Asian Economic and Financial Review最新文献_第3页

The impact of contextual factors on costing system design: The moderating role of facilitator factors 环境因素对成本核算系统设计的影响:促进因素的调节作用

Asian Economic and Financial Review Pub Date : 2023-09-04 DOI: 10.55493/5002.v13i11.4877

Abdulrahman Aljabr

{"title":"The impact of contextual factors on costing system design: The moderating role of facilitator factors","authors":"Abdulrahman Aljabr","doi":"10.55493/5002.v13i11.4877","DOIUrl":"https://doi.org/10.55493/5002.v13i11.4877","url":null,"abstract":"Achieving optimal performance is partially conditioned by aligning the costing system design (CSD) with the context’s requirements. Research on the relationship between the context and CSD has produced inconsistent results, which has prompted research on the moderating role of various factors in this relationship. An omission by this research is the moderating impact of factors that play a facilitating role in obtaining the intended CSD. Hence, this research employs the contingency theory to investigate the moderating impact of various facilitators, including top management support (TMS), organizational culture, and the availability of resources to invest in the costing system, on the relationship between the context and CSD. This research utilizes a questionnaire survey to gather data from Saudi manufacturing businesses and analyzes the data using a moderated regression analysis (MRA). The results did not support the moderating influence of facilitator factors, which may be related to the characteristics of the Saudi context and/or the measures adopted. However, the results revealed interesting findings regarding the direct effects of facilitator and contextual factors on CSD. This research provides manufacturing industry practitioners with important insights regarding the facilitating role of multiple factors in the design and implementation of costing systems that are compatible with the context.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135452861","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 impact of enterprise risk management on financial performance: Evidence from the GCC Islamic banks 企业风险管理对财务绩效的影响:来自海湾合作委员会伊斯兰银行的证据

Asian Economic and Financial Review Pub Date : 2023-09-01 DOI: 10.55493/5002.v13i11.4867

Tamader Alsalami, Low Soo-Wah, Shifa Mohd Nor, Awatif Hodaed Alsheikh

{"title":"The impact of enterprise risk management on financial performance: Evidence from the GCC Islamic banks","authors":"Tamader Alsalami, Low Soo-Wah, Shifa Mohd Nor, Awatif Hodaed Alsheikh","doi":"10.55493/5002.v13i11.4867","DOIUrl":"https://doi.org/10.55493/5002.v13i11.4867","url":null,"abstract":"Enterprise Risk Management (ERM) is a contemporary trend that has gained momentum in recent years. ERM is a comprehensive approach to risk management that considers both operational and strategic risks that affect business objectives and success. The present research investigates the impact of ERM on the financial performance (FP) of listed Islamic banks in the Gulf Cooperation Council (GCC) countries. This study takes a quantitative approach, employing secondary data collection methods and content analysis. The study analyses a sample of 221 yearly observations from 23 listed Islamic banks in the GCC from 2011–2020. The ERM implementation and FP measures were derived from previous studies. The study discovered that ERM implementation is associated with an increase in accounting performance but not with changes in market performance for Islamic banks. Our study confirms that Islamic banks perform better in the short term after implementing ERM controls but have no impact on long-term value creation. This study provides valuable insight on the benefits of enhancing GCC Islamic banks' ERM implementation decision-making processes. Finally, the empirical findings can assist managers, policymakers, and regulators in improving bank performance by implementing best practices of ERM in GCC Islamic banks and countries with similar socioeconomic environments.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135249512","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

Macroeconomic determinants of stock market returns: Evidence from Oman 股票市场收益的宏观经济决定因素:来自阿曼的证据

Asian Economic and Financial Review Pub Date : 2023-09-01 DOI: 10.55493/5002.v13i11.4866

Ayman Al Shehab

引用次数: 0

Investigation of intellectual capital and firm performance in Thailand: Mediating role of earnings quality 泰国智力资本对企业绩效的影响:盈余质量的中介作用

