International Journal of Law and Management最新文献

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Sustainability dimensions in the mission, vision and value statements of the largest corporations in Ghana: a sectoral analysis 加纳最大企业的使命、愿景和价值声明中的可持续性内容:部门分析
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-25 DOI: 10.1108/ijlma-08-2023-0169
Emmanuel Opoku Marfo, Kwame Oduro Amoako, Jones Lewis Arthur, Nicholas Yankey
{"title":"Sustainability dimensions in the mission, vision and value statements of the largest corporations in Ghana: a sectoral analysis","authors":"Emmanuel Opoku Marfo, Kwame Oduro Amoako, Jones Lewis Arthur, Nicholas Yankey","doi":"10.1108/ijlma-08-2023-0169","DOIUrl":"https://doi.org/10.1108/ijlma-08-2023-0169","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>The purpose of this paper is to compare how the various sectors among the largest companies in Ghana have incorporated sustainability into their mission, vision and value statements.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The mission, vision and value statements of the 100 largest corporations in Ghana, known as Ghana Club 100 (GC100), were extracted from the firms’ official websites. These firms were grouped into nine sectors, and the sustainability components in the mission, vision and value statements were subjected to cross tabulation and thematic contents analysis to establish the sectoral variations.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>In formulating their mission, vision and value statements, GC100 firms were more than six times likely to include economic sustainability themes than environmental sustainability themes. Even though three out of every five GC100 firms are financial institutions, the manufacturing and the extractive sectors and firms ranked 1st−20th are three times likely to incorporate all the sustainability dimensions (i.e. economic, social and environmental) into their mission, vision and value statements. Firms in the financial sector and those ranked 80th−100th were more likely not to publish either a mission, vision or value statements online.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>This study reveals the magnitude of the strategic pronouncements such as mission, vision and value statements of large firms in emerging economies and how they are aligned with sustainability. This could serve as a basis for formulating guidelines to reinforce efforts that contribute to corporate sustainability.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>Research on how large firms align sustainability into their mission, vision and value statements is not a new agenda, but fragmented in the context of the emerging economies. The novelty is that this study addresses this gap and contributes to this topic from a sectoral comparative perspective of largest organization in Ghana, an emerging economy.</p><!--/ Abstract__block -->","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141502487","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}
引用次数: 0
Corporate governance and firm risk-taking: empirical evidence from India 公司治理与公司风险承担:来自印度的经验证据
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-19 DOI: 10.1108/ijlma-01-2024-0028
Reshma Kumari Tiwari, Ratish Kumar Jha
{"title":"Corporate governance and firm risk-taking: empirical evidence from India","authors":"Reshma Kumari Tiwari, Ratish Kumar Jha","doi":"10.1108/ijlma-01-2024-0028","DOIUrl":"https://doi.org/10.1108/ijlma-01-2024-0028","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study aims to examine the impact of corporate governance (CG) on firm risk-taking in India.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The present study is based on a panel data set of 100 non-financial Indian firms randomly selected from the top 500 firms listed on the Bombay Stock Exchange. The study uses two market-based measures to capture firm risk-taking – total risk and idiosyncratic risk. Generalised method of moments model is applied to examine the relationship between CG and firm risk-taking. Additionally, the fixed-effects model is applied to check the robustness of the results.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The study reveals a significant negative impact of CG index, CEO duality, multiple directorships, promoter ownership and institutional ownership on firm risk-taking. Whereas board size, board independence, board gender diversity and the number of board meetings do not significantly impact firm risk-taking.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This study contributes to the existing literature by providing a comprehensive view of how various CG attributes shape firm risk-taking in India. It examines eight CG variables: board size, board independence, board gender diversity, CEO duality, multiple directorships, number of board meetings, promoter ownership and institutional ownership. Furthermore, the study incorporates idiosyncratic risk as an additional measure of firm risk-taking, largely overlooked in the Indian context. Moreover, to the best of the authors’ knowledge, this is the first study to examine the impact of CG index on firm risk-taking in India.</p><!--/ Abstract__block -->","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141502488","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}
