Template-Type: ReDIF-Article 1.0 Author-Name: Ruth W. Epps Author-X-Name-First: Ruth W. Author-X-Name-Last: Epps Author-Name: Cynthia P. Guthrie Author-X-Name-First: Cynthia P. Author-X-Name-Last: Guthrie Title: Sarbanes-Oxley 404 material weaknesses and discretionary accruals Abstract: This study investigates whether having a Sarbanes-Oxley Section 404 [SOX 404] material weakness allows managers of these companies to manipulate earnings to a greater extent using discretionary accruals than managers of companies with no SOX 404 material weaknesses. The study focuses on a sample of 218 companies that disclosed at least one material weakness in internal control in their 2004 SEC filings. The discretionary accruals of companies with material weaknesses are paired with companies with no material weaknesses reported in their 10K filings during the same time period. We examine the relationship of reported SOX 404 weaknesses with the behavior of discretionary accruals for the overall sample of companies and for discretionary accruals partitioned according to the greatest magnitudes, both positive and negative. The accruals are categorized into three groups: (1) high negative discretionary accruals, (2) high positive discretionary accruals and (3) low discretionary accruals. Our finding for the entire sample of 436 companies indicates that the presence of SOX 404 material weaknesses has a moderate significant negative effect (income-decreasing) on discretionary accruals. However, when the accruals are stratified into high positive, negative and low accruals, the overall findings of the research indicate that the existence of material weaknesses allows for greater manipulation of earnings using discretionary accruals regardless of the direction – income-increasing or income-decreasing. Journal: Accounting Forum Pages: 67-75 Issue: 2 Volume: 34 Year: 2010 Month: 6 X-DOI: 10.1016/j.accfor.2008.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:2:p:67-75 Template-Type: ReDIF-Article 1.0 Author-Name: Corinne L. Cortese Author-X-Name-First: Corinne L. Author-X-Name-Last: Cortese Author-Name: Helen J. Irvine Author-X-Name-First: Helen J. Author-X-Name-Last: Irvine Author-Name: Mary A. Kaidonis Author-X-Name-First: Mary A. Author-X-Name-Last: Kaidonis Title: Powerful players: How constituents captured the setting of IFRS 6, an accounting standard for the extractive industries Abstract: This paper illustrates the influence of powerful players in the setting of IFRS 6, a new International Financial Reporting Standard (IFRS) for the extractive industries. A critical investigative inquiry of the international accounting standard setting process, using Critical Discourse Analysis (CDA), reveals some of the key players, analyses the surrounding discourse and its implications, and assesses the outcomes. An analysis of small cross-section of comment letters submitted to the International Accounting Standards Committee (IASC) by one international accounting firm, one global mining corporation and one industry group reveal the hidden coalitions between powerful players. These coalitions indicate that the regulatory process of setting IFRS 6 has been captured by powerful extractive industries constituents so that it merely codifies existing industry practice. Journal: Accounting Forum Pages: 76-88 Issue: 2 Volume: 34 Year: 2010 Month: 6 X-DOI: 10.1016/j.accfor.2008.11.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.11.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:2:p:76-88 Template-Type: ReDIF-Article 1.0 Author-Name: Catriona Paisey Author-X-Name-First: Catriona Author-X-Name-Last: Paisey Author-Name: Nicholas J. Paisey Author-X-Name-First: Nicholas J. Author-X-Name-Last: Paisey Title: Developing skills via work placements in accounting: Student and employer views Abstract: This paper evaluates the development of skills during a work placement year within a Scottish accounting degree. It discusses the history of placements within higher education, the advantages and disadvantages of placements from student and employer perspectives, and work placement as a vehicle for developing personal transferable skills. Students and employers involved in work placements agreed that they were effective in developing a range of skills. Their views were then compared with those of students at a similar university without a placement degree. Degrees including a work placement were found to be a useful complement to more traditionally structured degrees. Journal: Accounting Forum Pages: 89-108 Issue: 2 Volume: 34 Year: 2010 Month: 6 X-DOI: 10.1016/j.accfor.2009.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:2:p:89-108 Template-Type: ReDIF-Article 1.0 Author-Name: Kelvin Mataira Author-X-Name-First: Kelvin Author-X-Name-Last: Mataira Author-Name: Karen A. Van Peursem Author-X-Name-First: Karen A. Author-X-Name-Last: Van Peursem Title: An examination of disciplinary culture: Two professional accounting associations in New Zealand Abstract: The purpose of this project is to evaluate the disciplinary culture of two professional accounting associations. The study is concerned with teasing out distinctions between associations that are, in other and more apparent respects, quite similar. The contribution is in considering the implications of that which may be otherwise obscured within normative isomorphic practices. The associations – the Institute of Chartered Accountants of New Zealand (NZICA) and CPA Australia (CPAA) – both operate in New Zealand. Using a textual analysis, all text they publish pertaining to professional sanction is analysed and classified into social categories. This is made possible by using Hart's (2001) DICTION package which has been applied to similar purpose in studies primarily outside accounting. The years 1992–2002 are used to represent lesser-regulated eras. We look to the sociology of professions and to Fairclough's (1995) reflections on discourse and semiotics to derive cultural implications from the ‘tone’ and ‘force’ of language used. Conclusions are drawn as to the implications of distinctions found. Journal: Accounting Forum Pages: 109-122 Issue: 2 Volume: 34 Year: 2010 Month: 6 X-DOI: 10.1016/j.accfor.2010.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:2:p:109-122 Template-Type: ReDIF-Article 1.0 Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Title: Accounting for the environment: Towards a theoretical perspective for environmental accounting and reporting Abstract: This article develops a multilayered theoretical model to underpin environmental accounting and reporting (severe environmental dangers; corporate responsibility; new relationship between industry and environment; measure industry's impact, and disclose and report impact). This theoretical model has eight premises. It begins with the fundamental premise that environmental change puts the planet at risk. Given that industry has a great impact on the environment and that society legitimates industry it is argued that industry has a duty to act. As the present situation appears to put the planet in jeopardy, there is a need for a new relationship between industry and the environment. It is argued that, although there should be a long-term radical reorientation, in the immediate short-term sustainable development should be the target. There is a need for a measurement system to assess industry's impact, but current accounting is inadequate for a variety of reasons (e.g., monetary dependence, capitalist orientation, business focus, reliance on neoclassical economics, numerical quantification, and technical accounting practices). There is thus a need for a new holistic accounting which captures corporate environmental impacts. Finally, it is argued that companies because of their stewardship function should report their environmental accounting to their stakeholders. There are several implications from the acceptance of this theoretical model for organisations and accountants. First, at the general level, given the severity of the environmental problems which face us, it would seem prudent for managers and accountants to take immediate action to address these threats. Second, the traditional accounting paradigm with its narrow focus on accounting numbers does not capture the environmental consequences of organisational activity. Third, as part of innovation and experimentation there is a continued need to explore potential alternative monetary and non-monetary valuation systems. Finally, the theoretical framework implies that as part of their discharge of their stewardship function organisations should disclose their environmental performance to stakeholders. Journal: Accounting Forum Pages: 123-138 Issue: 2 Volume: 34 Year: 2010 Month: 6 X-DOI: 10.1016/j.accfor.2010.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:2:p:123-138 Template-Type: ReDIF-Article 1.0 Author-Name: Stephen Owusu-Ansah Author-X-Name-First: Stephen Author-X-Name-Last: Owusu-Ansah Author-Name: Stergios Leventis Author-X-Name-First: Stergios Author-X-Name-Last: Leventis Author-Name: Constantinos Caramanis Author-X-Name-First: Constantinos Author-X-Name-Last: Caramanis Title: The pricing of statutory audit services in Greece Abstract: In this study, we investigate the determinants of corporate audit fees following the liberalization of the statutory audits market in Greece. Though the Greek statutory audits market is liberalized, it is relatively less matured, less competitive and, non- or less-litigious compared to those in the U.K. and U.S. Using data on fees paid to external auditors by 145 companies listed on the Athens Stock Exchange as of December 2000, we note that our results are similar to those of many prior studies conducted on matured, competitive, litigious audit environments. Specifically, we find that the size of an auditee, the number of hours spent on a particular audit engagement, the size of an audit firm and the financial condition of the auditee have positive and significant influence on the amount of fees charged by auditors. In addition, we find that auditor change has a significant negative effect on audit fees, especially in the large auditee segment of the market. Further, as our additional analysis shows, we document that audit fees and audit hours are endogenously related. We perform several sensitivity tests, the results of which suggest that our primary results are robust. Journal: Accounting Forum Pages: 139-152 Issue: 2 Volume: 34 Year: 2010 Month: 6 X-DOI: 10.1016/j.accfor.2010.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:2:p:139-152 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC - Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 2 Volume: 34 Year: 2010 Month: 6 X-DOI: 10.1016/S0155-9982(10)00016-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(10)00016-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:2:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Alexandros Gasparatos Author-X-Name-First: Alexandros Author-X-Name-Last: Gasparatos Author-Name: Mohamed El-Haram Author-X-Name-First: Mohamed Author-X-Name-Last: El-Haram Author-Name: Malcolm Horner Author-X-Name-First: Malcolm Author-X-Name-Last: Horner Title: The argument against a reductionist approach for measuring sustainable development performance and the need for methodological pluralism Abstract: Both sustainability and sustainable development continue to remain elusive concepts even now, 20 years after the Brundtland Commission report that brought them into prominence. This situation most likely stems from the fact that sustainability science encompasses the need to address a wide set of issues over different time and spatial scales and thus inevitably accommodates opinions from diverse branches of knowledge and expertise. However, despite this multitude of perspectives, progress towards sustainability is usually assessed through the development and utilisation of single sustainability metrics such as monetary tools, composite sustainability indices and biophysical metrics including emergy, exergy and the ecological footprint. But is it really justifiable to assess the progress towards sustainability by using single metrics? This paper argues that such a choice seems increasingly unjustifiable not least due to these metrics’ methodological imperfections and limits. Additionally, our recent awareness of economies, societies and ecosystems as complex adaptive systems that cannot be fully captured through a single perspective further adds to the argument. Failure to describe these systems in a holistic manner through the synthesis of their different non-reducible and perfectly legitimate perspectives amounts to reductionism. An implication of the above is the fact that not a single sustainability metric at the moment can claim to comprehensively assess sustainability. In the light of these findings this paper proposes that the further elaboration and refinement of current metrics is unlikely to produce a framework for assessing the progress towards sustainability with a single metric. Adoption of a diverse set of metrics seems more likely to be the key for more robust sustainability assessments. This methodological pluralism coupled with stakeholder involvement seems to offer a better chance of improving the outcome of the decision making process. Journal: Accounting Forum Pages: 245-256 Issue: 3 Volume: 33 Year: 2009 Month: 9 X-DOI: 10.1016/j.accfor.2008.07.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:3:p:245-256 Template-Type: ReDIF-Article 1.0 Author-Name: Bob Frame Author-X-Name-First: Bob Author-X-Name-Last: Frame Author-Name: Jo Cavanagh Author-X-Name-First: Jo Author-X-Name-Last: Cavanagh Title: Experiences of sustainability assessment: An awkward adolescence Abstract: Accounting for sustainability is approaching its (metaphoric) teenage years – keen to assert independence, yet still reliant on the security of its background disciplines and not quite mature enough to make its own judgements. One example is the Sustainability Assessment Model, a full-cost-accounting tool that monetizes externalities. This paper examines its application in case studies where it faced issues over assessment boundaries, data limitations, and stakeholder engagement. There is much development needed, especially around engagement and externalities, before such techniques can achieve independent lives of their own away from their research-based caregivers. Journal: Accounting Forum Pages: 195-208 Issue: 3 Volume: 33 Year: 2009 Month: 9 X-DOI: 10.1016/j.accfor.2008.07.007 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:3:p:195-208 Template-Type: ReDIF-Article 1.0 Author-Name: Shona L. Russell Author-X-Name-First: Shona L. Author-X-Name-Last: Russell Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Title: Analysing the role of sustainable development indicators in accounting for and constructing a Sustainable Scotland Abstract: The main objective of this paper was to analyse how sustainable development indicators impacted upon the integration of sustainable development into the governing of Scotland. A major concern was whether an accounting technology could represent this complex multi-dimensional and interdisciplinary concept. We analysed the relationship between the official sustainable development strategy of the Scottish Executive and the associated indicator set using an analytics of government framework (Dean, M. (1999). Governmentality: Power and rule in modern society. London: Sage Publications. Dean, M. (2007). Governing societies. Berkshire: Open University Press). We observed a lack of alignment between these sustainable development indicators and the visions, fields of visibilities, forms of knowledge and techniques of government contained in this strategy. Critical aspects of this strategy were omitted from the indicator set and we argue that these indicators did not to effectively measure progress towards a Sustainable Scotland but that they could calculatively capture and distort the sustainable development governing process. The analytical framework used allowed us to problematise these indicators and contribute to a wider discourse on the composition and nature of sustainable development indicators. Journal: Accounting Forum Pages: 225-244 Issue: 3 Volume: 33 Year: 2009 Month: 9 X-DOI: 10.1016/j.accfor.2008.07.008 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:3:p:225-244 Template-Type: ReDIF-Article 1.0 Author-Name: Jan Bebbington Author-X-Name-First: Jan Author-X-Name-Last: Bebbington Title: Measuring sustainable development performance: Possibilities and issues Journal: Accounting Forum Pages: 189-193 Issue: 3 Volume: 33 Year: 2009 Month: 9 X-DOI: 10.1016/j.accfor.2008.09.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.09.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:3:p:189-193 Template-Type: ReDIF-Article 1.0 Author-Name: Yangang Xing Author-X-Name-First: Yangang Author-X-Name-Last: Xing Author-Name: R. Malcolm W. Horner Author-X-Name-First: R. Malcolm W. Author-X-Name-Last: Horner Author-Name: Mohamed A. El-Haram Author-X-Name-First: Mohamed A. Author-X-Name-Last: El-Haram Author-Name: Jan Bebbington Author-X-Name-First: Jan Author-X-Name-Last: Bebbington Title: A framework model for assessing sustainability impacts of urban development Abstract: Urban man-made assets have impacts not just on those who develop, build and operate them, but on people who may be quite remote from them. For example, the impact of a building on greenhouse gas emissions arising from fossil fuel use, pollution caused by travel to work patterns and employment opportunities provided by urban developments may be far removed from their immediate locality. There is a growing recognition of the need to internalize these external costs and benefits in accountancy frameworks, drawing on experiences in accounting for sustainable development. This desire, however, presents major challenges in identifying, evaluating and allocating the external environmental, social and economic costs and benefits of an urban environment. This paper reports on the development of an Urban Development Sustainability Assessment Model (UD-SAM) which allows decision makers to identify sustainability indicators (economic, environmental and social) and which may lead to more holistic evaluation of the sustainability impact of elements of the urban environment. The UD-SAM builds on a sustainability assessment model (SAM) developed originally in the oil industry. This paper describes how SAM has been tailored for the construction industry and urban sustainability assessment, and how a set of generic sustainable development indicators have been identified and validated by stakeholders. Journal: Accounting Forum Pages: 209-224 Issue: 3 Volume: 33 Year: 2009 Month: 9 X-DOI: 10.1016/j.accfor.2008.09.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.09.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:3:p:209-224 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC - Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 33 Year: 2009 Month: 9 X-DOI: 10.1016/S0155-9982(09)00023-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(09)00023-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Social and Environmental Accounting and Reporting in Emerging and Less Developed Countries Journal: Accounting Forum Pages: 236-236 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:236-236 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: Smoke and mirrors: Corporate social responsibility and tax avoidance Abstract: The bourgeoning corporate social responsibility literature has paid little attention to organised tax avoidance by companies even though it has real consequences for the life chances of millions of people. Companies legitimise their social credentials by making promises of responsible and ethical conduct, but organisational culture and practices have not necessarily been aligned with publicly espoused claims. This paper draws attention to the gaps between corporate talk, decisions and action, or what may be characterised as organised hypocrisy. Its persistence can become a liability and threaten the welfare of the company, its employees and its executives. The paper provides examples to show how companies, including major accountancy firms, make promises of responsible conduct, but indulge in tax avoidance and evasion. It also shows that the exposure of contradictions between talk and action has yielded negative outcomes. Journal: Accounting Forum Pages: 153-168 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:153-168 Template-Type: ReDIF-Article 1.0 Author-Name: Suresh Cuganesan Author-X-Name-First: Suresh Author-X-Name-Last: Cuganesan Author-Name: James Guthrie Author-X-Name-First: James Author-X-Name-Last: Guthrie Author-Name: Leanne Ward Author-X-Name-First: Leanne Author-X-Name-Last: Ward Title: Examining CSR disclosure strategies within the Australian food and beverage industry Abstract: This study examines intra-industry variation in CSR disclosure practice. Specifically, it investigates whether companies from industry sub-sectors with different CSR profiles have varying patterns of CSR disclosure. The industry analysed is the Australian food and beverage industry. The paper finds that companies from industry sub-sectors with higher CSR profiles engage in greater ‘symbolic’ disclosures. Further, the relationship between CSR profile and disclosure strategy was found to be influenced also by the centrality of the CSR issue under examination to the company's business. While the small sample size limits generalisability, these findings have implications for both CSR research and practice. Journal: Accounting Forum Pages: 169-183 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:169-183 Template-Type: ReDIF-Article 1.0 Author-Name: Silvano Corbella Author-X-Name-First: Silvano Author-X-Name-Last: Corbella Author-Name: Cristina Florio Author-X-Name-First: Cristina Author-X-Name-Last: Florio Title: Issues arising for accounting harmonization: The case of stock options in Italy Abstract: In Italy, national generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS) regulations coexist, despite differences that lead to their antagonist forms of accounting relativism. In this context, the two accounting systems provide for different representations of stock options plans, with significant effects on year-end income measures. This study therefore considers the emblematic case of stock options with the goal of demonstrating, on the basis of the dominant accounting principles and conventional wisdom in Italy, that the aforementioned difference cannot be explained by reasons connected with the accounting conceptual framework of reference in each system. Rather, inquiries should focus on weaknesses in national GAAP. Journal: Accounting Forum Pages: 184-195 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:184-195 Template-Type: ReDIF-Article 1.0 Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Edward Lee Author-X-Name-First: Edward Author-X-Name-Last: Lee Author-Name: George Katechos Author-X-Name-First: George Author-X-Name-Last: Katechos Author-Name: Nick Tsitsianis Author-X-Name-First: Nick Author-X-Name-Last: Tsitsianis Title: Corporate strategy financialized: Conjuncture, arbitrage and earnings capacity in the S&P500 Abstract: The conjuncture that ushered in the era of shareholder value served to embed capital market expectations into corporate governance aligning management and shareholder interests. Market arbitrage focussed on modifying contractual relations with stakeholders to extract a (higher) return on invested capital. In this article we focus on cash earnings on capital employed generated by the S&P 500 survivor group of firms covering the period 1990–2008. We use this financial data to construct three complementary perspectives on corporate financial performance: firm, firm-relative and macro. Within this framework the financial numbers and perspectives are analogous to a ‘hall of mirrors’ where ambiguity and contradiction are in play frustrating straightforward performative narratives that connect purpose with financial transformation an era of shareholder value. Journal: Accounting Forum Pages: 211-221 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.08.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.08.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:211-221 Template-Type: ReDIF-Article 1.0 Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: Did Berle and Means get it wrong? Reflections on Thorstein Veblen, Paul Samuelson, and ‘Corporate Strategy Financialized’ Abstract: This article has two main aims. One is to reconcile Berle and Means’ conclusions in 1932 about management control in large US corporations with the earlier views of Thorstein Veblen, who from much the same starting point reached a seemingly contrary position. The explanation offered in terms of changes in financial control puts many subsequent developments in a different light. The other aim, drawing on the views of Paul Samuelson about product market competition, is to question the precise contribution of the ‘financialization of corporate strategy’ to the institution of ‘the era of shareholder value’. Journal: Accounting Forum Pages: 222-227 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.08.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.08.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:222-227 Template-Type: ReDIF-Article 1.0 Author-Name: David Hatherly Author-X-Name-First: David Author-X-Name-Last: Hatherly Title: A commentary on ‘Corporate strategy financialized: Conjuncture, arbitrage and earnings capacity in the S&P 500’ Journal: Accounting Forum Pages: 228-230 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.08.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.08.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:228-230 Template-Type: ReDIF-Article 1.0 Author-Name: Janek Ratnatunga Author-X-Name-First: Janek Author-X-Name-Last: Ratnatunga Author-Name: Erwin Waldmann Author-X-Name-First: Erwin Author-X-Name-Last: Waldmann Title: Transparent Costing: Has the emperor got clothes? Abstract: Transparent Costing (TC) is a framework for determining the full indirect costs and thereby the full costs (FC) of Australian Competitive Grant (ACG) research projects; with the objective of ensuring the full funding of these projects by the government, so that they could be sustained in the long-run, and preventing their cross-subsidisation from other revenue sources. If a university wishes to be fully funded for its AGC research projects, it is mandatory to undertake a TC exercise and allocate the indirect costs of research activities. It was found in this study that whilst the objectives of FC appear worthwhile, FC may not prevent the practice of cross subsidisation. Also whilst it was found that Time-Driven Activity-Based Costing (TDABC) is preferable to ABC in the TC modelling of ‘research only’ departments and institutes; both approaches do not provide accurate information in ‘teaching and research’ departments. In these departments more accurate estimations could be obtained from studying the workload allocation methods and conducting direct interviews of the staff undertaking research on ACG and other externally funded grants. Journal: Accounting Forum Pages: 196-210 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.08.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.08.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:196-210 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Interpretive accounting research Journal: Accounting Forum Pages: 231-235 Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/j.accfor.2010.08.007 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.08.007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:231-235 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3-4 Volume: 34 Year: 2010 Month: 9 X-DOI: 10.1016/S0155-9982(10)00039-6 File-URL: http://hdl.handle.net/10.1016/S0155-9982(10)00039-6 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:3-4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Patricia J. Arnold Author-X-Name-First: Patricia J. Author-X-Name-Last: Arnold Author-Name: Terrie C. Reeves Author-X-Name-First: Terrie C. Author-X-Name-Last: Reeves Title: Global trade and the future of national health care reform Abstract: As a result of economic globalization, health care reform is no longer strictly a matter of domestic health policy and politics. This paper argues that international trade agreements impose institutional constraints on governments’ abilities to implement health care reform, and, if left unchallenged, could frustrate social reforms. The thesis is developed through three case studies that examine the implications of various trade agreements for health care reform in the United States, Canada, and Australia. The findings are discussed in the context of theoretical debates concerning the impact of globalization on the autonomy of nation states and the relevance of national politics. Journal: Accounting Forum Pages: 325-340 Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/j.accfor.2006.08.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:325-340 Template-Type: ReDIF-Article 1.0 Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Neil Marriott Author-X-Name-First: Neil Author-X-Name-Last: Marriott Title: Accounting for reform: Funding and transformation in the four nation’s hospital services Abstract: The NHS Plan revealed New Labour’s objective to increase funding in the four nation’s hospital services in England, Northern Ireland, Scotland and Wales. Although each country has installed its own institutional arrangements, organisation structures and funding models for the provision of hospital resources and services there are a series of common objectives. These were to increase funding to reduce uncertainty and couple additional funding with reform(s) that would boost capacity to treat patients. In this paper, we reveal that additional hospital funding has not delivered robust financials in the four nation’s hospital sector and that physical transformation is limited and fragile. Our argument is that the logic(s) shaping the policy prescription for the NHS and outlined in the NHS Plan failed to take into account the activity characteristics governing hospital healthcare. Hospital healthcare is delivered in a complex financial, physical, clinical and demographic matrix where the connection between policy and intended outcomes are not straightforward. Journal: Accounting Forum Pages: 389-405 Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/j.accfor.2006.08.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:389-405 Template-Type: ReDIF-Article 1.0 Author-Name: Mike Dent Author-X-Name-First: Mike Author-X-Name-Last: Dent Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Title: Delivering patient choice in English acute hospital trusts Abstract: The role of the patient within the NHS has changed from supplicant to consumer to active participant. A demand-side patient-led approach is combining quasi-consumerism and participative democracy to inform and facilitate patient choice. On the supply-side funding and incentives coupled to reform and performance will deliver additional hospital capacity and patient choice. This paper argues from both a demand and supply-side perspective that there is a large gap between the rhetoric and reality of delivering patient choice in acute hospitals. Journal: Accounting Forum Pages: 359-376 Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/j.accfor.2006.08.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:359-376 Template-Type: ReDIF-Article 1.0 Author-Name: Ciorstan Smark Author-X-Name-First: Ciorstan Author-X-Name-Last: Smark Title: Costing schizophrenia Abstract: This article looks at a particular subset of mental illness in Australia: schizophrenia, and reflects on how the direct costs that fall within the parametres of the health budget are privileged (inscribed), compared to how indirect costs that fall outside this boundary fail to be inscribed appropriately. This article concludes that, from a social accounting point of view, this boundary is arbitrary and an example of poor accounting. Journal: Accounting Forum Pages: 341-358 Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/j.accfor.2006.08.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:341-358 Template-Type: ReDIF-Article 1.0 Author-Name: Gwen Hannah Author-X-Name-First: Gwen Author-X-Name-Last: Hannah Author-Name: Colin Dey Author-X-Name-First: Colin Author-X-Name-Last: Dey Author-Name: David Power Author-X-Name-First: David Author-X-Name-Last: Power Title: Trust and distrust in a network-style organisation: GPs’ experiences and views of a Scottish local healthcare co-operative Abstract: This paper considers the conditions needed for an organisation to function as an effective network. In particular, the concepts of trust and distrust are explored. Looking at the new labour reforms of 1997, evidence is presented by means of interview responses from GPs, that this powerful group in primary health care lacked sufficient trust in health care managers. In fact GPs seemed to often distrust them. It is unlikely, therefore, that a Scottish local health care co-operative, created as a result of the 1997 reforms to act as an interface between GPs and health care managers could be effective in allocating health care resources. As a result, the reforms did little to improve primary health care services in Scotland despite the increased funding allocated over recent years to this sector. Journal: Accounting Forum Pages: 377-388 Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/j.accfor.2006.08.007 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:377-388 Template-Type: ReDIF-Article 1.0 Author-Name: C. Haslam Author-X-Name-First: C. Author-X-Name-Last: Haslam Author-Name: G. Lehman Author-X-Name-First: G. Author-X-Name-Last: Lehman Title: Accounting for healthcare: Reform and outcomes Journal: Accounting Forum Pages: 319-323 Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/j.accfor.2006.08.008 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:319-323 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Advisory Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/S0155-9982(06)00064-0 File-URL: http://hdl.handle.net/10.1016/S0155-9982(06)00064-0 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Volume Contents Journal: Accounting Forum Pages: iii-iv Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/S0155-9982(06)00069-X File-URL: http://hdl.handle.net/10.1016/S0155-9982(06)00069-X File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:iii-iv Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Author Index Journal: Accounting Forum Pages: v-v Issue: 4 Volume: 30 Year: 2006 Month: 12 X-DOI: 10.1016/S0155-9982(06)00070-6 File-URL: http://hdl.handle.net/10.1016/S0155-9982(06)00070-6 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:4:p:v-v Template-Type: ReDIF-Article 1.0 Author-Name: Indra Abeysekera Author-X-Name-First: Indra Author-X-Name-Last: Abeysekera Title: Motivations behind human capital disclosure in annual reports Abstract: Although much has been discussed about voluntary disclosure of human capital in annual reports there has been limited examination of the motivations behind such disclosure. This study uses the perspective of the political economy of accounting to understand motivations. Using the method of content analysis, this paper examines human capital disclosure practices in annual reports of a sample of firms in Sri Lanka, a developing nation. Eleven case study interviews from the sample explore the motivations behind the disclosure practices of firms. Findings reveal that firms use disclosure to reduce tension between firms and their constituents, in the interest of further capital accumulation. Journal: Accounting Forum Pages: 16-29 Issue: 1 Volume: 32 Year: 2008 Month: 3 X-DOI: 10.1016/j.accfor.2006.11.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.11.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:1:p:16-29 Template-Type: ReDIF-Article 1.0 Author-Name: James Guthrie Author-X-Name-First: James Author-X-Name-Last: Guthrie Author-Name: Suresh Cuganesan Author-X-Name-First: Suresh Author-X-Name-Last: Cuganesan Author-Name: Leanne Ward Author-X-Name-First: Leanne Author-X-Name-Last: Ward Title: Industry specific social and environmental reporting: The Australian Food and Beverage Industry Abstract: Regulators and other industry associations have recognised the importance of considering the industry setting when determining social and environmental (SE) policy and reporting requirements. However, social and environmental impacts vary greatly from industry to industry. Journal: Accounting Forum Pages: 1-15 Issue: 1 Volume: 32 Year: 2008 Month: 3 X-DOI: 10.1016/j.accfor.2007.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:1:p:1-15 Template-Type: ReDIF-Article 1.0 Author-Name: Bruce Runyan Author-X-Name-First: Bruce Author-X-Name-Last: Runyan Author-Name: Katherine T. Smith Author-X-Name-First: Katherine T. Author-X-Name-Last: Smith Author-Name: L. Murphy Smith Author-X-Name-First: L. Murphy Author-X-Name-Last: Smith Title: Implications of Web assurance services on e-commerce Abstract: The ongoing rapid growth in the popularity of the Internet is having a revolutionary impact on the way companies do business. Doing business online has become a necessity, not an option. However, some consumers are not completely comfortable using the Internet for transacting business because of concerns regarding security of their transactions. For these situations, consumer trust and confidence can be enhanced by a Web assurance service such as AICPA Trust Services. Building on prior studies, the study provides comprehensive information on current reporting requirements, differences among Web assurance services, and results of a recent consumer survey to obtain perceptions of Web assurance services. The theoretical foundation of the current study is based on the Assurance Gaps Model [Burke, K. G., Kovar, S. E., & Prenshaw, P. J. (2004). Unraveling the Expectations Gap: An Assurance Gaps Model and illustrative application. Advances in Accounting Behavioral Research, 7, 169–193]. E-business consumers (users of Web assurance services) can be dichotomized into older consumers and younger consumers, who have different expectations based on information asymmetries. Findings indicate that consumers value Web Assurance services, but younger consumers place greater value on these services than older consumers. Journal: Accounting Forum Pages: 46-61 Issue: 1 Volume: 32 Year: 2008 Month: 3 X-DOI: 10.1016/j.accfor.2007.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:1:p:46-61 Template-Type: ReDIF-Article 1.0 Author-Name: Mathew Tsamenyi Author-X-Name-First: Mathew Author-X-Name-Last: Tsamenyi Author-Name: Irvan Noormansyah Author-X-Name-First: Irvan Author-X-Name-Last: Noormansyah Author-Name: Shahzad Uddin Author-X-Name-First: Shahzad Author-X-Name-Last: Uddin Title: Management controls in family-owned businesses (FOBs): A case study of an Indonesian family-owned University Abstract: This paper reports on the results of a case study of management controls in an Indonesian family-owned University. The paper attempts to understand the nature and dynamics of management controls in the operations of the University. Data for the analyses are gathered from multiple sources including document analysis, observations and semi-structured interviews. The findings of the case study showed that culture and social relations are very instrumental in the management of the University [Ansari, S. L., & Bell, J. (1991). Symbolism, collectivism and rationality in organizational control. Accounting, Auditing and Accountability Journal, 4(2), 4–27]. Decisions such as recruitment, rewards, performance evaluation, and resource allocations are often made in cognizance of social and cultural factors. The strong influence of culture and social relations in the organization thus made formal management controls less relevant. These findings have implications for understanding management controls in FOBs especially in the developing world. Journal: Accounting Forum Pages: 62-74 Issue: 1 Volume: 32 Year: 2008 Month: 3 X-DOI: 10.1016/j.accfor.2006.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:1:p:62-74 Template-Type: ReDIF-Article 1.0 Author-Name: Marta Silva Guerreiro Author-X-Name-First: Marta Silva Author-X-Name-Last: Guerreiro Author-Name: Lúcia Lima Rodrigues Author-X-Name-First: Lúcia Lima Author-X-Name-Last: Rodrigues Author-Name: Russell Craig Author-X-Name-First: Russell Author-X-Name-Last: Craig Title: The preparedness of companies to adopt International Financial Reporting Standards: Portuguese evidence Abstract: This paper uses ordinal regression, structural equation modelling, and multivariate analysis techniques to investigate the preparedness to adopt IFRS that was exhibited by listed Portuguese companies in August 2003. We find the level of preparedness was significantly associated with company size, commercial internationalization, audit by a ‘Big 4’ accounting firm, and profitability. Our findings will help to indicate the pre-conditions that are likely to spur lagging companies (and countries) to prepare to implement IFRS. Journal: Accounting Forum Pages: 75-88 Issue: 1 Volume: 32 Year: 2008 Month: 3 X-DOI: 10.1016/j.accfor.2007.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:1:p:75-88 Template-Type: ReDIF-Article 1.0 Author-Name: Lisa Jack Author-X-Name-First: Lisa Author-X-Name-Last: Jack Author-Name: Ahmed Kholeif Author-X-Name-First: Ahmed Author-X-Name-Last: Kholeif Title: Enterprise Resource Planning and a contest to limit the role of management accountants: A strong structuration perspective Abstract: The implementation and use of Enterprise Resource Planning (ERP) systems raise fundamental questions about the role of management accountants in an organisation. The case studied here, involving an attempt to establish an ERP system in an organisation funded by both the European Union (EU) and the Egyptian government, is an exploration of conflicting beliefs about the role of management accountants. Elements of strong structuration theory (a reinforced version of Giddens’ structuration theory) are used to analyse how the contest over the role of the management accountant in a new organisation was played out during the partially successful attempt to establish ERP in conjunction with a system that was felt to better support the requirements of the EU for performance-based budgeting. Despite the forward-looking dispositions of key actors within the organisation and from the EU, the role of the management accountant here became compressed to the traditional one of cost information collector and provider. Journal: Accounting Forum Pages: 30-45 Issue: 1 Volume: 32 Year: 2008 Month: 3 X-DOI: 10.1016/j.accfor.2007.11.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.11.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:1:p:30-45 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 32 Year: 2008 Month: 3 X-DOI: 10.1016/S0155-9982(08)00009-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(08)00009-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Jonathan Murphy Author-X-Name-First: Jonathan Author-X-Name-Last: Murphy Author-Name: Oana Brindusa Albu Author-X-Name-First: Oana Brindusa Author-X-Name-Last: Albu Title: The politics of transnational accountability policies and the (re)construction of corruption: The case of Tunisia, Transparency International and the World Bank Abstract: This study explores the intersection between accountability policies and anti-corruption measures. Transnational actors define acceptable governance and implement accountability policies on the assumption that corruption is a problem endemic to developing countries. Such accountability policies influence and help constitute transnational geographic and social spaces. However, the impacts of such assumptions and the resultant policies on developing countries and their citizens have not been widely investigated. This study uses a critical discourse analysis of the case of Tunisia before and after its 2011 revolution, to explore the politics and vested interests specific to anti-corruption policies promoted by transnational actors. The study’s contribution is twofold: Firstly, we identify the highly fungible character of the emanant cycles of Western-driven corruption discourses, and indicate their consequences in Tunisia. Secondly, we propose a future research agenda towards non-exploitative anti-corruption and accountability policies. Journal: Accounting Forum Pages: 32-46 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2017.10.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.10.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:32-46 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Azizul Islam Author-X-Name-First: Muhammad Azizul Author-X-Name-Last: Islam Author-Name: Thusitha Dissanayake Author-X-Name-First: Thusitha Author-X-Name-Last: Dissanayake Author-Name: Steven Dellaportas Author-X-Name-First: Steven Author-X-Name-Last: Dellaportas Author-Name: Shamima Haque Author-X-Name-First: Shamima Author-X-Name-Last: Haque Title: Anti-bribery disclosures: A response to networked governance Abstract: This study examined the posited link between networked governance (the activities of NGOs and the media) and the anti-bribery disclosures of two global telecommunication companies. Based on a joint consideration of legitimacy theory, media agenda setting theory and responsive regulation, the findings show that anti-bribery disclosures are positively associated with the activities of the media and NGO initiatives. The findings also show that companies make anti-bribery disclosures to maintain symbolic legitimacy but are less prominent in effecting a substantive change in their accountability practices. Journal: Accounting Forum Pages: 3-16 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2016.03.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.03.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:3-16 Template-Type: ReDIF-Article 1.0 Author-Name: Giuseppe Grossi Author-X-Name-First: Giuseppe Author-X-Name-Last: Grossi Author-Name: Daniela Pianezzi Author-X-Name-First: Daniela Author-X-Name-Last: Pianezzi Title: The new public corruption: Old questions for new challenges Abstract: •The study focuses on corruption and accountability in public procurement.Fig. 1Survey question: How widespread do you think the problem of corruption is in your country? (%).Source: Eurobarometer TI (2015). Fig. 2Survey question: How widespread do you think corruption in public procurement managed by national authorities is in your country (%)?Source: Eurobarometer TI (2015).Fig. 3The role of the state in modern democracy.Source: Own elaboration.•We provide a case analysis about an episode of corruption in Italy.•The analysis shows the limitations of the legalistic and neoliberal approaches to corruption.•Traditional political accountability is not enough for democratic empowerment.•The virtue of autonomy of public servant plays a pivotal role in the fight against corruption.This paper focuses on corruption in public procurement. It describes the contemporary face of corruption by investigating the role of public accountability in the fight against corruption. The paper describes a specific episode of corruption relative to the awarding of government contracts for big events, such as the celebration of the 150th anniversary of Italian unification. Relying on the philosophical insights of Rousseau, Popper, Kant and others, the study suggests the need for enabling a democratic control and constructing a public ethics for the common good. Journal: Accounting Forum Pages: 86-101 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2016.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:86-101 Template-Type: ReDIF-Article 1.0 Author-Name: Breeda Comyns Author-X-Name-First: Breeda Author-X-Name-Last: Comyns Title: Climate change reporting and multinational companies: Insights from institutional theory and international business Abstract: •The quality of reporting by MNCs on GHG emissions is problematic.Fig. 1Theoretical Framework: GHG reporting and MNCs. Fig. 2GHG reporting quality (1998–2016) − ExxonMobil, Royal Dutch Shell & BP.•Standardization of practices is linked with GHG emissions data report quality.•A theoretical framework is developed to explain MNC GHG emissions reporting.•It is proposed that GHG emissions data quality varies with MNC typology.•Propositions are examined empirically using a case study.Multinational companies (MNCs) have an important impact on climate change, but knowledge on the greenhouse gas (GHG) reporting practices of MNCs is limited. A theoretical framework is developed to provide an explanation of GHG emissions reporting by MNCs. The framework combines institutional theory with the notion of MNC typology from International Business and explains how institutional pressure acting on each typology of MNC influences standardization of reporting practices and GHG emissions data quality. Propositions are developed and empirically investigated using a case study. Global MNCs are predicted to have better quality GHG emissions reporting compared to multi-domestic or transnational MNCs. Journal: Accounting Forum Pages: 65-77 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2017.07.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.07.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:65-77 Template-Type: ReDIF-Article 1.0 Author-Name: Sepideh Parsa Author-X-Name-First: Sepideh Author-X-Name-Last: Parsa Author-Name: Ian Roper Author-X-Name-First: Ian Author-X-Name-Last: Roper Author-Name: Michael Muller-Camen Author-X-Name-First: Michael Author-X-Name-Last: Muller-Camen Author-Name: Eva Szigetvari Author-X-Name-First: Eva Author-X-Name-Last: Szigetvari Title: Have labour practices and human rights disclosures enhanced corporate accountability? The case of the GRI framework Abstract: •Companies over-claim adherence to GRI reporting guidelines while failing to report detailed information on their workforce.Fig. 1Compliance with GRI Disclosure Guidelines.•Companies fail to provide material information.•Limited evidence of companies acknowledging impediments they encounter when reporting on their workforce.•Companies pay more attention to their internal (as opposed to their external) workforce.•GRI fails to achieve enhanced comparability, transparency and accountability goals.•Companies over-claim adherence to GRI reporting guidelines while failing to report detailed information on their workforce.•Companies fail to provide material information.•Limited evidence of companies acknowledging impediments they encounter when reporting on their workforce.•Companies pay more attention to their internal (as opposed to their external) workforce.•GRI fails to achieve enhanced comparability, transparency and accountability goals.This paper critically evaluates Transnational Corporations’ (TNCs) claimed adherence to the Global Reporting Initiative (GRI)’s ‘labour’ and ‘human rights’ reporting guidelines and examines how successful the GRI has been in enhancing comparability and transparency. We found limited evidence of TNCs discharging their accountability to their workforce and, rather, we found evidence to suggest that disclosure was motivated more by enhancing their legitimacy. TNCs failed to adhere to the guidelines, which meant that material information items were often missing, rendering comparability of information meaningless. Instead, TNCs reported large volumes of generic/anecdotal information without acknowledging the impediments they faced in practice. Journal: Accounting Forum Pages: 47-64 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2018.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:47-64 Template-Type: ReDIF-Article 1.0 Author-Name: Martin McCracken Author-X-Name-First: Martin Author-X-Name-Last: McCracken Author-Name: Ronan McIvor Author-X-Name-First: Ronan Author-X-Name-Last: McIvor Author-Name: Raymond Treacy Author-X-Name-First: Raymond Author-X-Name-Last: Treacy Author-Name: Tony Wall Author-X-Name-First: Tony Author-X-Name-Last: Wall Title: A study of human capital reporting in the United Kingdom Abstract: •Various attempts to place a value on an organisation’s human capital have been unsuccessful in most countries.•There is a now a greater emphasis on narrative disclosures relating to human capital.•A recent amendment to the UK Companies Act 2006 has placed a requirement on companies to report on their human capital.•The top 100 UK companies have generally increased their human capital reporting following this amendment.•Companies should not simply copy other organisations, but some form of standardised reporting for human capital elements is required.Recently, there have been attempts at increasing human capital (HC) reporting in the United Kingdom (UK) through the introduction of government legislation and other initiatives. This paper assesses the current state of HC reporting in the UK by analysing the annual reports of the Financial Times Stock Exchange 100 companies before and after relevant amendments to the Companies Act 2006. The findings show that most of the companies analysed have been increasing their HC reporting, going beyond their statutory duties and moving away from wider intellectual capital disclosures to focus more on HC issues. However, these changes were not universal. Journal: Accounting Forum Pages: 130-141 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2017.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:130-141 Template-Type: ReDIF-Article 1.0 Author-Name: Franklin Nakpodia Author-X-Name-First: Franklin Author-X-Name-Last: Nakpodia Author-Name: Emmanuel Adegbite Author-X-Name-First: Emmanuel Author-X-Name-Last: Adegbite Title: Corporate governance and elites Abstract: Using a qualitative methodology (interviews), we examine the relationship between the effectiveness of corporate governance mechanisms and elitist interventions. In doing this, we identify three elitist groups – political, cultural and religious, and investigate how they shape the legitimacy and effectiveness (or otherwise) of the institutional drivers of corporate governance in Nigeria. We caution the widely-held notion in the literature which suggests that institutions act as a check on the behaviour of elites and influence how elites compete and emerge. Alternatively, we argue that elites, in the presence of institutional voids, can invent, circumvent and corrupt institutions. Journal: Accounting Forum Pages: 17-31 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2017.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:17-31 Template-Type: ReDIF-Article 1.0 Author-Name: Paul Ahn Author-X-Name-First: Paul Author-X-Name-Last: Ahn Author-Name: Kerry Jacobs Author-X-Name-First: Kerry Author-X-Name-Last: Jacobs Title: Using photographs in interpreting cultural and symbolic meaning: A reflection on photographs of the Korean Association for Government Accounting Abstract: •Photographs taken by a professional association are useful research objects.Fig. 12002 inaugural conference.(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on February 11, 2014)Fig. 22011 spring conference (outside).(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on September 1, 2014)Fig. 32011 spring conference venue (inside).(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on September 1, 2014)Fig. 42006 summer conference.(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on September 1, 2014)Fig. 52011 international conference (stage).(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on June 17, 2017)Fig. 62011 international conference (audience).(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on June 17, 2017)Fig. 72011 autumn conference.(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on June 17, 2017)Fig. 82012 joint conference.(Source: http://www.kaga21.or.kr/, ©KAGA. Used with permission. Accessed on June 17, 2017)•Physical artefacts can be considered objectified forms of capital that accounting actors use.•Banners are useful tools of triangulation when checked against written documents.•Arrangement of a national flag can enhance the significance of accounting events.•Deployment of flowers constructs and represents social connections and networks among accounting actors.Building on a sociological tradition of using photographs as a methodology, we suggest that accounting researchers more fully utilize photographs to understand accounting actors’ everyday lives. While most accounting studies have focused on the photographic imagery in published documents, such as corporate annual reports, a few authors found photographs can highlight how physical artefacts can deliver symbolic messages. We explored photographs drawn from the Korean Association for Government Accounting (KAGA) to illustrate how social actors used physical artefacts. To guide our analysis, we relied on Bourdieu’s theorization of how physical artefacts reflect forms of capital. We argue that the use of photographs as a methodology provides a deeper insight into the cultural and social meanings of physical artefacts as a form of language open to multiple interpretations by both the author and the reader. Journal: Accounting Forum Pages: 142-152 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2017.08.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.08.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:142-152 Template-Type: ReDIF-Article 1.0 Author-Name: Rofiat Alli Author-X-Name-First: Rofiat Author-X-Name-Last: Alli Author-Name: Rebecca Nicolaides Author-X-Name-First: Rebecca Author-X-Name-Last: Nicolaides Author-Name: Russell Craig Author-X-Name-First: Russell Author-X-Name-Last: Craig Title: Detecting advance fee fraud emails using self-referential pronouns: A preliminary analysis Abstract: We promote awareness of the features of emails that propose advanced fee fraud schemes. These are commonly known as 419 emails (after Section 419 of the Nigerian Penal Code). We outline the structural features of 419 emails and conduct a preliminary study of their distinctive linguistic features, using word frequency counts and DICTION text analysis software. We find that the incidence of first person singular pronouns is seven times greater in 419 emails than non-419 emails. We suggest elements of a future research agenda that can build on our preliminary results to help reduce advanced fee fraud. Journal: Accounting Forum Pages: 78-85 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2018.01.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.01.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:78-85 Template-Type: ReDIF-Article 1.0 Author-Name: Alistair Brown Author-X-Name-First: Alistair Author-X-Name-Last: Brown Title: A metaphorical analysis of The Love Song of J. Alfred Prufrock by T. S. Eliot Abstract: Using the theory of conceptualisation of metaphor, this study analyses the imagery created by accounting metaphors of The Love Song of J. Alfred Prufrock. The paper applies a typology of metaphors as the basis of metaphorical analysis for the detection of accounting in Eliot’s poem. The results of the study suggest that the poem relies on accounting metaphors that use either unstated vehicle concepts, unstated tenor concepts or both to convey dense messages of accounting. An implication arising from the results is that considerable transfers of meaning from one epistemic element to another are needed to unlock Eliot’s accounting messages. Journal: Accounting Forum Pages: 153-165 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2018.01.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.01.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:153-165 Template-Type: ReDIF-Article 1.0 Author-Name: Warren Maroun Author-X-Name-First: Warren Author-X-Name-Last: Maroun Author-Name: Jill Atkins Author-X-Name-First: Jill Author-X-Name-Last: Atkins Title: The emancipatory potential of extinction accounting: Exploring current practice in integrated reports Abstract: This paper adopts a normative approach to develop a dynamic form of corporate reporting designed to deal with the threat posed by mass extinction of species. The proposed reporting framework is intended to show how a type of accounting – which is referred to as extinction accounting – can and should be used to drive positive corporate change and prevent the loss of species. The framework is inspired by both an anthropocentric and deep ecological view on nature and draws on accountancy’s emancipatory potential rather than attempting to find a substitute for current technologies of accounting and accountability. The prior literature on biodiversity and emancipatory accounting is complemented by showing how an innovative form of reporting on a specific environmental issue can be operationalised and used in the short-term to respond to the threats posed by mass extinction. Journal: Accounting Forum Pages: 102-118 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2017.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:102-118 Template-Type: ReDIF-Article 1.0 Author-Name: Laurence Ferry Author-X-Name-First: Laurence Author-X-Name-Last: Ferry Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Trends in corruption, environmental, ethical and social accounting Journal: Accounting Forum Pages: 1-2 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2018.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:1-2 Template-Type: ReDIF-Article 1.0 Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Nick Tsitsianis Author-X-Name-First: Nick Author-X-Name-Last: Tsitsianis Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: John Malamatenios Author-X-Name-First: John Author-X-Name-Last: Malamatenios Title: Accounting for decarbonisation and reducing capital at risk in the S&P500 Abstract: •Carbon emissions in the S&P500 for the period 2008 to 2014 have not been reduced.Fig. 1S&P 313 Business Models: Carbon Generating and Carbon dependent business models.Notes: the shares of carbon emissions are the average for all companies in these business models covering the period 2008–2014Source: AuthorsFig. 2S&P 313 Business Models: Carbon intensity and capital employed.Notes: the shares of carbon emissions are the average for all companies in these business models covering the period 2008–2014. Capital employed is: Short and Long-run debt plus total shareholder equity which is paid in capital, additional capital paid in and retained earnings reserves after adjustments for changes in comprehensive income.Source: AuthorsChart 1Trading price of carbon on European ETS.Source: MacDonald (2016)Chart 2CO2 emissions: China, US and European Union 1960–2014 (bill tons).Source: The World Bank (2018)Chart 3Energy and Digital Lifestyle Business Model: Market Value Index.Source: Thomson Reuters and Author datasets•Carbon intensive business models present a threat to financial stability from ‘stranded assets’ and ‘carbon bubbles’.•Financial institutions should migrate investment portfolios away from carbon intensive business models.•Carbon intensive business models are conjoined to less carbon intensive business models which generate substantial financial leverage.This article accounts for carbon emissions in the S&P 500 and explores the extent to which capital is at risk from decarbonising value chains. At a global level it is proving difficult to decouple carbon emissions from GDP growth. Top-down legal and regulatory arrangements envisaged by the Kyoto Protocol are practically redundant given inconsistent political commitment to mitigating global climate change and promoting sustainability. The United Nations Environment Programme (UNEP) and European Commission (EC) are promoting the role of financial markets and financial institutions as drivers of behavioural change mobilising capital allocations to decarbonise corporate activity. Journal: Accounting Forum Pages: 119-129 Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/j.accfor.2018.01.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.01.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:119-129 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 42 Year: 2018 Month: 3 X-DOI: 10.1016/S0155-9982(18)30033-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(18)30033-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Kieran James Author-X-Name-First: Kieran Author-X-Name-Last: James Title: “This is England”: Punk rock’s realist/idealist dialectic and its implications for critical accounting education Abstract: This paper studies the lyrics of two songs from the Clash, one of the two most important bands from the U.K.’s ‘first wave of punk’ scene. The paper interprets the songs within their institutional, social, economic and political context, i.e. pre-Thatcher and Thatcher Britain. I then draw out the implications of the Clash’s punk ideology for critical accounting educators today, and especially the implications for ethics education. The Clash’s message and moral compass are especially relevant today as (like the Clash’s England) both Bush’s America and an immediately post-Howard Australia have been vastly altered by a harsh neo-liberalism under which alternative (and especially collectivist) voices have been frequently mocked and suppressed. The Clash was able to simultaneously be both realist and idealist and, whilst this contradiction captured the hearts of many, the classic line-up of the band was to disintegrate under the weight of its own contradictions. The critical accounting community is reminded to continue to aspire to both aspects of the realist/idealist dialectic that is so vividly apparent in the Clash’s powerful and poignant early work and especially from the self-titled debut album up to Sandinista! Journal: Accounting Forum Pages: 127-145 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2008.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:127-145 Template-Type: ReDIF-Article 1.0 Author-Name: Giacomo Boesso Author-X-Name-First: Giacomo Author-X-Name-Last: Boesso Author-Name: Kamalesh Kumar Author-X-Name-First: Kamalesh Author-X-Name-Last: Kumar Title: Stakeholder prioritization and reporting: Evidence from Italy and the US Abstract: This study investigates the considerations that might be made by managers when choosing between mutually exclusive stakeholder expectations and reaching and engaging in a dialogue with them. In addition, the study also examines if there are systematic differences across countries (Italy and the US) in the decision to address the concerns of various stakeholder groups. Data was collected from 244 managers and 72 companies simultaneously in two different national business contexts, Italy and the US. The results of the study provide some evidence that managerial perception of three stakeholder group characteristics – power, legitimacy, and urgency – form a parsimonious group of variables that explain the process of stakeholder prioritization. However, only limited support was found for the relationship between salience accorded to a stakeholder group and engagement efforts directed toward the group. The results of the study also show that the managerial decision as to which of the stakeholder groups’ demands to address will be influenced by society-specific expectations. The significance of this study lies in investigating the stakeholder prioritization and engagement process, as it is being practiced, which, one could argue, would help in developing guidelines for effective stakeholder management that stands a realistic chance of being adapted and followed. Journal: Accounting Forum Pages: 162-175 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2008.07.010 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.010 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:162-175 Template-Type: ReDIF-Article 1.0 Author-Name: Noel O’Sullivan Author-X-Name-First: Noel Author-X-Name-Last: O’Sullivan Title: The impact of directors’ and officers’ insurance on audit pricing: Evidence from UK companies Abstract: This paper examines the impact of directors’ and officers’ (D&O) insurance on audit pricing in a large sample of UK companies. The existence of D&O insurance is expected to exert a dual impact on auditors’ pricing decisions. The presence of an additional source of funds to satisfy stakeholder claims in the event of audit client failure suggests that audit fees in insured companies should be lower. Alternatively, recent research has identified a positive link between the presence of D&O insurance and a number of characteristics traditionally associated with more expensive audits. The main objective of this study is to ascertain which of these influences pre-dominates. Analysing a sample of 753 UK listed companies in the early 1990s, when companies were obliged to disclose the presence of D&O insurance, this study shows that D&O insurance is associated with higher audit fees. It also confirms that insured companies are larger, more complex and present a greater audit risk (using a range of measures) than uninsured companies. Further analysis suggests that the impact of D&O insurance on audit fees may be influenced by company size, auditor size, and the extent of non-executive presence on the company’s board. Journal: Accounting Forum Pages: 146-161 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2008.07.011 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.011 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:146-161 Template-Type: ReDIF-Article 1.0 Author-Name: N. Rowbottom Author-X-Name-First: N. Author-X-Name-Last: Rowbottom Author-Name: A. Lymer Author-X-Name-First: A. Author-X-Name-Last: Lymer Title: Exploring the use of online corporate sustainability information Abstract: Whilst the supply, exclusivity and prominence of online corporate sustainability information has increased in recent years, comparatively little is known about what information is used by whom. This paper explores which user groups access online corporate sustainability information, and assesses the relative use of sustainability reports and other forms of social and environmental information disseminated on corporate Websites. To collect the necessary empirical data, the paper analyses 4,652,471 successful requests for information made by the users of 10 UK FTSE 350 corporate Websites. Journal: Accounting Forum Pages: 176-186 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2009.01.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.01.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:176-186 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: For the attention of prospective and recent post-graduates in accounting history Journal: Accounting Forum Pages: 187-187 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2009.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:187-187 Template-Type: ReDIF-Article 1.0 Author-Name: Eliot Heilpern Author-X-Name-First: Eliot Author-X-Name-Last: Heilpern Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Title: When it comes to the crunch: What are the drivers of the US banking crisis? Abstract: This article considers how permissive regulatory conditions helped change the size and scope of the US mortgage market. Asset backed securitization facilitated an expansion of the US mortgage market and modified the structure of the value chain within which financial assets, risk and liquidity were managed. New sophisticated mortgage products, indulgent lending practices, loose credit assessment and flimsy documentation increased the probability of mortgage default in an economic downturn. US banks were not in a position to absorb mark-to-market losses on mortgage assets and goodwill impairment resulting from a credit crunch because they operate with narrow profit margins and a limited equity cushion in the balance sheet. This article questions the viability and sustainability of this banking business model. Journal: Accounting Forum Pages: 99-113 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2009.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:99-113 Template-Type: ReDIF-Article 1.0 Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: The origins of the sub-prime crisis: Inappropriate policies, regulations, or both? Abstract: This article analyses the origins of the sub-prime crisis. It argues that a series of serious policy errors in the United States created the conditions in which the sub-prime lending phenomenon took root, which were then compounded by regulatory developments and further policy mistakes as the credit crisis unfolded. These factors further explain why the sub-prime crisis assumed such global proportions. Journal: Accounting Forum Pages: 114-126 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2009.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:114-126 Template-Type: ReDIF-Article 1.0 Author-Name: Federica Farneti Author-X-Name-First: Federica Author-X-Name-Last: Farneti Author-Name: James Guthrie Author-X-Name-First: James Author-X-Name-Last: Guthrie Title: Sustainability reporting by Australian public sector organisations: Why they report Abstract: Recent research on social and environmental (SE) reporting has focused on corporations, rather than public sector agencies. Also, there has been little interest in ascertaining the views of preparers of accounts regarding SE reporting. This study analysed why a group of “better practice” organisations reported on SE matters. The researchers conducted semi-structured interviews with key preparers in the various organisations and found that their reporting was informed by the latest GRI and aimed at mostly internal stakeholders. The annual report was only one of the media used for disclosure and adoption was driven by a key individual in the organisation. Journal: Accounting Forum Pages: 89-98 Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/j.accfor.2009.04.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.04.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:89-98 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 33 Year: 2009 Month: 6 X-DOI: 10.1016/S0155-9982(09)00011-8 File-URL: http://hdl.handle.net/10.1016/S0155-9982(09)00011-8 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Eugenio Anessi-Pessina Author-X-Name-First: Eugenio Author-X-Name-Last: Anessi-Pessina Author-Name: Elena Cantù Author-X-Name-First: Elena Author-X-Name-Last: Cantù Title: Multiple logics and accounting mutations in the Italian National Health Service Abstract: Traditional public administration (PA) relied on cash- or commitment-based budgets, while NPM advocated accruals accounting. Currently, Continental Europe is witnessing the re-emergence of the PA logic, but the relevant accounting implications have been insufficiently investigated. We focus on the Italian National Health Service. Our findings suggest that accruals accounting will not be repealed. However, accounting mutations will be introduced to increase consistency with the PA logic and budgetary accounting. Accruals accounting numbers will be interpreted and used accordingly. Great attention will be paid to nation-wide consolidated statements for the control of public finances, while faithful representation of individual organisations will be overshadowed. Journal: Accounting Forum Pages: 265-284 Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/j.accfor.2016.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:265-284 Template-Type: ReDIF-Article 1.0 Author-Name: Sue Hrasky Author-X-Name-First: Sue Author-X-Name-Last: Hrasky Author-Name: Michael Jones Author-X-Name-First: Michael Author-X-Name-Last: Jones Title: Lake Pedder: Accounting, environmental decision-making, nature and impression management Abstract: This paper looks at the role of accounting in a major environmental infrastructural project, the flooding of Lake Pedder in Tasmania in the 1960s. This was a contentious political decision in which accounting information was important and decisive. The paper found that accounting was used selectively and creatively to legitimate decision-making supporting a cost-benefit calculus. Environmental considerations were rendered invisible, marginalised and excluded from the evaluation. Accounting was used as an impression management tool through selectivity, bias and enhancement. It provides a rare illustration of the limitations of accounting for an infrastructural environmental decision using a real life, in depth case study. Journal: Accounting Forum Pages: 285-299 Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/j.accfor.2016.06.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.06.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:285-299 Template-Type: ReDIF-Article 1.0 Author-Name: Candauda Arachchige Saliya Author-X-Name-First: Candauda Arachchige Author-X-Name-Last: Saliya Author-Name: Kelum Jayasinghe Author-X-Name-First: Kelum Author-X-Name-Last: Jayasinghe Title: Creating and reinforcing discrimination: The controversial role of accounting in bank lending Abstract: This paper examines the controversial role played by accounting within the discriminatory bank-lending practices of a privately owned bank in Sri Lanka. It reports on an analytical auto-ethnography (during the period 1994–2004) coupled with follow-up interviews and reiterated analyses. Data were analysed using Pierre Bourdieu’s concepts of field, capital, habitus and symbolic violence. The empirical findings of the paper illustrate how key capitals at macro levels (social, cultural and symbolic) are mobilised in the dominance structures within the banking lending field and how individuals with given habitus behave and follow given strategies to deploy rational accounting systems at a micro level to translate discriminatory bank lending policies into practice and, as a result, create and reinforce discrimination. Journal: Accounting Forum Pages: 235-250 Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/j.accfor.2016.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:235-250 Template-Type: ReDIF-Article 1.0 Author-Name: Giuliano Maielli Author-X-Name-First: Giuliano Author-X-Name-Last: Maielli Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Title: General motors: A financialized account of corporate behaviour 1909–1940 Abstract: This paper constructs an alternative account of resource stewardship at General Motors (GM) during the period 1909–1940. Alfred Chandler employed GM in his text ‘Strategy and Structure’ to explain the development of the modern corporation. This understanding can be employed to contrast an ‘old-economy’ with a ‘new-economy’ financialized corporate business model. In this paper we find that many elements of the financialized firm were present in the early history of GM’s development. Our analysis reveals the financialization of a non-financial corporation and how this influenced corporate behaviour and impacted on financial performance at GM during the period 1909–1940. Journal: Accounting Forum Pages: 251-264 Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/j.accfor.2016.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:251-264 Template-Type: ReDIF-Article 1.0 Author-Name: Alexandra Fontes Author-X-Name-First: Alexandra Author-X-Name-Last: Fontes Author-Name: Lúcia Lima Rodrigues Author-X-Name-First: Lúcia Lima Author-X-Name-Last: Rodrigues Author-Name: Russell Craig Author-X-Name-First: Russell Author-X-Name-Last: Craig Title: A theoretical model of stakeholder perceptions of a new financial reporting system Abstract: This paper proposes a theoretical model to assess how stakeholders perceive a major change of an accounting regime: for example, the adoption of International Financial Reporting Standards [IFRS] or an IFRS-based financial reporting system. Using a theory borrowing approach, the model evolves from a review of key factors that have been reported to affect perceptions of change. These factors are drawn from literature dealing with management change, institutional arrangements, psychology, information systems, sociology and financial reporting. The proposed model implicates individual, technical, situational, and change process factors as major elements. Thereby, it highlights a multiplicity of matters that influence perceptions of a financial reporting change. The emerging model holds strong prospect of improving understanding of change processes in general, and financial reporting changes, in particular. The proposed model can be used to assess how any major national financial reporting reform is (or will be) perceived, and whether or not the reform will be successful. The practical insights arising from application of the model can be particularly relevant for regulators and standard-setters in devising appropriate strategies for coping with perceived implementation problems. Journal: Accounting Forum Pages: 300-315 Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/j.accfor.2016.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:300-315 Template-Type: ReDIF-Article 1.0 Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Title: Commentary: A proposal for theoretical models of stakeholder perceptions of a new financial reporting system Abstract: This commentary explores the article by Fontes et al. published in this issue of Accounting Forum. They argue that the scope of IFRS continues to widen across the world using a number of social science disciplines to discuss stakeholder perceptions of change. The commentary uses Hegel's Science of Logic to situate their arguments through four key theoretical approaches that are prominent in the accounting literature. Ultimately, this has the potential to situate IASB frameworks in such a way as to challenge the economic and neoliberal logic on which modern accounting is based. Journal: Accounting Forum Pages: 316-318 Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/j.accfor.2016.11.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.11.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:316-318 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Commentary: A theoretical model of stakeholder perceptions of a new financial reporting system Abstract: This commentary is about the article by Fontes et al. published in this issue of Accounting Forum. They argue that their model provides improved understanding of individual characteristics and perceptions of financial reporting users, preparers and auditors that allow regulators and standard setters to devise strategies to cope with a range of implementation problems associated with new financial reporting systems. Their argument is based on an assumption that a better understanding of change processes is required in order to bring about financial reporting system change. They draw upon research from the social sciences to build a multiple factor model to measure stakeholder perceptions of the relative ‘value’ of different financial reporting systems. This commentary reflects on some of the assertions of the model in relation to the social and organisational processes of how accounting standards are changed and on the possibility of combining a multiplicity of factors into a meaningful value or values. Individual perceptions of the possible future value of a financial reporting system are so contextually and socially defined that it is difficult to see how they could be empirically incorporated into their theoretical model. From their literature review the authors have collated an impressive, though not complete, range of factors that may have some impact on some stakeholder's perceptions of the value of financial reporting change. However, the nature, diversity and complexity of factors identified in this paper are such that that they cannot be adequately captured using their proposed model. Journal: Accounting Forum Pages: 319-321 Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/j.accfor.2016.11.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.11.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:319-321 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 40 Year: 2016 Month: 12 X-DOI: 10.1016/S0155-9982(16)30229-0 File-URL: http://hdl.handle.net/10.1016/S0155-9982(16)30229-0 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: John E. McEnroe Author-X-Name-First: John E. Author-X-Name-Last: McEnroe Author-Name: Stanley C. Martens Author-X-Name-First: Stanley C. Author-X-Name-Last: Martens Title: It’s time for a true and fair view Abstract: The standard unqualified United States audit report states that the firm’s financial statements present fairly, in all material respects, the financial position of the company at year end, the results of operations, and its cash flows, in conformity with generally accepted accounting principles (GAAP). The United Kingdom counterpart states that the company accounts give a true and fair view (TFV). The focus on conformity with GAAP in the US has created a rule-dominated audit arena which, in effect, means that if the audited financial statements are in accordance with GAAP, the auditor will find them acceptable. We offer modified audit report terminology that substitutes “true and fair view” for “present fairly”. Although Rutherford [J. Business Financial Accounting 12 (1985) 483], Houghton [Accounting Organizations Soc. 12 (1987) 143], and Karan (2002) have cited problems with the TFV language, especially in its interpretation, we find the phrase superior to “present fairly” and propose an operational definition for its application. Journal: Accounting Forum Pages: 427-430 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/j.accfor.2003.12.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2003.12.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:427-430 Template-Type: ReDIF-Article 1.0 Author-Name: John Stittle Author-X-Name-First: John Author-X-Name-Last: Stittle Title: Accounting for UK rail freight track charges: privatisation, politics and the pursuit of private sector vested interests Abstract: In 1996, the UK government privatised the railway industry based on a separation of rail infrastructure from train operations. Track, stations and signalling were transferred to a private sector infrastructure company, Railtrack plc. Separate passenger and freight train operators were required to pay track access charges to Railtrack for use of its rail infrastructure. Journal: Accounting Forum Pages: 403-425 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/j.accfor.2004.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:403-425 Template-Type: ReDIF-Article 1.0 Author-Name: T. Tinker Author-X-Name-First: T. Author-X-Name-Last: Tinker Title: Meeting to focus on link between changing financial services landscape and opportunities for accounting professionals Journal: Accounting Forum Pages: 431-432 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/j.accfor.2004.05.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.05.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:431-432 Template-Type: ReDIF-Article 1.0 Author-Name: John K. Courtis Author-X-Name-First: John K. Author-X-Name-Last: Courtis Title: Red and black interpostal accountancy marks Abstract: The volume of interpostal mail increased by several thousand percent during the 19th century. Countries with bilateral revenue sharing agreements, including the Australian colonies, used four types of Accountancy Mark systems from 1843 to 1876. Marks on interpostal mail showed the amount of shared revenue between two or more postal entities. Accountancy Marks were shorthand notations for journal entry instructions to record amounts owing to, or amounts owing from other postal authorities. For prepaid mail, the calculation of shared revenues to be paid to the destination country was marked in red on outgoing mails, and for unpaid mail, the amount owed to the sender country for its share of unpaid mail was marked in black. Red was used to indicate a credit entry in the sending country account, and black was used to indicate a debit entry for an amount owed to the sending country. During the 33-year period, the system was changed from the recording of a simple manuscript or handstamp numeral marking, to PD, PP, and P abbreviation handstamps. The system was then modified to include Articles handstamps and Letter or Way Bills. Finally, a system of country-designated handstamps was used with specific amounts due. The paper supplies illustrations of how Accountancy Mark calculations were performed, and discusses the cost and time disadvantages and reliability issues of the Accountancy Mark system together with linkages to accounting. Journal: Accounting Forum Pages: 385-402 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/j.accfor.2004.