Asian Economic and Financial Review Pub Date : 2023-09-01 DOI: 10.55493/5002.v13i11.4868

Pakchanya Boonchukham, Chaimongkol Pholkaew, Kusuma Dampitakse

{"title":"Investigation of intellectual capital and firm performance in Thailand: Mediating role of earnings quality","authors":"Pakchanya Boonchukham, Chaimongkol Pholkaew, Kusuma Dampitakse","doi":"10.55493/5002.v13i11.4868","DOIUrl":"https://doi.org/10.55493/5002.v13i11.4868","url":null,"abstract":"This study was conducted to investigate two main aspects. First, it seeks to analyze how intellectual capital impacts firm performance. Second, it examines how intellectual capital impacts firm performance through earnings quality. To achieve these objectives, 114 financial datasets from service businesses listed on the Stock Exchange of Thailand (SET) during the period from 2019 to 2020 were utilized. The hypotheses were tested through various analytical techniques, including descriptive statistics, normality tests, a correlation matrix, structural equation models, and path analysis. The findings revealed that earnings quality indirectly impacted firm performance, as assessed by Tobin's Q and return on assets. The study demonstrated that earnings quality, measured through discretionary accruals, served as a partial mediator between intellectual capital and return on assets. Furthermore, earnings quality was identified as a full mediator in the association between intellectual capital and Tobin's Q. After analyzing the data during the COVID-19 pandemic, it was found that businesses that utilized information technology systems and employed efficient distribution channels demonstrated high relational capital efficiency (RCE). This efficiency positively affected market value. The practical contribution of this study provides managers with measurement methods for intellectual capital development, enabling them to enhance operational efficiency in intellectual capital and generate high earnings quality that reflects market value. Additionally, it highlights the importance of adapting to digital-era economic changes. Regulatory bodies can further promote and support intellectual capital to increase market value.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"111 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135248967","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

Influencing mobile banking acceptance among consumers in Malaysia 影响马来西亚消费者对手机银行的接受程度

Asian Economic and Financial Review Pub Date : 2023-08-29 DOI: 10.55493/5002.v13i11.4865

Yuen Yee Yen, Dianne Goh Ming Hui

{"title":"Influencing mobile banking acceptance among consumers in Malaysia","authors":"Yuen Yee Yen, Dianne Goh Ming Hui","doi":"10.55493/5002.v13i11.4865","DOIUrl":"https://doi.org/10.55493/5002.v13i11.4865","url":null,"abstract":"The adoption of mobile banking in Malaysia is low despite the government’s efforts to digitalize the national banking system. Malaysian citizens are uncomfortable embracing mobile banking due to the absence of adequate knowledge-based trust. As only 54.2% of Malaysians are willing to adopt mobile banking in daily life, this research was conducted to boost mobile banking acceptance. This study empirically investigates attributes influencing mobile banking acceptance in Malaysia. New attributes of mobile banking acceptance, such as perceived competence, perceived benevolence and perceived integrity, have been examined in this study to address the acceptance problems faced by the banking industry and customers. The purposive sampling method was used where the targeted respondents must have prior experience in mobile banking. The data was collected using an adapted questionnaire, and a total of 385 valid responses were analyzed. For hypothesis testing, structural equation modeling (SEM) was used to confirm the relationship between variables. Perceived ease of use, perceived relative advantage, perceived compatibility, perceived competence, perceived benevolence, and perceived integrity were found to have a significant effect on mobile banking acceptance. Understanding the impact of new constructs, such as perceived competence, perceived benevolence and perceived integrity, benefits banking institutions, policy makers and mobile commerce practitioners in addressing problems relating to mobile banking acceptance.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136283706","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

Do controlling shareholders' equity pledges affect M&A investment? Evidence from listed companies in China 控股股东股权质押是否影响并购投资?来自中国上市公司的证据

Asian Economic and Financial Review Pub Date : 2023-08-25 DOI: 10.55493/5002.v13i11.4863

