British Accounting Review最新文献_第10页

Economic policy uncertainty and corporate social responsibility disclosure similarity: Evidence from China 经济政策的不确定性与企业社会责任信息披露的相似性：来自中国的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2023.101305

Xingnan Xue , Liwen Wang , Nan Hu

引用次数: 0

Human capital in the financial sector and corporate innovation: Evidence from China 金融业的人力资本与企业创新：来自中国的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2024.101370

Guanchun Liu , Feng He , Chengsi Zhang , Saeed Akbar , Youwei Li

{"title":"Human capital in the financial sector and corporate innovation: Evidence from China","authors":"Guanchun Liu , Feng He , Chengsi Zhang , Saeed Akbar , Youwei Li","doi":"10.1016/j.bar.2024.101370","DOIUrl":"10.1016/j.bar.2024.101370","url":null,"abstract":"<div><div>This paper investigates how human capital<span><span><span> in the financial sector affects corporate innovation. Based on China's National Economic Census in 2008, we construct a measure of the financial sector's human capital across prefecture-level cities and then match the data with nonfinancial listed firms over 2009–2017. We find that human capital in the financial sector plays a significant and positive role in firms' patent quantity and quality; this effect is more pronounced for firms with higher R&D intensity, more serious financial constraints, lower industry competition and those located in regions with lower bank density and lower marketization levels. Furthermore, the mechanism tests show that debt issuance and R&D investment increase as more highly educated workers flow into the financial sector, while the cost of debt and the cash flow sensitivity of fixed assets investment decrease, consistent with the </span>credit constraints channel. Our findings argue that increasing human capital in the financial sector does not impede corporate innovation but strengthens corporate innovation by reducing the </span>information asymmetry between the financial and productive sectors.</span></div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101370"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140279340","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Accounting and reporting for facing multiple values in meso-level hybrid organisations 中层混合组织面对多重价值的会计与报告

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2023.101278

Renata Paola Dameri , Clara Benevolo , Paola Demartini

{"title":"Accounting and reporting for facing multiple values in meso-level hybrid organisations","authors":"Renata Paola Dameri , Clara Benevolo , Paola Demartini","doi":"10.1016/j.bar.2023.101278","DOIUrl":"10.1016/j.bar.2023.101278","url":null,"abstract":"<div><div>This work examines a new form of second-level hybrid, Meso-Level Hybrid Organisations (MLHOs), which do not generate an entity with a legal form or boundaries and are composed by a set of members in the organisational field, linked by multiple relationships and engaged in solving complex problems that require both public and private efforts. Our research interest is in the role that accounting and reporting systems can play in these hybrids, which do not have to comply with mandatory accounting requirements but have to respond to information pressures from their internal and external stakeholders, having different institutional logics and conflicting values and goals. By interpreting accounting and reporting as boundary objects through which value work can be enacted, the research highlights the role that accountants play in recomposing multiple values through participatory processes of designing and implementing an accounting and reporting system. A case study narrated through the discursive lens of ‘mixing, compromising and legitimising mechanisms of value creation among hybrids' shows how the design of a voluntary reporting system can, under certain conditions, strengthen an MHLO. Our findings show that a tailored accounting system can counteract the centrifugal and disruptive forces inherent in these forms of hybrid settings.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101278"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S089083892300135X/pdfft?md5=9f356542a7307c0ee1337080e446fe58&pid=1-s2.0-S089083892300135X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135669209","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Hybrid board governance: Exploring the challenges in implementing social impact measurements 混合董事会治理：探索实施社会影响衡量的挑战