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:385-402 Template-Type: ReDIF-Article 1.0 Author-Name: A. Arthur Author-X-Name-First: A. Author-X-Name-Last: Arthur Title: A true account Abstract: A central professional accounting value is expressed in the imperative to give true accounts. This paper explores some philosophical background to the concept of truth, and develops a novel approach to accounting truth that sheds some light on how true accounts can be given in a wide range of discursive environments. Journal: Accounting Forum Pages: 369-384 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/j.accfor.2004.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:369-384 Template-Type: ReDIF-Article 1.0 Author-Name: Janet Lee Author-X-Name-First: Janet Author-X-Name-Last: Lee Author-Name: Gregory Fisher Author-X-Name-First: Gregory Author-X-Name-Last: Fisher Title: Infrastructure assets disclosure in Australian public sector annual reports Abstract: Recent Australian public sector reforms have raised concerns about the disclosure of infrastructure asset information as a basis for improved accountability. This paper examines whether specific infrastructure asset information identified in relevant literature is disclosed in practice. A cross-sectional, content analysis of 1999 annual report disclosures made by 73 Australian public sector entities operating in economic infrastructure industries revealed a low level of, and considerable diversity in, disclosures, particularly relating to the physical condition of infrastructure assets, their maintenance and performance measurement. Such disclosure was found to be driven by government reporting guidelines rather than the use of corporate form. Journal: Accounting Forum Pages: 349-367 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/j.accfor.2004.08.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.08.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:349-367 Template-Type: ReDIF-Article 1.0 Author-Name: Willie Seal Author-X-Name-First: Willie Author-X-Name-Last: Seal Title: Towards an enabling research agenda for the accounting/contracting nexus Abstract: Although it shares many similar concerns with the critical accounting project, the socio-legal approach has been neglected in the accounting literature. Drawing on the socio-legal literature, the paper argues that the law-and-economics model of contract ignores the diversity of judicial ideologies as well as failing to explain empirical evidence on the opportunistic use or non-use of contract in business relations. Presenting a summary of the complex linkages between accounting and contract, the paper demonstrates the possibilities of a shared enabling and emancipatory research agenda for the accounting/contracting nexus. Given that practitioners who promote strategic alliances and partnerships have already embraced much of the rhetoric of the relational contract, the paper argues for more empirical studies that examine whether the longer-term outcomes have delivered the proclaimed benefits. Journal: Accounting Forum Pages: 329-348 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/j.accfor.2004.08.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.08.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:329-348 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/S0155-9982(04)00063-8 File-URL: http://hdl.handle.net/10.1016/S0155-9982(04)00063-8 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Volume Contents and Author Index Journal: Accounting Forum Pages: 1-5 Issue: 4 Volume: 28 Year: 2004 Month: 12 X-DOI: 10.1016/S0155-9982(04)00069-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(04)00069-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:4:p:1-5 Template-Type: ReDIF-Article 1.0 Author-Name: Grantley Taylor Author-X-Name-First: Grantley Author-X-Name-Last: Taylor Author-Name: Greg Tower Author-X-Name-First: Greg Author-X-Name-Last: Tower Author-Name: Mitch Van Der Zahn Author-X-Name-First: Mitch Author-X-Name-Last: Van Der Zahn Title: The influence of international taxation structures on corporate financial disclosure patterns Abstract: This paper investigates the extent of financial instrument disclosures (FIDs) within the annual reports of Australian listed extractive resource companies over a 4-year longitudinal period (2003–2006) and its association with international tax characteristics. Statistical analysis shows that thin capitalisation structures and withholding taxes are positively and significantly associated with disclosure patterns. In contrast, the occurrence of foreign sourced income and tax haven links are significantly negatively associated with FID patterns. These findings demonstrate that international tax structures can influence corporate disclosure patterns. This paper contributes to an understanding of the extent, trends and rationale behind resource firms’ financial instrument disclosure practices in Australia. Journal: Accounting Forum Pages: 32-46 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/j.accfor.2010.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:32-46 Template-Type: ReDIF-Article 1.0 Author-Name: Louise Crawford Author-X-Name-First: Louise Author-X-Name-Last: Crawford Author-Name: Christine Helliar Author-X-Name-First: Christine Author-X-Name-Last: Helliar Author-Name: Elizabeth Monk Author-X-Name-First: Elizabeth Author-X-Name-Last: Monk Author-Name: Lorna Stevenson Author-X-Name-First: Lorna Author-X-Name-Last: Stevenson Title: SCAM: Design of a learning and teaching resource Abstract: University accounting students often have to assimilate technical auditing knowledge without practical audit experience. The desire to develop an appropriate experiential opportunity motivated this research – to create an audit teaching and learning resource to simulate audit experience and facilitate the development of transferable skills. Literature findings and dedicated questionnaire survey results suggested that such a resource should: (i) use a web based case-study to simulate a real-life audit scenario; (ii) require group working of the participants; (iii) facilitate the use and development of a range of transferable skills; and (iv) encourage a consideration of the wider business context. The web-based resource SCAM (www.scam-plc.co.uk) was developed to address these aims. This paper details this development process. Journal: Accounting Forum Pages: 61-72 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/j.accfor.2010.08.008 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.08.008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:61-72 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call for papers: Journal of Human Resource Costing & Accounting Conference 2011 Journal: Accounting Forum Pages: 73-73 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/j.accfor.2010.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:73-73 Template-Type: ReDIF-Article 1.0 Author-Name: Lee D. Parker Author-X-Name-First: Lee D. Author-X-Name-Last: Parker Title: Twenty-one years of social and environmental accountability research: A coming of age Abstract: This study extends upon previous research into the profile and direction of social and environmental accounting research, analysing and critiquing 21 years of contemporary research in social and environmental accounting published particularly in four leading interdisciplinary accounting research journals covering the period 1988–2002 inclusive. It reflects upon selected seminal papers on the field, and presents an empirical analysis of SEA publication that updates Parker's (2005) findings. The prospect of a sharing of the territory between critical and managerialist approaches is envisaged, along with the application of multiple theoretical lenses. Social and environmental research show signs of more recent balancing between these two subject areas, while recent shifts in methodological approaches are increasingly emphasising the employment of content analysis/statistical relationships research and case/field/action/ethnograpic research. National practices/comparisons and regulations are leading topic areas occupying researchers. External disclosure, attitudinal studies and theoretical framework papers also attracted significant attention. The paper also overviews emerging research in three non-Anglo-Saxon countries and identifies leading and emerging scholars in the field. The SEA field exhibits considerable momentum, but is found to be largely driven by research and publishing infrastructure outside North American economics focussed research communities. Journal: Accounting Forum Pages: 1-10 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/j.accfor.2010.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:1-10 Template-Type: ReDIF-Article 1.0 Author-Name: Corina Joseph Author-X-Name-First: Corina Author-X-Name-Last: Joseph Author-Name: Ross Taplin Author-X-Name-First: Ross Author-X-Name-Last: Taplin Title: The measurement of sustainability disclosure: Abundance versus occurrence Abstract: Content analysis (disclosure abundance) and disclosure indices (disclosure occurrence) are popular methods for measuring the extent of disclosure. Few studies however compare the two approaches empirically or use empirical evidence to justify the use of one approach over the other. A study of sustainability reporting on Malaysian local government websites is used to illustrate how these two measurement approaches lead to different concepts of the extent of disclosure. Furthermore, hypothesised relationships between disclosure and independent variables based on theory differ substantially depending on the measurement approach for disclosure. Recommendations for the measurement of disclosure are suggested. Journal: Accounting Forum Pages: 19-31 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/j.accfor.2010.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:19-31 Template-Type: ReDIF-Article 1.0 Author-Name: David Collison Author-X-Name-First: David Author-X-Name-Last: Collison Author-Name: John Ferguson Author-X-Name-First: John Author-X-Name-Last: Ferguson Author-Name: Yoshinao Kozuma Author-X-Name-First: Yoshinao Author-X-Name-Last: Kozuma Author-Name: David Power Author-X-Name-First: David Author-X-Name-Last: Power Author-Name: Lorna Stevenson Author-X-Name-First: Lorna Author-X-Name-Last: Stevenson Title: The impact of introductory accounting courses on student perceptions about the purpose of accounting information and the objectives of business: A comparison of the UK and Japan Abstract: This paper is concerned with the impact of introductory financial accounting courses on student perceptions of business objectives. The paper reports the results of a questionnaire survey of UK and Japanese university students which investigated their views at the start and end of an introductory financial accounting module. The views of Japanese students, in comparison with those from the UK, are of particular interest given evidence in the literature that traditional “social market” traditions in Japan are being influenced by Anglo-American “stock market” values. Our results are consistent with such a phenomenon in that Japanese students’ values regarding business objectives show significant changes that are not mirrored by changes in the perceptions of their UK counterparts. We suggest that accounting education is acting as a conduit for views more commonly held in Anglo-American societies. Journal: Accounting Forum Pages: 47-60 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/j.accfor.2011.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:47-60 Template-Type: ReDIF-Article 1.0 Author-Name: Lee Moerman Author-X-Name-First: Lee Author-X-Name-Last: Moerman Author-Name: Sandra van der Laan Author-X-Name-First: Sandra Author-X-Name-Last: van der Laan Title: Accounting for long-tail asbestos liabilities: Metaphor and meaning Abstract: This paper examines the different meanings of the ‘long-tail’ metaphor in the corporate environment. Using the case study of James Hardie Industries, this paper analyses the disclosure of corporate long-tail liabilities arising from asbestos operations under different regulatory frameworks. This analysis demonstrates the long-tail metaphor is redefined and reshaped in accounting discourse to fit with extant reporting frameworks rather than representing any legally enforceable claim or future liability. It also demonstrates that, as well as functioning symbolically to enable understanding of complex phenomena, the long-tail metaphor can be harnessed as a tool to objectify financial risks and justify corporate strategy. Journal: Accounting Forum Pages: 11-18 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/j.accfor.2011.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:11-18 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 1 Volume: 35 Year: 2011 Month: 3 X-DOI: 10.1016/S0155-9982(11)00005-6 File-URL: http://hdl.handle.net/10.1016/S0155-9982(11)00005-6 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:1:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Domenico Raucci Author-X-Name-First: Domenico Author-X-Name-Last: Raucci Author-Name: Stefano Agostinone Author-X-Name-First: Stefano Author-X-Name-Last: Agostinone Author-Name: Lara Tarquinio Author-X-Name-First: Lara Author-X-Name-Last: Tarquinio Author-Name: Agnese Rapposelli Author-X-Name-First: Agnese Author-X-Name-Last: Rapposelli Title: Exploring the social reporting practices of public schools: survey and cluster analysis of the Italian educational system Abstract: Reforms in the Italian educational sector have led schools to become more accountable. Social Reporting (SR) is an effective response to stakeholders’ increasing demand for information and an innovative public accountability tool for Italian Public Schools (IPSs). Using a survey and cluster analysis, our study investigates current awareness and adoption of SR practices to improve the accountability of IPSs. The results show that SR practices are still underused and that IPSs fall into two main groups: “early movers”, which are highly sensitive to this tool and will employ it earlier, and “latecomers”, which show less awareness. Journal: Accounting Forum Pages: 381-403 Issue: 4 Volume: 43 Year: 2019 Month: 10 X-DOI: 10.1080/01559982.2019.1600107 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1600107 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:4:p:381-403 Template-Type: ReDIF-Article 1.0 Author-Name: Teerooven Soobaroyen Author-X-Name-First: Teerooven Author-X-Name-Last: Soobaroyen Author-Name: Collins G. Ntim Author-X-Name-First: Collins G. Author-X-Name-Last: Ntim Author-Name: Martin J. Broad Author-X-Name-First: Martin J. Author-X-Name-Last: Broad Author-Name: Dila Agrizzi Author-X-Name-First: Dila Author-X-Name-Last: Agrizzi Author-Name: Krishanti Vithana Author-X-Name-First: Krishanti Author-X-Name-Last: Vithana Title: Exploring the oversight of risk management in UK higher education institutions: the case of audit committees Abstract: We explore how audit committees (ACs) oversee risk management in UK Higher Education Institutions (HEIs), using semi-structured interviews, attendance at AC meetings and documentary analysis. We find that the AC’s oversight seems constrained by a fixation on the process of risk management, an over-reliance on risk registers, and varying levels of emphasis on operational risks. Theoretically, the AC’s oversight reflects different shades of symbolic and substantive activities designed to maintain the HEI’s legitimacy and that of its governing board, hence providing a symbolic representation. We raise concerns as to the AC’s ability to monitor effectively the HEIs’ risk management practices. Journal: Accounting Forum Pages: 404-425 Issue: 4 Volume: 43 Year: 2019 Month: 10 X-DOI: 10.1080/01559982.2019.1605872 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1605872 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:4:p:404-425 Template-Type: ReDIF-Article 1.0 Author-Name: Yingying Han Author-X-Name-First: Yingying Author-X-Name-Last: Han Author-Name: Parmod Chand Author-X-Name-First: Parmod Author-X-Name-Last: Chand Author-Name: Rajni Mala Author-X-Name-First: Rajni Author-X-Name-Last: Mala Title: Impact of ambiguity tolerance and tertiary education on professional judgment Abstract: We examine whether tertiary accounting education enables students to develop relevant expertise to tolerate ambiguity in International Financial Reporting Standards (IFRS) and exercise appropriate professional judgment. The results show that third-year accounting students are more tolerant of ambiguity than first-year students, though the difference is insignificant. A significant difference exists between first-year and third-year students in their preference for using IFRS across ten financial reporting contexts. The findings reveal that IFRS-based tertiary accounting education programs have a positive impact on preparing accounting students to practice under IFRS regime, hence accounting standard setters and educators should focus on enhancing such programs. Journal: Accounting Forum Pages: 426-447 Issue: 4 Volume: 43 Year: 2019 Month: 10 X-DOI: 10.1080/01559982.2019.1569813 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1569813 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:4:p:426-447 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Accounting Forum Journal: Accounting Forum Pages: 448-448 Issue: 4 Volume: 43 Year: 2019 Month: 10 X-DOI: 10.1080/01559982.2019.1655830 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1655830 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:4:p:448-448 Template-Type: ReDIF-Article 1.0 Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Nick Tsitsianis Author-X-Name-First: Nick Author-X-Name-Last: Tsitsianis Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Ya Ping Yin Author-X-Name-First: Ya Ping Author-X-Name-Last: Yin Title: Apple's financial success: The precariousness of power exercised in global value chains Abstract: The topic of this paper is the Apple Inc business model and how, in a financialized world, the success of this business model is represented by what we term financial ‘point values’. Our argument is that there is a tendency to promote specific point valuation multiples as measures of success, but these values, by their nature, do not reveal the contingent and variable nature of the power relations exercised in and along global supply chains. Firms such as Apple exploit their resources and capabilities to ‘create value’ but also exercise power to recalibrate relationships with suppliers in the value chain to secure ‘value capture’ for financial transformation. Value capture is an active ingredient that can help inform our understanding of the fragility of the Apple business model value proposition and frame a critical argument regarding the precarious nature and sustainability of Apple's substantial profit margins. Journal: Accounting Forum Pages: 268-279 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:268-279 Template-Type: ReDIF-Article 1.0 Author-Name: Alan Sitkin Author-X-Name-First: Alan Author-X-Name-Last: Sitkin Title: Working for the local community: Substantively broader/geographically narrower CSR accounting Abstract: Academics and practitioners have long debated the justifications for corporate social responsibility (CSR) and its areas of impact. Many of these discussions highlight CSR's social, environmental or corporate governance aspects but neglect another focus that is even more important to populations that are on the receiving end of a company's actions – the macro-economic effects of CSR on a specific population in a particular locality. This paper discusses substantive and geographic characteristics of CSR and contributes to the sparse research on sub-national level impacts (Albareda, Lozano, Tencati, Midttun, & Perrini, 2008; Fox, Ward, & Howard, 2002; Happaerts, 2012). Journal: Accounting Forum Pages: 315-324 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:315-324 Template-Type: ReDIF-Article 1.0 Author-Name: Birgitta Bergvall-Kåreborn Author-X-Name-First: Birgitta Author-X-Name-Last: Bergvall-Kåreborn Author-Name: Debra Howcroft Author-X-Name-First: Debra Author-X-Name-Last: Howcroft Title: The Apple business model: Crowdsourcing mobile applications Abstract: Much to Apple's chagrin, the ‘suicide express’ at the Foxconn manufacturing complex in China has been widely reported. While outsourcing the manufacture of technology components is neither new nor unique, the external sourcing of digital content is integral to the success of Apple's business model. In 2008, Apple opened up their platform to third-party IT developers, leveraging their expertise for the supply of applications. Apple's rapid dominance of the mobile market led to the emergence of a business model that weaves together Internet-enabled mobile devices with digital content, brought together within a closed proprietary platform or ecosystem. Applying a Global Production Network analysis, this paper reports on fieldwork among Apple mobile application developers in Sweden, the UK, and the US. The analysis shows that although some developers experience success, financial returns remain elusive and many encounter intense pressure to generate and market new products in a competitive and saturated market. Crowdsourcing allows Apple to effectively source development to a global base of software developers, capitalizing on the mass production of digital products while simultaneously managing to sidestep the incurred costs and responsibilities associated with directly employing a high-tech workforce. Journal: Accounting Forum Pages: 280-289 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:280-289 Template-Type: ReDIF-Article 1.0 Author-Name: Johnna Montgomerie Author-X-Name-First: Johnna Author-X-Name-Last: Montgomerie Author-Name: Samuel Roscoe Author-X-Name-First: Samuel Author-X-Name-Last: Roscoe Title: Owning the consumer—Getting to the core of the Apple business model Abstract: This paper uses a business model framework to analyze the main limitations of Apple Inc. post-2003, a significant turning point in the company's history. As such, we move beyond an exclusive focus on what makes Apple unique or different by evaluating the mundane and out-dated elements of its business model. To do so, we examine the end-to-end supply chain, from source to store, to present a more holistic evaluation of the Apple business model. Drawing on the existing literature, we argue that the quintessential element of the Apple business model is its ability to ‘own the consumer’. In short, the Apple business model is designed to drive consumers into its ecosystem and then hold them there, which has been hugely successful to date and has allowed Apple to wield enormous power in the end-to-end supply chain. We demonstrate this through a detailed evaluation of Apple's physical and content supply chains and its retailing strategy. Moreover, we find that the very business processes that enable unparalleled corporate control bring with them new problems that Apple has thus far been unable, or unwilling, to adequately address. Journal: Accounting Forum Pages: 290-299 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.06.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.06.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:290-299 Template-Type: ReDIF-Article 1.0 Author-Name: Andrew Bowman Author-X-Name-First: Andrew Author-X-Name-Last: Bowman Author-Name: Julie Froud Author-X-Name-First: Julie Author-X-Name-Last: Froud Author-Name: Sukhdev Johal Author-X-Name-First: Sukhdev Author-X-Name-Last: Johal Author-Name: Adam Leaver Author-X-Name-First: Adam Author-X-Name-Last: Leaver Author-Name: Karel Williams Author-X-Name-First: Karel Author-X-Name-Last: Williams Title: Opportunist dealing in the UK pig meat supply chain: Trader mentalities and alternatives Abstract: The scandal surrounding the presence of horsemeat in UK supermarket meat products has focused public attention on the problems of complex, fragmented food supply chains. Through a study of the UK's pig meat supply chain, this paper proposes a new framing of the problem in terms of opportunistic dealing adopted by the supermarkets in vertically disintegrated supply chains, where all actors attempt to pass the risks and costs onto somebody else. This outcome is the result of cultural practices and competences in buyer-led supermarket organizations where strong supermarket chains have the power to capture processor and producer margins. One consequence is that mass-market meat production and processing is close to unviable, as evidenced here by the analysis of the VION Food Group. However, there are mainstream alternatives to the retail-led dysfunctional supply chain. This paper presents an alternative integrated supply chain model using the case of Morrisons, the UK's fourth largest supermarket chain. If fragmented supply chains are not inevitable, the important issue explored in the conclusion is how the inadequacies of government policy, which understands the problem of the sector but is stuck with a competition-based mindset, obstruct the creation of a more sustainable supply chain. Journal: Accounting Forum Pages: 300-314 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:300-314 Template-Type: ReDIF-Article 1.0 Author-Name: William Lazonick Author-X-Name-First: William Author-X-Name-Last: Lazonick Author-Name: Mariana Mazzucato Author-X-Name-First: Mariana Author-X-Name-Last: Mazzucato Author-Name: Öner Tulum Author-X-Name-First: Öner Author-X-Name-Last: Tulum Title: Apple's changing business model: What should the world's richest company do with all those profits? Abstract: Apple Inc. stands out as the world's most famous, and currently richest, company. To the general public, Apple is known for three things: its intriguing CEO Steve Jobs, who has achieved iconic status in death as in life; its amazing iOS products, especially the iPhone and the iPad, and their predecessor the iPod, which have literally placed sophisticated technology in the hands of the masses; and its stratospheric stock price, which even when in March 2013 it had dropped to 63 percent of its September 2012 peak, gave Apple the highest market capitalization of any company in the world. As a result of its phenomenal success, at the end of fiscal 2012 Apple had $121 billion in liquid assets. In April 2013 the company committed to distributing as much as $100 billion to shareholders in stock buybacks and cash dividends by the end of calendar 2015. By employing the theory of innovative enterprise to analyze how over the course of its 37-year history Apple became so profitable, we argue that there is no economic justification from a risk-reward perspective for this distribution to Apple's shareholders. Taxpayers and workers have superior claims on these profits. In analyzing by whom value is created as a basis for considering for whom value should be extracted, we raise the implications of Apple's changing business model for the future of innovation at this heretofore exceptional American company and even in the U.S. economy as a whole. Journal: Accounting Forum Pages: 249-267 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:249-267 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Title: Accounting for the Apple Inc business model: Corporate value capture and dysfunctional economic and social consequences Abstract: In this special issue the authors account for the Apple Inc innovative business model in terms of its capacity to create and capture value from its global supply chain. The authors argue that there are a number of reasons why the Apple business model may not be sustainable and more broadly explore the dysfunctional social and economic aspects of corporate behavior that seeks to fragment and elongate global value chains to capture value within the firms financial reporting boundary whilst displacing cost and risk. Journal: Accounting Forum Pages: 245-248 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:245-248 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Accounting and Business Research Special Issue Call for Papers Journal: Accounting Forum Pages: 325-327 Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/j.accfor.2013.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:325-327 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 37 Year: 2013 Month: 12 X-DOI: 10.1016/S0155-9982(13)00050-1 File-URL: http://hdl.handle.net/10.1016/S0155-9982(13)00050-1 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Rob Gray Author-X-Name-First: Rob Author-X-Name-Last: Gray Author-Name: Andrew Brennan Author-X-Name-First: Andrew Author-X-Name-Last: Brennan Author-Name: Jeff Malpas Author-X-Name-First: Jeff Author-X-Name-Last: Malpas Title: New accounts: Towards a reframing of social accounting Abstract: This paper is a speculative and exploratory essay on the emerging field of social accounting. In essence, the paper explores whether the fact that most social accounting has, traditionally at any rate, being promulgated by accountants might be a partial explanation for its self-disciplining limitations and, arguably, its weak inroads into discourse and practice. Through the lens of Erik Olin Wright's work, the paper reconsiders the potential of the social accounting project(s) and argues for the importance of accounts as a means of interstitial transformation as a complement to the traditional privileging of accounts directed towards symbiotic transformations. Journal: Accounting Forum Pages: 258-273 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2013.10.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.10.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:258-273 Template-Type: ReDIF-Article 1.0 Author-Name: Brennan G. Allen Author-X-Name-First: Brennan G. Author-X-Name-Last: Allen Title: What's new about New accounts? Assessing change proposals for social and environmental accounting Abstract: This paper considers recent calls to rejuvenate social and environmental accounting, particularly Gray, Brennan, and Malpas (2014). They see the history of SEA as one of few successes and many failures, warranting radical change. Others consider change-potentials of SEA as under-recognised. SEA faces a conundrum: has it failed? If so, why? And what to do now? I find SEA has contributed to its own ills, and that change-potentials of accounting remain under-explored. I suggest tensions between SEA and accounting may be ameliorated by revisioning the relationship. Migration outside the orbit of accounting without doing so invites unintended consequences. Journal: Accounting Forum Pages: 278-287 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2014.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:278-287 Template-Type: ReDIF-Article 1.0 Author-Name: Sumit Lodhia Author-X-Name-First: Sumit Author-X-Name-Last: Lodhia Title: Towards a pragmatic social accounting Journal: Accounting Forum Pages: 288-290 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2014.04.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.04.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:288-290 Template-Type: ReDIF-Article 1.0 Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Title: Responsible social accounting communities, symbolic activism and the reframing of social accounting. A commentary on new accounts: Towards a reframing of social accounting Abstract: •Social accounting research: individual successes but collective failure?•How to mobilise intellectual capital accrued through critical and social accounting research.•Reconceptualise social accounting academic as a community of symbolic activists.•Educate! Organise! Agitate!•Ideas for action. Journal: Accounting Forum Pages: 275-277 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2014.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:275-277 Template-Type: ReDIF-Article 1.0 Author-Name: Ralf Barkemeyer Author-X-Name-First: Ralf Author-X-Name-Last: Barkemeyer Author-Name: Breeda Comyns Author-X-Name-First: Breeda Author-X-Name-Last: Comyns Author-Name: Frank Figge Author-X-Name-First: Frank Author-X-Name-Last: Figge Author-Name: Giulio Napolitano Author-X-Name-First: Giulio Author-X-Name-Last: Napolitano Title: CEO statements in sustainability reports: Substantive information or background noise? Abstract: •We use sentiment analysis to analyze CEO statements of corporate sustainability reports.•We conduct a longitudinal analysis, of the rhetoric used in these CEO statements.•In contrast to financial reporting there is no discriminatory value of CEO statements.•Unlike in financial reporting we do not find a link between reporting and performance.•This missing link persists despite increased standardization of sustainability reporting.This paper examines the question of whether corporate sustainability reports can serve as accurate and fair representations of corporate sustainability performance. It presents the results of a sentiment analysis of CEO statements in corporate sustainability reports and corporate financial reports between 2001 and 2010. Making an analogy with corporate financial reporting it is expected that if corporate sustainability reports accurately reflect sustainability performance, then this should be reflected in the rhetoric used. The analysis shows that the rhetoric in the CEO statements of sustainability reports is indicative of impression management rather than accountability, despite increasing standardization of sustainability reporting. Journal: Accounting Forum Pages: 241-257 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2014.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:241-257 Template-Type: ReDIF-Article 1.0 Author-Name: Cornelia Beck Author-X-Name-First: Cornelia Author-X-Name-Last: Beck Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: On Gray, Malpas, and Brennan's “The role of social accounts: Situating political ideas” Abstract: In this paper we situate the political ideas that emanate from Gray, Malpas and Brennan on the role of social accounts (GBM in this issue). We explore Brennan's and Malpas’ work and commentary on social accounts in view of existent work in social and environmental accounting. We especially focus on the concept of affluenza and understanding of space and the role of accounting and raise questions that remain unanswered by the authors. Journal: Accounting Forum Pages: 291-295 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2014.07.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.07.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:291-295 Template-Type: ReDIF-Article 1.0 Author-Name: Rob Gray Author-X-Name-First: Rob Author-X-Name-Last: Gray Author-Name: Jeff Malpas Author-X-Name-First: Jeff Author-X-Name-Last: Malpas Author-Name: Andrew Brennan Author-X-Name-First: Andrew Author-X-Name-Last: Brennan Title: New accounts of old accounts, the chatter of silence and not being who we are not Journal: Accounting Forum Pages: 296-298 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2014.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:296-298 Template-Type: ReDIF-Article 1.0 Author-Name: Thereza Raquel Sales de Aguiar Author-X-Name-First: Thereza Raquel Sales Author-X-Name-Last: de Aguiar Author-Name: Jan Bebbington Author-X-Name-First: Jan Author-X-Name-Last: Bebbington Title: Disclosure on climate change: Analysing the UK ETS effects Abstract: •Study organisations that took part in the UK Emissions Trading Scheme (UK ETS).•Compare disclosure produced on climate change in annual and standalone reports.•Suggest a coding instrument based on a synthesis of disclosure recommendations.•UK ETS did influence corporate environmental disclosure on climate change.•Disclosures in annual and standalone reports are different and may be complementary.The objective of this paper is to explore the nature of disclosure on climate change in annual and standalone reports of organisations who took part in the UK Emissions Trading Scheme (UK ETS). This article uses content analysis to codify disclosure in order to compare disclosure in different media as well as the possible effect that membership in an emissions trading scheme may have had on reporting. The results suggest the UK ETS was associated with differences in disclosure. This study contributes to the literature by providing a longitudinal study in two disclosure media in the UK ETS context. Journal: Accounting Forum Pages: 227-240 Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/j.accfor.2014.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:227-240 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 38 Year: 2014 Month: 12 X-DOI: 10.1016/S0155-9982(14)00048-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(14)00048-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Lee Moerman Author-X-Name-First: Lee Author-X-Name-Last: Moerman Author-Name: Sandra van der Laan Author-X-Name-First: Sandra Author-X-Name-Last: van der Laan Title: Pursuing shareholder value: The rhetoric of James Hardie Abstract: In this paper we analyse the media release by James Hardie Industries Limited (JHIL) announcing the establishment of a separate entity to fund current and future asbestos litigation claims using the interpretive tool of rhetorical criticism. At the centre of the corporate reorganisation which alienated asbestos-related liabilities from the corporate group was the concept of shareholder value. This concept was presented as an unequivocal rationale to persuade the public that the reorganisation would resolve the asbestos liability issue and benefit both shareholders and legitimate asbestos claimants alike. Accounting is implicated by the use of accounting concepts such as assets and liabilities to persuade stakeholders of the financial viability of the new entity. These concepts were presented as objective and unproblematic without consideration of the nuances of accounting measurement, recognition and disclosure criteria. Journal: Accounting Forum Pages: 354-369 Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/j.accfor.2007.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:354-369 Template-Type: ReDIF-Article 1.0 Author-Name: Jeffrey Unerman Author-X-Name-First: Jeffrey Author-X-Name-Last: Unerman Author-Name: Brendan O’Dwyer Author-X-Name-First: Brendan Author-X-Name-Last: O’Dwyer Title: The business case for regulation of corporate social responsibility and accountability Abstract: This paper develops an alternative (or supplementary) theoretical justification for the regulation of corporate social responsibility (CSR) and social and environmental accounting and reporting (SEAR) to the justification contained in the extant academic literature. It does this by demonstrating how, contrary to the dominant business discourse, increased regulation designed to protect the social and environmental interests of a range of stakeholders can also serve to enhance corporate economic performance and shareholder value. Journal: Accounting Forum Pages: 332-353 Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/j.accfor.2007.08.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.08.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:332-353 Template-Type: ReDIF-Article 1.0 Author-Name: Brendan McSweeney Author-X-Name-First: Brendan Author-X-Name-Last: McSweeney Title: The pursuit of maximum shareholder value: Vampire or Viagra? Journal: Accounting Forum Pages: 325-331 Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/j.accfor.2007.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:325-331 Template-Type: ReDIF-Article 1.0 Author-Name: Bill Ryan Author-X-Name-First: Bill Author-X-Name-Last: Ryan Title: Budgeting, the individual and the capital market: A case of fiscal stress Abstract: Budgetary control is a major aspect of management control. It has undergone major shifts of emphasis in both the literature and practice in the later part of the 20th century. A significant influence on the changing practices of this aspect of control has been the growth of and increased influence of the capital market. This paper draws on a detailed field study focusing on the problematic nature of budgetary control in a changing operational environment that acknowledges both the importance, internally, of the organisation members and their contribution to continued growth—and externally the growing influence of shareholders on business operations. The focus of the paper is on the effects of the constant pressure of the share price on the case unit of analysis and how that changed the use of the budgetary control system. This change is illustrated both at a macro level of organisational accountability for predicted results and also as it is driven down the organisation to the level of the individual. Journal: Accounting Forum Pages: 384-397 Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/j.accfor.2007.09.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.09.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:384-397 Template-Type: ReDIF-Article 1.0 Author-Name: Kenneth Wm. Kury Author-X-Name-First: Kenneth Wm. Author-X-Name-Last: Kury Title: Decoupled earnings: An institutional perspective of the consequences of maximizing shareholder value Abstract: Recent accounting scandals have brought focus on the role of management in financial statement manipulation. This focus on micro-behavior does not capture the complexities of earnings management. Taking an institutional rather than agency theory approach, earnings management is posited as a decoupled behavior. A behavior that results from not only agency-based motivations of self-interests, but also regulative, normative, and cultural-cognitive legitimacy pressures. Conformity to the central logic of “maximizing shareholder value” found in the “US financial market” institutional field provides the context in which to explore earnings management as a decoupled behavior. Insights for earnings management include the blending of agency and institutional theory perspectives to gain a more complete understanding of the behavior and the positing of a continuum of earnings management conducive to this merger. Institutional theory benefits from exploring the nesting in multiple institutional fields. Journal: Accounting Forum Pages: 370-383 Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/j.accfor.2007.09.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.09.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:370-383 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/S0155-9982(07)00057-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(07)00057-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Volume Contents Journal: Accounting Forum Pages: iii-iv Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/S0155-9982(07)00062-2 File-URL: http://hdl.handle.net/10.1016/S0155-9982(07)00062-2 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:iii-iv Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Author Index Journal: Accounting Forum Pages: v-v Issue: 4 Volume: 31 Year: 2007 Month: 12 X-DOI: 10.1016/S0155-9982(07)00063-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(07)00063-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:4:p:v-v Template-Type: ReDIF-Article 1.0 Author-Name: Sanjaya Kuruppu Author-X-Name-First: Sanjaya Author-X-Name-Last: Kuruppu Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Commentary: A proposal for theoretical models of stakeholder perceptions of a new financial reporting system Abstract: This commentary explores the article by Fontes et al. published in this issue of Accounting Forum. They argue that the scope of IFRS continues to widen across the world, using a number of social science disciplines to discuss stakeholder perceptions of change. The commentary uses Hegel's Science of Logic to situate their arguments through four key theoretical approaches that are prominent in the accounting literature. Ultimately, this has the potential to position IASB frameworks in such a way as to challenge the economic and neoliberal logic on which modern accounting is based. Journal: Accounting Forum Pages: 167-169 Issue: 2 Volume: 42 Year: 2018 Month: 6 X-DOI: 10.1016/j.accfor.2016.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:2:p:167-169 Template-Type: ReDIF-Article 1.0 Author-Name: Richard Slack Author-X-Name-First: Richard Author-X-Name-Last: Slack Author-Name: Ioannis Tsalavoutas Author-X-Name-First: Ioannis Author-X-Name-Last: Tsalavoutas Title: Integrated reporting decision usefulness: Mainstream equity market views Abstract: •Interviews with 22 mainstream UK equity market actors.•Despite institutional support, demand for, and decision-usefulness of, by equity market actors is low.•Low level of discourse within equity market and between users.•Concerns over the Framework and reporting comparability and consistency.•Lack of mandatory compliance and assurance further militates against use.The International Integrated Reporting () Framework (2013) identified providers of financial capital as its primary users. This research provides evidence from 22 mainstream equity market actors, employed by global investment houses, regarding the decision usefulness of and resistances to , as a reporting framework. Despite institutional-level support for , the interviews reveal that its usefulness to fund managers and equity analysts is low. Concerns are evident over the Framework design and its relevance to more structural issues pertaining to equity market culture. The implication of this is that may become a reporting fad, not embedded into mainstream investment thinking. Journal: Accounting Forum Pages: 184-198 Issue: 2 Volume: 42 Year: 2018 Month: 6 X-DOI: 10.1016/j.accfor.2018.01.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.01.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:2:p:184-198 Template-Type: ReDIF-Article 1.0 Author-Name: Laurence Ferry Author-X-Name-First: Laurence Author-X-Name-Last: Ferry Author-Name: Zamzulaila Zakaria Author-X-Name-First: Zamzulaila Author-X-Name-Last: Zakaria Author-Name: Zarina Zakaria Author-X-Name-First: Zarina Author-X-Name-Last: Zakaria Author-Name: Richard Slack Author-X-Name-First: Richard Author-X-Name-Last: Slack Title: Framing public governance in Malaysia: Rhetorical appeals through accrual accounting Abstract: •The study focus is rhetorical appeals to logic, credibility and emotion in framing accrual accounting for good governance and anti-corruption.Fig. 1Implementation Strategies.Source: Accountant General Office (Wan Sulaiman, CAPAM Biennial Conference, 2014).Fig. 2Critical Success Factors.Source: Accountant General Office (Wan Sulaiman, CAPAM Biennial Conference, 2014).Fig. 3Governance Framework.Source: Treasury Circular 1.2/2013.•We provide a case study of the adoption of accrual accounting in Malaysia employing the theoretical lens of Goffman frame analysis.•Accrual accounting can potentially improve governance and anti-corruption, but is not a panacea; other institutions also need to be strong.•The discourses around adoption of accrual accounting point to the potential of accounting for broader social outcomes.In government, the challenges of governance and anti-corruption are exacerbated by accounting not being fit for purpose. In developing countries, many governments adopt accrual accounting as a panacea. Drawing on Goffman's frame analysis, and rhetorical appeals to logic, credibility and emotion, this paper examines the adoption of accrual accounting in Malaysia. It was found accrual accounting has potential for keying governance and anti-corruption. However, rhetorical appeals that attempt to legitimate neo-liberalism and engender public support in the name of progress were hindered by perceptions of endemic corruption and relatively weak democratic institutions of ‘good’ governance common to developing countries. Journal: Accounting Forum Pages: 170-183 Issue: 2 Volume: 42 Year: 2018 Month: 6 X-DOI: 10.1016/j.accfor.2017.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:2:p:170-183 Template-Type: ReDIF-Article 1.0 Author-Name: Teng Li Author-X-Name-First: Teng Author-X-Name-Last: Li Author-Name: Ataur Belal Author-X-Name-First: Ataur Author-X-Name-Last: Belal Title: Authoritarian state, global expansion and corporate social responsibility reporting: The narrative of a Chinese state-owned enterprise Abstract: This case study examines why stand-alone Corporate Social Responsibility (CSR) reporting has been initiated in a Chinese state-owned enterprise (SOE). Chinese SOEs have been pioneering CSR reporting since the mid–2000 s and extant literature interprets its development as no more than a consequence of government interventions. However, there is a dearth of qualitative evidence illuminating the subtle interrelationships between the global, national and internal organisational dynamics mediating CSR reporting initiative of Chinese SOEs within the authoritarian state. To fill this gap, we provide a nuanced multi-level institutional analysis of the drivers underlying the initiation of CSR reporting within the case examined. Journal: Accounting Forum Pages: 199-217 Issue: 2 Volume: 42 Year: 2018 Month: 6 X-DOI: 10.1016/j.accfor.2018.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:2:p:199-217 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 42 Year: 2018 Month: 6 X-DOI: 10.1016/S0155-9982(18)30119-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(18)30119-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Journal: Accounting Forum Pages: 1-1 Issue: 2 Volume: 42 Year: 2018 Month: 6 X-DOI: 10.1016/S0155-9982(18)30125-X File-URL: http://hdl.handle.net/10.1016/S0155-9982(18)30125-X File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:2:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Tom McLean Author-X-Name-First: Tom Author-X-Name-Last: McLean Title: The measurement and management of human performance in seventeenth century English farming: The case of Henry Best Abstract: Agriculture is one of the oldest and most important forms of organised human activity Roberts [Roberts, J. M. (1988). The Pelican History of the World. London: Penguin, p. 49] but accounting historians have paid it relatively little attention when investigating the measurement and management of human performance. Undertaking a detailed analysis of the records of Henry Best, a seventeenth century English farmer, the current paper seeks to remedy this deficit. The current research finds that Best maintained financial records but notes that, in the absence of external accountability relationships and professional accounting, these records were not used for the calculation of financial performance or financial position but were employed simply to maintain track of transactions and to hold his workforce accountable for their performance. In drawing up a treatise on operational farm management for the benefit of his son and heir, who did subsequently employ this treatise, Best made extensive use of non-financial information. Best advocated that, when managing human performance, personal supervision should be guided by appropriate measurement systems: presaging later developments in scientific management, Best developed, inter alia, labour classifications, specified rates of pay, and required working methods and output levels. Like labour tasking on nineteenth century slave plantations, Best's methods may be perceived as “thematic precursor(s) to accounting-based disciplinary controls like standard costs and a transitory element from pre-modern to modern control systems” Tyson [Tyson, T., et al. (2004). Theoretical perspectives on accounting for labor on slave plantations of the USA and British West Indies. Accounting Auditing & Accountability Journal, 17(5), p. 758]. Journal: Accounting Forum Pages: 62-73 Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/j.accfor.2008.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:62-73 Template-Type: ReDIF-Article 1.0 Author-Name: Mark Billings Author-X-Name-First: Mark Author-X-Name-Last: Billings Author-Name: Forrest Capie Author-X-Name-First: Forrest Author-X-Name-Last: Capie Title: Transparency and financial reporting in mid-20th century British banking Abstract: Until 1970, British banks were firm believers in the merits of ‘non-disclosure’, which obscured their ‘true’ profits and capital through profits smoothing and the use of hidden reserves. Many other companies adopted the same view for as long as legislation permitted, but there were special reasons why non-disclosure endured for longer in banking. This paper examines the persistence and demise of non-disclosure in banking, placing it in the context of the wider development of financial reporting in Britain, and highlights similarities and differences in financial reporting between banks and other types of company. Journal: Accounting Forum Pages: 38-53 Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/j.accfor.2008.07.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:38-53 Template-Type: ReDIF-Article 1.0 Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Author-Name: David Oldroyd Author-X-Name-First: David Author-X-Name-Last: Oldroyd Title: Financial accounting: Past, present and future Journal: Accounting Forum Pages: 1-10 Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/j.accfor.2008.07.009 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.009 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:1-10 Template-Type: ReDIF-Article 1.0 Author-Name: Jill Frances Solomon Author-X-Name-First: Jill Frances Author-X-Name-Last: Solomon Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Title: Satanic Mills? Abstract: The paper evaluates a Victorian environmental account of the pollution of the River Wandle. This account was produced during a period of social and environmental crisis, when there were no significant industrial environmental regulations. This problematising external environmental account provides valuable insights into the historical development of social and environmental accounting. Our analysis located this account within an institutional reform programme to create systems of governance to mitigate the damage arising from unfettered industrial growth. We argue that problematising external environmental accounting has a longer tradition than previously recognised in the literature and predates corporate social and environmental reporting. Journal: Accounting Forum Pages: 74-87 Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/j.accfor.2008.07.012 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.012 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:74-87 Template-Type: ReDIF-Article 1.0 Author-Name: Nina T. Dorata Author-X-Name-First: Nina T. Author-X-Name-Last: Dorata Title: History repeats itself: The acquisition method and nonrecurring charges Abstract: The Financial Accounting Standards Board issued Statement No. 141 (R) that replaces Statement of Financial Accounting Standard No. 141, Business Combinations. The new standard mandates use of the acquisition method, which requires expense treatment for acquisition-related transaction costs. Expense treatment is a departure from purchase accounting procedures, but is consistent with past guidance of Accounting Principles Board Opinion No. 16 for the pooling-of-interests method. Restoration of historical and controversial accounting procedures resurrects past outcomes. This study utilizes econometric techniques to predict outcomes of the acquisition method. Evidence indicates that expensing acquisition-related costs may improve transparent reporting. The results, based on 638 business combinations from 1994 through 1998, support the expectation that expense treatment for acquisition-related costs increases the likelihood that these costs appear more frequently and are greater in magnitude. Journal: Accounting Forum Pages: 11-26 Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/j.accfor.2008.07.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:11-26 Template-Type: ReDIF-Article 1.0 Author-Name: Corinne L. Cortese Author-X-Name-First: Corinne L. Author-X-Name-Last: Cortese Author-Name: Helen J. Irvine Author-X-Name-First: Helen J. Author-X-Name-Last: Irvine Author-Name: Mary A. Kaidonis Author-X-Name-First: Mary A. Author-X-Name-Last: Kaidonis Title: Extractive industries accounting and economic consequences: Past, present and future Abstract: Accounting for the extractive industries has been a contested issue for decades as a result of a choice of different methods of costing available and the economic impacts of these methods on companies’ financial results. When the International Accounting Standards Board (IASB) embarked on its extractive industries project in 1998, it attempted to create uniform accounting practices. An archival study of constituent responses to the IASB's Issues Paper revealed that the economic consequences argument was relied upon again to argue for retaining choice. The IASB's international accounting standard, IFRS 6, issued in 2004, once again permitted choice between methods, illustrating the effectiveness of the economic consequences argument in perpetuating past practice. Journal: Accounting Forum Pages: 27-37 Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/j.accfor.2008.07.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:27-37 Template-Type: ReDIF-Article 1.0 Author-Name: Roy A. Chandler Author-X-Name-First: Roy A. Author-X-Name-Last: Chandler Author-Name: Nadine Fry Author-X-Name-First: Nadine Author-X-Name-Last: Fry Title: Regulating a reluctant profession: Holding solicitors to account Abstract: Solicitors are often placed in a position of trust where they hold money on behalf of their clients. Instances of the misuse of clients’ money have been a recurring feature in the history of the legal profession in England and Wales. Yet the legal establishment was slow to impose the same standards of accountability on its members which had long been expected of other members of society and continued to prevaricate many years after the need for financial regulations had been demonstrated through a series of scandals. This paper provides a detailed review of the evolution of basic accounting regulations governing the legal profession. Journal: Accounting Forum Pages: 54-61 Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/j.accfor.2008.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:54-61 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 33 Year: 2009 Month: 3 X-DOI: 10.1016/S0155-9982(08)00067-7 File-URL: http://hdl.handle.net/10.1016/S0155-9982(08)00067-7 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Richard A. Iley Author-X-Name-First: Richard A. Author-X-Name-Last: Iley Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: Has the global financial crisis produced a New World Order? Abstract: Described by Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, as the worst financial crisis in global history, the economic impact of the global financial crisis would have been much worse had it not been for Asia (excluding Japan). In broad terms, the crisis has accelerated the secular emergence of Asia, whereas the US recovery is weak by historical standards and problems in Europe continue. What accounts for this two-tier pattern of world growth? Does this juxtaposition signal a permanent re-ordering of world business – in other words, a New World Order? Journal: Accounting Forum Pages: 90-103 Issue: 2 Volume: 35 Year: 2011 Month: 6 X-DOI: 10.1016/j.accfor.2011.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:2:p:90-103 Template-Type: ReDIF-Article 1.0 Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Title: The nature, use and impression management of graphs in social and environmental accounting Abstract: Social and environmental reports are growing in popularity. They are voluntary, unregulated documents. This study investigates graph usage in social and environmental reports. The findings show that graphs are widely used. Key managerial preferences are shown to be air pollution, waste output, energy usage and employees. High profile industrial sectors, particularly the extractive industry, used graphs the most. There was clear evidence of impression management in graph usage. In terms of trends selected and in the distortion of those trends, there was an overwhelming portrayal of good rather than bad news. Companies in high impact industries tended to present relatively more good news than bad news in graphs and distort graphs relatively more favourably than those in low impact companies. This was particularly true for one high impact industry, the extractive industry. Companies are not, therefore, using graphs properly to enhance the communicative effectiveness of their corporate social and environmental disclosures. Journal: Accounting Forum Pages: 75-89 Issue: 2 Volume: 35 Year: 2011 Month: 6 X-DOI: 10.1016/j.accfor.2011.03.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.03.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:2:p:75-89 Template-Type: ReDIF-Article 1.0 Author-Name: Grigorios Theodosopoulos Author-X-Name-First: Grigorios Author-X-Name-Last: Theodosopoulos Title: Voluntary hospices in England: A viable business model? Abstract: This article is concerned with how the UK Government’s End of Life Care Strategy seeks to draw upon the capacity and additional choice provided by voluntary charitable hospices in England. Constructing a hospice financial business model we consider the extent to which the policy intersection outlined in the Governments End of Life Care Strategy between Primary Care Trust (PCT) commissioning and the contribution of voluntary hospices is now robust or fragile going forward. Analysis in this paper reveals how charitable income streams donated to voluntary hospices are significant relative to government funding but that this income is uncertain and volatile. Hospices trustees thus maintain balance sheet reserves and invest in capital markets to secure additional financial leverage. In this paper we argue that this serves to recycle and amplify financial uncertainty at a time when the demand for palliative care will increase. The UK population is ageing and hospices are under pressure to provide increased scope for end of life care. Government policy must address the contradictory forces that operate within the hospice business model to secure the capacity to deliver palliative care and patient choice going forward. Journal: Accounting Forum Pages: 118-125 Issue: 2 Volume: 35 Year: 2011 Month: 6 X-DOI: 10.1016/j.accfor.2011.03.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.03.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:2:p:118-125 Template-Type: ReDIF-Article 1.0 Author-Name: Leire Alcaniz Author-X-Name-First: Leire Author-X-Name-Last: Alcaniz Author-Name: Fernando Gomez-Bezares Author-X-Name-First: Fernando Author-X-Name-Last: Gomez-Bezares Author-Name: Robin Roslender Author-X-Name-First: Robin Author-X-Name-Last: Roslender Title: Theoretical perspectives on intellectual capital: A backward look and a proposal for going forward Abstract: In recent years the intellectual capital literature has exhibited relatively few new theoretical contributions, in contrast to the flurry of such work in the period 1996–2003. The purpose of the present paper is to revisit a number of the major theoretical contributions to the intellectual capital field in order to identify where any renewal of theoretical endeavour might be targeted. The greater part of the existing theoretical corpus is found to have a normative quality, something particularly evident in policy-oriented contributions on accounting for intellectual capital. The continued absence of a critical perspective on intellectual capital is identified to be a worrying lacuna, and thereby a potentially valuable space for a further round of theoretical activity. Journal: Accounting Forum Pages: 104-117 Issue: 2 Volume: 35 Year: 2011 Month: 6 X-DOI: 10.1016/j.accfor.2011.03.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.03.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:2:p:104-117 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 2 Volume: 35 Year: 2011 Month: 6 X-DOI: 10.1016/S0155-9982(11)00021-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(11)00021-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:2:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Keith T. Jones Author-X-Name-First: Keith T. Author-X-Name-Last: Jones Author-Name: Steven C. Hunt Author-X-Name-First: Steven C. Author-X-Name-Last: Hunt Author-Name: Clement C. Chen Author-X-Name-First: Clement C. Author-X-Name-Last: Chen Title: Auditors’ performance evaluations: An experimental analysis of the effects of initial impressions and task-specific experience on information later recalled Abstract: Professional auditors at two firms completed a computerized task designed to test the effects of initial impressions and experience upon the information later recalled about a subordinate. Subjects were given either a positive, negative, or neutral initial impression with respect to the subordinate's technical competence. They then reviewed randomly presented behavioral descriptions, completed an unrelated “distracter” task, and completed a free recall task related to the subordinate from the original task. Subjects inheriting a negative initial impression exhibited a greater tendency toward recall of weakness-related information compared to those given no specific initial impression. Those given a positive initial impression did not exhibit a similar confirmatory tendency. Experience in performance evaluation was associated with greater recall of unfavorable information, but only for subjects given no initial impression. Journal: Accounting Forum Pages: 213-224 Issue: 3 Volume: 32 Year: 2008 Month: 9 X-DOI: 10.1016/j.accfor.2007.12.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.12.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:3:p:213-224 Template-Type: ReDIF-Article 1.0 Author-Name: Barbara Flood Author-X-Name-First: Barbara Author-X-Name-Last: Flood Author-Name: Richard M.S. Wilson Author-X-Name-First: Richard M.S. Author-X-Name-Last: Wilson Title: An exploration of the learning approaches of prospective professional accountants in Ireland Abstract: In light of the ongoing accounting education change debate, it is surprising that few prior studies have explored student learning issues within professional accounting education. This paper investigates the learning approaches of students preparing for the qualifying examination of a professional accountancy body in Ireland. The findings reveal that strategic learning approaches dominated, as students engaged in learning activities which they considered were most likely to lead to examination success. Variations between the learning approaches based on gender are also considered and the approaches of students who were ultimately successful at the examination were compared to those who failed. Journal: Accounting Forum Pages: 225-239 Issue: 3 Volume: 32 Year: 2008 Month: 9 X-DOI: 10.1016/j.accfor.2008.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:3:p:225-239 Template-Type: ReDIF-Article 1.0 Author-Name: Kate Grosser Author-X-Name-First: Kate Author-X-Name-Last: Grosser Author-Name: Jeremy Moon Author-X-Name-First: Jeremy Author-X-Name-Last: Moon Title: Developments in company reporting on workplace gender equality? Abstract: This paper investigates the extent to which external reporting by UK best practice companies now includes performance information about gender equality in the workplace. It examines the reasons for company disclosure on this issue and the barriers to better reporting. Journal: Accounting Forum Pages: 179-198 Issue: 3 Volume: 32 Year: 2008 Month: 9 X-DOI: 10.1016/j.accfor.2008.01.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.01.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:3:p:179-198 Template-Type: ReDIF-Article 1.0 Author-Name: David Gwilliam Author-X-Name-First: David Author-X-Name-Last: Gwilliam Author-Name: Richard H.G. Jackson Author-X-Name-First: Richard H.G. Author-X-Name-Last: Jackson Title: Fair value in financial reporting: Problems and pitfalls in practice Abstract: This paper contributes to the debate on the use of mark to market accounting in financial reporting by means of a case study-based examination of the use of mark to market accounting by Enron Corp. in the years immediately preceding its collapse. Set in the context of historical developments in and theoretical discussion upon asset valuation and income measurement, the case study highlights: (i) the ease with which Enron was able to ‘monetize’ physical assets so as to bring them within the remit of mark to market accounting; (ii) the unreliability of valuation estimates provided by independent third parties; and (iii) the asymmetry between management desire to recognise mark to market gains through the income statement in contrast to their desire to avoid recognising mark to market losses. Journal: Accounting Forum Pages: 240-259 Issue: 3 Volume: 32 Year: 2008 Month: 9 X-DOI: 10.1016/j.accfor.2008.01.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.01.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:3:p:240-259 Template-Type: ReDIF-Article 1.0 Author-Name: Jim Stewart Author-X-Name-First: Jim Author-X-Name-Last: Stewart Title: Financial flows and treasury management firms in Ireland Abstract: The use of tax havens is a pervasive part of modern economic activity. Treasury management subsidiaries who are key conduits in the global intra-firm movement of funds are often located in tax havens or in countries with tax haven type features. This paper shows how two recent European Court of Justice cases dealing with treasury management firms located in Ireland, have helped secure the legal and tax benefits of such operations. The paper examines financial flows and other financial characteristics of 46 treasury management firms based in Ireland for the period 1998–05. While financial flows are large, they are highly variable from period to period. These firms are highly profitable, but median employment is zero. The paper concludes that while recent court cases have supported the existence of both low tax regimes and treasury management type operations within the EU, their continued existence is opposed by many EU and non EU countries as being at variance with legislation to counteract tax avoidance. Journal: Accounting Forum Pages: 199-212 Issue: 3 Volume: 32 Year: 2008 Month: 9 X-DOI: 10.1016/j.accfor.2008.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:3:p:199-212 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 3 Volume: 32 Year: 2008 Month: 9 X-DOI: 10.1016/S0155-9982(08)00032-X File-URL: http://hdl.handle.net/10.1016/S0155-9982(08)00032-X File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:3:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Darrin Grimsey Author-X-Name-First: Darrin Author-X-Name-Last: Grimsey Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: Are Public Private Partnerships value for money? Abstract: In an earlier article in this journal (Grimsey, D., & Lewis, M. K. (2002b). Accounting for Public Private Partnerships. Accounting Forum, 26(3), 245–270), we examined the intricacies of the accounting issues raised by Public Private Partnerships (PPPs). It was argued that the critical accounting question from the public sector's viewpoint is not one of whether the arrangement is on or off balance sheet, but whether it represents good value for money. However, determining value for money for a PPP is an area in which, despite strong criticisms by a number of academic writers of the methods used by practitioners to evaluate value for money, surprisingly little engagement has taken place between the practitioners and the academics on the issues involved. This paper attempts to provide such an engagement. At the same time, because many of the academic critiques focus on the situation in one country (particularly the UK or Australia), we try to put matters into a broader, comparative context by considering approaches to value for money tests in a number of countries. Our examination is thus comparative in the sense of considering value for money tests in different countries, while also comparing the views of academics and practitioners. Journal: Accounting Forum Pages: 345-378 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/j.accfor.2005.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:345-378 Template-Type: ReDIF-Article 1.0 Author-Name: Trevor Hassall Author-X-Name-First: Trevor Author-X-Name-Last: Hassall Author-Name: John Joyce Author-X-Name-First: John Author-X-Name-Last: Joyce Author-Name: José Luis Arquero Montaño Author-X-Name-First: José Luis Author-X-Name-Last: Arquero Montaño Author-Name: José Antonio Donoso Anes Author-X-Name-First: José Antonio Author-X-Name-Last: Donoso Anes Title: Priorities for the development of vocational skills in management accountants: A European perspective Abstract: In recent years there have been many calls for a re-orientation of accounting education in order to include the development of competencies such as communication, group working, and problem solving skills. However, concern has been expressed that the proposed changes are possibly biased towards the interests of public accounting employers. This paper presents and compares the opinions of the employers of management accountants in Spain and the UK, and then by using a weighted importance indicator determines vocational skills development priorities. The factors that the Spanish and UK employers identified as major constraints to the development of vocational skills are also compared. Journal: Accounting Forum Pages: 379-394 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/j.accfor.2005.03.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:379-394 Template-Type: ReDIF-Article 1.0 Author-Name: Matias Laine Author-X-Name-First: Matias Author-X-Name-Last: Laine Title: Meanings of the term ‘sustainable development’ in Finnish corporate disclosures Abstract: There is an on-going discursive struggle over how the social and environmental problems related to modern societies should be understood and resolved. Sustainable development has become a pre-eminent concept in these discussions and businesses are increasingly employing the term in their communications. However, sustainable development means “different things to different people in different contexts” [Bebbington, J. (2001). Sustainable development: A review of the international development, business and accounting literature. Accounting Forum, 25(2), 128–157; see p. 129]. Thus, there have been recent calls in the literature to analyse what the companies are actually saying in their disclosures [Thomson, I., & Bebbington, J. (2005). Social and environmental reporting in the UK: A pedagogic evaluation. Critical Perspectives on Accounting; Kolk, A. (1999). Evaluating corporate environmental reporting. Business Strategy and the Environment, 8, 225–237]. Subscribing to the social construction of reality, this study critically assesses how the term ‘sustainable development’ is constructed in the disclosures of Finnish listed companies. Journal: Accounting Forum Pages: 395-413 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/j.accfor.2005.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:395-413 Template-Type: ReDIF-Article 1.0 Author-Name: Alexandra Fontes Author-X-Name-First: Alexandra Author-X-Name-Last: Fontes Author-Name: Lúcia Lima Rodrigues Author-X-Name-First: Lúcia Lima Author-X-Name-Last: Rodrigues Author-Name: Russell Craig Author-X-Name-First: Russell Author-X-Name-Last: Craig Title: Measuring convergence of National Accounting Standards with International Financial Reporting Standards Abstract: This paper analyses three methods for measuring the success achieved in effecting convergence between any two sets of accounting standards. We begin by reviewing a measurement method based on the concept of Euclidean distances. We then propose two better measures (involving Jaccard’s coefficients and Spearman’s coefficients) to assess the progress of National Accounting Standards setting bodies in converging their standards with International Financial Reporting Standards [IFRS]. For illustrative purposes, we measure the convergence of National Accounting Standards in Portugal with International Accounting Standards [IAS] and IFRS over the period 1977–2003. Journal: Accounting Forum Pages: 415-436 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/j.accfor.2005.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:415-436 Template-Type: ReDIF-Article 1.0 Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Title: The NHS Plan: Accounting for investment and reform in twenty acute hospital trusts in England (1998–2003) Abstract: The National Health Service (NHS) Plan published in 2000 summarised Labour’s commitment to modernising the NHS in England. The NHS would receive substantial additional funding bringing expenditure on health, as a share in national income, to levels comparable with a European average. The promise of secure financing from government promised to reduce uncertainty and facilitate medium term resource planning in the NHS. Extra funding, as outlined in the NHS Plan, would also be tied into capital and labour process reform(s) to ensure that investment translated into the much needed additional capacity to treat patients. During the period 1998–2003 funding for an average acute hospital has increased 50% in cash terms satisfying expectations set out in the NHS Plan. It is now an appropriate time to review progress. Using information collected for 20 acute hospitals, selected on the basis that they had started and completed PFI projects in the period 1998–2003. This paper constructs a physical and financial audit which is then used to reveal the degree to which acute hospital finances are now secure and the extent to which physical capacity to treat patients has been robustly transformed. Journal: Accounting Forum Pages: 437-453 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/j.accfor.2005.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:437-453 Template-Type: ReDIF-Article 1.0 Author-Name: Amanda Ball Author-X-Name-First: Amanda Author-X-Name-Last: Ball Author-Name: Will Seal Author-X-Name-First: Will Author-X-Name-Last: Seal Title: Social justice in a cold climate: Could social accounting make a difference? Abstract: Building on the argument that justice should be the transcendent principle in accounting, we argue that social accounting invokes notions of community, shared social values, and fairness in the distribution of social resources. These ideas are elaborated in relation to local government, which provides a window on how communities make decisions about distributing their social resources and the accounting processes which guide these decisions. Fieldwork in two large but contrasting English local authorities suggests that the potential of social accounting is not reflected in the predominant accounting systems in local government organisations, but in more subtle and successful forms of ‘enacted social accounting’. Its utility relates to the achievement of short-term social goals where social injustices persist and accountants, managers and politicians seek to accommodate financial pressures to protect the most vulnerable members of the community. We identify local government accountants as morally responsible for the further development of social accounting which envisions a future for local government, and establishes links between social justice, environmentalism and localism. Journal: Accounting Forum Pages: 455-473 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/j.accfor.2005.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:455-473 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/S0155-9982(05)00046-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(05)00046-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Author Index and Volume Contents Journal: Accounting Forum Pages: 1-6 Issue: 4 Volume: 29 Year: 2005 Month: 12 X-DOI: 10.1016/S0155-9982(05)00050-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(05)00050-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:4:p:1-6 Template-Type: ReDIF-Article 1.0 Author-Name: Lei Chen Author-X-Name-First: Lei Author-X-Name-Last: Chen Author-Name: Jo Danbolt Author-X-Name-First: Jo Author-X-Name-Last: Danbolt Author-Name: John Holland Author-X-Name-First: John Author-X-Name-Last: Holland Title: Information about bank intangibles, analyst information intermediation, and the role of knowledge and social forces in the ‘market for information’ Abstract: Although developments in the sell-side analyst literature have revealed the role of intellectual capital (IC) in analysts’ work, the whole information intermediation progress of IC remains a “black box”. This paper develops an analyst information intermediation model, illustrating how ‘soft’ information changes through analyst acquisition, processing and disclosure of information. Bourdieu’s ideas of habitus, field and capital are used to develop our explanation of the analyst information intermediation model. We argue that the combination of empirical evidence and theoretical explanation provides a new and more comprehensive way to improve understanding of the role of analysts within knowledge and social contexts. Journal: Accounting Forum Pages: 261-276 Issue: 3 Volume: 42 Year: 2018 Month: 9 X-DOI: 10.1016/j.accfor.2018.08.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.08.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:3:p:261-276 Template-Type: ReDIF-Article 1.0 Author-Name: Sofia Yasmin Author-X-Name-First: Sofia Author-X-Name-Last: Yasmin Author-Name: Chaudhry Ghafran Author-X-Name-First: Chaudhry Author-X-Name-Last: Ghafran Author-Name: Roszaini Haniffa Author-X-Name-First: Roszaini Author-X-Name-Last: Haniffa Title: Exploring de-facto accountability regimes in Muslim NGOs Abstract: This paper aims to deepen and advance our understanding of the de-facto accountability processes and practices within Muslim non-governmental organisations (NGOs). We employ a three-fold accountability framework of felt, imposed and adaptive accountability, supported by insight from the Islamic perspective to elucidate our empirical findings. We adopt this framework because it enables us to localise the notions of accountability, allowing a more complete understanding of the de-facto nature of Muslim NGO accountability to emerge within the context of religious ideals and between accountabilities that are externally imposed and those that are internally generated. Journal: Accounting Forum Pages: 235-247 Issue: 3 Volume: 42 Year: 2018 Month: 9 X-DOI: 10.1016/j.accfor.2018.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:3:p:235-247 Template-Type: ReDIF-Article 1.0 Author-Name: Thomas Cuckston Author-X-Name-First: Thomas Author-X-Name-Last: Cuckston Title: Creating financial value for tropical forests by disentangling people from nature Abstract: Efforts to address environmental problems have led to a rapid proliferation of mechanisms for creating financial value for nature. This paper argues that the creation of financial value for nature requires work to disentangle and frame the relation between people and nature so as to render this relation calculable, and that this work acts to alienate people from nature. To pursue and progress this argument, the paper analyses the work of the United Nations Framework Convention on Climate Change (UNFCCC) to establish a mechanism to create financial value for tropical forests based on their capacity to store carbon. The analysis finds that the UNFCCC’s work of disentanglement and framing, so as to render calculable the relation between people and forests, has created conditions that threaten to materially degrade the ecological value of tropical forest biodiversity and the cultural/spiritual value of forests to indigenous peoples. The findings support this paper’s argument that the alienation of people from nature is not simply a consequence of financial valuation, but rather is a necessary prerequisite for creating financial value for nature. Journal: Accounting Forum Pages: 219-234 Issue: 3 Volume: 42 Year: 2018 Month: 9 X-DOI: 10.1016/j.accfor.2018.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:3:p:219-234 Template-Type: ReDIF-Article 1.0 Author-Name: Vera Palea Author-X-Name-First: Vera Author-X-Name-Last: Palea Title: Financial reporting for sustainable development: Critical insights into IFRS implementation in the European Union Abstract: By adopting a political economy perspective to accounting, this paper provides an overall post-implementation assessment of International Financial Reporting Standards (IFRS) adoption relative to the European Union’s (EU’s) fundamental goal of sustainable development. The paper questions the consistency of the International Accounting Standards Board’s business view with the EU’s and provides some critical insights into the potential long-run effects of IFRS on the European economy and society. Therefore, it raises several doubts about unquestioned accounting standardization at a global level and makes some suggestions for future policymaking and research. Journal: Accounting Forum Pages: 248-260 Issue: 3 Volume: 42 Year: 2018 Month: 9 X-DOI: 10.1016/j.accfor.2018.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:3:p:248-260 Template-Type: ReDIF-Article 1.0 Author-Name: Audrey S. Paterson Author-X-Name-First: Audrey S. Author-X-Name-Last: Paterson Author-Name: Melanie J. Wilson Author-X-Name-First: Melanie J. Author-X-Name-Last: Wilson Title: The Routledge companion to accounting information systems, edited by Martin Quinn and Erik Strauss, published in 2018 by Routledge Taylor & Francis Group: London and New York. Journal: Accounting Forum Pages: 277-280 Issue: 3 Volume: 42 Year: 2018 Month: 9 X-DOI: 10.1016/j.accfor.2018.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:3:p:277-280 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: ii-ii Issue: 3 Volume: 42 Year: 2018 Month: 9 X-DOI: 10.1016/S0155-9982(18)30216-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(18)30216-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:3:p:ii-ii Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 42 Year: 2018 Month: 9 X-DOI: 10.1016/S0155-9982(18)30220-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(18)30220-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Pauline Gleadle Author-X-Name-First: Pauline Author-X-Name-Last: Gleadle Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Title: An exploratory study of an early stage R&D-intensive firm under financialization Abstract: The financialization literature considers the impact of financial markets on corporate strategy, governance, financial performance and the distribution of resources between various stakeholder groups. Capital market demands modify strategic priorities, governance and managerial narratives about performance because this helps justify value creation and value absorption in an era of shareholder value. The literature on financialization suggests that managers have a tendency to exaggerate performance to boost valuations especially when their interests align with those of the firm’s shareholders. In this exploratory study of an R&D-intensive firm “Medco” we consider the extent to which managerial narratives and corporate governance of this R&D-intensive firm reflect a process of financialization. Journal: Accounting Forum Pages: 54-65 Issue: 1 Volume: 34 Year: 2010 Month: 3 X-DOI: 10.1016/j.accfor.2009.