Asian Journal of Business and Accounting最新文献

{"title":"Age Segmentation for Predicting Behavioural Intention of Using Railway Services in Indonesia","authors":"Savira Miranti Ansory, Anya Safira","doi":"10.22452/ajba.vol11no1.8","DOIUrl":"https://doi.org/10.22452/ajba.vol11no1.8","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to examine the predictors of passengers’ behavioural intention in using railway services. It also attempts to identify whether these predictors differ among consumers of different age groups. \u0000Design/ Methodology/ Approach: A  survey  is  conducted  to  collect data from the passengers using the KA Commuter Line  (KRL) Jabodetabek. The  213  respondents  are  divided  into  two  age segmentations comprising young and old. Data are analysed separately. The proposed model is tested quantitatively through multiple regression analysis and the independent sample t-test. \u0000Research findings: The results show that  different  age  groups  have different evaluations and they use different determinants for gauging the railway services. Perceived value emerges as an impor- tant determinant of customer satisfaction among the younger age group whereas service quality  is  the  determinant  for  the  older  age group. Both groups, however, consider corporate image and customer satisfaction as determinants of behavioural intention. \u0000Theoretical contributions/ Originality: This paper contributes to existing research on public transportation from a marketing pers- pective. It extends on previous works by adopting age segmentation to examine passengers’ perception, evaluation and behavioural intention of using the railway services in Jakarta. \u0000Practitioner/ Policy implications: The findings of this study suggest that the Indonesian Railway Company should take age segmentation as a meaningful and useful social categorisation. It should not treat the entire population of passengers to be the same. Different age groups have different responsiveness and expectations of the railway services thus, the Indonesian Railway Company needs to put in more efforts in maintaining and improving its corporate image so as to encourage more people to use its services thereby reducing traffic congestion in Jakarta. \u0000Research limitation: This study is limited by its sample size. Therefore, it is not possible to perform structural equation modelling (SEM). \u0000Keywords: Behavioural Intention, Railway Services, Age Segmenta- tion, Customer Satisfaction, Corporate Image. \u0000JEL Classification: M3","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41767070","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}

{"title":"Corporate Ownership, Internet Penetration and Internet Financial Reporting: Evidence from the Gulf Cooperation Council Countries","authors":"A. Ariff, Bin Hasan, H. A. Hashim","doi":"10.22452/ajba.vol11no1.7","DOIUrl":"https://doi.org/10.22452/ajba.vol11no1.7","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to examine how the individual  effect of  company-level  ownership  structure  and  the  joint-effect  of company-level ownership structure with country-level Internet penetration, can impact on Internet Financial Reporting (IFR). \u0000Design/ Methodology/ Approach: An index consisting of 35 IFR items was used to collect information from 152 listed financial com- panies from the Gulf Cooperation Council (GCC) countries. These companies were from Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Data were analysed using regression analysis. Research findings: The findings imply that companies with high government and family ownerships have lower extent of IFR. High quality IFR is evident in companies located in countries with a strong Internet penetration. However, the association between corporate ownership structure and IFR is not influenced by the country’s Internet penetration. \u0000Theoretical contributions/ Originality: Our study is the first cross- country comparative analysis that utilises data from the GCC coun- tries to explore the determinants of the IFR. This study incorporates company-level governance and country-level institutional factors which are relevant and unique in the context of the GCC to add to the existing evidence that had mainly concentrated on a single-country setting or the developed market. \u0000Practitioner/ Policy implications: The  findings  of  this  study, which are related to the negative impact of government and family ownership on IFR can be attributed to the regulators in the GCC countries. It is recommended that the GCC improve its enforcement of legal protection for shareholders so as to protect the minority shareholders’ interests. \u0000Research limitation: Future cross-country analysis on IFR can focus on other emerging markets that differ from the GCC. In addition, these studies can consider other relevant company-level governance aspects such as managerial ownership and country-level institutional factors such as cyber security risks as variables. \u0000  \u0000Keywords: Ownership, Internet Penetration, Gulf Cooperation Council. \u0000JEL Classification: G11, G02, C91","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48873903","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}

