Journal of Accounting and Finance in Emerging Economies最新文献_第3页

Examining the Determinants of Foreign Direct Investment in BRICS 考察金砖国家外国直接投资的决定因素

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2353

Kunofiwa Tsaurai

{"title":"Examining the Determinants of Foreign Direct Investment in BRICS","authors":"Kunofiwa Tsaurai","doi":"10.26710/jafee.v8i2.2353","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2353","url":null,"abstract":"Purpose: The study’s objectives were twofold. Firstly, to examine the determinants of foreign direct investment in BRICS (Brazil, Russia, India, China, South Africa). Secondly, the study explored whether the complementarity between trade openness and infrastructural development was one of the drivers of foreign direct investment inflows into BRICS during the period under study. \u0000Design/Methodology/Approach: The study used fixed effects, dynamic ordinary least squares (dynamic OLS) and the fully modified ordinary least squares (FMOLS) with data ranging from 1994 to 2020. \u0000Findings: Trade openness (FMOLS, dynamic OLS, fixed effects), economic growth (FMOLS) and exchange rates (fixed effects, FMOLS) were found to have had a significant positive effect on foreign direct investment inflow into BRICS. The study also noted that the influence of inflation (fixed effects), financial development (fixed effects, FMOLS) and human capital development (FMOLS, fixed effects) on foreign direct investment was significantly negative. \u0000Implications/Originality/Value: To attract more foreign direct investment inflows into their countries, BRICS authorities are urged to develop and implement policies geared towards enhancing trade openness, economic growth and strength of their local currencies. ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"40 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82953610","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: 1

Asset Commonality and Credit Expansion by Banks in Pakistan 巴基斯坦银行的资产共性与信贷扩张

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2333

K. Shehzad, Mudassar Rashid, Waseemullah

{"title":"Asset Commonality and Credit Expansion by Banks in Pakistan","authors":"K. Shehzad, Mudassar Rashid, Waseemullah","doi":"10.26710/jafee.v8i2.2333","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2333","url":null,"abstract":"Purpose: Diversification by the majority of the banks in a system contribute to the progression of systemic risk on one hand and affects the lending behaviors of the banks on the other. Since lending behaviors of the banks directly affect the availability of credit to the non-financial sector, the situation may worsen, as a consequence of systemic risk. In this study, we examine the relationship between asset commonality and credit expansion by commercial banks in Pakistan. \u0000Design/Methodology/Approach: We use post-global financial crisis data ranging from 2011-2020. A dynamic model is employed with a two-step system GMM technique to control for the problems of autocorrelation and endogeneity, as indicated by the pre-diagnostic tests. \u0000Findings: Our results show that asset commonality significantly affects credit expansion by banks in Pakistan. Moreover, the direction of the relationship is negative implying that the asset commonality of the banks in Pakistan, induces banks on the individual level to contract credit to the non-financial sector. \u0000Implications/Originality/Value: The findings are helpful for policymakers to devise and implement a prudent regulatory framework for the monetary sector, by not only targeting risk indicators of the financial sector but also keeping in view its repercussions to the real sector of the economy.","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"71 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84283656","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

Analysis of Procedural Justice and Its Association with University Teachers’ Level of Job Satisfaction 程序公正及其与大学教师工作满意度的关系分析

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2371

Abdullah, S. Khan, Main Muhammad Saleem, Nizar Ahmad

{"title":"Analysis of Procedural Justice and Its Association with University Teachers’ Level of Job Satisfaction","authors":"Abdullah, S. Khan, Main Muhammad Saleem, Nizar Ahmad","doi":"10.26710/jafee.v8i2.2371","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2371","url":null,"abstract":"Purpose: This paper aims to investigate the effects of Procedural Justice on Teaching Faculty’s Job Satisfaction. The study was conducted in the higher educational institutions of Khyber Pakhtunkhwa, Pakistan, i.e. Bacha Khan University, University of Malakand, and the University of Swat. \u0000Methodology: The nature of the study was quantitative, and a questionnaire was used as a data collection tool for collecting information from the sample size of 217 respondents selected through the proportional allocation method. \u0000Findings: The study revealed a significant association (P≤0.05) of teacher satisfaction with the statements such as teachers’ unequal treatment from university administration, teachers are strictly dealt with the rule in case of any breach of law, the administration is dishonest, and insincere in term of fair treatment, no explanation regarding decision-making procedures, absence of communicating organizational information to teachers. \u0000Implications: The Government and administration should take positive steps to provide a good working environment to establish their trust by expanding cooperation towards employees, exploration of benefits for employees, strengthening employee relationships with each other, and encouragement of open communication that can stimulate and encourage exchanges of view between faculty and administration were forwarded some of the recommendations in light of the study findings.","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"41 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91384163","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

