Asian Journal of Business and Accounting最新文献

{"title":"Organisational Culture in Public Universities: Empirical Evidence","authors":"Hussein Issa","doi":"10.22452/AJBA.VOL12NO1.2","DOIUrl":"https://doi.org/10.22452/AJBA.VOL12NO1.2","url":null,"abstract":"Manuscript type: Research paper Research aims: This study aims to investigate organisational culture (OC) of public universities from the perspective of academic leadership. It examines the impact of organisational culture on transformational leadership. Design/Methodology/Approach: The Organisational Culture Assessment Instrument (OCAI) and The Multifactor Leadership Questionnaire (MLQ5x) are used as proxies for the variables tested. Data are collected from academic leaders attached to 18 public universities in Malaysia. Analysis is done using structural equation modelling (SEM). Research findings: The results suggest that academic leaders view the clan culture as the dominant workplace culture type. The clan culture is also the most prominent across the OC dimensions except for the dominant characteristics dimension, where the market culture is more distinct. The results also reveal that the effect of organisational culture on transformational leadership is significant. Theoretical contributions: This study fills the void in literature by showing how organisational culture is impacting transformational leadership within the education setting of developing countries. Since it is likely that different kinds of leadership behaviours are associated with different organisational cultures, it is also likely that the same may affect the Malaysian educational setting. Practitioner/Policy implications: The findings of this study are expected to facilitate the educational administrators in fine-tuning leadership behaviours through organisational culture. A match between these two dimensions should make the organisations more effective, thereby enabling administrators to improve the selection process of leaders and their future developments. Keywords: Organisational Culture, Malaysia, Leadership, Public Universities JEL Classification: M14","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46722728","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":"Effects of Transformational Leadership, Organisational Learning and Technological Innovation on Strategic Management Accounting in Thailand’s Financial Institutions","authors":"Kornchai Phornlaphatrachakorn","doi":"10.22452/AJBA.VOL12NO1.6","DOIUrl":"https://doi.org/10.22452/AJBA.VOL12NO1.6","url":null,"abstract":"Manuscript type: Research paper. Research aims: This study aims to investigate the effects of transformational leadership, organisational learning and technological innovation on strategic management accounting in Thailand’s financial institutions. Design/Methodology/Approach: Data were collected from 141 financial institutions in Thailand through a questionnaire survey. Hierarchical multiple regression analysis is conducted to examine the relationships. Research findings: The findings indicate that transformational leadership, organisational learning and technological innovation positively influence strategic management accounting. The results also indicate a positive relationship between strategic management accounting and firm performance. Theoretical contributions/Originality: This study expands on existing literature by investigating the role of transformational leadership, organisational learning and technological innovations as antecedents to the implementation of strategic management accounting. It thus extends on the applicability of strategic management accounting in helping financial institutions in Thailand to gain superior performance. Practitioner/Policy contributions: The results of this study suggest that executives of financial firms need to pay attention towards building and developing transformational leadership, organisational learning and technological innovation for strategic management accounting implementation. This can be achieved by leveraging on the firm’s competencies, capabilities, resources and assets. In other words, strategic management accounting can serve as a tool for organisations to gain a competitive edge in today’s dynamic business environment, thereby fulfilling firm performance. Research limitations/Implications: To increase the generalisability of this study, future research needs to collect data from a different set of population or country. This will help to expand on the database of the financial businesses throughout the world. \u0000Keywords: Transformational Leadership, Organisational Learning, Technological Innovation, Strategic Management Accounting, Firm Performance JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43745647","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":"Sustaining Lake Toba’s Tourism: Role of Creative Industry, Green Tourism Marketing and Tourism Experience","authors":"Prihatin Lumbaraja, Arlina Nurbaity Lubis, B. K. Hasibuan","doi":"10.22452/AJBA.VOL12NO1.9","DOIUrl":"https://doi.org/10.22452/AJBA.VOL12NO1.9","url":null,"abstract":"Manuscript type: Research paper. Research aims: This study aims to investigate the role of creative industry, green tourism marketing and tourist experience in building tourists’ satisfaction. Design/Methodology/Approach: Data were collected from 200 tourists who visited Lake Toba, Indonesia; and then analysed using structural equation modelling. Research findings: The findings indicate that green tourism marketing and creative industry are positively related to tourism experience. This study, however, does not find substantial evidence to support the direct relationship between green tourism marketing and creative industry with tourism satisfaction. Instead the relationship is mediated by tourism