{"title":"Contingent Factors Affecting the Financial Performance of Manufacturing Companies: The Case of East Java, Indonesia","authors":"H. Hariyati, B. Tjahjadi","doi":"10.22452/AJBA.VOL11NO1.5","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.5","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to examine how contextual variables which include innovation strategy, management accounting infor- mation system and internal business process performance affect the financial performance of manufacturing companies in East Java, Indonesia. \u0000Design/ Methodology/ Approach: This study employs a quantitative approach to explain the relationship among the variables. The data of 135 managers were collected and then analysed through the partial least squares (PLS) approach. \u0000Research findings: Results show that management accounting infor- mation system and business process performance partially mediate the innovation strategy-financial performance relationship. \u0000Theoretical contributions/ Originality: This study expands on pre- vious works by investigating the roles of management accounting information system and internal business process performance as mediating variables between innovation strategy and firm’s financial performance. \u0000Practitioner/ Policy implications: This study provides insights into how management accounting information system and internal busi- ness process performance impact innovation strategy and financial performance. The results imply that managers need to improve the design and implementation of their accounting system and their internal business process performance. This initiative can support the firm’s innovation strategy which impacts on the firm’s financial performance. The implications drawn from this study justify two things: (1) firms need to be more proactive in their product and process innovations so as to remain competitive in the global  market; and (2) managers need to develop intangible assets such as a management accounting information system in the era of knowledge economy. \u0000Research limitation: This study focusses on the manufacturing companies of the East Java Province of Indonesia therefore, general- isability of the findings may be restricted. Future studies need to incorporate larger and more diverse samples. This study did not consider the companies’ business life cycle hence, the full impact of the firms’ financial performance may not have been captured. \u0000  \u0000Keywords: Financial Performance, Innovation Strategy, Internal Business Process Performance, Management Accounting Information System. \u0000JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49576080","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}

{"title":"Antecedents of Consumer Attitude towards Blogger Recommendations and its Impact on Purchase Intention","authors":"Grace Phang Ing, Ting Ming","doi":"10.22452/AJBA.VOL11NO1.10","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.10","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to fill in the literature gap by examining the relationship between various antecedent factors affecting consumer attitude towards blogger recommendations and their purchase intention. \u0000Design/ Methodology/ Approach: A total of 384 questionnaires were collected and analysed using the partial least squares (PLS) approach. Research findings: The results highlight the relationships existing between consumer attitude and the antecedent factors namely, perceived usefulness, trustworthiness, information quality and perceived benefits. The study also confirms the mediation role of consumer attitude towards blogger recommendations. Most impor- tantly, consumer attitude towards blogger recommendations is found to have significant influence on consumer purchase intention. \u0000Theoretical contributions/ Originality: This study provides a comprehensive empirical examination of the antecedent factors that contribute to consumer attitude towards blogger recommendations, previously examined by  different  researchers  in  separate  studies. It is found that trustworthiness is the main factor contributing to consumer attitude towards blogger recommendations, followed by information quality, perceived usefulness and perceived benefits. Attitude towards blogger recommendations is found to have a strong impact on purchase intention; it also serves as a mediator between the antecedent factors and purchase intention. \u0000Practitioner/ Policy implications: This study provides useful evi- dence which support the influential power of blogs as a type of effective integrated marketing tool. The findings also recommend some evaluation criteria for choosing and evaluating the effectiveness of blogger recommendations that influence consumer attitude and purchase intention. Overall, blogger recommendations have to be perceived as useful, trustworthy and carry good quality information before consumers can be influenced. \u0000Research limitation: This study is constrained by limitations such   as blog types and variables. Future research could be extended to include more diverse blog types, more contributing variables on attitude and a bigger geographical coverage. \u0000  \u0000Keywords: Blogger Recommendations, Consumer Attitudes, Infor- mation Quality, Purchase Intention, Trustworthiness. \u0000JEL Classification: M31","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49254626","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}

{"title":"National Differences in Capital Budgeting Systems: A Comparison between Indonesian and Australian Firms","authors":"P. Graham, Suneeta Sathye","doi":"10.22452/AJBA.VOL11NO1.2","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.2","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study examines the impact of cross-cultural differences on capital budgeting systems. \u0000Design/ Methodology/ Approach: Drawing on the contingency theory, 67 non-financial firms listed in Indonesia and Australia were analysed on a comprehensive range of capital budgeting systems. \u0000Research findings: The findings support our predictions that relative to Australian firms, the Indonesian firms were found to emphasise more on sophisticated capital budgeting systems (e.g. real options). The results seem to be driven by Indonesia’s higher level of perceived environmental uncertainty coupled with Sharia governance rules that aim to mitigate risky transactions. This study also provides evidence to show that the emphasis on sophisticated capital budgeting systems was driven by firm size and finance managers’ level of education attainment. \u0000Theoretical contributions/ Originality: Prior research has docu- mented an incomplete picture of the link between national culture and capital budgeting systems. This is attributed to the lack of the development of contextual foundations for looking at cross-cultural differences followed by the narrow range of capital budgeting systems being considered in research. \u0000Practitioner/ Policy implications: The findings of this study reflect the  capital  budgeting  practices  of  Indonesia  and  Australia.  The findings are important for practitioners who wish to evaluate project investments in these two countries. \u0000Research limitation: Future research should consider looking into how Sharia impacts the use of capital budgeting systems and the performance effects of using different approaches. \u0000Keywords: Capital Budgeting Systems, National Culture, Indonesia, Australia, Environmental Uncertainty \u0000JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":"1 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41704887","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}

