auditors' evidence collection decisions and that this finding holds across different cultural settings. Our third experiment provides evidence that a responsibility prompt improves component auditors' evidence collection when provided to auditors who receive instructions that prime low-level (but not high-level) construals. Overall, our findings suggest that prompting component auditors to internalize the responsibility of a group audit engagement is a viable way to improve the quality of group audits.
Canadian Academic Accounting Association
2024
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/81463/1/81463.pdf
https://doi.org/10.1111/1911-3846.12911
Zhu, Skye, and Phang, Soon Yeow (2024) How do lead auditor instructions influence component auditors' evidence collection decisions? The joint influence of construal interpretations and responsibility. Contemporary Accounting Research, 41 (1). pp. 591-619.
https://researchonline.jcu.edu.au/81463/
open
oai:researchonline.jcu.edu.au:81758
2024-03-27T04:45:07Z
7374617475733D696E7072657373
74797065733D61727469636C65
Reducing dishonest disclosures during expense reimbursement: investigating the predictive power of the technology acceptance model with a corporate governance perspective
Tan, Kim-Lim
Hii, Ivy S.H.
Huang, Yijing
Yan, Yaru
Purpose:
Companies allowing employees to self-report business expenses face the risk of expense fraud because some occasionally engage in dishonest behavior to receive reimbursements for their use. Drawing on the technology acceptance model, this study aims to investigate the effects of perceived usefulness, perceived ease of use and perceived security on the trust in e-reimbursement systems and the relationship with honest disclosure intention.
Design/methodology/approach:
A self-administered questionnaire was distributed to 254 respondents, with the partial least squares structural equation modeling used to analyze the data.
Findings:
The findings showed that perceived security and perceived usefulness explained trust in e-reimbursement systems, whereas perceived ease of use had no significant effect on it. Corporate governance and trust in e-reimbursement systems have a positive relationship with whistleblowing intention. At the same time, corporate governance mediates the relationship between trust in e-reimbursement systems and honest disclosure intention.
Originality/value:
This study sheds light on using e-reimbursement systems within organizations to prevent fraudulent reimbursements and offers recommendations to management on enhancing employees’ intention to engage in honest disclosure behavior through e-reimbursement systems.
Emerald
2024
Article
PeerReviewed
application/pdf
https://researchonline.jcu.edu.au/81758/1/10-1108_JAOC-01-2023-0019.pdf
https://doi.org/10.1108/JAOC-01-2023-0019
Tan, Kim-Lim, Hii, Ivy S.H., Huang, Yijing, and Yan, Yaru (2024) Reducing dishonest disclosures during expense reimbursement: investigating the predictive power of the technology acceptance model with a corporate governance perspective. Journal of Accounting & Organizational Change. (In Press)
https://researchonline.jcu.edu.au/81758/
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