experience. Theoretical contribution/Originality: The findings indicate that green tourism marketing and creative industry are positively related to tourism experience. This study, however, does not find substantial evidence to support the direct relationship between green tourism marketing and creative industry with tourism satisfaction. Instead the relationship is mediated by tourism experience. Practitioner/Policy implications: This study provides insights for marketers and policy makers to better understand how tourism in Lake Toba can be sustained. It specifically highlights the role of creative tourism and green tourism marketing in creating exciting tourism experience and tourism satisfaction. This outcome is expected to facilitate tourism operators in sustaining their businesses and for policy makers to consider this as a strategy for decision-making. Research limitation: Since this study focusses on the Lake Toba tourism industry only, the generalisability of the findings may be biased. Therefore, future studies should incorporate a larger and more diverse set of samples. \u0000Keywords: Tourism Satisfaction, Tourism Experience, Creative Industries, Green Tourism Marketing, Developing Country, Indonesia JEL Classification: M3","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48095008","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":"Inflation Hedging Properties of Different Asset Classes in Malaysia","authors":"S. Lee, M. Isa","doi":"10.22452/AJBA.VOL12NO1.8","DOIUrl":"https://doi.org/10.22452/AJBA.VOL12NO1.8","url":null,"abstract":"Manuscript type: Research paper Research aims: The objective of this study is to examine the inflation hedging properties of various asset classes (stock, gold, real estate, Treasury bond and Treasury bill) in the Malaysian context. Design/Methodology/Approach: This is an empirical analysis using quarterly data from the period of 1980 to 2016. The Autoregressive Distributed Lag (ARDL) bounds cointegration model is used for testing the long-run relationship while the error correction model (ECM) is used for testing the short-run dynamics. Research findings: Our results show that stocks and government bonds in Malaysia can provide a complete hedge against inflation in the long-run while real estate shows partial hedging evidence. Gold and Treasury bills, however, are not inflation hedges. For the shortrun, stocks, gold and real estate show evidence of rapid adjustment to changes in inflation while government securities indicate a mild adjustment. Theoretical contributions/Originality: First, this study provides new evidence on inflation hedges from the perspective of an emerging market. Second, this study uses the ARDL and ECM approach to study the long-run and short-run dynamics of asset returns and inflation. This is in contrast to many previous studies that mainly used the Ordinary Least-Squares (OLS) analysis. Third, this study is important for the Malaysian market because previous studies in Malaysia had merely focussed on stock returns and inflation. This study broadens the scope by including different asset classes. Practitioner/Policy implications: The implication to investors and fund managers is that they should consider stocks, real estate and Treasury bonds in their investment portfolios, given that these asset returns offer satisfactory protection against inflation. Research limitations/Implications: The result discussed in this study may be specific to the data and methodology employed in the analysis; thus, it is not applicable to other periods nor other emerging markets. Future studies on inflation hedges may consider a comparative study of a cross-section of countries or use an expanded array of assets in the analysis. \u0000Keywords: Fisher Effect, Inflation Hedges, ARDL Bounds Tests, Malaysia JEL Classification: G12, G18","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44252113","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":"Risk Management Practices to Strengthen Public Sector Accountability","authors":"S. Rasid, B. A. Bakar, A. M. Rizal, S. Baskaran","doi":"10.22452/AJBA.VOL12NO1.1","DOIUrl":"https://doi.org/10.22452/AJBA.VOL12NO1.1","url":null,"abstract":"Manuscript type: Research paper Research aims: Risks can challenge the public sector’s service delivery system and growth sustainability. While the notion of modern accountability demands some display of risk management (RM) initiatives, less attention has been given to the impact of RM practices on organisational accountability as well as the effect of performance measurement system (PMS) use on RM practices. Drawing from the resource-based view, this study attempts to investigate the predictive effect of RM practices and (PMS) use on accountability by using a mediation framework. Design/Methodology/Approach: Cross-sectional survey is applied to collect data from the top management of the Malaysian Federal Statutory Bodies (FSBs). The research framework is tested by analysing the data of 110 Malaysian FSBs through the structural equation modelling technique (PLS-SEM). Research findings: The result of the study demonstrates that PMS use for monitoring and PMS use for attention-focusing have a significant positive effect on RM practices. Additionally, RM practices mediate the relationship between PMS use and accountability. Theoretical contribution/Originality: This paper is among the few to assess the effect of PMS use on RM practices and to determine the mediation effect of RM practices on the relationship between PMS use and accountability. Practitioner/Policy implication: These findings provide valuable insights for authorities in the public sector on the ways to enhance public sector governance through new mechanisms of accountability such as RM practices. Research