Qianqi Duan, N. Nor, A. Selamat

{"title":"Do controlling shareholders' equity pledges affect M&A investment? Evidence from listed companies in China","authors":"Qianqi Duan, N. Nor, A. Selamat","doi":"10.55493/5002.v13i11.4863","DOIUrl":"https://doi.org/10.55493/5002.v13i11.4863","url":null,"abstract":"As a new financing method, equity pledges are popular in China’s capital market. With the emergence of new financing models, will the relationship between financing and investment in corporate financial management change? The purpose of this study is to determine whether the controlling shareholders' equity pledges affect corporate merger and acquisition (M&A) investment decisions. This paper uses data for listed companies from the China Stock Market & Accounting Research (CSMAR) database, and Stata 17 is used as the data processing software. The M&A variable is virtual and uses the logit model to study the relationship between controlling shareholders' equity pledges and M&A investments. To test the robustness of the results, we replace the key variables, transform the model, and use the Gaussian Mixture Model (GMM) method to obtain the same results. The study found a positive correlation between controlling shareholders' equity pledges and M&A investments. Further cross-sectional study shows that the positive correlation is stronger in state-owned companies, non-manufacturing companies, and companies with low pledge ratios. This study is conducive to standardizing the equity pledge behavior of listed companies and safeguarding the interests of investors.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"11 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78505421","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

Artificial intelligence and audit quality: Implications for practicing accountants 人工智能与审计质量:对执业会计师的启示

Asian Economic and Financial Review Pub Date : 2023-08-24 DOI: 10.55493/5002.v13i11.4861

Isaiah Oluwasegun Adeoye, R. Akintoye, T. A. Aguguom, Olubusola Ayoola Olagunju

{"title":"Artificial intelligence and audit quality: Implications for practicing accountants","authors":"Isaiah Oluwasegun Adeoye, R. Akintoye, T. A. Aguguom, Olubusola Ayoola Olagunju","doi":"10.55493/5002.v13i11.4861","DOIUrl":"https://doi.org/10.55493/5002.v13i11.4861","url":null,"abstract":"Audit quality has been one of the most controversial issues in auditing and financial reporting research. The implication of audit quality has become critically significant for accountants and users of accounting information. Some studies have shown that the improvement of audit quality lies with the application of artificial intelligence in audit exercises. This study examines the effect of artificial intelligence on audit quality by employing the survey method, using structured questionnaires administered to practicing accountants and staff of the Big Four accounting firms. The Taro Yamani formula was used to determine the sample size, and a total of 641 questionnaires were retrieved. Cronbach’s alpha was employed to test the reliability and validity alongside the pilot testing conducted. Descriptive statistics and inferential analysis were also used. The results of the descriptive method showed that many of the respondents support the usefulness of artificial intelligence. The regression results revealed that artificial intelligence has a positive effect on audit quality. Based on the results, it is recommended that managers and accountants in private, corporate, and accounting firms should embrace the application of artificial intelligence due to its economic value and helpful effect of improving audit quality in terms of accuracy, reliability, and timely financial reporting.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"49 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91301693","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

Constructing an aggregate financial stability index for Botswana 构建博茨瓦纳综合金融稳定指数

Asian Economic and Financial Review Pub Date : 2023-08-21 DOI: 10.55493/5002.v13i11.4859

