AJAR Asian Journal of Accounting Research最新文献

{"title":"The sustainability awareness of banking institutions in Indonesia, its implication on profitability by the mediating role of operational efficiency","authors":"Idrianita Anis, Lindawati Gani, Hasan Fauzi, A. Hermawan, D. Adhariani","doi":"10.1108/ajar-06-2022-0179","DOIUrl":"https://doi.org/10.1108/ajar-06-2022-0179","url":null,"abstract":"PurposeThis study aims to propose a solution to accelerate financing support low carbon (circular economy) transition. The authors developed a sustainability governance (SGOV) model and a sustainability governance (SGOV) index as a proxy for the diffusion of sustainability innovation. This study investigates the effect of SGOV practices on profitability with the mediating role of operational efficiency.Design/methodology/approachThe SGOV index consists of 32 and 122 sub-items, constructed using content analysis of annual and sustainability reports published by banks listed on the Indonesia Stock Exchange (IDX) from 2010 to 2020 (404 bank-year observations).FindingsBanks are at a moderate level of sustainability innovation. They are prioritizing the balance aspects of financial, social and environmental. SGOV practice negatively affects profitability. However, operational efficiency plays a positive mediating role that is robust.Research limitations/implicationsThe measurement of the SGOV index uses criteria that have not been tested in previous studies. There is the potential subjectivity in interpreting qualitative data, although this has been minimized by cross-checking the analysis of five raters.Practical implicationsThis study gives feedback for the Indonesia sustainable finance (SF) journey phase I to proceed into SF journey phase II.Social implicationsThe SGOV model can be applied in other industry sectors to know the readiness for entering low carbon (circular economy) transition.Originality/valueThe uniqueness of the scoring technique assuming a step-by-step innovation model to sustainable finance.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49474753","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 Micro Communication Mechanism and Characteristics of Health Rumors among the Elderly Group——Take WeChat Official Account as an Example","authors":"Huang Jun","doi":"10.22158/jar.v7n2p12","DOIUrl":"https://doi.org/10.22158/jar.v7n2p12","url":null,"abstract":"The high-frequency spread of health rumors among the elderly in the WeChat field has become a prominent social problem. In order to better control rumor, it is necessary to clarify its micro dissemination mechanism. The paper relies on the MOA theoretical framework to clarify the motivational factors, opportunity factors, and ability factors of the spread of health rumors among the elderly people, and uses interview methods to study the micro dissemination mechanism of health rumors. Research has found that the spread of health rumors among elderly people mainly follows the path of “getting health rumors ? health rumors diffusing within peer groups ? health rumors overflowing from the circle of elderly people ? family members contained”, and forms a “Four Point Dissemination” mechanism that connects peer groups and primary groups, including origin, nodes, fulcrums, and endpoints. From the perspective of communication characteristics, the spread of health rumors has a strong closeness, inter-generational, and situational nature, presenting a double-layer communication structure that intersects within the circle and connects outside the circle, and has a prominent Pareto effect.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":"21 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85179681","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":"Comparing Labor Productivity of Vietnam to Some Asian Countries","authors":"Le Cao Thang, Duong Thi Thanh Xuan, Hoang Thanh Xuan","doi":"10.22158/jar.v7n2p1","DOIUrl":"https://doi.org/10.22158/jar.v7n2p1","url":null,"abstract":"In Vietnam, social labor productivity is an indicator of the National Statistical Indicator System (specified in the Law on Statistics), which is calculated by the average GDP per employed worker per year. Research results show that in the 2016-2020 period, labor productivity of the whole economy has improved markedly, with an average increase of 5.78%/year in the 2016-2020 period. However, Vietnam’s labor productivity still has internal limitations that have not been overcome. In comparison with selected Asian countries, Vietnam’s labor productivity has a low absolute value despite its relatively high growth since 1991. In most of the sectors compared, it is basically at the lowest level. As a result, proposing solutions to improve and enhance labor productivity aimed at promoting sustainable economic growth in Vietnam in the coming time is an urgent issue for the development of the country.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":"73 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88133940","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 investment behavior of politically connected firms in Indonesia","authors":"J. Joni, M. Natalia, Leliana Leliana","doi":"10.1108/ajar-12-2022-0416","DOIUrl":"https://doi.org/10.1108/ajar-12-2022-0416","url":null,"abstract":"PurposeThe authors examine the effect of the politically connected supervisory board (PV_SVP) on corporate investment behavior in Indonesia in the period of 2015–2019.Design/methodology/approachThe authors use Indonesian listing companies as our sample. Ordinary Least Squares regression is applied to investigate this association. Also, the authors address the endogeneity problem by using the generalized method of moments.FindingsThe authors find that firms with political connections through Supervisory Boards (SBs) are negatively significantly associated with corporate investment. Our results are robust to alternative measures and to test for endogeneity.Research limitations/implicationsThe authors contribute to prior research by showing empirical findings on the investment behavior of politically connected firms using an emerging economy context, Indonesia, which has a unique political landscape. The authors offer practical implications for practitioners and policymakers, such as improving the corporate governance system and promoting better investment opportunities by establishing a transparent and competitive environment.Originality/valueOur study differs from other studies due to different corporate governance and political connection settings. While most prior studies examine the investment behavior of politically connected firms using the Chinese context, the authors use Indonesia which has different political and governance landscapes. Indonesia applies a two-tier board system that promotes the strategic role of the political supervisory board.