引用次数: 0
Legal obligation of ESG reporting and the quality of environmental disclosure practices: the case of Moroccan listed industrial companies 环境、社会和公司治理报告的法律义务与环境信息披露实践的质量:摩洛哥上市工业公司案例
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-14 DOI: 10.1108/ijlma-12-2023-0269
Fatima Zahra Namoussi, Mariam Cherqaoui
{"title":"Legal obligation of ESG reporting and the quality of environmental disclosure practices: the case of Moroccan listed industrial companies","authors":"Fatima Zahra Namoussi, Mariam Cherqaoui","doi":"10.1108/ijlma-12-2023-0269","DOIUrl":"https://doi.org/10.1108/ijlma-12-2023-0269","url":null,"abstract":"\u0000Purpose\u0000This paper aims to examine the impact of the legal obligation for environmental, social, and governance (ESG) reporting, introduced in 2019 by the Moroccan Capital Market Authority (AMMC), on the environmental disclosure practices of industrial companies listed on the Casablanca Stock Exchange (CSE).\u0000\u0000\u0000Design/methodology/approach\u0000An analysis of the content of the ESG reports of the industrial listed companies on the CSE is carried out over the two years that frame the year of implementation of the AMMC circular, i.e. 2018 and 2020, to analyze the difference in the quality of their environmental disclosures using a conformity criterion based on the Environmental section (N°300) of the “Global Reporting Initiative (GRI)” standards.\u0000\u0000\u0000Findings\u0000The results confirm the presence of a positive effect of the legal obligation for ESG reporting on the quality of environmental reporting of Moroccan industrial listed companies. However, the degree of compliance with the GRI framework remains incomplete.\u0000\u0000\u0000Originality/value\u0000This study helps to highlight the effectiveness of regulatory measures in improving the disclosure of relevant corporate environmental reporting of listed companies. The study also provides an overview of the progress made in implementing quality environmental reporting standards, specifically the GRI framework, in a developing country, namely, Morocco.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141340882","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}
引用次数: 0
Managerial entrenchment, corporate social responsability and the moderating effect of dividend policy: empirical evidence from French listed companies 管理强化、企业社会责任和股利政策的调节作用:来自法国上市公司的经验证据
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-12 DOI: 10.1108/ijlma-04-2024-0130
Manel Gharbi, Anis Jarboui
{"title":"Managerial entrenchment, corporate social responsability and the moderating effect of dividend policy: empirical evidence from French listed companies","authors":"Manel Gharbi, Anis Jarboui","doi":"10.1108/ijlma-04-2024-0130","DOIUrl":"https://doi.org/10.1108/ijlma-04-2024-0130","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to argue the relationship between managerial entrenchment (ME), corporate social responsibility (CSR) and dividend policy (DP). Specifically, this paper aims to empirically examine the impact of DP on the relationship between ME, and CSR.\u0000\u0000\u0000Design/methodology/approach\u0000This study uses a panel data set of firms listed at France stock exchange over 2010/2021. Both the direct and moderating effects were tested by using multiple regression techniques.\u0000\u0000\u0000Findings\u0000The results show that the positive relation between CSR and ME is more pronounced in companies where they opt for a DP. However, DP moderates this positive relationship.\u0000\u0000\u0000Originality/value\u0000This study suggests the dynamic relationship between CSR and ME.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141354734","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}
引用次数: 0
The institutional logics of job localization programs in emerging markets: evidence from GCC countries 新兴市场就业本地化计划的制度逻辑:来自海湾合作委员会国家的证据
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-10 DOI: 10.1108/ijlma-08-2023-0176
Ahmed Diab
{"title":"The institutional logics of job localization programs in emerging markets: evidence from GCC countries","authors":"Ahmed Diab","doi":"10.1108/ijlma-08-2023-0176","DOIUrl":"https://doi.org/10.1108/ijlma-08-2023-0176","url":null,"abstract":"Purpose\u0000This study objective is twofold. This study aims to present an institutional analysis of the implications of job localization programs in Gulf Cooperation Council (GCC) countries, such as Saudi Arabia, United Arab Emirates and Qatar. Further, it highlights the impacts of these programs on the accounting profession.\u0000\u0000Design/methodology/approach\u0000This study is based primarily on the desktop research method, where data is collected from the review of previous studies, published data on Internet Websites and reports released by International organizations such as the United Nations. In addition, the study benefitted from conducting six interviews with government officials from GCC countries. Theoretically, this study draws upon insights from the institutional logics theory to discern higher-order institutions deriving job localization decisions in the GCC region.