Non-IMF Foreign Debt and Economic Growth: A Case of Developing Economy 非imf外债与经济增长:一个发展中经济体的案例

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2385

Mirwaise Khan, Asif Raz, A. Sattar, Nabeel-ul Haq

{"title":"Non-IMF Foreign Debt and Economic Growth: A Case of Developing Economy","authors":"Mirwaise Khan, Asif Raz, A. Sattar, Nabeel-ul Haq","doi":"10.26710/jafee.v8i2.2385","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2385","url":null,"abstract":"Purpose: This Study aims to investigate the impact of foreign debt on the economic growth of Pakistan by categorizing the foreign debt into two different factors: IMF debt and non-IMF debt. \u0000Design/Methodology/Approach: The secondary data was taken quarterly from the State Bank of Pakistan for the period 2010 to 2021, and Johansen cointegration analysis and the Vector error correction model were used to study the relationship. \u0000Findings: The study's findings revealed that the IMF debt is significantly positive in the short run, while non-IMF foreign debt has an insignificant relationship with economic growth. Moreover, short-run results also found an insignificant relationship between foreign debt servicing and inflation rate and economic growth. On the other hand, in the long run, the relationship between IMF debt, foreign debt servicing, and the inflation rate were found to be significantly negative with the economic growth, whereas a significant positive relationship was identified between the non-IMF foreign debt and the economic growth. \u0000Implications/Originality/Value: The study concluded that the authorities should avoid foreign debt from IMF and rely upon non-IMF foreign debt if ever financing through foreign debt is needed. Even though the non-IMF foreign debt has a positive impact on the economic growth in the long, this positive effect is counter-negated by the cost of foreign debt, which is the foreign debt servicing, due to its significant negative impact on the economic growth of Pakistan. ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73552309","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

Integrating the Relationship between Stakeholder’s Perspective and Corporate Sustainability: A Literature Review 整合利益相关者视角与企业可持续发展的关系:文献综述

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-06-30 DOI: 10.26710/jafee.v8i2.2372

Imtiaz Bashir, Muhammad Hassan, M. Arif

{"title":"Integrating the Relationship between Stakeholder’s Perspective and Corporate Sustainability: A Literature Review","authors":"Imtiaz Bashir, Muhammad Hassan, M. Arif","doi":"10.26710/jafee.v8i2.2372","DOIUrl":"https://doi.org/10.26710/jafee.v8i2.2372","url":null,"abstract":"Purpose: This research paper's main goal is to understand conceptual development in the area of corporate sustainability while bringing stakeholders perspective in this deliberation. \u0000Design/Methodology/Approach: The study is based on systematic literature review that covers 45 research articles published in years 1970 to 2020 in peer reviewed journals. The study tried to look into the variety of concepts developed in this field, their characterizations, their classification into causes to consequences and their significance that informed the area of corporate sustainability. \u0000Findings: Stakeholder’s perspective deal with the broad propositions and unique way to deal with controlling the enterprises from the major \"stockholder’s perspective\", highlighting the firm as flowing together of co-operative and viable advantage speaking to an all-encompassing stakeholder base. This literature survey analyzes the different measurements that develop in academic research stakeholder perspective to deal with the topic of sustainable business. The stakeholder viewpoint hypothesis is offered by way of a typical hypothetical structure aimed at evolving sustainability knowledge besides exercise, particularly in its normative and instrumentalist approaches. ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"166 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76895305","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

Identification and Protection of Corporate Whistle-blowers: A Legal Perspective 企业举报人的认定与保护:法律视角

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-03-31 DOI: 10.26710/jafee.v8i1.2204