limitation/Implication: This study uses a non-probability sampling. Considering the difference in design and use of control systems among the different sectors or industries, the results may not be generalised to other populations. However, the outcome of this study suggests that RM practices do strengthen public sector accountability with the appropriate use of the PMS. Keywords: Risk Management, Performance Measurement System, Accountability, Public Sector JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45763165","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":"Total Quality Management and the Role of Management Accountants on Organisational Performance: The Service Sector in Malaysia","authors":"Gheyath Ghassan, Ruhanita Maelah, A. Amir, Mohammed Fadhil Farhan","doi":"10.22452/ajba.vol12no2.6","DOIUrl":"https://doi.org/10.22452/ajba.vol12no2.6","url":null,"abstract":"Manuscript type: Research paper Research aims: This study examines the relationship between total quality management (TQM), the role of the management accountant and organisational performance among the service sector in Malaysia. Design/Methodology/Approach: This study collects data from 100 private service organisations in Malaysia via a self-administered printed questionnaire. Data collected are analysed using partial least squares (PLS) 3.0. Research findings: The results reveal that TQM has a positive significant impact on organisational performance. The TQM’s practice of focussing more on customers and the designing of services also show significant effects on organisational performance. This study finds that management accountants do not moderate the relationship between TQM and organisational performance. Theoretical contribution/Originality: This study expands the previous literature by examining the role of the management accountant as a moderator between TQM and organisational performance. Practitioner/Policy implications: The results derived from this study can be used to facilitate the application of TQM in service organisations so as to enhance their organisational performance. The findings can also assist managers in the service organisations to determine the functions of their management accountants because this can impact on the successful adoption of TQM. Research limitation/Implications: The limitations of this study includes its scope which is confined to only the service industry. Future research should expand further to cover other industries. Keywords: TQM, Organisational Performance, Role of the Management Accountant, Service JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":"12 1","pages":"147-178"},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43328704","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":"Investigating the Strategies for Supply Chain Agility and Competitiveness","authors":"S. Perera, C. Soosay, Sukhbir Sandhu","doi":"10.22452/AJBA.VOL12NO1.10","DOIUrl":"https://doi.org/10.22452/AJBA.VOL12NO1.10","url":null,"abstract":"Manuscript type: Research paper Research aims: This study explores the strategies that enable firms to establish supply chain agility and competitiveness in Australian manufacturing firms. Design/Methodology/Approach: Using a case study approach, interviews are conducted with eight Australian manufacturing firms. Underpinned by the dynamic capability perspective, data are then thematically analysed to derive the findings. Research findings: Agility strategies are based on collaborative efforts, requiring information sharing among firms in the supply chain and diversifying core competencies in a strategic manner to remain competitive. Theoretical contribution/Originality: This study shows how dynamic capabilities foster competitive advantage. It identifies both the strategic and operational agility which enable firms to respond to market changes and to remain competitive. Practitioner/Policy implication: The manufacturing industry in Australia is undergoing a transition where Australian manufacturers need to transform and be more agile by leveraging their competencies and supply chains collectively. Research limitation/implications: The results are based on a crosssectional study of firms identified from the Australian manufacturing industry. \u0000Keywords: Agility, Australian Manufacturing, Operations, Strategy, Supply Chains JEL Classification: I3, M14","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48927588","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 Joint Effect of Accounting Knowledge and Self-serving Attribution on the Voluntary Disclosure of Management Earnings Forecast","authors":"Kanjana Phonsumlissakul, Juthathip Audsabumrungrat, S. Durongwatana","doi":"10.22452/AJBA.VOL12NO1.4","DOIUrl":"https://doi.org/10.22452/AJBA.VOL12NO1.4","url":null,"abstract":"Manuscript type: Research paper Research aims: This study investigates the effect of accounting knowledge and self-serving attribution bias on the voluntary disclosure of management earnings forecast. Design/Methodology/Approach: An experimental design is conducted with 58 business programme graduate students. The participants are placed into two groups: low accounting knowledge and high accounting knowledge. The two groups are then randomly assigned to either the internal or external attribution condition. Research findings: The results show that managers with high accounting knowledge are more likely to issue management earnings forecasts than those with low accounting knowledge. This study, however, indicates that the willingness to disclose management earnings forecasts is not dependent on the self-serving attribution. Despite this, the findings illustrate that the joint effect of the accounting knowledge and self-serving attribution will influence the voluntary disclosure of management earnings