\u0000\u0000Findings\u0000This paper explained how job localization policies in the GCC region are informed by three central logics: economic, socio-political and professional. Despite contributing to achieving some socio-political goals for policymakers, these policies could have serious consequences for the practice of the professions and, hence, the local business environment. Besides, this paper highlighted the serious localization policies' impacts on the accounting profession, especially the quality of the workforce (accountants) and their job readiness.\u0000\u0000Practical implications\u0000This study highlights the various implications of job localization policies for locals, foreigners, public and private sector entities and governments. Besides, it has recommended some actions to mitigate the negative influences of such policies on the surrounding society.\u0000\u0000Originality/value\u0000This study contributes to the literature by following an interpretative approach in explaining the localization of the accounting profession from an institutional perspective by bringing new evidence from GCC emerging markets.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141360806","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}
引用次数: 0
Recalibrating originality for music in copyright law 重新校准版权法中的音乐原创性
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-06 DOI: 10.1108/ijlma-03-2024-0073
Jithin Saji Isaac, Asha Sundharam
{"title":"Recalibrating originality for music in copyright law","authors":"Jithin Saji Isaac, Asha Sundharam","doi":"10.1108/ijlma-03-2024-0073","DOIUrl":"https://doi.org/10.1108/ijlma-03-2024-0073","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>Though originality is a requirement for copyright protection, the term is not defined, leaving room for differing interpretations. Over the years, there has been a shift in the yardstick for determining originality. The lack of definition gives room for ambiguity and creates hurdle for protection. The difficulty in assessment of originality is more felt in certain forms of work like music, which has its own theories and limitations. Absence of determining tests creates uncertainty for the authors to draw the line between inspiration and infringement. This paper aims to define originality as applicable to each subject matter.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The methodology used is a qualitative analytical approach and draws from theories and relevant case laws.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The requirement of “originality” as laid down in the Copyright Act has to be defined with precision. The requirement of originality for different categories of subject matter encompassed within copyright law will differ and so the term should be redefined with respect to each subject matter.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This paper is an original work and canvasses for a definition of the term originality in the Copyright Act with reference to the various subject matter entitled to protection.</p><!--/ Abstract__block -->","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141252145","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}
引用次数: 0
Conditional accounting conservatism and financial flexibility: the Corona pandemic in the formation of legal claims 有条件的会计保守主义和财务灵活性:科罗娜大流行病在法律索赔中的形成
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-04 DOI: 10.1108/ijlma-09-2023-0212
Ali Asghar Mahmoodi, Mohammadreza Abdoli, Maryam Shahri, Farhad Dehdar
{"title":"Conditional accounting conservatism and financial flexibility: the Corona pandemic in the formation of legal claims","authors":"Ali Asghar Mahmoodi, Mohammadreza Abdoli, Maryam Shahri, Farhad Dehdar","doi":"10.1108/ijlma-09-2023-0212","DOIUrl":"https://doi.org/10.1108/ijlma-09-2023-0212","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>The purpose of this research is to investigate the importance and status of conditional accounting conservatism indicators and financial flexibility for the management of legal claims of the company during the outbreak of Corona.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The research method was implemented using statistical analysis in the SPSS environment. The participants of this research can be experts and specialists working in companies admitted to the stock exchange and expert professors in accounting fields; auditing; economy; financial engineering and financial management, categorized. The data related to the localization tool of research variables were collected by snowball sampling method in the summer of 2022.