{"title":"The Impact of Institutional Distance on the Choice of Multinational Enterprise’s Entry Mode: Theory and Empirical Evidence from Vietnam","authors":"Vo van Dut, Yusaf H. Akbar, N. H. Dang, Nguyen Kim Hanh","doi":"10.22452/AJBA.VOL11NO1.3","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.3","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to investigate the impact of insti- tutional distance between home and host countries on the choice of multinational enterprise’s (MNE) entry mode into Vietnam. \u0000Design/ Methodology/ Approach: Transaction cost theory was adopted to develop the hypotheses. The data of 82 MNE subsidiaries located in Vietnam were extracted from the World Bank Enterprise Survey. Probit regression was employed to estimate the impact of the institutional distance between home and host countries on the choice of the MNE’s entry mode. \u0000Research findings: The empirical results support the hypotheses, revealing that MNEs are more likely to enter Vietnam via acquisition investment rather than greenfield investment. This happens when both the formal and informal institutional distance between Vietnam and the home countries is large. Findings also suggest that the institutional distance between a host country with a transition economy and the home countries is an important element to take into account when MNEs decide to invest in a transition economy that contains high level uncertainties. \u0000Theoretical contributions/ Originality: The adoption of the trans- action cost theory enables this study to conceptualise the frame- work which is used to empirically test the effect of the institutional distance between Vietnam and home countries on the MNEs’ entry mode decision. This study shows that the transaction cost approach offers insights into how the institutional distance between the host and home countries affect the choice of the MNEs’ entry mode into a transition economy. This study contributes to international business literature by developing theoretical arguments about the role of the national institutional dissimilarities on the choice of the MNEs’ entry mode in a transition economy. \u0000Practitioner/ Policy implications: The implication drawn from this study is that MNEs investing through acquired subsidiaries are less burdened by environmental uncertainties since acquired subsidiaries offer more familarity with the  formal  institutions.  This  can  help the MNEs to establish a close relationship with the local partners  and the government. This also increases the MNEs’ cross-cultural communication and knowledge thereby, enhancing the investment. \u0000Research limitation: Further research should consider more parent firm characteristics so that implications for the MNEs’ entry strategy are developed. Given the role of the different managers at the different levels, future study should capture the perception of these managers who are based at the headquarters so as to further examine the effect of institutional distance. \u0000  \u0000Keywords: Formal Institutional Distance, Informal Institutional Distance, Entry Mode, MNE, Subsidiary, Transition Economy. \u0000JEL Classification: F23, M16","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":"11 1","pages":"71-95"},"PeriodicalIF":0.9,"publicationDate":"2018-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42772298","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}

{"title":"Do Shariah-compliant Companies Engage Lesser Earnings Management Behaviour?","authors":"Ibrahim Mohd Sabrun, R. Muhamad, Haslinda Yusoff, F. Darus","doi":"10.22452/AJBA.VOL11NO1.1","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.1","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to understand how reputation, finan- cial distress and financial performance influence Shariah-compliant companies into engaging earnings management behaviour. The financial data of 69 FTSE Bursa Malaysia 100 Index companies, dating 2010 to 2014 (five years), were analysed. \u0000Design/ Methodology/ Approach: This study uses the Modified Jones model (Jones, 1991; Dechow, Sloan, & Sweeney, 1996), Roychow- dhury’s model (2006) to examine earnings management behaviour of Shariah-compliant companies. \u0000Research findings: The results of this study suggest that company’s reputation, financial distress and financial performance are factors that can influence company’s earnings management behaviour and that Shariah values are ineffective in deterring the management from earnings management behaviour. \u0000Theoretical  contribution/  Originality:  The  findings  of  this   study contribute to the literature by showing that Shariah values may not be beneficial in shaping good business management and reporting practices. \u0000Practitioner/ Policy implications: The alarming results drawn from this study is a reason for policy setters and relevant accounting bodies to give more emphasis on developing better accounting and reporting policies. \u0000Research limitation: This study is limited to non-financial sectors due to measurement limitations. \u0000  \u0000Keywords: Earnings Management, Financial Distress, Financial Per- formance, Fraud Diamond Theory, Reputation, Shariah-compliant JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41973817","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}