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43196694","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":"Gender heterogeneity in the boardroom and corporate sustainability performance of quoted manufacturing firms in Nigeria","authors":"C. Egbunike, I. Igbinovia, Chinyere Patricia Oranefo, Agbonrha-Oghoye Imas Iyoha","doi":"10.1108/ajar-01-2022-0014","DOIUrl":"https://doi.org/10.1108/ajar-01-2022-0014","url":null,"abstract":"PurposePrior studies have shown that heterogeneity plays a crucial role in addressing soft issues linked to a firm’s corporate social responsibility stance. The purpose of this paper is to extend the prior literature on the effect of gender heterogeneity on environmental, social and economic performance dimensions, specifically, whether the female boardroom presence weakens or strengthens the performance along the three dimensions, commonly referred to as the corporate sustainability.Design/methodology/approachThe study from a positivist philosophy adopts a quantitative approach, and the final sample consisted of forty-six companies listed on the Nigerian Stock Exchange for the year 2011–2018. The final sample was a balanced panel of 344 firm years. The dependent variables were return on assets (ROA), environmental performance (ENV) and donations made for social causes (SOP). The ENV was measured using a content scoring system, with range of 1 to 5. The data were analysed using the fixed effects and GLM regression models. To further address the issue of endogeneity, a two-stage least squares regression was conducted.FindingsThe findings show a positive relationship between gender heterogeneity and ROA, which was also confirmed for the environmental performance index. However, the sign reversed in the SOP model and showed a negative relationship between gender heterogeneity and donations, the proxy for SOP. The results are in tandem with the stakeholder axioms that argue that commitment to other stakeholder groups strengthens firm performance in the long run.Research limitations/implicationsAn implication of this study is the fact that information availability has been rapidly escalating in the country, leading to rising social movements and civic unrest; therefore, corporations that face negative castigations may pay the huge price of product boycott and loss of market value.Originality/valueThe findings of this study provide additional insight into the influence of female boardroom presence on the environmental, social and economic performance of firms. The findings suggest the relevance of the resource dependence theory, especially from a developing country context, to ensure an improved corporate governance structure in Nigerian manufacturing firms.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49322878","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":"COVID-19 outbreak and earnings management practice: case of Tunisia","authors":"Riadh Garfatta, Mouna Hamza, Imen Zorgati","doi":"10.1108/ajar-04-2022-0129","DOIUrl":"https://doi.org/10.1108/ajar-04-2022-0129","url":null,"abstract":"PurposeThis article attempts to investigate the impact of COVID-19 outbreak on the earnings management (EM) for listed Tunisian companies.Design/methodology/approachThe study focuses on both accrual-based and real EM (REM) practices. With panel data, the authors employ the multiple regression approach and the generalized least squares (GLS) estimate method. The sample is made up of 41 listed companies observed from the first half of 2016 to the second half of 2020.FindingsThis study finds that, during the pandemic period, Tunisian firms use decreasing income discretionary accruals. Also, with regard to REM, the COVID-19 variable displays a negative response coefficient but of lesser magnitude.Research limitations/implicationsThis study's findings can help Tunisian authorities, listed companies and market investors to better understand EM practices during a negative shock and to better understand the various internal and external factors influencing the quality of financial reporting. These findings may contribute, also, significant EM implications for scholars interested in other emerging markets. As limitations, the authors point out mainly to the small sample size used in this study and that the authors used a single model, namely the modified Jones model (1995), to measure the accounting EM. Also, the authors used a binary variable as a proxy for the COVID- 19 pandemic.Originality/valueTo the best of authors’ knowledge, it is the first in Tunisia, if not in Africa, to examine the impact of the COVID-19 pandemic on EM practices. Second, this study builds on previous work by examining both the accrual-based EM and the REM.