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Management Accounting And Service Companies' Performance: Research In Emerging Economies, Tariq Tawfeeq Yousif Alabdullah

Australasian Accounting, Business and Finance Journal

Organizations use management accounting information in a variety of ways, and specifically management accounting information that plays a significant role in the effective management process. In addition, management accounting information contributes to the organization’s performance by giving feedback on carrying out the strategic plans and completing the work, and consequently enhancing the economy of the country. However, new management accounting systems, due to its externally and future-oriented strategic characteristics, (that may avoid many of the weaknesses of conventional management accounting systems) still lack a solid base in empirical studies. The main goal of this research is to determine the effect …

An Analysis Of The Competitiveness And Market Expansion Of Thailand’S Rubber Smoked Sheet Exports - A Technical Note, Thanet Wattanakul, Sakkrin Nonthapot, Tanawat Watchalaanun

Australasian Accounting, Business and Finance Journal

This study aims to investigate the effect of market share and total RMS imports by Thailand’s RMS partner importers by employing simultaneous equations with panel data. The data consist of 10 Thailand rubber smoked sheet (RMS) partner countries between 2008 and 2017 and are estimated by using the three stage least square technique. It was found that market share has more effect on the RMS partner imports from Thailand than the partner’s market expansion while the exchange rate had a strong negative effect on market share in the partner country. As a consequence, policymakers should prioritize the formulation of suitable …

Board Diversity And Earning Quality: Examining The Role Of Internal Audit As A Moderator, Fathyah Hashim, Essia Ries Ahmed, Yeo Min Huey

Australasian Accounting, Business and Finance Journal

The purpose of this study is to explore the relationship between board diversity and the earnings quality in the firms listed in Bursa Malaysia Main Market. Malaysia is a country with multi ethnicity and different cultures among the people and this might affect positively on the quality of earning. The study also examines the involvement of the Internal Audit function being performed in-house or outsourced as a tool to enhance the earnings quality for the firms. Nationality diversity and ethnicity diversity are found to have a significant impact on the earning quality of the sample companies. Meanwhile, gender diversity and …

Do The Fraud Triangle Components Motivate Fraud In Indonesia?, Fauziah Aida Fitri, Muhammad Syukur, Gita Justisa

Australasian Accounting, Business and Finance Journal

In present day Indonesia, cases of frauds are rarely covered by the media. Even though some fraud might not be material enough to be detected, the motivation for conducting fraud exist, especially when the internal systems have some leakage. The fraud triangle and the Beneish model are two well-developed theories to understand the motivations for fraud and to detect earnings manipulation in a business. Therefore, this empirical research aims to examine the applicability of the fraud triangle components combined with the M-score from Beneish model. The investigation involves panel data from 270 non-financial companies listed on IDX (Indonesia Stock Exchange) …

Audit Tenure And Audit Quality: The Renewal Sense Of Comfort?, Albert Agusto Buntara, Desi Adhariani

Australasian Accounting, Business and Finance Journal

This study is aimed at providing empirical evidence on the association between audit tenure and audit quality to support the argument of the enactment of regulation on audit rotation in Indonesia. Using the theory of comfort perspective, this study focused on the person-to-person relationship; that is the relationship between partners of the public auditing firm and the client firm’s CEO; as well as on the relations at the firm level. Panel regression is employed to study the association of audit tenure and audit quality. The results revealed the fact that the audit partner and CEO tenure measured by the years …

Capital Structure Choices And Exports: The Case Of The Portuguese Mold Industry, Inês Lisboa

Australasian Accounting, Business and Finance Journal

This paper analyses the impact of export’s intensity on capital structure choices of 647 Portuguese firms of the mold industry, for the period 2010-2017. Not only exports intensity variables are considered, but also variables to deal with firm specific characteristics and macroeconomic factors to fulfill the paper’s aim. Four alternative proxies of capital structure are used: total, long-term, short-term debt and bank loans. Analyzing an unbalanced sample of 4225 observations, using a panel data methodology and estimating the models with fixed effects for firms, the findings of the study reveal that the reliable determinants for leverage are asset structure, growth …

Uncertainty Expressions In Accounting: Critical Issues And Recommendations, Yuqian Zhang, Anura De Zoysa, Corinne Cortese

Australasian Accounting, Business and Finance Journal

Uncertainty expressions are used in accounting contexts to describe business information. Due to the widespread use of uncertainty expressions, accounting scholars have critically assessed their potential impacts in financial reporting, as well as in the context of judgement and decision-making behaviour. In line with this topic, this paper outlines several fundamental issues related to uncertainty expressions and grounds these research paradigms and empirical findings in the context of the behavioural-psychology literature. In this study, we propose a solution to reduce potential impacts of uncertainty expressions in accounting. We advocate the Verbal-Numerical (V-N) Scale strategy for the communication of objective accounting …

Special Issues In The Australasian Accounting, Business And Finance Journal 2018 And 2019, Ciorstan Smark, Monir Mir

Australasian Accounting, Business and Finance Journal

Does a long Audit relationship lead to less objective auditing? Does how we use words or numbers influence the perception of risk taken from our accounting reports by users of those reports? In the mould (mold) industry in Portugal, does the level of export intensity influence capital structure? What sort of Special Issues does AABFJ choose to publish? These questions are amongst those discussed in this issue of the Australasian Accounting, Business and Finance Journal.