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:1:p:54-65 Template-Type: ReDIF-Article 1.0 Author-Name: Lai Hong Chung Author-X-Name-First: Lai Hong Author-X-Name-Last: Chung Author-Name: Lee D. Parker Author-X-Name-First: Lee D. Author-X-Name-Last: Parker Title: Managing social and environmental action and accountability in the hospitality industry: A Singapore perspective Abstract: This exploratory study examines the phenomenon of corporate social and environmental accountability and management in two particular contexts that have received very limited attention from accounting researchers to date. Addressed in this paper are corporate social and environmental reporting and management with specific reference to the hospitality industry in Singapore, a highly developed tourism hub in the South East Asian region. A decade of recent research into Singapore corporate social and environmental disclosures is examined as the setting for a review of hospitality industry strategies and disclosures in this field internationally. These developments are then considered from a Singaporean as well as global perspective, proposing the triple bottom line framework as a strategic vehicle for pursuing the social and environmental agenda in the Singapore and international hotel industry. Journal: Accounting Forum Pages: 46-53 Issue: 1 Volume: 34 Year: 2010 Month: 3 X-DOI: 10.1016/j.accfor.2009.10.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.10.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:1:p:46-53 Template-Type: ReDIF-Article 1.0 Author-Name: Barbara Lynch Author-X-Name-First: Barbara Author-X-Name-Last: Lynch Title: An examination of environmental reporting by Australian state government departments Abstract: This study provides an examination of environmental disclosure practices within the annual reports produced by a sample of Australian state government departments. This entailed the examination of environmental disclosures using an environmental disclosure index developed for the purposes of the study. Journal: Accounting Forum Pages: 32-45 Issue: 1 Volume: 34 Year: 2010 Month: 3 X-DOI: 10.1016/j.accfor.2009.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:1:p:32-45 Template-Type: ReDIF-Article 1.0 Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Author-Name: Jill Frances Solomon Author-X-Name-First: Jill Frances Author-X-Name-Last: Solomon Title: Social and environmental report assurance: Some interview evidence Abstract: The steady growth of social and environmental reporting (SER) is being accompanied by an increase in social and environmental reporting assurance (SERA). The existing literature on SERA suggests that it is necessary to build credibility and trust among corporate stakeholders. Prior work has also found evidence of managerial and professional capture of SERA. In this paper, we present empirical evidence from interviews with corporate social responsibility representatives from 20 UK listed companies on whether they consider SERA to be necessary. We believe this to be the first research into SERA that uses an interview method. Our interviews revealed mixed feelings. Half of the respondents believed that external SERA would enhance credibility and trust which confirmed the prior literature. However, the other half believed that external SERA was not necessary, believing that internal assurance was sufficient. This was because they saw SERA as predominantly a managerial tool, useful for checking the efficiency of internal management control systems, rather than as a mechanism for enhancing corporate accountability to stakeholders and building credibility and trust. The potential for SERA to be a mechanism whereby greater dialogue is created between companies and their stakeholders on social and environmental issues is not being harnessed. This paper thus demonstrates a fundamental difference between the external prior normative literature and the managerial motivation in the SERA area. Journal: Accounting Forum Pages: 20-31 Issue: 1 Volume: 34 Year: 2010 Month: 3 X-DOI: 10.1016/j.accfor.2009.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:1:p:20-31 Template-Type: ReDIF-Article 1.0 Author-Name: Sanjaya Kuruppu Author-X-Name-First: Sanjaya Author-X-Name-Last: Kuruppu Author-Name: Markus J. Milne Author-X-Name-First: Markus J. Author-X-Name-Last: Milne Title: Dolphin deaths, organizational legitimacy and potential employees’ reactions to assured environmental disclosures Abstract: The present study draws from and extends experimental design frameworks used by Chan and Milne (1999) and Milne and Patten (2002). It extends this work using external negative news media contrasted with (positive) corporate environmental report disclosures, by focusing on respondents’ potential employment decisions and their perceptions of organizational reputation/legitimacy, and by examining the impact of assurance in these relationships. In addition, the study probes the veracity of business claims that disclosures and their assurance can build a business case for stakeholder communication. These are set and examined within a context of commercial fishing practices and the consequent deaths of rare dolphins. Journal: Accounting Forum Pages: 1-19 Issue: 1 Volume: 34 Year: 2010 Month: 3 X-DOI: 10.1016/j.accfor.2009.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:1:p:1-19 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC - Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 34 Year: 2010 Month: 3 X-DOI: 10.1016/S0155-9982(10)00004-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(10)00004-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:34:y:2010:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Mazni Abdullah Author-X-Name-First: Mazni Author-X-Name-Last: Abdullah Author-Name: Lisa Evans Author-X-Name-First: Lisa Author-X-Name-Last: Evans Author-Name: Ian Fraser Author-X-Name-First: Ian Author-X-Name-Last: Fraser Author-Name: Ioannis Tsalavoutas Author-X-Name-First: Ioannis Author-X-Name-Last: Tsalavoutas Title: IFRS Mandatory disclosures in Malaysia: the influence of family control and the value (ir)relevance of compliance levels Abstract: We examine the effect of family control on IFRS mandatory disclosure levels, and the valuation implications of these disclosure levels, for Malaysian companies. We find that family control is related negatively to disclosure and that compliance levels are not value relevant. These findings suggest that agency theory predictions and theories linking common law legal systems to high quality financial reporting require refining in certain national contexts. Where Type 2 agency problems dominate, institutional arrangements intended to enhance financial reporting quality aimed at mitigating Type 1 problems in developed markets may have limited effect in less developed jurisdictions. Journal: Accounting Forum Pages: 328-348 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.05.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.05.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:328-348 Template-Type: ReDIF-Article 1.0 Author-Name: Kemi C. Yekini Author-X-Name-First: Kemi C. Author-X-Name-Last: Yekini Author-Name: Ismail Adelopo Author-X-Name-First: Ismail Author-X-Name-Last: Adelopo Author-Name: Panagiotis Andrikopoulos Author-X-Name-First: Panagiotis Author-X-Name-Last: Andrikopoulos Author-Name: Sina Yekini Author-X-Name-First: Sina Author-X-Name-Last: Yekini Title: Impact of board independence on the quality of community disclosures in annual reports Abstract: This study investigates the link between board independence and the quality of community disclosures in annual reports. Using content analysis and a panel dataset from UK FTSE 350 companies the results indicate a statistically significant relationship between board independence, as measured by the proportion of nonexecutive directors, and the quality of community disclosures, while holding constant other corporate governance and firm specific variables. The study indicates that companies with more non-executive directors are likely to disclose higher quality information on their community activities than others. This finding offers important insights to policy makers who are interested in achieving optimal board composition and furthers our understanding of the firm's interaction with its corporate and extended environment through high-quality disclosures. The originality of this paper lies in the fact that it is the first to specifically examine the relationship between outside directors and community disclosures in annual reports. The paper contributes both to the corporate governance and community disclosure literature. Journal: Accounting Forum Pages: 249-267 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.05.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.05.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:249-267 Template-Type: ReDIF-Article 1.0 Author-Name: Armando Calabrese Author-X-Name-First: Armando Author-X-Name-Last: Calabrese Author-Name: Roberta Costa Author-X-Name-First: Roberta Author-X-Name-Last: Costa Author-Name: Francesco Rosati Author-X-Name-First: Francesco Author-X-Name-Last: Rosati Title: A feedback-based model for CSR assessment and materiality analysis Abstract: Current CSR literature offers little insight into how to engage customers and other stakeholders about their CSR expectations and perceptions. The aim of this paper is to propose a model for CSR evaluation and planning based on the classification of customer CSR feedback through the comparison of three aspects of CSR commitment (disclosed, perceived and expected). Although the paper is focused on customers, the model can be applied indifferently to any stakeholder group, thus providing a valuable instrument for materiality analysis and stakeholder engagement. In effect, the model allows identifying material CSR issues regarding all stakeholder perceptions and expectations. Journal: Accounting Forum Pages: 312-327 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:312-327 Template-Type: ReDIF-Article 1.0 Author-Name: Mirna Jabbour Author-X-Name-First: Mirna Author-X-Name-Last: Jabbour Author-Name: Magdy Abdel-Kader Author-X-Name-First: Magdy Author-X-Name-Last: Abdel-Kader Title: Changes in capital allocation practices – ERM and organisational change Abstract: This paper aims to study changes in capital allocation routines following the introduction of a new risk management system, enterprise risk management (ERM). Based on an institutional framework and empirical evidence from multiple sources in a large UK insurance company, we evaluated the extent and nature of organisational change. ERM was seen as an external driver to the change in the existing routines, which in turn led to internal changes in new capital allocation routines. The change was extreme, which signifies that existing capital allocation routines were not strong enough to deal with ERM as a key driver of change. Journal: Accounting Forum Pages: 295-311 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:295-311 Template-Type: ReDIF-Article 1.0 Author-Name: Tomasz Piotr Wisniewski Author-X-Name-First: Tomasz Piotr Author-X-Name-Last: Wisniewski Author-Name: Liafisu Sina Yekini Author-X-Name-First: Liafisu Sina Author-X-Name-Last: Yekini Title: Stock market returns and the content of annual report narratives Abstract: This paper uses the tools of computational linguistics to analyze the qualitative part of annual reports of UK listed companies. More specifically, the frequency of words associated with different language indicators is used to forecast future stock returns. We find that two of these indicators, capturing ‘activity’ and ‘realism’, predict subsequent price increases, even after controlling for a wide range of factors. Elevated values of these two linguistic variables, however, are not symptomatic of exacerbated risk. Consequently, investors are advised to peruse annual report narratives, as they contain valuable information that may not yet have been discounted in the prices. Journal: Accounting Forum Pages: 281-294 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:281-294 Template-Type: ReDIF-Article 1.0 Author-Name: Ralf Barkemeyer Author-X-Name-First: Ralf Author-X-Name-Last: Barkemeyer Author-Name: Lutz Preuss Author-X-Name-First: Lutz Author-X-Name-Last: Preuss Author-Name: Lindsay Lee Author-X-Name-First: Lindsay Author-X-Name-Last: Lee Title: Corporate reporting on corruption: An international comparison Abstract: Building on an institutionalist framework of the various organizational field-level pressures on firms to engage with the challenge of corruption, we analyse anti-corruption disclosures across a sample of 933 sustainability reports. Such reporting complements anti-corruption initiatives, as it allows the company to demonstrate its commitment. Our results show clear country- and sector-level differences in the extent to which companies communicate their anti-corruption engagement. However, the more a company is exposed to corruption, the less likely it appears to openly communicate its anti-corruption engagement. Hence, our results cast doubt on the effectiveness of anti-corruption disclosures as part of wider sustainability reporting. Journal: Accounting Forum Pages: 349-365 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:349-365 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Author-Name: Kym Thorne Author-X-Name-First: Kym Author-X-Name-Last: Thorne Title: Corruption, criminality and the privatised state: The implications for accounting Abstract: This article introduces concepts of corruption and how they translate into state crimes against democracy and economic state crimes against democracy. This article argues for an approach to corruption that goes beyond individual psychology to consider the systemic purposeful actions of dominant elites to protect and advance their interests. This article also contends that contemporary accounting is enveloped within a corroding political, economic and financial system that advances the interests of neoliberal elites. Journal: Accounting Forum Pages: 366-370 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:366-370 Template-Type: ReDIF-Article 1.0 Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Nick Tsitsianis Author-X-Name-First: Nick Author-X-Name-Last: Tsitsianis Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Pauline Gleadle Author-X-Name-First: Pauline Author-X-Name-Last: Gleadle Title: Real Estate Investment Trusts (REITS): A new business model in the FTSE100 Abstract: This paper is about the Real Estate Investment Trust (REIT) business model. REITs benefit from tax concessions and Fair Value Accounting (FVA) practices. REITs distributing over 90 percent of profits can obtain tax concessions for their shareholders. This encourages profit distribution at the expense of accumulating retained earnings in shareholder equity. The financial viability of REITs depends upon FVA because this records holding gains when property values are increased. These holding gains can be employed to generate additional financial leverage. However, REITs are exposed to property market volatility and this can quickly undermine solvency, credit ratings and financial stability. Journal: Accounting Forum Pages: 239-248 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.10.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.10.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:239-248 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/S0155-9982(15)00049-6 File-URL: http://hdl.handle.net/10.1016/S0155-9982(15)00049-6 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Justin Chircop Author-X-Name-First: Justin Author-X-Name-Last: Chircop Author-Name: Paraskevi Vicky Kiosse Author-X-Name-First: Paraskevi Vicky Author-X-Name-Last: Kiosse Title: Why did preparers lobby to the IASB's pension accounting proposals? Abstract: We examine the characteristics of firms that lobbied on the 2010 Exposure Draft (ED) on pensions and find that signalling influences the decision to lobby. Further, we examine preparer's position to two important proposals in the ED. We find that preparers are less likely to agree with the abolition of the corridor when they report unrecognized actuarial losses and that firms are more likely to oppose the replacement of the expected rate of return with the discount rate when the spread between these two rates is large. These results suggest that while signalling drives firm decisions to lobby, self-interest influences how firms lobby. Journal: Accounting Forum Pages: 268-280 Issue: 4 Volume: 39 Year: 2015 Month: 12 X-DOI: 10.1016/j.accfor.2015.09.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.09.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:4:p:268-280 Template-Type: ReDIF-Article 1.0 Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: New dogs, old tricks. Why do Ponzi schemes succeed? Abstract: The Madoff saga is a vivid reminder of people’s vulnerability to Ponzi schemes, and to how little the financial scams change over time. How are we to account for such schemes? Why do people fall for the same old tricks? Journal: Accounting Forum Pages: 294-309 Issue: 4 Volume: 36 Year: 2012 Month: 12 X-DOI: 10.1016/j.accfor.2011.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:4:p:294-309 Template-Type: ReDIF-Article 1.0 Author-Name: Yuri Biondi Author-X-Name-First: Yuri Author-X-Name-Last: Biondi Author-Name: Antoine Rebérioux Author-X-Name-First: Antoine Author-X-Name-Last: Rebérioux Title: The governance of intangibles: Rethinking financial reporting and the board of directors Abstract: This paper develops a theoretical analysis of performance measurement systems (including related accounting standards) and the composition of the Board in the context of business models driven by complementarities, innovation and intangibles. Performance management systems frame and shape the representation of business performance and risk, while the composition of the Board is designed to control and govern the business processes and disclosure of information over time. Complementarities, intangibles and innovation exacerbate the information asymmetry that characterizes the specific economy of the business firm, making it different from external markets. Therefore, firm-specific information becomes as important as market prices to gauge the past and future performance and risk of the ongoing business firm. Specific knowledge of the firm is therefore required to disclose relevant and reliable information and to monitor corporate executives. This argues for the role of improved historical cost accounting systems coupled with non-independent, proficient Board members. Journal: Accounting Forum Pages: 279-293 Issue: 4 Volume: 36 Year: 2012 Month: 12 X-DOI: 10.1016/j.accfor.2012.03.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.03.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:4:p:279-293 Template-Type: ReDIF-Article 1.0 Author-Name: Lynne Conrad Author-X-Name-First: Lynne Author-X-Name-Last: Conrad Author-Name: Pinar Guven Uslu Author-X-Name-First: Pinar Author-X-Name-Last: Guven Uslu Title: UK health sector performance management: Conflict, crisis and unintended consequences Abstract: This paper investigates the consequences of particular approaches to the design of performance management systems, for organisations in the UK health sector. A case study approach is adopted to investigate the impact of a new performance management system imposed from a distance by regulatory bodies on English hospital Trusts. The theoretical framework integrates structuration and institutional theories in order to understand how practices are institutionalised or changed at three levels, emphasising the crucial role of agency in structuring organisational and institutional practices. It reveals the potential for conflict, crisis and unintended consequences in organisations where instrumental approaches are adopted. Journal: Accounting Forum Pages: 231-250 Issue: 4 Volume: 36 Year: 2012 Month: 12 X-DOI: 10.1016/j.accfor.2012.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:4:p:231-250 Template-Type: ReDIF-Article 1.0 Author-Name: Robin Roslender Author-X-Name-First: Robin Author-X-Name-Last: Roslender Author-Name: Joanna E. Stevenson Author-X-Name-First: Joanna E. Author-X-Name-Last: Stevenson Author-Name: Howard Kahn Author-X-Name-First: Howard Author-X-Name-Last: Kahn Title: Towards recognising workforce health as a constituent of intellectual capital: Insights from a survey of UK accounting and finance directors Abstract: To date workforce health and wellbeing have not been recognised as one of the key constituents of the human capital component of intellectual capital. In an era when workforces are widely acknowledged as being highly valuable assets, and therefore in large part worth retaining within the organisation by virtue of their contribution to the value creation and delivery process, a healthy workforce would seem to be a doubly important asset to cultivate. This paper presents and discusses the findings of an exploratory questionnaire survey of senior accounting and finance practitioners regarding some of the issues associated with recognising workforce health and wellbeing as an additional constituent of intellectual capital. The study was carried out in the UK, the site of a continuing, costly sickness absence problem. Journal: Accounting Forum Pages: 266-278 Issue: 4 Volume: 36 Year: 2012 Month: 12 X-DOI: 10.1016/j.accfor.2012.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:4:p:266-278 Template-Type: ReDIF-Article 1.0 Author-Name: Tony Mortensen Author-X-Name-First: Tony Author-X-Name-Last: Mortensen Author-Name: Richard Fisher Author-X-Name-First: Richard Author-X-Name-Last: Fisher Author-Name: Graeme Wines Author-X-Name-First: Graeme Author-X-Name-Last: Wines Title: Students as surrogates for practicing accountants: Further evidence Abstract: This study extends our understanding of the circumstances in which the use of student surrogates is appropriate in accounting research. Prior research suggests caution using students for unstructured and complex experimental tasks, however their suitability for structured tasks is not so clear. Employing an experimental design, this study examined the effect of knowledge differences on a structured task requiring accounting classification judgements across three research participant groups: professional accountants, advanced level accounting students and engineering students with no accounting knowledge. The findings support the use of advanced level accounting students as surrogates for accounting practitioners in relatively structured decision contexts. Journal: Accounting Forum Pages: 251-265 Issue: 4 Volume: 36 Year: 2012 Month: 12 X-DOI: 10.1016/j.accfor.2012.06.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.06.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:4:p:251-265 Template-Type: ReDIF-Article 1.0 Author-Name: C Herzig Author-X-Name-First: C Author-X-Name-Last: Herzig Author-Name: T Viere Author-X-Name-First: T Author-X-Name-Last: Viere Author-Name: S Schaltegger Author-X-Name-First: S Author-X-Name-Last: Schaltegger Author-Name: R.L Burritt Author-X-Name-First: R.L Author-X-Name-Last: Burritt Author-Name: Ki-Hoon Lee Author-X-Name-First: Ki-Hoon Author-X-Name-Last: Lee Title: Environmental Management Accounting: Case studies of South-East Asian Companies Journal: Accounting Forum Pages: 310-312 Issue: 4 Volume: 36 Year: 2012 Month: 12 X-DOI: 10.1016/j.accfor.2012.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:4:p:310-312 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 36 Year: 2012 Month: 12 X-DOI: 10.1016/S0155-9982(12)00055-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(12)00055-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Evangeline Elijido-Ten Author-X-Name-First: Evangeline Author-X-Name-Last: Elijido-Ten Title: Media coverage and voluntary environmental disclosures: A developing country exploratory experiment Abstract: This research extends the developing-country environmental disclosure literature by exploring managerial perceptions of different environmental events and the impact of media coverage on management's decision to provide annual report environmental disclosure (ARED) voluntarily. Using the broad lens of stakeholder theory in conjunction with media agenda setting theory, a Malaysian experiment is initiated to gain insights into the type of ARED strategy preferred by management. The study also examines whether these preferences are affected by such factors as: (1) the stakeholder's perceived significance of the environmental event; (2) the stakeholder's threat/cooperation potential; and (3) the impact of media publicity on the featured event. The results suggest that the influence of media coverage on management's preferred ARED strategy is most pronounced when the event is of a negative nature and is generally ‘unobtrusive’, such that the stakeholders concerned have less direct experience on the issue. Journal: Accounting Forum Pages: 139-157 Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/j.accfor.2011.06.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:139-157 Template-Type: ReDIF-Article 1.0 Author-Name: Belinda Williams Author-X-Name-First: Belinda Author-X-Name-Last: Williams Author-Name: Trevor Wilmshurst Author-X-Name-First: Trevor Author-X-Name-Last: Wilmshurst Author-Name: Robert Clift Author-X-Name-First: Robert Author-X-Name-Last: Clift Title: Sustainability reporting by local government in Australia: Current and future prospects Abstract: Sustainability reporting research has historically focused on the corporate sector, with public sector research still very much in its infancy. This exploratory study extends such research in considering the current and future state of local government sustainability reporting in Australia. We utilized a mail survey instrument to collect data. We found that local government in Australia reports on aspects of sustainability, with 50% of respondents indicating that they report on at least one area of sustainability with social reporting being most prevalent. Reporting existed across an array of reports, with no standout reporting focus found. The future of sustainability reporting in local government looks promising, with almost 40% of current non-reporters indicating that they are likely to report in the future. Journal: Accounting Forum Pages: 176-186 Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/j.accfor.2011.06.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:176-186 Template-Type: ReDIF-Article 1.0 Author-Name: Jyoti Devi Mahadeo Author-X-Name-First: Jyoti Devi Author-X-Name-Last: Mahadeo Author-Name: Vanisha Oogarah-Hanuman Author-X-Name-First: Vanisha Author-X-Name-Last: Oogarah-Hanuman Author-Name: Teerooven Soobaroyen Author-X-Name-First: Teerooven Author-X-Name-Last: Soobaroyen Title: Changes in social and environmental reporting practices in an emerging economy (2004–2007): Exploring the relevance of stakeholder and legitimacy theories Abstract: We examine social and environmental reporting (SER) practices of listed companies in the island economy of Mauritius. Based on a content analysis of annual reports, quantitative and qualitative changes in SER were analyzed in light of recent developments in corporate governance and with regard to the prevailing social and political contexts of this emerging economy. We find a significant but selective increase in the volume and quality of SER over the period under review (2004–2007). We rely on Suchman’s (1995) conceptualizations of legitimacy to argue that the changes in SER are related to a need for companies to demonstrate an affiliation to pro-social objectives (moral legitimacy) and, to a lesser extent, are motivated by the need to manage specific stakeholders (pragmatic legitimacy). More specifically, the increase in ethical disclosures reflects an attempt at gaining procedural legitimacy in response to criticisms of corruption and unfair/unethical business practices. Furthermore, the increase in social disclosures can primarily be seen as a mechanism to gain consequential legitimacy in response to concerns that local companies are not sufficiently contributing to the country’s social development. We suggest that future empirical research should devote more attention to the specific characteristics of emerging economies (such as levels of corruption and unethical business practices and the level of corporate governance) and examine whether these can explain patterns of corporate SER in a given national context or on a cross-country basis. Journal: Accounting Forum Pages: 158-175 Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/j.accfor.2011.06.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:158-175 Template-Type: ReDIF-Article 1.0 Author-Name: Jane Andrew Author-X-Name-First: Jane Author-X-Name-Last: Andrew Author-Name: Corinne Cortese Author-X-Name-First: Corinne Author-X-Name-Last: Cortese Title: Accounting for climate change and the self-regulation of carbon disclosures Abstract: Adopting a form of “critical dialogic engagement” (Bebbington et al., 2007), this paper explores how dominant environmental discourses can influence and shape carbon disclosure regulation. Carbon-related disclosures have increased significantly in the last five years, and many of these disclosures remain voluntary. This paper considers both the construction of self-regulated carbon disclosure practices and the role that this kind of carbon information may have in climate change-related decision making. Our preliminary findings indicate that the methodological diversity underpinning carbon disclosures may inhibit the usefulness of climate change-related data. To explore these issues, this paper focuses on the Carbon Disclosure Project (CDP) and the use of the Greenhouse Gas (GHG) Protocol as a reporting model within it. Journal: Accounting Forum Pages: 130-138 Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/j.accfor.2011.06.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:130-138 Template-Type: ReDIF-Article 1.0 Author-Name: Lies Bouten Author-X-Name-First: Lies Author-X-Name-Last: Bouten Author-Name: Patricia Everaert Author-X-Name-First: Patricia Author-X-Name-Last: Everaert Author-Name: Luc Van Liedekerke Author-X-Name-First: Luc Author-X-Name-Last: Van Liedekerke Author-Name: Lieven De Moor Author-X-Name-First: Lieven Author-X-Name-Last: De Moor Author-Name: Johan Christiaens Author-X-Name-First: Johan Author-X-Name-Last: Christiaens Title: Corporate social responsibility reporting: A comprehensive picture? Abstract: This study develops a content analysis framework that provides information on the comprehensiveness of corporate social responsibility (CSR) reporting, an important aspect of social and environmental accountability. Comprehensive reporting, as defined here, requires three types of information for each disclosed CSR item: (i) vision and goals, (ii) management approach, and (iii) performance indicators. The feasibility of the framework to assess the comprehensiveness of CSR reporting is demonstrated using the 2005 annual reports of a sample of publicly traded Belgian companies. The content analysis reveals a low level of comprehensive reporting. This finding complements those of prior studies on the completeness of CSR reporting and, therefore, feeds the debate regarding the extent to which CSR reporting can be considered a mechanism for discharging social and environmental accountability. Journal: Accounting Forum Pages: 187-204 Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/j.accfor.2011.06.007 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:187-204 Template-Type: ReDIF-Article 1.0 Author-Name: Thomas Kern Author-X-Name-First: Thomas Author-X-Name-Last: Kern Author-Name: Nicholas McGuigan Author-X-Name-First: Nicholas Author-X-Name-Last: McGuigan Title: Book review Journal: Accounting Forum Pages: 205-207 Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/j.accfor.2011.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:205-207 Template-Type: ReDIF-Article 1.0 Author-Name: Chris van Staden Author-X-Name-First: Chris van Author-X-Name-Last: Staden Author-Name: Thomas Kern Author-X-Name-First: Thomas Author-X-Name-Last: Kern Author-Name: Nicholas McGuigan Author-X-Name-First: Nicholas Author-X-Name-Last: McGuigan Author-Name: Susan Wild Author-X-Name-First: Susan Author-X-Name-Last: Wild Title: Social and Environmental Accounting and Accountability Journal: Accounting Forum Pages: 127-129 Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/j.accfor.2011.07.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.07.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:127-129 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 35 Year: 2011 Month: 9 X-DOI: 10.1016/S0155-9982(11)00044-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(11)00044-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: C. Richard Baker Author-X-Name-First: C. Richard Author-X-Name-Last: Baker Title: Ideological reactions to Sarbanes–Oxley Abstract: The Sarbanes–Oxley Act of 2002 has been generally seen as a legitimate response to a significant crisis in the capital markets. Not often acknowledged, however, is the observation that the law's overarching emphasis on restoring credibility to the capital markets is revelatory of a deep ideological commitment to maintaining the capitalist system which is inherent in the American political structure. Intriguingly, several groups have emerged in recent years which stand in opposition to the Sarbanes–Oxley Act. On the face of it, the efforts of these groups appear to contradict the law's intent of restoring credibility to the capital markets. This paper describes certain of these groups and the ideological claims that have been advanced with respect to their arguments. While it will be seen that the Sarbanes–Oxley Act has some weaknesses which might be corrected, it has generally been a progressive piece of legislation that has contributed to increased levels of transparency in financial reporting and a greater independence of auditors. While these goals might be viewed as self-serving measures intended to protect the interests of capital, they may also be seen as beneficial to society in a larger sense. Credible financial reporting and independence of auditors helps to provide greater societal control over corporations. In the absence of explicit multinational structures to reign in corporate power, it is difficult to conceive of any other potential control mechanisms apart from effective systems of financial reporting and corporate governance. Journal: Accounting Forum Pages: 114-124 Issue: 2 Volume: 32 Year: 2008 Month: 6 X-DOI: 10.1016/j.accfor.2007.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:2:p:114-124 Template-Type: ReDIF-Article 1.0 Author-Name: Christine Flint Author-X-Name-First: Christine Author-X-Name-Last: Flint Author-Name: Ian A.M. Fraser Author-X-Name-First: Ian A.M. Author-X-Name-Last: Fraser Author-Name: David J. Hatherly Author-X-Name-First: David J. Author-X-Name-Last: Hatherly Title: Business risk auditing: A regressive evolution?—A research note Abstract: Business risk auditing (BRA) has been much publicised as revolutionary. The essence of the phenomenon, and the actual impact on practice, however, are unclear. This note revisits some pre-BRA interview evidence investigating auditor engagement with business risk. The evidence suggests that, pre-BRA, big-six auditors were already familiar with concepts of business risk although they were uncertain as to how precisely business risk informed the audit process. This suggests that BRA was evolutionary, rather than revolutionary, change and that the engagement of recent international standards with business risk is not significantly different from that of big-six auditors pre-BRA. The BRA era in audit methodology might be conceptualized as one of regressive evolution. Journal: Accounting Forum Pages: 143-147 Issue: 2 Volume: 32 Year: 2008 Month: 6 X-DOI: 10.1016/j.accfor.2007.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:2:p:143-147 Template-Type: ReDIF-Article 1.0 Author-Name: Marcos Antón Renart Author-X-Name-First: Marcos Antón Author-X-Name-Last: Renart Author-Name: M a del Rocio Moreno Enguix Author-X-Name-First: M a del Rocio Moreno Author-X-Name-Last: Enguix Author-Name: José Antonio Vidal Hernández-Mora Author-X-Name-First: José Antonio Vidal Author-X-Name-Last: Hernández-Mora Title: Errors and weaknesses detected by the European Court of Auditors in the reports on the European Structural Funds 2000–2004 Abstract: The present paper shows the weaknesses and the errors detected by the European Court of Auditors (ECA) in the reports regarding the Structural Funds (the European Social Fund (ESF); the European Agricultural Guidance and Guarantee Fund, ‘Guidance’ section (EAGGF-Guidance), the European Regional Development Fund (ERDF) and the Financial Instrument for Fisheries Guidance (FIFG)), presented by 15 countries of the European Union from the year 2000 to 2004. We have classified the said countries in four groups, regarding the date of their EU incorporation. The main aim of our work is to highlight the errors made by the Member States on the management and control of the structural funds received from the EU, analysing the likely causes and consequences of such errors. Journal: Accounting Forum Pages: 148-161 Issue: 2 Volume: 32 Year: 2008 Month: 6 X-DOI: 10.1016/j.accfor.2007.11.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.11.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:2:p:148-161 Template-Type: ReDIF-Article 1.0 Author-Name: Helen Irvine Author-X-Name-First: Helen Author-X-Name-Last: Irvine Title: The global institutionalization of financial reporting: The case of the United Arab Emirates Abstract: Almost 100 countries have agreed to adopt or work towards convergence with the International Accounting Standards Board's international financial reporting standards (IFRS). Applying an institutional theory framework at a nation state level, and using publicly available data about the emerging economy of the United Arab Emirates (UAE) as a case, this paper identifies some of the global coercive, normative and mimetic pressures which have contributed to this widespread adoption. The challenge for emerging economies such as that of the UAE is whether the reality of IFRS implementation can match the image of IFRS adoption. Journal: Accounting Forum Pages: 125-142 Issue: 2 Volume: 32 Year: 2008 Month: 6 X-DOI: 10.1016/j.accfor.2007.12.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.12.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:2:p:125-142 Template-Type: ReDIF-Article 1.0 Author-Name: Tony Brinn Author-X-Name-First: Tony Author-X-Name-Last: Brinn Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Title: The determinants of a successful accounting manuscript: Views of the informed Abstract: Publishing academic articles is a key measure by which the performance of modern academics is judged. However, there is a surprising lack of guidance to authors about which manuscript characteristics influence journal acceptance decisions. This article reports the results of a study into the perceptions of 129 editorial board members of 87 statements relating to the publishability of manuscripts in accounting journals. The respondents indicated certain factors which enhanced the chances of publication (e.g., statistical significance, originality, appropriate statistics and application of theory) and which detracted from publication (e.g., replication, secondary data, polemic pieces, overlapping work and accessibility). Reviewers from the perspective of US journals were more concerned with statistical significance, the use of appropriate statistics, and the generalisability of samples and case studies. There was a high degree of consistency in the results. We found no systematic differences between those adopting critical as opposed to mainstream research. Journal: Accounting Forum Pages: 89-113 Issue: 2 Volume: 32 Year: 2008 Month: 6 X-DOI: 10.1016/j.accfor.2007.12.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.12.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:2:p:89-113 Template-Type: ReDIF-Article 1.0 Author-Name: Wen Xu Author-X-Name-First: Wen Author-X-Name-Last: Xu Author-Name: Shahzad Uddin Author-X-Name-First: Shahzad Author-X-Name-Last: Uddin Title: Public sector reforms, privatisation and regimes of control in a Chinese enterprise Abstract: The Chinese economic reform has recently become a major focus of attention around the world. The underlying rationale for the Chinese government's privatisation and public sector reforms is the view that reformed state enterprises and privately managed firms will demonstrate superior management control and better performance, and hence encourage economic growth and employment. There are very few intensive case studies published in English journals studying whether firms privatised in China have reversed previous losses and introduced better management controls, leading to increased investment, productivity, and overall organizational effectiveness and efficiency. The researchers do not seek to deny the control problems of Chinese SOEs, but question the consequences of the new controls installed during the post-privatisation period. The paper also reveals a declining tendency in employment; altered distributions of wealth – especially to the state – and labour, and a lack of improvements in the accountability of privatised companies. Overall, the paper argues, the aims of reform policies in China, including better control, increased profitability and an improved working life for Chinese people, have not materialized. The paper calls for more research on the above issues in the Chinese context. Journal: Accounting Forum Pages: 162-177 Issue: 2 Volume: 32 Year: 2008 Month: 6 X-DOI: 10.1016/j.accfor.2007.12.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.12.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:2:p:162-177 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC - Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 2 Volume: 32 Year: 2008 Month: 6 X-DOI: 10.1016/S0155-9982(08)00021-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(08)00021-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:2:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Laurence Ferry Author-X-Name-First: Laurence Author-X-Name-Last: Ferry Author-Name: Zamzulaila Zakaria Author-X-Name-First: Zamzulaila Author-X-Name-Last: Zakaria Author-Name: Zarina Zakaria Author-X-Name-First: Zarina Author-X-Name-Last: Zakaria Author-Name: Richard Slack Author-X-Name-First: Richard Author-X-Name-Last: Slack Title: Watchdogs, helpers or protectors? – Internal auditing in Malaysian Local Government Abstract: This paper examines internal auditor roles to support public governance in a developing country context, through interviews with chief audit executives across 17 Malaysian Local Government Authorities. Drawing on critical theory, the research shows that internal auditors seek to legitimise their position through compliance (watchdog) and performance (helper and protector) audits. At the micro level of practices, in performing these dual roles, internal auditors are not colonised by governance rules and managerial influence, but instead are enabled by them to perform communicative action. Nevertheless, this was undermined by financial and managerial capacity issues that are a challenge in developing countries. Journal: Accounting Forum Pages: 375-389 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2017.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:375-389 Template-Type: ReDIF-Article 1.0 Author-Name: Sam Dallyn Author-X-Name-First: Sam Author-X-Name-Last: Dallyn Title: An examination of the political salience of corporate tax avoidance: A case study of the Tax Justice Network Abstract: Corporate tax avoidance (CTA) has become a high profile issue despite being a complex area of accounting practice. One reason for this has been the civil society campaign opposing tax avoidance. The paper provides a case study of one key civil society actor: the Tax Justice Network (TJN). Existing accounting analysis offers little to explain how some accounting issues acquire political attention and media coverage. To address this, the concept of political salience is introduced into accounting analysis – understood as the creation of focal points in campaigns – to consider how the TJN contributed to the political profile of CTA. Journal: Accounting Forum Pages: 336-352 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2016.12.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.12.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:336-352 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: Accounting and taxation: Conjoined twins or separate siblings? Abstract: This paper explores the relationship between accounting and taxation through the recent proposals for curbing corporate tax avoidance advanced by the Organisation for Economic Co-operation and Development (OECD) and the European Union (EU). The OECD is content to tweak pricing and fails to address the faultlines of accounting. The EU is promoting ‘unitary taxation’ and advocates a major reform of the way taxable profits are to be calculated. As IFRSs have reduced the usefulness of accounting numbers for taxation purposes, the EU has sought to recalibrate basic elements of accounting. This has considerable implications for the development of accounting. Journal: Accounting Forum Pages: 390-405 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2016.12.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.12.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:390-405 Template-Type: ReDIF-Article 1.0 Author-Name: Yuri Biondi Author-X-Name-First: Yuri Author-X-Name-Last: Biondi Author-Name: Imke Graeff Author-X-Name-First: Imke Author-X-Name-Last: Graeff Title: Rethinking bank shareholder equity: The case of Deutsche Bank Abstract: We introduce and apply an innovative accounting approach to analyse the equity position of a European systemically important financial institution, Deutsche Bank, between 2001 and 2015. According to our findings, the actual contribution by shareholders to bank equity capital was limited, while shareholder payout policies, including share buybacks and trading on its own shares, were both material. These findings raise concerns on the actual capacity by shareholder equity to assure protection against (residual) risk and loss absorption. Customer and investor protections appear to lay with bank entity equity dynamics. These findings have implications for bank financial sustainability and resilience, company capital maintenance, and regulatory capital requirements. Further developments based upon this innovative methodology may improve on existing prudential and accounting regulations. Journal: Accounting Forum Pages: 318-335 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2017.06.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.06.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:318-335 Template-Type: ReDIF-Article 1.0 Author-Name: Adriana S. Cordis Author-X-Name-First: Adriana S. Author-X-Name-Last: Cordis Author-Name: Elizabeth M. Lambert Author-X-Name-First: Elizabeth M. Author-X-Name-Last: Lambert Title: Whistleblower laws and corporate fraud: Evidence from the United States Abstract: We use data from the United States to assess whether whistleblower laws that protect private employees from retaliation have an impact on corporate fraud. Currently, eighteen states have whistleblower laws that offer such protection. Our analysis indicates that, in these states, a higher awareness of whistleblower laws is associated with a lower state-level conviction rate for corporate fraud. This finding is consistent with the hypothesis that whistleblower laws that cover private employees have a deterrent effect on corporate fraud, and that awareness of the provisions of whistleblower laws plays a key role in determining their effectiveness as a policy tool. Journal: Accounting Forum Pages: 289-299 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2017.10.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.10.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:289-299 Template-Type: ReDIF-Article 1.0 Author-Name: Umair Riaz Author-X-Name-First: Umair Author-X-Name-Last: Riaz Author-Name: Bruce Burton Author-X-Name-First: Bruce Author-X-Name-Last: Burton Author-Name: Lissa Monk Author-X-Name-First: Lissa Author-X-Name-Last: Monk Title: Perceptions on the accessibility of Islamic banking in the UK—Challenges, opportunities and divergence in opinion Abstract: This study examines the views of UK-based Muslims, Islamic Scholars and Islamic banking employees on the current state of the latter industry, both in practical terms and as regards engagement with the nation’s large, but often marginalised Islamic community. The British Government has recently championed the Islamic banking sector and committed to supporting it as a means of addressing financial services needs and consolidating London’s position as the global centre for Islamic investment. The analysis adds to the substantive literature in two principal ways: (i) by contextualising the evidence via the notions of empowerment, engagement and social justice that underpin both the state’s attempts to foster growth and the central tenets of Islam; and (ii) by placing comparison of the opinions of key groups at the heart of the investigation. The findings reveal that while progress has been made, UK-based Muslims see several substantive impediments to access, including the complex terminology of Islamic banking products, the lack of internet banking facilities and branch networks as well as a generalised lack of interest in marketing on the part of the institutions. Whilst some coincidence of perception is evident, the views of bankers are shown to be out of line with those of the other parties in a number of key areas. For example, bankers appear to see less potential in the role of the internet as a medium for spreading awareness than do either potential customers or religious scholars. The paper therefore concludes with a call for multi-party Ijtihad and Qiyas (deductive analogy) that will encourage industrial outreach and, in so doing, support long-term growth. Journal: Accounting Forum Pages: 353-374 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2017.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:353-374 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: Using freedom of information laws to frustrate accountability: Two case studies of UK banking frauds Abstract: Freedom of information laws can arguably enhance public accountability of policymakers and check unethical and corrupt behaviour by the state and corporate elites. This paper provides case studies relating to the affairs of two fraud-infested banks in the UK. The information was secured through a direct engagement with ministers, courts, judges and the state apparatus via freedom of information laws. The cases draw attention to the politics of public accountability and show the difficulties encountered by anyone seeking information about banking frauds. The cases show that the state apparatus goes to considerable lengths to shield elites from public scrutiny. Journal: Accounting Forum Pages: 300-317 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2017.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:300-317 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Author-Name: Elizabeth Morton Author-X-Name-First: Elizabeth Author-X-Name-Last: Morton Title: Accountability, corruption and social and environment accounting: Micro-political processes of change Abstract: Corruption is a universal concern that can impact the quality of life of citizens. Of relevance to the issue of corruption, is the free-market assumption that market power solves issues of inequality and the power of corporations. Within the context of social and environmental accounting, where corporations are focused upon as agents of change, this paper explores the ability of a civil society framework to resist corruption. Simply put, rather than being limited by perspectives from managerial quarters – an organisation-centric approach – this essay provides an evaluative framework that breaks free from the morass and instead embraces civil society. Journal: Accounting Forum Pages: 281-288 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/j.accfor.2017.10.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.10.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:281-288 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 4 Volume: 41 Year: 2017 Month: 12 X-DOI: 10.1016/S0155-9982(17)30249-1 File-URL: http://hdl.handle.net/10.1016/S0155-9982(17)30249-1 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:4:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Fabrizio Cerbioni Author-X-Name-First: Fabrizio Author-X-Name-Last: Cerbioni Author-Name: Michele Fabrizi Author-X-Name-First: Michele Author-X-Name-Last: Fabrizi Author-Name: Antonio Parbonetti Author-X-Name-First: Antonio Author-X-Name-Last: Parbonetti Title: Securitizations and the financial crisis: Is accounting the missing link? Abstract: In this paper we focus on the interplay between securitization accounting and regulatory capital rules to discuss how the misalignment between these two sets of regulations offered banks the opportunity to engage in opportunistic behaviors and incented them to take on too much risk. Journal: Accounting Forum Pages: 155-175 Issue: 3 Volume: 39 Year: 2015 Month: 9 X-DOI: 10.1016/j.accfor.2014.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:3:p:155-175 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call For Papers Journal: Accounting Forum Pages: 236-237 Issue: 3 Volume: 39 Year: 2015 Month: 9 X-DOI: 10.1016/j.accfor.2014.10.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.10.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:3:p:236-237 Template-Type: ReDIF-Article 1.0 Author-Name: Alexander Schuchter Author-X-Name-First: Alexander Author-X-Name-Last: Schuchter Author-Name: Michael Levi Author-X-Name-First: Michael Author-X-Name-Last: Levi Title: Beyond the fraud triangle: Swiss and Austrian elite fraudsters Abstract: We suggest that when using the fraud triangle, academics and professionals should take account of the insights gleaned from our study, in which Switzerland and Austria's “elite” white-collar offenders with high professional standing and respectability were interviewed. Our perpetrators consider that only opportunity is a universal precondition of acts defined by others as fraud, though perceived pressure is salient to most frauds. By contrast, financial incentives are not required to be motivational elements. The frequently cited “rationalisation” is too simplistic: rather, a fraud-inhibiting inner voice before the crime and a guilty conscience after it were present among those interviewed. Journal: Accounting Forum Pages: 176-187 Issue: 3 Volume: 39 Year: 2015 Month: 9 X-DOI: 10.1016/j.accfor.2014.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:3:p:176-187 Template-Type: ReDIF-Article 1.0 Author-Name: Istemi Demirag Author-X-Name-First: Istemi Author-X-Name-Last: Demirag Author-Name: Iqbal Khadaroo Author-X-Name-First: Iqbal Author-X-Name-Last: Khadaroo Author-Name: Pamela Stapleton Author-X-Name-First: Pamela Author-X-Name-Last: Stapleton Title: A changing market for PFI financing: Evidence from the financiers Abstract: Responses to a questionnaire survey received from PFI financiers, and interviews with senior managers, show that as the credit crunch took hold banks became more risk averse. The prediction of Toms et al. that collusion between the state and the private sector might cease in the face of austerity does not appear to have occurred. Rather the state has intervened to benefit the private sector. We argue that two successive UK Governments intervened in the market to protect the role of private finance in PFIs but whether such interventions represent value for taxpayers’ money is a question for future research. Journal: Accounting Forum Pages: 187-200 Issue: 3 Volume: 39 Year: 2015 Month: 9 X-DOI: 10.1016/j.accfor.2015.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:3:p:187-200 Template-Type: ReDIF-Article 1.0 Author-Name: Mark E. Lokanan Author-X-Name-First: Mark E. Author-X-Name-Last: Lokanan Title: Challenges to the fraud triangle: Questions on its usefulness Abstract: Fraud is increasing with frequency and severity. In this paper, I explore the assertion of the fraud triangle as a useful practitioner framework employed to combat fraud. This paper is anchored through Fairclough's critical discourse theory, and is supported with evidence from three accounting fraud cases. The findings indicate that the Association of Certified Fraud Examiner's (ACFE) perpetuates a discourse that presents a restricted version of fraud. Fraud is a multifaceted phenomenon, whose contextual factors may not fit into a particular framework. Consequently, the fraud triangle should not be seen as a sufficiently reliable model for antifraud professionals. Journal: Accounting Forum Pages: 201-224 Issue: 3 Volume: 39 Year: 2015 Month: 9 X-DOI: 10.1016/j.accfor.2015.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:3:p:201-224 Template-Type: ReDIF-Article 1.0 Author-Name: Amal Hayati Ahmad Khair Author-X-Name-First: Amal Hayati Author-X-Name-Last: Ahmad Khair Author-Name: Roszaini Haniffa Author-X-Name-First: Roszaini Author-X-Name-Last: Haniffa Author-Name: Mohammad Hudaib Author-X-Name-First: Mohammad Author-X-Name-Last: Hudaib Author-Name: Mohamad Nazri Abd. Karim Author-X-Name-First: Mohamad Nazri Author-X-Name-Last: Abd. Karim Title: Personalisation of power, neoliberalism and the production of corruption Abstract: This paper utilises a political lens in considering the cause for the production of corruption and the role of political leadership. Specifically, the notion of personalisation of power as advocated by Slater (2003) is adopted to portray how the adoption of neoliberalism ideology by an aspiring autocratic leader results in the weakening of the infrastructural power through three strategies: packing, rigging and circumventing. We use Perwaja Steel as a case study to demonstrate the modus operandi of corruption in a state-owned enterprise in Malaysia. Journal: Accounting Forum Pages: 225-235 Issue: 3 Volume: 39 Year: 2015 Month: 9 X-DOI: 10.1016/j.accfor.2015.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:3:p:225-235 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 39 Year: 2015 Month: 9 X-DOI: 10.1016/S0155-9982(15)00035-6 File-URL: http://hdl.handle.net/10.1016/S0155-9982(15)00035-6 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Sue Hrasky Author-X-Name-First: Sue Author-X-Name-Last: Hrasky Title: Visual disclosure strategies adopted by more and less sustainability-driven companies Abstract: Graph use in annual reports is well documented, and research into photographs is gaining momentum, but less is known about their use in sustainability reports. This research analyses graph and photograph use in sustainability reports of more and less sustainability-driven companies. It aims to determine whether use of imagery differs between these groups in a way reflective of different legitimation tactics. Results suggest that less sustainable companies pursue legitimacy symbolically while sustainability-driven firms convey more about actual impacts and accomplishments. Some sustainability reporters appear, therefore, to be using imagery as a rhetorical “green-washing” tool in their communication with stakeholders. Journal: Accounting Forum Pages: 154-165 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:154-165 Template-Type: ReDIF-Article 1.0 Author-Name: Helen Oakes Author-X-Name-First: Helen Author-X-Name-Last: Oakes Author-Name: Steve Oakes Author-X-Name-First: Steve Author-X-Name-Last: Oakes Title: Accounting and marketing communications in arts engagement: A discourse analysis Abstract: Roles of accounting and marketing communications in official documents concerned with widening arts engagement in England are examined. Four discourses are identified in a framework as interpretive lenses: metaphysical, modern, postmodern and post-metaphysical. Accounting and marketing communications were associated with all four discourses to some degree. However, accounting was primarily conceptualised by the authors of the documents as a modern discourse, whilst they primarily portrayed marketing communications as a purveyor of postmodern and post-metaphysical discourses. Accounting and marketing communications demonstrated ambiguity and overlapping roles in attempts to legitimise frequently contradictory positions, thus reflecting a Habermasian tension between facts and norms. Journal: Accounting Forum Pages: 209-222 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.02.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.02.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:209-222 Template-Type: ReDIF-Article 1.0 Author-Name: Colin Higgins Author-X-Name-First: Colin Author-X-Name-Last: Higgins Author-Name: Robyn Walker Author-X-Name-First: Robyn Author-X-Name-Last: Walker Title: Ethos, logos, pathos: Strategies of persuasion in social/environmental reports Abstract: We demonstrate how persuasive strategies activate the ‘middle ground’ discourses of responsible and sustainable business constructed in three social/environmental reports. Drawing on insights from impression management and communication studies, and Kenneth Burke's understanding that rhetoric is all pervasive, we focus on Aristotle's rhetorical ‘proofs’: ethos (credibility), logos (reason), and pathos (emotion). We study the social/environmental reports produced by three New Zealand companies during a wider discursive struggle over the ‘proper’ role of business in society. We argue that persuasive strategies facilitate the social effects of ‘middle ground’ discourse by making business-centred understandings of social responsibility and sustainability appear reasonable and business organisations appear trustworthy in their pursuit of sustainable development. This study complements discourse analyses of social/environmental reporting by providing a finer-grained picture of how language use influences how social actors think, feel and act. Journal: Accounting Forum Pages: 194-208 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.02.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.02.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:194-208 Template-Type: ReDIF-Article 1.0 Author-Name: Russell J. Craig Author-X-Name-First: Russell J. Author-X-Name-Last: Craig Author-Name: Niamh M. Brennan Author-X-Name-First: Niamh M. Author-X-Name-Last: Brennan Title: An exploration of the relationship between language choice in CEO letters to shareholders and corporate reputation Abstract: This paper proposes a taxonomy to assist in more clearly locating research on aspects of the association between corporate reputation and corporate accountability reporting. We illustrate how our proposed taxonomy can be applied by using it to frame our exploration of the relationship between measures of reputation and characteristics of the language choices made in CEO letters to shareholders. Using DICTION 5.0 software we analyse the content of the CEO letters of 23 high reputation US firms and 23 low reputation US firms. Our results suggest that company size and visibility each have a positive influence on the extent to which corporate reputation is associated with the language choices made in CEO letters. These results, which are anomalous when compared with those of Geppert and Lawrence (2008), highlight the need for caution when assessing claims about the effects on corporate reputation arising from the language choice in narratives in corporate annual reports. Journal: Accounting Forum Pages: 166-177 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.02.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.02.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:166-177 Template-Type: ReDIF-Article 1.0 Author-Name: Doris M. Merkl-Davies Author-X-Name-First: Doris M. Author-X-Name-Last: Merkl-Davies Author-Name: Veronika Koller Author-X-Name-First: Veronika Author-X-Name-Last: Koller Title: ‘Metaphoring’ people out of this world: A Critical Discourse Analysis of a chairman’s statement of a UK defence firm Abstract: We introduce Critical Discourse Analysis (CDA), an interdisciplinary approach to analysing written and spoken texts, which provides accounting researchers with a range of resources to analyse corporate narrative documents more systematically and in more detail from a linguistic perspective. CDA addresses how the content and the linguistic features of texts influence, and are in turn influenced, by the contexts of text production, distribution, reception and adaptation, and by the wider socio-economic context in which texts are embedded. We apply Fairclough’s (2003, 2006) Dialectic-Relational approach to the analysis of a chairman’s statement of a UK defence firm. The focus of analysis is on the grammatical devices used to represent organisational activities and outcomes in ways which obfuscate social agency (impersonalisation) and to evaluate social actors, entities, and social events (evaluation). We find that impersonalisation and evaluation are used strategically to guide organisational audiences’ interpretations of financial performance and to legitimise and normalise violence and destruction by depicting it in an abstract and sanitised manner. Journal: Accounting Forum Pages: 178-193 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.02.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.02.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:178-193 Template-Type: ReDIF-Article 1.0 Author-Name: Helen Tregidga Author-X-Name-First: Helen Author-X-Name-Last: Tregidga Author-Name: Markus Milne Author-X-Name-First: Markus Author-X-Name-Last: Milne Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Analyzing the quality, meaning and accountability of organizational reporting and communication Abstract: This paper provides a critical introduction to the issue about Analyzing the quality, meaning and accountability of organizational reporting and communication. The present paper begins by addressing why such analyses are important and then introduces each of the papers that appear in the issue. The contribution involves identifying and reviewing how each paper contributes to the literature on issues of quality, meaning and accountability associated with organizational reporting and communication. Journal: Accounting Forum Pages: 150-153 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:150-153 Template-Type: ReDIF-Article 1.0 Author-Name: Helen Tregidga Author-X-Name-First: Helen Author-X-Name-Last: Tregidga Author-Name: Markus Milne Author-X-Name-First: Markus Author-X-Name-Last: Milne Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Analyzing the quality, meaning and accountability of organizational reporting and communication: Directions for future research Abstract: The aim of this paper is to promote further research that analyzes the quality, meaning and accountability of organizational reporting and corporate communication. These issues are critical if accounting is to satisfy its role by providing information to the public. In this paper, we conclude this special issue by reiterating the potential for research that takes interpretive and qualitative approaches, in their various guises, to the study of organizational reporting and communication. We briefly outline this growing field of research and then highlight the areas where we believe future research is needed. In doing so, we draw on Thompson’s (1990) tripartite framework. This paper provides an overview of some of the avenues for future research, which will hopefully encourage and guide researchers in this area. Journal: Accounting Forum Pages: 223-230 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:223-230 Template-Type: ReDIF-Article 1.0 Author-Name: Helen Tregidga Author-X-Name-First: Helen Author-X-Name-Last: Tregidga Author-Name: Markus Milne Author-X-Name-First: Markus Author-X-Name-Last: Milne Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Editorial Abstract: ► Interpretive and qualitative approaches. ► Narratives, disclosure and the politics of the good. ► Theoretical structures for critical accounting research. Journal: Accounting Forum Pages: 149-149 Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/j.accfor.2012.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:149-149 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 36 Year: 2012 Month: 9 X-DOI: 10.1016/S0155-9982(12)00040-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(12)00040-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Jimi Siekkinen Author-X-Name-First: Jimi Author-X-Name-Last: Siekkinen Title: Value relevance of fair values in different investor protection environments Abstract: This paper examines whether the value relevance of fair values varies across investor protection environments. By analyzing financial firms from 34 countries this study finds evidence that fair values, irrespective of the level in the fair value hierarchy, are value relevant in countries with a strong or medium investor protection environment. In a weak investor protection environment, only market prices (level 1) are relevant to investors. In addition, the results indicate that the difference in value relevance between market prices (level 1) and fair value estimates (level 3) decreases with the quality of investor protection. Journal: Accounting Forum Pages: 1-15 Issue: 1 Volume: 40 Year: 2016 Month: 3 X-DOI: 10.1016/j.accfor.2015.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:1:p:1-15 Template-Type: ReDIF-Article 1.0 Author-Name: Emmanouil Dedoulis Author-X-Name-First: Emmanouil Author-X-Name-Last: Dedoulis Title: Institutional formations and the Anglo-Americanization of local auditing practices: The case of Greece Abstract: Following influential studies on the operation of the world economic system and the development of accounting, this paper synthesizes elements of political economy and institutional theories to illuminate the processes which have led to the Anglo-Americanization of local auditing practices. By focusing on the history of modern Greece, this paper demonstrates how broader politico-economic ties created the backdrop for the development of coercive, mimetic and normative processes whose intertwinement gave rise to a professional cognitive basis and organizational practices conducive to the dominant Anglo-American models, long before the emergence of influential international accountancy organizations. Journal: Accounting Forum Pages: 29-44 Issue: 1 Volume: 40 Year: 2016 Month: 3 X-DOI: 10.1016/j.accfor.2015.11.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.11.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:1:p:29-44 Template-Type: ReDIF-Article 1.0 Author-Name: Christian Nielsen Author-X-Name-First: Christian Author-X-Name-Last: Nielsen Author-Name: Robin Roslender Author-X-Name-First: Robin Author-X-Name-Last: Roslender Author-Name: Stefan Schaper Author-X-Name-First: Stefan Author-X-Name-Last: Schaper Title: Continuities in the use of the intellectual capital statement approach: Elements of an institutional theory analysis Abstract: The Danish Guideline Project and its principal output, the intellectual capital statement, have attracted only a very limited extent of empirical attention since the conclusion of the initiative in December 2002. The paper reports the findings of a series of semi-structured interviews with individuals employed in the small subset of companies that were found to have persevered with intellectual capital reporting during most of the following decade. Interviews explored three themes: motivations for initiating intellectual capital reporting; reasons for continuing to do so; and details of the implementation and evolution of these practices. The paper utilises a number of elements of institutional theory to organise the findings and to discuss the continuities in intellectual capital reporting practice documented therein. Journal: Accounting Forum Pages: 16-28 Issue: 1 Volume: 40 Year: 2016 Month: 3 X-DOI: 10.1016/j.accfor.2015.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:1:p:16-28 Template-Type: ReDIF-Article 1.0 Author-Name: Arshad Ali Author-X-Name-First: Arshad Author-X-Name-Last: Ali Author-Name: Saeed Akbar Author-X-Name-First: Saeed Author-X-Name-Last: Akbar Author-Name: Phillip Ormrod Author-X-Name-First: Phillip Author-X-Name-Last: Ormrod Title: Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK Abstract: This study examines the extent to which the change from UK GAAP to IFRS has affected companies listed on the Alternative Investment Market (AIM) in the UK. The results suggest that, on average, profit reported under IFRS is higher than that reported under UK GAAP; however, the difference is much smaller for AIM listed companies as compared to what existing literature suggests for firms listed on main stock markets. The Gray's partial analysis results indicate that despite the extensive programmes for improving convergence over time there is still a considerable discrepancy between IFRS and UK GAAP. Journal: Accounting Forum Pages: 45-62 Issue: 1 Volume: 40 Year: 2016 Month: 3 X-DOI: 10.1016/j.accfor.2015.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:1:p:45-62 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 40 Year: 2016 Month: 3 X-DOI: 10.1016/S0155-9982(16)30032-1 File-URL: http://hdl.handle.net/10.1016/S0155-9982(16)30032-1 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Ahmed Aboud Author-X-Name-First: Ahmed Author-X-Name-Last: Aboud Author-Name: Clare Roberts Author-X-Name-First: Clare Author-X-Name-Last: Roberts Title: Managers’ segment disclosure choices under IFRS 8: EU evidence Abstract: We examine the impact of proprietary and agency cost motives on segment disclosure quality and quantity and how the adoption of the principle IFRS 8 affects this impact. By using hand-collected data, our results show that proprietary and agency costs play a relevant role in determining the quality and quantity of segment disclosure. We find that proprietary costs are a particularly relevant reason for providing lower segment disclosure quality post-IFRS 8. Our results also suggest that firms’ segment disclosure choice is dependent on disclosure dimension. These results contribute to the ongoing debate regarding IFRS 8 and have valuable implications for accounting regulators. Journal: Accounting Forum Pages: 293-308 Issue: 4 Volume: 42 Year: 2018 Month: 12 X-DOI: 10.1016/j.accfor.2018.09.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.09.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:4:p:293-308 Template-Type: ReDIF-Article 1.0 Author-Name: Sarada R. Krishnan Author-X-Name-First: Sarada R. Author-X-Name-Last: Krishnan Title: Influence of transnational economic alliances on the IFRS convergence decision in India—Institutional perspectives Abstract: This study contributes to the literature on global governance by highlighting the importance of not losing sight of the nation state as an important player in the transnational governance arena. Specifically, literature on global (accounting) regulation devotes a great deal of attention to the roles of organisations and agencies with transnational remit (such as global standard setters, donor agencies) while often downplaying the significant impacts of the more traditional cross- country links forged through economic relationships and resource dependencies between national and transnational institutional fields. This was specially noted in the case of the indirect influences of the US’s decision to delay IFRS convergence. While being interpreted as an indirect source of influence, such a decision played a very significant role on the convergence negotiations in India. The study shows how the US influence was channelled through Japan with which India has significant trade and economic relations and, most importantly, holds a joint forum specifically to discuss convergence issues. The consequences of India’s links with countries such as US and Japan in the decision-making process provide a vivid indication of the important roles of cross-governmental relationships in the global governance arena, and also question the position of transnational organisations as pervasive powers in such governance. The study’s findings clearly demonstrate that the pursuit of full IFRS convergence strongly favoured by the transnational forces was invariably challenged in the Indian context by the influences of powerful nation states advocating a more cautious approach. Journal: Accounting Forum Pages: 309-327 Issue: 4 Volume: 42 Year: 2018 Month: 12 X-DOI: 10.1016/j.accfor.2018.09.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.09.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:4:p:309-327 Template-Type: ReDIF-Article 1.0 Author-Name: Soumaya Chiba Author-X-Name-First: Soumaya Author-X-Name-Last: Chiba Author-Name: David Talbot Author-X-Name-First: David Author-X-Name-Last: Talbot Author-Name: Olivier Boiral Author-X-Name-First: Olivier Author-X-Name-Last: Boiral Title: Sustainability adrift: An evaluation of the credibility of sustainability information disclosed by public organizations Abstract: This article aims to evaluate the credibility of information disclosed by public organizations in terms of sustainable development. It focuses on an under-studied aspect in the sustainability reporting literature—namely, the factors that may affect the credibility of disclosure practices. The study is based on a qualitative analysis of the sustainable development content of annual management reports disclosed by 113 ministries and public bodies in the province of Quebec, Canada. The findings shed more light on the main factors that affect the credibility of the information disclosed therein, particularly in terms of lack of transparency and flawed monitoring mechanisms. Journal: Accounting Forum Pages: 328-340 Issue: 4 Volume: 42 Year: 2018 Month: 12 X-DOI: 10.1016/j.accfor.2018.09.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.09.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:4:p:328-340 Template-Type: ReDIF-Article 1.0 Author-Name: Fatima Yusuf Author-X-Name-First: Fatima Author-X-Name-Last: Yusuf Author-Name: Amna Yousaf Author-X-Name-First: Amna Author-X-Name-Last: Yousaf Author-Name: Abubakr Saeed Author-X-Name-First: Abubakr Author-X-Name-Last: Saeed Title: Rethinking agency theory in developing countries: A case study of Pakistan Abstract: We investigate if agency theory effectively explains agency conflict in the context of a developing country namely, Pakistan. Utilising data from 26 semi-structured interviews, we found that in Pakistan, there is no variation in risk preferences of principals (minority shareholders) and agents (majority shareholders). We also found that remuneration packages and board independence are not effective tools for governing owner managers in Pakistan. Thus, policy makers must shift their focus from soft internal governance mechanisms of appropriate remuneration and board independence. We propose for a rigorous external audit function, and appointment of independent directors and external audit firms by regulator. Journal: Accounting Forum Pages: 281-292 Issue: 4 Volume: 42 Year: 2018 Month: 12 X-DOI: 10.1016/j.accfor.2018.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:4:p:281-292 Template-Type: ReDIF-Article 1.0 Author-Name: Hafez Abdo Author-X-Name-First: Hafez Author-X-Name-Last: Abdo Author-Name: Musa Mangena Author-X-Name-First: Musa Author-X-Name-Last: Mangena Author-Name: Graham Needham Author-X-Name-First: Graham Author-X-Name-Last: Needham Author-Name: David Hunt Author-X-Name-First: David Author-X-Name-Last: Hunt Title: Disclosure of provisions for decommissioning costs in annual reports of oil and gas companies: A content analysis and stakeholder views Abstract: This study examines the extent of compliance with accounting disclosure requirements relating to provisions for decommissioning costs by oil and gas companies. We also investigate the views of stakeholders on the reporting practices of these companies. Using a content analysis approach, our findings reveal that compliance is substantially high, but companies tend to take a tick-box approach providing only minimum disclosure requirements. In semi-structured interviews, we find that disclosure decisions were driven by concerns about the credibility of information due to complexities in the accounting processes, regulatory requirements, lack of information demand and proprietary costs. These findings have policy implications. Journal: Accounting Forum Pages: 341-358 Issue: 4 Volume: 42 Year: 2018 Month: 12 X-DOI: 10.1016/j.accfor.2018.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2018.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:4:p:341-358 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 42 Year: 2018 Month: 12 X-DOI: 10.1016/S0155-9982(18)30273-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(18)30273-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Journal: Accounting Forum Pages: 1-1 Issue: 4 Volume: 42 Year: 2018 Month: 12 X-DOI: 10.1016/S0155-9982(18)30277-1 File-URL: http://hdl.handle.net/10.1016/S0155-9982(18)30277-1 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:42:y:2018:i:4:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Mark P. Hampton Author-X-Name-First: Mark P. Author-X-Name-Last: Hampton Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: Tax avoidance and global development Journal: Accounting Forum Pages: 245-248 Issue: 3 Volume: 29 Year: 2005 Month: 9 X-DOI: 10.1016/j.accfor.2005.03.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:3:p:245-248 Template-Type: ReDIF-Article 1.0 Author-Name: Jim Stewart Author-X-Name-First: Jim Author-X-Name-Last: Stewart Title: Fiscal incentives, corporate structure and financial aspects of treasury management operations Abstract: This paper presents evidence that tax policy affects corporate structure and intra-group financial flows, using a data base of Irish registered firms. How MNC’s corporate structure and financial flows react to tax policy is complex. Fiscal incentives play a key role in Irish industrial policy. The paper examines certain financial characteristics of financial subsidiaries (those managing group treasury functions) in Ireland. These characteristics are a tax haven connection, high ratios of revenues to pre-tax profits (in some cases greater than 100%), high intra-group borrowing or lending, large gross assets (in excess of ⋲500 million) and low or zero employment. While these firms pay corporation tax in Ireland (at reduced rates), there is considerable loss to other exchequers. The paper concludes that such tax haven type activities are unlikely to remain a viable part of future industrial policy in Ireland. Journal: Accounting Forum Pages: 271-288 Issue: 3 Volume: 29 Year: 2005 Month: 9 X-DOI: 10.1016/j.accfor.2005.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:3:p:271-288 Template-Type: ReDIF-Article 1.0 Author-Name: Maria E. de Boyrie Author-X-Name-First: Maria E. Author-X-Name-Last: de Boyrie Author-Name: Simon J. Pak Author-X-Name-First: Simon J. Author-X-Name-Last: Pak Author-Name: John S. Zdanowicz Author-X-Name-First: John S. Author-X-Name-Last: Zdanowicz Title: Estimating the magnitude of capital flight due to abnormal pricing in international trade: The Russia–USA case Abstract: Governmental and international lending agencies, as well as private sector firms, who engage in international trade, have long been concerned with detecting and determining the magnitude of abnormal pricing in international trade. To detect such abnormal pricings, we present a framework analyzing millions of import/export transactions between the U.S. and Russia. The objectives of this study are to estimate the economic impact of over-invoiced/under-invoiced Russian imports/exports from/to the U.S. and to determine if capital movement/capital flight through trade is due to money laundering, tax evasion or some sort of portfolio consideration. Our results lead us to conclude that capital movement through trade in this case can be attributed to either money laundering and/or tax evasion. Journal: Accounting Forum Pages: 249-270 Issue: 3 Volume: 29 Year: 2005 Month: 9 X-DOI: 10.1016/j.accfor.2005.03.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:3:p:249-270 Template-Type: ReDIF-Article 1.0 Author-Name: Gregory Rawlings Author-X-Name-First: Gregory Author-X-Name-Last: Rawlings Title: Mobile people, mobile capital and tax neutrality: Sustaining a market for Offshore Finance Centres Abstract: This paper examines the self-reported effects on business performance, sustainability and confidence following international initiatives to regulate Offshore Finance Centres (OFCs). Since the late 1990s small countries and territories have been encouraged and pressured by multilateral organisations and supranational institutions to exchange information on civil and criminal tax matters. Interview based research in Australia, Andorra, Guernsey, Samoa and Singapore has been carried out to determine how OFC clients have reacted to these initiatives along with their impacts on the offshore sector, including local economies and societies. This paper shows that these international programs have caused contraction and reorganisation in leading OFCs. However, their diverse clientele and access to established markets for global financial services continues to make them attractive locales for fund management, trusts, captive insurance and private banking. The effects on OFCs located in smaller, developing countries have been much more severe, with reports that these jurisdictions are facing major problems sustaining a share of the worldwide market for financial services and products. This suggests that because of the uneven consequences of international efforts to regulate offshore finance in selected jurisdictions, these initiatives may actually increase tax competition rather than reduce it, at least in the short term. For multilateral policies to be effective, it may well be necessary for wealthy and poor nations, including OFCs (which include some of the world's poorest and wealthiest jurisdictions) to determine if tax competition contributes to or ameliorates the inconsistencies and contradictions of globalisation and the uneven development that it produces on a worldwide scale. Journal: Accounting Forum Pages: 289-310 Issue: 3 Volume: 29 Year: 2005 Month: 9 X-DOI: 10.1016/j.accfor.2005.03.