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42277033","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 association between audit firm attributes and key audit matters readability","authors":"Norazian Hussin, Mohd Fairuz Md. Salleh, Azlina Ahmad, Mohd Mohid Rahmat","doi":"10.1108/ajar-10-2022-0317","DOIUrl":"https://doi.org/10.1108/ajar-10-2022-0317","url":null,"abstract":"PurposeThis study aims to examine the relationship between the attributes of audit firms (Big 4, audit fees, busy season, audit firm tenure and audit partner gender) and the impact of these attributes on key audit matters (KAM) readability in Malaysia.Design/methodology/approachThe auditor's reports and financial data were analysed from a sample of FTSE 100 Malaysia-listed companies for the fiscal years 2017–2019, consisting of 258 observations. Panel regression analyses were conducted to evaluate the possible associations between audit firm attributes and KAM readability. The Flesch reading ease score and Coleman–Liau index were applied to measure KAM readability.FindingsThe findings show that female audit partners significantly impact KAM readability; further analysis also revealed that companies audited by Big 4 audit firms and higher audit fees tend to report a more readable KAM disclosure in the FTSE 100 in Malaysia.Originality/valueThe regression results provide empirical evidence of the influence of audit firm attributes on KAM readability. This study also examined important corporate governance players, such as external auditors and those charged with governance, who form the audit committee's qualities when analysing the determinants of KAM reporting variations in Malaysia.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41821981","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":"Financial distress and tax avoidance: the moderating effect of the COVID-19 pandemic","authors":"A. Ariff, Wan Adibah Wan Ismail, K. A. Kamarudin, Mohd Taufik Mohd Suffian","doi":"10.1108/ajar-10-2022-0347","DOIUrl":"https://doi.org/10.1108/ajar-10-2022-0347","url":null,"abstract":"PurposeThis paper examines whether financial distress is associated with tax avoidance and whether the COVID-19 pandemic moderates such association.Design/methodology/approachThe sample covers 38,958 firm-year observations from 32 countries during the period 2015–2020. Financial distress is measured using the ZSCORE by Altman (1968), while tax avoidance is based on the book-tax difference.FindingsFinancially distressed firms exhibit low tax avoidance pre- and during the pandemic periods. The authors find higher tax avoidance during the pandemic compared to the pre-pandemic period, but the pandemic enhances the negative relationship between financial distress and tax avoidance.Research limitations/implicationsThe study offers evidence on how financial distress drives firms to engage in more tax avoidance when firms globally encountered various levels of financial difficulty sparked by the economic challenges of the COVID-19 pandemic.Practical implicationsThe findings provide insights to policymakers on the need to monitor and incentivise financially distressed firms, especially during economic challenges due to pandemic.Originality/valueThis study adds to the limited, albeit important, evidence on the joint effect of the COVID-19 pandemic and financial distress on tax avoidance.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46445255","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 effect of hashrate, transaction volume, social media and macroeconomics on Bitcoin before and during the COVID-19 pandemic","authors":"Yen Sun, C. Amanda, Berty Caroline Centana","doi":"10.1108/ajar-10-2022-0319","DOIUrl":"https://doi.org/10.1108/ajar-10-2022-0319","url":null,"abstract":"PurposeThis research aims to determine the factors that affected Bitcoin price return in the period before and during the COVID-19 pandemic.Design/methodology/approachThe independent variables used in this study are hashrate, transaction volume, social media and some macroeconomics variables. The data are processed using the vector error correction model (VECM) to determine the short-term and long-term relationships between variables.FindingsThe research shows that (1) Twitter and Gold significantly affected Bitcoin in the short term before the COVID-19 pandemic; (2) hashrate, transaction volume, Twitter and the financial stress index had a significant effect on Bitcoin in the long term before the COVID-19 pandemic; (3) the volatility index had a significant effect on Bitcoin in the short term during the COVID-19 pandemic; and (4) hashrate, transaction volume, Twitter and CHF/USD had a significant effect on Bitcoin in the long term during the COVID-19 pandemic.Research limitations/implicationsThis research provides explanation about factors affecting Bitcoin so investors and regulators can pay more attention and prepare for the potential risks as well as to get a good understanding of market conditions for greater crypto adoption in the future.Originality/valueThe novelty in this study is the various factors driving the Bitcoin price were analyzed before and during the COVID-19 pandemic including the social media, as sentiment, interestingly, is being a predictive power for Bitcoin price return.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44710984","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":"A Comparison of Contemporary Filial Piety in Rural and Non-Rural China and Taiwan","authors":"Li Ping Su, Richard B Miller","doi":"10.22158/jar.v7n1p62","DOIUrl":"https://doi.org/10.22158/jar.v7n1p62","url":null,"abstract":"Research has found that filial piety remains strong in Chinese societies, despite dramatic social and economic changes. However, little is known about differences in filial piety between rural and nonrural regions of China and Taiwan, as well as gender differences in filial piety. Using data from the 2006 East Asia Social Survey, results indicated that there were no differences in attitudes about filial piety and attitudes of financial support between rural and nonrural regions in China and Taiwan, as well between adult men and women. Caregiving for elderly parents was more common in rural China, compared to nonrural China, and men in rural China were more likely to be engaged than rural women in caregiving. There were no other differences in reports of caregiving. Overall, the results suggest a lessening of gender differences and rural vs. nonrural differences in filial piety in China and Taiwan.","PeriodicalId":33161,"journal":{"name":"AJAR Asian Journal of Accounting Research","volume":"52 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91266778","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}