The Role Of Working Women In Investment Decision Making In The Family In India, Manish Sharma, Hima Bindu Kota

Australasian Accounting, Business and Finance Journal

The contribution of Indian women in family, businesses and society is today being recognized. The role of women in the family decisions is also increasing with the change in demographics as more women are now participating in economic activities. With the change in education, employment and contribution in the earnings of the family, her say in the family decisions are increasing. When it comes to the investment decisions, women tend to be risk averse, have conservative attitude, lower levels of financial knowledge, lack of confidence and dependent on guidance from others as suggested by different researches worldwide. The role of …

In Pursuit Of The Determinants Of Users’ Views On And Usage Practices Associated With The Use Of Virtual Systems In An Emerging Economy, Majharul Talukder

Australasian Accounting, Business and Finance Journal

While there has been extensive research on the adoption of an innovation in general, research on adoption of a specific innovation such as virtual systems in an emerging economy is relatively scarce. This research addresses this lacuna in the extant literature by empirically investigating the potential drivers impacting on the practice of virtual systems at the individual level in an emerging economy, Bangladesh. The data for the study comprises responses obtained through a cross-sectional survey of individuals using a structured instrument. Data were analyzed using correlation and multiple regression analysis. Findings suggest that a personal initiative is one of the …

Board Structure, Ownership Structure, And Performance Of Thai Listed Companies, Surachai Chancharat, Nongnit Chancharat

Australasian Accounting, Business and Finance Journal

The purpose of this paper is to investigate the effects of board and ownership structures on the performance of the companies listed on the Stock Exchange of Thailand (SET) during the period 2001-2014. A random effects panel regression analysis is employed to explore these relationships. The empirical evidence shows that the firm’s board independence is significantly related to corporate performance. Specifically, board independence has a negative and significant impact on the performance measure return on assets (ROA). The result supports the argument that outside directors will not necessarily act in shareholders’ interest since the Chief Executive Officers (CEOs) often dominate …

Board Gender Diversity And Csr Reporting: Evidence From Jordan, Amer Al Fadli, John Sands, Greg Jones, Claire Beattie, Dom Pensiero

Australasian Accounting, Business and Finance Journal

This study investigates whether board gender diversity influences corporate social responsibility (CSR) reporting in Jordan, where there are no gender board balance regulatory requirements. Data was examined from all non-financial Jordanian listed companies for the period of 2006 to 2015. This longitudinal data results in balanced panel data of 800 observations. A content analysis method was used to obtain the reporting index of CSR disclosure in the annual reports. Ordinary least square regression showed that the presence of female directors on a board has a significantly positive effect on the level of CSR reporting. The presence of female directors on …

Information Overload In Csr Reports In China: An Exploratory Study, Danhong Wu, Sanja Pupovac

Australasian Accounting, Business and Finance Journal

This paper is an exploratory analysis of information overload in a sample of 15 Chinese companies from mining, manufacturing, finance, electricity and information technology industries. Using an adaptation of Dahlsrud’s (2008) five dimensional framework of Corporate Social Responsibility (CSR) , we develop a longitudinal core information ratio analysis. Our findings suggest that while the length of the reports increased over the ten year period, the CSR information ratio, a measure of the proportion of the report comprising CSR disclosures, did not similarly increase. We argue that the driving force behind lengthy CSR reports is coercive pressure from the government and …

2014 To 2019 In Review In The Australasian Accounting, Business And Finance Journal, Ciorstan Smark, Monir Mir

Australasian Accounting, Business and Finance Journal

2014 to 2019 AABFJ Review

Entrepreneurship For Economic And Social Empowerment Of Women: A Case Study Of A Self Help Credit Program In Nithari Village, Noida, India, Shikha Kapoor

Australasian Accounting, Business and Finance Journal

In modern times a nation cannot afford to have any of its citizens who are capable of economic development to be non-productive. However, the resource crunch, lack of skills and financial paucity leads to 75% people being unemployed. This can be elevated through interventions of Government by giving directions and purpose for their livelihood. Empowerment is the ability to gain power over oneself and take decisions over one’s life. It boosts the confidence, self-esteem, wellbeing and control over one owns life. The study explores the influence, through focus group discussions and interviews, of self-help groups, which can contribute towards economic …