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>One of the main results of the research is that based on the opinions and professional experience of experts and professionals working in companies admitted to the stock exchange and academic experts, within a range of seven, “The number of legal claims of the company with electronic businesses” under the title of the main indicator in the legal claims of the company in the outbreak of Corona from the importance dimension; “Exchange rate fluctuations in financial resilience” under the title of the main indicator in financial resilience in the Corona outbreak from the functional dimension; “The number of legal claims of the company with government institutions” under the title of the main indicator in the company’s legal claims in the Corona outbreak from the functional dimension; “The company’s conservatism score” under the title of the main indicator in the conditional conservatism of accounting in the Corona outbreak from the functional dimension; “oil price fluctuations in financial resilience” under the title of the main indicator in financial resilience in the Corona outbreak from the importance dimension; and “type of industry based on total assets” under the title of the main indicator in the conditional conservatism of accounting in the Corona outbreak was calculated from the importance dimension.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>Although the previous literature has studied the direct correlation between accounting conservatism and financial flexibility, this work focuses on examining the direct association between accounting conservatism and financial flexibility in the post-Corona era and is carried out to resolve legal claims.</p><!--/ Abstract__block -->","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141252247","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}
引用次数: 0
Land tenure conflicts in forest areas: obstacles to rejuvenation of small-scale oil palm plantations in Indonesia 林区土地保有权冲突:印度尼西亚小规模油棕榈种植园复兴的障碍
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-04 DOI: 10.1108/ijlma-09-2023-0216
Riyadi Mustofa, Almasdi Syahza, Gulat Mendali Emas Manurung, Besri Nasrul, Rino Afrino, Eko Jaya Siallagan
{"title":"Land tenure conflicts in forest areas: obstacles to rejuvenation of small-scale oil palm plantations in Indonesia","authors":"Riyadi Mustofa, Almasdi Syahza, Gulat Mendali Emas Manurung, Besri Nasrul, Rino Afrino, Eko Jaya Siallagan","doi":"10.1108/ijlma-09-2023-0216","DOIUrl":"https://doi.org/10.1108/ijlma-09-2023-0216","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study aims to investigate the problems small-scale oil palm plantations in Indonesia’s forest areas face and the government policies addressing them.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>Survey and data collection were used to determine the socioeconomic, environmental, legal and governance problems related to the development of smallholder plantations. Information was obtained from the respondents via a rapid rural appraisal approach.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The potential land for potential participants in the community oil palm rejuvenation programme is a forest area of 1,628,749.60 ha. Owing to its legal dimensions and unsustainable land management, the rejuvenation regulatory programme has not reached independent farmers.</p><!--/ Abstract__block -->\u0000<h3>Research limitations/implications</h3>\u0000<p>The use of plantation space beyond its designation hinders the government’s goal of accelerating the rejuvenation programme. The problems regarding the accumulation of forest area result in low achievement of the annual rejuvenation target in Riau Province (21%–25%). The authors present solutions to resolve land ownership conflicts and implement strategic policies to ensure the sustainable development of such plantations.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>The authors introduce a conflict–resolution model for small-scale smallholder oil palm plantations to resolve the problems of forest area claims unaddressed in the Indonesian Job Creation Law. Land conflict resolution is categorised into five typologies: oil palm plantations with business permits; those without a forestry permit and subject to administrative sanctions; business activities in forest areas without forestry permits; resolving non-conformities in the progress of land or management controlled and used in forest areas prior to their designation by removing land parcels through modifying the forest area boundaries; and the settlement for farmers without cultivation registration certificates but have established plantations and whose land tenure can be proven.</p><!--/ Abstract__block -->","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141252283","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}
引用次数: 0
Cultivating workplace fairness: the ripple effect of organizational justice on work withdrawal, incivility as the mediator 培养工作场所的公平性:组织公正对工作退出的涟漪效应,以不文明行为为中介
IF 1.5
International Journal of Law and Management Pub Date : 2024-06-03 DOI: 10.1108/ijlma-03-2024-0080
Supriya Gupta, Ranjana Sharma, Aditi Gupta