Naheeda Ali, K. Khan

{"title":"Identification and Protection of Corporate Whistle-blowers: A Legal Perspective","authors":"Naheeda Ali, K. Khan","doi":"10.26710/jafee.v8i1.2204","DOIUrl":"https://doi.org/10.26710/jafee.v8i1.2204","url":null,"abstract":"Purpose: Internal audit, management review, and account reconciliation are popular tools for combating corporate fraud, but whistle-blowing is the most prevalent. Whistle-blowers frequently fear reprisal from coworkers and bosses. That is why they require protection and support. Many international organizations have advocated that countries adopt regulatory frameworks for protecting whistle-blowers. Therefore, the current study investigates the notion of whistle-blowing to compare it to Public Interest Disclosure Act 2017 of Pakistan, which was enacted. It identifies the influence of legal and ethical cultural norms in organizations on whistle-blowing behaviour. \u0000Design/Methodology/Approach: Qualitative method was used to analyze statutes, local and international protocols, rules and regulations of Pakistan and developed countries. \u0000Findings: The results suggest that the development of legal and ethical culture in a business may inspire whistle-blowing, and whistle-blowers may feel psychologically safe when reporting wrongdoings. Further, whistle-blowers must be legally supported and encouraged to function as corporate monitors, discouraging wrongdoers to the point of elimination. \u0000Implications/Originality/Value: It is suggested that the Act be revised to address the existed flaws. The Act is specifically amended to cover private-sector whistle-blowers, and an impartial, external reporting channel is established under one of the existing specialized organizations that deal with fraud. In particular, anti-corruption bodies, like National Accountability Bureau, has established as an external reporting and investigative channel.","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"25 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83300407","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

Changing Oil Prices, Exchange Rates and its Impact on Inflation in Pakistan 巴基斯坦不断变化的油价、汇率及其对通货膨胀的影响

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-03-31 DOI: 10.26710/jafee.v8i1.2205

Hammad Hussain, Muhammad Zahir Faridi, S. Hussain

引用次数: 2

The Determinants of Convexity in the Flow-Performance Relationship: A Study of Pakistani Mutual Funds 流动-绩效关系中凸性的决定因素:巴基斯坦共同基金的研究

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-03-31 DOI: 10.26710/jafee.v8i1.2162

S. Khan, J. Iqbal, Shahid Amin, Atif Rafique

{"title":"The Determinants of Convexity in the Flow-Performance Relationship: A Study of Pakistani Mutual Funds","authors":"S. Khan, J. Iqbal, Shahid Amin, Atif Rafique","doi":"10.26710/jafee.v8i1.2162","DOIUrl":"https://doi.org/10.26710/jafee.v8i1.2162","url":null,"abstract":"Purpose: This paper aims to study the potential sources of convexity in the flow-performance relationship curve in the Asian region. \u0000Design/Methodology/Approach: The sample for this study includes 75 mutual funds from three broader investment categories: stock funds, balanced funds, and asset allocation funds. The data is collected from the financial reports of the respective funds from 2011 to 2020. The study employs the ordinary least square method on unbalanced panel data. \u0000Findings: The findings show that the fund flows are positively associated with fund performance in the Pakistani mutual fund market. The result also confirmed that the shape of the relationship is convex. The fund size and marketing expenditures are positively associated with convexity. However, fund age does not affect the convexity. The Result also confirmed that fund rating is not an appropriate proxy for fund size. \u0000Practical Implication- In period of low performance mutual fund management can retain their investors by increasing their marketing expenditures and fund size. \u0000Originality/Value: This paper fulfills an identified need to study the sources behind non-linear flow-performance relationship curve in the Asian region. This study also aims to resolve the conflict in literature relating to the fund size on the convexity of the flow performance relationship. ","PeriodicalId":52706,"journal":{"name":"Journal of Accounting and Finance in Emerging Economies","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87636552","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

Islamic Microfinance and Women Entrepreneurial Success: Mediating Role of Human Capital 伊斯兰小额信贷与妇女创业成功:人力资本的中介作用

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-03-31 DOI: 10.26710/jafee.v8i1.2125

Muhammad Zahir Faridi, Shazia Nawaz, S. Bibi

引用次数: 2

Value Relevance of Financial Information in Malaysian Listed Firms: Real Earnings Management’s Perspective 马来西亚上市公司财务信息的价值相关性:真实盈余管理的视角

Journal of Accounting and Finance in Emerging Economies Pub Date : 2022-03-31 DOI: 10.26710/jafee.v8i1.2269

Aboubakar Mirza, J. Abbas

引用次数: 2