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2024.101359

Anup Banerjee , Martin Carlsson-Wall , Mattias Nordqvist

{"title":"Hybrid board governance: Exploring the challenges in implementing social impact measurements","authors":"Anup Banerjee , Martin Carlsson-Wall , Mattias Nordqvist","doi":"10.1016/j.bar.2024.101359","DOIUrl":"10.1016/j.bar.2024.101359","url":null,"abstract":"<div><div>This paper focuses on hybrid board governance and the challenges faced by the board of directors when implementing social impact measurements. Interviews with 36 board chairs and general secretaries in social hybrids in Sweden show that while boards support social impact measurements, they face obstacles in implementing them. Drawing on the institutional logics framework, we identify three main reasons for these implementation problems. First, amid field level regulations focusing on cost efficiency, boards find it difficult to switch to a social impact that lacks a single metric that can be measured annually. Second, board members struggle to find sufficient time when they serve on a pro bono basis, and it is difficult to hold them accountable when limited progress occurs. Finally, acknowledging board practice variation, we highlight the need to distinguish between “beneficiary-driven” and “membership-driven” social hybrids. In the former, boards face the challenge of operationalizing the long-term benefits for end beneficiaries; in the latter, interactions with members are so operationally focused that boards struggle to maintain a long-term agenda for implementing social impact measurement. Given these challenges, we propose that future research should explicitly incorporate the board level in theorizing how hybrid organizations manage institutional logics and performance measurement.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101359"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924000982/pdfft?md5=e96484354bf6116ab57d276cb6513f3a&pid=1-s2.0-S0890838924000982-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140053619","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Researching the accounting-state-market dynamic in China: A literature review and research agenda 中国会计-国家-市场动态研究：文献综述与研究议程

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2024.101444

Wai Fong Chua , Narisa Tianjing Dai , Zhiyuan (Simon) Tan , Lichen Yu

{"title":"Researching the accounting-state-market dynamic in China: A literature review and research agenda","authors":"Wai Fong Chua , Narisa Tianjing Dai , Zhiyuan (Simon) Tan , Lichen Yu","doi":"10.1016/j.bar.2024.101444","DOIUrl":"10.1016/j.bar.2024.101444","url":null,"abstract":"<div><div>Accounting has long been studied as a social and institutional practice structured by the actions of state agencies and market forces. Such studies are increasingly conducted in non-Western jurisdictions. This paper presents a review of extant studies investigating the dynamic connections among accounting, state agencies, and markets in modern China. Our aim is to critically evaluate extant literature, synthesize its insights, and open up new research avenues. We examine 92 accounting studies, which have been inductively classified into three distinctive thematic clusters. In so doing, three major features of current research are identified: first, an emphasis on the inexorable power of Chinese state agencies; second, a focus on national relations among accounting, state, and market; and third, a lack of attention to how accounting functions in specific local settings. Consequently, key research opportunities lie in (a) deeper theorization of the hybridity of China's state-market mix, (b) analysis of the local-global networks in which hybridity circulates and is manifested, and (c) contemporary studies of accounting in action in a Chinese context.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101444"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924002087/pdfft?md5=29eb611927ad3e897120a22513671c66&pid=1-s2.0-S0890838924002087-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141840623","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Family business origin and investment preference: An empirical study of imprinting theory 家族企业起源与投资偏好：印记理论的实证研究

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2023.101273

Chen Cheng , Suge Zhang , Guanchun Liu

{"title":"Family business origin and investment preference: An empirical study of imprinting theory","authors":"Chen Cheng , Suge Zhang , Guanchun Liu","doi":"10.1016/j.bar.2023.101273","DOIUrl":"10.1016/j.bar.2023.101273","url":null,"abstract":"<div><div><span>Family businesses in China differ acutely with respect to their historical origins. The initial institutional differences based on their origins affect investment behavior, which then impacts on the real economy. This paper investigates how the origins of family businesses affect their investment preferences. Using data on Chinese family firms for the period 2009–2021, we find that family businesses restructured by state-owned enterprises (SOEs) make more financial investments than those established through entrepreneurial activities. The period during which the business is under the control of the founding family and intergenerational succession moderates the differences in investment preferences between restructured and entrepreneurial family businesses, while the time of being as an SOE can strengthen the differences. Mechanism tests demonstrate that restructured family firms (RFFs) participate in less risky activities than entrepreneurial family firms (EFFs), suggesting that preference imprinting contributes to divergent investments. Such a divergence is unlikely to be driven by differences in entrepreneurship, agency costs, or resource endowments. Following robustness tests and after overcoming </span>endogeneity problems, our results remain conclusive. Overall, this study demonstrates that a business’s risk propensity during its founding phase has a long-term impact on future preferences.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101273"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135515189","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Accounting and accountability for managing diversity tensions in hybrid organisations 混合型组织中管理多样性紧张局势的会计和问责制