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:3:p:289-310 Template-Type: ReDIF-Article 1.0 Author-Name: J.C. Sharman Author-X-Name-First: J.C. Author-X-Name-Last: Sharman Title: South Pacific tax havens: From leaders in the race to the bottom to laggards in the race to the top? Abstract: This paper examines the fortunes of South Pacific tax havens in light of recent international campaigns to raise minimum regulatory standards. The paper is structured around three puzzles. The first is that although offshore sectors have generated meagre returns and are now associated with rising costs, this has not prevented existing players mounting a spirited defence of their offshore sectors. Secondly, although Pacific islands states would seem to be highly vulnerable to international pressure, they have also been the most recalcitrant in response to international regulatory initiatives. The third puzzle is that although onshore countries and international organisations bemoan the negative consequences of Pacific tax havens, they have been unwilling to offer the tiny sums necessary to buy out these offshore centres. Journal: Accounting Forum Pages: 311-323 Issue: 3 Volume: 29 Year: 2005 Month: 9 X-DOI: 10.1016/j.accfor.2005.03.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:3:p:311-323 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Author-Name: Mark P. Hampton Author-X-Name-First: Mark P. Author-X-Name-Last: Hampton Title: The role of accountancy firms in tax avoidance: Some evidence and issues Abstract: As entrepreneurial businesses, accountancy firms have supplemented their traditional trade of selling accounting and auditing services by diversifying into a variety of other products and services. They have developed organisational structures and strategies to sell tax avoidance schemes to corporations and wealthy individuals. The sale of such services shifts tax burdens to less mobile capital and less well-off citizens. It also erodes the tax base and brings the firms into direct conflict with the state. This paper provides some evidence of the strategies and tactics used by accountancy firms to sell schemes that enable their clients to avoid corporate, sales and payroll taxes. Such strategies stimulate reflections upon the possible trajectories in the development of accountancy firms and social consequences of their trade. Journal: Accounting Forum Pages: 325-343 Issue: 3 Volume: 29 Year: 2005 Month: 9 X-DOI: 10.1016/j.accfor.2005.03.008 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:3:p:325-343 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 3 Volume: 29 Year: 2005 Month: 9 X-DOI: 10.1016/S0155-9982(05)00035-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(05)00035-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:3:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Edward Lee Author-X-Name-First: Edward Author-X-Name-Last: Lee Author-Name: Nick Tsitisianis Author-X-Name-First: Nick Author-X-Name-Last: Tsitisianis Title: Financialized accounts: Share buy-backs, mark to market and holding the financial line in the S&P 500 Abstract: In recent years the US corporate sector has deployed more cash from operations to finance the repurchase of outstanding share capital for treasury stock. Shares repurchased for treasury stock can help flatter earnings per share, fund senior management share option compensation schemes and finance corporate acquisitions. In financialized accounts these are now significant transactions which, it is argued, serve the financial interests of managers and investors. Journal: Accounting Forum Pages: 165-178 Issue: 2 Volume: 31 Year: 2007 Month: 6 X-DOI: 10.1016/j.accfor.2006.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:2:p:165-178 Template-Type: ReDIF-Article 1.0 Author-Name: John Ferguson Author-X-Name-First: John Author-X-Name-Last: Ferguson Author-Name: David Collison Author-X-Name-First: David Author-X-Name-Last: Collison Author-Name: David Power Author-X-Name-First: David Author-X-Name-Last: Power Author-Name: Lorna Stevenson Author-X-Name-First: Lorna Author-X-Name-Last: Stevenson Title: Exploring lecturers’ perceptions of the emphasis given to different stakeholders in introductory accounting textbooks Abstract: This exploratory research considers the views of 12 introductory accounting lecturers in Scotland regarding their perceptions of how different corporate stakeholders are represented in their recommended introductory accounting texts. The study builds on previous research which suggests that accounting education is embedded in neo-classical economic ideology and instils the notion of shareholder primacy in students. Findings suggest that a majority of the accounting educators interviewed believe pre-eminence is unduly accorded to shareholders in accounting textbooks. Consequently, all but one of the interviewees held the view that students should be presented with ‘alternative perspectives’ which emphasise the user needs of other stakeholder groups, either by introducing such perspectives in lectures and tutorials or by recommending supplementary reading material. By highlighting the disparity between the issues lecturers want to teach and the values implicit in accounting textbooks this paper draws attention to the potentially limiting role which textbooks can play in the education process. Journal: Accounting Forum Pages: 113-127 Issue: 2 Volume: 31 Year: 2007 Month: 6 X-DOI: 10.1016/j.accfor.2006.11.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.11.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:2:p:113-127 Template-Type: ReDIF-Article 1.0 Author-Name: Loi Teck Hui Author-X-Name-First: Loi Teck Author-X-Name-Last: Hui Author-Name: Quek Kia Fatt Author-X-Name-First: Quek Kia Author-X-Name-Last: Fatt Title: Strategic organizational conditions for risks reduction and earnings management: A combined strategy and auditing paradigm Abstract: Business world is complex and fast changing. This paper brings strategy paradigms to the auditing domain in an attempt to advance existing understanding on the audit risk reduction and firms’ economic performance. Grounded in existing literatures, we establish some crucial convergence points between the external auditors’ audit processes and the firms’ strategic management agendas. A theoretical framework that embeds some proposed strategic organizational conditions, which align organizational internal and external effects for performance, and the theories of the firm is then presented. The literature review suggests that the integration of the audit processes and the organizational conditions is inherently beneficial to both auditors and firms. The routine from such integration can be a tacit knowledge asset or capability hard to be emulated. It shall reduce audit risks and sustain earnings performance. Hence, the practices and leveragabilities of such routine merit further managerial and research attention. We highlight at the end how our works can be tested in future research. Journal: Accounting Forum Pages: 179-201 Issue: 2 Volume: 31 Year: 2007 Month: 6 X-DOI: 10.1016/j.accfor.2006.12.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.12.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:2:p:179-201 Template-Type: ReDIF-Article 1.0 Author-Name: Freddie Choo Author-X-Name-First: Freddie Author-X-Name-Last: Choo Author-Name: Kim Tan Author-X-Name-First: Kim Author-X-Name-Last: Tan Title: An “American Dream” theory of corporate executive Fraud Abstract: In this paper, we first describe a “Broken Trust” theory that was introduced by Albrecht el al. [Albrecht, W. S., Albrecht, C. C., & Albrecht, C. O. (2004). Fraud and corporate executives: Agency, Stewardship and Broken Trust. Journal of Forensic Accounting, 5, 109–130] to explain corporate executive Fraud. The Broken Trust theory is primarily based on an “Agency” theory from economic literature and a “Stewardship” theory from psychology literature. We next describe an “American Dream” theory from sociology literature to complement Albrecht el al.'s (2004) Broken Trust theory. Like the Broken Trust theory, the American Dream theory relates to a “Fraud Triangle” concept to explain corporate executive Fraud. Finally, we provide some anecdotal evidence from recent high profile corporate executive Fraud to explore the American Dream theory. We conclude our thoughts on corporate executive Fraud from a teaching perspective. Journal: Accounting Forum Pages: 203-215 Issue: 2 Volume: 31 Year: 2007 Month: 6 X-DOI: 10.1016/j.accfor.2006.12.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.12.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:2:p:203-215 Template-Type: ReDIF-Article 1.0 Author-Name: Vivien Beattie Author-X-Name-First: Vivien Author-X-Name-Last: Beattie Author-Name: Sarah Jane Thomson Author-X-Name-First: Sarah Jane Author-X-Name-Last: Thomson Title: Lifting the lid on the use of content analysis to investigate intellectual capital disclosures Abstract: This methods paper highlights specific issues that arise in using content analysis to investigate intellectual capital (IC) disclosures. The use of content analysis in the IC context is debated through an analysis of prior studies and the use of an illustrative example (Next plc’s 2004 annual report). It is concluded that the depth and breadth of the IC concept and the lack of common definitive language make it difficult to establish the extent and nature of disclosure currently provided. The range of choices available to researchers in terms of analysing and measuring IC disclosures further hinders interpretation and comparability. Transparency in the choices made is required. Shared meanings could be developed and the IC concept better understood through increased transparency in the categorisation of IC information, which in turn could further assist in the interpretation and comparison of findings across studies. Journal: Accounting Forum Pages: 129-163 Issue: 2 Volume: 31 Year: 2007 Month: 6 X-DOI: 10.1016/j.accfor.2007.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:2:p:129-163 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 31 Year: 2007 Month: 6 X-DOI: 10.1016/S0155-9982(07)00024-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(07)00024-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: John Ferguson Author-X-Name-First: John Author-X-Name-Last: Ferguson Author-Name: David Power Author-X-Name-First: David Author-X-Name-Last: Power Author-Name: Lorna Stevenson Author-X-Name-First: Lorna Author-X-Name-Last: Stevenson Author-Name: David Collison Author-X-Name-First: David Author-X-Name-Last: Collison Title: Shareholder protection, income inequality and social health: A proposed research agenda Abstract: This paper develops a proposed research agenda in order to highlight how corporate governance, accounting and company law are relevant to the consideration of income inequality and wider social health. To illustrate this proposed research agenda, this paper draws on corporate governance research in the law and finance tradition, as well as macro-level studies in accounting concerned with the wider corporate governance context, in order to consider the association between shareholder protection, income inequality and child mortality. Under 5 child mortality is an objective indication of a country’s ability to nurture its children. In an influential body of work, La Porta et al. (1997a, 1997b, 1998, 2008) concluded that a common law legal system which protected the interests of shareholders gave rise to better economic and social outcomes. However, drawing on corporate governance and accounting literature we contend that such a conclusion is flawed. The findings of this paper suggest that common law countries (i.e. those with the greater legal protection for investors) have worse social outcomes in terms of under-5 child mortality. Journal: Accounting Forum Pages: 253-265 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2016.12.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.12.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:253-265 Template-Type: ReDIF-Article 1.0 Author-Name: Elisavet Mantzari Author-X-Name-First: Elisavet Author-X-Name-Last: Mantzari Author-Name: Christos Sigalas Author-X-Name-First: Christos Author-X-Name-Last: Sigalas Author-Name: Tony Hines Author-X-Name-First: Tony Author-X-Name-Last: Hines Title: Adoption of the International Financial Reporting Standards by Greek non-listed companies: The role of coercive and hegemonic pressures Abstract: In this paper, we examine the motivations for preparers in Greek non-listed companies to adopt International Financial Reporting Standards (IFRS). Previous literature has focused on listed companies and assessed the effect of IFRS on market efficiency to justify its adoption. Using data from a cross-sectional survey and from interviews with senior managers, our analysis indicates that the motivations to adopt IFRS in Greece are not primarily related to the technical competence of the standards. We draw insights from literature on institutional theory and hegemony based on the Selections from the Prison Notebooks of Gramsci, and show that the decision to comply with IFRS can also be motivated by coercive and hegemonic pressures, which are exerted by powerful institutional constituents as they interact with organisations’ strategic interests at the international and national level. The adoption of IFRS is driven predominantly by the pressures exerted by parent companies on their subsidiaries and by the legal requirements of the state, but also through borrowing and debt-contracting requirements as enforced by civil society actors, such as financial institutions. This mobilisation of power plays a pivotal role in supporting the establishment of IFRS among non-listed companies. Journal: Accounting Forum Pages: 185-205 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2017.04.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.04.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:185-205 Template-Type: ReDIF-Article 1.0 Author-Name: Aziz Xavier Beiruth Author-X-Name-First: Aziz Xavier Author-X-Name-Last: Beiruth Author-Name: Luiz Paulo Lopes Fávero Author-X-Name-First: Luiz Paulo Lopes Author-X-Name-Last: Fávero Author-Name: Fernando Dal Ri Murcia Author-X-Name-First: Fernando Author-X-Name-Last: Dal Ri Murcia Author-Name: José Elias Feres de Almeida Author-X-Name-First: José Elias Feres Author-X-Name-Last: de Almeida Author-Name: Talles Brugni Author-X-Name-First: Talles Author-X-Name-Last: Brugni Title: Structural changes in covenants through the adoption of IFRS in Brazil Abstract: This study examines changes in the structure of covenants in debt agreements of companies issuing debentures during the adoption of International Financial Reporting Standards (IFRS) in Brazil. We investigate debt contracts of public and private companies that issued debentures before and after IFRS adoption in Brazil, between the years 2006–2008 and 2011–2014. We develop a database with all covenants from 126 contracts via hand-collected data, with 78 contracts from before IFRS adoption and 48 contracts afterward. We find high increases in covenants after adoption. However, this growth is observed only for restrictive security and non-accounting covenants, excluding clauses with accounting multiples. Our results show that IFRS adoption in Brazil shifted incentives and, as a result, shaped a new structure of debt contracts. Our findings complement and expand previous studies and can be useful to academics, regulators and practitioners by showing that the incentives to use accounting figures and ratios shifted in the credit market after IFRS adoption. Journal: Accounting Forum Pages: 147-160 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2017.06.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.06.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:147-160 Template-Type: ReDIF-Article 1.0 Author-Name: Aminah Abdullah Author-X-Name-First: Aminah Author-X-Name-Last: Abdullah Author-Name: Iqbal Khadaroo Author-X-Name-First: Iqbal Author-X-Name-Last: Khadaroo Title: The governmentality and accountability of UK national museums and art galleries Abstract: This study furthers our understanding of the role of governmentality mechanisms in relation to other-forming and self-forming accounts of art organisations, by using empirical data collected from interviews with senior managers of UK national museums and art galleries (MAGs) and from secondary published sources. The findings highlight how governmentality mechanisms had power-effects through the creation of knowledge about MAGs and the resistance strategies of MAGs. Whilst the governmentality mechanisms were expected to ensure the automatic functioning of disciplinary power, in some instances the government directly intervened to over-ride decisions taken by senior managers when these conflicted with political imperatives. Journal: Accounting Forum Pages: 266-276 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2016.12.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.12.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:266-276 Template-Type: ReDIF-Article 1.0 Author-Name: Diogenis Baboukardos Author-X-Name-First: Diogenis Author-X-Name-Last: Baboukardos Title: Market valuation of greenhouse gas emissions under a mandatory reporting regime: Evidence from the UK Abstract: This study provides evidence on the potential benefits of mandatory environmental reporting for listed firms’ market valuation. It takes advantage of recent regulation that requires all listed firms in the UK to report their annual greenhouse gas (GHG) emissions in their annual reports and shows that the magnitude of the negative association between GHG emissions and the market value of listed firms decreased after the introduction of the reporting regulation. This decline is attributed to regulation forestalling shareholders’ negative reflexive reaction toward firms’ carbon disclosures, as proposed by the theoretical work of Unerman and O’Dwyer (2007). Journal: Accounting Forum Pages: 221-233 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2017.02.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.02.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:221-233 Template-Type: ReDIF-Article 1.0 Author-Name: Kemi C. Yekini Author-X-Name-First: Kemi C. Author-X-Name-Last: Yekini Author-Name: Ismail Adelopo Author-X-Name-First: Ismail Author-X-Name-Last: Adelopo Author-Name: Emmanuel Adegbite Author-X-Name-First: Emmanuel Author-X-Name-Last: Adegbite Title: The impact of community expectations on corporate community involvement disclosures in the UK Abstract: Despite increase mistrust between corporations and societies in the aftermath of the global corporate misbehaviours, the literature examining the impact of community concerns on corporate communications is undeveloped. Our paper is timely; it contributes to the literature on corporate social responsibility (CSR) by considering the impacts of community expectations on Corporate Community Involvement Disclosures (CCID) using a ten-year panel study. We advance CSR communication research by providing a fresh theoretical perspective – media-agenda-setting theory – to the broad CSR debate and the CCID subset of this debate. Our findings support the media-agenda theoretical expectation and provide important practice and policy recommendations for improving interactions between corporations and their communities. Journal: Accounting Forum Pages: 234-252 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2016.12.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.12.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:234-252 Template-Type: ReDIF-Article 1.0 Author-Name: Xun Gong Author-X-Name-First: Xun Author-X-Name-Last: Gong Author-Name: Corinne Cortese Author-X-Name-First: Corinne Author-X-Name-Last: Cortese Title: A socialist market economy with Chinese characteristics: The accounting annual report of China Mobile Abstract: Since the economic opening reform in the 1970s, China has undergone significant ideological change that has shifted the country’s focus from a planned economy to a market economy. The co-existence of a market economy with a socialist political regime offers a unique opportunity to explore the role of accounting in contemporary China. Using critical discourse analysis, we have analysed the production, distribution, and consumption of a leading Chinese SOE’s annual report that has a dual readership (i.e. Chinese and Western). We demonstrate that accounting reflects and helps naturalise the competing ideologies of a global market economy with strong government control. Journal: Accounting Forum Pages: 206-220 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2017.04.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.04.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:206-220 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Author-Name: Sanjaya Chinthana Kuruppu Author-X-Name-First: Sanjaya Chinthana Author-X-Name-Last: Kuruppu Title: A framework for social and environmental accounting research Abstract: This essay explores recent trends in social and environmental accounting research (SEAR). We offer a basic SEAR typology to examine the limitations and possibilities within the current discourse. SEAR has taken a corporate approach in liberal democratic social space. Our typology examines the opportunities for SEAR to interpret and create change in social practice. Journal: Accounting Forum Pages: 139-146 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2017.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:139-146 Template-Type: ReDIF-Article 1.0 Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Title: Commentary: A theoretical model of stakeholder perceptions of a new financial reporting system Journal: Accounting Forum Pages: 277-279 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2016.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:277-279 Template-Type: ReDIF-Article 1.0 Author-Name: Juarez Carneiro Author-X-Name-First: Juarez Author-X-Name-Last: Carneiro Author-Name: Lúcia Lima Rodrigues Author-X-Name-First: Lúcia Lima Author-X-Name-Last: Rodrigues Author-Name: Russell Craig Author-X-Name-First: Russell Author-X-Name-Last: Craig Title: Assessing international accounting harmonization in Latin America Abstract: We draw on institutional theory and interviews with key informants to assess international accounting harmonization in the 13 countries of the Group of Latin American Accounting Standards Setters (GLASS). Some GLASS countries have effected full formal adoption of International Financial Reporting Standards (IFRS), but in others, IFRS are not permitted. In several GLASS countries, IFRS are supplemented by national standards for micro-entities and cooperatives. We conclude that it will be difficult to achieve material harmonization in GLASS countries due to a lack of trained accountants, unreliable enforcement systems, and competing institutional logics of taxation systems, banks and insurance companies. Journal: Accounting Forum Pages: 172-184 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2017.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:172-184 Template-Type: ReDIF-Article 1.0 Author-Name: Robin Roslender Author-X-Name-First: Robin Author-X-Name-Last: Roslender Author-Name: Christian Nielsen Author-X-Name-First: Christian Author-X-Name-Last: Nielsen Title: Lessons for progressing narrative reporting: Learning from the experience of disseminating the Danish Intellectual Capital Statement approach Abstract: The case for the greater use of narrative disclosures within the annual report package continues to attract support from accounting academics. After a decade of comparatively limited attention, the topic of narrative reporting has returned to the accounting research agenda, in part in association with integrated reporting and a growing interest in accounting for business models, as well as a resurgence of intellectual capital research. In the light of a continuing optimism that narrative reporting will eventually assume its rightful place within financial reporting, the paper reports and reflects upon the findings of a study of the outcome of the Danish Guideline Project in the decade following its conclusion in late 2002. This initiative placed a heavy emphasis on the extension of narrative reporting in its principal output, the Intellectual Capital Statement, still widely regarded as a highly promising intellectual capital reporting framework. Based on insights derived from the study, the paper identifies a number of major obstacles that confront the advocates of narrative disclosure practices, the persistence of which is rooted in the contestable jurisdiction that characterises the accountancy profession itself. Journal: Accounting Forum Pages: 161-171 Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/j.accfor.2017.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:161-171 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 41 Year: 2017 Month: 9 X-DOI: 10.1016/S0155-9982(17)30173-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(17)30173-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: J.A. Ballantine Author-X-Name-First: J.A. Author-X-Name-Last: Ballantine Author-Name: P. McCourt Larres Author-X-Name-First: P. Author-X-Name-Last: McCourt Larres Author-Name: M. Mulgrew Author-X-Name-First: M. Author-X-Name-Last: Mulgrew Title: Determinants of academic cheating behavior: The future for accountancy in Ireland Abstract: This paper considers the potential for improving the reputation of the Irish accountancy profession by exploring undergraduate accounting students’ intolerance of academic cheating as a predictor of future attitudes to unethical workplace practices. The study reports that females are significantly more intolerant of cheating than males. Further, with regard to ethical ideology, idealism was found to have a significant positive association with intolerance of cheating while relativism reported no association. It is anticipated that the growing admission of women to professional accountancy membership together with educational intervention to increase idealism may improve ethical attitudes and help restore the profession's reputation. Journal: Accounting Forum Pages: 55-66 Issue: 1 Volume: 38 Year: 2014 Month: 3 X-DOI: 10.1016/j.accfor.2013.08.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.08.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:1:p:55-66 Template-Type: ReDIF-Article 1.0 Author-Name: Louise Crawford Author-X-Name-First: Louise Author-X-Name-Last: Crawford Author-Name: Christine Helliar Author-X-Name-First: Christine Author-X-Name-Last: Helliar Author-Name: Elizabeth Monk Author-X-Name-First: Elizabeth Author-X-Name-Last: Monk Author-Name: Monica Veneziani Author-X-Name-First: Monica Author-X-Name-Last: Veneziani Title: International Accounting Education Standards Board: Organisational legitimacy within the field of professional accountancy education Abstract: This research considers the organisational legitimacy of the International Accounting Education Standards Board (IAESB), and whether it is perceived or accepted as the appropriate standard setter for professional accountancy education across the globe. We define the organisational field in which the IAESB operates to influence education practice, and frame the research through the lens of both strategic and institutional traditions of organisational legitimacy. In this context, we examine the extent to which 21 selected professional accountancy bodies, operating in diverse jurisdictions across the globe, disclose compliance with IAESB pronouncements. Our results show that disclosed compliance does not always indicate conformity of practice amongst the professional bodies which have obligated themselves to comply with International Education Standards (IES). We discuss reasons for this varied immunity to IES practice and the impact this has on the IAESB achieving its self-declared objective of developing and influencing globally acceptable and implementable standards for professional accountancy education. This research should be useful to professional accountancy educationalists, and to the IAESB in pursuit of its objective. Journal: Accounting Forum Pages: 67-89 Issue: 1 Volume: 38 Year: 2014 Month: 3 X-DOI: 10.1016/j.accfor.2013.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:1:p:67-89 Template-Type: ReDIF-Article 1.0 Author-Name: Maria Tsipouridou Author-X-Name-First: Maria Author-X-Name-Last: Tsipouridou Author-Name: Charalambos Spathis Author-X-Name-First: Charalambos Author-X-Name-Last: Spathis Title: Audit opinion and earnings management: Evidence from Greece Abstract: This study examines the relationship between audit opinions and earnings management, as measured by discretionary accruals, for listed firms on the Athens Stock Exchange (ASE). We divide the qualified audit opinions into two categories: qualified for the going-concern uncertainty and qualified for other reasons. The results indicate that audit opinions are not related to earnings management. Client financial characteristics, such as profitability and size are determinants of the going-concern audit opinion decision. The decision of auditors to issue qualified opinions for other reasons is explained by the type of audit opinion issued in the previous year. Journal: Accounting Forum Pages: 38-54 Issue: 1 Volume: 38 Year: 2014 Month: 3 X-DOI: 10.1016/j.accfor.2013.09.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.09.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:1:p:38-54 Template-Type: ReDIF-Article 1.0 Author-Name: J. Josiah Author-X-Name-First: J. Author-X-Name-Last: Josiah Author-Name: O. Gough Author-X-Name-First: O. Author-X-Name-Last: Gough Author-Name: J. Haslam Author-X-Name-First: J. Author-X-Name-Last: Haslam Author-Name: N. Shah Author-X-Name-First: N. Author-X-Name-Last: Shah Title: Corporate reporting implication in migrating from defined benefit to defined contribution pension schemes: A focus on the UK Abstract: Pensions are intricately linked to employees’ well-being in the latter part of their life and during their working life in that they provide a sense of financial security in retirement. Since the 1980s, pension schemes have changed both in concept and detail with significant consequences for beneficiaries. This paper explores one of the major changes: the migration from defined benefit (DB) to defined contribution (DC) pension schemes focusing on this change's interface with accounting. In exploring this shift from DB to DC schemes, the paper uses a critical perspective to reflect on this interface including how the change is accounted for in corporate reporting narrative. The key focus is on issues of political economy: it is found in this respect that while wealth is effectively distributed from pension holders efforts are made to legitimise or displace attention from pension changes. An analysis of narratives of corporate annual reports is undertaken to critically explore corporate communication to stakeholders vis-à-vis pension scheme changes. Findings suggest limited and problematic engagement with employees as per the corporate annual report narrative. We also point to a lack of appetite on the part of existing employees to engage employers on these changes. The change is framed to give workers an impression that they are taking responsibility for their future whilst an alternative view is that in actuality the organisation is decoupling from pension responsibility and devolving associated risks to employees for greater profitability. Counter accounting may be a way forward. Journal: Accounting Forum Pages: 18-37 Issue: 1 Volume: 38 Year: 2014 Month: 3 X-DOI: 10.1016/j.accfor.2013.10.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.10.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:1:p:18-37 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Financial Reporting and Business Communication Eighteenth Annual Conference Journal: Accounting Forum Pages: 90-90 Issue: 1 Volume: 38 Year: 2014 Month: 3 X-DOI: 10.1016/j.accfor.2013.10.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.10.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:1:p:90-90 Template-Type: ReDIF-Article 1.0 Author-Name: Diogenis Baboukardos Author-X-Name-First: Diogenis Author-X-Name-Last: Baboukardos Author-Name: Gunnar Rimmel Author-X-Name-First: Gunnar Author-X-Name-Last: Rimmel Title: Goodwill under IFRS: Relevance and disclosures in an unfavorable environment Abstract: The accounting treatment of purchased goodwill under IFRS has been severely criticized due to the extensive use of fair value accounting. The purpose of this study is to enrich the ongoing debate upon this issue by drawing attention to the market valuation implications of goodwill in a country outside the Anglo-Saxon accounting paradigm, where the application of fair value accounting has been seen as more problematic. The results indicate that, in the case of purchased goodwill, fair value accounting generates relevant accounting numbers but only in companies that comply highly with IFRS disclosure requirements. Journal: Accounting Forum Pages: 1-17 Issue: 1 Volume: 38 Year: 2014 Month: 3 X-DOI: 10.1016/j.accfor.2013.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:1:p:1-17 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 38 Year: 2014 Month: 3 X-DOI: 10.1016/S0155-9982(14)00005-2 File-URL: http://hdl.handle.net/10.1016/S0155-9982(14)00005-2 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Galina Goncharenko Author-X-Name-First: Galina Author-X-Name-Last: Goncharenko Title: The accountability of advocacy NGOs: insights from the online community of practice Abstract: Advocacy non-governmental organisations (NGOs) play an important role in society by keeping in check the power of corporations and governments and uncovering rights violations. They differ from other NGOs in terms of their agenda, funding structure and the stakeholders they serve, and operate in a context characterised by increasing demands for transparency, accountability and responsible advocacy. This study examines how the accountability agenda of advocacy NGOs is shaped by the need to maintain independence, preserve values and keep reputation unsullied when faced with financial and legitimacy pressures. A netnography method is employed to analyse the discussions taking place in the NGOs’ online community of practice to understand the implications of the accountability challenges faced by advocacy NGOs through the perceptions of NGO professionals. The study reveals that the accountability agenda of advocacy NGOs is determined by the interrelated threats of financial vulnerability, potential loss of independence, legitimacy challenges and the high level of public scrutiny. The findings highlight that imperfect accountability mechanisms (e.g. financial reporting and performance management systems) hinder the ability of advocacy NGOs to demonstrate their accountability.HIGHLIGHTS Advocacy NGOs face the highest level of accountability demands among non-profits. Financial vulnerability and independence threats are the main accountability drivers. Complexities in performance management hinder signalling NGOs accountability. Netnography permits to explore perceptions of advocacy NGOs' practitioners. Journal: Accounting Forum Pages: 135-160 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1589901 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1589901 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:135-160 Template-Type: ReDIF-Article 1.0 Author-Name: Juliet H. Kemp Author-X-Name-First: Juliet H. Author-X-Name-Last: Kemp Author-Name: Gareth G. Morgan Author-X-Name-First: Gareth G. Author-X-Name-Last: Morgan Title: Incidence and perceptions of “qualified” accounts filed by small charities Abstract: Charities filing accounts with the Charity Commission for England and Wales have been asked since 2014 whether their accounts are qualified. It was found that 96% of charities (£100k–250k income) stating that their accounts were qualified had mis-answered the question. This was explored further with charity personnel and funders supporting small charities: the notion of qualified accounts was found to be misunderstood both by operational charities and by their funders. This raises issues regarding use of data on the Charity Commission’s Register and for charity regulation, as the Commission indicates that qualified reports are a trigger for possible regulatory investigation.HIGHLIGHTS 96% of charities, stating to the regulator they have qualified accounts, do not Term “qualified accounts” misunderstood by small charities and funders Funders seek charity accounting compliance information from regulator Regulator’s website displays inaccurate information on charities’ qualified accounts Funders unlikely to dismiss a small charity solely on basis of qualified accounts Journal: Accounting Forum Pages: 62-84 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1589902 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1589902 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:62-84 Template-Type: ReDIF-Article 1.0 Author-Name: Diarmuid McDonnell Author-X-Name-First: Diarmuid Author-X-Name-Last: McDonnell Author-Name: Alasdair C. Rutherford Author-X-Name-First: Alasdair C. Author-X-Name-Last: Rutherford Title: Promoting charity accountability: understanding disclosure of serious incidents Abstract: Charities are under increasing pressure to be accountable. Using a novel dataset, we provide the first analysis of the characteristics of charities voluntarily disclosing details of serious incidents that may threaten their organisation. Financial loss, fraud and theft, and personal behavior account for a majority of serious incidents reported. Larger, older organisations that have previously been subject to a regulatory investigation are more likely to report serious incidents. However, it is smaller, younger charities where the regulator perceives there to be greater risk of organisational demise arising from the incident.HIGHLIGHTS Financial loss, fraud/theft, and personal behaviour most common incidents reported. A clear link between the type of incident and the regulator's response. Larger, older charities previously subject to an investigation more likely to report. Regulator identifies a greater risk of organisational demise for smaller charities. Deeper understanding of the size and distribution of risk in the charity sector. Journal: Accounting Forum Pages: 42-61 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1589903 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1589903 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:42-61 Template-Type: ReDIF-Article 1.0 Author-Name: Mercy Denedo Author-X-Name-First: Mercy Author-X-Name-Last: Denedo Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Author-Name: Akira Yonekura Author-X-Name-First: Akira Author-X-Name-Last: Yonekura Title: Ecological damage, human rights and oil: local advocacy NGOs dialogic action and alternative accounting practices Abstract: This study explores why local NGOs in the Niger Delta integrate dialogic action and accounts into their campaigns to protect the human, economic and environmental rights of indigenous communities. The NGOs considered their alternative-accounts effective in problematising the need for greater accountability, giving greater visibilities to unsustainable practices, building the capacity of the indigenous people, creating networks of engagement, giving voice to indigenous communities and addressing some of the power imbalances in this region. NGOs and local community representatives asserted that the production and communication of accounts of their suffering were making a difference and creating hope for future change.HIGHLIGHTS Pollution from oil production has led to the destruction of agricultural land, pollution of drinking water, mangrove forest, rivers and creeks and the relocation of communities from their ancestral homes. The absence of appropriate accountability, transparency and good governance facilitated the production of alternative accounts. Local NGOs in the Niger Delta integrated dialogic action and accounts into their campaigns to protect the human, economic and environmental rights of indigenous communities. Local NGOs considered their alternative accounts as effective in problematising the need for greater accountability and in creating visibilities to unsustainable practices. Local NGOs use distinctive strategies to build the capacity of the indigenous people, build coalition and networks of engagement that enabled the indigenous people to address the power imbalance in the region. Journal: Accounting Forum Pages: 85-112 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1589904 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1589904 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:85-112 Template-Type: ReDIF-Article 1.0 Author-Name: Mohammed Mohi Uddin Author-X-Name-First: Mohammed Mohi Author-X-Name-Last: Uddin Author-Name: Ataur Rahman Belal Author-X-Name-First: Ataur Rahman Author-X-Name-Last: Belal Title: Donors’ influence strategies and beneficiary accountability: an NGO case study Abstract: Previous research on NGO accountability have focused on the constraining features of NGOs’ accountability to donors. We argue that donor accountability of NGOs also has enabling features which can be mobilised to the advantage of beneficiaries. Drawing on a fieldwork-based case study design in this paper, we show that how powerful stakeholders like donors can influence NGOs, and in that process facilitate beneficiary accountability. We have found that donors have applied “direct usage” (influence NGOs directly by controlling critical resources) and “indirect usage” (influence NGOs indirectly via other stakeholders such as regulators) strategies in holding the case NGO to account.HIGHLIGHTS This paper is concerned with finding ways for the improvement of NGOs' accountability to beneficiaries. We have argued against the tendency to view donor accountability versus beneficiary accountability as dichotomous. While previous studies have focused on the constraining features of NGOs' accountability to donors we highlight in-built enabling features of NGOs' accountability to donors which can be mobilised to the enhancement of beneficiary accountability. Our results show that powerful NGO stakeholders like donors have applied various influence strategies in holding the case NGO to account for their beneficiaries. Journal: Accounting Forum Pages: 113-134 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1589905 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1589905 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:113-134 Template-Type: ReDIF-Article 1.0 Author-Name: Carolyn J. Cordery Author-X-Name-First: Carolyn J. Author-X-Name-Last: Cordery Author-Name: Louise Crawford Author-X-Name-First: Louise Author-X-Name-Last: Crawford Author-Name: Oonagh B. Breen Author-X-Name-First: Oonagh B. Author-X-Name-Last: Breen Author-Name: Gareth G. Morgan Author-X-Name-First: Gareth G. Author-X-Name-Last: Morgan Title: International practices, beliefs and values in not-for-profit financial reporting Abstract: Financial reporting is an important aspect of not-for-profit organisations’ (NPOs’) discharge of accountability, particularly for donations and funding. Nevertheless, NPO financial reporting lacks a global approach. Drawing on a multi-national study this paper utilises a pattern-matching methodology to capturing institutional logics. We uncover tension between NPO financial reporting practice (underpinned by symbolic and material carriers of a local financial reporting logic), and a majority believe that NPO international financial reporting standards should be developed and followed. Conflict between local practice and stakeholder beliefs is evident. Significant belief differences across key stakeholder groups will likely impact the NPO financial reporting development.HIGHLIGHTS The call for international standards for financial reporting for not-for-profit entities is strongly supported. Yet this project is beset by contested logics in respect of notions of the purpose of financial reporting, comparability and how reports should be prepared. Beliefs that powerful regulators and legislators are likely influential agents for internationalising NPO financial reporting change, conflict with notions that individual nations can effect change. Journal: Accounting Forum Pages: 16-41 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1589906 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1589906 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:16-41 Template-Type: ReDIF-Article 1.0 Author-Name: David Yates Author-X-Name-First: David Author-X-Name-Last: Yates Author-Name: Florian Gebreiter Author-X-Name-First: Florian Author-X-Name-Last: Gebreiter Author-Name: Alan Lowe Author-X-Name-First: Alan Author-X-Name-Last: Lowe Title: The internal accountability dynamic of UK service clubs: towards (more) intelligent accountability? Abstract: This paper explores the nature of internal accountability within service organisations. The study adopts a cross-sectional approach, with the three largest service organisations in the world selected along with Round Table International, a popular service organisation in the UK. This paper utilises Roberts’ framework of individualising/hierarchical and socialising/intelligent forms of accountability, with socialising forms of accountability dominating accountable space within service clubs. The presence of a more “intelligent accountability” dynamic at grassroots level is then considered. This paper concludes with avenues for development of more intelligent accountability within service organisations, along with further research opportunities.HIGHLIGHTS Socialising forms of accountability dominate the agenda at the grassroots club level, due to the formation of closely-knit, collective selves within the service club environment. ‘District level’ and more senior organisational levels struggle to effectively govern the grassroots ‘club’ level of the organisation via hierarchical accountability. Declining membership within UK service clubs means that a paradox exists between maintaining a ‘strong club’ that satisfies the needs and desires of members, and a grassroots organisational level which is in line with the more corporate objectives set by the overarching service organisation. Journal: Accounting Forum Pages: 161-192 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1589907 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1589907 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:161-192 Template-Type: ReDIF-Article 1.0 Author-Name: Carolyn Cordery Author-X-Name-First: Carolyn Author-X-Name-Last: Cordery Author-Name: Ataur Rahman Belal Author-X-Name-First: Ataur Rahman Author-X-Name-Last: Belal Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Title: NGO accounting and accountability: past, present and future Abstract: The main aim of this paper is to introduce key themes of NGO accounting and accountability and provide an overview of the papers included in this special issue. These papers deal with formal reporting issues related to the regulatory requirements as well as various alternative forms of informal accountability mechanisms which are more related with the core social purpose of the organisation. This special issue contributes not only to the scholarly debates on NGO accounting and accountability but also to the various issues facing policy makers and NGO practitioners. We have provided a robust research agenda for future researchers.HIGHLIGHTS We define the term ‘NGO’ for the purposes of this issue, concluding that NGOs’ social purposes and the constraint on distribution of surpluses are the two common characteristics. This definition encourages researchers to cast their net wider when considering contexts in which to undertake their NGO study. NGO accountability discharge is broadening to a wider range of stakeholders. There are many NGO accounting and accountability issues that warrant further research. Journal: Accounting Forum Pages: 1-15 Issue: 1 Volume: 43 Year: 2019 Month: 1 X-DOI: 10.1080/01559982.2019.1593577 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1593577 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:1:p:1-15 Template-Type: ReDIF-Article 1.0 Author-Name: Sandra Cohen Author-X-Name-First: Sandra Author-X-Name-Last: Cohen Author-Name: Stergios Leventis Author-X-Name-First: Stergios Author-X-Name-Last: Leventis Title: Effects of municipal, auditing and political factors on audit delay Abstract: We examine audit delay for financial statements prepared by Greek municipalities. Greece is an interesting setting because, despite the rigid regulatory framework that governs reporting, the penalties imposed in cases of non-compliance with regulatory deadlines are almost non-existent. We investigate specifications indicated by previous research but also municipal and political factors. Our results suggest a considerable variation in audit delay which is influenced by the political process under which municipalities operate and make decisions. We analyse further determinants of non-compliance and we analyse the characteristics of non-compliers separately. Political variables persist in explaining audit delay in terms of non-compliance. Journal: Accounting Forum Pages: 40-53 Issue: 1 Volume: 37 Year: 2013 Month: 3 X-DOI: 10.1016/j.accfor.2012.04.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.04.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:1:p:40-53 Template-Type: ReDIF-Article 1.0 Author-Name: John Hasseldine Author-X-Name-First: John Author-X-Name-Last: Hasseldine Author-Name: Gregory Morris Author-X-Name-First: Gregory Author-X-Name-Last: Morris Title: Corporate social responsibility and tax avoidance: A comment and reflection Abstract: This paper is a response to Sikka’s ‘Smoke and Mirrors: Corporate Social Responsibility and Tax Avoidance’. We believe that ‘Smoke and Mirrors’ (hereafter S&M) identifies an area of considerable importance but that it is misleading and problematic for several reasons. First, it glosses over the important distinction between tax avoidance and tax evasion. Despite using the term ‘tax avoidance’ in the title, to establish its conclusion, the paper relies predominantly on a handful of examples involving fraud, deceit and corruption, which are behaviors usually associated with ‘tax evasion’. In the context of corporate social responsibility, we explain why this distinction is crucial and offer directions for future research in this area. Second, Sikka’s paper ignores voluminous extant research on tax compliance, corporate tax avoidance and its relationship with CSR. Third, the paper mis-reports key statistics on the tax gap in the UK and US, and finally, it omits a robust discussion of the considerable policy response to corporate tax avoidance, which has been promoted by numerous tax agencies and international organizations such as the OECD. In the current paper, while recognizing the merits of S&M, we highlight the problems listed above, seek to remedy them, identify additional areas of concern and encourage further research attention in this area. Journal: Accounting Forum Pages: 1-14 Issue: 1 Volume: 37 Year: 2013 Month: 3 X-DOI: 10.1016/j.accfor.2012.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:1:p:1-14 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: Smoke and mirrors: Corporate social responsibility and tax avoidance—A reply to Hasseldine and Morris Abstract: This paper is a reply to a comment by John Hasseldine and Gregory Morris on the “Smoke and Mirrors: Corporate Social Responsibility and Tax Avoidance” paper published in Accounting Forum 2010: 34(3/4): 153–168. The original paper drew attention to the gap between corporate talk of social responsibility and actual practices, which promote tax avoidance/evasion. Instead of critiquing the Smoke and Mirrors paper, Hasseldine and Morris raise a number of random and often unrelated issues, including interpretation of law, tax statistics, regulation of tax agents, the role of accountants, policies of the state and the human rights of corporations, just to mention a few. This paper responds in kind and argues that many of their comments are ill informed. Journal: Accounting Forum Pages: 15-28 Issue: 1 Volume: 37 Year: 2013 Month: 3 X-DOI: 10.1016/j.accfor.2012.09.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.09.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:1:p:15-28 Template-Type: ReDIF-Article 1.0 Author-Name: Steven Dellaportas Author-X-Name-First: Steven Author-X-Name-Last: Dellaportas Title: Conversations with inmate accountants: Motivation, opportunity and the fraud triangle Abstract: The purpose of this study is to examine the factors that influence accountants to commit fraud and to understand the function of professional roles in the advent of fraud. The data in this study were collected in interviews with four small groups of male accountants who were serving a custodial sentence for committing fraud and related offences. In sum, the evidence in this study suggests that the offenders used their positions as professional accountants to deceive others when they were confronted with a special crisis that resulted in their criminal behaviour. Journal: Accounting Forum Pages: 29-39 Issue: 1 Volume: 37 Year: 2013 Month: 3 X-DOI: 10.1016/j.accfor.2012.09.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.09.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:1:p:29-39 Template-Type: ReDIF-Article 1.0 Author-Name: Nevine El-Tawy Author-X-Name-First: Nevine Author-X-Name-Last: El-Tawy Author-Name: Tony Tollington Author-X-Name-First: Tony Author-X-Name-Last: Tollington Title: Some thoughts on the recognition of assets, notably in respect of intangible assets Abstract: The paper presents interview based research directed towards a four part proposition (in bold type), namely, that the accounting recognition of an asset is rights-based, … separable in nature and capable of being measured financially. When combined together the recorded financial picture is one that only purports to represent economic reality. The distinguishing feature from that which is contained in many conceptual frameworks is the centrality of a ‘right to transfer’ an asset in the asset recognition process. Journal: Accounting Forum Pages: 67-80 Issue: 1 Volume: 37 Year: 2013 Month: 3 X-DOI: 10.1016/j.accfor.2012.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:1:p:67-80 Template-Type: ReDIF-Article 1.0 Author-Name: Patrizio Monfardini Author-X-Name-First: Patrizio Author-X-Name-Last: Monfardini Author-Name: Antonio D. Barretta Author-X-Name-First: Antonio D. Author-X-Name-Last: Barretta Author-Name: Pasquale Ruggiero Author-X-Name-First: Pasquale Author-X-Name-Last: Ruggiero Title: Seeking legitimacy: Social reporting in the healthcare sector Abstract: This study aims to contribute to the legitimacy theory by evaluating the legitimizing capacity of a social reporting practice performed by a healthcare trust. The study is based on an in-depth analysis of a significant case of social reporting by an healthcare trust, using a multi-method research approach. Journal: Accounting Forum Pages: 54-66 Issue: 1 Volume: 37 Year: 2013 Month: 3 X-DOI: 10.1016/j.accfor.2012.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:1:p:54-66 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 37 Year: 2013 Month: 3 X-DOI: 10.1016/S0155-9982(13)00004-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(13)00004-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: M.R Mathews Author-X-Name-First: M.R Author-X-Name-Last: Mathews Title: A commentary on Lorraine, Collison and Power and Freedman and Patten: how far does empirical research assist in the drive to regulate environmental disclosures? Journal: Accounting Forum Pages: 81-86 Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/j.accfor.2004.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:81-86 Template-Type: ReDIF-Article 1.0 Author-Name: N.H.J. Lorraine Author-X-Name-First: N.H.J. Author-X-Name-Last: Lorraine Author-Name: D.J. Collison Author-X-Name-First: D.J. Author-X-Name-Last: Collison Author-Name: D.M. Power Author-X-Name-First: D.M. Author-X-Name-Last: Power Title: An analysis of the stock market impact of environmental performance information Abstract: This paper examines whether publicity (either good or bad) about environmental performance affects companies’ share prices. To date, a lot of the research in this area has been conducted in a US setting and has arrived at inconclusive results. This investigation examines the topic in a UK context. Specifically, it looks at publicity about fines for environmental pollution as well as commendations about good environmental achievements to see whether such information influences share prices. The results indicate that there is a stock market response to such news especially for details on fines—typically up to 1 week after news is published. A cross-sectional analysis indicates that the share price response is mainly a function of the relative fine imposed on the firm; other explanatory variables such as environmental performance news or sector membership were unsuccessful in explaining variations in the market responses. Journal: Accounting Forum Pages: 7-26 Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/j.accfor.2004.04.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:7-26 Template-Type: ReDIF-Article 1.0 Author-Name: R Day Author-X-Name-First: R Author-X-Name-Last: Day Author-Name: T Woodward Author-X-Name-First: T Author-X-Name-Last: Woodward Title: Disclosure of information about employees in the Directors’ report of UK published financial statements: substantive or symbolic? Abstract: The evolution of reporting about employees in the 20th century culminated in the mandatory disclosures of the Companies Act (1985). This paper reports upon a study of the employee reporting practices of FTSE 100 companies that was carried out by examining the year 2000 annual report and accounts. Journal: Accounting Forum Pages: 43-59 Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/j.accfor.2004.04.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:43-59 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Social and environmental accounting: trends and thoughts for the future Journal: Accounting Forum Pages: 1-5 Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/j.accfor.2004.04.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:1-5 Template-Type: ReDIF-Article 1.0 Author-Name: Kim Hammond Author-X-Name-First: Kim Author-X-Name-Last: Hammond Author-Name: Samantha Miles Author-X-Name-First: Samantha Author-X-Name-Last: Miles Title: Assessing quality assessment of corporate social reporting: UK perspectives Abstract: This paper examines evaluation systems of UK corporate environmental and social reporting (CSR). Three issues are addressed: what do corporations and quality assessors (QAs) regard as quality CSR; problems with quality assessment in practice, and; formal monitoring processes and award schemes as a determinant and driver of CSR. Findings are informed by interviews with four UK-based assessment organisations and 60 corporate representatives. The paper concludes that: corporations adopt less comprehensive definitions of quality than QAs; QAs adopt more stringent definitions of quality than academics; methodological problems of quality assessment highlighted in the academic literature are experienced by QAs; and that benchmarking and award schemes are important drivers of CSR. Journal: Accounting Forum Pages: 61-79 Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/j.accfor.2004.04.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:61-79 Template-Type: ReDIF-Article 1.0 Author-Name: Martin Freedman Author-X-Name-First: Martin Author-X-Name-Last: Freedman Author-Name: Dennis M Patten Author-X-Name-First: Dennis M Author-X-Name-Last: Patten Title: Evidence on the pernicious effect of financial report environmental disclosure Abstract: Unlike previous US environmental regulations, the Toxics Release Inventory (TRI), passed into law in 1986, focused on using information as a tool for reducing pollution. As noted by Konar and Cohen [Journal of Environmental Economics and Management 32 (1997) 109], if investors cared enough about the pollution performance information required under the enactment to punish bad performers, firms would have a market-based incentive to reduce toxic emissions. However, legitimacy theorists suggest that corporations may use largely voluntary financial report environmental disclosures to offset or mitigate the negative aspects of other information or actions. Accordingly, these disclosures could reduce the market effect of the TRI program. This study examines the market reaction to the unexpected proposal by President George Bush in June of 1989 for revisions in the Clean Air Act to identify whether TRI information and 10-K report environmental disclosures had an impact. Based on a sample of 112 firms, we find that companies with worse pollution performance (higher levels of size-adjusted toxic releases into the air) suffered more negative market reactions than companies with better performance. However, companies with less extensive environmental disclosures in their 10-K reports suffered more negative market reactions than companies with more extensive disclosure. These results suggest that, while the TRI information may be inducing market effects that could in turn work as a quasi-regulatory device, financial report environmental disclosure reduces its impact. If concern about the environment is important, therefore, it appears that environmental disclosure under a largely voluntary regime is inadequate. Journal: Accounting Forum Pages: 27-41 Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/j.accfor.2004.04.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:27-41 Template-Type: ReDIF-Article 1.0 Author-Name: Craig Deegan Author-X-Name-First: Craig Author-X-Name-Last: Deegan Title: Environmental disclosures and share prices—a discussion about efforts to study this relationship Journal: Accounting Forum Pages: 87-97 Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/j.accfor.2004.04.007 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:87-97 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 28 Year: 2004 Month: 3 X-DOI: 10.1016/S0155-9982(04)00021-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(04)00021-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Gerard William Stone Author-X-Name-First: Gerard William Author-X-Name-Last: Stone Title: Readability of accountants’ communications with small business—Some Australian evidence Abstract: This paper explores the readability of a new and non-corporate narrative area, accountants’ communications with small business. The distinctive motivations, agendas and interests of small business managers are considered. The findings are informed by rationales from Shearer’s (2002) thesis on the influence of neoclassical economics on accounting discourse. The study finds low readability accentuated by potentially low reader interest with accounting documents composed according to conventional accounting’s rules and statutory requirements. Higher readability and document content which informs small business managers’ interests is evident when accountants are not compelled to author documents with reference to these professional rules and legislation. Journal: Accounting Forum Pages: 247-261 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2010.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2010.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:247-261 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Third global accounting and organizational change research conference 2012 Journal: Accounting Forum Pages: 285-286 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:285-286 Template-Type: ReDIF-Article 1.0 Author-Name: Ron Kluvers Author-X-Name-First: Ron Author-X-Name-Last: Kluvers Author-Name: John Tippett Author-X-Name-First: John Author-X-Name-Last: Tippett Title: An exploration of stewardship theory in a Not-for-Profit organisation Abstract: The aim of this study is to understand the ability of stewardship theory, as compared with agency theory, to explain motivation of the staff in a Not-for-Profit (NFP) organisation. Agency theory is seen as providing an explanation of motivation in the business sector however we argue that the different cultural and organisational conditions weaken the explanatory power of agency theory in the NFP sector. In pursuing this investigation, we were mindful of Brinberg's (2009) encouragement for a more outward-looking approach to management accounting issues and in particular his call for the use qualitative research methods and to allow practice to inform theory. Journal: Accounting Forum Pages: 275-284 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.04.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.04.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:275-284 Template-Type: ReDIF-Article 1.0 Author-Name: Daniel Zéghal Author-X-Name-First: Daniel Author-X-Name-Last: Zéghal Author-Name: Anis Maaloul Author-X-Name-First: Anis Author-X-Name-Last: Maaloul Title: The accounting treatment of intangibles – A critical review of the literature Abstract: Intangible investments have become the main value creators for many companies and economic sectors. However, these investments are rarely recognized as assets by current accounting standards. We provide a critical review of the literature on the consequences of this lack of accounting recognition of intangibles for the value-relevance of financial information, resource allocation in the capital market, growth of intangible investments, and the firm's market value. We then review recent empirical research on voluntary disclosure of information on intangibles. Our survey concludes that disclosure can considered as a solution to the negative consequences of non-recognition of intangibles in financial statements. Journal: Accounting Forum Pages: 262-274 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.04.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.04.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:262-274 Template-Type: ReDIF-Article 1.0 Author-Name: Charmaine M. Coetzee Author-X-Name-First: Charmaine M. Author-X-Name-Last: Coetzee Author-Name: Chris J. van Staden Author-X-Name-First: Chris J. Author-X-Name-Last: van Staden Title: Disclosure responses to mining accidents: South African evidence Abstract: Mining activities generate significant social concerns in terms of employee safety and stakeholder scrutiny has increased considerably in recent years. Social and environmental accounting research is largely dedicated to environmental issues and the study of other components of social accounting is limited. This study examines safety disclosures in the annual reports, sustainability reports, and reactive corporate press releases of South African mining organisations following two major mining accidents occurring at Harmony Gold and Gold Fields’ mines. Results show that organisations react to perceived legitimacy threats through increased safety disclosures. The entire mining industry evidences an increase in disclosure levels after the incidents, suggesting that organisations do respond to increased stakeholder scrutiny threatening their legitimacy. Furthermore, our results provide evidence of an association between safety disclosure levels and firm size, social performance, risk, and number of fatalities, while the media attention devoted to mining accidents appears to be unrelated to safety disclosure levels. It is possible that stakeholder pressure, which motivates corporate social disclosures according to legitimacy and stakeholder theories, consists of various factors, which combined form the motivation to report. Media attention, therefore, cannot be considered in isolation as a driver of disclosure. Rather, a combination of variables such as size, social responsibility performance, number of fatalities, risk, and media attention could serve as a proxy for social pressure. Journal: Accounting Forum Pages: 232-246 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:232-246 Template-Type: ReDIF-Article 1.0 Author-Name: Hannele Mäkelä Author-X-Name-First: Hannele Author-X-Name-Last: Mäkelä Author-Name: Matias Laine Author-X-Name-First: Matias Author-X-Name-Last: Laine Title: A CEO with many messages: Comparing the ideological representations provided by different corporate reports Abstract: This study analyzes how corporate reporting can be used to reinforce particular worldviews in the ongoing discursive debate over sustainability. The use of language is compared in CEO letters from two types of disclosures: the annual and sustainability reports of two Finnish companies during 2000–2009. The analysis is based on Thompson’s (1990) schema regarding the modes of ideology. Significant differences are noted; the CEO letters in the annual reports prominently use the economic discourse of growth and profitability, but they rely on the ‘well-being’ discourse in the sustainability reports. Despite the difference in discourse, by using different forms of ideological strategies, both types of disclosure serve the dominant social paradigm. The findings presented in this study highlight the need to further develop corporate sustainability reporting practices. Journal: Accounting Forum Pages: 217-231 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.06.008 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:217-231 Template-Type: ReDIF-Article 1.0 Author-Name: Richard A. Iley Author-X-Name-First: Richard A. Author-X-Name-Last: Iley Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: Erratum to “Has the global financial crisis produced a new world order?” [Account. Forum 35 (2011) 90–103] Journal: Accounting Forum Pages: 289-289 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.06.009 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.009 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:289-289 Template-Type: ReDIF-Article 1.0 Author-Name: David Hatherly Author-X-Name-First: David Author-X-Name-Last: Hatherly Author-Name: Gavin Kretzschmar Author-X-Name-First: Gavin Author-X-Name-Last: Kretzschmar Title: Capital and income financialization: Accounting for the 2008 financial crisis Abstract: Financialization is recognised as a key feature of the 2008 financial crisis. We argue that a lesson is the need for an accounting framework which focuses upon financialization allowing it to be monitored and controlled by stakeholders. We argue that financialization has been permitted through the failure of accounting to distinguish distributable income from capital gains/transfers and to distinguish productive from speculative capital. We introduce an accounting presentation (4S accounting) which effectively makes these distinctions. We use a stylized example to illustrate how it should be applied to the financial reporting of banks. Journal: Accounting Forum Pages: 209-216 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.06.010 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.010 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:209-216 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Islam, accounting and society Journal: Accounting Forum Pages: 287-287 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/j.accfor.2011.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:287-287 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/S0155-9982(11)00057-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(11)00057-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: FRBC Call for Papers Journal: Accounting Forum Pages: 288-288 Issue: 4 Volume: 35 Year: 2011 Month: 12 X-DOI: 10.1016/S0155-9982(11)00063-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(11)00063-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:35:y:2011:i:4:p:288-288 Template-Type: ReDIF-Article 1.0 Author-Name: Alessandro Ghio Author-X-Name-First: Alessandro Author-X-Name-Last: Ghio Author-Name: Roberto Verona Author-X-Name-First: Roberto Author-X-Name-Last: Verona Title: Accounting harmonization in the BRIC countries: A common path? Abstract: •The aim of this study is to examine the adoption of the IAS/IFRS by the BRICs.•We develop a three-dimensional framework (political, economic and cultural dimensions) to investigate the different accounting harmonization processes.•We find that China and India issue national accounting standards based on the IAS/IFRS (‘translation/editing’), whereas Brazil and Russia fully adopt the IAS/IFRS (‘imitation’).•The political dimension, supported by the national culture and ‘community’, drives the decision process, even if the three dimensions are strictly interconnected.•National interests, as the highlighted ‘varieties of capitalism’ show, are currently limiting the standardization process and more broadly, the globalization.The aim of this paper is to understand the similarities and differences in the accounting convergence process of the BRIC countries. The study examines the evolution of these countries’ accounting systems by developing a three-dimensional framework based on the political, economic and cultural elements. Brazil and Russia merely imitate, whereas China and India edit and translate the international standards (‘informed divergence’). The political aspect, supported by the national culture and ‘community’, represents the main driver, even if the three dimensions are closely interconnected and overall, we show the current emergence of limits of the implementation of the dominant market model. Journal: Accounting Forum Pages: 121-139 Issue: 2 Volume: 39 Year: 2015 Month: 6 X-DOI: 10.1016/j.accfor.2015.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:2:p:121-139 Template-Type: ReDIF-Article 1.0 Author-Name: Rania Kamla Author-X-Name-First: Rania Author-X-Name-Last: Kamla Author-Name: Rana Alsoufi Author-X-Name-First: Rana Author-X-Name-Last: Alsoufi Title: Critical Muslim Intellectuals’ discourse and the issue of ‘Interest’ (ribā): Implications for Islamic accounting and banking Abstract: This article introduces and employs Critical Muslim Intellectuals’ (CMIs) methodological approaches and debates to discuss the issue of bank-interest/ribā in Islam. It builds specifically on Fazlur Rahman's (Pakistan) methodology and debates and counters them with the traditionalists’ approaches to the issue of ribā. The paper highlights the displacement of CMIs’ discourses from mainstream Islamic accounting and banking literature and practices and argues that such displacement is hindering the emergence of genuine, innovative and critical debate on the issue of ribā in particular and Islamic accounting and banking in general. The paper elaborates on the need to incorporate the critical debates and thought of CMIs into the fields of Islamic accounting and banking if these fields wish to contribute to enhancing socio-economic justice and finding an alternative to their conventional, neoliberal counterparts. Journal: Accounting Forum Pages: 140-154 Issue: 2 Volume: 39 Year: 2015 Month: 6 X-DOI: 10.1016/j.accfor.2015.02.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.02.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:2:p:140-154 Template-Type: ReDIF-Article 1.0 Author-Name: Sean McCartney Author-X-Name-First: Sean Author-X-Name-Last: McCartney Author-Name: John Stittle Author-X-Name-First: John Author-X-Name-Last: Stittle Title: Accounting for producer needs: The case of Britain's rail infrastructure Abstract: Academic studies of the industries privatised in Britain since the mid-1980s have focused on regulation and performance. This paper discusses the impact of changes in accounting policies within the British railway industry, which has been almost completely neglected in the literature to date. Journal: Accounting Forum Pages: 109-120 Issue: 2 Volume: 39 Year: 2015 Month: 6 X-DOI: 10.1016/j.accfor.2015.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:2:p:109-120 Template-Type: ReDIF-Article 1.0 Author-Name: Henry Agyei-Boapeah Author-X-Name-First: Henry Author-X-Name-Last: Agyei-Boapeah Title: Cross-border acquisitions and financial leverage of UK acquirers Abstract: Based on a sample of 782 acquisitions by UK firms during 1982–2009, this paper examines the impact of cross-border acquisitions on financial leverage. The paper shows that cross-border acquisitions have a negative impact on the financial leverage of acquiring firms. However, the negative impact of cross-border acquisitions disappears when acquirers choose targets from developed countries, and also when the acquisitions are undertaken by multinational firms. Collectively, the findings imply that exposure to foreign markets reduces the borrowing ability of acquiring firms especially when they choose targets from developing countries, and when they have no previous experience in foreign markets. Journal: Accounting Forum Pages: 97-108 Issue: 2 Volume: 39 Year: 2015 Month: 6 X-DOI: 10.1016/j.accfor.2015.03.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.03.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:2:p:97-108 Template-Type: ReDIF-Article 1.0 Author-Name: Christian Nielsen Author-X-Name-First: Christian Author-X-Name-Last: Nielsen Author-Name: Gunnar Rimmel Author-X-Name-First: Gunnar Author-X-Name-Last: Rimmel Author-Name: Tadanori Yosano Author-X-Name-First: Tadanori Author-X-Name-Last: Yosano Title: Outperforming markets: IC and the long-term performance of Japanese IPOs Abstract: This article studies the effects of disclosure practices of Japanese IPO prospectuses on long-term stock performance and bid–ask spread, as a proxy for cost of capital, after a company is admitted to the stock exchange. A disclosure index methodology is applied to 120 IPO prospectuses from 2003. Intellectual capital information leads to significantly better long-term performance against a reference portfolio, and is thus important to the capital market. Further, superior disclosure of IC reduces bid–ask spread in the long-term, indicating that such disclosures are important in an IPO setting. Analysts and investors can attain higher long-term returns by understanding IC. Journal: Accounting Forum Pages: 83-96 Issue: 2 Volume: 39 Year: 2015 Month: 6 X-DOI: 10.1016/j.accfor.2015.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2015.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:2:p:83-96 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 39 Year: 2015 Month: 6 X-DOI: 10.1016/S0155-9982(15)00015-0 File-URL: http://hdl.handle.net/10.1016/S0155-9982(15)00015-0 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Elizabeth Dreike Almer Author-X-Name-First: Elizabeth Dreike Author-X-Name-Last: Almer Author-Name: Margaret G. Lightbody Author-X-Name-First: Margaret G. Author-X-Name-Last: Lightbody Author-Name: Louise E. Single Author-X-Name-First: Louise E. Author-X-Name-Last: Single Title: Successful promotion or segregation from partnership? An examination of the “post-senior manager” position in public accounting and the implications for women’s careers Abstract: Historically public accounting careers have been “up or out” with progression from staff though senior, manager, senior manager, and ultimately, partner. Recent AICPA data suggests senior managers are increasingly promoted to non-equity “director/principal” positions rather than to partner (AICPA, 2006). Further, this career path appears to be disproportionately occurring for women. This survey of the membership of the American Women’s Society of Certified Public Accountants (AWSCPA) provides the first descriptive data on the nature and impact of the post-senior manager position from the perspective of senior women accountants and reflects on the gender implications of these findings. Of concern is the early indication that firms may be using such positions to create a ‘reserve force of [partnership-level] labour’. If women are disproportionately appointed to such positions, they may be forming a new source of vertical segregation for women accountants. Journal: Accounting Forum Pages: 122-133 Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/j.accfor.2011.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:122-133 Template-Type: ReDIF-Article 1.0 Author-Name: Ashraf Khallaf Author-X-Name-First: Ashraf Author-X-Name-Last: Khallaf Title: Information technology investments and nonfinancial measures: A research framework Abstract: Despite the substantial growth of IT investments, evidence on their impact on firm performance remains inconclusive. An important management question is whether anticipated economic benefits of IT investments are being realized. The intangible benefits obtained from IT are not captured by accrual-based accounting measures alone, and, therefore, call for a comprehensive measure that focuses on segments of performance influenced by IT investments. This study proposes a framework that utilizes nonfinancial measures to link IT investments to their intangible benefits and applies the agency theory to examine the contribution of IT investments by tying managerial compensation to firm value. Journal: Accounting Forum Pages: 109-121 Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/j.accfor.2011.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:109-121 Template-Type: ReDIF-Article 1.0 Author-Name: Peipei Pan Author-X-Name-First: Peipei Author-X-Name-Last: Pan Author-Name: Hector Perera Author-X-Name-First: Hector Author-X-Name-Last: Perera Title: Market relevance of university accounting programs: Evidence from Australia Abstract: The quality of university accounting programs has been the subject of discussion and debate among researchers, practicing arms of the accounting profession and international accounting bodies for a long time. More recently, the International Accounting Education Standards Board (IAESB) stated in its Strategic and Operational Plan, 2007–2009 that the development and enhancement of accounting education could largely help strengthen the accounting profession (IFAC, 2007a). This comment was no doubt aimed at the need to regain some of the lost confidence in the accounting profession in recent years. The current study focuses on the issue of whether Australian universities produce accounting graduates with market expected knowledge, skills and competencies. Market expectations were identified by surveying employers of accounting graduates in a major metropolitan area in Australia. Focusing on an analysis of the undergraduate accounting program of a prominent university in Australia, the study provides evidence that the existing university accounting programs may not always be in line with the market expectations due to some inconsistencies of program structure and emphasis. The findings of this study have implications for professional accounting bodies, accounting educators and students, and researchers. Journal: Accounting Forum Pages: 91-108 Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/j.accfor.2011.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:91-108 Template-Type: ReDIF-Article 1.0 Author-Name: Marann Byrne Author-X-Name-First: Marann Author-X-Name-Last: Byrne Author-Name: Barbara Flood Author-X-Name-First: Barbara Author-X-Name-Last: Flood Author-Name: Trevor Hassall Author-X-Name-First: Trevor Author-X-Name-Last: Hassall Author-Name: John Joyce Author-X-Name-First: John Author-X-Name-Last: Joyce Author-Name: Jose Luis Arquero Montaño Author-X-Name-First: Jose Luis Author-X-Name-Last: Arquero Montaño Author-Name: José María González González Author-X-Name-First: José María Author-X-Name-Last: González González Author-Name: Eleni Tourna-Germanou Author-X-Name-First: Eleni Author-X-Name-Last: Tourna-Germanou Title: Motivations, expectations and preparedness for higher education: A study of accounting students in Ireland, the UK, Spain and Greece Abstract: This paper compares the motives, expectations and preparedness of a sample of students commencing the study of accounting in higher education in four European countries. The findings reveal that whilst all students are motivated to progress to higher education for career-oriented reasons and to seek intellectual growth, considerable variation is observed between the students in the four settings with regard to motives, confidence and perceptions of preparedness for higher education. The implications of these findings, both in the context of the alignment objectives of the Bologna process and the ongoing accounting education change debate, are considered. Journal: Accounting Forum Pages: 134-144 Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/j.accfor.2011.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:134-144 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call for papers: A mode of governance and accountability for a better world?: Journal of Accounting & Organizational Change Journal: Accounting Forum Pages: 145-146 Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/j.accfor.2012.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:145-146 Template-Type: ReDIF-Article 1.0 Author-Name: Ronald P. Guidry Author-X-Name-First: Ronald P. Author-X-Name-Last: Guidry Author-Name: Dennis M. Patten Author-X-Name-First: Dennis M. Author-X-Name-Last: Patten Title: Voluntary disclosure theory and financial control variables: An assessment of recent environmental disclosure research Abstract: A growing number of environmental disclosure studies are using financial control variables based on arguments from the voluntary disclosure theory (VDT). The VDT justifications for these controls are based on assumptions that disclosure is used as a tool for reducing information asymmetry between managers and investors. Given the findings reported in a broad sample of legitimacy-based environmental disclosure studies, we question whether the disclosures are primarily aimed at the market, and as such attempt to assess evidence to date on the relation between VDT financial control variables and differences in environmental disclosure. Based on a review of thirteen recent environmental disclosure studies including VDT financial control variables in their analyses, we fail to find, with the exception of firm size, evidence suggesting any systemic associations. Further, we assess whether including VDT financial control variables changes the inferences on the relation between environmental performance and environmental disclosure in one recent legitimacy-based study (Cho & Patten, 2007) and find that even with the controls, a negative association between performance and disclosure still exists. Overall, we question the need for VDT financial control variables in environmental disclosure research, but encourage further exploration of the relations using more consistent measures and media of disclosure. Journal: Accounting Forum Pages: 81-90 Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/j.accfor.2012.03.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.03.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:81-90 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call for papers: The global financial crisis and accounting: The British Accounting Review Journal: Accounting Forum Pages: 147-147 Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/j.accfor.2012.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:147-147 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 36 Year: 2012 Month: 6 X-DOI: 10.1016/S0155-9982(12)00025-7 File-URL: http://hdl.handle.net/10.1016/S0155-9982(12)00025-7 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call for papers for a special issue of accounting, auditing and accountability journal: “Accounting and the visual” Journal: Accounting Forum Pages: 323-324 Issue: 3 Volume: 31 Year: 2007 Month: 9 X-DOI: 10.1016/j.accfor.2007.