forecast. Specifically, managers with low accounting knowledge are more likely to withhold information if the cause of the unfavourable performance is due to internal factors. In contrast, they are more willing to disclose their future earnings failure if it is due to external factors. This situation, nevertheless, does not apply to managers with high accounting knowledge who tend to issue future earnings information, regardless of the internal or external factor. Theoretical contributions/Originality: This study delineates the boundary effect of accounting knowledge and self-serving attribution on management disclosure decisions. The results of this study reveal that self-serving attribution bias influences managers’ level of willingness in voluntarily disclosing management earnings forecast, under unfavourable outcomes.Practitioner/Policy implication: The results of this study also reveal that high accounting knowledge can reduce the effect of self-serving attribution bias on managers’ judgment, thereby making it more practical for managers to acquire more accounting knowledge. Research limitation: This study treats the level of accounting knowledge based on the number of accounting courses taken by the participants rather than testing their accounting knowledge per se. Keywords: Management Earnings Forecast, Attribution Bias, Accounting Knowledge JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43194980","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":"Experimental Examination of the Relationship between Relative Performance Information, Goal Setting and Performance","authors":"Theodorus Radja Ludji","doi":"10.22452/AJBA.VOL11NO2.7","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO2.7","url":null,"abstract":"Manuscript type: Research paper. Research aims: This study experimentally examines the relationship between relative performance information (RPI), goal setting and performance. Hypotheses are developed based on social comparison theory, goal setting theory and relevant prior studies. Design/Methodology/Approach: This study deploys multiple sessions of experiments with 110 undergraduate students as the participants. The two manipulated variables are the provision of RPI and the level of goal difficulty. Research findings: Results from the experiment indicate that the presence of RPI is positively associated with performance, and an attainable goal is associated with high goal commitment and eventually, higher performance. More importantly, this study finds an interaction between RPI and goal commitment, where the positive effect of RPI on performance is more pronounced in a condition where individual’s goal commitment is high. Theoretical contributions/Originality: This study contributes to the accounting literature by providing empirical evidence that the positive effect of RPI on performance can be enhanced to a greater degree by individual’s high commitment towards the assigned goal. Practitioner/Policy implications: This study has a practical implication by providing empirical evidence on how RPI and goal setting can be used strategically by firms to escalate employee’s performance. Research limitations/Implications: Limitations related to the types of RPI, goal levels and experiment task applied. Future studies may address these limitations and use a different type of task that is more closely associated with the current workplace situation. Keywords: Relative Performance Information, Goal Setting, Performance, Experimental ExaminationJEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49129427","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":"Islamic Religiosity and Its Influence on Muslim Students’ Travel Preferences","authors":"S. Moghavvemi, G. Musa","doi":"10.22452/AJBA.VOL11NO2.10","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO2.10","url":null,"abstract":"Manuscript type: Research paper Research aims: This paper aims to examine the relationship between Islamic religiosity and preferences towards Islamic tourism products and services. This paper also compares Islamic tourism product and service preferences between Iranian and Malay university students. Design/Methodology/Approach: Using the online survey method, this study collects data from 422 Malay and Iranian university students. The collected data are then analysed using structural equation modelling (SEM). Research findings: The findings indicate that Islamic religiosity plays a significant role in determining Islamic travel preferences. While Malays reported higher levels of Islamic religiosity, the Iranians are more influenced by their religiosity when deciding on travel preferences. Theoretical contributions/Originality: Despite literature indicating that there is an interaction between religion and tourism, the effect of Islamic attributes on destination choices remains fragmented. Aiming to close this gap, this study examines and compares the influence of Islamic religiosity on Muslim travel preferences by comparing the Malay and Iranian students. Practitioner/Policy implications: The findings imply that service providers should be mindful of the different levels and influences of Islamic religiosity on Islamic travel preferences when designing tourism products and offering services to both markets. Research limitation/Implications: This study limits the comparison to only Iranian and Malay students, thereby suggesting that future research could include more diverse samples of Muslim students including those from non-Muslim countries. Keywords: Islamic Religiosity, Islamic Beliefs, Islamic Practices, Islamic Travel Preferences, Structural Equation ModellingJEL Classification: M3","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46999866","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}