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2024.101470

Giuseppe Grossi , Aziza Laguecir , Laurence Ferry , Basil Tucker

{"title":"Accounting and accountability for managing diversity tensions in hybrid organisations","authors":"Giuseppe Grossi , Aziza Laguecir , Laurence Ferry , Basil Tucker","doi":"10.1016/j.bar.2024.101470","DOIUrl":"10.1016/j.bar.2024.101470","url":null,"abstract":"<div><div>Hybrid organisations are organisational forms that use different resources, governance models and institutional logics derived from public, private, for-profit and nonprofit. Hybridity can be referred to on multiple levels of analysis: macro-level related to the society, meso-level related to specific organisational fields or organisations, or micro-level related to groups or individual actors. This paper provides a comprehensive comment on the state of research on accounting and accountability themes in hybrid organisations. The paper also locates the articles included in this special section, identifying avenues for further research. The state of research in hybrid organisations shows that a growing number of studies focus on accounting and accountability practices in different types of hybrid organisations operating in different fields. This paper identifies diversity tensions in accounting and accountability for single hybrid organisations or networks operating at different levels, compromising multiple values and expectations of audiences/forums. The six articles in the special setion fill this gap in addressing questions of for who, for what, and where by exploring the multiple actors, values and forums involved in accounting and accountability practices in hybrid organisations.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101470"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924002348/pdfft?md5=83086317f4a2cbe7231cb5ce39975c68&pid=1-s2.0-S0890838924002348-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142100789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Exporting corporate social responsibility: Evidence from foreign bank entry 输出企业社会责任:来自外资银行的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2023.101236

Yanyan Shen , Xiaojia Zheng

引用次数: 0

Stock exchange oversight and investor quotes: Evidence from initial public offering comment letters in China 证券交易所监督与投资者报价：来自中国首次公开发行股票征求意见函的证据

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2024.101361

Xiaohong Yu , Albert Tsang , Yujun Wu , Zhou Leng

{"title":"Stock exchange oversight and investor quotes: Evidence from initial public offering comment letters in China","authors":"Xiaohong Yu , Albert Tsang , Yujun Wu , Zhou Leng","doi":"10.1016/j.bar.2024.101361","DOIUrl":"10.1016/j.bar.2024.101361","url":null,"abstract":"<div><div>This study investigates whether and how changes in the information environment resulting from the issuance of comment letters during the initial public offering (IPO) process, as is newly implemented by stock exchanges in China, affect IPO quotes from institutional investors. We find a significant and negative association between IPO review intensity, measured as the number of comment letter questions issued by the stock exchange or the change in length between the initial and final prospectuses, and the number of quotes received by the firm from institutional investors. Further analyses reveal that IPO review intensity is negatively associated with the divergence of quotes received from institutional investors. Additional analyses reveal that institutional investors tend to pay more attention to questions indicating regulatory oversight than to questions requesting factual information disclosure. Overall, the findings of this study provide support for the hypothesis that the issuance of comment letters, as a part of the interaction between stock exchanges and equity-issuing firms during the IPO process, plays a significant oversight role and consequently influences investor decision-making.</div></div>","PeriodicalId":47996,"journal":{"name":"British Accounting Review","volume":"56 6","pages":"Article 101361"},"PeriodicalIF":5.5,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0890838924001008/pdfft?md5=647d70fd4ce8c6c882c40602225774ee&pid=1-s2.0-S0890838924001008-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140279689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Political connections, corruption, and investment decisions of Chinese mutual funds 政治关系、腐败与中国共同基金的投资决策

IF 5.5 3区管理学

British Accounting Review Pub Date : 2024-09-01 DOI: 10.1016/j.bar.2023.101300

Chao He , Lawrence Kryzanowski

引用次数: 0