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:3:p:323-324 Template-Type: ReDIF-Article 1.0 Author-Name: Lois Mahoney Author-X-Name-First: Lois Author-X-Name-Last: Mahoney Author-Name: Robin W. Roberts Author-X-Name-First: Robin W. Author-X-Name-Last: Roberts Title: Corporate social performance, financial performance and institutional ownership in Canadian firms Abstract: This study examines the relationship of corporate social performance (CSP) to financial performance (FP) and institutional ownership. We perform our empirical analyses on a large-sample of publicly held Canadian firms and use a novel independent measure of CSP. Based on tests utilizing four years of panel data, we found no significant relationship between a composite measure of firms’ CSP and FP. However, we found significant relationships between individual measures of firms’ CSP regarding environmental and international activities and FP. Our findings indicate a significant relationship between firms’ composite CSP measure and the number of institutions investing in firms’ stock. In addition, we found significant relationships between firms’ CSP ratings regarding their international activities and product quality and the number of institutions investing in firms’ stock. These findings, while subject to the limitations inherent in the use of specific CSP measures, provide mixed support for the business case for CSP. Journal: Accounting Forum Pages: 233-253 Issue: 3 Volume: 31 Year: 2007 Month: 9 X-DOI: 10.1016/j.accfor.2007.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:3:p:233-253 Template-Type: ReDIF-Article 1.0 Author-Name: Owolabi M. Bakre Author-X-Name-First: Owolabi M. Author-X-Name-Last: Bakre Title: The unethical practices of accountants and auditors and the compromising stance of professional bodies in the corporate world: Evidence from corporate Nigeria Abstract: Investors in Nigeria have lost several billions of dollars through the collusion of accountants and external auditors with companies’ management and directors to falsify and deliberately overstate companies’ accounts. As a consequence of unethical practices by accountants and auditors, which have resulted in the distress or occasionally the closure of companies, some indigenous Nigerian Managing Directors of multinational corporations such as Lever Brothers Nigeria Plc and Cadbury Nigeria Plc have been sacked and replaced with expatriates. Some companies placed under receivership have also lost billions of dollars due to professional misconduct by their official receivers. Contrary to the claim of ‘protecting the public interest,’ accountants and auditors may be partly responsible for cases of distress and closure of companies and banking institutions in Nigeria. However, the various Statutory Provisions and Acts relating to companies and professional bodies all place the responsibility on the accountants and auditors to detect and report to the regulators cases of suspected fraud and accounting malpractice. Through detailed consideration of cases of fraud, falsifications and deliberate overstatement of companies’ accounts, this paper examines the claim that the professional bodies are capable of protecting the public interest. It utilizes archival documents to provide evidence that suggests professional misconduct by accountants, particularly the members of the Institute of Chartered Accountants of Nigeria (ICAN). The paper provides further evidence that ICAN has been reluctant to either investigate or sanction its erring members. The paper posits that the reluctance or inability of the ICAN’s “Investigation and Disciplinary Machinery” to either investigate or discipline the erring accountants and auditors suggests that whether by design or default, the ICAN’s “Investigation and Disciplinary Machinery” operates to shield the activities of its erring members in accountancy firms from critical scrutiny. Journal: Accounting Forum Pages: 277-303 Issue: 3 Volume: 31 Year: 2007 Month: 9 X-DOI: 10.1016/j.accfor.2007.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:3:p:277-303 Template-Type: ReDIF-Article 1.0 Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Edward Lee Author-X-Name-First: Edward Author-X-Name-Last: Lee Author-Name: Nick Tsitsianis Author-X-Name-First: Nick Author-X-Name-Last: Tsitsianis Title: Financialized accounts: A stakeholder account of cash distribution in the S&P 500 (1990–2005) Abstract: In this paper, we construct a financialized account of corporate restructuring in S&P 500 survivor firms where corporate transactions are accounted for at fair value or are marked to market. Accounting practitioners are preoccupied with the technical aspects of fair value reporting, but the outcome of absorbing wealth accumulation into corporate sector balance sheets is not simply a neutral technical issue. In financialized accounts blending current income and expenditure with capital market value amplifies the need to distribute cash to equity holders. In financialized accounts realignments generated by a product market downturn are magnified because value at risk and corrective restructuring will be wired into balance sheet fair value not historic cost. Journal: Accounting Forum Pages: 217-232 Issue: 3 Volume: 31 Year: 2007 Month: 9 X-DOI: 10.1016/j.accfor.2007.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:3:p:217-232 Template-Type: ReDIF-Article 1.0 Author-Name: William Hahn Author-X-Name-First: William Author-X-Name-Last: Hahn Title: Accounting research: An analysis of theories explored in doctoral dissertations and their applicability to Systems Theory Abstract: This study examined theories used in accounting doctoral dissertations and found that dissertations in this discipline test theories drawn from economics, finance, psychology, and sociology, with 53% from economics and finance and 27% from psychology. Further, a primary conclusion of this paper is that doctoral research in accounting explores subsets of organizational activity consistent with the premises of Systems Theory. Journal: Accounting Forum Pages: 305-322 Issue: 3 Volume: 31 Year: 2007 Month: 9 X-DOI: 10.1016/j.accfor.2007.06.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.06.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:3:p:305-322 Template-Type: ReDIF-Article 1.0 Author-Name: Shanta S.K. Davie Author-X-Name-First: Shanta S.K. Author-X-Name-Last: Davie Title: A colonial “social experiment”: Accounting and a communal system in British-ruled Fiji Abstract: There is now an emerging literature that focuses on accounting practices in colonial processes of imperialism. This historical study theorises accounting’s involvement in collectivistic social arrangements within a colonial regime. It analyses the colonial functions of accounting in British-ruled Fiji. We define colonialism by an official emphasis on the customary in 19th century utopian community-type ideas. The paper focuses on the moments and processes including that of accounting that produced such an expression of cultural difference. Rather than taking the communal division as given, this paper analyses the construction of such an identity and the role played by accounting from a political economy perspective. It examines the complex negotiations that sought to define a utopian communal arrangement that exploited, inter alia, the generation of much needed revenue for the state coffers. Journal: Accounting Forum Pages: 255-276 Issue: 3 Volume: 31 Year: 2007 Month: 9 X-DOI: 10.1016/j.accfor.2007.06.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.06.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:3:p:255-276 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 31 Year: 2007 Month: 9 X-DOI: 10.1016/S0155-9982(07)00036-1 File-URL: http://hdl.handle.net/10.1016/S0155-9982(07)00036-1 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Gregory A. Liyanarachchi Author-X-Name-First: Gregory A. Author-X-Name-Last: Liyanarachchi Author-Name: Markus J. Milne Author-X-Name-First: Markus J. Author-X-Name-Last: Milne Title: Comparing the investment decisions of accounting practitioners and students: an empirical study on the adequacy of student surrogates Abstract: The use of students as surrogates for non-students has been a controversial issue in behavioural accounting research. However, the empirical evidence on student surrogates suggests that students can be adequate surrogates for practitioners in decision-making tasks. This present paper seeks to examine the adequacy of accounting students as surrogates for their practising counterparts in an investment decision task. For this purpose, an experimental decision task used in Milne and Patten [Acc., Audit. Acc. J. 15 (3) (2002) 372] is replicated using student subjects. The results indicate that, in general, students’ short-term and long-term investment decisions compare well with those of the practitioners. These findings encourage more empirical investigations into the adequacy of students as surrogates for accounting practitioners. Journal: Accounting Forum Pages: 121-135 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2004.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:121-135 Template-Type: ReDIF-Article 1.0 Author-Name: Reiner Quick Author-X-Name-First: Reiner Author-X-Name-Last: Quick Author-Name: Bent Warming-Rasmussen Author-X-Name-First: Bent Author-X-Name-Last: Warming-Rasmussen Title: The impact of MAS on perceived auditor independence-some evidence from Denmark Abstract: The Enron case has highlighted that the provision of management advisory services (MAS) can endanger auditor independence. Recently, a number of changes have not only been made to the relevant international and US regulations, but also to the Danish regulations in this area. Theoretical research explains the emergence of non-independence and demonstrates that the provision of MAS can decrease independence. According to the economic model of DeAngelo, the existence of client-specific quasi-rents impairs auditor independence. The provision of MAS increases quasi-rents and thus, is a threat to independence. Antle used an agency theoretical approach. Information asymmetries between auditor and client could lead to a moral hazard risk, i.e. the auditor could give up independence from client's management and accept payments for withholding detected errors and irregularities. The client's management could also use MAS to legally compensate the auditor for giving away independence. Journal: Accounting Forum Pages: 137-168 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2004.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:137-168 Template-Type: ReDIF-Article 1.0 Author-Name: Ronald L. Stoltzfus Author-X-Name-First: Ronald L. Author-X-Name-Last: Stoltzfus Author-Name: Ruth W. Epps Author-X-Name-First: Ruth W. Author-X-Name-Last: Epps Title: An empirical study of the value-relevance of using proportionate consolidation accounting for investments in joint ventures Abstract: This research examines bond risk premiums to determine whether creditors of companies with investments in joint ventures reflect legal or implicit measures of the debts of joint ventures. The legal view suggests that the amount of potential loss from an investment in a joint venture is limited to the investment. The implicit view suggests that the operations of the joint venture and the venturer are interdependent. Equity method accounting reflects the legal view and proportionate consolidation reflects the implicit view. Journal: Accounting Forum Pages: 169-190 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2004.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:169-190 Template-Type: ReDIF-Article 1.0 Author-Name: Kimberly Frank Charron Author-X-Name-First: Kimberly Frank Author-X-Name-Last: Charron Author-Name: D. Jordan Lowe Author-X-Name-First: D. Jordan Author-X-Name-Last: Lowe Title: Factors that affect accountant's perceptions of alternative work arrangements Abstract: Advances in technology have impacted accounting careers with resulting changes in where, when and how accountants perform their job duties. In addition, employee attitudes towards, and need for, better work/life balance has led to more firms offering alternate work arrangements (AWA). Research suggests that AWA programs can lead to many benefits for both employers and employees. Despite the prevalence of these programs there are relatively few accountants working under these arrangements and concerns about work/life balance continue. This study examines factors that shape perceptions of the cost and benefits associated with the adoption and/or support of AWAs across work culture, gender and participation experience. Our results suggest that work environment had a significant effect on perceptions of AWAs. Public accountants perceived greater costs related to career advancement but correspondingly less concern about administrative issues than management accountants. We also found that accountants who have participated (or are currently participating in an AWA), perceived greater benefits and less concern for potential negative consequences to their careers than non-participants. Finally, women perceived greater benefits to result from participation in an AWA and men perceived correspondingly more costs. Regardless, both genders perceived that AWAs were not strictly a women's issue. These findings contribute to our understanding of alternate work arrangements and point to factors that must be addressed to increase the acceptance and success of these programs. Journal: Accounting Forum Pages: 191-206 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2004.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:191-206 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call for papers: Special issue of the electronic journal of radical organisation theory Journal: Accounting Forum Pages: 243-244 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2004.10.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.10.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:243-244 Template-Type: ReDIF-Article 1.0 Author-Name: Abdel K. Halabi Author-X-Name-First: Abdel K. Author-X-Name-Last: Halabi Title: Accounting tele teaching lectures: issues of interaction and performance Abstract: This paper provides empirical evidence on two aspects related to using tele teaching to deliver accounting lectures. The first issue examines student opinion on whether tele teaching lectures provide educational interactions between the learner and the instructor similar to face-to-face teaching. The second issue examines the subject performance of students who were tele taught against a similar group that were lectured face-to-face. Results showed that students viewed the tele taught lectures as lacking in learner–instructor interactions however the performance differences were not significant. Journal: Accounting Forum Pages: 207-217 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2004.10.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.10.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:207-217 Template-Type: ReDIF-Article 1.0 Author-Name: Akwasi A. Ampofo Author-X-Name-First: Akwasi A. Author-X-Name-Last: Ampofo Author-Name: Robert J. Sellani Author-X-Name-First: Robert J. Author-X-Name-Last: Sellani Title: Examining the differences between United States Generally Accepted Accounting Principles (U.S. GAAP) and International Accounting Standards (IAS): implications for the harmonization of accounting standards Abstract: Current trends indicate continued movement towards the harmonization of accounting standards, but not without difficulty and concern. At times, the political and financial market pressure, push the movement in opposite directions. The paper discusses the conceptual framework used in establishing Global Generally Accepted Accounting Principles (GAAP) (International Accounting Standards, IAS) and U.S. GAAP. Numerous transactional examples are illustrated under both Global GAAP and U.S. GAAP treatment. Several country specific references are presented demonstrating the difficulty in achieving harmonization. Implications for harmonization of accounting standards include arguments “for” and “against” Global GAAP. Journal: Accounting Forum Pages: 219-231 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2004.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:219-231 Template-Type: ReDIF-Article 1.0 Author-Name: Simon S. Gao Author-X-Name-First: Simon S. Author-X-Name-Last: Gao Author-Name: Saeed Heravi Author-X-Name-First: Saeed Author-X-Name-Last: Heravi Author-Name: Jason Zezheng Xiao Author-X-Name-First: Jason Zezheng Author-X-Name-Last: Xiao Title: Determinants of corporate social and environmental reporting in Hong Kong: a research note Abstract: The patterns and determinants of corporate social and environmental disclosure (CSED) in Hong Kong (HK) are examined by analysing 154 annual reports of 33 HK listed companies from 1993 to 1997. The research finds that industry difference has an impact on the amount, content theme and location of CSED. There is a positive correlation between company size and the level of CSED. Utility companies disclose more CSED than property and banking firms. Journal: Accounting Forum Pages: 233-242 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/j.accfor.2005.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:233-242 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC: editorial board Journal: Accounting Forum Pages: 1-1 Issue: 2 Volume: 29 Year: 2005 Month: 6 X-DOI: 10.1016/S0155-9982(05)00013-X File-URL: http://hdl.handle.net/10.1016/S0155-9982(05)00013-X File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:2:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Nicholas L. Pawsey Author-X-Name-First: Nicholas L. Author-X-Name-Last: Pawsey Title: IFRS adoption: A costly change that keeps on costing Abstract: This paper documents the results of a study exploring the transitionary and ongoing costs incurred by Australian companies from their use of IFRS. A longitudinal survey approach was adopted. Challenging the underlying logic of convergence, survey results highlighted that IFRS is costly for firms both in the lead up to adoption and thereafter. Specifically, the transition to IFRS imposed significant AIS, staff training and development, financial statement user education, and financial statement adjustment costs on many firms. Furthermore, many firms perceived that IFRS adoption has resulted in an ongoing increase of 20% or more on annual accounting and compliance costs. Journal: Accounting Forum Pages: 116-131 Issue: 2 Volume: 41 Year: 2017 Month: 6 X-DOI: 10.1016/j.accfor.2017.02.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.02.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:2:p:116-131 Template-Type: ReDIF-Article 1.0 Author-Name: Catriona Paisey Author-X-Name-First: Catriona Author-X-Name-Last: Paisey Author-Name: Nicholas J. Paisey Author-X-Name-First: Nicholas J. Author-X-Name-Last: Paisey Title: The decline of the professionally-qualified accounting academic: Recruitment into the accounting academic community Abstract: The profile of the accounting academic has changed in recent years. The earliest academics were often recruited from the accountancy profession. Now the typical accounting academic recruit has a profile similar to the rest of the university, with the PhD being the qualification of choice. The reasons for this trend are examined using a cultural and institutional logics framework. The recruitment context and the institutional changes impacting on recruitment in accounting in academia are explored through the views of heads of department who have knowledge of both their institution’s recruitment policies and of the requirements of their discipline. As the research assessment process appears to be a driver of changing recruitment patterns, recruitment is considered in contrasting contexts: Scotland, where periodic research assessment takes place in both old and new universities, and the Republic of Ireland which does not have such a process. Despite differences in the views expressed by heads in these different contexts and differences in their research environments, the trend in all sectors is towards the recruitment (Scotland) or development (Republic of Ireland) of PhD holders rather than professionally qualified staff. The consequences for the nature of the discipline are discussed. Journal: Accounting Forum Pages: 57-76 Issue: 2 Volume: 41 Year: 2017 Month: 6 X-DOI: 10.1016/j.accfor.2017.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:2:p:57-76 Template-Type: ReDIF-Article 1.0 Author-Name: Pawan Adhikari Author-X-Name-First: Pawan Author-X-Name-Last: Adhikari Author-Name: Kelum Jayasinghe Author-X-Name-First: Kelum Author-X-Name-Last: Jayasinghe Title: ‘Agents-in-focus’ and ‘Agents-in-context’: The strong structuration analysis of central government accounting practices and reforms in Nepal Abstract: Drawing on Stones’ (2005) strong structuration theory, the paper unfolds why and how the key stakeholders of central government accounting in Nepal are involved in the reproduction of routinised accounting practices, resisting the externally-propagated changes. Government accountants (the agents-in-focus) through their capability to control the budget routines have enjoyed a powerful social position in their position–practice relations with the agents-in-context, i.e. professional accountants and international consultants, higher-level officers and administrators, auditors, and politicians. Social position along with historically-imbued dispositions and their conduct and context analysis have enabled government accountants to strategically exercise their agency. Government accountants have articulated duality and a dialectic relation with the agents-in-context, which have resulted in the reproduction of everyday accounting practice and the resistance to the World Bank-led reforms, such as accrual accounting and, more recently, the Cash-Basis IPSAS. Journal: Accounting Forum Pages: 96-115 Issue: 2 Volume: 41 Year: 2017 Month: 6 X-DOI: 10.1016/j.accfor.2017.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:2:p:96-115 Template-Type: ReDIF-Article 1.0 Author-Name: Michael Opara Author-X-Name-First: Michael Author-X-Name-Last: Opara Author-Name: Fathi Elloumi Author-X-Name-First: Fathi Author-X-Name-Last: Elloumi Author-Name: Oliver Okafor Author-X-Name-First: Oliver Author-X-Name-Last: Okafor Author-Name: Hussein Warsame Author-X-Name-First: Hussein Author-X-Name-Last: Warsame Title: Effects of the institutional environment on public-private partnership (P3) projects: Evidence from Canada Abstract: The purpose of this paper is to understand the effects of the institutional environment on project outcomes in order to contribute to the accumulating accounting literature on P3s. Based on an empirical study of Alberta’s institutional environment, using Edmonton’s Anthony Henday Highway P3 projects, we analyze how the: a) political environment enables or disenables P3 outcomes; b) policy/business environment impacts project development and implementation; and c) organizational capacity affects P3 outcomes and vice versa. Journal: Accounting Forum Pages: 77-95 Issue: 2 Volume: 41 Year: 2017 Month: 6 X-DOI: 10.1016/j.accfor.2017.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:2:p:77-95 Template-Type: ReDIF-Article 1.0 Author-Name: Alexandra Fontes Author-X-Name-First: Alexandra Author-X-Name-Last: Fontes Author-Name: Lúcia Lima Rodrigues Author-X-Name-First: Lúcia Lima Author-X-Name-Last: Rodrigues Author-Name: Russell Craig Author-X-Name-First: Russell Author-X-Name-Last: Craig Title: A response to commentaries on a theoretical model of stakeholder perceptions of a new financial reporting system Abstract: This is a response to questions raised by Kuruppu and Lehman (2016) and Thomson (2016) on Fontes, Rodrigues and Craig’s (2016) model of Stakeholder Perceptions of a New Financial Reporting System. We clarify some matters that arise from the commentators’ concerns about the intended contribution of the model, and its conceptual foundations. We also respond to concerns raised about the need to adopt a holistic and contextualized approach; provide further insights to the complex and dynamic nature of stakeholder perceptions and their formation; and elaborate on methodological assumptions underpinning the model. We argue that interpretative-based research offers an appropriate and challenging way to further improve and extend the model. We encourage researchers to adopt critical and interpretive-based methods to foster a reflective debate that will lead to improvements in the Stakeholder Perceptions model. Journal: Accounting Forum Pages: 132-137 Issue: 2 Volume: 41 Year: 2017 Month: 6 X-DOI: 10.1016/j.accfor.2017.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:2:p:132-137 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 41 Year: 2017 Month: 6 X-DOI: 10.1016/S0155-9982(17)30095-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(17)30095-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Bill Lee Author-X-Name-First: Bill Author-X-Name-Last: Lee Author-Name: Catherine Cassell Author-X-Name-First: Catherine Author-X-Name-Last: Cassell Title: Employee and social reporting as a war of position and the union learning representative initiative in the UK Abstract: In the employee reporting and social and environmental accounting and reporting fields, disputes are commonplace between academics who advocate improvements to reporting as a means of making those who control capital more accountable within capitalism and Marxist writers who see such improvements as possible obstacles to a change to an alternative society. Gramsci's war of position concept, which allows the interpretation of progressive change as valuable per se and as having the potential to create the conditions for advancement to an alternative economy, is proposed as a means of resolving these differences. This argument is illustrated by reference to the UK's trade union learning representative initiative. Journal: Accounting Forum Pages: 276-287 Issue: 4 Volume: 32 Year: 2008 Month: 12 X-DOI: 10.1016/j.accfor.2008.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:4:p:276-287 Template-Type: ReDIF-Article 1.0 Author-Name: Carol A. Adams Author-X-Name-First: Carol A. Author-X-Name-Last: Adams Author-Name: Geoffrey R. Frost Author-X-Name-First: Geoffrey R. Author-X-Name-Last: Frost Title: Integrating sustainability reporting into management practices Abstract: This paper examines the process of developing key performance indicators (KPIs) for measuring sustainability performance and the way in which sustainability KPIs are used in decision-making, planning and performance management. Interviews were conducted with personnel from four British and three Australian companies. The findings indicate that the organisations are integrating environmental indicators, and increasingly also social indicators, into strategic planning, performance measurement and decision-making including risk management. However, the sustainability issues on which our sample focus and the management operations on which they impact vary considerably. This has implications for the development of practice, voluntary guidelines and legislation. Journal: Accounting Forum Pages: 288-302 Issue: 4 Volume: 32 Year: 2008 Month: 12 X-DOI: 10.1016/j.accfor.2008.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:4:p:288-302 Template-Type: ReDIF-Article 1.0 Author-Name: Roy A. Chandler Author-X-Name-First: Roy A. Author-X-Name-Last: Chandler Author-Name: Nadine Fry Author-X-Name-First: Nadine Author-X-Name-Last: Fry Title: Regulating a reluctant profession: Holding solicitors to account Abstract: Solicitors are often placed in a position of trust where they hold money on behalf of their clients. Instances of the misuse of clients’ money have been a recurring feature in the history of the legal profession in England and Wales. Yet the legal establishment was slow to impose the same standards of accountability on its members which had long been expected of other members of society and continued to prevaricate many years after the need for financial regulations had been demonstrated through a series of scandals. This paper provides a detailed review of the evolution of basic accounting regulations governing the legal profession. Journal: Accounting Forum Pages: 303-312 Issue: 4 Volume: 32 Year: 2008 Month: 12 X-DOI: 10.1016/j.accfor.2008.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:4:p:303-312 Template-Type: ReDIF-Article 1.0 Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Edward Lee Author-X-Name-First: Edward Author-X-Name-Last: Lee Author-Name: Nick Tsitsianis Author-X-Name-First: Nick Author-X-Name-Last: Tsitsianis Title: Financialization directing strategy Abstract: This paper constructs an account of how financialization is directing strategy in the S&P 500 now that senior managers are required to both deliver value creation and respond to value absorption in an era of shareholder value. Value absorption arises out of the need to account for the market value of capital market transactions and this modifies reported corporate financials. Value creation and value absorption are directing strategy and financial arbitrage across product, factor and capital markets and between stakeholder groups as managers struggle to hold cash extraction out of sales revenue and maintain an increased share of cash distribution to shareholders. Journal: Accounting Forum Pages: 261-275 Issue: 4 Volume: 32 Year: 2008 Month: 12 X-DOI: 10.1016/j.accfor.2008.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:4:p:261-275 Template-Type: ReDIF-Article 1.0 Author-Name: Michele Chwastiak Author-X-Name-First: Michele Author-X-Name-Last: Chwastiak Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Accounting for war Abstract: This paper examines the ways in which accounting has helped to rationalize and normalize violence and how this has contributed to the acceleration and expansion of war. It is argued that accounting is a product of the “social imaginary” of modernity which projects a brutal attitude towards others by instrumentalizing relationships. Accounting’s reliance on instrumental rationality and economic efficiency provides the ideological justification for destroying the environment and others. Accounting’s role in perpetrating war and warlike behaviors is demonstrated in relation to our war with the environment, the expansionistic logic of capitalism, dehumanization and distance, globalization, the silent war of economic sanctions and the extent to which war is good for business. Journal: Accounting Forum Pages: 313-326 Issue: 4 Volume: 32 Year: 2008 Month: 12 X-DOI: 10.1016/j.accfor.2008.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2008.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:4:p:313-326 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 4 Volume: 32 Year: 2008 Month: 12 X-DOI: 10.1016/S0155-9982(08)00057-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(08)00057-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:32:y:2008:i:4:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Emiliano Ruiz-Barbadillo Author-X-Name-First: Emiliano Author-X-Name-Last: Ruiz-Barbadillo Author-Name: Nieves Gómez-Aguilar Author-X-Name-First: Nieves Author-X-Name-Last: Gómez-Aguilar Author-Name: Estibaliz Biedma-López Author-X-Name-First: Estibaliz Author-X-Name-Last: Biedma-López Title: Long-term audit engagements and opinion shopping: Spanish evidence Abstract: Auditor tenure is an issue that has attracted considerable attention recently. This interest has focused mainly on determining whether long-term audit contracts improve the quality of the service. So far, research has failed to provide a definite answer to this question. In the face of this lack of consensus, we wish to analyze the relationship between the length of the audit contract and auditor independence. Specifically, using a model that includes control variables as proxies for the auditor’s economic incentives, we analyze whether long-term audit contracts increase the possibility of a company’s engaging in opinion shopping. We develop an opinion shopping model, together with univariate and logistic regression models. Our results show that the longer the audit engagement, the lower the probability of opinion shopping. The implications for mandatory auditor rotation regulation are also discussed. Journal: Accounting Forum Pages: 61-79 Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/j.accfor.2005.03.007 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.03.007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:61-79 Template-Type: ReDIF-Article 1.0 Author-Name: Don Herrmann Author-X-Name-First: Don Author-X-Name-Last: Herrmann Author-Name: Shahrokh M. Saudagaran Author-X-Name-First: Shahrokh M. Author-X-Name-Last: Saudagaran Author-Name: Wayne B. Thomas Author-X-Name-First: Wayne B. Author-X-Name-Last: Thomas Title: The quality of fair value measures for property, plant, and equipment Abstract: Based on Statement of Financial Accounting Concepts (SFAC) No. 2, this paper argues for fair value measures of property, plant, and equipment and challenges the primary arguments in support of maintaining the current status quo in the United States—strict historical costs for all property, plant, and equipment unless the asset is impaired. We first provide a summary of the valuation of property, plant, and equipment internationally noting that revaluations to fair value are an acceptable practice under international and many national accounting standards. We also provide a brief historical perspective of accounting in the United States where prior to 1940 the upward valuation of property, plant, and equipment was an acceptable accounting alternative. We then evaluate fair value versus historical cost measures for property, plant, and equipment based on the qualitative characteristics of accounting information in SFAC No. 2. We argue that fair value measures for property, plant, and equipment are superior to historical cost based on the characteristics of predictive value, feedback value, timeliness, neutrality, representational faithfulness, comparability, and consistency. Verifiability appears to be the sole qualitative characteristic favoring historical cost over fair value. Finally, we address key measurement concepts for property, plant, and equipment. The United States could learn from the practices already established in other countries and in International Financial Reporting Standards by reconsidering fair value measures for property, plant, and equipment. Journal: Accounting Forum Pages: 43-59 Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/j.accfor.2005.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:43-59 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Financial reporting and business communication tenth annual conference at Cardiff business school 6 and 7 July 2006 Journal: Accounting Forum Pages: 83-83 Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/j.accfor.2005.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:83-83 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: CALL FOR PAPERS: ACCOUNTING FORUM Journal: Accounting Forum Pages: 81-82 Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/j.accfor.2005.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:81-82 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Accounting Forum Special issue and call for papers Journal: Accounting Forum Pages: 84-84 Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/j.accfor.2005.11.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.11.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:84-84 Template-Type: ReDIF-Article 1.0 Author-Name: Dean Neu Author-X-Name-First: Dean Author-X-Name-Last: Neu Author-Name: Elizabeth Ocampo Gomez Author-X-Name-First: Elizabeth Ocampo Author-X-Name-Last: Gomez Title: The ethics of World Bank lending Abstract: Little attention has been given to the role of supranational organizations such as the World Bank in encouraging social responsibility. The current study examines the linkage among the social responsibility visions of the World Bank, the social responsibility requirements that are contained within Bank lending agreements, and what happens when these requirements are implemented. The analysis highlights not only the ways in which Bank practices facilitate social responsibility but also the ambiguities and tensions associated with these practices. Journal: Accounting Forum Pages: 1-19 Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/j.accfor.2005.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:1-19 Template-Type: ReDIF-Article 1.0 Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: Edward Lee Author-X-Name-First: Edward Author-X-Name-Last: Lee Title: Financialized accounts: Restructuring and return on capital employed in the S&P 500 Abstract: A central feature of financialization is the argument that the relative autonomy of management has been realigned with the interests of shareholders and their demand for higher returns on capital employed (ROCE). This paper reveals that average ROCE in the S&P 500 has not been transformed in the 1990s, relative to an earlier period, even after extensive corporate restructuring. Deconstructing S&P 500 ROCE reveals how additional cash and profit generated out of income are offset by inflated balance sheet capitalization putting a brake on the ROCE. In the US business combinations are now accounted for at their market value and this, we argue, is forcing a financialized ratchet because management will need to step-up cost reduction to finance balance sheet restructuring. Corporate cash is being used to finance share buy-backs which: facilitate balance sheet restructuring, improve reported ROCE and provide a pool of treasury stock that can be used to reward managers who deliver shareholder value. This paper concludes that the nature and relative scale of these financial transactions can be employed to construct financialized accounts. Journal: Accounting Forum Pages: 21-41 Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/j.accfor.2006.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:21-41 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 30 Year: 2006 Month: 3 X-DOI: 10.1016/S0155-9982(06)00005-6 File-URL: http://hdl.handle.net/10.1016/S0155-9982(06)00005-6 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Istemi Demirag Author-X-Name-First: Istemi Author-X-Name-Last: Demirag Title: Regulatory regime change in Turkish banks: Reactive or proactive? Abstract: This paper examines the positive contributions made toward restructuring the regulatory framework of Turkey's banking and financial sectors prior to and post the 2000–2001 financial crisis. Drawing on a framework initially developed by Onis and Senses (2007, 2009) and further referred to by Onis (2009, 2010) it argues that financial reforms undertaken by the Turkish government would not have been successful without the strong support of domestic coalitions. While the external pressures put on the Turkish government from the International Monetary Fund, The World Bank and the European Union for financial reforms were necessary to kick start the reforms as a reactive process, these pressures on their own may have served only the interests of financial business elites at the expense of the broader stakeholders. Empirical data for the study was collected from documentary analysis of key financial institutions and interviews with twenty major Turkish regulatory agents and other stakeholders. The paper then discusses how the perceptions of these stakeholders are embodied into, and have influenced, regulatory regime change in Turkey from a reactive state to a more proactive one. Journal: Accounting Forum Pages: 62-80 Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/j.accfor.2011.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:62-80 Template-Type: ReDIF-Article 1.0 Author-Name: Rosie Boxer Author-X-Name-First: Rosie Author-X-Name-Last: Boxer Author-Name: Aidan Berry Author-X-Name-First: Aidan Author-X-Name-Last: Berry Author-Name: Lew Perren Author-X-Name-First: Lew Author-X-Name-Last: Perren Title: Differing perceptions of non-executive directors’ roles in UK SMEs: Governance conundrum or cultural anomaly? Abstract: This paper presents a new model for the development of trust in the working relationships between managing director (MD) and non-executive director (NED) dyads in UK small- and medium-sized enterprises (SMEs). It proposes a NED role trust typology of NED tells, NED advises and NED acts. This typology is influenced by the literature on trust development in working relationships within corporate governance and in small business contexts. When UK SME NED role practice is mapped against this new model, different patterns of NED role trust emerge for MDs and NEDs. The MDs perceive a role biased towards NED advises, whereas the NEDs perceive a role that is balanced between NED tells and NED advises. This dual role was described by one NED respondent as being ‘schizophrenic’. This paper presents and discusses these findings and the implications for the wider corporate governance debate on NEDs, with particular reference to the recent UK banking crisis. The new model presents a possible explanation for governance failure attributed to the NEDs’ behavior and recommends that further research investigate whether the CEOs and the MDs that also act as NEDs on other boards exhibit these different patterns of NED role trust. Do they exhibit another form of schizophrenia or are they chameleons, that is, able to switch between different patterns of NED role trust with ease? Or are they just NED role impersonators, analogous to a contestant on Stars in Their Eyes? “Tonight Matthew I’m going to be … a non-executive director!” Journal: Accounting Forum Pages: 38-50 Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/j.accfor.2011.11.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.11.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:38-50 Template-Type: ReDIF-Article 1.0 Author-Name: Claus Holm Author-X-Name-First: Claus Author-X-Name-Last: Holm Author-Name: Mahbub Zaman Author-X-Name-First: Mahbub Author-X-Name-Last: Zaman Title: Regulating audit quality: Restoring trust and legitimacy Abstract: The global financial crisis, corporate failures and scandals in many countries raise significant questions audit quality. In the UK, the FRC took the unprecedented step of codifying audit quality in its ‘Audit Quality Framework’. We analyze the extent to which audit firms, professional bodies, and investors considered the FRC proposals sufficient for addressing concerns about audit quality. Using impression management and legitimacy as a framework to analyze stakeholder responses we go beyond audit quality drivers identified by the FRC. In contrast to the drivers identified by the FRC, our focus on transparency, expertise, professionalism and commercialization of the audit shows that FRC, audit firms and professional bodies have mainly focused on issues which possibly do not pose a threat to the commercial interest of audit firms. Overall, our analysis shows that regulatory and professional bodies engaged in image management and the promotion of audit quality in an attempt to remedy tarnished image and augment their legitimacy and standing. In attempting to restore trust and legitimacy regulatory bodies, such as the FRC, have to reconcile complex often contradictory stakeholder demands. Journal: Accounting Forum Pages: 51-61 Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/j.accfor.2011.11.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2011.11.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:51-61 Template-Type: ReDIF-Article 1.0 Author-Name: Edward Lee Author-X-Name-First: Edward Author-X-Name-Last: Lee Author-Name: Ya Ping Yin Author-X-Name-First: Ya Ping Author-X-Name-Last: Yin Title: Off-shoring and out-sourcing for shareholder value: Promise versus reality Abstract: Corporate restructuring through off-shoring and out-sourcing is widely regarded as necessary for transforming cost structure and return on capital, particularly in situations of severe price erosion in globally competitive markets. This paper constructs an accounting framework to assess the extent to which out-sourcing and off-shoring have transformed US corporate financials. The contention in this paper is that off-shoring and out-sourcing may be necessary to maintain price competitiveness but we would add a health warning that these responses may not be sufficient to transform return on capital or shareholder value for wealth accumulation. Journal: Accounting Forum Pages: 18-26 Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/j.accfor.2012.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:18-26 Template-Type: ReDIF-Article 1.0 Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Title: The private equity business model: On terra firma or shifting sands? Abstract: This paper reveals how the financial crisis undermined the performance of Private Equity Partnerships (PEPs). The private equity business model depends upon leveraged finance coupled with corporate transformation from market arbitrage that, in turn, delivers inflated market valuations and exit multiples. Private equity partnerships conjoin corporate productive and financial activity with speculative capital market demands where liquidity, risk appetite and market value appreciation matter. It is a business model where productive transformation of acquired firm's is often disappointing because leverage inflates balance sheet capitalization ahead of cash earnings capacity. It is also a volatile business model because capital market valuations and fair value reporting amplify holding gains and losses for limited equity partners. It is a business model constructed on shifting sands not terra firma. Journal: Accounting Forum Pages: 27-37 Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/j.accfor.2012.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:27-37 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Title: Transformation and reform after the financial crisis Journal: Accounting Forum Pages: 1-4 Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/j.accfor.2012.01.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.01.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:1-4 Template-Type: ReDIF-Article 1.0 Author-Name: Ismail Erturk Author-X-Name-First: Ismail Author-X-Name-Last: Erturk Author-Name: Julie Froud Author-X-Name-First: Julie Author-X-Name-Last: Froud Author-Name: Sukhdev Johal Author-X-Name-First: Sukhdev Author-X-Name-Last: Johal Author-Name: Adam Leaver Author-X-Name-First: Adam Author-X-Name-Last: Leaver Author-Name: Karel Williams Author-X-Name-First: Karel Author-X-Name-Last: Williams Title: Accounting for national success and failure: Rethinking the UK case Abstract: This article presents some basic political arithmetic on UK economic performance, including empirics on the sources of new job creation and regional differences. These empirics support an argument about the need for new measures and concepts of national success and failure. This is so because, as we show in the UK case, the standard post 1940 economic measures of GDP and unemployment give a seriously misleading picture of national success. This is an opportunity for accountants to join with others in devising new measures and concepts. Journal: Accounting Forum Pages: 5-17 Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/j.accfor.2012.01.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.01.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:5-17 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 36 Year: 2012 Month: 3 X-DOI: 10.1016/S0155-9982(12)00007-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(12)00007-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:36:y:2012:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Warren Maroun Author-X-Name-First: Warren Author-X-Name-Last: Maroun Title: Reportable irregularities and audit quality: Insights from South Africa Abstract: •The research provides one of the first interpretive accounts of auditing in an African setting.•The association between audit quality and a duty to report irregularities to an independent regulatory body is explored.•The reporting duty contributes to the perceived auditor independence.•It also emphasises the importance of engagement leader participation and sound consultation and review policies.•Issuing more than a generic audit report can add significantly to the perceived value of the assurance function.In the aftermath of numerous corporate scandals and, more recently, the global financial crisis, the issue of audit quality is particularly relevant. Increasingly, numerous jurisdictions are relying on more exogenous forms of control over the audit profession in the interest of improving the quality of audit engagements and the reliability of audit reports. The purpose of this research is to examine the case for a form of mandatory whistle-blowing by South African auditors. Using an interpretive approach, this paper explores the association between a complementary reporting duty and notions of audit quality, recommending that a requirement for auditors to bring certain transgressions to the attention of an appropriate regulator can be a consideration for policy makers. At the same time, the research adds to the existing corporate governance literature by providing one of the first interpretive accounts of audit quality and reporting in a non Anglo-Saxon setting. Journal: Accounting Forum Pages: 21-33 Issue: 1 Volume: 39 Year: 2015 Month: 3 X-DOI: 10.1016/j.accfor.2014.03.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.03.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:1:p:21-33 Template-Type: ReDIF-Article 1.0 Author-Name: Andrew Bowman Author-X-Name-First: Andrew Author-X-Name-Last: Bowman Title: An illusion of success: The consequences of British rail privatisation Abstract: •The article challenges narratives of the success of UK rail privatisation using accounting data from Network Rail and private train operating companies.•Large government subsidies channelled through Network Rail have radically changed the appearance of railway finances.•Lower track access charges levied by Network Rail have artificially inflated train operator profits, generating returns for the taxpayer and the illusion of financial self-sufficiency.•This accounting fix has bolstered claims that rail privatisation has been a financial success.This article accounts for the British experiment with rail privatisation and how it has worked out economically and politically. The focus is not simply on profitability and public subsidy, but on the appearances which accounting arrangements create. The article scrutinises the Network Rail subsidy regime, which enables train operators to achieve fictitious profitability without increased direct state support. This enables supporters of privatisation to claim train operators produce a net gain for the British taxpayer. The claim forms the heart of a trade narrative which is employed by the industry and their political backers to deflect criticism and stymy reform. Journal: Accounting Forum Pages: 51-63 Issue: 1 Volume: 39 Year: 2015 Month: 3 X-DOI: 10.1016/j.accfor.2014.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:1:p:51-63 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: The corrosive effects of neoliberalism on the UK financial crises and auditing practices: A dead-end for reforms Abstract: The UK's financial sector has been the subject of frauds and crisis during every decade since the 1970s. The crisis has been fuelled by neoliberal ideologies which emphasise light-touch regulation, individualisation, excessive faith in markets and pursuit of private profits, with little regard for social consequences. Auditors are expected to flag matters of concern to shareholders and regulators, but that did not happen in the events leading to the 2007–2008 banking crash or any of the other headline scandals. Despite the failures, banking and auditing reforms continue to be grounded in neoliberal ideology and are unlikely to address the crisis. Journal: Accounting Forum Pages: 1-18 Issue: 1 Volume: 39 Year: 2015 Month: 3 X-DOI: 10.1016/j.accfor.2014.10.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.10.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:1:p:1-18 Template-Type: ReDIF-Article 1.0 Author-Name: Lars Braad Nielsen Author-X-Name-First: Lars Braad Author-X-Name-Last: Nielsen Author-Name: Falconer Mitchell Author-X-Name-First: Falconer Author-X-Name-Last: Mitchell Author-Name: Hanne Nørreklit Author-X-Name-First: Hanne Author-X-Name-Last: Nørreklit Title: Management accounting and decision making: Two case studies of outsourcing Abstract: •The Management Accounting and Decision Making: Two Case Studies explore the production and use of accounting information in complex and strategic significant decision settings.•We draw on two case companies that make outsourcing decisions based on accounting calculations.•Two methods for outsourcing decision-making are uncovered: an analytical and an actor-based.•The two methods have substantially different ways of managing information uncertainty, of fostering interaction among the coalition of decision-participants and of making use of management accounting.•The findings reveal that management accounting can be produced and used in relation to complex and strategic decision situations.Studying the outsourcing decision in two substantial manufacturing companies, the paper explores the use of management accounting information in a complex and strategically significant decision-making setting. The setting involves multiple decision participants with potentially conflicting preferences, constrained information provision capabilities and uncertainties in respect of the financial outcomes of alternative decision options. The two case studies reveal two different methodological approaches to decision-making: analytical and actor-based. These approaches incorporate substantially different ways of managing information uncertainty, fostering interaction among the coalition of decision-participants and making use of management accounting. The findings show that management accounting information and techniques do play an important role in relation to organisationally complex and strategic decision situations. The revealed methods provide potentially educational examples from which other organisations can learn. The findings address the simplistic nature of the conventional management accounting literature on decision-making (e.g. outsourcing and “make or buy”). Journal: Accounting Forum Pages: 66-82 Issue: 1 Volume: 39 Year: 2015 Month: 3 X-DOI: 10.1016/j.accfor.2014.10.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.10.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:1:p:66-82 Template-Type: ReDIF-Article 1.0 Author-Name: Chinyere O. Uche Author-X-Name-First: Chinyere O. Author-X-Name-Last: Uche Author-Name: Jill F. Atkins Author-X-Name-First: Jill F. Author-X-Name-Last: Atkins Title: Accounting for rituals and ritualization: The case of shareholders’ associations Abstract: This paper uses ritual theory to examine the participation of shareholders’ associations in rituals and ritualization within social spaces. We focus on how the interconnectedness between private rituals (private investor meetings) and public rituals (AGMs and courts) produce psychological and functional benefits for shareholders’ associations. We explore the strategic acts used by shareholders’ associations in ritualization. Our study reveals that the participation of shareholders’ associations in each ritual plays a significant role in reducing conflict and maintaining harmony. Regarding ritualization, our study shows that some shareholders’ associations use a form of gamesmanship to gain strategic advantage in audit committee nominations at AGMs. Journal: Accounting Forum Pages: 34-50 Issue: 1 Volume: 39 Year: 2015 Month: 3 X-DOI: 10.1016/j.accfor.2014.10.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.10.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:1:p:34-50 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 1 Volume: 39 Year: 2015 Month: 3 X-DOI: 10.1016/S0155-9982(15)00005-8 File-URL: http://hdl.handle.net/10.1016/S0155-9982(15)00005-8 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:39:y:2015:i:1:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: John Dumay Author-X-Name-First: John Author-X-Name-Last: Dumay Author-Name: Cristiana Bernardi Author-X-Name-First: Cristiana Author-X-Name-Last: Bernardi Author-Name: James Guthrie Author-X-Name-First: James Author-X-Name-Last: Guthrie Author-Name: Paola Demartini Author-X-Name-First: Paola Author-X-Name-Last: Demartini Title: Integrated reporting: A structured literature review Abstract: This paper reviews the field of integrated reporting () to develop insights into how research is developing, offer a critique of the research to date, and outline future research opportunities. We find that most published research presents normative arguments for and there is little research examining practice. Thus, we call for more research that critiques ’s rhetoric and practice. To frame future research we refer to parallels from intellectual capital research that identifies four distinct research stages to outline how research might emerge. Thus, this paper offers an insightful critique into an emerging accounting practice. Journal: Accounting Forum Pages: 166-185 Issue: 3 Volume: 40 Year: 2016 Month: 9 X-DOI: 10.1016/j.accfor.2016.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:3:p:166-185 Template-Type: ReDIF-Article 1.0 Author-Name: Clelia Fiondella Author-X-Name-First: Clelia Author-X-Name-Last: Fiondella Author-Name: Riccardo Macchioni Author-X-Name-First: Riccardo Author-X-Name-Last: Macchioni Author-Name: Marco Maffei Author-X-Name-First: Marco Author-X-Name-Last: Maffei Author-Name: Rosanna Spanò Author-X-Name-First: Rosanna Author-X-Name-Last: Spanò Title: Successful changes in management accounting systems: A healthcare case study Abstract: This paper explores how a change in the management accounting systems (MAS) of healthcare organisations was implemented in a manner acceptable to those involved. The study employed a longitudinal case study of a university hospital in southern Italy, and was informed by Broadbent and Laughlin's Middle Range Theory (MRT). The findings revealed that the change in the MAS was successful due to the involvement of professionals in the ongoing process of change. This involvement reduced their natural tendency to resist, and increased the commitment of the various groups of professionals to the new business culture. Journal: Accounting Forum Pages: 186-204 Issue: 3 Volume: 40 Year: 2016 Month: 9 X-DOI: 10.1016/j.accfor.2016.05.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.05.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:3:p:186-204 Template-Type: ReDIF-Article 1.0 Author-Name: Rachel N. Birkey Author-X-Name-First: Rachel N. Author-X-Name-Last: Birkey Author-Name: Giovanna Michelon Author-X-Name-First: Giovanna Author-X-Name-Last: Michelon Author-Name: Dennis M. Patten Author-X-Name-First: Dennis M. Author-X-Name-Last: Patten Author-Name: Jomo Sankara Author-X-Name-First: Jomo Author-X-Name-Last: Sankara Title: Does assurance on CSR reporting enhance environmental reputation? An examination in the U.S. context Journal: Accounting Forum Pages: 143-152 Issue: 3 Volume: 40 Year: 2016 Month: 9 X-DOI: 10.1016/j.accfor.2016.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:3:p:143-152 Template-Type: ReDIF-Article 1.0 Author-Name: Yuri Biondi Author-X-Name-First: Yuri Author-X-Name-Last: Biondi Title: Accounting representations of public debt and deficits in European central government accounts: An exploration of anomalies and contradictions Abstract: This article provides a theoretical view on European general government accounting, focusing on overarching accounting principles and models, as well as their consequences on the working and the very existence of public service activity. Our analysis applies to illustrative cases concerning: meaning of public deficit on accruals basis with a view to nature and use of public debt for redistributive purpose; the strange case of taxation on public sector employees’ remunerations and benefits; accounting for employees benefits provisioning; and measurement of public debt and deficit following European Union fiscal supervision of Member States, with specific attention to the Excessive Debt Procedure (EDP). This analysis develops a framework to assess the consistency of accounting models with non-lucrative missions of general interest that belong to public administration. It shows how budgetary accounting does (and should) complement accruals-based accounting in public sector accounting systems, asking to embed public sector accountability in a public service institutional order that is specific to public administration. Journal: Accounting Forum Pages: 205-219 Issue: 3 Volume: 40 Year: 2016 Month: 9 X-DOI: 10.1016/j.accfor.2016.05.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.05.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:3:p:205-219 Template-Type: ReDIF-Article 1.0 Author-Name: Lesley Catchpowle Author-X-Name-First: Lesley Author-X-Name-Last: Catchpowle Author-Name: Stewart Smyth Author-X-Name-First: Stewart Author-X-Name-Last: Smyth Title: Accounting and social movements: An exploration of critical accounting praxis Abstract: A central tenet of critical accounting research maintains the need to challenge and change existing social relations; moving towards a more emancipated and equitable social order. The question of how critical accounting research upholds this principle has been intermittently discussed. This paper aims to engage with, and further, this discussion by contributing to research linking accounting information to social movements. Journal: Accounting Forum Pages: 220-234 Issue: 3 Volume: 40 Year: 2016 Month: 9 X-DOI: 10.1016/j.accfor.2016.05.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.05.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:3:p:220-234 Template-Type: ReDIF-Article 1.0 Author-Name: Josette Caruana Author-X-Name-First: Josette Author-X-Name-Last: Caruana Title: Shades of governmental financial reporting with a national accounting twist Abstract: Malta is an example of an EU member state that is implementing governmental accounting reform in anticipation of the EU requirements. The proposed outcome from the new accounting system is examined and compared with the government reporting of another EU member state that has an established accrual accounting system, namely, the UK. Journal: Accounting Forum Pages: 153-165 Issue: 3 Volume: 40 Year: 2016 Month: 9 X-DOI: 10.1016/j.accfor.2016.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:3:p:153-165 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 40 Year: 2016 Month: 9 X-DOI: 10.1016/S0155-9982(16)30156-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(16)30156-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Geoff Lamberton Author-X-Name-First: Geoff Author-X-Name-Last: Lamberton Title: Sustainability accounting—a brief history and conceptual framework Abstract: Research linking accounting to the emerging concept of sustainability surfaced in the early 1990s and has received continuing attention in academic and professional accounting literature. This paper tracks this brief history through to the release of the Sustainability Reporting Guidelines at the World Summit on Sustainable Development in August 2002, consolidating the various approaches into a sustainability accounting framework. The result is a comprehensive reporting model that presents an enormous challenge to business organisations, requiring a significant commitment of resources to achieve widespread implementation. Failure to meet this challenge enables business organisations to continue to avoid accountability for their continuing unsustainability. The paper concludes with a personal view as to how implementation of the sustainability accounting framework could proceed. Journal: Accounting Forum Pages: 7-26 Issue: 1 Volume: 29 Year: 2005 Month: 3 X-DOI: 10.1016/j.accfor.2004.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:1:p:7-26 Template-Type: ReDIF-Article 1.0 Author-Name: Jesse Dillard Author-X-Name-First: Jesse Author-X-Name-Last: Dillard Author-Name: Darrell Brown Author-X-Name-First: Darrell Author-X-Name-Last: Brown Author-Name: R. Scott Marshall Author-X-Name-First: R. Scott Author-X-Name-Last: Marshall Title: An environmentally enlightened accounting Abstract: Environmental stewardship must become a primary concern if management is to adequately fulfil its societal responsibilities. Management and accounting information systems must aggressively respond to these emerging requirements in order to support adequately the associated information needs as well as to design organizational systems that motivate and facilitate desired behavior. Our purpose here is to consider a framework useful for developing environmentally enlightening management and accounting information systems that take into account alternative environmental perspectives. The framework can be used to develop prototypes representing different levels of environmental enlightenment, and as such, can provide general guidance for moving collectives and organizations toward a more environmentally responsible posture. The framework is illustrated using an example from the salmon farming industry provided in [Geogakopoulous, G., & Thomson, I., 2004. Organic salmon farming: Risk perceptions, decision heuristics and the absence of environmental accounting. In Proceedings of the Asia Pacific Interdisciplinary Research in Accounting. Singapore, July 4–7, 2004, this paper has since been published in this edition of Accounting Forum]. Journal: Accounting Forum Pages: 77-101 Issue: 1 Volume: 29 Year: 2005 Month: 3 X-DOI: 10.1016/j.accfor.2004.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:1:p:77-101 Template-Type: ReDIF-Article 1.0 Author-Name: Georgios Georgakopoulos Author-X-Name-First: Georgios Author-X-Name-Last: Georgakopoulos Author-Name: Ian Thomson Author-X-Name-First: Ian Author-X-Name-Last: Thomson Title: Organic salmon farming: risk perceptions, decision heuristics and the absence of environmental accounting Abstract: This paper reports on interviews with salmon farmers exploring their decision as to whether to adopt organic production methods. Organic salmon farming has the potential to considerably reduce the social, environmental and economic risks associated with salmon farming. Salmon farming is an industry subjected to intense scrutiny and is highly controversial. The combination of these two factors was expected to reveal the use of environmental accounting in evaluating this potentially difficult, expensive strategic decision, responding to the barrage of public criticism, driven by changing environmental regulations and a potential value shift by key actors. Journal: Accounting Forum Pages: 49-75 Issue: 1 Volume: 29 Year: 2005 Month: 3 X-DOI: 10.1016/j.accfor.2004.12.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.12.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:1:p:49-75 Template-Type: ReDIF-Article 1.0 Author-Name: Jill F. Solomon Author-X-Name-First: Jill F. Author-X-Name-Last: Solomon Author-Name: Lauren Darby Author-X-Name-First: Lauren Author-X-Name-Last: Darby Title: Is private social, ethical and environmental reporting mythicizing or demythologizing reality? Abstract: There is some evidence that private social, ethical and environmental reporting (SEER) between companies and their core institutional investors has started to evolve over recent years. However, there is little research exploring the private SEER process in detail. This paper seeks to address this evolving area of corporate communication using interviews. The evidence reveals a series of mutual benefits to companies and institutional investors arising from the private SEER process. Companies are gaining from SEE engagement and dialogue, as they are using the process to inform public SEE disclosure. They are using private SEE disclosure to preempt investor surprises. Institutional investors are benefiting from the supplementary SEE information gained in private communications with investee companies. They are also using information on managers’ SEE performance gained from private dialogue, as a proxy for management quality. The private SEE disclosure process appears to be nurturing mutual understanding between companies and their core institutional investors. Drawing from a pedagogic perspective, applied previously to SER and stakeholder engagement, as well as to accounting education, we show that ‘good’ private SEE disclosure should take on the characteristics of a dialogic, problem-posing, educative process. We consider four potential outcomes. Such a process may demythologize SEE issues. However, there is also the possibility that a recreated joint myth may emerge from collaborative dialogue between two such powerful groups. Other possible outcomes are that companies may capture the process in order to perpetuate their own SEE myth or that private SEE disclosure may dwindle as public SEE disclosure improves. Journal: Accounting Forum Pages: 27-47 Issue: 1 Volume: 29 Year: 2005 Month: 3 X-DOI: 10.1016/j.accfor.2004.12.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.12.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:1:p:27-47 Template-Type: ReDIF-Article 1.0 Author-Name: Kittiya Yongvanich Author-X-Name-First: Kittiya Author-X-Name-Last: Yongvanich Author-Name: James Guthrie Author-X-Name-First: James Author-X-Name-Last: Guthrie Title: Extended performance reporting: an examination of the Australian mining industry Abstract: Recent accounting scandals and a greater focus on sustainable development have highlighted the insufficiency of traditional financial statements in providing information about company value and performance. This study argues for the importance of reporting both IC information and non-economic performance. Based on an Extended Performance Reporting Framework, content analysis was conducted to examine the voluntary reporting practices within the annual reports of selected Australian mining companies. Results show that the sample companies tended to place greater emphases on IC information than non-economic performance information. The study provides a research opportunity, examining why the samples chose to report or not report various reporting elements. Journal: Accounting Forum Pages: 103-119 Issue: 1 Volume: 29 Year: 2005 Month: 3 X-DOI: 10.1016/j.accfor.2004.12.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.12.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:1:p:103-119 Template-Type: ReDIF-Article 1.0 Author-Name: Amanda Ball Author-X-Name-First: Amanda Author-X-Name-Last: Ball Author-Name: David Campbell Author-X-Name-First: David Author-X-Name-Last: Campbell Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Towards an environmentally enabling accounting and finance Journal: Accounting Forum Pages: 1-6 Issue: 1 Volume: 29 Year: 2005 Month: 3 X-DOI: 10.1016/j.accfor.2004.12.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.12.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:1:p:1-6 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Inside Front Cover - Editorial Board Journal: Accounting Forum Pages: 1-1 Issue: 1 Volume: 29 Year: 2005 Month: 3 X-DOI: 10.1016/S0155-9982(05)00005-0 File-URL: http://hdl.handle.net/10.1016/S0155-9982(05)00005-0 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:29:y:2005:i:1:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Stewart Smyth Author-X-Name-First: Stewart Author-X-Name-Last: Smyth Author-Name: Dexter Whitfield Author-X-Name-First: Dexter Author-X-Name-Last: Whitfield Title: Maintaining market principles: Government auditors, PPP equity sales and hegemony Abstract: The UK's government auditors, the National Audit Office (NAO), play a central role in the accountability relations surrounding government expenditure. Commonly portrayed as being independent, they carry out performance audits assessing value for money. To date, the emerging market for PPP equity transactions has attracted little attention. This paper explores that emerging market through a Gramscian framework utilising the concepts of ‘common sense’ and ‘good sense’, focusing on a dialogical analysis of a NAO report on the topic. Journal: Accounting Forum Pages: 44-56 Issue: 1 Volume: 41 Year: 2017 Month: 3 X-DOI: 10.1016/j.accfor.2016.06.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.06.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:1:p:44-56 Template-Type: ReDIF-Article 1.0 Author-Name: Richard Burke Author-X-Name-First: Richard Author-X-Name-Last: Burke Author-Name: Istemi Demirag Author-X-Name-First: Istemi Author-X-Name-Last: Demirag Title: Risk transfer and stakeholder relationships in Public Private Partnerships Abstract: Drawing on stakeholder theory, this study seeks to gain an insight into the stakeholder management strategies used by the Procuring Authority in Irish road Public Private Partnerships to manage its complex stakeholder relationships. Journal: Accounting Forum Pages: 28-43 Issue: 1 Volume: 41 Year: 2017 Month: 3 X-DOI: 10.1016/j.accfor.2016.06.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.06.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:1:p:28-43 Template-Type: ReDIF-Article 1.0 Author-Name: Eugenio Caperchione Author-X-Name-First: Eugenio Author-X-Name-Last: Caperchione Author-Name: Istemi Demirag Author-X-Name-First: Istemi Author-X-Name-Last: Demirag Author-Name: Giuseppe Grossi Author-X-Name-First: Giuseppe Author-X-Name-Last: Grossi Title: Public sector reforms and public private partnerships: Overview and research agenda Abstract: The purpose of this editorial paper is to introduce the special issue and outline its majorthemes. This special issue of Accounting Forum aims to stimulate interdisciplinary and critical research on public sector reforms, particularly in the context of Public Private Partnerships and other public sector organisations. The editorial also seeks to provide a research agenda and new directions for more research in the field, considering the ambiguities of this hybrid organisational forms and the complexity of accounting and accountability reforms. Journal: Accounting Forum Pages: 1-7 Issue: 1 Volume: 41 Year: 2017 Month: 3 X-DOI: 10.1016/j.accfor.2017.01.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.01.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:1:p:1-7 Template-Type: ReDIF-Article 1.0 Author-Name: Eugenio Anessi-Pessina Author-X-Name-First: Eugenio Author-X-Name-Last: Anessi-Pessina Author-Name: Elena Cantù Author-X-Name-First: Elena Author-X-Name-Last: Cantù Title: Multiple logics and accounting mutations in the Italian National Health Service Abstract: Traditional public administration (PA) relied on cash- or commitment-based budgets, while NPM advocated accruals accounting. Currently, Continental Europe is witnessing the re-emergence of the PA logic, but the relevant accounting implications have been insufficiently investigated. We focus on the Italian National Health Service. Our findings suggest that accruals accounting will not be repealed. However, accounting mutations will be introduced to increase consistency with the PA logic and budgetary accounting. Accruals accounting numbers will be interpreted and used accordingly. Great attention will be paid to nation-wide consolidated statements for the control of public finances, while faithful representation of individual organisations will be overshadowed. Journal: Accounting Forum Pages: 8-27 Issue: 1 Volume: 41 Year: 2017 Month: 3 X-DOI: 10.1016/j.accfor.2017.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2017.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:1:p:8-27 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 41 Year: 2017 Month: 3 X-DOI: 10.1016/S0155-9982(17)30077-7 File-URL: http://hdl.handle.net/10.1016/S0155-9982(17)30077-7 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:41:y:2017:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Sara Moggi Author-X-Name-First: Sara Author-X-Name-Last: Moggi Title: Social and environmental reports at universities: a Habermasian view on their evolution Abstract: This paper analyses how social and environmental disclosure has evolved over the years in Italian universities and aims to understand whether attention to sustainable development has changed. To determine this evolution, this study employed a framework of analysis that included 56 indicators based on the Global Reporting Initiative guidelines, embedding aspects of teaching and research as distinctive for universities. Inspired by Habermas’s writings, the study indicates that, despite the tendency to provide improved discourse on sustainable development, the lack of appropriate guidelines for universities does not facilitate discourse evolution on this issue in the higher education lifeworld. Journal: Accounting Forum Pages: 283-326 Issue: 3 Volume: 43 Year: 2019 Month: 7 X-DOI: 10.1080/01559982.2019.1579293 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1579293 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:3:p:283-326 Template-Type: ReDIF-Article 1.0 Author-Name: John Margerison Author-X-Name-First: John Author-X-Name-Last: Margerison Author-Name: Mingyue Fan Author-X-Name-First: Mingyue Author-X-Name-Last: Fan Author-Name: Frank Birkin Author-X-Name-First: Frank Author-X-Name-Last: Birkin Title: The prospects for environmental accounting and accountability in China Abstract: Foucault’s ideas on episteme change are used to help understand change taking place in China from the “industrial civilization” to an “ecological civilization”. If episteme change is taking place this could be reflected in the philosophies and attitudes of Chinese accountants and their environmental accounting work will be developing. The conclusions are that: China is slowly moving towards an ecological civilisation; based around the thinking of Chinese accountants an epistemic change is in evidence in tandem with an emerging interest in ancient Chinese philosophy; Chinese accountants’ engagement with environmental accounting and accountability is evidence of reduced specialisation. Journal: Accounting Forum Pages: 327-347 Issue: 3 Volume: 43 Year: 2019 Month: 7 X-DOI: 10.1080/01559982.2019.1601147 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1601147 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:3:p:327-347 Template-Type: ReDIF-Article 1.0 Author-Name: Kenneth Weir Author-X-Name-First: Kenneth Author-X-Name-Last: Weir Title: The logics of biodiversity accounting in the UK public sector Abstract: The scope of biodiversity accounting has continued to grow in recent years. This has attracted the attention of researchers that have mostly explored biodiversity accounting in the corporate context. However, the pressure to account for biodiversity, and loss, is not just limited to corporate entities. This paper therefore examines the use of contemporary biodiversity accounting practices in the public sector. The paper does so through an examination of semi-structured interviews with participants across four UK councils, and by applying an institutional logics framework finds that attempts to develop biodiversity accounting are affected by the presence of competing institutional logics. In this specific case, the paper highlights the economic/ecological value conflict in council biodiversity accounting. Journal: Accounting Forum Pages: 348-379 Issue: 3 Volume: 43 Year: 2019 Month: 7 X-DOI: 10.1080/01559982.2019.1605873 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1605873 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:3:p:348-379 Template-Type: ReDIF-Article 1.0 Author-Name: Mathew Tsamenyi Author-X-Name-First: Mathew Author-X-Name-Last: Tsamenyi Author-Name: Ahmad Z. Qureshi Author-X-Name-First: Ahmad Z. Author-X-Name-Last: Qureshi Author-Name: Hassan Yazdifar Author-X-Name-First: Hassan Author-X-Name-Last: Yazdifar Title: The contract, accounting and trust: A case study of an international joint venture (IJV) in the United Arab Emirates (UAE) Abstract: This paper reports on the results of a case study that examines the effect of the contract and accounting on inter-organisational trust in an international joint venture (IJV). The empirical setting of the research was an IJV relation between a United Arab Emirates (UAE) firm and its western partner. Data were gathered from multiple sources, including documents, observations, interviews and discussions with managers. The paper aims to explore the process of trust development and the role of the contract and accounting in this. We find that trust developed differently for the partners. Moreover the trust concerns of the partners were not the same. Based on this we conclude that trust was not automatically reciprocated. Instead it needs relating to other items such as the contract, accounting and also the institutional environment. The open-book accounting we observed could only be termed ‘partial’ because the western partner had access to the local partner's books but not the vice versa. But this partial open-book accounting created conflicts between the partners. We argue that developing one kind of trust through one particular medium may help one party but may damage the relationship between the partners. Journal: Accounting Forum Pages: 182-195 Issue: 3 Volume: 37 Year: 2013 Month: 9 X-DOI: 10.1016/j.accfor.2012.09.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.09.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:3:p:182-195 Template-Type: ReDIF-Article 1.0 Author-Name: Elisabetta Barone Author-X-Name-First: Elisabetta Author-X-Name-Last: Barone Author-Name: Nathan Ranamagar Author-X-Name-First: Nathan Author-X-Name-Last: Ranamagar Author-Name: Jill F. Solomon Author-X-Name-First: Jill F. Author-X-Name-Last: Solomon Title: A Habermasian model of stakeholder (non)engagement and corporate (ir)responsibility reporting Abstract: Inspired by Habermas’ works, we develop a prescriptive conceptual model of stakeholder engagement and corporate social responsibility (CSR) reporting against which empirical descriptions can be compared and contrasted. We compare the high profile case of Kraft's takeover of Cadbury with the conceptual model to illustrate the gap between an ideal speech situation and practice. The paper conducts a desk study of documents relating to the takeover and interviews with stakeholders from the local community to gauge their views of stakeholder engagement and CSR reporting by Cadbury/Kraft. The findings lead to policy recommendations for enhancing stakeholder accountability through improved steering mechanisms. Journal: Accounting Forum Pages: 163-181 Issue: 3 Volume: 37 Year: 2013 Month: 9 X-DOI: 10.1016/j.accfor.2012.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:3:p:163-181 Template-Type: ReDIF-Article 1.0 Author-Name: Bai Xue Author-X-Name-First: Bai Author-X-Name-Last: Xue Author-Name: Noel O'Sullivan Author-X-Name-First: Noel Author-X-Name-Last: O'Sullivan Title: Further evidence on the determinants of audit pricing in universities Abstract: This study investigates the determinants of audit fees for UK universities, involving an analysis of 451 university-year observations over the period 2007–2010. The study contributes to a fledgling strand of research examining audit pricing in the public sector. In seeking to identify an appropriate model to explain audit fees we interview a number of university auditors and use their insights in conjunction with prior findings from both private and public sector studies of audit pricing. Our findings show that audit fees in UK universities are positively influenced by size, the number of subsidiary companies, the amount of endowments, the level of debtors, being located in England and the use of a London-based auditor. We also find that more research-intensive universities (using a range of measures) and universities with greater operating surpluses pay lower audit fees. Journal: Accounting Forum Pages: 196-212 Issue: 3 Volume: 37 Year: 2013 Month: 9 X-DOI: 10.1016/j.accfor.2012.12.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.12.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:3:p:196-212 Template-Type: ReDIF-Article 1.0 Author-Name: Pawan Adhikari Author-X-Name-First: Pawan Author-X-Name-Last: Adhikari Author-Name: Chamara Kuruppu Author-X-Name-First: Chamara Author-X-Name-Last: Kuruppu Author-Name: Sumohon Matilal Author-X-Name-First: Sumohon Author-X-Name-Last: Matilal Title: Dissemination and institutionalization of public sector accounting reforms in less developed countries: A comparative study of the Nepalese and Sri Lankan central governments Abstract: One of the major issues in the developing world today is the alleviation of poverty and it is acknowledged that public sector accounting has a key role to play in this through the effective allocation of resources. Implementing public sector accounting changes in developing nations has been a key agenda of international organizations since the 1980s. This study, drawing on the ideas of new institutionalism, strives to explore the implementation of public sector accounting reforms in two less developed countries (LDCs), namely Nepal and Sri Lanka. The empirical findings of the study demonstrate that, while internationally propagated public sector accounting reform ideas have not gone beyond the trial/proposal stage in Nepal, colonialism has bequeathed on Sri Lanka the promotion of accounting education and training, enabling the country to implement some of these reform ideas. However, increasing resistance to accounting changes at the lower administrative level, witnessed in both countries, indicates a need to understand the contexts of LDCs and to fulfil basic preconditions prior to disseminating/embarking on reforms there. Journal: Accounting Forum Pages: 213-230 Issue: 3 Volume: 37 Year: 2013 Month: 9 X-DOI: 10.1016/j.accfor.2013.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:3:p:213-230 Template-Type: ReDIF-Article 1.0 Author-Name: Breeda Comyns Author-X-Name-First: Breeda Author-X-Name-Last: Comyns Author-Name: Frank Figge Author-X-Name-First: Frank Author-X-Name-Last: Figge Author-Name: Tobias Hahn Author-X-Name-First: Tobias Author-X-Name-Last: Hahn Author-Name: Ralf Barkemeyer Author-X-Name-First: Ralf Author-X-Name-Last: Barkemeyer Title: Sustainability reporting: The role of “Search”, “Experience” and “Credence” information Abstract: Corporate sustainability reporting quality has been frequently criticised as being unbalanced, presenting an overly positive view or failing to address material issues. The purpose of this article is to provide a fresh explanation for poor quality sustainability reporting and to propose how quality issues may be addressed. The theoretical framework combines the legitimacy and accountability perspectives using Akerlof's (1970) Market for Lemons theory. Akerlof's approach is extended by differentiating between three types of information in sustainability reports namely search, experience and credence. The article concludes that the type of information must be considered when determining measures to improve report quality. Journal: Accounting Forum Pages: 231-243 Issue: 3 Volume: 37 Year: 2013 Month: 9 X-DOI: 10.1016/j.accfor.2013.04.