Tuduetso Pamela Modise, L. Setlhare, L. Sekwati

{"title":"Constructing an aggregate financial stability index for Botswana","authors":"Tuduetso Pamela Modise, L. Setlhare, L. Sekwati","doi":"10.55493/5002.v13i11.4859","DOIUrl":"https://doi.org/10.55493/5002.v13i11.4859","url":null,"abstract":"This paper evaluates the likely benefits of adopting an aggregate financial stability index (AFSI) as an additional mechanism for monitoring the financial system in Botswana. Since the turn of the new century that brought a sequence of financial episodes, financial stability remains a topical issue among researchers and policymakers. To guard against financial instability, authorities continually look for mechanisms to effectively detect stress in the financial system. This paper builds on recent literature to develop an AFSI for Botswana constructed from sub-indices that reflect financial development, financial vulnerability, financial soundness, and external environment developments. To determine the existence, or absence, of effects from key macroeconomic variables on the AFSI, the autoregressive distributed lag (ARDL) model is used. The study found that the synthetic AFSI constructed is robust and able to track the impact of different macroeconomic events on the stability of the financial sector in Botswana. As such, gains can be expected from the use of an AFSI. In this regard, policy makers will be able to unambiguously interpret the prevailing level of financial stress and respond accordingly.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"14 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75384751","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

Factors influencing the usage of mobile payment services during the COVID-19 pandemic COVID-19大流行期间影响移动支付服务使用的因素

Asian Economic and Financial Review Pub Date : 2023-08-17 DOI: 10.55493/5002.v13i10.4854

N. Parashar, Shradha Gupta, Rahul Sharma, A. Bandyopadhayay

{"title":"Factors influencing the usage of mobile payment services during the COVID-19 pandemic","authors":"N. Parashar, Shradha Gupta, Rahul Sharma, A. Bandyopadhayay","doi":"10.55493/5002.v13i10.4854","DOIUrl":"https://doi.org/10.55493/5002.v13i10.4854","url":null,"abstract":"This study aims to identify and examine the factors that affected users' behavioral intentions, attitudes, and perceptions toward mobile payment services during COVID-19. It also attempts to determine the impact of demographic variables on the ease of use of mobile payment services. A survey approach was adopted to collect primary data and capture attitudes and behaviors on the use of mobile payment services during and after COVID-19. Being a quantitative study, a multiple regression analysis was used to analyze the primary data. The results indicate that education was the main reason for the adoption of mobile payment services, and security was the leading factor contributing to user satisfaction. Ease of use of the payment app was important for continued usage of the app. The statistical analysis explains that ease of use is an important variable for the usage of payment wallets or mobile payment services by users, followed by familiarity, safety, and security of the mobile payment wallet. Based on the findings of this study, it is suggested that mobile payment companies should concentrate more on the performance and ease of use of their applications. Mobile payment companies should also concentrate on meeting their users’ needs, which will indirectly lead to the retention of their users for a long period.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85620219","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

Determinants of household credit behavior of low-income households in Sri Lanka 斯里兰卡低收入家庭信贷行为的决定因素

Asian Economic and Financial Review Pub Date : 2023-08-15 DOI: 10.55493/5002.v13i10.4851

Champika Dharmadasa, Mmdv Gunatilake

{"title":"Determinants of household credit behavior of low-income households in Sri Lanka","authors":"Champika Dharmadasa, Mmdv Gunatilake","doi":"10.55493/5002.v13i10.4851","DOIUrl":"https://doi.org/10.55493/5002.v13i10.4851","url":null,"abstract":"The paper aims to achieve three objectives in relation to household borrowing behavior among low-income households in Sri Lanka. First, it attempts to understand the patterns of savings and credit behavior of households. Second, it identifies the underlying reasons for the credit demand of households. Third, it investigates the relative significance of demographic and other socioeconomic factors that influence the reasons for households’ credit demand. Primary data collected from 1,500 household units were utilized for the analysis. Thematic and multinominal logistic regression analyses were used to achieve objectives. The thematic analysis identified 533 household units in debt and has revealed eight reasons behind households’ borrowing decisions, with borrowing for housing renovations, investing and consumption being the top three reasons. The results of the multinominal regression analysis revealed that having children is the most influential demographic factor that lies behind most reasons. The paper concludes that only a few households have borrowing habits, and their borrowing purposes vary. Most are not used for productive investments, and having young dependents induces household borrowing decisions. Based on the outcome, the study suggests strengthening social assistance for households with young dependents to protect low-income families from indebtedness.","PeriodicalId":53424,"journal":{"name":"Asian Economic and Financial Review","volume":"44 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80844068","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