Challenges Of Women Employees In The Managerial Cadre In Indian It, Civil And Electronics Industry: An Analysis, Pooja Misra, Kanika Sirohi

Australasian Accounting, Business and Finance Journal

India was ranked 120th by World Bank from a list of 131 countries as far as female workforce participation in 2017 is concerned (Venkatesh, 2017). Looking at it from a demographic level, there are only a few states which have a women workforce larger than the men workforce. The low percentage of working women is both a social and economic loss. According to a survey, it was seen that working women form an integral part of the junior management level comprising 16%, while women comprise only 4% each at the middle and senior levels and as far as organizational leadership …

Women In Modern Medicine In India: Progression, Contribution, Challenges And Empowerment, Sharad Khattar

Australasian Accounting, Business and Finance Journal

Womens’ representation in most of the professions in India was been dismally low before the country gained independence. This can be attributed to the customs and traditions which have been in vogue through the centuries. Women’s accepted role within the confines of the home and seclusion from males other than the family members were two reasons which contributed to women not being part of many professions. Medicine as a profession reflected this and thus the representation of women in medicine was insignificant in the 19th and the first half of the 20th centuries. However certain measures during the period began …

Women And Wealth: Financial Propinquity To Business Success, Nikunj Aggarwal, Harjit Singh

Australasian Accounting, Business and Finance Journal

Around the globe, women’s income and wealth are increasing as never before. Prevailing economic, demographic, and technological changes are growing women’s financial strength and independence. Be it finance, marketing, supply chain or ICT based industry, women have made incredible strides, both at professional and social fronts, particularly in the two decades. Today they are better educated, well placed and have greater accountability in the corporate world and are frontrunners in many professions. Consequently, women, particularly in developing countries like India and China have become economic powerhouses. They not only significantly contribute to GDP but also are becoming a substantial untapped …

Do Women On Boards Affect Firm's Financial Performance? Evidence From Indian Ipo Firms, Amit Kumar Singh, Shubham Singhania, Varda Sardana

Australasian Accounting, Business and Finance Journal

The objective of this paper is to study whether the presence of women on boards affects the financial performance of firms. This study builds upon other studies that have earlier tried to determine the impact of number of women directors in Indian corporates on their financial performances, in terms of market performance index, i.e. Tobin's Q. The new Companies Act, 2013 has mandated the appointment of at least one woman director in certain classes of listed companies in India as described in Section 149(1)(b), which could possibly bring about a change in the governance and thus the financial performance of …

How Gender Integration Can Reduce The Income-Inequality Gap, Ritu Srivastava, Surbhi Cheema

Australasian Accounting, Business and Finance Journal

The labour force participation rates in India stands at 27.2 % for women in comparison to 78.8% for men whereas globally, the gender gap in the labour force participation rate is 26.5% as per the report published by ILO (2017). The employment conditions are also reported to be vulnerable for the women in terms of fewer working hours; usually not by choice, access to social protection and ambiguous employment contract. Gender integration in the workforce is facilitated through developmental policies of the government such as cluster development and associated “rurbanisation” i.e. transformation of rural to urban areas. Sustainable economic growth …

Do Women On Boards Influence Climate Change Disclosures To Cdp? – Evidence From Large Indian Companies, B. Charumathi, Habeebu Rahman

Australasian Accounting, Business and Finance Journal

Participation of women on corporate boards is increasing across the globe. Corporate with women directors on their board are more likely to address the emerging strategic issues of climate change, enhance GHG emission disclosure strategy and communicate the actions to the stakeholders. According to Board Capital Theory, the presence of women on boards increases board capital breadth in different dimensions. According to Critical Mass Theory, boards with three or more female directors tend to influence the board’s decision-making process which results in more favourable environmental disclosure. Findings of earlier studies reiterate that female executives and directors bring different ethical values …

Editorial: Women In Business In India Aabfj Volume 13, Issue 2, 2019, Gurinder Singh, Bhawna Kumar, Hima Bindu Kota

Australasian Accounting, Business and Finance Journal

Volume 13, Issue 2, Special Issue, Women in Business in India.