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:3:p:231-243 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 37 Year: 2013 Month: 9 X-DOI: 10.1016/S0155-9982(13)00034-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(13)00034-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Jesse Dillard Author-X-Name-First: Jesse Author-X-Name-Last: Dillard Author-Name: David Layzell Author-X-Name-First: David Author-X-Name-Last: Layzell Title: An ongoing journey of corporate social responsibility Abstract: The purpose of the following discussion is to consider how a progressive multinational corporation constrained by the demands of global market capitalism responds to the maelstrom of corporate responsibility. Employing a normative framework for considering corporate responsibility, a case study of Intel Corporation is undertaken that identifies the meaning and operationalization of corporate responsibility and its various dimensions. The process is followed over time through various responsibility centers. While corporate responsibility is important, it is always viewed through the fiscal viability dimension of the maelstrom. The business case dominates the representation and operationalization of corporate responsibility. Due to the increased public sensitivity to corporate responsibility, the attitude has evolved from one of unnecessary intrusion, through a proactive, operations focus, to a compliance based one residing within shareholder relations and legal. Journal: Accounting Forum Pages: 212-226 Issue: 3 Volume: 38 Year: 2014 Month: 9 X-DOI: 10.1016/j.accfor.2014.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:3:p:212-226 Template-Type: ReDIF-Article 1.0 Author-Name: Colin Haslam Author-X-Name-First: Colin Author-X-Name-Last: Haslam Author-Name: John Butlin Author-X-Name-First: John Author-X-Name-Last: Butlin Author-Name: Tord Andersson Author-X-Name-First: Tord Author-X-Name-Last: Andersson Author-Name: John Malamatenios Author-X-Name-First: John Author-X-Name-Last: Malamatenios Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Accounting for carbon and reframing disclosure: A business model approach Abstract: This paper contributes to the research in accounting and the debate about the nature of carbon footprint reporting for society. This paper utilises numbers and narratives to explore changes in carbon footprint using UK national carbon emissions data for the period 1990–2009 and six years (2006–2011) of carbon emissions data for the FTSE 100 group of companies and a case study that focuses on the UK mixed grocery sector. Our argument is that existing approaches to framing carbon disclosure generate malleable, inconsistent and irreconcilable numbers and narratives. In this paper we argue for an alternative framing of carbon disclosure informed by a reporting entities business model. Specifically, we suggest, that a reporting entity disclose its carbon–material stakeholder relations. This alternative, we argue, would increase the visibility of carbon generating stakeholder relations and avoid some of the difficulties and arbitrariness associated with framing carbon disclosure around a reporting entity boundary where judgements have to be made about responsibility and operational control. Journal: Accounting Forum Pages: 200-211 Issue: 3 Volume: 38 Year: 2014 Month: 9 X-DOI: 10.1016/j.accfor.2014.04.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.04.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:3:p:200-211 Template-Type: ReDIF-Article 1.0 Author-Name: Vassiliki Grougiou Author-X-Name-First: Vassiliki Author-X-Name-Last: Grougiou Author-Name: Stergios Leventis Author-X-Name-First: Stergios Author-X-Name-Last: Leventis Author-Name: Emmanouil Dedoulis Author-X-Name-First: Emmanouil Author-X-Name-Last: Dedoulis Author-Name: Stephen Owusu-Ansah Author-X-Name-First: Stephen Author-X-Name-Last: Owusu-Ansah Title: Corporate social responsibility and earnings management in U.S. banks Abstract: •Reverse causality between EM and CSR is explored in the U.S. banking sector.•Banks actively engaged in EM practices are found to be deeply involved in CSR.•CSR seen as part of legitimation strategies aimed at deflecting attention from EM.•Bank's engagement in CSR activities is found to have no significant impact on EM.•Extreme caution should be exhibited when factoring CSR commitment in firm analyses.Business decision making depends on financial reporting quality. In identifying the drivers of financial reporting quality, proxied by earnings management (EM), prior literature has drawn attention to the association between corporate EM practices and commitment to corporate social responsibility (CSR). Empirical evidence, however, provides inconclusive results regarding the direction of this association. Using simultaneous equations, we examine the bi-directional CSR–EM relationship in U.S. commercial banks. We demonstrate that, although banks that engage in EM practices are also actively involved in CSR, the reverse relationship is not significant. We provide implications for investors, analysts, business participants and regulators. Journal: Accounting Forum Pages: 155-169 Issue: 3 Volume: 38 Year: 2014 Month: 9 X-DOI: 10.1016/j.accfor.2014.05.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.05.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:3:p:155-169 Template-Type: ReDIF-Article 1.0 Author-Name: Noriaki Okamoto Author-X-Name-First: Noriaki Author-X-Name-Last: Okamoto Title: Fair value accounting from a distributed cognition perspective Abstract: •This paper focuses on the actual practice of fair value accounting.•Fair value accounting is discussed from a distributed cognition perspective.•Internal/external resources are mobilized to calculate a company's financial instruments value.•Unusual market conditions may necessitate more interactions among human actors in the process of fair value accounting.This study offers a unique interdisciplinary perspective on fair value accounting. The growing influence of esoteric financial instruments whose valuation is becoming increasingly complex makes it necessary to focus on actual valuation practices. Based on an extensive review, this paper regards fair value accounting for complex financial instruments as involving processes distributed among actors located inside and/or outside a reporting entity. It also draws attention to collaboration by organizations that apply their external and internal resources to perform complex financial valuations. Furthermore, it demonstrates that cases involving unusual market conditions underline the importance of human interactions to the valuation process. Journal: Accounting Forum Pages: 171-183 Issue: 3 Volume: 38 Year: 2014 Month: 9 X-DOI: 10.1016/j.accfor.2014.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:3:p:171-183 Template-Type: ReDIF-Article 1.0 Author-Name: Neil Fargher Author-X-Name-First: Neil Author-X-Name-Last: Fargher Author-Name: John Ziyang Zhang Author-X-Name-First: John Ziyang Author-X-Name-Last: Zhang Title: Changes in the measurement of fair value: Implications for accounting earnings Abstract: With the FASB's issue of staff position papers in 2009 and the relaxation of how fair value standards are applied, there has been a change in the practice of how fair value is measured. Since the FASB staff position papers in 2009, fair value measurement by financial institutions has increasingly relied on managerial assumptions. This study examines the impact of this change on the quality of earnings. Consistent with attribute substitution theory that emphasises reliability over relevance, we find that an apparent increase in managerial discretion in fair value measurement is associated with a higher probability of earnings management and lower earnings informativeness. The results indicate that allowing more managerial discretion in fair value measurement adversely affected the quality of financial reporting. Our study highlights the issue of reliable measurement in the debate among academics and practitioners of increasing the use of fair value accounting. Journal: Accounting Forum Pages: 184-199 Issue: 3 Volume: 38 Year: 2014 Month: 9 X-DOI: 10.1016/j.accfor.2014.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:3:p:184-199 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 38 Year: 2014 Month: 9 X-DOI: 10.1016/S0155-9982(14)00033-7 File-URL: http://hdl.handle.net/10.1016/S0155-9982(14)00033-7 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Jillian J. Hooks Author-X-Name-First: Jillian J. Author-X-Name-Last: Hooks Author-Name: Hector Perera Author-X-Name-First: Hector Author-X-Name-Last: Perera Title: The evolution of annual reporting practices of an electricity firm Abstract: Accounting both influences and is influenced by the environment in which it operates. We examine how this interaction takes place in a changing regulatory environment with particular emphasis on the influence on accounting policies and practices. Using a longitudinal study from 1988 to 2001, we analysed six major events representing changes in the regulations governing the operations of an electricity firm in New Zealand. We provide evidence which suggests that those changes influenced the choice of accounting policies and reporting practices of the case organisation. We also found evidence to suggest that accounting was used to influence the regulatory environment and as rhetoric in supporting a new ideology, which is market-oriented and profit driven. Journal: Accounting Forum Pages: 85-104 Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/j.accfor.2005.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2005.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:85-104 Template-Type: ReDIF-Article 1.0 Author-Name: Lynn A. Johnson Author-X-Name-First: Lynn A. Author-X-Name-Last: Johnson Title: The effect of audit scope and auditor tenure on resource allocation decisions in local government audit engagements Abstract: I examine the relationship between audit scope and auditor tenure and the hours of labor charged to audit activities (e.g. planning, internal control evaluation and testing, etc.) by a regional public accounting firm across a sample of governmental audits. I find that audit resources are generally allocated in a manner consistent with expectations derived from generally accepted governmental auditing standards. Journal: Accounting Forum Pages: 105-119 Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/j.accfor.2006.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:105-119 Template-Type: ReDIF-Article 1.0 Author-Name: José M. Moneva Author-X-Name-First: José M. Author-X-Name-Last: Moneva Author-Name: Pablo Archel Author-X-Name-First: Pablo Author-X-Name-Last: Archel Author-Name: Carmen Correa Author-X-Name-First: Carmen Author-X-Name-Last: Correa Title: GRI and the camouflaging of corporate unsustainability Abstract: Sustainable development or sustainability concept has become increasingly relevant in corporate executive's agenda after Brundtland Report was launched in 1987. Social and environmental accounting and reporting plays a relevant role in this context to analyse sustainability performance of the organizations. The Global Reporting Initiative (GRI) sustainability reporting guidelines were developed as a way of helping organizations to report on their environmental, social and economic performance and to increase their accountability. However, evidence from practice seems to show a different reality. Some organizations that label themselves as GRI reporters do not behave in a responsible way concerning sustainability question, like gas emissions, social equity or human rights. Journal: Accounting Forum Pages: 121-137 Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/j.accfor.2006.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:121-137 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: CALL FOR PAPERS: ACCOUNTING FORUM Financial Accounting : Past, Present and Future Journal: Accounting Forum Pages: 193-194 Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/j.accfor.2006.02.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.02.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:193-194 Template-Type: ReDIF-Article 1.0 Author-Name: S. McCartney Author-X-Name-First: S. Author-X-Name-Last: McCartney Author-Name: J. Stittle Author-X-Name-First: J. Author-X-Name-Last: Stittle Title: ‘Not our problem’: UK Government’s fiscal obligations towards the privatised railway network Abstract: Increasing attention is being focused on the implicit fiscal obligations of governments, which may be real (in terms of future resource commitments) even if they remain unrecognised in official accounts. Such obligations may exist in relation to important parts of national economic infrastructure, regardless of the legal position. Journal: Accounting Forum Pages: 139-153 Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/j.accfor.2006.02.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.02.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:139-153 Template-Type: ReDIF-Article 1.0 Author-Name: Emmanouil Dedoulis Author-X-Name-First: Emmanouil Author-X-Name-Last: Dedoulis Title: The Code of Ethics and the development of the auditing profession in Greece, the period 1992–2002 Abstract: Various forms of Codes of Ethics have played major roles in the advancement of the accountancy profession in the Anglo-American context. Responding to various legitimation challenges, accountants have drawn upon their ethical arrangements to reinforce claims to “credibility” and “independence” from clients. By doing so, they have sought to persuade social institutions of their “professionalism” and secure the privileges of self-governance and the monopoly of auditing practice. Though the literature has illuminated the role of ethical pronouncements in the ascendancy of the Anglo-American profession, little effort has been made to explore their impact upon the profession in emerging contexts. The case of Greece in the period 1992–2002, for instance, provides an interesting setting of an emerging economy in which to study professional ethics, as the local institute of auditing was restructured according to the Anglo-American professional paradigm following which it faced certain legitimation challenges. This paper investigates the broader background of threats to the Greek auditing profession in the period 1992–2002 and explores whether local auditors relied upon their Code of Ethics and compliance processes to re-establish the image of their institute as a “credible” body. It draws upon the imperialism of influence framework to demonstrate that, within increasingly internationalised contexts, the local accountancy profession tends to resort to professional ethics to confer legitimacy upon its activities and to safeguard its self-governing status. Journal: Accounting Forum Pages: 155-178 Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/j.accfor.2006.02.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.02.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:155-178 Template-Type: ReDIF-Article 1.0 Author-Name: Reva Berman Brown Author-X-Name-First: Reva Berman Author-X-Name-Last: Brown Author-Name: Mark N.K. Saunders Author-X-Name-First: Mark N.K. Author-X-Name-Last: Saunders Author-Name: Richard Beresford Author-X-Name-First: Richard Author-X-Name-Last: Beresford Title: You owe it to yourself: The financially literate manager Abstract: There is an important benefit for businesspeople who are financially literate. Financial literacy helps them to function efficiently at work because they are able to evaluate the information needed to make decisions that have financial ramifications or consequences. Journal: Accounting Forum Pages: 179-191 Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/j.accfor.2006.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:179-191 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Advisory Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 30 Year: 2006 Month: 6 X-DOI: 10.1016/S0155-9982(06)00026-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(06)00026-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Vivien Beattie Author-X-Name-First: Vivien Author-X-Name-Last: Beattie Author-Name: Bill McInnes Author-X-Name-First: Bill Author-X-Name-Last: McInnes Author-Name: Stella Fearnley Author-X-Name-First: Stella Author-X-Name-Last: Fearnley Title: A methodology for analysing and evaluating narratives in annual reports: a comprehensive descriptive profile and metrics for disclosure quality attributes Abstract: There is a consensus that the business reporting model needs to expand to serve the changing information needs of the market and provide the information required for enhanced corporate transparency and accountability. Worldwide, regulators view narrative disclosures as the key to achieving the desired step-change in the quality of corporate reporting. In recent years, accounting researchers have increasingly focused their efforts on investigating disclosure and it is now recognised that there is an urgent need to develop disclosure metrics to facilitate research into voluntary disclosure and quality [Core, J. E. (2001). A review of the empirical disclosure literature. Journal of Accounting and Economics, 31(3), 441–456]. This paper responds to this call and contributes in two principal ways. First, the paper introduces to the academic literature a comprehensive four-dimensional framework for the holistic content analysis of accounting narratives and presents a computer-assisted methodology for implementing this framework. This procedure provides a rich descriptive profile of a company's narrative disclosures based on the coding of topic and three type attributes. Second, the paper explores the complex concept of quality, and the problematic nature of quality measurement. It makes a preliminary attempt to identify some of the attributes of quality (such as relative amount of disclosure and topic spread), suggests observable proxies for these and offers a tentative summary measure of disclosure quality. Journal: Accounting Forum Pages: 205-236 Issue: 3 Volume: 28 Year: 2004 Month: 9 X-DOI: 10.1016/j.accfor.2004.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:3:p:205-236 Template-Type: ReDIF-Article 1.0 Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Author-Name: Jason Zezhong Xiao Author-X-Name-First: Jason Zezhong Author-X-Name-Last: Xiao Title: Financial reporting on the Internet by 2010: a consensus view Abstract: This paper reports the final results of a Delphi study into corporate financial reporting by 2010. Twenty UK experts in accounting and the Internet representing academics, auditors, regulators, reporting companies and users participated in the study. A three-dimensional conceptual framework was adopted consisting of the role of the Internet (i.e. problem solver or problem creator), the determinant of change (technological determinism, non-technological determinism or contingency perspective), and the pace of change (conservatism, gradualism or radicalism). The consensus view was that the financial reporting package would evolve into a core of general purpose, standardised information (in both the hard copy and Internet version) together with a non-core of general purpose and customised information. Radical changes suggested by prior studies such as real-time reporting and disclosure of raw data will not occur, at least to the core package. Auditors will be reactive and cautious, and regulators will adopt a minimalist approach. The fundamental dilemma of financial reporting in the Internet environment will be between standardisation and customisation. Journal: Accounting Forum Pages: 237-263 Issue: 3 Volume: 28 Year: 2004 Month: 9 X-DOI: 10.1016/j.accfor.2004.07.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.07.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:3:p:237-263 Template-Type: ReDIF-Article 1.0 Author-Name: Stella So Author-X-Name-First: Stella Author-X-Name-Last: So Author-Name: Malcolm Smith Author-X-Name-First: Malcolm Author-X-Name-Last: Smith Title: Multivariate decision accuracy and the presentation of accounting information Abstract: Since multivariate graphics provide spatial integration, summarization and comparison of information, they may provide the means for improving decision-making. This study tests for the incremental benefit of multivariate graphics over a tabular format, by comparing the outcomes for tabular–graphical combination formats with tabular-only formats in an experimental environment. This is an area where research has been sparse and where existing results are inconsistent. Journal: Accounting Forum Pages: 283-305 Issue: 3 Volume: 28 Year: 2004 Month: 9 X-DOI: 10.1016/j.accfor.2004.07.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.07.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:3:p:283-305 Template-Type: ReDIF-Article 1.0 Author-Name: John K. Courtis Author-X-Name-First: John K. Author-X-Name-Last: Courtis Title: Colour as visual rhetoric in financial reporting Abstract: Visual rhetoric within communication seeks to persuade through the use of picturing and encompasses words and colour. Visual rhetoric is present within annual reports. The specific role of colour in financial reporting is a neglected field of enquiry. A survey of 100 Hong Kong annual reports related colour usage to profitability change and found companies used more colour when profitability both increased and decreased. The eight most popular colours published in reports were identified and an experiment used them to proxy a pervasive form of visual rhetoric. Results show that some colours are associated with more (less) favourable perception formation and with more (less) investment allocations. Gender differences also were examined with some positive results. However, the story is not about identifying and advocating any specific colour associations for annual report usage or avoidance. The focus is about whether colour can influence perception formation and investment judgments. The evidence suggests that colour may not possess neutral effects in annual report communication. If replication studies with larger samples and in different cultural settings can corroborate this as a phenomenon then the implications may be far-reaching for annual report preparers, auditors and users. Journal: Accounting Forum Pages: 265-281 Issue: 3 Volume: 28 Year: 2004 Month: 9 X-DOI: 10.1016/j.accfor.2004.07.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.07.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:3:p:265-281 Template-Type: ReDIF-Article 1.0 Author-Name: Stergios Leventis Author-X-Name-First: Stergios Author-X-Name-Last: Leventis Author-Name: Pauline Weetman Author-X-Name-First: Pauline Author-X-Name-Last: Weetman Title: Impression management: dual language reporting and voluntary disclosure Abstract: The presentation of corporate disclosure may be explained by impression management. The relative extent of corporate disclosure may be related to information costs. This paper links these two theoretical perspectives by comparing the extent of voluntary disclosure in companies that have chosen to present a dual language approach to reporting, relative to the disclosure provided by companies choosing to report only in one language. The analysis shows that voluntary disclosure is higher in companies that have higher visibility through dual language reporting and whose investors face higher information costs. The analysis also shows that voluntary disclosure by companies reporting only in one language is associated with domestic visibility in market listing and type of industry, while that of companies reporting in two languages is associated with responding to market pressures. Journal: Accounting Forum Pages: 307-328 Issue: 3 Volume: 28 Year: 2004 Month: 9 X-DOI: 10.1016/j.accfor.2004.07.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.07.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:3:p:307-328 Template-Type: ReDIF-Article 1.0 Author-Name: Malcolm Smith Author-X-Name-First: Malcolm Author-X-Name-Last: Smith Title: Corporate financial communication and voluntary disclosure Journal: Accounting Forum Pages: 201-203 Issue: 3 Volume: 28 Year: 2004 Month: 9 X-DOI: 10.1016/j.accfor.2004.08.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.08.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:3:p:201-203 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC: Editorial board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 28 Year: 2004 Month: 9 X-DOI: 10.1016/S0155-9982(04)00052-3 File-URL: http://hdl.handle.net/10.1016/S0155-9982(04)00052-3 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Pawan Adhikari Author-X-Name-First: Pawan Author-X-Name-Last: Adhikari Author-Name: Levi Gårseth-Nesbakk Author-X-Name-First: Levi Author-X-Name-Last: Gårseth-Nesbakk Title: Implementing public sector accruals in OECD member states: Major issues and challenges Abstract: Drawing on extended new institutional theory, this paper has striven to make heard the voices of accountants, budget officers, and policy makers involved in implementing public sector accruals in different OECD member states. Such voices of the organisational actors and the challenges that they are encountering in the process of implementing accrual accounting and budgeting in their specific settings are missing in the existing public sector accruals literature. The empirical findings of the study demonstrate that the political and technical ambiguities in implementing public sector accruals across countries are much broader than outlined in the academic work and presented in the reports and studies of the proponents. Such challenges, when cascaded down to the organisational level, have brought about vast uncertainty and confusion amongst most of the budget and treasury officers who deal with public sector accruals in their specific jurisdictions, threatening the legitimacy at the organisational level. More communication and collaboration amongst the actors at institutional, organisational-field and organisational levels are therefore needed to build a coherent body of knowledge in facilitating public sector accruals reforms across countries. Journal: Accounting Forum Pages: 125-142 Issue: 2 Volume: 40 Year: 2016 Month: 6 X-DOI: 10.1016/j.accfor.2016.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:2:p:125-142 Template-Type: ReDIF-Article 1.0 Author-Name: Chinyere O. Uche Author-X-Name-First: Chinyere O. Author-X-Name-Last: Uche Author-Name: Emmanuel Adegbite Author-X-Name-First: Emmanuel Author-X-Name-Last: Adegbite Author-Name: Mike Jones Author-X-Name-First: Mike Author-X-Name-Last: Jones Title: Institutional shareholder activism in Nigeria: An accountability perspective Abstract: Research has identified institutional shareholders and shareholders’ associations as separate groups that are able to interact and promote accountability through shareholder activism. This study employs a qualitative methodology to critically evaluate how institutional shareholders perceive the participation of Nigerian shareholders’ associations in shareholder activism. We examine three features of accountability that are vital in shareholder activism; dialectical activity, independence and agenda. We contribute to the accountability literature by showing how these three features shape institutional shareholders’ perception of shareholders’ associations as shareholder activists. Our findings show distinct differences between the views of representatives from active and passive institutional shareholders. Journal: Accounting Forum Pages: 78-88 Issue: 2 Volume: 40 Year: 2016 Month: 6 X-DOI: 10.1016/j.accfor.2016.03.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.03.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:2:p:78-88 Template-Type: ReDIF-Article 1.0 Author-Name: Yuri Biondi Author-X-Name-First: Yuri Author-X-Name-Last: Biondi Title: Public debt accounting and management in UK: Refunding or refinancing? Or, the strange case of Doctor Jekyll and Mr Hyde in the aftermath of the Global Financial Crisis Abstract: Since the 1990s at least, UK HM Treasury has been leading a general transformation of public service and the relationship between public and private sectors, driven by a distinctive preference for the private sector. This preference has led to transplant the IFRS to provide a balance sheet accounting representation of public administration, while favouring the recourse to private actors for financing, delivering and even auditing the public service. However, in the aftermath of the Global Financial Crisis, since 2007–2008, the joint action of the HM treasury and the Bank of England has been running exceptional policies that belong to and activate the very financial–economic core which constitutes the specific economy of public administration: (i) its use of public borrowing for redistributive purposes; and (ii) its public debt management based upon issuance and progressive refinancing over time. Our analysis provides clear-cut evidence of these policies and their material impact on public debt management. This tells the strange case of Doctor Jekyll who advocates the imitation of private sector by the public administration, while Mister Hyde does actually foster public policies based upon the specific economic working of public administration, which makes it and its public debt different from private entities and their corporate securities. Journal: Accounting Forum Pages: 89-105 Issue: 2 Volume: 40 Year: 2016 Month: 6 X-DOI: 10.1016/j.accfor.2016.02.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.02.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:2:p:89-105 Template-Type: ReDIF-Article 1.0 Author-Name: Dila Agrizzi Author-X-Name-First: Dila Author-X-Name-Last: Agrizzi Author-Name: Gloria Agyemang Author-X-Name-First: Gloria Author-X-Name-Last: Agyemang Author-Name: Ebrahim Jaafaripooyan Author-X-Name-First: Ebrahim Author-X-Name-Last: Jaafaripooyan Title: Conforming to accreditation in Iranian hospitals Abstract: This paper examines the operation of an accreditation programme for hospitals in Iran. It explores the process of accreditation as a regulatory control system and analyses hospitals’ responses to this type of control. We draw on the notion of steering and argue that the accreditation system is transactional in nature. Our findings show that hospitals conform to the scheme, although they also resist some of its requirements. On a wider policy level, we suggest that accreditations offer the accreditor the opportunity to impact on how activities are undertaken, but hospitals require incentives in order to make the necessary organisational changes. Journal: Accounting Forum Pages: 106-124 Issue: 2 Volume: 40 Year: 2016 Month: 6 X-DOI: 10.1016/j.accfor.2016.02.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.02.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:2:p:106-124 Template-Type: ReDIF-Article 1.0 Author-Name: Thereza R.S. de Aguiar Author-X-Name-First: Thereza R.S. Author-X-Name-Last: de Aguiar Author-Name: Anne Fearfull Author-X-Name-First: Anne Author-X-Name-Last: Fearfull Author-Name: María V. Sanagustín Fons Author-X-Name-First: María V. Author-X-Name-Last: Sanagustín Fons Title: Calculating the carbon footprint: Implications for governing emissions and gender relations Abstract: In this article, we use fresh empirical evidence, and draw on feminist and critical accounting and organizational theories to contend that carbon calculators can be interpreted as discriminatory control technologies. They do this by providing a new and flexible vocabulary for governing expenses, costs and investments at a distance, avoiding a sense of direct intervention by the government. Thus, given our stance that the carbon calculator cannot be considered a neutral tool, we argue that it has the potential to control personal responsibilities regarding both environmental and family-based issues. Journal: Accounting Forum Pages: 63-77 Issue: 2 Volume: 40 Year: 2016 Month: 6 X-DOI: 10.1016/j.accfor.2016.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2016.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:2:p:63-77 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 40 Year: 2016 Month: 6 X-DOI: 10.1016/S0155-9982(16)30090-4 File-URL: http://hdl.handle.net/10.1016/S0155-9982(16)30090-4 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:40:y:2016:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Michael Gaffikin Author-X-Name-First: Michael Author-X-Name-Last: Gaffikin Title: Twenty-one years of critical resistance—almost: A reflection Abstract: This is a paper presented to accounting researchers at the 20th annual research conference at the University of Wollongong. The conference was designed to promote accounting research employing alternative and qualitative research methodologies. The paper is a reflection on the history of the conference and presents a call to researchers to maintain the spirit of critique that was the original intention of the conference. It argues that research informed by poststructuralist philosophers is a most appropriate basis for such research. Journal: Accounting Forum Pages: 268-273 Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/j.accfor.2009.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:268-273 Template-Type: ReDIF-Article 1.0 Author-Name: Joni J. Young Author-X-Name-First: Joni J. Author-X-Name-Last: Young Author-Name: Leslie S. Oakes Author-X-Name-First: Leslie S. Author-X-Name-Last: Oakes Title: Reflections on the practice of research Abstract: In this essay, we consider the relevance of research. To support our argument of its relevance, we offer three cases – Hull House, the Indian Trust Fund, and accounting standard-setting – that examine the taken-for-grantedness of accountability and the ways in which the term is frequently used. Journal: Accounting Forum Pages: 280-284 Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/j.accfor.2009.01.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.01.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:280-284 Template-Type: ReDIF-Article 1.0 Author-Name: Paul F. Williams Author-X-Name-First: Paul F. Author-X-Name-Last: Williams Title: Reshaping accounting research: Living in the world in which we live Abstract: This paper is derived from my participation as a faculty guest of the University of Wollongong’s Faculty of Commerce 20th Annual Doctoral Consortium. Consistent with the theme of “paradigm, paradox, and paralysis?”, I argue in this paper that accounting practice and scholarship suffer from paralysis created by the imposition of a neoclassical economic paradigm. Starting from the premise that accounting is foremost a practice, I argue that accounting cannot be limited by any one type of understanding. A human practice like accounting is simply to multi- faceted and complex to be sensibly “modeled” in any one particular way. The “flight from reality” (Shapiro, 2005), that occurred because of the empirical revolution in accounting, should be abandoned in favor of a more problem driven approach to accounting research and practice. Journal: Accounting Forum Pages: 274-279 Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/j.accfor.2009.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:274-279 Template-Type: ReDIF-Article 1.0 Author-Name: Mary A. Kaidonis Author-X-Name-First: Mary A. Author-X-Name-Last: Kaidonis Title: Critical accounting as an epistemic community: Hegemony, resistance and identity Abstract: In this paper I discuss the School of Accounting and Finance’s epistemic community, which has been a result of the vision of Professor Michael Gaffikin. The distinguishing feature of this epistemic community is the critique of accounting which rejects positivist ideologies and its claims to objective knowledge. As a member of this epistemic community, I present a critical reflexive ethnography and question the role of identity of the self and of the epistemic community. I consider the importance of resistance, particularly in the light of national research evaluation ‘initiatives’. I conclude that hegemony, or the potential of hegemony, is a necessary condition for the epistemic community to sustain its identity. Journal: Accounting Forum Pages: 290-297 Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/j.accfor.2009.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:290-297 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: A Festschrift for Michael Gaffikin Journal: Accounting Forum Pages: 257-262 Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/j.accfor.2009.09.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.09.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:257-262 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC - Editorial Board Journal: Accounting Forum Pages: i-i Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/S0155-9982(09)00034-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(09)00034-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Mary Kaidonis Author-X-Name-First: Mary Author-X-Name-Last: Kaidonis Author-Name: Lee Moerman Author-X-Name-First: Lee Author-X-Name-Last: Moerman Author-Name: Kathy Rudkin Author-X-Name-First: Kathy Author-X-Name-Last: Rudkin Title: Research in accounting and finance: Paradigm, paralysis, paradox Journal: Accounting Forum Pages: 263-267 Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/j.accfor.2009.09.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.09.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:263-267 Template-Type: ReDIF-Article 1.0 Author-Name: Mary Kaidonis Author-X-Name-First: Mary Author-X-Name-Last: Kaidonis Author-Name: Lee Moerman Author-X-Name-First: Lee Author-X-Name-Last: Moerman Author-Name: Kathy Rudkin Author-X-Name-First: Kathy Author-X-Name-Last: Rudkin Title: Paradigm, paradox, paralysis: An epistemic process Abstract: The potential of the transformative capacity of education requires critique of a dominant paradigm, in order to apprehend the unconscious acceptance of capital markets as solutions to societies’ woes. We engaged with media texts as practicum which advocated carbon markets to mitigate carbon pollution: a contemporary issues in society. We found that although we critique the dominant paradigms upheld by the media texts which we chose, our engagement had the potential to reinforce the status quo. Once this paradox is evident, it precipitates a paralysis of the educative process. However, this is not an end state but the struggle to overcome the paralysis mobilises a reconsideration of the paradigm and opens new possibilities. We argue that the collision of the concepts of paradigm, paradox and paralysis demonstrates an epistemic process which has emancipatory possibilities. Journal: Accounting Forum Pages: 285-289 Issue: 4 Volume: 33 Year: 2009 Month: 12 X-DOI: 10.1016/j.accfor.2009.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2009.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:33:y:2009:i:4:p:285-289 Template-Type: ReDIF-Article 1.0 Author-Name: Tony Brinn Author-X-Name-First: Tony Author-X-Name-Last: Brinn Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Title: Editorial boards in accounting: The power and the glory Abstract: This paper examines the perceptions of editorial board members about the composition, role and purpose of editorial review boards and issues relating to the ethical behaviour of reviewers and authors. It reports the views of 159 academics from a range of countries who are members of the editorial boards of English language accounting journals. There is little variation in the views of board members irrespective of professional background, age and success in publishing. However, some differences do exist based on the journal perspective which our reviewers adopted. In particular, reviewers of top 20 journals allowed reviewers and editors more discretion. Overall, the respondents believed that board appointments should be made on the basis of publication record and research reputation. Board members favour merit-based appointments and disapprove of institutional or group dominance of journals. There are, however, mixed views on attempts to engineer the composition of journal boards to include women or racial minorities. The journal editor is expected to respect the reviewing process and not accept manuscripts outside it. Wide latitude for editors to reject articles is accepted. Once the review process is initiated editors are expected not to attempt to interfere with, guide or override it. Reviewers are expected to be unbiased and professional, but it is acceptable for them to know the identity of a manuscript's author. There is also overwhelming support for the current system of sequential submission of manuscripts to journals. Overall, the results provide an insight into the standards of behaviour expected from all the major parties to the publication process. The unstated rules with which each of the parties is expected to comply are made explicit. The results have general relevance as they reflect the views of a broad constituency of experienced respondents. Journal: Accounting Forum Pages: 1-25 Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/j.accfor.2006.08.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:1-25 Template-Type: ReDIF-Article 1.0 Author-Name: Alistair M. Brown Author-X-Name-First: Alistair M. Author-X-Name-Last: Brown Title: Bridging the divides of online reporting Abstract: This paper looks at the possibilities of improving online reporting by closing the ‘digital divide’ through a ‘digitalised revolution’ and by narrowing the ‘accounting divide’ through the sharing of power and the expansion of membership in the International Accounting Standards Board (IASB). Paradoxically, whilst the IASB may have contributed to the ‘accounting divide’ it may very well possess the potential to close it and thus improve online reporting. The potential to bridge the ‘accounting divide’ rests with the greater participation by developing country members to exert influence and ownership of the accounting standards setting process. Journal: Accounting Forum Pages: 27-45 Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/j.accfor.2006.08.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.08.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:27-45 Template-Type: ReDIF-Article 1.0 Author-Name: Craig Deegan Author-X-Name-First: Craig Author-X-Name-Last: Deegan Author-Name: Sharon Soltys Author-X-Name-First: Sharon Author-X-Name-Last: Soltys Title: Social accounting research: An Australasian perspective Abstract: This paper provides an insight into the nature and the extent of social accounting research being undertaken within Australasia. It demonstrates that Australasian researchers account for a significant amount of internationally published social accounting research, but emphasises that the research effort seems to be confined to a limited number of researchers perhaps reflecting a lack of ‘take-up’ in this area in terms of the scale of participation. Information is also presented about the relative propensity of journals within the sample to publish social accounting research, and identifies that ‘top tier’ accounting journals historically have not published social accounting research. The paper also considers various factors which seem to be impeding the ‘recruitment’ of new social accounting researchers. Journal: Accounting Forum Pages: 73-89 Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/j.accfor.2006.11.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.11.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:73-89 Template-Type: ReDIF-Article 1.0 Author-Name: Jeff Everett Author-X-Name-First: Jeff Author-X-Name-Last: Everett Title: Fear, desire, and lack in Deegan and Soltys’s “Social accounting research: An Australasian perspective” Journal: Accounting Forum Pages: 91-97 Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/j.accfor.2006.12.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.12.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:91-97 Template-Type: ReDIF-Article 1.0 Author-Name: Jan Bebbington Author-X-Name-First: Jan Author-X-Name-Last: Bebbington Author-Name: Jesse Dillard Author-X-Name-First: Jesse Author-X-Name-Last: Dillard Title: What really counts Journal: Accounting Forum Pages: 99-105 Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/j.accfor.2006.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:99-105 Template-Type: ReDIF-Article 1.0 Author-Name: Geoff Frost Author-X-Name-First: Geoff Author-X-Name-Last: Frost Title: Social accounting research: An Australasian perspective: A comment Journal: Accounting Forum Pages: 107-111 Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/j.accfor.2007.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2007.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:107-111 Template-Type: ReDIF-Article 1.0 Author-Name: Rob Dixon Author-X-Name-First: Rob Author-X-Name-Last: Dixon Author-Name: John Ritchie Author-X-Name-First: John Author-X-Name-Last: Ritchie Author-Name: Juliana Siwale Author-X-Name-First: Juliana Author-X-Name-Last: Siwale Title: Loan officers and loan ‘delinquency’ in Microfinance: A Zambian case Abstract: The paper seeks to promote greater understanding of the importance of loan officers in group-based microfinance by explaining their actual roles, dilemmas and tensions when working with poor clients. Few existing studies have used data outside Bangladesh and most focus upon relatively well-performing institutions. Using data from Zambia this study focuses on the recent crisis of Christian Enterprise Trust of Zambia (CETZAM) and the effects of its practices for accounting for and dealing with defaulters. The findings firstly show that loan officers faced powerful hierarchical accountability pressures and pursued inappropriate methods to compel further repayments to resolve this crisis. Its approach to borrower default was found to be stressful for loan officers and potentially detrimental for CETZAM’s own short and long-term survival by reducing client loyalty and trust. Journal: Accounting Forum Pages: 47-71 Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/j.accfor.2006.11.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.11.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:47-71 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 1 Volume: 31 Year: 2007 Month: 3 X-DOI: 10.1016/S0155-9982(07)00009-9 File-URL: http://hdl.handle.net/10.1016/S0155-9982(07)00009-9 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:31:y:2007:i:1:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Eshani Beddewela Author-X-Name-First: Eshani Author-X-Name-Last: Beddewela Author-Name: Christian Herzig Author-X-Name-First: Christian Author-X-Name-Last: Herzig Title: Corporate social reporting by MNCs’ subsidiaries in Sri Lanka Abstract: This study examines the pressures, barriers and enablers which subsidiaries of multinational companies encounter when engaging in corporate social reporting within a developing country context. The researchers conducted in-depth interviews with eighteen managers across ten subsidiaries in Sri Lanka. The findings show that the subsidiaries are overwhelmingly driven by their need to attain internal legitimacy and conform to formal institutionalised processes for reporting on CSR which act as a barrier against publishing separate social reports in Sri Lanka. The study uncovers a tension between head office reporting requirements and demonstrating accountability for the needs of local stakeholders. Journal: Accounting Forum Pages: 135-149 Issue: 2 Volume: 37 Year: 2013 Month: 6 X-DOI: 10.1016/j.accfor.2012.09.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2012.09.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:2:p:135-149 Template-Type: ReDIF-Article 1.0 Author-Name: Ataur Rahman Belal Author-X-Name-First: Ataur Rahman Author-X-Name-Last: Belal Author-Name: Stuart M. Cooper Author-X-Name-First: Stuart M. Author-X-Name-Last: Cooper Author-Name: Robin W. Roberts Author-X-Name-First: Robin W. Author-X-Name-Last: Roberts Title: Vulnerable and exploitable: The need for organisational accountability and transparency in emerging and less developed economies Abstract: The aim of this paper is to provide an overview of the papers which appear in this special issue of Accounting Forum. The paper sets out the background and rationale for this special issue, introduces the papers contained within it and discusses their contributions to the literature on social and environmental accounting and accountability in emerging and less developed economies. This discussion is informed by the notions of vulnerability and exploitability. The final section of the paper provides conclusions and directions for future research in this under-researched area. Journal: Accounting Forum Pages: 81-91 Issue: 2 Volume: 37 Year: 2013 Month: 6 X-DOI: 10.1016/j.accfor.2013.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:2:p:81-91 Template-Type: ReDIF-Article 1.0 Author-Name: Teerooven Soobaroyen Author-X-Name-First: Teerooven Author-X-Name-Last: Soobaroyen Author-Name: Collins G. Ntim Author-X-Name-First: Collins G. Author-X-Name-Last: Ntim Title: Social and environmental accounting as symbolic and substantive means of legitimation: The case of HIV/AIDS reporting in South Africa Abstract: We develop an interpretive framework which combines Suchman's (1995) work on the dynamics of organisational legitimacy and Ashforth and Gibbs’ (1990) concepts of symbolic and substantive management to investigate how and why public corporations rely on symbolic and substantive social disclosures. We apply this framework to the case of the HIV/AIDS health crisis in South Africa (SA) and examine the corporate disclosure behaviour of a sample of 75 SA-listed corporations from 2003 to 2009. We use content analysis procedures to codify the disclosures and devise a disclosure index based on the Global Reporting Initiative guidelines on HIV/AIDS to assess whether corporations have adopted a substantive management strategy. Our findings suggest that public corporations use a combination of substantive and symbolic disclosures in a bid to seek specific forms of moral legitimacy (structural, procedural, and consequential) and pragmatic legitimacy (dispositional, influence, and exchange). Our analysis reveals that the mix of substantive and symbolic disclosures is altered as a result of changes in stakeholder salience, societal attitudes and the corporation's current ‘state’ of legitimacy. Overall, the findings demonstrate that our analytical framework is useful in understanding how substantive and/or symbolic disclosures could be relied upon to achieve specific types of organisational legitimacy. Journal: Accounting Forum Pages: 92-109 Issue: 2 Volume: 37 Year: 2013 Month: 6 X-DOI: 10.1016/j.accfor.2013.04.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:2:p:92-109 Template-Type: ReDIF-Article 1.0 Author-Name: Stacie Buccina Author-X-Name-First: Stacie Author-X-Name-Last: Buccina Author-Name: Douglas Chene Author-X-Name-First: Douglas Author-X-Name-Last: Chene Author-Name: Jeffrey Gramlich Author-X-Name-First: Jeffrey Author-X-Name-Last: Gramlich Title: Accounting for the environmental impacts of Texaco's operations in Ecuador: Chevron's contingent environmental liability disclosures Abstract: This paper examines the disclosure of a contingent legal obligation that arose as a result of Texaco Inc.’s oil drilling and extraction activities in Ecuador. We examine Texaco's and, after Texaco's acquisition by Chevron in 2001, Chevron's, financial reporting and SEC disclosures pertaining to a lawsuit claiming damages related to the environmental effects of Texaco's 30 years of operations in Ecuador. After an historical review of Texaco's drilling and extraction activities in Ecuador, and the ensuing litigation that began in 1993, we consider U.S. accounting and reporting rules as they apply to Texaco and Chevron. Given these rules, we analyze the appropriateness and timing of Chevron's disclosures related to the heretofore-unresolved litigation. The discussion employs legitimacy and stakeholder theories to explain Chevron's disclosures. Journal: Accounting Forum Pages: 110-123 Issue: 2 Volume: 37 Year: 2013 Month: 6 X-DOI: 10.1016/j.accfor.2013.04.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:2:p:110-123 Template-Type: ReDIF-Article 1.0 Author-Name: Aminu Hassan Author-X-Name-First: Aminu Author-X-Name-Last: Hassan Author-Name: Reza Kouhy Author-X-Name-First: Reza Author-X-Name-Last: Kouhy Title: Gas flaring in Nigeria: Analysis of changes in its consequent carbon emission and reporting Abstract: This paper investigates factors responsible for changes in carbon dioxide emission due to gas flaring in the upstream sector of the Nigerian oil and gas industry over the period 1965–2009. It also evaluates how this rate of change affects the extent of disclosure of gas flaring information in the Annual Statistical Bulletin (ASB) published by the Nigerian National Petroleum Corporation (NNPC). We find that size and the environmental philosophy in the industry have very strong positive impact on gas-flaring-related CO2 emission. Moreover, these positive impacts are so strong that the significant negative effects of investment in gas utilization projects, natural gas price and participation in Kyoto Protocol, also established by the study, are not strong enough to bring about significant net decreases in the kilograms of CO2 emission due to gas flaring over the period covered. We also find that change in the level of CO2 emission due to gas flaring is not an important factor considered by NNPC in deciding how much gas-flaring-related information to disclose. Journal: Accounting Forum Pages: 124-134 Issue: 2 Volume: 37 Year: 2013 Month: 6 X-DOI: 10.1016/j.accfor.2013.04.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:2:p:124-134 Template-Type: ReDIF-Article 1.0 Author-Name: Mahmood Ahmed Momin Author-X-Name-First: Mahmood Ahmed Author-X-Name-Last: Momin Title: Social and environmental NGOs’ perceptions of Corporate Social Disclosures: The Case of Bangladesh Abstract: This paper explores the perceptions of Corporate Social Disclosure (CSD) in non-government organisations within the context of a developing country: Bangladesh. Many prior studies have looked at CSD practice from the managerial perspective, while providing less of an insight into non-managerial stakeholder perspectives. Several researchers have argued that the social and environmental accounting literature needs to incorporate the voice of non-managerial stakeholders in CSD development. This paper contributes to the stakeholder-perception-based CSD literature. Semi-structured interviews were carried out in selected social and environmental NGOs of both overseas and Bangladeshi origin. The results suggest that NGO executives are sceptical of current CSD practice. To them, current CSD is ad hoc and no more than a public relations exercise, lacking credibility. Most importantly, owing to structural constraints NGO executives assign lesser significance to CSD than to direct corporate involvement in social development. They described structural constraints as: high levels of poverty, weak governmental structures, dependence on foreign aid and a small group of local business people, lack of awareness of CSD, and an underdeveloped stakeholder relationship. All of these constraints are embedded within the socio-cultural and political history of Bangladesh. NGO executives believe strongly in action rather than words. They suggest that corporations need to engage in social development and to improve their social performance in order to meet their social and environmental responsibilities to the Bangladeshi people. Journal: Accounting Forum Pages: 150-161 Issue: 2 Volume: 37 Year: 2013 Month: 6 X-DOI: 10.1016/j.accfor.2013.04.005 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:2:p:150-161 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 37 Year: 2013 Month: 6 X-DOI: 10.1016/S0155-9982(13)00019-7 File-URL: http://hdl.handle.net/10.1016/S0155-9982(13)00019-7 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:37:y:2013:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Ahmed A. Elamer Author-X-Name-First: Ahmed A. Author-X-Name-Last: Elamer Author-Name: Collins G. Ntim Author-X-Name-First: Collins G. Author-X-Name-Last: Ntim Author-Name: Hussein A. Abdou Author-X-Name-First: Hussein A. Author-X-Name-Last: Abdou Author-Name: Alaa Mansour Zalata Author-X-Name-First: Alaa Mansour Author-X-Name-Last: Zalata Author-Name: Mohamed Elmagrhi Author-X-Name-First: Mohamed Author-X-Name-Last: Elmagrhi Title: The impact of multi-layer governance on bank risk disclosure in emerging markets: the case of Middle East and North Africa Abstract: This study examines the impact of multi-layer governance mechanisms on the level of bank risk disclosure. Using a large dataset from 14 Middle East and North Africa (MENA) countries over a period of 8 years, our findings are three-fold. First, our results suggest that the presence of a Sharia supervisory board is positively associated with the level of risk disclosure. Second and at the bank-level, we find that ownership structures have a positive effect on the level of risk disclosure. At the country-level, our evidence suggests that control of corruption has a positive effect on the level of bank risk disclosure. Our study is, therefore, a major departure from much of the existing accounting literature that offers new crucial insights that show that firms’ disclosure choices are not mainly shaped by firm-level (internal) governance arrangements, but also country-level (external) governance and religious factors. Our findings have important implications for corporate boards, investors, regulatory authorities, standards-setters and governments relating to the development, implementation and enforcement of corporate and national governance standards. Journal: Accounting Forum Pages: 246-281 Issue: 2 Volume: 43 Year: 2019 Month: 4 X-DOI: 10.1080/01559982.2019.1576577 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1576577 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:2:p:246-281 Template-Type: ReDIF-Article 1.0 Author-Name: Yasean Tahat Author-X-Name-First: Yasean Author-X-Name-Last: Tahat Author-Name: Theresa Dunne Author-X-Name-First: Theresa Author-X-Name-Last: Dunne Author-Name: Suzanne Fifield Author-X-Name-First: Suzanne Author-X-Name-Last: Fifield Author-Name: David Power Author-X-Name-First: David Author-X-Name-Last: Power Title: Risk-related disclosure: a review of the literature and an agenda for future research Abstract: This paper critically examines the literature on risk reporting, largely dominated by the accounting standards for financial instruments (FI) issued by the FASB and the IASB. The analysis is motivated by the increased amount of FI-related research published in recent years, as well as by the conflicting findings that have emerged from these investigations. The increasing usage of risk-related FI, together with the financial collapses that this use has precipitated, provides a need for a review of research in this area. In discussing the key conclusions that emerge from the review, the paper identifies an agenda for future research and points to key omissions and deficiencies in the extant literature on risk reporting. Journal: Accounting Forum Pages: 193-219 Issue: 2 Volume: 43 Year: 2019 Month: 4 X-DOI: 10.1080/01559982.2019.1584953 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1584953 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:2:p:193-219 Template-Type: ReDIF-Article 1.0 Author-Name: Waymond Rodgers Author-X-Name-First: Waymond Author-X-Name-Last: Rodgers Author-Name: Salem Al Fayi Author-X-Name-First: Salem Author-X-Name-Last: Al Fayi Title: Ethical pathways of internal audit reporting lines Abstract: This study identifies the ethical pathways of chief audit executive reporting lines that describe internal auditing relationships with different authorities in the organization (e.g. the board of directors, audit committee, chief executive officer, and chief financial officer). The literature has placed importance of these lines as determinants for the objectivity and independence of internal auditing. Recent studies have reported inconsistent findings regarding whether reporting to high authority is the optimal reporting line compared to reporting to low authority. For this reason, there is a need for further investigation. Thus, this study harnesses the strengths and weaknesses of three ethical pathways in a decision-making model (described as the Ethical Process Thinking Model). In this way, we provide an explanation of the complex situations of internal audit reporting line in reality. The findings highlight that individuals’ different perceptions and judgments, as well as information signals can lead to different reporting lines (decision choices). The three dominant ethical pathways (i.e. preference-based, rule-based and principle-based) advance the literature by providing a clearer picture for practitioners, researchers and regulators to facilitate independence and objectivity requirements. Journal: Accounting Forum Pages: 220-245 Issue: 2 Volume: 43 Year: 2019 Month: 4 X-DOI: 10.1080/01559982.2019.1605871 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1605871 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:43:y:2019:i:2:p:220-245 Template-Type: ReDIF-Article 1.0 Author-Name: Warren Maroun Author-X-Name-First: Warren Author-X-Name-Last: Maroun Author-Name: Jill Solomon Author-X-Name-First: Jill Author-X-Name-Last: Solomon Title: Whistle-blowing by external auditors: Seeking legitimacy for the South African Audit Profession? Abstract: •The research provides one of the first interpretive accounts of auditing in an African setting.•An institutional-inspired perspective on auditing in South African is provided focusing on a duty to bring reportable irregularities to the attention of an independent regulatory body.•At the heart of this whistle-blowing requirement are claims to pragmatic, moral and cognitive legitimacy.•The findings provide further evidence in support of claims to auditing being a social construct and, like most institutions, both able to confer legitimacy while also being dependent on claims to legitimacy for continued existence.Auditing is often cited as playing an important role in managing agency-related costs and, accordingly, being integral to the sound functioning of capital markets. There may, however, be more to the attest function than a technical rational practice. By virtue of relying heavily on claims to technical expertise, professionalism, prudential judgement and public confidence, auditing is both a source of legitimacy for organisations and, paradoxically, dependent on claims to legitimacy for its continued existence. From this perspective, recent regulatory developments, purportedly enacted to increase arms-length control over the profession, may not only be about improving perceived audit quality and practice but also about ensuring continued faith in the well-established ‘rituals’ of the assurance function. A reporting duty imposed on South African external auditors, akin to whistle-blowing, is used as a case study to explore this perspective. In doing so, this paper contributes to the scant body of interpretive research on auditing, simultaneously offering one of the first insights into auditing regulation from an African perspective. Journal: Accounting Forum Pages: 111-121 Issue: 2 Volume: 38 Year: 2014 Month: 6 X-DOI: 10.1016/j.accfor.2013.04.007 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:2:p:111-121 Template-Type: ReDIF-Article 1.0 Author-Name: Leif Atle Beisland Author-X-Name-First: Leif Atle Author-X-Name-Last: Beisland Title: Equity valuation in practice: The influence of net financial expenses Abstract: •I analyse how net financial expenses associate with market prices of stocks.•The empirical study finds that financial items are not value relevant under IFRS.•The study concludes that equity values are driven by operating items.•The residual operating income model is appropriate for equity valuation.This study investigates the relevance of net financial expenses with respect to equity valuation in an IFRS accounting regime. According to the residual earnings valuation model, income related to balance sheet items that are recorded at fair value is not applicable for valuation purposes. There are no residual earnings associated with these items because the balance sheet provides ‘perfect’ value estimates for the items in question. In accordance with the contention that under IFRS, aggregate net financial liabilities are recorded at a book value that is close to fair value, this study demonstrates that net financial expenses are not associated with the market prices of stocks. The investigation discusses the empirical findings in light of the enduring controversies regarding the use of fair value accounting. Journal: Accounting Forum Pages: 122-131 Issue: 2 Volume: 38 Year: 2014 Month: 6 X-DOI: 10.1016/j.accfor.2013.04.008 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.04.008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:2:p:122-131 Template-Type: ReDIF-Article 1.0 Author-Name: Sarah Lauwo Author-X-Name-First: Sarah Author-X-Name-Last: Lauwo Author-Name: Olatunde Julius Otusanya Author-X-Name-First: Olatunde Julius Author-X-Name-Last: Otusanya Title: Corporate accountability and human rights disclosures: A case study of Barrick Gold Mine in Tanzania Abstract: Analysis and debate on the roles of accounting in human rights issues is an emerging topic of research. This study draws attention to certain human rights dilemmas arising from investment initiatives of transnational corporations within the Tanzanian socio-political and economic context. Evidence is provided on how accounting operates in resolving such dilemmas through an examination of foreign direct investment episodes where the state has agreed contracts with transnational corporations in the mining sector of Tanzania. The study finally considers the possibility of corporate governance reforms informed by accounting ideas in order to promote realisation of human rights alongside other interests. Journal: Accounting Forum Pages: 91-108 Issue: 2 Volume: 38 Year: 2014 Month: 6 X-DOI: 10.1016/j.accfor.2013.06.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.06.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:2:p:91-108 Template-Type: ReDIF-Article 1.0 Author-Name: Kenneth S. Lorek Author-X-Name-First: Kenneth S. Author-X-Name-Last: Lorek Title: Trends in statistically based quarterly cash-flow prediction models Abstract: This paper provides a succinct review and synthesis of the literature on statistically based quarterly cash-flow prediction models. It reviews extant work on quarterly cash-flow prediction models including: (1) complex, cross-sectionally estimated disaggregated-accrual models attributed to Wilson (1986, 1987) and Bernard and Stober (1989), (2) parsimonious ARIMA models attributed to Hopwood and McKeown (1992), (3) disaggregated-accrual, time-series regression models attributed to Lorek and Willinger (1996), and (4) parsimonious ARIMA models with both adjacent and seasonal characteristics attributed to Lorek and Willinger (2008, 2011). Due to the unavailability of long-term cash-flow forecasts attributed to analysts, increased importance has been placed upon the development of statistically based cash-flow prediction models given their use in firm valuation. Specific recommendations are also provided to enhance future research efforts in refining extant statistically based quarterly cash-flow prediction models. Journal: Accounting Forum Pages: 145-151 Issue: 2 Volume: 38 Year: 2014 Month: 6 X-DOI: 10.1016/j.accfor.2013.10.006 File-URL: http://hdl.handle.net/10.1016/j.accfor.2013.10.006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:2:p:145-151 Template-Type: ReDIF-Article 1.0 Author-Name: C. Richard Baker Author-X-Name-First: C. Richard Author-X-Name-Last: Baker Title: Commentary on “Trends in statistically based quarterly cash-flow prediction models” Journal: Accounting Forum Pages: 152-154 Issue: 2 Volume: 38 Year: 2014 Month: 6 X-DOI: 10.1016/j.accfor.2014.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:2:p:152-154 Template-Type: ReDIF-Article 1.0 Author-Name: Dennis M. Patten Author-X-Name-First: Dennis M. Author-X-Name-Last: Patten Author-Name: Na Zhao Author-X-Name-First: Na Author-X-Name-Last: Zhao Title: Standalone CSR reporting by U.S. retail companies Abstract: •We examine standalone CSR reporting by U.S. retail companies.•Environmental issues receive more coverage, on average, than other social items.•The reports focus more on discussions of programs and initiatives than on providing actual performance data.•Reporting companies exhibit higher environmental reputation scores in spite of having worse environmental performance.•First-time issuance is followed by increases in the holdings of companies’ stocks by socially responsible mutual funds.We investigate first-time use of standalone CSR reporting in the U.S. retail industry. We find it is limited to publicly traded companies and that environmental rather than other social disclosures are most prominent. We document that firms focus on discussing CSR initiatives and programs as opposed to providing performance data, suggesting the reports are more about image enhancement than transparent accountability. We explore impacts of the choice to disclose, and our findings suggest that standalone CSR reporting by the retail companies appears to positively influence perceptions of company reputation, and may be leading to increased appeal to socially responsible investors. Journal: Accounting Forum Pages: 132-144 Issue: 2 Volume: 38 Year: 2014 Month: 6 X-DOI: 10.1016/j.accfor.2014.01.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2014.01.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:2:p:132-144 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 38 Year: 2014 Month: 6 X-DOI: 10.1016/S0155-9982(14)00016-7 File-URL: http://hdl.handle.net/10.1016/S0155-9982(14)00016-7 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:38:y:2014:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Ian A.M. Fraser Author-X-Name-First: Ian A.M. Author-X-Name-Last: Fraser Author-Name: David J. Hatherly Author-X-Name-First: David J. Author-X-Name-Last: Hatherly Author-Name: William M. Henry Author-X-Name-First: William M. Author-X-Name-Last: Henry Title: Illegal acts and the auditor Abstract: The extent to which auditing standards merely consolidate existing practice, as compared with the extent to which they are innovative and raise standards, is a matter of debate. This paper provides evidence on this issue in respect of the UK auditing standard SAS 120 concerned with the auditor’s responsibilities for client illegal acts. Six case examples of illegal acts were developed and these formed the basis for interviews with forty-three practising auditors. It was found that auditors’ assessments of their ability under current practice to discover specific illegal acts are significantly below their perceptions as to the need for these acts to be discovered. This indicates that auditors believe that their responsibilities in this area of the audit are not being adequately discharged. It was also found that auditor consensus appears to be an important consideration in the shaping of the standard and this is consistent with viewing auditing standards as consolidations of professional practice. However, it was also found that levels of consensus did vary and tended to be less in the case of less familiar illegal acts or those less proximate to the financial statements. Journal: Accounting Forum Pages: 99-118 Issue: 2 Volume: 28 Year: 2004 Month: 6 X-DOI: 10.1016/j.accfor.2004.04.008 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.04.008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:2:p:99-118 Template-Type: ReDIF-Article 1.0 Author-Name: Francisco Gabriel Hernández Hernández Author-X-Name-First: Francisco Gabriel Author-X-Name-Last: Hernández Hernández Title: Another step towards full fair value accounting for financial instruments Abstract: The international Joint Working Group of Standard Setters (JWG) was established by the IASC (replaced by the IASB in 2001) and other national accounting standard setters for the purpose of developing a comprehensive set of principles for reporting financial instrument at fair value. In December 2000 the JWG issued a Draft Standard addressing the accounting for financial instruments and similar items. The proposals in the Draft Standard would affect existing accounting practice in many areas, including those related to the use of hedge accounting. This article states the main problems that could result from applying the provisions of that Draft Standard, offering some alternative approaches to overcome those problems. Journal: Accounting Forum Pages: 167-179 Issue: 2 Volume: 28 Year: 2004 Month: 6 X-DOI: 10.1016/j.accfor.2003.12.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2003.12.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:2:p:167-179 Template-Type: ReDIF-Article 1.0 Author-Name: Claire Eckstein Author-X-Name-First: Claire Author-X-Name-Last: Eckstein Title: The measurement and recognition of intangible assets: then and now Abstract: “In the Fortune 500 there are thousands upon thousands of statistics that reveal very little that’s meaningful about the corporations they purportedly describe. At least that’s the verdict of a growing number of forward-thinking market watchdogs, academics, accountants, and others.”(Fortune, April 2001). In today’s economy value is often created by intangible (intellectual) capital. The accounting profession has not met the challenge of measuring and reporting the results of knowledge-based entities. The Federal Reserve Bank of Philadelphia estimates that in the year 2000 more than US$ 1 trillion was invested in Intangibles. The problems relating to the measurement and recognition of intangibles are international in scope. Journal: Accounting Forum Pages: 139-158 Issue: 2 Volume: 28 Year: 2004 Month: 6 X-DOI: 10.1016/j.accfor.2004.02.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.02.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:2:p:139-158 Template-Type: ReDIF-Article 1.0 Author-Name: Paul E. Holt Author-X-Name-First: Paul E. Author-X-Name-Last: Holt Title: A case against the consolidation of foreign subsidiaries’ and a United States parent’s financial statements Abstract: Generally accepted accounting principles in the United States usually require that companies which own more than 50% of the voting stock of foreign corporations prepare consolidated financial statements. The foreign financial statements must be recast into US GAAP and the foreign currency financial statements must be translated into US dollars. Alternative methods of translating foreign currency have major impacts on consolidated financial statements and on the behavior of management. Further, foreign subsidiary financial statements which are recast into US GAAP are less useful than the originals, and US users cannot analyze them without reference to the foreign environment. The interests of financial statement users are better served by alternative presentations of foreign currency denominated accounts rather than by consolidation. Journal: Accounting Forum Pages: 159-165 Issue: 2 Volume: 28 Year: 2004 Month: 6 X-DOI: 10.1016/j.accfor.2003.10.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2003.10.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:2:p:159-165 Template-Type: ReDIF-Article 1.0 Author-Name: Robert Dixon Author-X-Name-First: Robert Author-X-Name-Last: Dixon Author-Name: Gehan A. Mousa Author-X-Name-First: Gehan A. Author-X-Name-Last: Mousa Author-Name: Anne D. Woodhead Author-X-Name-First: Anne D. Author-X-Name-Last: Woodhead Title: The necessary characteristics of environmental auditors: a review of the contribution of the financial auditing profession Abstract: The business community faces many pressures from the green consumer, environmental groups, employees and investors to accept its environmental accountabilities and to provide information about its environmental performance. This information is becoming increasingly important to a broad range of corporate stakeholders because it is a key resource in managing a business’s response to the issue of environmental accountability. Businesses need to ascertain whether potential responsibilities for environmental implications on business are considered within their companies. A number of arguments have emerged concerning the relevance of the financial auditing profession in contributing to this area of environmental concerns. The paper is principally concerned with (1) reviewing the literature in an attempt to answer the questions: (i) can the financial audit profession make a contribution in the area of environmental audits? (ii) are financial auditors in a position to assess environmental implications for business and take part in environmental auditing? (2) The paper goes on to suggest a general framework of the necessary characteristics of environmental auditors. Journal: Accounting Forum Pages: 119-138 Issue: 2 Volume: 28 Year: 2004 Month: 6 X-DOI: 10.1016/j.accfor.2004.01.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2004.01.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:2:p:119-138 Template-Type: ReDIF-Article 1.0 Author-Name: J.David Cabedo Author-X-Name-First: J.David Author-X-Name-Last: Cabedo Author-Name: José Miguel Tirado Author-X-Name-First: José Miguel Author-X-Name-Last: Tirado Title: The disclosure of risk in financial statements Abstract: The accounting information currently issued by firms is not wholly adequate when used for decision making purposes, and within that process, for forecasting, for which additional information on risks is required. Therefore a reform of the current framework becomes necessary. Within this reform an adequate scheme and typology for the risks facing firms must be established and a set of specific risk quantification models must be designed. This paper focuses on both issues, showing all the risks that can affect firms and proposing a quantification model for each one. Journal: Accounting Forum Pages: 181-200 Issue: 2 Volume: 28 Year: 2004 Month: 6 X-DOI: 10.1016/j.accfor.2003.10.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2003.10.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:2:p:181-200 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: IFC: Editorial Board Journal: Accounting Forum Pages: i-i Issue: 2 Volume: 28 Year: 2004 Month: 6 X-DOI: 10.1016/S0155-9982(04)00033-X File-URL: http://hdl.handle.net/10.1016/S0155-9982(04)00033-X File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:28:y:2004:i:2:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Hugo Nurnberg Author-X-Name-First: Hugo Author-X-Name-Last: Nurnberg Title: The distorting effects of acquisitions and dispositions on net operating cash flow Abstract: The cash flow statement is the third principal financial statement in a corporate financial report. It presents the cash inflows and outflows for the period, together with certain net cash flow subtotals, foremost being net cash flow from operating activities (henceforth NCFO). Under the cash flow statement classification rules of both the Financial Accounting Standards Board (FASB Statement No. 95, Statement of Cash Flows, 1987, henceforth FASB-95) and the International Accounting Standards Board (IASB Standard No. 7, Statement of Cash Flows, 1992, henceforth IASB-7), NCFO may increase directly as a result of business acquisitions and dispositions (henceforth acquisitions and dispositions, respectively), although the acquisitions and dispositions themselves are ostensibly reported in the cash flow statement as investing activities. Examples from annual financial reports suggest that this potential distortion of NCFO may be substantial. In general, however, required disclosures do not make transparent these potentially distorting effects on NCFO, especially when there are many acquisitions or dispositions or the disclosures are not timely. Journal: Accounting Forum Pages: 209-226 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.03.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.03.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:209-226 Template-Type: ReDIF-Article 1.0 Author-Name: Lisa Jack Author-X-Name-First: Lisa Author-X-Name-Last: Jack Title: Protecting agricultural accounting in the UK Abstract: This paper examines a particular accounting practice prevalent in the UK agriculture industry and reveals the ‘canopy of legitimations’ that appears to protect the practice and make it highly resistant to change. Agricultural gross margin accounting was innovated through Government sponsored agricultural extension programmes in the post-war period in Britain. The practice is not maintained primarily by farmers but rather by actors within Government agencies and agricultural service industries (including management consultants). New Institutionalism in Sociology (NIS) is used as a theoretical framework, and extended to consider the concept of legitimation as a reflexive process. Although the context is specifically UK agriculture, the theme of the protection of accounting methods by Government and other advisors is of more universal interest. The paper adds to the very few studies in the accounting literature that consider the agriculture and food industries. Journal: Accounting Forum Pages: 227-243 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.03.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.03.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:227-243 Template-Type: ReDIF-Article 1.0 Author-Name: Tony Tinker Author-X-Name-First: Tony Author-X-Name-Last: Tinker Title: Editorial: Accounting journal assessment exercise Journal: Accounting Forum Pages: 195-208 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.04.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.04.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:195-208 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Educating and Researching Sarbanes Oxley Journal: Accounting Forum Pages: 1-1 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.05.002 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.05.002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: Rania Kamla Author-X-Name-First: Rania Author-X-Name-Last: Kamla Author-Name: Sonja Gallhofer Author-X-Name-First: Sonja Author-X-Name-Last: Gallhofer Author-Name: Jim Haslam Author-X-Name-First: Jim Author-X-Name-Last: Haslam Title: Islam, nature and accounting: Islamic principles and the notion of accounting for the environment Abstract: Islamic principles are suggestive of a variety of implications for governance and accounting. Reflecting upon Islamic principles, we here engage with the notion of accounting for the environment. Drawing from key Islamic texts and relevant prior literature, we elaborate and discuss key Islamic principles of relevance and delineate what they suggest for accounting. Our endeavours here are consistent with a concern to contribute to a critical theoretical project seeking to develop a progressive and emancipatory universalism that is respectful of difference, a project with its accounting implications. In concluding, we point, among other things, to the irony whereby Western transnational corporations have sought to promote their particular brand of corporate social (and environmental) responsibility accounting in Arab countries, variously influenced by Islam, with little to no mention of a notion of accounting for the environment integral to and deeply rooted in Islam. Journal: Accounting Forum Pages: 245-265 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.05.003 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.05.003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:245-265 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Shareholder Value Viagra or Vampire ? Journal: Accounting Forum Pages: 317-318 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.05.004 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.05.004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:317-318 Template-Type: ReDIF-Article 1.0 Author-Name: Matthew Haigh Author-X-Name-First: Matthew Author-X-Name-Last: Haigh Title: Camouflage play: Making moral claims in managed investments Abstract: The paper claims theoretical, empirical and normative contributions to the fledgling research on social accountabilities in financial services. Managers of managed (mutual) funds with public social mandates are obligated to pursue clients’ economic interests and exercise claimed moral considerations. Theoreticians working in post-modern accounting are invited to examine alignment difficulties. Guidance is offered in the form of Foucault’s resigned response to Nietzsche’s moral cynicism. Theoretical antagonisms are empirically illustrated in interviews with managers of social investment portfolios, comparisons of the portfolios of selected Australian social funds with conventional counterparts, and comparisons of selected investment decisions with claimed investment criteria in a sample of Australian social funds. Research has suggested that a recognisably distinct management bias in Australian socially screened investment products may have diffused into the investment styles adopted by managers of conventional unscreened products. The paper suggests that performance convergence might also be attributable to similar stock holdings. The requirement to sustain competitive economic performance renders the use of moral considerations in managed funds as camouflage play. A number of investment policy innovations are suggested that might serve to increase net fund inflows and so bring closer the objective of social investment to transform capital. Journal: Accounting Forum Pages: 267-283 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.06.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.06.