{"title":"Cultivating workplace fairness: the ripple effect of organizational justice on work withdrawal, incivility as the mediator","authors":"Supriya Gupta, Ranjana Sharma, Aditi Gupta","doi":"10.1108/ijlma-03-2024-0080","DOIUrl":"https://doi.org/10.1108/ijlma-03-2024-0080","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>The purpose of this study is to examine the influence of employees' perceptions of organizational justice on workplace incivility and work withdrawal behaviours within the hotel industry. Additionally, the study aims to explore the mediating role of incivility in the relationship between organizational justice and work withdrawal behaviour.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>Data for this study were collected from 213 employees in the hotel industry using a structured questionnaire. The collected data were then analysed using structural equation modelling (SEM) technique, allowing for a comprehensive examination of the relationships between organizational justice, incivility and work withdrawal behaviour.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The study reveals that perceptions of organizational justice directly impact workplace incivility and indirectly affect work withdrawal behaviour. Specifically, low perceptions of organizational justice are associated with increased incidences of uncivil behaviour among employees, which, in turn, have detrimental effects on their work withdrawal behaviours.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This study contributes to the existing literature by shedding light on the intricate relationships between organizational justice, workplace incivility and work withdrawal behaviour within the hotel industry context. Moreover, it highlights the importance of addressing both organizational justice perceptions and incivility to foster positive employee outcomes and organizational well-being, particularly in environments characterized by changing contextual conditions.</p><!--/ Abstract__block -->","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141192427","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}
引用次数: 0
Reforms required for Shariah screening of equities using the case study of Dow Jones Islamic market index (DJIMI) 利用道琼斯伊斯兰市场指数(DJIMI)案例研究对股票进行伊斯兰教法筛选所需的改革
IF 1.5
International Journal of Law and Management Pub Date : 2024-05-31 DOI: 10.1108/ijlma-08-2023-0171
Rizwan Malik, Humayon Dar, Aishath Muneeza
{"title":"Reforms required for Shariah screening of equities using the case study of Dow Jones Islamic market index (DJIMI)","authors":"Rizwan Malik, Humayon Dar, Aishath Muneeza","doi":"10.1108/ijlma-08-2023-0171","DOIUrl":"https://doi.org/10.1108/ijlma-08-2023-0171","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>There is no uniform methodology adopted worldwide for Shariah equity screening. The purpose of this research paper is to suggest reforms required to improve Shariah screening methodologies used for equities using Dow Jones Islamic Market Index, which is the world’s first such methodology adopted.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>This research uses a qualitative research methodology that goes beyond analysing secondary data on the subject matter. It includes conducting semi-structured interviews with selected subject matter experts to gain insights into the practical issues associated with existing Shariah screening methodologies. The aim is to identify areas for potential reforms that can be implemented in the future. By combining secondary data analysis with first-hand perspectives from experts, this research provides a comprehensive understanding of the challenges and opportunities in Shariah screening, contributing to the development of practical and effective reforms.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The study recommends the inclusion of additional filters in Shariah screening methodologies to promote stocks that are not only Shariah-compliant but also socially responsible. It suggests that while a certain level of Shariah non-compliance threshold may be tolerated during the initial screening stage, over time, this accepted threshold should gradually decrease. The ultimate goal is to achieve 0% thresholds for Shariah-compliant equities. By advocating for stricter criteria and a progressive reduction in non-compliance tolerance, the study highlights the importance of continuously improving and refining Shariah screening practices to ensure higher levels of compliance and alignment with Shariah principles.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>It is anticipated that the findings of this research provides original insights and contributions to existing knowledge. It offers novel perspectives, innovative approaches and solutions to address specific areas in need of reform. By focusing on enhancing the effectiveness and standardisation of Shariah-compliant investment practices, the research brings fresh perspectives and adds value to the field. Its unique contribution lies in identifying and addressing emerging challenges and proposing improvements in Shariah screening methodologies.</p><!--/ Abstract__block -->","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2024-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141192311","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}
引用次数: 0
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