Determinants Of Related Party Transactions In Jordan: Financial And Governance Factors, Modar Abdullatif, Mohammad Alhadab, Israa Mansour

Australasian Accounting, Business and Finance Journal

This study aims to explore the financial and governance factors that determine related party transactions (RPTs) in the developing country context of Jordan. To do so, a multiple regression model was developed and used. Results show that RPTs are negatively related with CEO-duality and board independence, while they are positively related with firm leverage, ownership concentration, board size, and audit quality. However, no statistically significant relation was found between RPTs and firm profitability or board political connections. Several of these relations (or lack of relations) are contrary to the findings of extant studies from more-developed countries, and can arguably …

Would The Singaporean Approach To Whistleblower Protection Laws Work In Australia?, John Mclaren, Wesley Kendall, Laura Rook

Australasian Accounting, Business and Finance Journal

Federal, State and Territory Governments have enacted a range of statutory laws to protect whistleblowers. The aim of these laws is to provide protection to those individuals in the private and public sector who report unlawful acts made by organizations, contractors and their employees. Provided the disclosure is made in ‘good faith’, the person making the disclosure is afforded protection from being sued for defamation, breach of confidence under their employment contract or for breach of their common law fiduciary duty. This paper has two purposes; first, the objective of the Australian Government in introducing new whistleblowing laws that extend …

Listening Skills: Accountancy Educators In Retreat?, Alan Reddrop, Gido Mapunda

Australasian Accounting, Business and Finance Journal

Purpose: to gain insight into the training received by accountancy graduates in soft skills with a major focus on listening skills; and, both, in light of findings, and impelled by the pleas of accountants’ clients, to urge educators to introduce them in curricula.

Approach: content analysis of Australian accountancy schools’ courses placed on the web followed by direct contact with schools whose Web descriptions might plausibly have indicated listening skills’ inclusion;

Findings: while the Institute of Chartered Accountants in Australia and CPA Australia required in their Professional Accounting Guidelines, 2009’ that as a condition of their accreditation higher education programs …

Supply Chain Legitimation Through Csr Reporting, Graham Bowrey, Michael Clements

Australasian Accounting, Business and Finance Journal

This conceptual paper explores the legitimating process of corporate social responsibility (CSR) reporting in relation to supply chain management. To date, the literature on CSR reporting, in relating to supply chain management, is based on individual segments within supply chains. This paper introduces a framework for the holistic evaluation of the entire supply chain CSR reporting, including the adoption of social audits as a legitimation tool. The theoretical lens of three perspectives of legitimation (structural-functionalist, social-constructionist and hegemonic) are explored as possible approaches to assess the drivers behind organisations in a supply chain reporting on their CSR performance and management. …

Earnings Management In Malaysian Companies During The Global Financial Crisis And The Coincidental Effect Of Ifrs Adoption, Abdullah Mohammed Ayedh, A. H. Fatima, Muslim Har Sani Mohammad

Australasian Accounting, Business and Finance Journal

Purpose: This research examines earnings management (EM) behavior during the 2008 financial crisis in Malaysia. Both magnitude and direction of EM are studied and compared with EM during the pre-crisis period. In the case of Malaysia, the Malaysian Accounting Standards Board (MASB) adopted the international accounting standards, i.e. the International Financial Reporting Standards (IFRS) just two years prior to the crisis period. These standards could have some influence on EM during the global financial crisis period in Malaysia, thus are also taken into consideration in this study.

Methodology: Data were collected from the Bloomberg database, and the proxy …

Editorial: Aabfj Volume 13, Issue 1, 2019, Monir Mir, Ciorstan Smark

Australasian Accounting, Business and Finance Journal

Editorial: AABFJ Volume 13, Issue 1, 2019

Implications Of Next Step Blockchain Applications For Accounting And Legal Practitioners: A Case Study, Sean Stein Smith

Australasian Accounting, Business and Finance Journal

Perceived price volatility of cryptocurrencies may distract practitioners from further developments in the blockchain space that may generate audit and other implications. As next step applications and developments are built on top of existing blockchain programming, the potential implications for both accounting and legal practitioners may be substantive. Especially as different blockchain tools and platforms become more robust and conducive for business and transactional use, the importance of being able to attest and report on this information will move closer toward the mainstream. This article discusses the rise of blockchain applications in a manner applicable for both practitioners and academics, …

Board Chairmen’S Involvement In The Nomination And Remuneration Committees And Earnings Management, Mujeeb Saif Mohsen Al-Absy, Ku Nor Izah Ku Ismail, Sitraselvi Chandren

Australasian Accounting, Business and Finance Journal

A board chairman is a very influential figure in a firm which may be dominated by an insider director, who, in some cases, is a family member. Consequently, the board chairmen (BC) may play a vital role in the firm’s output, especially when they sit on the board committees. Therefore, the current study aims to examine the influence of the BC who are also: the chairmen of the nomination committee (BCNDUAL); ordinary members of the nomination committee (BCNMEM); the chairmen of the remuneration committee (BCRDUAL); and ordinary members of the remuneration committee (BCRMEM), on the level of accrual earnings management …