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:267-283 Template-Type: ReDIF-Article 1.0 Author-Name: Owolabi M. Bakre Author-X-Name-First: Owolabi M. Author-X-Name-Last: Bakre Title: Accounting education, training and the profession in the Commonwealth Caribbean: Integration or internationalisation? Abstract: In light of the January 2006 inauguration of the Caribbean Single Market and Economy (CSME), regional accountants now face the challenge of reshaping the system of professional education and training inherited from the UK-based ACCA at independence or transferred to the Caribbean economies by the American-based CPA and the Canadian-based CGA after independence, in order to better serve the socio-economic needs of Caribbean economies. This paper therefore examines the way forward for the professional education and training in accountancy in the context of the now independent post-colonial developing economies of the Caribbean. Given the structural, economic and social deficiencies deriving from their colonial history, these countries need to move away from the externally derived model of accounting education and its legacy of inappropriate content, methodology and pedagogy. Available evidence suggests that the integration of the accountancy profession could aid and accelerate the successful operation of the Caribbean Single Market and Economy. In fact, such evidence suggests that the integration of the accounting profession represents the preference of the people of the Commonwealth Caribbean. In addition the evidence suggests that the integration of the profession could contribute significantly to the projection of a Caribbean identity, to economic development and could ultimately make a major contribution to the survival of the Commonwealth Caribbean economies in the global economic system. Journal: Accounting Forum Pages: 285-313 Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/j.accfor.2006.07.001 File-URL: http://hdl.handle.net/10.1016/j.accfor.2006.07.001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:285-313 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial Advisory Board Journal: Accounting Forum Pages: i-i Issue: 3 Volume: 30 Year: 2006 Month: 9 X-DOI: 10.1016/S0155-9982(06)00044-5 File-URL: http://hdl.handle.net/10.1016/S0155-9982(06)00044-5 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:30:y:2006:i:3:p:i-i Template-Type: ReDIF-Article 1.0 Author-Name: Syeliya Md Zaini Author-X-Name-First: Syeliya Author-X-Name-Last: Md Zaini Author-Name: Umesh Sharma Author-X-Name-First: Umesh Author-X-Name-Last: Sharma Author-Name: Grant Samkin Author-X-Name-First: Grant Author-X-Name-Last: Samkin Author-Name: Howard Davey Author-X-Name-First: Howard Author-X-Name-Last: Davey Title: Impact of ownership structure on the level of voluntary disclosure: a study of listed family-controlled companies in Malaysia Abstract: This paper investigates the level of voluntary disclosure in the annual reports of listed companies in Malaysia by examining the impact of ownership structure. A mixed methods approach was adopted to analyse the content and level of information disclosed voluntarily in companies’ annual reports. Family-controlled companies tend to voluntarily disclose information in relation to external factors and global conditions. Most family-controlled companies provide financial warnings in their disclosures. Studies that examine a voluntary disclosure practice by family-controlled companies in Malaysia are limited. As such, little is known about the effect of ownership structure on the level of voluntary disclosure. Journal: Accounting Forum Pages: 1-34 Issue: 1 Volume: 44 Year: 2020 Month: 1 X-DOI: 10.1080/01559982.2019.1605874 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1605874 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:1:p:1-34 Template-Type: ReDIF-Article 1.0 Author-Name: Ana Isabel Morais Author-X-Name-First: Ana Isabel Author-X-Name-Last: Morais Title: Are changes in international accounting standards making them more complex? Abstract: One of the objectives of International Accounting Standards Board (IASB) is to develop high-quality standards based on clearly articulated principles. However, despite stating that International Financial Reporting Standards (IFRS) are based on principles, IASB continuously revises and amends IFRS. This paper explores the relation between the changes in IFRS and whether the standards have become more complex over time. The sample comprises changes to IFRS between 2005 and 2016. Following Mergenthaler [(2012). Principles-based versus rules-based standards and accounting irregularities (Working paper)] and Donelson, McInnis, and Mergenthaler [(2012). Rules-based accounting standards and litigation. The Accounting Review, 87(4), 1247–1279], this paper scores the rules-based continuum for each standard. The results show that IFRS is becoming more complex because of the changes. Journal: Accounting Forum Pages: 35-63 Issue: 1 Volume: 44 Year: 2020 Month: 1 X-DOI: 10.1080/01559982.2019.1573781 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1573781 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:1:p:35-63 Template-Type: ReDIF-Article 1.0 Author-Name: Maria Ishaque Author-X-Name-First: Maria Author-X-Name-Last: Ishaque Title: Cognitive approach to understand the impact of conflict of interests on accounting professionals’ decision-making behaviour Abstract: This paper adopts a cognitive approach, by integrating social cognitive theory and throughput model, for examining the process through which conflict of interests affects the accounting professionals’ decision-making behaviour. The model has been tested by conducting a quasi-experiment with 105 professionals from the Big Four accounting firms in the UK. The low positive outcome expectancy of compliant decision-making, high perceived difficulty in making compliant decisions and less ethical judgements are evidenced to be the situational cognitive predictors, and high propensity to morally disengage the dispositional cognitive predictor of the likelihood of deviant decision-making behaviour. The proposed cognitive approach provides a novel perspective for investigating decision-making behaviour in situations involving the conflict of interests. To facilitate effective management of conflict of interests, this study suggests implementing behavioural interventions for strengthening the accounting professionals’ independence in fact. Journal: Accounting Forum Pages: 64-98 Issue: 1 Volume: 44 Year: 2020 Month: 1 X-DOI: 10.1080/01559982.2019.1583303 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1583303 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:1:p:64-98 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: The 2020 North American Congress on Social and Environmental Accounting Research (8th CSEAR North America Conference) Journal: Accounting Forum Pages: 99-99 Issue: 1 Volume: 44 Year: 2020 Month: 1 X-DOI: 10.1080/01559982.2020.1730708 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1730708 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:1:p:99-99 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Special Issue of Accounting Forum: “Accounting for the Circular Economy” Journal: Accounting Forum Pages: 100-101 Issue: 1 Volume: 44 Year: 2020 Month: 1 X-DOI: 10.1080/01559982.2020.1730721 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1730721 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:1:p:100-101 Template-Type: ReDIF-Article 1.0 Author-Name: Eric O. Boahen Author-X-Name-First: Eric O. Author-X-Name-Last: Boahen Author-Name: Emmanuel C. Mamatzakis Author-X-Name-First: Emmanuel C. Author-X-Name-Last: Mamatzakis Title: The impact of religion on classification shifting in the presence of corporate governance and BIG 4 audit Abstract: This study examines the extent to which religious socials norms of the firm's environment would affect classification shifting and whether such impact would be altered in the presence of firm specific corporate governance characteristics, such as board independence and BIG4 audit. Using a sample of 23,164 US firm-year observations between 2000 and 2015, we find that managers would be deterred to shift revenue items and core expenses from/into special items so as to inflate core earnings in a religious social norm's environment. The religion through the ethical channel would act as a deterrent to unethical managerial behaviour such as classification shifting. We also show that the religion would complement corporate governance and auditor characteristics to mitigate classification shifting. We report results with some variability as we examine the ethical role of religion in reducing classification shifting in rural vs urban areas, in low vs high religious areas, as well as in pre and post financial crisis periods. Finally, we show that regulation also plays a role as the SOX Act (2002) appears to curb opportunistic managerial behaviour, even more so in a religious social norm's environment. Journal: Accounting Forum Pages: 103-131 Issue: 2 Volume: 44 Year: 2020 Month: 4 X-DOI: 10.1080/01559982.2019.1573404 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1573404 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:2:p:103-131 Template-Type: ReDIF-Article 1.0 Author-Name: Vassili Joannidès de Lautour Author-X-Name-First: Vassili Author-X-Name-Last: Joannidès de Lautour Author-Name: Danture Wickramasinghe Author-X-Name-First: Danture Author-X-Name-Last: Wickramasinghe Author-Name: Nicolas Berland Author-X-Name-First: Nicolas Author-X-Name-Last: Berland Title: From critical accounting to an account of critique: the case of cultural emancipators Abstract: Drawing on the Boltanski’s sociology of critique, this paper examines how critique contributes to debates in accounting research. Our analysis reveals two responses to critique: (1) reality critiques, uncovering how a research programme is diffused and accepted; and (2) truth critiques questioning object justness and legitimacy. Reality critiques occur before truth critiques but after isolated attempts at emancipation from the dominant perspective. Once the reality critique is articulated, emancipation commences. Truth critiques are not changing events but theorize the rise of isolated attempts at doing differently. In fostering and accelerating emancipation, a critique does not need to be explicitly referenced. Journal: Accounting Forum Pages: 132-159 Issue: 2 Volume: 44 Year: 2020 Month: 4 X-DOI: 10.1080/01559982.2019.1588452 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1588452 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:2:p:132-159 Template-Type: ReDIF-Article 1.0 Author-Name: Margarita Guevara Author-X-Name-First: Margarita Author-X-Name-Last: Guevara Author-Name: Lee Moerman Author-X-Name-First: Lee Author-X-Name-Last: Moerman Author-Name: Sanja Pupovac Author-X-Name-First: Sanja Author-X-Name-Last: Pupovac Title: Fortescue vs Yindjibarndi: land rights and welfarism in third spaces Abstract: This paper investigates the negotiations between the Yindjibarndi community in the remote north-west of Australia and Fortescue Mining Group over compensation for land use. Mining is a significant industry in Australia providing economic resources and large-scale infrastructure. However, this wealth is not without controversy, especially where disruptions to Indigenous practices exist. Drawing on postcolonialism and the idea of a hybrid space where colonial practices and decolonising resistance are present, we explore, through the use of accounts, a neo-colonial “reality” of land rights and welfarism. Journal: Accounting Forum Pages: 160-175 Issue: 2 Volume: 44 Year: 2020 Month: 4 X-DOI: 10.1080/01559982.2019.1597563 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1597563 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:2:p:160-175 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Special Issue of Accounting Forum: “Accounting for the Circular Economy” Journal: Accounting Forum Pages: 176-177 Issue: 2 Volume: 44 Year: 2020 Month: 4 X-DOI: 10.1080/01559982.2020.1751572 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1751572 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:2:p:176-177 Template-Type: ReDIF-Article 1.0 Author-Name: Linda Lewis Author-X-Name-First: Linda Author-X-Name-Last: Lewis Title: Environmental audits in local government: a useful means to progress in sustainable development Abstract: Criticisms have been made about the proliferation of ’audits’ in non‐financial contexts and in particular about environmental audits with concerns for a lack of objectivity and their encouragement of (non)‐professional expertise (Power 1991,1994). Much of this criticism is rooted in accounting meanings of audit and usually drawn from experiences in the private sector. Using a longitudinal study of environmental audits in UK local authorities, this paper investigates the potential of environmental audits to be socially useful in their roles of ’enabler’ and ’evalutor’ as local goverment responds to pressures from central goverment to make progress towards sustainable development. Journal: Accounting Forum Pages: 296-318 Issue: 3 Volume: 24 Year: 2000 Month: 9 X-DOI: 10.1111/1467-6303.00043 File-URL: http://hdl.handle.net/10.1111/1467-6303.00043 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:3:p:296-318 Template-Type: ReDIF-Article 1.0 Author-Name: Linda Simpson Author-X-Name-First: Linda Author-X-Name-Last: Simpson Title: The annual report: an exercise in ignorance? Abstract: The connection between the informative function of company annual reports and the maintenance of ignorance in society would traditionally be regarded as remote. In this paper it is argued, however, that the use of imagery in company annual reports is linked to maintaining levels of ignorance in society which are essential for companies to maintain their existence, and for society to maintain stability and order. Further, the connection between societal ignorance and the objectives of accounting education are briefly discussed. The paper concludes that in an environment of increasing regulatory requirements for disclosure and transparency, companies may be seeking to maintain ignorance, distract the reader and blur some facts through the use of imagery, in order that competition, and the survival of the company is maintained. Journal: Accounting Forum Pages: 231-247 Issue: 3 Volume: 24 Year: 2000 Month: 9 X-DOI: 10.1111/1467-6303.00039 File-URL: http://hdl.handle.net/10.1111/1467-6303.00039 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:3:p:231-247 Template-Type: ReDIF-Article 1.0 Author-Name: John K Courtis Author-X-Name-First: John K Author-X-Name-Last: Courtis Title: Expanding the future financial corporate reporting package Abstract: This prescriptive paper examines four suggestions for improving the financial reporting package, especially within annual reports: the use of single summary statistics to report corporate risk and the quality of management, the use of a search strategy to guide users through annual report detail to directional information. Creativity in developing these new corporate disclosures needs to be encouraged by professional and regulatory authorities for a generous period of time and within a litigation‐exempt environment. The speculative consequences of such changes for preparers and users of the information are also considered. Journal: Accounting Forum Pages: 248-263 Issue: 3 Volume: 24 Year: 2000 Month: 9 X-DOI: 10.1111/1467-6303.00040 File-URL: http://hdl.handle.net/10.1111/1467-6303.00040 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:3:p:248-263 Template-Type: ReDIF-Article 1.0 Author-Name: Natalie Buckmaster Author-X-Name-First: Natalie Author-X-Name-Last: Buckmaster Title: The performance measurement panacea Abstract: Performance indicators used in the management control systems of 18 Australian manufacturing and service firms are analyzed and critiqued. Investigation is conducted into whether movements in non‐accounting based indicators are associated with, or imitate, accounting based indicators of performance. The pitfalls of exclusive reliance on accounting based indicators are highlighted. The results are consistent with the notion that non‐accounting based indicators are associated with accounting based indicators in a more complex way than anticipated. Journal: Accounting Forum Pages: 264-277 Issue: 3 Volume: 24 Year: 2000 Month: 9 X-DOI: 10.1111/1467-6303.00041 File-URL: http://hdl.handle.net/10.1111/1467-6303.00041 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:3:p:264-277 Template-Type: ReDIF-Article 1.0 Author-Name: John Tippet Author-X-Name-First: John Author-X-Name-Last: Tippet Title: Investors’ perceptions of the relative importance of investment issue Abstract: With a view to establishing what issues are important to investors in their investment decision, Australian equity investors asked to assess the relative importance of a range of issues, categorised broadly into "ethical" issues and "corporate goverance" issues. Responses indicate that the ethical issues of most concern to investors are: professional and good business practice, the promotion of Australian made, and encouragement of youth employment. Investors regarded the issues: aboriginal rights, uraniummining and the manufacture or sale of alchol as being relatively unimportant. With respect to matters of good corporate governance, investors were most concerned with the behaviour of directors; and regarded the failure to conduct a social or environmental audit as being relatively unimportant. These findings indicate, not unexpectedly, the importance to investors of good business practice and the encouragement of employment opportunities, particularly; but a perceived lack of interest in social accounting and environmental issues. In the ranking of some of the issues as being important, investor demographic variables, gender, age, education and wealth, were significant influences, with male investors, higher‐educated investors, and more wealthy investors predominating. Journal: Accounting Forum Pages: 278-295 Issue: 3 Volume: 24 Year: 2000 Month: 9 X-DOI: 10.1111/1467-6303.00042 File-URL: http://hdl.handle.net/10.1111/1467-6303.00042 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:3:p:278-295 Template-Type: ReDIF-Article 1.0 Author-Name: Ralph Adler Author-X-Name-First: Ralph Author-X-Name-Last: Adler Author-Name: André M. Everett Author-X-Name-First: André M. Author-X-Name-Last: Everett Author-Name: Marilyn Waldron Author-X-Name-First: Marilyn Author-X-Name-Last: Waldron Title: Advanced management accounting techniques in manufacturing: utilization, benefits, and barriers to implementation Abstract: Advanced management accounting techniques were developed to provide information appropriate for decision making in changing internal and external environments. However, studies in the US and UK demonstrated that firms are slow to adopt such techniques. To examine whether and why this reluctance exists, manufacturers’ adoption and utilization of advanced accounting techniques, plus perceived barriers to adoption, were examined. Data were collected from 165 New Zealand manufacturing sites, selected as representative of organizations facing major structural reform and environmental change, hence likely candidates for accounting system rejuvenation. Adoption, utilization, combinations of techniques, trends, perceived benefits, and barriers to adoption are discussed. Journal: Accounting Forum Pages: 131-150 Issue: 2 Volume: 24 Year: 2000 Month: 6 X-DOI: 10.1111/1467-6303.00032 File-URL: http://hdl.handle.net/10.1111/1467-6303.00032 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:2:p:131-150 Template-Type: ReDIF-Article 1.0 Author-Name: Margaret Lightbody Author-X-Name-First: Margaret Author-X-Name-Last: Lightbody Title: Environmental auditing: the audit theory gap Abstract: The international accounting profession is actively seeking opportunities to position itself within the potentially lucrative environmental audit market. To date, accountants have utilised a number of strategies to advocate for a greater role in this field. These strategies have primarily focused on attempts to establish the ability of accountants to ‘orchestrate’ environmental audits (Power 1996). However, accountants appear to have had limited success in achieving such outcomes. As a short term alternative to a direct management role in environmental audits, this paper proposes that the accounting profession utilise their expertise to facilitate training in audit theory and methodology to overcome the substantial ‘gaps’ that currently exist in the knowledge base of the professional groups dominating the conduct of environmental audits. Journal: Accounting Forum Pages: 151-169 Issue: 2 Volume: 24 Year: 2000 Month: 6 X-DOI: 10.1111/1467-6303.00033 File-URL: http://hdl.handle.net/10.1111/1467-6303.00033 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:2:p:151-169 Template-Type: ReDIF-Article 1.0 Author-Name: David Collison Author-X-Name-First: David Author-X-Name-Last: Collison Author-Name: Rob Gray Author-X-Name-First: Rob Author-X-Name-Last: Gray Author-Name: David Owen Author-X-Name-First: David Author-X-Name-Last: Owen Author-Name: Donald Sinclair Author-X-Name-First: Donald Author-X-Name-Last: Sinclair Author-Name: Lorna Stevenson Author-X-Name-First: Lorna Author-X-Name-Last: Stevenson Title: Social and environmental accounting and student choice: an exploratory research note Abstract: This paper reports on an exploratory study across three universities which was intended to help inform us about why students make the options choices that they do. More particularly, why do students choose–or choose not–to take social and environmental accounting courses? Based upon a series of interviews, a survey was drawn up and applied across the three universities. The data analysis reveals that whilst many initial expectations were not incorrect, the reasons for student choice are more complex than social and environmental accounting teachers and researchers have tended to assume. This exploratory study points to a wider range of possible explanations for student choice that might be employed as foci in further work on why students do what they do. Journal: Accounting Forum Pages: 170-186 Issue: 2 Volume: 24 Year: 2000 Month: 6 X-DOI: 10.1111/1467-6303.00034 File-URL: http://hdl.handle.net/10.1111/1467-6303.00034 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:2:p:170-186 Template-Type: ReDIF-Article 1.0 Author-Name: M.R. Mathews Author-X-Name-First: M.R. Author-X-Name-Last: Mathews Title: Accounting for macro‐social impacts: a new research agenda Abstract: This paper reviews the current state of social accounting, noting that in the usual micro (firm level) form there was a need for a more structured approach, before considering a macro level social disclosure model. Macro level social accounting as advocated in this paper envisages disclosures by private sector organizations of their interactions with central and local government in terms of commercial dealing and the provision of services and infrastructure for the private sector by public funding. It is concluded that prima facie there is a case for further research into the concept of macro‐social accounting disclosures. Journal: Accounting Forum Pages: 187-196 Issue: 2 Volume: 24 Year: 2000 Month: 6 X-DOI: 10.1111/1467-6303.00035 File-URL: http://hdl.handle.net/10.1111/1467-6303.00035 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:2:p:187-196 Template-Type: ReDIF-Article 1.0 Author-Name: Jane Andrew Author-X-Name-First: Jane Author-X-Name-Last: Andrew Title: The accounting craft and the environmental crisis: reconsidering environmental ethics Abstract: If the purpose of environmental accounting research is to develop, suggest and analyse ways out of the environmental crisis, then it is fundamental that the ethical positions informing our research are developed and explored fully before we make choices about the path and direction of our own work. This paper reviews two alternative approaches to environmental ethics, namely, radical ecology (of which deep ecology, social ecology and eco‐feminism are regarded as subdivisions) and the emerging area of post‐modern environmentalism. The aim is to encourage environmental accounting researchers to consider and explicitly state the ethical position adopted within their work. Journal: Accounting Forum Pages: 197-222 Issue: 2 Volume: 24 Year: 2000 Month: 6 X-DOI: 10.1111/1467-6303.00036 File-URL: http://hdl.handle.net/10.1111/1467-6303.00036 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:2:p:197-222 Template-Type: ReDIF-Article 1.0 Author-Name: Brendan O'dwyer Author-X-Name-First: Brendan Author-X-Name-Last: O'dwyer Title: Evidence and the public interest versus expediency: critical commentary on “Could corporate environmental reporting shadow financial reporting?” by Aris Solomon Journal: Accounting Forum Pages: 223-230 Issue: 2 Volume: 24 Year: 2000 Month: 6 X-DOI: 10.1111/1467-6303.00037 File-URL: http://hdl.handle.net/10.1111/1467-6303.00037 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:2:p:223-230 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call For Papers Journal: Accounting Forum Pages: 231-231 Issue: 2 Volume: 24 Year: 2000 Month: 6 X-DOI: 10.1111/1467-6303.00038 File-URL: http://hdl.handle.net/10.1111/1467-6303.00038 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:2:p:231-231 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Accounting research prospects Journal: Accounting Forum Pages: 1-6 Issue: 1 Volume: 25 Year: 2001 Month: 3 X-DOI: 10.1111/1467-6303.00052 File-URL: http://hdl.handle.net/10.1111/1467-6303.00052 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:1:p:1-6 Template-Type: ReDIF-Article 1.0 Author-Name: Neil J. Cocks Author-X-Name-First: Neil J. Author-X-Name-Last: Cocks Author-Name: Errol R. Iselin Author-X-Name-First: Errol R. Author-X-Name-Last: Iselin Author-Name: Divesh S. Sharma Author-X-Name-First: Divesh S. Author-X-Name-Last: Sharma Title: The corporate memory structure of expert portfolio managers: a multi‐trial free recall study Abstract: This research studied the memory structures for company information of twelve expert investment portfolio managers. These memory structures are important because they influence equity portfolio selection decisions worth billions of dollars. The structures have relevance to accounting and finance in that they should influence (1) the information accountants provide, (2) accounting and finance education, and (3) expert systems for investment portfolio management. Based on theory and an exploratory study, nine hypotheses were developed. These were tested in a multi‐trial free recall study. The research results showed that both expert portfolio managers and novices clustered their recall. The experts had higher clustering scores initially, but the novices’ scores increased at a faster rate over the trials. The experts used two schematic and four unidimensional bases of categorisation to assist in equity portfolio selection. Of these, industrial schemata seem to dominate in their memory structures. The experts used these industrial schemata to assist their recall. They do not, however, simply adopt the stock exchange’s industrial categories. They tend to lead rather than follow the exchange. While the experts used industrial schemata to facilitate recall, novices used more trivial bases. These findings supported all of the research hypotheses. Finally, the paper considers the implications of the findings for future research and accounting and finance practice. Journal: Accounting Forum Pages: 7-30 Issue: 1 Volume: 25 Year: 2001 Month: 3 X-DOI: 10.1111/1467-6303.00053 File-URL: http://hdl.handle.net/10.1111/1467-6303.00053 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:1:p:7-30 Template-Type: ReDIF-Article 1.0 Author-Name: Alan Lowe Author-X-Name-First: Alan Author-X-Name-Last: Lowe Title: “Action at a distance”: accounting inscriptions and the reporting of episodes of clinical care Abstract: This paper reports on an aspect of the implementation of a sophisticated system of Casemix Budgeting within a large public hospital in New Zealand. The paper examines the role of accounting inscription in supporting a system of “remote” management control effected through the Finance function at the hospital. The paper provides detailed description and analysis of part of the casemix technology in use at the research site. The implementation of clinical budgeting through the Transition casemix system will be examined by describing an aspect of the casemix system in detail. The design and use of management reporting is described. Reporting to different levels of management and for differing parts of the organisation are discussed with particular emphasis on the adoption of traditional analysis of costs using standard costing and variance analysis techniques. Journal: Accounting Forum Pages: 31-55 Issue: 1 Volume: 25 Year: 2001 Month: 3 X-DOI: 10.1111/1467-6303.00054 File-URL: http://hdl.handle.net/10.1111/1467-6303.00054 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:1:p:31-55 Template-Type: ReDIF-Article 1.0 Author-Name: Gary G Johnson Author-X-Name-First: Gary G Author-X-Name-Last: Johnson Author-Name: Charryl L. Rudesill Author-X-Name-First: Charryl L. Author-X-Name-Last: Rudesill Title: An investigation into fraud prevention and detection of small businesses in the United States: responsibilities of auditors, managers, and business owners Abstract: Previous studies of fraud prevention and detection in American companies have primarily targeted a general business audience and were published before Statement on Auditing Standard No. 82, Consideration of Fraud in a Financial Statement Audit, was issued in early 1997. No post SAS No. 82 published studies were found that directly addressed the issues of fraud in the context of small business. The main objectives of this study were to identify: (1) the issues of fraud in the context of small U.S. businesses, (2) the fraud prevention and detection procedures used by CPAs specializing in small business engagements, and (3) the perceived impact of SAS No. 82 on audits of small businesses. It was found that CPAs specializing in small business engagements believe the three most effective fraud detection procedures are observing how cash receipts are processed, evaluating management overrides of computer controls, and testing physical inventories. They rate segregation of duties as the most effective fraud prevention measure while having a written code of ethics is viewed as the least effective measure. Most small business practitioners believe the severity of a fraud problem is a function of the effectiveness of the control system that management has implemented and the level of management monitoring. Sixty‐six percent of small business practitioners believe it is too soon to determine if SAS No. 82 will enhance the likeli‐hood of detecting fraud in small businesses, but implementing the new standard will require more work on the auditor’s part to evaluate internal controls and plan the audit accordingly. Journal: Accounting Forum Pages: 56-78 Issue: 1 Volume: 25 Year: 2001 Month: 3 X-DOI: 10.1111/1467-6303.00055 File-URL: http://hdl.handle.net/10.1111/1467-6303.00055 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:1:p:56-78 Template-Type: ReDIF-Article 1.0 Author-Name: M.R. Mathews Author-X-Name-First: M.R. Author-X-Name-Last: Mathews Author-Name: M.A. Reynolds Author-X-Name-First: M.A. Author-X-Name-Last: Reynolds Title: Cultural relativity and accounting for sustainability: a research note Abstract: Global concern for the environment places the accountant, as a professional, in a position of ethical responsibility. Accountants must understand their own ethical position as well as their definition of the environment. This understanding can help them extend accounting practice to meet current social needs and maintain professional legitimacy. Journal: Accounting Forum Pages: 79-88 Issue: 1 Volume: 25 Year: 2001 Month: 3 X-DOI: 10.1111/1467-6303.00056 File-URL: http://hdl.handle.net/10.1111/1467-6303.00056 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:1:p:79-88 Template-Type: ReDIF-Article 1.0 Author-Name: Lynn A. Johnson Author-X-Name-First: Lynn A. Author-X-Name-Last: Johnson Title: An investigation of pricing behavior in the municipal audit market Abstract: Several researchers have identified conditions in which incumbent auditors have the possibility of receiving abnormal profits, which is expected to result in lowballing on the initial engagement. The frequency with which incumbent auditors are able to extract economic rents is examined for governmental audits conducted by a regional audit firm. The results indicate that existing theory is not supported on approximately one third of the continuing engagements. The frequency of initial audit lowballing is also examined. The results indicate that lowballing frequently occurs but does not appear to be related to the availability of subsequent abnormal profits. Journal: Accounting Forum Pages: 89-101 Issue: 1 Volume: 25 Year: 2001 Month: 3 X-DOI: 10.1111/1467-6303.00057 File-URL: http://hdl.handle.net/10.1111/1467-6303.00057 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:1:p:89-101 Template-Type: ReDIF-Article 1.0 Author-Name: Mike Metcalfe Author-X-Name-First: Mike Author-X-Name-Last: Metcalfe Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Accounting and Information Systems: Call For Papers Journal: Accounting Forum Pages: 325-326 Issue: 4 Volume: 23 Year: 1999 Month: 12 X-DOI: 10.1111/1467-6303.00019 File-URL: http://hdl.handle.net/10.1111/1467-6303.00019 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:4:p:325-326 Template-Type: ReDIF-Article 1.0 Author-Name: Jesse F Dillard Author-X-Name-First: Jesse F Author-X-Name-Last: Dillard Author-Name: Howard L Smith Author-X-Name-First: Howard L Author-X-Name-Last: Smith Title: The Effect of the Prospective Payment System on Rural Health Care Abstract: Medicare’s diagnosis related group based prospective payment system (DRG‐PPS) enables accounting to have a penetrating and significant influence on health care services delivery. In order to appreciate the implications of accounting’s privileged position, it is necessary to go beyond accounting technique, expanding the sphere of inquiry to encompass the socio political conditions. The DRG‐PPS is located within an evolutionary framework of social development in order to investigate the colonization of the health care discourse by the prevailing managerialist rhetoric. The influence of the managerialist policy and policy setting is explored and the actual operational consequences on a set of rural hospitals are presented The empirical analysis suggests that the rural health care sector is strongly influenced by the policy operationalized in the form of the DRG‐PPS. These steering mechanisms are constructing the reality of the rural hospitals and as such are colonizing the local systems. The hospitals’ adminis‐trative skills and structure relative to the prevailing managerialist criteria have been enhanced. However, one is hard put to conclude that these enhancements translate into improved accessibility of health care to rural constituents or enhanced fiscal viability of the rural hospitals. Journal: Accounting Forum Pages: 327-358 Issue: 4 Volume: 23 Year: 1999 Month: 12 X-DOI: 10.1111/1467-6303.00020 File-URL: http://hdl.handle.net/10.1111/1467-6303.00020 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:4:p:327-358 Template-Type: ReDIF-Article 1.0 Author-Name: Pamela Kent Author-X-Name-First: Pamela Author-X-Name-Last: Kent Author-Name: Lois Munro Author-X-Name-First: Lois Author-X-Name-Last: Munro Title: Differential Reporting and the Effect on Loan Evaluations: An Experimental Study Abstract: This study utilises a mixed design laboratory experiment to test the impact of differential reporting on one group of external financial report users— lenders. The results indicate that the judgments of bank loan officers’ assessment of the ability of a borrower to repay, are not significantly affected by differential reporting (in this case, presentation of non‐GAAP financial reports compared to GAAP financial reports). However, bankers request additional information from borrowers when non‐GAAP financial reports are presented. Journal: Accounting Forum Pages: 359-377 Issue: 4 Volume: 23 Year: 1999 Month: 12 X-DOI: 10.1111/1467-6303.00021 File-URL: http://hdl.handle.net/10.1111/1467-6303.00021 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:4:p:359-377 Template-Type: ReDIF-Article 1.0 Author-Name: Kyle B Usrey Author-X-Name-First: Kyle B Author-X-Name-Last: Usrey Title: The New Information Age and International Intellectual Property Law—Emerging and Recurring Issues for the Next Millennium Abstract: This paper examines the impact that globalization and technological advancements, particularly the Internet, have had on world intellectual property law, and will attempt to identify trends and developments for the future. As any good economist or stock market analyst will know, a review of the past and an examination of the present are not perfect indicants or predictors of the future, but together, if understood in proper context, they provide some of the best tools we have for divining the imminent and, perhaps, the inevitable. Accordingly, this paper will begin with an examination of the past and present developments in global intellectual property law, with particular emphasis placed on the Agreement on Trade‐Related Aspects of Intellectual Property (‘TRIPs’) and its requirements, loopholes, and ambiguities. Thereafter, a review of the stakeholders in the intellectual property debate, with special focus on the concerns and demands of developing countries, will take place. Finally, the effects of the collision of newly emerging, high‐tech information with the laggard paradigm of intellectual property law will summon forth some predictions on emerging legal and business issues. Oddly enough, these issues for the next century and beyond will be quite recognizable, even familiar, despite the rapid changes that have occurred with the technological revolution of the last quarter century. Indeed, they never die, but appear merely to be recast in different form. Moreover, the paper will conclude that these historic struggles will never cease, but must, by design, form the essential tensions that characterize intellectual property’s core basis. Journal: Accounting Forum Pages: 378-407 Issue: 4 Volume: 23 Year: 1999 Month: 12 X-DOI: 10.1111/1467-6303.00022 File-URL: http://hdl.handle.net/10.1111/1467-6303.00022 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:4:p:378-407 Template-Type: ReDIF-Article 1.0 Author-Name: K.F Herbohn Author-X-Name-First: K.F Author-X-Name-Last: Herbohn Author-Name: J.L Herbohn Author-X-Name-First: J.L Author-X-Name-Last: Herbohn Title: Accounting for Forests in Social, Economic and Political Contexts Abstract: The current paper investigates the potential implications of the emerging forestry accounting policy—in the form of Discussion Paper No. 23 (DP 23) Accounting for self‐generating and regenerating assets, Exposure Draft No. 83 (ED 83) Self‐generating and regenerating assets, and AASB 1037 Self‐generating and regenerating assets—for the accounting practices of Australian forestry enterprises in the private and public sectors. Since the forestry sector is of political, social and economic significance to a broad range of individuals and groups within society, a theoretical framework is adopted which combines stakeholder, legitimacy and political economy of accounting perspectives. In particular, the current paper is concerned with two major objectives. First, this multi‐perspective theoretical frame‐work is used to discuss the potential implications of the recent developments in forestry accounting policy in light of current forestry accounting practices, and the major economic, political and social factors operating within the forestry sector. This discussion also allows several observations to be made in relation to the due process associated with the development of accounting standards. The second objective of the paper is to use the multi‐perspective theoretical framework to discuss the results of a postal survey of forest managers’ reactions to the forestry accounting regulation. Evidence from the survey of forest managers suggested that there is opposition to mandated environmental disclosures (proposed in DP 23, but not required by AASB 1037), and the introduction of volatility in the bottom line from current market valuations (required by AASB 1037) and recognition of changes in the value of forest assets (required by AASB 1037). Journal: Accounting Forum Pages: 408-440 Issue: 4 Volume: 23 Year: 1999 Month: 12 X-DOI: 10.1111/1467-6303.00023 File-URL: http://hdl.handle.net/10.1111/1467-6303.00023 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:4:p:408-440 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Book Reviews Journal: Accounting Forum Pages: 441-444 Issue: 4 Volume: 23 Year: 1999 Month: 12 X-DOI: 10.1111/1467-6303.00024 File-URL: http://hdl.handle.net/10.1111/1467-6303.00024 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:4:p:441-444 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Index to Volume 23 1999 Journal: Accounting Forum Pages: 445-446 Issue: 4 Volume: 23 Year: 1999 Month: 12 X-DOI: 10.1111/1467-6303.00025 File-URL: http://hdl.handle.net/10.1111/1467-6303.00025 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:4:p:445-446 Template-Type: ReDIF-Article 1.0 Author-Name: Cameron Graham Author-X-Name-First: Cameron Author-X-Name-Last: Graham Author-Name: Dean Neu Author-X-Name-First: Dean Author-X-Name-Last: Neu Title: Accounting for Globalization Abstract: The ‘age of globalization’ is a ubiquitous topic in academic and popular presses, yet the phrase is often used without substance. We argue that if globalization is to be useful as a theoretical construct, then detailed research is required into the concrete and specific mechanisms that constitute globalization. Within accounting literature, prior research on globalization has focussed on the role of financial market liberalization and the harmonization of accounting standards in encouraging the spread of common practices. However, less research energy has been directed to understanding the role of other accounting/financial mechanisms and other agents/institutions. We examine how accounting functions in the context of a number of supranational organizations such as the OECD and the IMF, and look at the international flows of capital, products, information, practices, and people that these organizations serve to regulate. Journal: Accounting Forum Pages: 449-471 Issue: 4 Volume: 27 Year: 2003 Month: 12 X-DOI: 10.1046/j.1467-6303.2003.t01-1-00114.x File-URL: http://hdl.handle.net/10.1046/j.1467-6303.2003.t01-1-00114.x File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:4:p:449-471 Template-Type: ReDIF-Article 1.0 Author-Name: Christine Cooper Author-X-Name-First: Christine Author-X-Name-Last: Cooper Author-Name: Dean Neu Author-X-Name-First: Dean Author-X-Name-Last: Neu Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Globalisation and its Discontents: A Concern about Growth and Globalization Journal: Accounting Forum Pages: 359-364 Issue: 4 Volume: 27 Year: 2003 Month: 12 X-DOI: 10.1046/j.1467-6303.2003.00110.x File-URL: http://hdl.handle.net/10.1046/j.1467-6303.2003.00110.x File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:4:p:359-364 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: The Role of Offshore Financial Centres in Globalization Abstract: Capitalism is inherently crisis‐ridden, but shows little sign of exhausting itself. It continues to develop new ways of reinvigorating itself and generating economic returns for capital. Globalization is considered to be the most advanced phase of capitalism. The Offshore Financial Centres (OFCs; also known as tax havens) are an integral part of globalization. They facilitate growing mobility of finance by providing no/low tax, no/low regulation, secrecy and anonymity to enable footloose capital to roam the world. Their policies play a key role in tax avoidance/evasion, money laundering, flight of capital, degradation of regulation, instability and economic underdevelopment, and have serious consequences for people everywhere. Professional intermediaries, such as accountants and lawyers, play a key role in the development and expansion of OFCs. Despite the veneer of liberal democracy, some OFCs are captured by the finance industry and advance the interests of financial capital. Many OFCs are nurtured and protected by leading Western hegemons with developed capital and financial markets. This paper encourages scholars to study the operations, functions, policies and politics of OFCs by drawing attention to their significance and impact on societies. Journal: Accounting Forum Pages: 365-399 Issue: 4 Volume: 27 Year: 2003 Month: 12 X-DOI: 10.1046/j.1467-6303.2003.t01-2-00111.x File-URL: http://hdl.handle.net/10.1046/j.1467-6303.2003.t01-2-00111.x File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:4:p:365-399 Template-Type: ReDIF-Article 1.0 Author-Name: Jeffery Everett Author-X-Name-First: Jeffery Author-X-Name-Last: Everett Title: Globalization and Its New Spaces for (Alternative) Accounting Research Abstract: This paper explores the idea of globalization and considers accounting's role in that process in order to develop new spaces for accounting research. Adopting an ‘alternative’ view of accounting—one that sees accounting as social and transformative, that pays heed to those voices arguing for greater social and environmental justice, and that draws attention to the role of accounting researchers in the process of globalization—the paper defines globalization and explores some of its material and symbolic, and consumptive and productive, practices. The paper further lays out a number of points attendant with a ‘global economic redesign’, again with the aim of expanding the globalization and accounting research agenda. Journal: Accounting Forum Pages: 400-424 Issue: 4 Volume: 27 Year: 2003 Month: 12 X-DOI: 10.1046/j.1467-6303.2003.t01-1-00112.x File-URL: http://hdl.handle.net/10.1046/j.1467-6303.2003.t01-1-00112.x File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:4:p:400-424 Template-Type: ReDIF-Article 1.0 Author-Name: Jeffrey Unerman Author-X-Name-First: Jeffrey Author-X-Name-Last: Unerman Title: Enhancing Organizational Global Hegemony with Narrative Accounting Disclosures: An Early Example Abstract: Transnational corporations (TNCs) have been an important element in the development of globalisation practices. This paper explores politically related narrative accounting disclosures made by an early TNC (Shell), and analyses how these disclosures might have been used as part of a strategy aimed at protecting and enhancing the political and economic hegemony of Shell (and other oil industry TNCs) in relation to the power of nation states, at a time when Shell was transforming into a TNC. Using a theoretical framework drawn from classical political economy of accounting, it identifies patterns of disclosure consistent with a corporate strategy of protecting and advancing the power and wealth of capital in a global corporation with little regard to the impact this might have had on individual states. Journal: Accounting Forum Pages: 425-448 Issue: 4 Volume: 27 Year: 2003 Month: 12 X-DOI: 10.1046/j.1467-6303.2003.t01-1-00113.x File-URL: http://hdl.handle.net/10.1046/j.1467-6303.2003.t01-1-00113.x File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:4:p:425-448 Template-Type: ReDIF-Article 1.0 Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: Islam and accounting Abstract: Islam commands authority over the totality of a Muslim's being, not accepting any distinction between the sacred and the secular. Economics, politics, religious and social affairs—even accounting—fall under the jurisdiction of the divine law of Islam—the shari'a. In fact, accounting in the broad sense is central to Islam, since accountability to God and the community for all activities is paramount to a Muslim's faith.Based on the shari'a, Islam has formulated a comprehensive ethic governing how business should be run, how accounting ought to be undertaken, and how banking and finance is to be arranged. All of these components pose unique challenges to Islamic accounting. Journal: Accounting Forum Pages: 103-127 Issue: 2 Volume: 25 Year: 2001 Month: 6 X-DOI: 10.1111/1467-6303.00058 File-URL: http://hdl.handle.net/10.1111/1467-6303.00058 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:2:p:103-127 Template-Type: ReDIF-Article 1.0 Author-Name: Jan Bebbington Author-X-Name-First: Jan Author-X-Name-Last: Bebbington Title: Sustainable development: a review of the international development, business and accounting literature Abstract: This paper has been written in response to the perception that ‘sustainable development’ (hereafter SD) and its derivatives are being used in, amongst others, the accounting literature in a way which equates SD development with ‘good environmental management’. Further, the paper assumes that such usage of SD arises, at least in part, from a lack of awareness of the origins of the concept and of the debates which surrounded its origin. The paper, therefore, seeks to remedy this perceived problem by sketching the origins of debates about SD. The literature focused on is the international development literature because it was from this that the Brundtland Report originated. The paper then goes on to briefly outline how SD has been used in the business literature and in the accounting literature and contrasts this usage with its origins. As this task progresses it becomes evident that the meaning of SD is not at all fixed. Rather, SD has been moulded by various discourses to mean a variety of, often mutually exclusive, outcomes. In addition, as the concept has moved from one literature to the next its meaning has been modified as it has been translated into the terminology (and ideology) of the receiving discourse. The main conclusion of this paper, therefore, is that one should be careful about following the business literature and using SD to mean ‘good environmental management’. Rather, from a review of the international development literature it becomes clear that SD was originally thought to address the question: what kind of economic system would lead to everyone's needs being met in an environmentally sustainable and socially just manner? While ‘good environmental management’ is part of the answer to such a question, this paper argues that it is not the core issue at stake. Journal: Accounting Forum Pages: 128-157 Issue: 2 Volume: 25 Year: 2001 Month: 6 X-DOI: 10.1111/1467-6303.00059 File-URL: http://hdl.handle.net/10.1111/1467-6303.00059 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:2:p:128-157 Template-Type: ReDIF-Article 1.0 Author-Name: Lin Tozer Author-X-Name-First: Lin Author-X-Name-Last: Tozer Author-Name: Lindsay Hawkes Author-X-Name-First: Lindsay Author-X-Name-Last: Hawkes Title: Resource consents — intangible fixed assets? Abstract: International attempts to draft an accounting standard (IAS38) which establishes the most widely acceptable treatment for intangible assets have sparked considerable debate. A question has been identified, that of whether the ‘right to do something’, as in permission to act, is in itself an intangible asset. An example is resource consents issued in New Zealand under the Resource Management Act 1991. The aim of this research is to investigate the nature of resource consents as intangible assets, according to ICANZ standards, and to determine the level of disclosure practised by companies listed on the NZSE. It is concluded that details of resource consents held should be disclosed in the annual report as additional non‐financial information. While this view is contrary to the requirements of IAS38 and ED87 it can be argued that the omission of resource consents and other similar intangibles is contrary to the spirit of the true and fair view requirement of the Financial Reporting Act and Generally Accepted Accounting Principles (GAAP). Journal: Accounting Forum Pages: 158-173 Issue: 2 Volume: 25 Year: 2001 Month: 6 X-DOI: 10.1111/1467-6303.00060 File-URL: http://hdl.handle.net/10.1111/1467-6303.00060 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:2:p:158-173 Template-Type: ReDIF-Article 1.0 Author-Name: Robert Beale Author-X-Name-First: Robert Author-X-Name-Last: Beale Author-Name: Howard Davey Author-X-Name-First: Howard Author-X-Name-Last: Davey Title: A single statement of financial performance: its time has come Abstract: At present, entities in several countries report a ‘traditional’ measure of financial performance in the statement of financial performance, and a measure of comprehensive income in a separate statement, such as a statement of changes in equity. In 1999, members of the Institute of Chartered Accountants of New Zealand were surveyed to obtain their views on whether a single statement of financial performance should be introduced. The findings provided strong support for the introduction of a single statement, and the preferred method of presentation was a statement that discloses both the modified historical cost net surplus and comprehensive income. Journal: Accounting Forum Pages: 174-188 Issue: 2 Volume: 25 Year: 2001 Month: 6 X-DOI: 10.1111/1467-6303.00061 File-URL: http://hdl.handle.net/10.1111/1467-6303.00061 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:2:p:174-188 Template-Type: ReDIF-Article 1.0 Author-Name: Abu Shiraz Rahaman Author-X-Name-First: Abu Shiraz Author-X-Name-Last: Rahaman Author-Name: Stewart Lawrence Author-X-Name-First: Stewart Author-X-Name-Last: Lawrence Title: Public sector accounting and financial management in a developing country organisational context: a three‐dimensional view Abstract: There is a large literature which reports inadequacies in public sector accounting and financial management systems and practices in contemporary developing countries. In this paper we explore the conventional view about the widespread deficiency of public sector accounting and financial management in developing countries. The concept of deficiency is reviewed and then examined through a case study of the Volta River Authority (VRA) in Ghana. We pursue this objective by analysing the empirical evidence in a three‐dimensional fashion i.e. from a technical rational perspective, socio‐historical perspective and socio‐economic development perspective. It is found that although the accounting systems at the VRA are technically sound and well operated, they mask deeper ‘deficiencies’ which become apparent through an appreciation of the socio‐political context in which the VRA operates. Also, they hinder the achievement of the original objective of the VRA, the socio‐economic development of the country. This may reflect a general ‘deficiency’ of accounting systems based on the entity concept. Journal: Accounting Forum Pages: 189-210 Issue: 2 Volume: 25 Year: 2001 Month: 6 X-DOI: 10.1111/1467-6303.00062 File-URL: http://hdl.handle.net/10.1111/1467-6303.00062 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:2:p:189-210 Template-Type: ReDIF-Article 1.0 Author-Name: Aris Solomon Author-X-Name-First: Aris Author-X-Name-Last: Solomon Title: Could Corporate Environmental Reporting Shadow Financial Reporting? Abstract: This paper reports the findings of a postal questionnaire survey investigating a possible implicit conceptual framework for corporate environmental reporting (CER) in the UK. Attitudes towards several aspects of a possible conceptual framework are surveyed: users; qualitative characteristics; elements; verification; bearing the cost, and; time period and communication. The empirical findings are used to assess the extent to which CER could shadow corporate financial reporting in the UK. A major aspect of the research is to compare the attitudes of three groups of respondents towards a possible implicit conceptual framework for CER in the UK, namely a normative, interested party and company group. Overall, the empirical findings indicate that CER could shadow financial reporting in terms of its implicit conceptual framework, in relation to users, qualitative characteristics, verification, bearing the cost, and time period and communication. An unavoidable difference between CER and financial reporting may be in the area of elements. A clear policy recommendation following these results is that it would be expedient to encourage the shadowing of financial reporting by CER in order to improve the quality and increase the quantity of CER in the UK. Journal: Accounting Forum Pages: 30-55 Issue: 1 Volume: 24 Year: 2000 Month: 3 X-DOI: 10.1111/1467-6303.00028 File-URL: http://hdl.handle.net/10.1111/1467-6303.00028 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:1:p:30-55 Template-Type: ReDIF-Article 1.0 Author-Name: David Owen Author-X-Name-First: David Author-X-Name-Last: Owen Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Social And Environmental Accounting: Trends And Directions For The Future Journal: Accounting Forum Pages: 1-4 Issue: 1 Volume: 24 Year: 2000 Month: 3 X-DOI: 10.1111/1467-6303.00026 File-URL: http://hdl.handle.net/10.1111/1467-6303.00026 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:1:p:1-4 Template-Type: ReDIF-Article 1.0 Author-Name: Jeff Everett Author-X-Name-First: Jeff Author-X-Name-Last: Everett Author-Name: Dean Neu Author-X-Name-First: Dean Author-X-Name-Last: Neu Title: Ecological Modernization And The Limits Of Environmental Accounting? Abstract: In the marketplace of ideas the discourse of ecological modernization— with its emphasis on win‐win solutions, the need for universal regulation and appeals to science—has been popular of late. Environmental accounting (EA) literatures have not been immune to the attractions of ecological modernization ideas. The strategic positioning of EA research within the discourse of ecological modernization has undoubtedly provided EA with much needed visibility and legitimacy within the academic community, and has likely encouraged corporations to ‘support’ (both in financial and ideological terms) the work of EA. Yet this discourse may ultimately be limiting. In this critical commentary we propose that the ‘ideological effect’ of ecological modernization is such that the intersection of ecological and social realms is ignored and issues of social justice are effectively erased, despite this discourse’s ‘radical’ or ‘critical’ aspirations. In other words, ecological modernization is a discourse of the status quo. Overall, EA’s harmonization with this discourse has the (un)intended effect of convincing us that the system is working, that ‘progress is being made.’ This distracts us from asking difficult questions regarding the role of environmental accounting in perpetuating unequal and exploitative social relations. Journal: Accounting Forum Pages: 5-29 Issue: 1 Volume: 24 Year: 2000 Month: 3 X-DOI: 10.1111/1467-6303.00027 File-URL: http://hdl.handle.net/10.1111/1467-6303.00027 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:1:p:5-29 Template-Type: ReDIF-Article 1.0 Author-Name: Carol Adams Author-X-Name-First: Carol Author-X-Name-Last: Adams Author-Name: George Harte Author-X-Name-First: George Author-X-Name-Last: Harte Title: Making Discrimination Visible: the Potential for Social Accounting Abstract: We live in a world of immense inequality, poverty and violence. For some the lack of opportunity to achieve their full potential and contribute to a more civilised society is denied them because they look or behave differently, come from the ’wrong’ background, or were simply born in the ’wrong’ part of the world. Many groups, including women, ethnic minorities, ’disabled’ people, gays, lesbians, and others because of their religious beliefs, are discriminated against. In this paper we explore accounting’s potential to reveal discrimination in employment 1 .We do not offer accounting as a simple solution, but rather explore its enabling potential. Finally we consider what form an accounting to make discrimination visible might take and how it might be introduced. Journal: Accounting Forum Pages: 56-79 Issue: 1 Volume: 24 Year: 2000 Month: 3 X-DOI: 10.1111/1467-6303.00029 File-URL: http://hdl.handle.net/10.1111/1467-6303.00029 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:1:p:56-79 Template-Type: ReDIF-Article 1.0 Author-Name: David J. Campbell Author-X-Name-First: David J. Author-X-Name-Last: Campbell Title: Legitimacy Theory or Managerial Reality Construction? Corporate Social Disclosure in Marks and Spencer Plc Corporate Reports, 1969–1997 Abstract: This paper sets out to make some comment on the debate surrounding explanatory theories for the phenomenon of voluntary social disclosure. It notes that two explanations appear from the literature to be most prominent: legitimacy theory and political‐economy of accounting explanations, both of which are consistent with a stakeholder understanding of the organization‐society relationship. The published annual corporate reports of the British retailer Marks and Spencer Plc are analyzed over the period 1969–1997 inclusive with a view to providing insight into the causes of variability in the volume of social disclosure. The scope of sample selection in previous empirical studies is discussed and commented upon. Methods of data capture used in this empirical analysis are discussed. The paper finds that whilst the expected upward trend in CSR is notable, the more interesting feature in the longitudinal analysis is the variability in disclosure between chairmen’s terms in office. It is argued that marginal variability of disclosure can be explained by the varying perceptions of reality of the successive chairmen. The limitations of existing theories as explicators of the observed phenomenon are briefly discussed. Journal: Accounting Forum Pages: 80-100 Issue: 1 Volume: 24 Year: 2000 Month: 3 X-DOI: 10.1111/1467-6303.00030 File-URL: http://hdl.handle.net/10.1111/1467-6303.00030 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:1:p:80-100 Template-Type: ReDIF-Article 1.0 Author-Name: Craig Deegan Author-X-Name-First: Craig Author-X-Name-Last: Deegan Author-Name: Michaela Rankin Author-X-Name-First: Michaela Author-X-Name-Last: Rankin Author-Name: Peter Voght Author-X-Name-First: Peter Author-X-Name-Last: Voght Title: Firms' Disclosure Reactions to Major Social Incidents: Australian Evidence Abstract: This study examines the reaction of Australian firms, in terms of annual report disclosure, to five major social incidents. These incidents had significant implications for either the environment, or the safety of both employees and community members. The incidents reviewed are the Exxon Valdez and Bhopal disasters; the Moura Mine disaster in Queens‐land; an oil spill, caused by the Iron Baron, off the coast of Tasmania; and the Kirki oil spill, off the coast of Western Australia.Studies of this nature have previously been restricted to the examination of US company disclosure (e.g. Patten 1992; Blacconiere and Patten 1994), or the stock market reaction to such events in the US (e.g. Blacconiere and Patten 1994). The results of this study indicate that, following four of the incidents, sample firms operating in the affected industries provided more social information in their annual reports than they did prior to the incidents occurrence. These results support a view that organizations utilize their annual report as a means of influencing society's perception of their operations, and as a means of legitimizing their ongoing existence. The strategic nature of voluntary annual report disclosures is emphasized. Journal: Accounting Forum Pages: 101-130 Issue: 1 Volume: 24 Year: 2000 Month: 3 X-DOI: 10.1111/1467-6303.00031 File-URL: http://hdl.handle.net/10.1111/1467-6303.00031 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:1:p:101-130 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Accounting Millennium Themes: Toward Accounting in a Steady‐State Journal: Accounting Forum Pages: 211-213 Issue: 3 Volume: 25 Year: 2001 Month: 9 X-DOI: 10.1111/1467-6303.00063 File-URL: http://hdl.handle.net/10.1111/1467-6303.00063 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:3:p:211-213 Template-Type: ReDIF-Article 1.0 Author-Name: Christine Cooper Author-X-Name-First: Christine Author-X-Name-Last: Cooper Title: From Women's Liberation to Feminism: Reflections in Accounting Academia Abstract: This paper argues that women from different economic, social and geographical background have to confront a myriad of problems. For the majority of women these problems are class based. While it is undeniably the case that the women's movement has made significant gains, they have largely favoured middle and upper class white women. In this sense women's liberation, as a liberation movement has been largely incorporated within society and the state. Much contemporary feminism has taken up residence in universities and is concerned with theories rather than issues. Despite the incorporation of “feminism” into the status quo, there has been a backlash against women and feminism in the form of neo‐Darwinist Evolutionary Psychology. This paper considers some of the debates surrounding Evolutionary Psychology and how they apply to mainstream accounting. The paper also considers contemporary gender writing in accounting relating it back to the stand taken in the paper that bourgeois feminism has made the best recent political, economic and social gains. These might turn out to be at the expense of the majority of women. Journal: Accounting Forum Pages: 214-245 Issue: 3 Volume: 25 Year: 2001 Month: 9 X-DOI: 10.1111/1467-6303.00064 File-URL: http://hdl.handle.net/10.1111/1467-6303.00064 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:3:p:214-245 Template-Type: ReDIF-Article 1.0 Author-Name: Brendan Mcsweeney Author-X-Name-First: Brendan Author-X-Name-Last: Mcsweeney Title: Narratives and Numbers: From Acontextual to Contextualized Financial Analysis Abstract: The paper considers the analysis of externally available data from corporations—usually called ‘financial analysis’. It challenges the value of analysis that merely uses financial data. It argues that the insights obtainable from interpretation of such data alone—no matter how sophisticated the techniques employed—are necessarily thin. Key limits of such acontextual analysis and the merits of an approach that incorporates theories about, and data from, the analysand's contexts are illustrated through a discussion of a number of case studies. Journal: Accounting Forum Pages: 246-263 Issue: 3 Volume: 25 Year: 2001 Month: 9 X-DOI: 10.1111/1467-6303.00065 File-URL: http://hdl.handle.net/10.1111/1467-6303.00065 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:3:p:246-263 Template-Type: ReDIF-Article 1.0 Author-Name: David L. Owen Author-X-Name-First: David L. Author-X-Name-Last: Owen Author-Name: Tracey Swift Author-X-Name-First: Tracey Author-X-Name-Last: Swift Author-Name: Karen Hunt Author-X-Name-First: Karen Author-X-Name-Last: Hunt Title: Questioning the Role of Stakeholder Engagement in Social and Ethical Accounting, Auditing and Reporting Abstract: Recent years have witnessed a remarkable resurgence of academic, professional and corporate interest in the area of social and ethical accounting, auditing and reporting (SEAAR). One striking common feature of the myriad of initiatives taking place lies in an apparent concern to address the information needs of organisational stakeholders via the promotion of dialogue and engagement. Drawing on a programme of short interviews with corporate managers, representatives of the ‘big five’, consultants and NGOs active in the field, this paper suggests that despite seemingly endorsing active stakeholder engagement current SEAAR practice amounts to little more than corporate spin. An overwhelming concern with promoting the ‘business case’ in developing SEAAR together with a profound reluctance to address the issue of corporate governance largely removes any potential for enhancing the accountability and transparency of powerful economic organisations. Most fundamentally, failure to address the crucial dimension of corporate power robs current SEAAR of a much needed radical edge. Journal: Accounting Forum Pages: 264-282 Issue: 3 Volume: 25 Year: 2001 Month: 9 X-DOI: 10.1111/1467-6303.00066 File-URL: http://hdl.handle.net/10.1111/1467-6303.00066 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:3:p:264-282 Template-Type: ReDIF-Article 1.0 Author-Name: Amanda Ball Author-X-Name-First: Amanda Author-X-Name-Last: Ball Title: Discovering its Own Relevance? Reflections on the ‘New’ Management Accounting in the Public Sector Abstract: The observation that accounting is central to an on‐going drive to reform the public sector is hardly new. The case of benchmarking, however, illustrates that a ‘new management accounting’ has been appropriated by public sector reformers and the accountants who serve information ‘needs’ generated by the dichotomous ‘problem’ of central governmental fiscal control versus decentralised empowerment. The case of benchmarking illustrates how, via its rhetorical power, the ‘new management accounting’ plays a central role in legitimising old demands placed on accounting. Caught up in the discourse of new public financial management reforms, accounting in the public sector is mired in a search for its own ‘relevance’. Journal: Accounting Forum Pages: 283-299 Issue: 3 Volume: 25 Year: 2001 Month: 9 X-DOI: 10.1111/1467-6303.00067 File-URL: http://hdl.handle.net/10.1111/1467-6303.00067 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:3:p:283-299 Template-Type: ReDIF-Article 1.0 Author-Name: Rick Sarre Author-X-Name-First: Rick Author-X-Name-Last: Sarre Author-Name: Meredith Doig Author-X-Name-First: Meredith Author-X-Name-Last: Doig Author-Name: Brenton Fiedler Author-X-Name-First: Brenton Author-X-Name-Last: Fiedler Title: Reducing the Risk of Corporate Irresponsibility: The Trend to Corporate Social Responsibility Abstract: What can be done to control and minimise the risk of corporate irresponsibility? This question has been raised anew in Australia with the collapse in May 2001 of the nation's second largest general insurer HIH leaving a A$4 billion (US$2 billion) shortfall. The official regulator, the Australian Prudential Regulation Authority (APRA), claimed a lack of resources contributed to its neglect. The auditors claimed that they had been given incorrect information. The government suggested tightening the law and enforcing more rigorously its criminal sanctions. The problem, however, lies with the misconception that such fiascos can be avoided by governments creating and enforcing appropriate rules. This is simply not the case. For while legislation and regulatory mechanisms that seek to enforce organisational rules and policies are necessary, they are simply not sufficient to establish and entrench corporate accountability and responsibility. In this paper, the authors demonstrate how corporate entities can and should develop a ‘culture’ of corporate social responsibility (CSR) in order to reduce the risks associated with irresponsible practices. CSR principles and initiatives can be delivered and enticed by a broad range of facilitators, including governments, industries and regulatory bodies. They can also be used for the purpose of enhancing the broader notion of corporate governance. The authors illustrate the manner in which CSR initiatives can and should become fundamental tools of risk assessment and risk management in modern corporate and organisational practice. Journal: Accounting Forum Pages: 300-317 Issue: 3 Volume: 25 Year: 2001 Month: 9 X-DOI: 10.1111/1467-6303.00068 File-URL: http://hdl.handle.net/10.1111/1467-6303.00068 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:3:p:300-317 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Global Accountability and Sustainability: Research Prospects Journal: Accounting Forum Pages: 219-232 Issue: 3-4 Volume: 26 Year: 2002 Month: 9 X-DOI: 10.1111/1467-6303.00087 File-URL: http://hdl.handle.net/10.1111/1467-6303.00087 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:3-4:p:219-232 Template-Type: ReDIF-Article 1.0 Author-Name: Russell Craig Author-X-Name-First: Russell Author-X-Name-Last: Craig Title: Conjectures on accounting education in Tasmania, 1803 to 1833: the convict, the classicist and the cleric Abstract: This paper provides biographical portraits of several of the teachers and entrepreneurs implicated in the introduction of accounting education to the convict–based British colonial settlement on Tasmania, 1803–1833. A tapestry of enigmatic and colourful characters is revealed: a convicted forger, a bankrupted ‘classicist’, and a cleric with a Bachelor of Arts degree from Oxford. Their experiences as pioneer teachers and promoters of accounting in Australia's second oldest British settlement (after Sydney) give cause for modern day teachers of accounting to pause to reflect before complaining about the conditions of their work. The paper provides a piece of the foundational bedrock that is necessary for a fuller understanding of how accounting was propagated in Australia and in similar societies. Journal: Accounting Forum Pages: 233-244 Issue: 3-4 Volume: 26 Year: 2002 Month: 9 X-DOI: 10.1111/1467-6303.00088 File-URL: http://hdl.handle.net/10.1111/1467-6303.00088 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:3-4:p:233-244 Template-Type: ReDIF-Article 1.0 Author-Name: Darrin Grimsey Author-X-Name-First: Darrin Author-X-Name-Last: Grimsey Author-Name: Mervyn K. Lewis Author-X-Name-First: Mervyn K. Author-X-Name-Last: Lewis Title: Accounting for Public Private Partnerships Abstract: A public–private partnership (PPP) can be defined as a cooperative arrangement between the public and private sectors for the sharing of the risks and responsibilities for the provision of asset–based (infrastructure) services. The long–term contractual nature of the business relationship leads to difficult financial issues, related to taxation, cash flow budgeting and disclosure rules. In addition, the number of entities with an interest in the outcome puts a premium on accountability in the broad sense. Neither traditional models of public sector accountability nor those developed for private sector entities are adequate. A new paradigm is required which takes into account the complexity of the risk–sharing mechanisms and identifies clearly the rights and responsibilities of the various partners. Journal: Accounting Forum Pages: 245-270 Issue: 3-4 Volume: 26 Year: 2002 Month: 9 X-DOI: 10.1111/1467-6303.00089 File-URL: http://hdl.handle.net/10.1111/1467-6303.00089 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:3-4:p:245-270 Template-Type: ReDIF-Article 1.0 Author-Name: Dean Neu Author-X-Name-First: Dean Author-X-Name-Last: Neu Author-Name: Elizabeth Ocampo gomez Author-X-Name-First: Elizabeth Author-X-Name-Last: Ocampo gomez Author-Name: Omar García Ponce de león Author-X-Name-First: Omar García Author-X-Name-Last: Ponce de león Author-Name: Margarita Flores zepeda Author-X-Name-First: Margarita Author-X-Name-Last: Flores zepeda Title: ‘Facilitating’ globalization processes: Financial technologies and the World Bank Abstract: This article examines how the World Bank operates as a coordinating agency within the field of higher education and how its specific financial technologies operate as the carriers of globalization practices. By focusing on organizations such as the World Bank, we can identify and trace the mechanisms through which globalization practices are diffused. We do so by identifying and discussing the three main activities used by the World Bank to wield its authority and influence: lending, technical assistance, and the publication of reports. Journal: Accounting Forum Pages: 271-290 Issue: 3-4 Volume: 26 Year: 2002 Month: 9 X-DOI: 10.1111/1467-6303.00090 File-URL: http://hdl.handle.net/10.1111/1467-6303.00090 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:3-4:p:271-290 Template-Type: ReDIF-Article 1.0 Author-Name: Cheryl R. Lehman Author-X-Name-First: Cheryl R. Author-X-Name-Last: Lehman Author-Name: Fahrettin Okcabol Author-X-Name-First: Fahrettin Author-X-Name-Last: Okcabol Title: The Global Audit Abstract: This paper reviews ‘international accounting’ as it has been defined in the US in the past two decades. Unsurprisingly, a world of increasing cross border flows of workers, capital, and ideas, results in global perspectives in financial reporting practices and auditing. Yet our review of international accounting ‘disappoints’: we find a prevalence of harmonization and comparability issues and, as such, a myopia, restricting the range of potential issues for global accounting practice, research, and education. Audit policy does include verification of immigration regulations whereby US Generally Accepted Accounting Principles dictate that auditors must investigate potential liabilities or penalties that accrue to firms for non–compliance. In reviewing audit practices we conclude that auditors have not fully complied with the spirit of regulations and that this has significant implications for immigration debates. Moreover, we suggest that immigration issues, with inherently complex economic and social consequences, offer many possible contributions for the discipline to consider, as part of international accounting. Immigration debates increasingly include quantification of the costs and benefits of immigration; they include forms of regulation of immigrants in the work place; and they weigh the efficacy of different levels of immigration. Although these issues have been ignored by accounting researchers, we suggest this would be a ‘natural’ domain for accountants, given the role of accounting in providing data, quantification, and advice in numerous international arenas. Journal: Accounting Forum Pages: 291-319 Issue: 3-4 Volume: 26 Year: 2002 Month: 9 X-DOI: 10.1111/1467-6303.00091 File-URL: http://hdl.handle.net/10.1111/1467-6303.00091 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:3-4:p:291-319 Template-Type: ReDIF-Article 1.0 Author-Name: John K. Courtis Author-X-Name-First: John K. Author-X-Name-Last: Courtis Author-Name: Omar Abdullah Zaid Author-X-Name-First: Omar Abdullah Author-X-Name-Last: Zaid Title: Early employment problems of Australian accounting graduates: An exploratory study Abstract: The mail questionnaire methodology was used to gather perception–based data about problems experienced by Australian graduate accountants in their early employment. Large samples of graduate accountants, their employers and academic accountants supplied the data upon which the analysis and discussion are based. Six major problem areas were identified with surprising general agreement between the respondent groups with regard to the basis of these problems and recommended solutions. Problems arise as a consequence of an expectations gap between employer and employee, a gap that is mostly consequent on deficiencies in the educational package and from a lack of practical ability. Problems also occur contemporaneously from non–employer sources. This is the first systematically–gathered evidence upon which policymaking can be based, and hence we took the opportunity to extend the discussion into a consideration of solutions that might minimize costs to the profession, the individuals concerned, and society. Journal: Accounting Forum Pages: 320-339 Issue: 3-4 Volume: 26 Year: 2002 Month: 9 X-DOI: 10.1111/1467-6303.00092 File-URL: http://hdl.handle.net/10.1111/1467-6303.00092 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:3-4:p:320-339 Template-Type: ReDIF-Article 1.0 Author-Name: Dean Neu Author-X-Name-First: Dean Author-X-Name-Last: Neu Title: Banal Accounts: Subaltern Voices Abstract: In this review essay I argue that accounting research as it is currently constituted can be viewed as a banal practice in that the majority of research is largely insulated from and irrelevant to the majority of the world’s population. Starting from prior research on “subalternity” I propose that accounting research is primarily a practice of the center, that the institutional field of accounting contributes to the unoriginal and partisan nature of accounting research, and finally that a consideration of the social location of accounting scholarship provides a tentative vantage point for decreasing the insularity and increasing the relevance of accounting research. Journal: Accounting Forum Pages: 319-333 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00069 File-URL: http://hdl.handle.net/10.1111/1467-6303.00069 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:319-333 Template-Type: ReDIF-Article 1.0 Author-Name: Malcolm Smith Author-X-Name-First: Malcolm Author-X-Name-Last: Smith Author-Name: Jo‐anne Kestel Author-X-Name-First: Jo‐anne Author-X-Name-Last: Kestel Author-Name: Peter Robinson Author-X-Name-First: Peter Author-X-Name-Last: Robinson Title: Economic Recession, Corporate Distress and Income Increasing Accounting Policy Choice Abstract: In late 1997 much of the Asian region experienced a major economic downturn. Such economic conditions can give rise to external pressure on corporate managers, so that they react to this pressure by changing accounting policy choice.The present paper is set in a time period in Australian corporate history when there was also a substantial economic downturn. In that context, the present study examines the use of income increasing policy choice by stock exchange listed companies. In particular, we look at whether companies experiencing financial distress are more inclined to use income increasing policy choice than ‘healthy’ companies. Prior research supports the view that managers of ‘financially troubled’ firms try to lift reported income, thereby disclosing more favourable performance measurements and avoiding default of loan agreements and/or enhancing their own wealth.The results show the use of income increasing policy choice does not increase monotonically with the level of financial distress. In particular, we show that firms classified as ‘distressed’ which do not subsequently fail in the short term, show a significant tendency to increase reported income using changes in accounting policy. However, firms which subsequently fail within the short term do not select income increasing techniques more frequently than ‘healthy’ firms.One reason why firms that fail in the short term may not engage in income increasing policy choice is the clear prospect of imminent ex post settling up (including litigation against former directors, auditors and others) which can occur following corporate failure. Such costs are not widely recognized in the tests of accounting policy choice which rely on indicators of financial health such as leverage or interest coverage. Journal: Accounting Forum Pages: 334-352 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00070 File-URL: http://hdl.handle.net/10.1111/1467-6303.00070 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:334-352 Template-Type: ReDIF-Article 1.0 Author-Name: Desley Sands Author-X-Name-First: Desley Author-X-Name-Last: Sands Author-Name: Pak Auyeung Author-X-Name-First: Pak Author-X-Name-Last: Auyeung Title: An Empirical Study of Bank Loan Officers’ Functional Fixation on Agricultural Co‐operatives and their Reported Earnings Abstract: There has been a long held perception of bias against Australian agricultural co‐operatives in the debt capital market. This perception may be attributable to the possibility that bank loan officers are functionally fixated on the reported earnings of co‐operatives and on an entity type in forming their loan decisions. The independent variable in this study is comprised of the manipulated information content of financial variables which incorporate entity type choice and accounting policy choice, and is measured at four treatment levels of reporting. The dependent variables are comprised of the three loan officer decisions: interest rate above prime, need for extra information, and importance of financial variables. The results obtained do not support the hypothesis of functional fixation on reported earnings and on an entity title. Journal: Accounting Forum Pages: 353-379 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00071 File-URL: http://hdl.handle.net/10.1111/1467-6303.00071 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:353-379 Template-Type: ReDIF-Article 1.0 Author-Name: M.R. Mathews Author-X-Name-First: M.R. Author-X-Name-Last: Mathews Title: Whither (or Wither) Accounting Education in the New Millennium Abstract: This paper attempts to stimulate interest in the development of accounting education. The various approaches adopted in five English speaking countries are outlined. The accounting education literature is reviewed and found to contain relatively little on curriculum development, excepting where this is a part of ‘official’ reports on the state of accounting education and associated problems. The most recent of these reports (Albrecht and Sack, 2000) observed that institutions should make strategic decisions about the types of programmes that they choose to offer, and that the ‘one size fits all’ approach is outdated. This paper then proposes that, in Australia and New Zealand thought be given to moving accounting education away from the large‐scale undergraduate teaching scenario and towards a graduate entry ‘conversion’ approach. Journal: Accounting Forum Pages: 380-394 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00072 File-URL: http://hdl.handle.net/10.1111/1467-6303.00072 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:380-394 Template-Type: ReDIF-Article 1.0 Author-Name: Jesse F. Dillard Author-X-Name-First: Jesse F. Author-X-Name-Last: Dillard Title: What is the Real Problem Whither (or Wither) Accounting Education in the New Millennium? Journal: Accounting Forum Pages: 395-397 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00073 File-URL: http://hdl.handle.net/10.1111/1467-6303.00073 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:395-397 Template-Type: ReDIF-Article 1.0 Author-Name: Scott Henderson Author-X-Name-First: Scott Author-X-Name-Last: Henderson Title: The Education of Accountants—A Comment Journal: Accounting Forum Pages: 398-401 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00074 File-URL: http://hdl.handle.net/10.1111/1467-6303.00074 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:398-401 Template-Type: ReDIF-Article 1.0 Author-Name: C. Richard Baker Author-X-Name-First: C. Richard Author-X-Name-Last: Baker Title: Whether there is an Accounting Profession? A Commentary on “Whither (or Wither) Accounting Education in the New Millennium” by M.R. Mathews Journal: Accounting Forum Pages: 402-404 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00075 File-URL: http://hdl.handle.net/10.1111/1467-6303.00075 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:402-404 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Index to Volume 25, 2001 Journal: Accounting Forum Pages: 405-406 Issue: 4 Volume: 25 Year: 2001 Month: 12 X-DOI: 10.1111/1467-6303.00076 File-URL: http://hdl.handle.net/10.1111/1467-6303.00076 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:25:y:2001:i:4:p:405-406 Template-Type: ReDIF-Article 1.0 Author-Name: Helen Irvine Author-X-Name-First: Helen Author-X-Name-Last: Irvine Title: Trust me! A personal account of confidentiality issues in an organisational research project Abstract: Organisations, particularly those that depend on donations from the public, care a great deal about the image they present to society. This makes them especially sensitive about confidentiality when it comes to details of their accounting systems and financial affairs. Organisational, technical and personal factors determine the strategies adopted for encouraging trust and respecting confidentiality while undertaking research in such organisations. This is a personal account of some of the confidentiality issues that arose during a qualitative research project within a large religious/charitable organisation. It illustrates the importance and challenges of maintaining confidentiality in that and other contexts. Journal: Accounting Forum Pages: 111-131 Issue: 2 Volume: 27 Year: 2003 Month: 6 X-DOI: 10.1111/1467-6303.00098 File-URL: http://hdl.handle.net/10.1111/1467-6303.00098 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:2:p:111-131 Template-Type: ReDIF-Article 1.0 Author-Name: Michael John Jones Author-X-Name-First: Michael John Author-X-Name-Last: Jones Author-Name: Jason Zezhong Xiao Author-X-Name-First: Jason Zezhong Author-X-Name-Last: Xiao Title: Internet reporting: Current trends and trends by 2010 Abstract: This paper reports the views of the immediate trends and trends by 2010 in Internet‐based financial reporting provided by 19 experts in accounting and/or the Internet. Specifically, this paper reports these expert's predictions on what will and will not happen, when it will happen and what will be different between these two time periods. The predictions were obtained through two stages: an open ended questionnaire and a structured Likert scale questionnaire which was subsequently constructed. According to our experts, many predictions found in the prior literature will materialise (such as the Internet will become increasingly important in disseminating corporate information). However, the experts also rejected some prior forecasts (such as free access to disaggregated corporate data and real‐time reporting). Many aspects of financial reporting will remain the same between the two time periods although there will be significant differences. Our experts portrayal of the future of Internet reporting can be seen as a ladder. Issues of importance at the lower rungs of the ladder are more basic (such as the survival of the hardcopy reports); while at the higher rungs of the ladder issues are more complex (for instance, the possibility of real‐time reporting and continuous auditing). Journal: Accounting Forum Pages: 132-165 