International Journal of Accounting and Business Finance最新文献

{"title":"Modern Management Accounting Practices: Effect on Management Accounting System Performance of Listed Manufacturing Sector Organisations in Sri Lanka","authors":"H. A. L. C. Gunawansha","doi":"10.4038/ijabf.v7i0.111","DOIUrl":"https://doi.org/10.4038/ijabf.v7i0.111","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115553656","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The impact of financial literacy on business performance in small and medium enterprises: evidence from Kegalle District in Sri Lanka","authors":"R. Kumari, D. Dissanayake, N. Deshika","doi":"10.4038/ijabf.v7i2.95","DOIUrl":"https://doi.org/10.4038/ijabf.v7i2.95","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120935198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Exchange Rate Fluctuation and the Stock Return of Listed Multinational Companies in Sri Lanka","authors":"K. L. A. Sandamini, H. Jeewanthi, M. Indrani","doi":"10.4038/ijabf.v7i0.110","DOIUrl":"https://doi.org/10.4038/ijabf.v7i0.110","url":null,"abstract":"According to the availability of resources, countries make the choice between production, export, and import, and they usually attempt to gain competitive advantages through foreign trade activities. Thus, internationally active firms have to face the currency fluctuation risk frequently and disclose the foreign currency gains and losses during the year in their financial statements. Though the literature provides empirical evidence on the impact of exchange rate fluctuation on stock return in foreign countries, studies about the Sri Lankan context are limited. This study, following a quantitative research approach, investigates the relationship between the exchange rate fluctuation and the stock return based on secondary data from selected 31 listed multinational companies in Sri Lanka for the period from 2010 to 2020. ‘Exchange rate fluctuation’ and ‘stock return’ are measured using the change in the trade-weighted exchange rate, and stock prices plus dividends respectively. Market portfolio rate of return (MPRR) and inflation rate are used as control variables. By applying panel regression analysis, findings reveal a significant negative relationship between stock returns and trade-weighted exchange rate (TWER). However, control variables (MPRR and the inflation rate) show divergent results with the stock return. Accordingly, the market portfolio rate of return shows a significant positive relationship with the stock return. Contrary to MPRR, there is a significant negative relationship between inflation rate and stock return. Thus, as a fresh study conducted in the Sri Lankan context, these findings reveal that high variations in the exchange rate could lead to uncertain stock returns whereas increased exchange rates and inflations rates reduce firms’ market-based performance in terms of stock returns. These findings provide insights and directions towards introducing and regulating policies connected with the exchange rate to mitigate the abrupt impacts of exchange rate fluctuations on individual firms and the economy. Accordingly, the findings of this study would be beneficial for policymakers in taking policy decisions for promoting the international trade of the country while regulating exchange rate and monetary policies.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116754248","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Association between government expenditure and economic growth: metatrend analysis based on text mining","authors":"P. Misra","doi":"10.4038/ijabf.v7i2.102","DOIUrl":"https://doi.org/10.4038/ijabf.v7i2.102","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132093865","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Awareness and Adoption of Cloud Accounting in Small and Medium Enterprises in Sri Lanka: A Comparative Analysis of Before and After Covid-19 Pandemic","authors":"P. Elayanathan, K. Kalainathan","doi":"10.4038/ijabf.v7i0.107","DOIUrl":"https://doi.org/10.4038/ijabf.v7i0.107","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"226 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130798996","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The impact of IFRS adoption on financial ratios: evidence from listed manufacturing companies in Sri Lanka","authors":"R. Rajapaksha, M. Kawshalya","doi":"10.4038/ijabf.v7i2.94","DOIUrl":"https://doi.org/10.4038/ijabf.v7i2.94","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"84 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123356740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The intervening effect of entrepreneurial orientation on the nexus between entrepreneurial motivation and self-employment intention: an evidence from Sri Lankan engineering graduates","authors":"N. Jasintha","doi":"10.4038/ijabf.v7i2.101","DOIUrl":"https://doi.org/10.4038/ijabf.v7i2.101","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123747028","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Big Data and Big Data Analytics in External Auditing: Motivations and Challenges","authors":"M. C. D. Perera, A. W. J. C. Abeygunasekera","doi":"10.4038/ijabf.v7i0.105","DOIUrl":"https://doi.org/10.4038/ijabf.v7i0.105","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"196 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114302066","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Firm specific characteristics and voluntary disclosure: evidence from a developing country","authors":"A. Lakshan, W. Wijekoon, C. S. Herath","doi":"10.4038/ijabf.v7i2.100","DOIUrl":"https://doi.org/10.4038/ijabf.v7i2.100","url":null,"abstract":"","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"156 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131472940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Macroeconomic Variables and Gross Domestic Product: Evidence from Sri Lanka","authors":"L. Kengatharan, D. Suganya, R. Yogendrarajah","doi":"10.4038/ijabf.v7i0.106","DOIUrl":"https://doi.org/10.4038/ijabf.v7i0.106","url":null,"abstract":"The main objective of the study is to investigate the empirical relationship between macroeconomic variables and real gross domestic product (GDP) in Sri Lanka. Exchange rate, government spending, interest rate, money supply and unemployment rate were considered as selected macroeconomic variables. real GDP was considered as a dependent variable. The current study used annual time series data over the period from 1990 to 2019 which were collected from the annual reports of the Central Bank of Sri Lanka. Stationary of the data was tested using the Augmented Dickey-Fuller test. Johansen co-integration rank test, max Eigen value test, Vector Error Correction along with Wald causality test were used to estimate the relationship between macroeconomic variables and GDP. At the 5% level of significance, the co-integration rank test and max Eigen value test revealed that there are four co-integration equations exist in this study. Therefore, it was concluded that selected macroeconomic variables have long-run impact on GDP. Likewise VEC and Wald test revealed that the all the selected macroeconomic variables causes GDP in the short run. The results support the theoretical prediction that macroeconomic variables would play an active role in GDP. The study, therefore, concludes that macroeconomic variables are driving GDP in Sri Lanka. Thus, growth-oriented macroeconomic policies should be established for protecting poor people in the country.","PeriodicalId":198654,"journal":{"name":"International Journal of Accounting and Business Finance","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128643939","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}