The British Accounting Review最新文献_第5页

Vertical integration, supply chain disruptions, and corporate yield spreads 垂直整合、供应链中断和企业收益率息差

The British Accounting Review Pub Date : 2025-03-29 DOI: 10.1016/j.bar.2025.101639

Yifei Li, Anni Wang, Qun Wu, Zejiang Zhou

引用次数: 0

The dual impact of on-chain and off-chain factors on Bitcoin market efficiency 链上和链下因素对比特币市场效率的双重影响

The British Accounting Review Pub Date : 2025-03-26 DOI: 10.1016/j.bar.2025.101641

Weiwei Guo, Hossein Jahanshahloo, Laima Spokeviciute, Qingwei Wang

{"title":"The dual impact of on-chain and off-chain factors on Bitcoin market efficiency","authors":"Weiwei Guo, Hossein Jahanshahloo, Laima Spokeviciute, Qingwei Wang","doi":"10.1016/j.bar.2025.101641","DOIUrl":"https://doi.org/10.1016/j.bar.2025.101641","url":null,"abstract":"This paper examines how on-chain factors (number of active wallets, transaction fees, and transaction volume) and off-chain factors (liquidity and investor attention) impact Bitcoin market efficiency from April 2014 to April 2022. We identify three periods in Bitcoin’s market development: development, growth, and additional development stage. We propose three hypotheses: (1) increased investor attention enhances market efficiency, (2) a rise in active users improves efficiency directly and through liquidity and investor attention, and (3) higher transaction fees and on-chain volume positively impact efficiency directly and indirectly. Our findings support these hypotheses during Bitcoin’s development and growth periods. However, in the additional development stage, the total effect of active users, transaction fees, and transaction volume becomes negative when considering mediating effects, and largely insignificant when focusing on direct effects. Additionally, we find increased netflow between whales and exchanges, a proxy for institutional activity, improves efficiency. We conclude that as Bitcoin’s market develops, factors such as changing user composition and increased regulatory scrutiny alter the dynamics of on-chain factors and their influence on market efficiency.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"25 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2025-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143820264","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

Linkage between strategy and financial performance disclosure in annual reports: A new reporting path for organizational learning 年度报告中战略与财务绩效披露的联系：组织学习的新报告路径

The British Accounting Review Pub Date : 2025-03-25 DOI: 10.1016/j.bar.2025.101643

Vasiliki Athanasakou, Abdlmutaleb Boshanna

引用次数: 0

The effect of cross-border regulatory cooperation on investment efficiency 跨境监管合作对投资效率的影响

The British Accounting Review Pub Date : 2025-03-18 DOI: 10.1016/j.bar.2025.101638

Cephas Simon Peter Dak-Adzaklo, Adelaide Dak-Adzaklo

{"title":"The effect of cross-border regulatory cooperation on investment efficiency","authors":"Cephas Simon Peter Dak-Adzaklo, Adelaide Dak-Adzaklo","doi":"10.1016/j.bar.2025.101638","DOIUrl":"https://doi.org/10.1016/j.bar.2025.101638","url":null,"abstract":"The signing of the Multilateral Memorandum of Understanding (MMoU) has strengthened the US Securities and Exchange Commission's (SEC's) cross-border enforcement program over US-listed foreign firms through better cooperation with foreign securities regulators. Using the MMoU as a natural experiment, we examine the effect of enhanced SEC regulatory oversight on investment efficiency of US-listed foreign firms. We find that enhanced SEC regulatory oversight in the post-MMoU regime increases investment efficiency. This finding is robust to an array of sensitivity tests, including those that account for endogeneity. Cross-sectional analyses show that the effect is more pronounced for firms from countries with weaker institutions and higher levels of societal secrecy. Additional analyses reveal that the MMoU influences investment efficiency through market discipline and financing channels. These findings have important implications for regulators, policymakers, and corporate stakeholders. More importantly, by documenting the causal positive impact of the MMoU on investment efficiency, this study provides information to inform and refine the business case for securities regulators' global policy coordination efforts.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2025-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143736553","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

Why so many coins? Examining the demand for privacy-preserving cryptocurrencies 为什么有这么多硬币？研究对保护隐私的加密货币的需求

The British Accounting Review Pub Date : 2025-03-18 DOI: 10.1016/j.bar.2025.101637

Gbenga Ibikunle, Vito Mollica, Qiao Sun

引用次数: 0

Social networks and venture capital investments around the world 世界各地的社交网络和风险投资

The British Accounting Review Pub Date : 2025-03-18 DOI: 10.1016/j.bar.2025.101628

Giang Nguyen, Thu Ha Nguyen

引用次数: 0

Fintech and home bias: The power of new social capital in innovative entrepreneurial financing 金融科技与家乡偏见：新社会资本在创新创业融资中的力量

The British Accounting Review Pub Date : 2025-03-14 DOI: 10.1016/j.bar.2025.101636

Jianwei Hu, Xiuping Hua, Haolin Li, Yong Wang, Huayi Zhang

引用次数: 0

Exploring accounting academics’ views on sustainability: A Freirean dialogical pedagogic perspective 探讨会计学者对可持续性的看法：一个Freirean对话教学法的视角

The British Accounting Review Pub Date : 2025-03-10 DOI: 10.1016/j.bar.2025.101633

Olga Cam, Joan Ballantine

{"title":"Exploring accounting academics’ views on sustainability: A Freirean dialogical pedagogic perspective","authors":"Olga Cam, Joan Ballantine","doi":"10.1016/j.bar.2025.101633","DOIUrl":"https://doi.org/10.1016/j.bar.2025.101633","url":null,"abstract":"The emancipatory power of accounting is crucial for enabling sustainable living, placing a responsibility on accounting educators to unlock this potential. As sustainability remains an evolving global discussion, teaching it requires a shift from traditional, didactic approaches to accounting education. Paulo Freire's dialogical approach offers a valuable framework, assuming educators have the critical consciousness and pedagogical skills to co-create knowledge with learners. However, there is limited insight into educators' views on sustainability in accounting—an essential perspective for fostering critical consciousness—and their readiness for a dialogical teaching approach. These gaps present challenges to promoting sustainability through accounting education. This exploratory study adopts a phenomenographic approach to gain insights through semi-structured interviews with UK accounting academics, applying Freire's theoretical lens to deepen the analysis. The results reveal qualitatively different ways in which educators perceive sustainability in accounting, offering novel insights into accounting education and making an initial step toward fostering critical consciousness. Findings indicate that educators may lack the pedagogical skills necessary for a dialogical approach, often assuming roles as knowledge distributors rather than co-creators. This highlights the need to strengthen pedagogical capacity in order to move beyond traditional didactic teaching methods.","PeriodicalId":501001,"journal":{"name":"The British Accounting Review","volume":"63 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2025-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143672837","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

Internationalization of equity crowdfunding platforms 股权众筹平台的国际化

The British Accounting Review Pub Date : 2025-03-07 DOI: 10.1016/j.bar.2025.101627

Luca Farè, Silvio Vismara

引用次数: 0

Unsung guardians? Communal fraud susceptibility and complaints following mass financial adviser attrition 无名监护人吗?集体欺诈易感性和大规模财务顾问流失后的投诉

The British Accounting Review Pub Date : 2025-02-27 DOI: 10.1016/j.bar.2025.101615

Natalie Y.N. Oh, Jerry T. Parwada, Eugene Wang

引用次数: 0