Issue: 2 Volume: 27 Year: 2003 Month: 6 X-DOI: 10.1111/1467-6303.00099 File-URL: http://hdl.handle.net/10.1111/1467-6303.00099 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:2:p:132-165 Template-Type: ReDIF-Article 1.0 Author-Name: David J. Karmon Author-X-Name-First: David J. Author-X-Name-Last: Karmon Author-Name: Dwight M. Owsen Author-X-Name-First: Dwight M. Author-X-Name-Last: Owsen Title: The role of academic research in policy debates: a 1990 survey of student responses to the 150‐hour rule Abstract: Accounting professionals have been disappointed in the 150‐hour rule's impact on attracting high quality students to the accounting profession and directing them to the appropriate type of preparation for entry level positions. Rather than attracting good students to the accounting profession, the rule is viewed as a barrier to entry and students are encouraged to specialize too early in their career rather than get the broad educational background envisioned by its proponents. This paper presents a survey that indicated these negative consequences were possible, but it was not published by accounting journals. Journal editors may have been influenced by the AICPA's and AAA's campaign to implement the 150‐hour rule and were hesitant to publish findings that cast doubt on realizing the benefits touted by proponents. The lesson to be learned is that academic journals should provide research that supports debate of controversial issues and not skew the outcome of the debate by allowing only research that favors one position to be published. Journal: Accounting Forum Pages: 166-184 Issue: 2 Volume: 27 Year: 2003 Month: 6 X-DOI: 10.1111/1467-6303.00100 File-URL: http://hdl.handle.net/10.1111/1467-6303.00100 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:2:p:166-184 Template-Type: ReDIF-Article 1.0 Author-Name: Paul J.m. Klumpes Author-X-Name-First: Paul J.m. Author-X-Name-Last: Klumpes Title: The hidden public pension obligations in six European states: a generational accounting perspective Abstract: Prior accounting research has assumed that public sector pensions are fully funded. However, with ageing populations, many European governments provide old age social security by implicitly transferring wealth from a declining base of younger generation contributors to a growing number of older generation pension recipients. Generational accounting is applied to measure obligations of six European governments to these unfunded, pay‐as‐you‐go pension systems (PAYG). Generational accounts for each of five generational cohorts in respect of unfunded PAYG obligations of six European governments are projected over the period 1990–2050, showed that the extent of inter‐generational transfers is related to differences in labour participation rates, generosity and scope of the public pension system, and the age dependency ratio. Journal: Accounting Forum Pages: 185-200 Issue: 2 Volume: 27 Year: 2003 Month: 6 X-DOI: 10.1111/1467-6303.00101 File-URL: http://hdl.handle.net/10.1111/1467-6303.00101 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:2:p:185-200 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: Resisting the auditing industry: the case of the Sound Diffusion Action Group Abstract: Protest groups and political activism are a common feature of modern societies. In pursuit of rights, justice and fairness, loosely organised protest groups frequently mount resistance to challenge contemporary power relations. In contrast, little is known about the actions of any protest groups challenging the hegemony of the UK accountancy firms who enjoy a statutory monopoly of the external audit function. Against the background of the contested terrain of auditor/accountant liability to third parties, this paper examines the formation and the actions of the Sound Diffusion Action Group (SDAG) which mobilised a group of small UK investors to seek compensation from an accountancy firm for alleged failures. Despite having little financial and legal resource, the SDAG organised nearly 2,000 court cases to secure compensation. The SDAG's tactics, modes of organisation and engagement offer some reflections on how ordinary people develop strategies to resist major organisations. The case study also offers some reflections upon the state‐profession relationship. Journal: Accounting Forum Pages: 201-223 Issue: 2 Volume: 27 Year: 2003 Month: 6 X-DOI: 10.1111/1467-6303.00102 File-URL: http://hdl.handle.net/10.1111/1467-6303.00102 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:2:p:201-223 Template-Type: ReDIF-Article 1.0 Author-Name: Chris Van staden Author-X-Name-First: Chris Author-X-Name-Last: Van staden Title: The relevance of theories of political economy to the understanding of financial reporting in South Africa: the case of value added statements Abstract: In South Africa there has been a sustained increase in the level of publication of the value added statement since the mid 1980s. Currently nearly 50% of all companies listed on the Johannesburg Stock Exchange publish a value added statement as part of their annual financial statements and a much higher proportion of the top 100 companies in the industrial sector publish the statement. The aim of this research is to contribute towards an understanding of the motivation for the sustained high level of publication of the value added statement, which is confined to South Africa at present.The findings indicate that legitimacy theory and the political economy of accounting theory provide the best explanation for the continued publication of the statement in South Africa. Evidence was also found that supports the use of the value added statement for legitimising current action and behaviour rather than reporting objectively on social issues. This paper extends the literature on legitimacy theory to a social disclosure, the publication of the value added statement. It also contributes to the literature by showing that legitimising behaviour is also observed when a major political change brings uncertainty as to society's expectations of the economic system and the role of private enterprise. Journal: Accounting Forum Pages: 224-245 Issue: 2 Volume: 27 Year: 2003 Month: 6 X-DOI: 10.1111/1467-6303.00103 File-URL: http://hdl.handle.net/10.1111/1467-6303.00103 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:2:p:224-245 Template-Type: ReDIF-Article 1.0 Author-Name: Rob Gray Author-X-Name-First: Rob Author-X-Name-Last: Gray Author-Name: James Guthrie Author-X-Name-First: James Author-X-Name-Last: Guthrie Author-Name: Lee Parker Author-X-Name-First: Lee Author-X-Name-Last: Parker Title: Rites of passage and the self‐immolation of academic accounting labour: an essay exploring exclusivity versus mutuality in accounting scholarship Abstract: The changes in public sectors of many western democracies, particularly as applied in public funded universities, have led to an environment where students have been redefined as customers, organisations and their programs have been redefined as fee generating and services have been reconstituted as commercialised competitive activities in the open marketplace. Work in this ‘new’ Higher Education Sector (HES) environment has been construed as fee generating and cost incurring, subject to financial control and evaluated for its tangible, measured outputs. This paper considers the contemporary attitudes in accounting and management academia to what constitutes research and scholarship, using Australia and the UK as case examples. From this perspective, it is argued that the changing HES environment is transforming and commodifying research into a homogenised, measured and traded commodity. This commodity is then traded in the new academic marketplace in forms such as departmental research rankings, appointability of candidates for professorial positions, departmental and individual academic competitiveness for research grants, and university eligibility for government research funding. In addition, we contend that this commodification is exhibiting a convergent tendency, in that the tradable currency shows signs of reductionism to a common form of measurement, that is, to refereed research journal articles. This paper seeks to further open up discussion and debate on these issues from both academic and general community perspectives and to offer some tentative suggestions about how we, as a community of scholars, might seek to counter this process. Journal: Accounting Forum Pages: 1-30 Issue: 1 Volume: 26 Year: 2002 Month: 3 X-DOI: 10.1111/1467-6303.00077 File-URL: http://hdl.handle.net/10.1111/1467-6303.00077 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:1:p:1-30 Template-Type: ReDIF-Article 1.0 Author-Name: Ralph W. Adler Author-X-Name-First: Ralph W. Author-X-Name-Last: Adler Author-Name: Kate Chaston Author-X-Name-First: Kate Author-X-Name-Last: Chaston Title: Stakeholders' perceptions of organizational decline Abstract: Prior research has raised questions about the ability of key organizational stakeholders, especially accountants, to correctly assess an organization's likelihood to grow or decline. It appears that these stakeholders often view the decision from a highly narrow and predominantly financial perspective. Meanwhile the root causes of decline, which often feature as non‐financial and non‐quantifiable information, are overlooked. The present study was conceived and conducted with a view to testing the generalizability of these previous findings. Using a quasi‐experimental design that incorporated the methodological improvements suggested in these earlier studies, the perceptions of accountants, stock analysts, and directors of company boards toward organizational decline were examined. The data provide mixed support for the conclusions reached in previous studies. In particular, the information stakeholders rely upon is not as clear‐cut as past research would suggest. Journal: Accounting Forum Pages: 31-44 Issue: 1 Volume: 26 Year: 2002 Month: 3 X-DOI: 10.1111/1467-6303.00078 File-URL: http://hdl.handle.net/10.1111/1467-6303.00078 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:1:p:31-44 Template-Type: ReDIF-Article 1.0 Author-Name: Joanne Locke Author-X-Name-First: Joanne Author-X-Name-Last: Locke Author-Name: Alan Lowe Author-X-Name-First: Alan Author-X-Name-Last: Lowe Title: Problematising the construction of journal quality: an engagement with the mainstream Abstract: Journal ranking studies have generally adopted citation techniques or academic perceptions as the basis for assessing journal quality. They have traditionally been a source of information about potential research outlets, new journals, and an aid to developing a consensus about the relative merit of publications for promotion decisions. The aim of our research is to address specific shortcomings in the conventional literature and construct an alternative view of how we might more appropriately assess journal ‘quality’. We attempt to engage with the conventional literature by applying an approach that does not privilege either citation techniques or academic perceptions. We have adopted from Zeff (1996) an objective measure of academic journal library holdings, which Zeff describes as a ‘market test’. Our construct provides evidence of an important difference in journal holdings for the Australasian region that could significantly influence further research on journal quality. The method itself is entirely mundane but may be considered to reflect a complex of historic and more contemporary variables which impact on academic and administrative decisions, influencing the makeup of academic library holdings and providing a proxy for journal ‘quality’. Journal: Accounting Forum Pages: 45-71 Issue: 1 Volume: 26 Year: 2002 Month: 3 X-DOI: 10.1111/1467-6303.00079 File-URL: http://hdl.handle.net/10.1111/1467-6303.00079 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:1:p:45-71 Template-Type: ReDIF-Article 1.0 Author-Name: Markus J. Milne Author-X-Name-First: Markus J. Author-X-Name-Last: Milne Title: The construction of journal quality: no engagement detected Journal: Accounting Forum Pages: 72-86 Issue: 1 Volume: 26 Year: 2002 Month: 3 X-DOI: 10.1111/1467-6303.00080 File-URL: http://hdl.handle.net/10.1111/1467-6303.00080 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:1:p:72-86 Template-Type: ReDIF-Article 1.0 Author-Name: Alan Lowe Author-X-Name-First: Alan Author-X-Name-Last: Lowe Author-Name: Joanne Locke Author-X-Name-First: Joanne Author-X-Name-Last: Locke Title: Angst and hubris but no critique detected Journal: Accounting Forum Pages: 87-95 Issue: 1 Volume: 26 Year: 2002 Month: 3 X-DOI: 10.1111/1467-6303.00081 File-URL: http://hdl.handle.net/10.1111/1467-6303.00081 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:1:p:87-95 Template-Type: ReDIF-Article 1.0 Author-Name: Lee Parker Author-X-Name-First: Lee Author-X-Name-Last: Parker Author-Name: Graeme Gould Author-X-Name-First: Graeme Author-X-Name-Last: Gould Title: Changing public sector accountability: critiquing new directions Journal: Accounting Forum Pages: 109-135 Issue: 2 Volume: 23 Year: 1999 Month: 6 X-DOI: 10.1111/1467-6303.00007 File-URL: http://hdl.handle.net/10.1111/1467-6303.00007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:2:p:109-135 Template-Type: ReDIF-Article 1.0 Author-Name: Carol A Tilt Author-X-Name-First: Carol A Author-X-Name-Last: Tilt Author-Name: Christopher F Symes Author-X-Name-First: Christopher F Author-X-Name-Last: Symes Title: Environmental disclosure by Australian mining companies: environmental conscience or commercial reality? Abstract: Over the past couple of decades there has been a series of literature in the social accounting field that indicates a gradual increase in the amount of social disclosure appearing in company annual reports. In particular, the amount of environmental disclosures appears to have increased and a number of theories have been postulated as to why companies disclose such information. Most of these prior studies have not identified the particular items that are being disclosed except to classify them broadly as ‘environment’ related and the majority of these studies have found that mining companies disclose more than other industries. Such results have then been used to support various theories as to why disclosure is on the increase, and in particular, to indicate a new ‘commitment’ to the environment by these companies. This is an Australian study that expands current research, and provides an alternative interpretation for environmental reporting by some corporations. It shows that a large proportion of ‘environmental’ disclosures by Australian mining companies are related to rehabilitation of mine sites—this disclosure may not be influenced by a desire to be environmentally conscious, but by a resultant tax benefit from including it in the annual accounts. The findings may have implications for other countries with a large extractive industry and similar tax provisions. Journal: Accounting Forum Pages: 137-154 Issue: 2 Volume: 23 Year: 1999 Month: 6 X-DOI: 10.1111/1467-6303.00008 File-URL: http://hdl.handle.net/10.1111/1467-6303.00008 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:2:p:137-154 Template-Type: ReDIF-Article 1.0 Author-Name: Stewart A Leech Author-X-Name-First: Stewart A Author-X-Name-Last: Leech Author-Name: Nicole Clark Author-X-Name-First: Nicole Author-X-Name-Last: Clark Author-Name: Philip A Collier Author-X-Name-First: Philip A Author-X-Name-Last: Collier Title: A generalized model of decision‐making processes for companies in financial distress Abstract: Decisions by insolvency experts are vital to the future of a company in financial difficulties and impact the financial returns to creditors and other stakeholders. This paper describes a generalized model of the decision‐making processes used by insolvency experts when dealing with companies in financial distress. The model includes identification of high‐level factors that are important in making insolvency decisions and how these factors are used in the decision‐making processes of insolvency experts. In particular, financial and non‐financial factors are required for judgments about relevant stakeholders and the future of a company. Validation experiments show a high degree of conformance between the model and a variety of actual cases. Journal: Accounting Forum Pages: 155-174 Issue: 2 Volume: 23 Year: 1999 Month: 6 X-DOI: 10.1111/1467-6303.00009 File-URL: http://hdl.handle.net/10.1111/1467-6303.00009 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:2:p:155-174 Template-Type: ReDIF-Article 1.0 Author-Name: Fraser Bell Author-X-Name-First: Fraser Author-X-Name-Last: Bell Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Recent trends in environment accounting: how green are your accounts? Journal: Accounting Forum Pages: 175-192 Issue: 2 Volume: 23 Year: 1999 Month: 6 X-DOI: 10.1111/1467-6303.00010 File-URL: http://hdl.handle.net/10.1111/1467-6303.00010 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:2:p:175-192 Template-Type: ReDIF-Article 1.0 Author-Name: Rick Newby Author-X-Name-First: Rick Author-X-Name-Last: Newby Author-Name: Malcolm Smith Author-X-Name-First: Malcolm Author-X-Name-Last: Smith Title: A comparison of the impact of franchising on return and risk for two Australian industries Abstract: Since the mid‐1960s the ‘franchise phenomenon’ has had a significant impact on the Australian economy, generating a large proportion of its gross retail trade. However, little work has so far been conducted in measuring the relative effectiveness of franchising, especially in terms of the associated risk. Where risk has been measured, it has normally been expressed in terms of survival rates relative to non‐franchised entities (for example, Williams 1991; Newby, Smith and Armstrong 1993). This paper argues that the use of firm survival as the measure expressing the success of franchising is short‐sighted and inadequate, since it ignores the effect of franchising on surviving firms, and presents results from two industries, to determine whether franchises generate higher financial returns than non‐franchises, and if there is any difference in the risk of those returns. The results indicate that franchising does have an impact on both risk and return, but not one which is consistent across all industries. Journal: Accounting Forum Pages: 193-205 Issue: 2 Volume: 23 Year: 1999 Month: 6 X-DOI: 10.1111/1467-6303.00011 File-URL: http://hdl.handle.net/10.1111/1467-6303.00011 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:2:p:193-205 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Directions and Possible Futures Journal: Accounting Forum Pages: 207-207 Issue: 3 Volume: 23 Year: 1999 Month: 9 X-DOI: 10.1111/1467-6303.00012 File-URL: http://hdl.handle.net/10.1111/1467-6303.00012 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:3:p:207-207 Template-Type: ReDIF-Article 1.0 Author-Name: Takiah Mohd Iskandar Author-X-Name-First: Takiah Mohd Author-X-Name-Last: Iskandar Author-Name: Errol R Iselin Author-X-Name-First: Errol R Author-X-Name-Last: Iselin Title: A review of materiality research Abstract: This paper presents a review of the research literature on materiality. Previous research in materiality shows inconsistencies in judgments among auditors and other groups. Research findings suggest that variations in materiality judgments may be due to a number of factors including personality, contextual differences, and audit structure, or due to the absence of a clear materiality guideline. The objectives of this paper are to evaluate the development of research on materiality, identify variables that may have potential effects on materiality judgments, and establish the future direction of research in this area. Journal: Accounting Forum Pages: 209-239 Issue: 3 Volume: 23 Year: 1999 Month: 9 X-DOI: 10.1111/1467-6303.00013 File-URL: http://hdl.handle.net/10.1111/1467-6303.00013 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:3:p:209-239 Template-Type: ReDIF-Article 1.0 Author-Name: Ed O’donnell Author-X-Name-First: Ed Author-X-Name-Last: O’donnell Author-Name: Mark Lehman Author-X-Name-First: Mark Author-X-Name-Last: Lehman Title: Information Processing Strategy During Analytical Procedures: Where and How Auditors Focus Their Attention Abstract: Experienced auditors used computerized case materials to perform analytical procedures and identify audit planning concerns. Process‐racing software monitored information search patterns and provided evidence about where and how participants focused their attention. Half of the participants examined a case with seeded problems, which provided a basis for examining whether task conditions influence processing strategy. Participants focused primarily on comparative financial statement account balances and secondarily on financial ratios, which suggests that planning analytical procedures cannot be operationalized as a ratio analysis task. Participants who used a configural information processing strategy spent more time on task. Configural processing was also associated with an increase in the number of documented planning concerns, but only for the case without seeded problems. Neither case differences nor auditor experience had a direct effect on the use of a configural information processing strategy. Journal: Accounting Forum Pages: 241-273 Issue: 3 Volume: 23 Year: 1999 Month: 9 X-DOI: 10.1111/1467-6303.00014 File-URL: http://hdl.handle.net/10.1111/1467-6303.00014 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:3:p:241-273 Template-Type: ReDIF-Article 1.0 Author-Name: Rick Sarre Author-X-Name-First: Rick Author-X-Name-Last: Sarre Author-Name: Brenton Fiedler Author-X-Name-First: Brenton Author-X-Name-Last: Fiedler Title: Investigating and Preventing Fraud Against Australian Businesses: Counting the Costs and Exploring The Strategies Abstract: The current high levels and extent of fraud against businesses in Australia are having an enormous impact on productivity, profitability and competitive ability in the marketplace. It is simply impossible to calculate the impact accurately. Be that as it may, it is axiomatic that businesses, governments and organisations which are able to detect fraud, and decrease or eliminate it, will not only have an edge on their rivals, but also assist the Australian economy generally by reducing its reliance on costly law‐enforcement measures, protection services, security protocols, criminal prosecutions and criminal trials. Since there is ample evidence that fraud is endemic to most Western democratic societies, it is useful to consider Australia’s contribution toward its solution. Australia has been active in promoting the internationalisation of accounting and auditing standards where harmonised standards are designed to support the identification and management of the risk of fraud. Often companies operate in different geographic regions, and it must be recognised that different legal systems, ethical environments and attitudes may have different impacts on the interpretation of fraud and the action to be taken to observe and prevent fraudulent activities. To what extent can fraud be detected, costed and prevented in the 21st century? How can law enforcement policy‐makers, and business and corporate planners, take appropriate steps to prevent the commission of fraud or take ameliorative action once it is detected? This paper provides an overview of the current state of fraud against Australian business, reviews the inadequacies of the way in which it is currently prosecuted, and explores ideas for its prevention in commercial and legal practice. Journal: Accounting Forum Pages: 275-292 Issue: 3 Volume: 23 Year: 1999 Month: 9 X-DOI: 10.1111/1467-6303.00015 File-URL: http://hdl.handle.net/10.1111/1467-6303.00015 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:3:p:275-292 Template-Type: ReDIF-Article 1.0 Author-Name: Greg Tower Author-X-Name-First: Greg Author-X-Name-Last: Tower Author-Name: Phil Hancock Author-X-Name-First: Phil Author-X-Name-Last: Hancock Author-Name: Ross H. Taplin Author-X-Name-First: Ross H. Author-X-Name-Last: Taplin Title: A Regional Study Of Listed Companies’ Compliance with International Accounting Standards Abstract: The move towards international harmonisation of accounting standards has dominated the work programme of the Australian Accounting Standards Board in the past two years. Some have expressed concern that Australia is moving too quickly towards harmonisation when compared to other countries. This paper examines the extent of compliance with International Accounting Standards (IAS) in six countries in the Asia‐Pacific region. By providing evidence as to the level of compliance with IAS in financial statements, the paper also indicates the extent of de‐facto harmony. The paper also examines various determinants of compliance with IAS and finds that country of location remains the clear driving force. Journal: Accounting Forum Pages: 293-305 Issue: 3 Volume: 23 Year: 1999 Month: 9 X-DOI: 10.1111/1467-6303.00016 File-URL: http://hdl.handle.net/10.1111/1467-6303.00016 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:3:p:293-305 Template-Type: ReDIF-Article 1.0 Author-Name: Chris Warrell Author-X-Name-First: Chris Author-X-Name-Last: Warrell Title: Harmonisation and Proposed Standard‐Setting Reforms Journal: Accounting Forum Pages: 307-316 Issue: 3 Volume: 23 Year: 1999 Month: 9 X-DOI: 10.1111/1467-6303.00017 File-URL: http://hdl.handle.net/10.1111/1467-6303.00017 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:3:p:307-316 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Book Reviews Abstract: Books reviewed:Leonard J. Brooks, Professional ethics for accountantsA. Davidson, M. Mcgregor‐Lowndes and R. Craig, The internet for accountantsA. D. JankowiczBusiness research projectsSally Anne FrazerHow to study law Journal: Accounting Forum Pages: 317-323 Issue: 3 Volume: 23 Year: 1999 Month: 9 X-DOI: 10.1111/1467-6303.00018 File-URL: http://hdl.handle.net/10.1111/1467-6303.00018 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:3:p:317-323 Template-Type: ReDIF-Article 1.0 Author-Name: Gaffikin Michael Author-X-Name-First: Gaffikin Author-X-Name-Last: Michael Title: The Evil That Men Do Lives After Them Journal: Accounting Forum Pages: 247-250 Issue: 3 Volume: 27 Year: 2003 Month: 9 X-DOI: 10.1111/1467-6303.00104 File-URL: http://hdl.handle.net/10.1111/1467-6303.00104 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:3:p:247-250 Template-Type: ReDIF-Article 1.0 Author-Name: Paul F. Williams Author-X-Name-First: Paul F. Author-X-Name-Last: Williams Title: Modern accounting scholarship: the imperative of positive economic science Abstract: The modern era of academic accounting is characterized by the emergence of Positive Economic Science (PES) as the dominant methodology shaping the investigation and understanding of accounting in the academy. This paper briefly describes the history of how this domination came about in the United States and the institutional structure that sustains it. The paper goes on to illustrate the consequence this dominance has had in the form of a radical limiting of our ability to understand accounting phenomena. Journal: Accounting Forum Pages: 251-269 Issue: 3 Volume: 27 Year: 2003 Month: 9 X-DOI: 10.1111/1467-6303.00105 File-URL: http://hdl.handle.net/10.1111/1467-6303.00105 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:3:p:251-269 Template-Type: ReDIF-Article 1.0 Author-Name: Barbara D. Merino Author-X-Name-First: Barbara D. Author-X-Name-Last: Merino Title: Financial reporting in the 1930s in the United States preserving the status quo Abstract: I use historical analysis to examine the effect of securities regulation on financial reporting relationships in the 1930s. Adopting Edelman's (1964) framework, I posit that the financial reporting provisions of securities regulation were ‘symbolic,’ i.e., not expected to be implemented, and therefore that passage of regulation did not change financial reporting relationships. I examine the correspondence between the American Institute of Accountants (AIA) and the New York Stock Exchange (NYSE), the Minutes of the AIA, and other primary sources to determine the impact of regulation. The historical record shows that the financial reporting objectives (uniform accounting and limiting management's accounting choices) of securities regulation were not implemented during the 1930s. I conclude that regulation did not improve the quality of data provided to investors and that empirical studies that use the pre/post SEC periodization model are not well structured. I also suggest that future historical researchers might adopt a more critical lens, such as Gramsci's corporate hegemony model, to see how passage of legislation masked the continued dominance of the securities markets by a privileged elite and diverted attention from more material questions. Journal: Accounting Forum Pages: 270-290 Issue: 3 Volume: 27 Year: 2003 Month: 9 X-DOI: 10.1111/1467-6303.00106 File-URL: http://hdl.handle.net/10.1111/1467-6303.00106 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:3:p:270-290 Template-Type: ReDIF-Article 1.0 Author-Name: Michael J. R. Gaffikin Author-X-Name-First: Michael J. R. Author-X-Name-Last: Gaffikin Title: The a priori wars: The modernisation of accounting thought Journal: Accounting Forum Pages: 291-311 Issue: 3 Volume: 27 Year: 2003 Month: 9 X-DOI: 10.1111/1467-6303.00107 File-URL: http://hdl.handle.net/10.1111/1467-6303.00107 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:3:p:291-311 Template-Type: ReDIF-Article 1.0 Author-Name: Anna M. Rose Author-X-Name-First: Anna M. Author-X-Name-Last: Rose Author-Name: Jacob M. Rose Author-X-Name-First: Jacob M. Author-X-Name-Last: Rose Title: The effects of fraud risk assessments and a risk analysis decision aid on auditors’ evaluation of evidence and judgment Abstract: Using a sample of 258 auditors, two experiments were conducted to study the effects of fraud risk assessments and an automated decision aid on auditors’ evaluation of evidence and judgment. Results indicate that the assessed level of fraud risk systematically affects the evaluation of evidence by auditors. More specifically, auditors facing high levels of assessed fraud risk evaluate audit evidence more thoroughly than auditors facing low levels of assessed fraud risk. In addition, auditors facing high risk assessments exhibit an unexpected bias in their decision processes. These auditors focus on the last evidence received during decision making, and their decisions change when evidence order is altered. The introduction of a computer‐based decision aid promotes consistency in auditor decisions and eliminates the undesirable effects of evidence order, while preserving the benefits of more thorough evidence evaluation. Journal: Accounting Forum Pages: 312-338 Issue: 3 Volume: 27 Year: 2003 Month: 9 X-DOI: 10.1111/1467-6303.00108 File-URL: http://hdl.handle.net/10.1111/1467-6303.00108 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:3:p:312-338 Template-Type: ReDIF-Article 1.0 Author-Name: Odd J. Stalebrink Author-X-Name-First: Odd J. Author-X-Name-Last: Stalebrink Author-Name: John F. Sacco Author-X-Name-First: John F. Author-X-Name-Last: Sacco Title: An ‘Austrian’ perspective on commercial accounting practices in the public sector Abstract: Using an ‘Austrian’ economic framework, rather than the traditional neoclassical economic or progressivism framework, this paper explores the extent to which accrual based accounting measurement systems add to or detract from value relevant accounting information, in public sector settings. Austrian economics provides insights to this issue by offering a more nuanced theoretical account of the role of knowledge, institutions and subjectivism in analyzing economic phenomena, than do traditional neoclassical economics or progressivism. The paper concludes that Austrian economics are a potential framework that informs us about the problem of misuse of information in public, noncompetitive situations. Journal: Accounting Forum Pages: 339-358 Issue: 3 Volume: 27 Year: 2003 Month: 9 X-DOI: 10.1111/1467-6303.00109 File-URL: http://hdl.handle.net/10.1111/1467-6303.00109 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:3:p:339-358 Template-Type: ReDIF-Article 1.0 Author-Name: Glen Lehman Author-X-Name-First: Glen Author-X-Name-Last: Lehman Title: Introduction: Special Issue on International Audit Research Journal: Accounting Forum Pages: 1-1 Issue: 1 Volume: 23 Year: 1999 Month: 3 X-DOI: 10.1111/1467-6303.00001 File-URL: http://hdl.handle.net/10.1111/1467-6303.00001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:1:p:1-1 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Editorial: Contemporary Audit Controversies Journal: Accounting Forum Pages: 3-9 Issue: 1 Volume: 23 Year: 1999 Month: 3 X-DOI: 10.1111/1467-6303.00002 File-URL: http://hdl.handle.net/10.1111/1467-6303.00002 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:1:p:3-9 Template-Type: ReDIF-Article 1.0 Author-Name: Stuart Manson Author-X-Name-First: Stuart Author-X-Name-Last: Manson Author-Name: Mahbub Zaman Author-X-Name-First: Mahbub Author-X-Name-Last: Zaman Title: Lobbying the Auditing Practices Board: Analysis of Responses to the Expanded Audit Report Abstract: In 1993 the Auditing Practice Board (APB) in the United Kingdom issued Statement of Auditing Standard 600, Auditors’ Reports on Financial Statements. The new expanded audit report was issued in an attempt to reduce the audit expectations gap. Prior to the issuing of this standard the APB issued a Consultative Document in 1991 and an Exposure Draft in 1992. In this paper we investigate the comments made to the APB by respondents to these two documents. We found that a number of respondents doubted whether the new standard was of itself sufficient to reduce the expectations gap. In addition, we found that where respondents made substantive suggestions for changes to the proposed standard these generally were not implemented by the APB. Journal: Accounting Forum Pages: 11-34 Issue: 1 Volume: 23 Year: 1999 Month: 3 X-DOI: 10.1111/1467-6303.00003 File-URL: http://hdl.handle.net/10.1111/1467-6303.00003 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:1:p:11-34 Template-Type: ReDIF-Article 1.0 Author-Name: John Dunn Author-X-Name-First: John Author-X-Name-Last: Dunn Author-Name: Margaret Stewart Author-X-Name-First: Margaret Author-X-Name-Last: Stewart Title: Resignation or Abdication—the Credibility of Auditor Resignation Statements Abstract: The accountancy profession claims to achieve high standards of integrity and openness in the provision of its services. These claims are tested by a study of the circumstances surrounding 340 auditor resignations. UK company law requires a statement of any circumstances associated with the resignation that should be brought to the attention of the members or creditors. Almost all of the outgoing auditors submitted statements to the effect that there were no such matters. Analysing the audit fees charged by and the reporting behaviour of incoming auditors suggests that they have little confidence in their predecessors’ nil returns. Journal: Accounting Forum Pages: 35-57 Issue: 1 Volume: 23 Year: 1999 Month: 3 X-DOI: 10.1111/1467-6303.00004 File-URL: http://hdl.handle.net/10.1111/1467-6303.00004 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:1:p:35-57 Template-Type: ReDIF-Article 1.0 Author-Name: Pam Edwards Author-X-Name-First: Pam Author-X-Name-Last: Edwards Author-Name: Jean Shaoul Author-X-Name-First: Jean Author-X-Name-Last: Shaoul Title: Reporting Accounting? Abstract: While the increasing visibility of accounting in economic life has also been accompanied by criticisms of financial reporting and the accounting profession, there have been few studies that chart this rise and examine the events and issues which attracted attention. This paper examines the public face of accounting as mediated by the press by studying the major accounting causes celebres which occurred in Britain between 1962–92. The paper presents the evidence as it relates to the events, their frequency, characteristics and the substantive issues pertaining to financial reporting. It analyses what becomes accounting news and what does not. It has two inter‐related aims; to examine firstly accounting’s increasing visibility in the context of corporate activity and secondly the issues and concerns thereby raised and what they reflect. Accounting events which become ‘public’ in the press do so because of their importance to the financial sector rather than other sections of society. To a large extent therefore, this ‘public opinion’ expressed in the reporting of accounting in the press reflects the financial sector’s interests. The absence of detailed and informed comment on contemporary financial events on the part of accounting scholars enables the interest of the financial sector to be equated, as a consequence, with the ‘public interest’. Journal: Accounting Forum Pages: 59-92 Issue: 1 Volume: 23 Year: 1999 Month: 3 X-DOI: 10.1111/1467-6303.00005 File-URL: http://hdl.handle.net/10.1111/1467-6303.00005 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:1:p:59-92 Template-Type: ReDIF-Article 1.0 Author-Name: K. A. Van peursem Author-X-Name-First: K. A. Author-X-Name-Last: Van peursem Author-Name: A. Hauriasi Author-X-Name-First: A. Author-X-Name-Last: Hauriasi Title: Auditors’ Reputation: an Analysis of Press Coverage in New Zealand Abstract: This investigation takes a new approach to analysing professional reputation by looking to the content of articles written about or including the professional auditor in the popular press. The analysis develops a taxonomy to analyse press portrayals of the auditor, evaluates those portrayals and concludes with reputational implications of the 494 articles identified in the period 1991 through 1997. It is found that, particularly in the daily publications reviewed, repetition of stories is common, stories with conflict take precedence and official documents provide a significant source of news. The study concludes that the New Zealand press coverage appears to be widely influenced by news production necessities and by the desire to entertain. As a result, the auditor is portrayed as either elite expert, or incompetent/unethical player in major news events, with subsequent reputational implications. Journal: Accounting Forum Pages: 93-108 Issue: 1 Volume: 23 Year: 1999 Month: 3 X-DOI: 10.1111/1467-6303.00006 File-URL: http://hdl.handle.net/10.1111/1467-6303.00006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:23:y:1999:i:1:p:93-108 Template-Type: ReDIF-Article 1.0 Author-Name: Prem Sikka Author-X-Name-First: Prem Author-X-Name-Last: Sikka Title: The politics of restructuring the standard setting bodies: the case of the UK’s auditing practices board Abstract: This paper seeks to shed some light on the politics relating to the formation of the Auditing Practices Board (APB), a body responsible for formulating auditing standards in the UK. The evidence is provided from the author’s personal involvement in and around some of the arenas that shaped the formation of the APB. The paper argues that formation of the APB was facilitated by an alliance involving the state, the auditing industry and the accountancy bodies. To appease the challengers, the accountancy bodies made some concessions and broadened the membership of the APB, but the auditing standard setting process remained under the control of the accountancy bodies. Journal: Accounting Forum Pages: 97-125 Issue: 2 Volume: 26 Year: 2002 Month: 6 X-DOI: 10.1111/1467-6303.t01-1-00010 File-URL: http://hdl.handle.net/10.1111/1467-6303.t01-1-00010 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:2:p:97-125 Template-Type: ReDIF-Article 1.0 Author-Name: Ron Hodges Author-X-Name-First: Ron Author-X-Name-Last: Hodges Author-Name: Howard Mellett Author-X-Name-First: Howard Author-X-Name-Last: Mellett Title: Investigating standard setting: accounting for the United Kingdom’s private finance initiative Abstract: This paper provides a case study of the use of Walker and Robinson’s (1993) model of the elements of an accounting standard setting process. The objective of the paper is to extend the existing literature through an examination of the process by which accounting regulation was developed in the context of the private sector and subsequently adopted by the public sector, including consideration of the interaction between the rule–making bodies of the two sectors.The empirical element of the paper draws upon the development of rules of accounting for the Private Finance Initiative (PFI) in the U.K. The empirical material illustrates the difficulty of conducting research into accounting regulation as documentation that is in the public domain reveals, but does not disclose, the presence of other significant influences.Walker and Robinson provide a useful model to analyse the process of standard setting. The case study supports their view that research addressing the genesis of any accounting standard will be deficient to the extent that it does not include reference to the influences that are not publicly revealed. Failure to include consideration of all the forces weakens any claimed causal links, a weakness that is not overcome simply by acknowledging the existence of other, uninvestigated aspects. This must be balanced against a recognition that it will never be possible to identify and weight all of the forces acting in a political process and so it is not possible fully to meet all of the standards of investigation set by Walker and Robinson. Journal: Accounting Forum Pages: 126-151 Issue: 2 Volume: 26 Year: 2002 Month: 6 X-DOI: 10.1111/1467-6303.t01-1-00009 File-URL: http://hdl.handle.net/10.1111/1467-6303.t01-1-00009 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:2:p:126-151 Template-Type: ReDIF-Article 1.0 Author-Name: Dennis M. Patten Author-X-Name-First: Dennis M. Author-X-Name-Last: Patten Title: Media exposure, public policy pressure, and environmental disclosure: an examination of the impact of tri data availability Journal: Accounting Forum Pages: 152-171 Issue: 2 Volume: 26 Year: 2002 Month: 6 X-DOI: 10.1111/1467-6303.t01-1-00007 File-URL: http://hdl.handle.net/10.1111/1467-6303.t01-1-00007 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:2:p:152-171 Template-Type: ReDIF-Article 1.0 Author-Name: Ross Taplin Author-X-Name-First: Ross Author-X-Name-Last: Taplin Author-Name: Greg Tower Author-X-Name-First: Greg Author-X-Name-Last: Tower Author-Name: Phil Hancock Author-X-Name-First: Phil Author-X-Name-Last: Hancock Title: Disclosure (discernibility) and compliance of accounting policies: Asia–Pacific evidence Abstract: This project extends the work of Tower, Hancock and Taplin (1999) on the extent of compliance with International Accounting Standards (IAS) in six Asia Pacific countries. Sixty annual reports from companies in Australia, Hong Kong, Malaysia, Philippines, Singapore, and Thailand are analysed to create several compliance indices based on all universally applicable IAS rules at the time. The compliance ratio is computed as an aggregate value, split into measurement and disclosure categories. These ratios are also calculated on a standard–by standard basis. Moreover, a new Discernibility Index is evolved to generate insights into patterns of non–disclosure.The results show higher levels of compliance with disclosure issues (95.5%) than measurement issues (77.7%). The lowest overall compliance rates were found for IAS 7 Cash Flow Statements, IAS 22 Business Combinations and IAS 28 Accounting for Investments in Associates. In terms of the Discernibilty Index, companies in the four Asian countries with British colonial links had lower levels of non–disclosure than Philippines or Thailand entities. The more profitable companies also tended to have a higher proportion of discernible (disclosures) items for measurement issues. The levels of non–disclosure have very distinctive standard–by–standard patterns.The findings have important policy implications. The level of discernibility (disclosures) is low with strong country and topical trends exhibited. Therefore, de facto harmonisation is difficult to measure and country/company variances suggest that the goal of regional comparability has not been achieved. There is a need for change in the status quo level of non–disclosure of Asia–Pacific companies. In line with public theories of regulation, a call for more direct government intervention is made. Journal: Accounting Forum Pages: 172-190 Issue: 2 Volume: 26 Year: 2002 Month: 6 X-DOI: 10.1111/1467-6303.00085 File-URL: http://hdl.handle.net/10.1111/1467-6303.00085 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:2:p:172-190 Template-Type: ReDIF-Article 1.0 Author-Name: Susana Gago Author-X-Name-First: Susana Author-X-Name-Last: Gago Title: Management information for ecologically—oriented decision–making. A case study of the introduction of co–generation in eleven spanish companies Abstract: The purpose of this case study was to provide a report on the motivations which have led Spanish managers in the Galician region to take a green pathway. Such decisional processes may reflect a change in corporate consciousness, or it might be just another corporate response to increased political visibility and possible government intervention (Rodgers, 1991, 1992, Rodgers and Gago, 2001) The study focuses on eleven Spanish companies who instead of purchasing energy decided to produce their own energy using a co–generation system. A case study approach was selected in order to interpret the information provided concerning the adoption of a co–generation corporate strategy (Parker, and Roffey, 1997). Accounting information systems are considered to be important in this process as they select, classify and arrange information to inform their communities. Their design and implementation highlight environmenta contingencies as they affect business entities’ ability to opeerate. The results of the cas study survey confirm that management benefit through cost savings and additional incomes. The article concludes by observing that the ecological implications of co–generation were not the primary motivation for adopting the ‘green’ innovation. Journal: Accounting Forum Pages: 191-218 Issue: 2 Volume: 26 Year: 2002 Month: 6 X-DOI: 10.1111/1467-6303.00086 File-URL: http://hdl.handle.net/10.1111/1467-6303.00086 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:26:y:2002:i:2:p:191-218 Template-Type: ReDIF-Article 1.0 Author-Name: Michael Jones Author-X-Name-First: Michael Author-X-Name-Last: Jones Author-Name: Howard Mellett Author-X-Name-First: Howard Author-X-Name-Last: Mellett Title: Foreword to Special Issue Journal: Accounting Forum Pages: 1-3 Issue: 1 Volume: 27 Year: 2003 Month: 3 X-DOI: 10.1111/1467-6303.00093 File-URL: http://hdl.handle.net/10.1111/1467-6303.00093 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:1:p:1-3 Template-Type: ReDIF-Article 1.0 Author-Name: Sally Aisbitt Author-X-Name-First: Sally Author-X-Name-Last: Aisbitt Title: Disclosure and choice of accounting policies: The case of cross–border mergers Abstract: The globalisation process has seen an increase in the number of cross–border mergers of companies. Understanding of these companies’ financial statements will depend on a grasp of the accounting policies used. A case study approach has been adopted examining financial statements produced before and after the mergers of three trans–national mergers. The results highlight the limitations of the information disclosed in accounting policy notes in terms of satisfying Barth and Murphy's (1994) purposes of disclosure: to provide information allowing comparison. The findings have relevance both in the context of mergers and in changes of accounting convention (e.g. to IASs). Journal: Accounting Forum Pages: 4-27 Issue: 1 Volume: 27 Year: 2003 Month: 3 X-DOI: 10.1111/1467-6303.00094 File-URL: http://hdl.handle.net/10.1111/1467-6303.00094 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:1:p:4-27 Template-Type: ReDIF-Article 1.0 Author-Name: Leonard Eckel Author-X-Name-First: Leonard Author-X-Name-Last: Eckel Author-Name: Steve Fortin Author-X-Name-First: Steve Author-X-Name-Last: Fortin Author-Name: Kathryn Fisher Author-X-Name-First: Kathryn Author-X-Name-Last: Fisher Title: The choice of discount rate for external reporting purposes: Considerations for standard setting Abstract: Currently, there is no general standard concerning the choice of the discount rate to be used when calculating the present value of an asset or liability for external reporting purposes. This paper provides an analysis of the issues that should be considered in establishing such a standard. Six candidate rates are evaluated based on six criteria of high quality accounting standards identified from the literature. No rate candidate dominates on all points. Accordingly, the paper proposes the underlying structure of a comprehensive discount rate–choice accounting standard, which would resolve most of the issues identified in the paper. Journal: Accounting Forum Pages: 28-59 Issue: 1 Volume: 27 Year: 2003 Month: 3 X-DOI: 10.1111/1467-6303.00095 File-URL: http://hdl.handle.net/10.1111/1467-6303.00095 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:1:p:28-59 Template-Type: ReDIF-Article 1.0 Author-Name: Susanne Homölle Author-X-Name-First: Susanne Author-X-Name-Last: Homölle Title: From the theory of financial intermediation to segment reporting: The case of German banks Abstract: In recent years a growing number of German banks have disclosed segmental data according to IAS 14 (revised 1997), which, however, does not consider any specific features of banks. We derive demands for banks’ segment reporting from the microeconomic theory of financial intermediation and give some advice how banks could improve their segment reporting. The new German Accounting Standard GAS 3–10, Segment Reporting of Banks, does not fully meet our requirements. It should be reformed with respect to the deficiencies presented in this paper to become a guideline of segment reporting not only for German, but for international banks as well. Journal: Accounting Forum Pages: 60-83 Issue: 1 Volume: 27 Year: 2003 Month: 3 X-DOI: 10.1111/1467-6303.00096 File-URL: http://hdl.handle.net/10.1111/1467-6303.00096 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:1:p:60-83 Template-Type: ReDIF-Article 1.0 Author-Name: Sharon K. Johns Author-X-Name-First: Sharon K. Author-X-Name-Last: Johns Author-Name: L. Murphy smith Author-X-Name-First: L. Author-X-Name-Last: Murphy smith Author-Name: Carolyn A. Strand Author-X-Name-First: Carolyn A. Author-X-Name-Last: Strand Title: How culture affects the use of information technology Abstract: Multinational enterprises (MNEs) must be able to communicate and process data efficiently and effectively throughout the firm. The use of information technology is often affected by the various cultures in which MNEs operate. Technological advances have altered the methods by which MNEs conduct both their domestic and international operations. Advances such as e–business, information security, and electronic financial reporting are among the most significant technological changes facing accountants. As accountants confront and resolve these challenges, they will need to consider the effects of culture on implementation and use of technology. The purpose of this study was to examine differences in cultural and organizational environments of MNEs. Based on these cultural differences, we formed and tested hypotheses regarding the utilization of information technology by accountants. The findings indicate that impediments to international data flow are significantly related to culture. Journal: Accounting Forum Pages: 84-109 Issue: 1 Volume: 27 Year: 2003 Month: 3 X-DOI: 10.1111/1467-6303.00097 File-URL: http://hdl.handle.net/10.1111/1467-6303.00097 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:27:y:2003:i:1:p:84-109 Template-Type: ReDIF-Article 1.0 Author-Name: S. Manson Author-X-Name-First: S. Author-X-Name-Last: Manson Author-Name: R. Powell Author-X-Name-First: R. Author-X-Name-Last: Powell Author-Name: A. W. Stark Author-X-Name-First: A. W. Author-X-Name-Last: Stark Author-Name: H. M. Thomas Author-X-Name-First: H. M. Author-X-Name-Last: Thomas Title: Identifying the Sources of Gains From Takeovers Journal: Accounting Forum Pages: 319-343 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00044 File-URL: http://hdl.handle.net/10.1111/1467-6303.00044 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:319-343 Template-Type: ReDIF-Article 1.0 Author-Name: Geoffrey R. Frost Author-X-Name-First: Geoffrey R. Author-X-Name-Last: Frost Author-Name: Trevor D. Wilmshurst Author-X-Name-First: Trevor D. Author-X-Name-Last: Wilmshurst Title: The Adoption of Environment‐related management accounting: an analysis of corporate environmental sensitivity Abstract: This paper examines environmental sensitivity of the industry as a factor associated with the adoption of environment‐related management accounting and control procedures. The results indicate that although environmental reporting is more likely to occur in environmentally sensitive firms, the adoption of environment‐related management accounting procedures does not appear to be driven solely by the environmental sensitivity of the industry. The paper concludes that further research is needed to identify what causes organisations to adopt environment‐related management accounting procedures. Journal: Accounting Forum Pages: 344-365 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00045 File-URL: http://hdl.handle.net/10.1111/1467-6303.00045 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:344-365 Template-Type: ReDIF-Article 1.0 Author-Name: C. Richard Baker Author-X-Name-First: C. Richard Author-X-Name-Last: Baker Title: Towards the Increased use of Action Research in Accounting Information Systems Abstract: The purpose of this essay is to argue that action research ought to be more widely used in accounting information systems research. The term “action research” encompasses a variety of qualitative and interpretive approaches which have as their twin goals, the pursuit of useful knowledge and the creation of active plans for organizational or social change. Case studies, ethnologies and action research studies have appeared in recent years in mainstream management information systems journals, but rarely in mainstream accounting journals. Mainstream accounting journals have emphasized positivistic methods in the name of rigor and the pursuit of scientific knowledge, but such research often has little impact on real world organizations. Action research seeks not only the attainment of use‐ful knowledge, but effective change in organizations and society. Journal: Accounting Forum Pages: 366-378 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00046 File-URL: http://hdl.handle.net/10.1111/1467-6303.00046 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:366-378 Template-Type: ReDIF-Article 1.0 Author-Name: Brendan Mcsweeney Author-X-Name-First: Brendan Author-X-Name-Last: Mcsweeney Title: Comment: ‘Action research’: mission impossible? Commentary on ‘Towards the increased use of action research in accounting information systems’ by C. Richard Baker Journal: Accounting Forum Pages: 379-390 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00047 File-URL: http://hdl.handle.net/10.1111/1467-6303.00047 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:379-390 Template-Type: ReDIF-Article 1.0 Author-Name: Jim Hughes Author-X-Name-First: Jim Author-X-Name-Last: Hughes Author-Name: Trevor Wood‐harper Author-X-Name-First: Trevor Author-X-Name-Last: Wood‐harper Title: An Empirical Model of the Information Systems Development Process: A Case Study of an Automotive Manufacturer Abstract: This paper challenges the often‐perceived view that the systems development process is almost exclusively technical and predominantly rational. This prevalent position is often coupled with a view of information systems methodology as providing common standards of practice and documentation. Whilst the authors are aware of other challenges to this prevailing paradigm this paper investigates the information systems development process from the viewpoints of those directly involved. The authors used Grounded Theory procedures to elicit a local empirical model of the information systems development process to discover what happens in practice. Journal: Accounting Forum Pages: 391-406 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00048 File-URL: http://hdl.handle.net/10.1111/1467-6303.00048 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:391-406 Template-Type: ReDIF-Article 1.0 Author-Name: Jesse F. Dillard Author-X-Name-First: Jesse F. Author-X-Name-Last: Dillard Title: Integrating the Accountant and the Information Systems Development Process Abstract: To possess traditional accounting knowledge is a necessary but no longer sufficient condition for an accounting information professional. One must also understand information systems design, development, and applications and be able to integrate these two bodies of knowledge within complex organization settings. The following discussion provides a brief review of structuration theory. Next, the application of structuration theory to aid in understanding organization context is illustrated using a specific information system design situation as well as a global strategic systems environment. The analysis leads to the conclusion that the accounting information expert is required to integrate accounting knowledge with a strategic perspective in order to facilitate the specification of information systems requirements. Working as a member of the design, development, and implementation group as well as a primary user of its product, it is crucial to understand information systems development tools. If the accounting information expert does not appreciate the technological possibilities and constraints, the necessary assistance cannot be provided to management as they strive to respond to a dynamic market environment. A discussion of possible future research areas concludes the presentation. Journal: Accounting Forum Pages: 407-421 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00049 File-URL: http://hdl.handle.net/10.1111/1467-6303.00049 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:407-421 Template-Type: ReDIF-Article 1.0 Author-Name: Steve G. Sutton Author-X-Name-First: Steve G. Author-X-Name-Last: Sutton Title: Information Systems Reliability Assurance: the Ingerent Difficulty in Structered Analysis of Dynamic Processes Abstract: The area of information systems reliability assurance is taking on increasing importance as several professional accountancy bodies have adopted standards and criteria for assurance practices. This importance is compounded by the inevitability of a shift in future audit models to an empha‐sis on information systems reliability. This paper looks at the conflicts that occur in attempting to use structured analysis to evaluate development processes that are often dynamic rather than static. Discussion then shifts to consideration of the unconscionable absence in both assurance models and development processes of consideration for the impact of technology implementations on individuals and society. Journal: Accounting Forum Pages: 422-428 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00050 File-URL: http://hdl.handle.net/10.1111/1467-6303.00050 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:422-428 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Index to Volume 24 2000 Journal: Accounting Forum Pages: 429-430 Issue: 4 Volume: 24 Year: 2000 Month: 12 X-DOI: 10.1111/1467-6303.00051 File-URL: http://hdl.handle.net/10.1111/1467-6303.00051 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:24:y:2000:i:4:p:429-430 Template-Type: ReDIF-Article 1.0 Author-Name: Charles H. Cho Author-X-Name-First: Charles H. Author-X-Name-Last: Cho Author-Name: Sumit K. Lodhia Author-X-Name-First: Sumit K. Author-X-Name-Last: Lodhia Author-Name: Giovanna Michelon Author-X-Name-First: Giovanna Author-X-Name-Last: Michelon Author-Name: Carol A. Tilt Author-X-Name-First: Carol A. Author-X-Name-Last: Tilt Title: Farewell tribute to professor Rob Gray Journal: Accounting Forum Pages: 179-179 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2020.1793655 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1793655 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:179-179 Template-Type: ReDIF-Article 1.0 Author-Name: Leonardo Rinaldi Author-X-Name-First: Leonardo Author-X-Name-Last: Rinaldi Author-Name: Charles H. Cho Author-X-Name-First: Charles H. Author-X-Name-Last: Cho Author-Name: Sumit K. Lodhia Author-X-Name-First: Sumit K. Author-X-Name-Last: Lodhia Author-Name: Giovanna Michelon Author-X-Name-First: Giovanna Author-X-Name-Last: Michelon Author-Name: Carol A. Tilt Author-X-Name-First: Carol A. Author-X-Name-Last: Tilt Title: Accounting in times of the COVID-19 pandemic: a forum for academic research Journal: Accounting Forum Pages: 180-183 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2020.1778873 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1778873 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:180-183 Template-Type: ReDIF-Article 1.0 Author-Name: Nadia Albu Author-X-Name-First: Nadia Author-X-Name-Last: Albu Author-Name: Cătălin N. Albu Author-X-Name-First: Cătălin N. Author-X-Name-Last: Albu Author-Name: Sidney J. Gray Author-X-Name-First: Sidney J. Author-X-Name-Last: Gray Title: Institutional factors and the impact of international financial reporting standards: the Central and Eastern European experience Abstract: We examine the impact of International Financial Reporting Standards (IFRS) in the institutional context of the Central and Eastern European (CEE) member countries of the European Union. Extending prior IFRS research with national or multi-country regional insights from CEE, we investigate both firm-level financial reporting benefits and country-level benefits, together with the cost–benefit relationships involved, following from IFRS adoption. We survey expert professionals employed by Big 4 firms, acting as auditors and/or consultants in the application of IFRS, in locations across ten CEE countries. Financial reporting benefits, which are mainly firm-related, are perceived to have been realised to a higher extent than country-level benefits. Our analyses of micro-level institutional factors suggest that the accounting and auditing profession was the most valuable resource in the IFRS adoption process in CEE. A serious adoption process at the micro-level, signalled by high levels of perceived difficulties and regulatory impediments, along with resources available at the country-level and enforcement initiatives, is associated with financial reporting benefits. Country-level benefits are perceived to have materialised to a higher extent in countries with a lower quality of institutions, but with more organisational enablers available at the micro-institutional level. Benefits are perceived to exceed costs to a lesser extent in larger countries and in those with stronger institutions. This perception might be driven by higher expectations from IFRS in countries allocating more resources to IFRS and already having a more developed infrastructure. Overall, the benefits from IFRS adoption are perceived to overcome the costs in the long term. Journal: Accounting Forum Pages: 184-214 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2019.1701793 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1701793 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:184-214 Template-Type: ReDIF-Article 1.0 Author-Name: Paul André Author-X-Name-First: Paul Author-X-Name-Last: André Author-Name: Fani Kalogirou Author-X-Name-First: Fani Author-X-Name-Last: Kalogirou Title: IFRS adoption by UK unlisted firms: subsidiary- versus group-level incentives Abstract: We examine both subsidiary- and group-level determinants of IFRS adoption by unlisted UK firms. Many unlisted firms are part of large conglomerate groups. For these firms, decisions about reporting practices are expected to be made at the group-level. Consistent with this hypothesis, we find that subsidiaries adopt IFRS as part of their group’s strategy to improve within group monitoring and raise external debt capital. The probability of a subsidiary adopting IFRS increases further when the parent firm is applying IFRS itself, when the within group information asymmetry is greater, and when the subsidiary is less autonomous. ROC curve analysis indicates that these incentives are more important than traditional subsidiary-level incentives studied previously. In additional analyses, we find that adopting subsidiaries benefit from better accounting quality and higher investment efficiency. Journal: Accounting Forum Pages: 215-237 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2019.1627715 File-URL: http://hdl.handle.net/10.1080/01559982.2019.1627715 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:215-237 Template-Type: ReDIF-Article 1.0 Author-Name: Henry Agyei-Boapeah Author-X-Name-First: Henry Author-X-Name-Last: Agyei-Boapeah Author-Name: Michael Machokoto Author-X-Name-First: Michael Author-X-Name-Last: Machokoto Author-Name: Joseph Amankwah-Amoah Author-X-Name-First: Joseph Author-X-Name-Last: Amankwah-Amoah Author-Name: Abongeh Tunyi Author-X-Name-First: Abongeh Author-X-Name-Last: Tunyi Author-Name: Samuel Fosu Author-X-Name-First: Samuel Author-X-Name-Last: Fosu Title: IFRS adoption and firm value: African evidence Abstract: We examine the impact of the adoption of International Financial Reporting Standards (IFRS) on firm value using a sample of African listed firms selected over the 2000–2015 period. Our results show that the adoption of IFRS positively impacts firm value. We further find that the impact of IFRS adoption on firm value is more pronounced in environments where there is a greater commitment to the rule of law. Moreover, the increase in firm value is more pronounced for firms with a higher degree of financial constraints. Finally, additional results suggest that the benefits of fully implementing IFRS are higher than those arising from partial/modified adoption. Our results are robust to controlling for other factors that affect firm value and to alternative sampling procedures. Journal: Accounting Forum Pages: 238-261 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2020.1766755 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1766755 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:238-261 Template-Type: ReDIF-Article 1.0 Author-Name: Aruoriwo Marian Chijoke-Mgbame Author-X-Name-First: Aruoriwo Marian Author-X-Name-Last: Chijoke-Mgbame Author-Name: Agyenim Boateng Author-X-Name-First: Agyenim Author-X-Name-Last: Boateng Author-Name: Chijoke Oscar Mgbame Author-X-Name-First: Chijoke Oscar Author-X-Name-Last: Mgbame Title: Board gender diversity, audit committee and financial performance: evidence from Nigeria Abstract: This paper considers the effects of female representation and the proportion of female representation on corporate boards and audit committees on financial performance in an African context where institutions are weak. Employing a panel of 77 firms, our results show that female board representation exerts a positive and significant influence on firm financial performance. The study also finds that the performance effect of gender diversity is stronger for firms with two or more female directors, suggesting that building a critical mass of female representation enhances firm financial performance. Further analysis indicates that the inclusion of females on the audit committee appears to have a positive impact on firm financial performance. Our results are robust after controlling for endogeneity and the use of alternative measures of board gender diversity. Journal: Accounting Forum Pages: 262-286 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2020.1766280 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1766280 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:262-286 Template-Type: ReDIF-Article 1.0 Author-Name: Georgios Papanastasopoulos Author-X-Name-First: Georgios Author-X-Name-Last: Papanastasopoulos Title: Percent accruals and the accrual anomaly: evidence from the UK Abstract: Using the percent accrual measure proposed by Hafzalla, N., Lundholm, R., & Van Winkle, M. (2011. Percent accruals. The Accounting Review, 86, 209–236), we empirically evaluate the predictions of earnings fixation hypothesis and limits to arbitrage hypothesis on the accrual anomaly in the U.K. stock market. We show a strong negative relation of percent accruals with future profitability and stock returns. We find that the effect of percent accruals on future earnings and stock price performance is stronger across loss firms relative to profit firms. Furthermore, we show that the effect of percent accruals on stock returns is more pronounced for micro stocks relative to small stocks, while it doesn’t occur across big stocks. Overall, we conclude that earnings fixation is a key factor in explaining the occurrence of the percent accrual anomaly, while limits to arbitrage are of great significance in explaining the persistence of the anomaly. Journal: Accounting Forum Pages: 287-310 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2020.1736758 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1736758 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:287-310 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Special Issue of Accounting Forum: “Accounting for the Circular Economy” Journal: Accounting Forum Pages: 311-313 Issue: 3 Volume: 44 Year: 2020 Month: 7 X-DOI: 10.1080/01559982.2020.1801134 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1801134 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:3:p:311-313 Template-Type: ReDIF-Article 1.0 Author-Name: Mirwais Usmani Author-X-Name-First: Mirwais Author-X-Name-Last: Usmani Author-Name: Jane Davison Author-X-Name-First: Jane Author-X-Name-Last: Davison Author-Name: Christopher J. Napier Author-X-Name-First: Christopher J. Author-X-Name-Last: Napier Title: The production of stand-alone sustainability reports: visual impression management, legitimacy and “functional stupidity” Abstract: Research on stand-alone sustainability reports (SASRs) has focused on published documents rather than on the process by which SASRs are produced. This study investigates the process of producing Global Reporting Initiative (GRI) G3.1 A+ rated SASRs, particularly examining how visual impression management choices are made within the organisation. The study analyses how and by whom SASRs are prepared, and the rationale for using visuals and blank space, and examines the respective roles of reporting managers and Chief Executive Officers (CEOs).Semi-structured interviews were carried out with ten managers responsible for the process of preparing SASRs. The main findings are (i) the process and preparation of SASRs is complex and costly, (ii) the communication department champions the process of SASRs and external designers are responsible for the design of SASRs, (iii) the CEO plays a varying role in selecting designers and determining the form and (visual) content of the SASRs, (iv) reporting managers are constrained by the CEO’s reporting strategy, and (v) visuals and blank space are used symbolically to advance the CEO’s reporting strategy in order to maintain legitimacy.We suggest that the tensions imposed on managers responsible for preparing SASRs provide evidence of “functional stupidity” within organisations, which employ an economics of persuasion that emphasises image and symbolic manipulations, and where reporting managers are encouraged to conform to perceived reporting strategies. The exploratory nature of this study opens avenues for future research in the context of “functional stupidity” and reporting processes. Journal: Accounting Forum Pages: 315-343 Issue: 4 Volume: 44 Year: 2020 Month: 10 X-DOI: 10.1080/01559982.2020.1782566 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1782566 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:4:p:315-343 Template-Type: ReDIF-Article 1.0 Author-Name: Maryam Safari Author-X-Name-First: Maryam Author-X-Name-Last: Safari Author-Name: Amreen Areeb Author-X-Name-First: Amreen Author-X-Name-Last: Areeb Title: A qualitative analysis of GRI principles for defining sustainability report quality: an Australian case from the preparers’ perspective Abstract: This paper aims to analyze how sustainability report preparers perceive the Global Reporting Initiative’s (GRI) Principles for Defining Report Quality and explore the opportunities, challenges and influential factors that report preparers experience in the application of these principles. Underpinned by a critical agenda, this study brings together an exploratory approach and a thematic analysis of qualitative data derived from in-depth semi-structured interviews with key individuals closely involved in the preparation of sustainability reports. The global recognition of GRI reporting offers a context that allows the findings to be applicable to stakeholders worldwide. The study’s major findings indicated that under-developed reporting systems, along with time and cost constraints, have served as prominent barriers to efficient practicalization of the Principles for Defining Report Quality. The findings provide exemplars and suggestions on good sustainability reporting practices, such as digitalization of organizations’ supply-chain management, communication strategies and stakeholder relation mechanisms, and explain advantages of transition to two-way communication strategies that enable sensemaking and sensegiving conjointly. Journal: Accounting Forum Pages: 344-375 Issue: 4 Volume: 44 Year: 2020 Month: 10 X-DOI: 10.1080/01559982.2020.1736759 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1736759 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:4:p:344-375 Template-Type: ReDIF-Article 1.0 Author-Name: Umesh Sharma Author-X-Name-First: Umesh Author-X-Name-Last: Sharma Author-Name: Denise Frost Author-X-Name-First: Denise Author-X-Name-Last: Frost Title: Social capital and the budgeting process: a study of three organisations Abstract: This paper examines the budgeting process in three organisations that differ in their profit orientation and the industries within which they operate, using a social capital perspective. A qualitative case study approach was used. Semi-structured interviews were used to interview 38 managers involved in the budgeting process at the three case study organisations. The study highlights the importance of the social side of budgeting in organisations. Social capital arises through people working together and achieving more than they could working as separate individuals. An aspect of budgeting common to all organisations was the participation of interviewees in setting the budget. The social aspects of budgeting are not largely explored in the literature, and social capital theory is considered in order to shed light on this issue. The study provides insight for practitioners and policy makers on how social aspects influence (or not) the budgeting processes of organisations with different scopes. Journal: Accounting Forum Pages: 376-397 Issue: 4 Volume: 44 Year: 2020 Month: 10 X-DOI: 10.1080/01559982.2020.1777637 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1777637 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:4:p:376-397 Template-Type: ReDIF-Article 1.0 Author-Name: Matthew Egan Author-X-Name-First: Matthew Author-X-Name-Last: Egan Author-Name: William Yanxi Xu Author-X-Name-First: William Author-X-Name-Last: Yanxi Xu Title: The true and fair view: exploring how managers, directors and auditors engage in practice Abstract: Financial reporting regulations and codes throughout the world require directors to declare that financial statements comply with applicable accounting standards and give a “true and fair” (or equivalent) view. External auditors are then required to provide an opinion on whether those two requirements are achieved. This study provides case-based insight into how managers, audit committee members, and external auditors engage with the true and fair concept in preparing financial statements. All interviewees valued the concept, arguing that it enabled robust discussion. For managers and audit committee members, it facilitated thinking and debate about underlying commercial substance. While compliance with accounting standards was perceived to achieve a true and fair view in most circumstances, there were exceptions. In some cases, managers responded by proposing the inclusion of disclosures which went beyond the requirements of accounting standards. However, external auditors were reluctant to endorse content which did not directly align with accounting standards. Our study contributes to debates regarding both the meaning of true and fair, and its ongoing utility. Journal: Accounting Forum Pages: 398-420 Issue: 4 Volume: 44 Year: 2020 Month: 10 X-DOI: 10.1080/01559982.2020.1727177 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1727177 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:4:p:398-420 Template-Type: ReDIF-Article 1.0 Author-Name: Daisy Yau-Yeung Author-X-Name-First: Daisy Author-X-Name-Last: Yau-Yeung Author-Name: Ogan Yigitbasioglu Author-X-Name-First: Ogan Author-X-Name-Last: Yigitbasioglu Author-Name: Peter Green Author-X-Name-First: Peter Author-X-Name-Last: Green Title: Cloud accounting risks and mitigation strategies: evidence from Australia Abstract: Much has been written about the adoption and benefits of cloud computing in different contexts, yet it is not clear how cloud computing has affected the practice of accounting. This empirical study applies transaction cost economics to explore the risks of cloud-based accounting systems and services in Australia and it identifies several risk mitigation strategies adopted by organisations. The findings based on interviews with accounting practices, amongst others, are classified according to the Technology-Organisation-Environment framework. The evidence suggests that cloud accounting not only introduces specific risks to the “accounting process” but some of the known risks associated with other cloud-based applications are more pronounced. While transaction-specific factors such as vendor selection and contractual arrangements were considered important as risk mitigation strategies, internal measures including policy development and staff training were seen as critical to cloud accounting. Journal: Accounting Forum Pages: 421-446 Issue: 4 Volume: 44 Year: 2020 Month: 10 X-DOI: 10.1080/01559982.2020.1783047 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1783047 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:4:p:421-446 Template-Type: ReDIF-Article 1.0 Author-Name: The Editors Title: Call for papers Journal: Accounting Forum Pages: 447-449 Issue: 4 Volume: 44 Year: 2020 Month: 10 X-DOI: 10.1080/01559982.2020.1827811 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1827811 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:44:y:2020:i:4:p:447-449 Template-Type: ReDIF-Article 1.0 Author-Name: Haozhe (Michael) Song Author-X-Name-First: Haozhe (Michael) Author-X-Name-Last: Song Author-Name: Gunnar Rimmel Author-X-Name-First: Gunnar Author-X-Name-Last: Rimmel Title: Heterogeneity in CSR activities: is CSR investment monotonically associated with earnings quality? Abstract: Extant studies have investigated the relation between corporate social responsibility (CSR) endeavours and earnings quality based on monotonic models, showing mixed and inconclusive empirical evidence. By identifying heterogeneity in CSR investments, we extend prior literature to explore the potentially nonmonotonic nature of this relation. Specifically, we classify firms into two sub-groups, entities underinvesting and overinvesting in CSR activities, in which the levels of CSR investments are lower and higher than the theoretically optimal point respectively. Our empirical results show that the level of CSR underinvestment is positively associated with the magnitude of both accrual-based earnings management (AEM) and real earnings management (REM) and, hence, negatively related to earnings quality. For firms overinvesting in CSR activities, we do not find a significant relation between CSR overinvestment and AEM. The empirical analyses for real activities manipulation exhibit inconsistent results throughout our four REM proxies. However, the mixed evidence for firms with CSR overinvestment cannot fully exclude the possibility that overinvesting in CSR activities has a significant impact on future financial reporting quality. Varying incentives for CSR overinvestment in different firms could drive the inconsistent results. The positive effect of CSR overinvestment by some firms may offset the negative effect brought about by other entities, making the overall effect minor and unnoticeable. Our empirical results, together with some other CSR-related research, emphasise the need for more transparent reporting regarding the detailed nature, aim, and strategy of relevant CSR investments to help investing communities and other constituents better understand the incentives behind CSR activities. Journal: Accounting Forum Pages: 1-29 Issue: 1 Volume: 45 Year: 2021 Month: 1 X-DOI: 10.1080/01559982.2020.1810428 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1810428 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:1:p:1-29 Template-Type: ReDIF-Article 1.0 Author-Name: Ahmed Abdel-Maksoud Author-X-Name-First: Ahmed Author-X-Name-Last: Abdel-Maksoud Author-Name: Mirna Jabbour Author-X-Name-First: Mirna Author-X-Name-Last: Jabbour Author-Name: Magdy Abdel-Kader Author-X-Name-First: Magdy Author-X-Name-Last: Abdel-Kader Title: Stakeholder pressure, eco-control systems, and firms’ performance: empirical evidence from UK manufacturers Abstract: This study investigates whether stakeholder pressure directly intensifies the extent of eco-control systems’ use, and thus indirectly affects economic and environmental performance. Cross-sectional data was collected from 93 UK manufacturers belonging to industries of high pollution propensity, and analysed using structural equation modelling. This study provides a broader understanding of environmental management control systems (EMCS) development, responds to calls in the literature for extending prior empirical research to both the antecedents and consequences of EMCS, and offers further evidence from the UK context (one of the leading countries in tackling environmental-related issues). Our findings reveal that the pressure from organisational stakeholders is significantly and positively associated with all eco-control systems’ constructs. Interestingly, our findings indicate a lack of significant indirect relations between stakeholder pressure groups and firms’ performance (economic or environmental), and only eco-control incentives influence UK firms’ environmental performance. Journal: Accounting Forum Pages: 30-57 Issue: 1 Volume: 45 Year: 2021 Month: 01 X-DOI: 10.1080/01559982.2020.1827697 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1827697 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:1:p:30-57 Template-Type: ReDIF-Article 1.0 Author-Name: Theo Lynn Author-X-Name-First: Theo Author-X-Name-Last: Lynn Author-Name: Pierangelo Rosati Author-X-Name-First: Pierangelo Author-X-Name-Last: Rosati Author-Name: Brid Murphy Author-X-Name-First: Brid Author-X-Name-Last: Murphy Title: Does size matter? Non-market social and political engagement by accounting firms in the #Brexit discourse on Twitter Abstract: Social media is widely used by accounting firms to achieve a variety of business objectives and is a key enabler of non-market strategies. Socio-political involvement (SPI) involves firms taking positions on issues that lack societal consensus, have low information rationality, evolving viewpoints and issue salience, with no clear performance outcomes for firms. SPI may result in firms alienating stakeholders with opposing views, resulting in no or adverse performance outcomes. Accounting firms traditionally may not engage with such issues due to the associated reputational risk. Further, research suggests firm size is one of the most prominent firm-level antecedents of socio-political engagement. As the empirical context for this paper, we choose the Brexit referendum, a significant historical but divisive event with contested social norms. This paper explores the engagement of accounting firms on Twitter with the #Brexit discourse from the referendum announcement to one month after the vote. The objectives of the study are to understand the nature of non-market socio-political engagement by accounting firms in the #Brexit discourse on Twitter, and explore the differences between accounting firms of different size in this context. Our findings suggest that accounting firms engaged in the #Brexit Twitter discourse through a variety of non-market socio-political engagement activities, and that smaller firms tended to engage more than larger firms, most likely reflecting the ideological inclination of firm management. The engagement of accounting firms in socio-political discourse extends our understanding of how accounting firms of all sizes use social media and supports critical accounting and institutional perspectives. Journal: Accounting Forum Pages: 58-84 Issue: 1 Volume: 45 Year: 2021 Month: 01 X-DOI: 10.1080/01559982.2020.1846387 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1846387 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:1:p:58-84 Template-Type: ReDIF-Article 1.0 Author-Name: Mari Paananen Author-X-Name-First: Mari Author-X-Name-Last: Paananen Author-Name: Emmeli Runesson Author-X-Name-First: Emmeli Author-X-Name-Last: Runesson Author-Name: Niuosha Samani Author-X-Name-First: Niuosha Author-X-Name-Last: Samani Title: Time to clean up environmental liabilities reporting: disclosures, media exposure and market implications Abstract: We investigate firms’ disclosures related to environmental liabilities (EL), how these vary with media exposure, and whether they have information content. Using a sample of European-listed firms reporting under IFRS from 2005 to 2016, we observe diversity in disclosure practices across industries and regions. Although there is an increasing disclosure trend, the level of disclosure of key inputs used to estimate EL (i.e. discount rates and horizons) remains low, with only 35% of firm-years with material EL containing disclosures of both inputs. Furthermore, we test and find that firms facing more media exposure related to environmental matters provide disclosures that are more specific and are more likely to disclose discount rates. Finally, we show that EL disclosure specificity is associated with lower bid-ask spreads following the filing of the annual report and reduced analyst forecast error and dispersion, suggesting specific disclosure reduces information asymmetry. Journal: Accounting Forum Pages: 85-116 Issue: 1 Volume: 45 Year: 2021 Month: 01 X-DOI: 10.1080/01559982.2021.1872909 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1872909 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:1:p:85-116 Template-Type: ReDIF-Article 1.0 Author-Name: Charles H. Cho Author-X-Name-First: Charles H. Author-X-Name-Last: Cho Author-Name: Sumit K. Lodhia Author-X-Name-First: Sumit K. Author-X-Name-Last: Lodhia Author-Name: Giovanna Michelon Author-X-Name-First: Giovanna Author-X-Name-Last: Michelon Author-Name: Carol A. Tilt Author-X-Name-First: Carol A. Author-X-Name-Last: Tilt Title: Editorial Journal: Accounting Forum Pages: 117-117 Issue: 2 Volume: 45 Year: 2021 Month: 04 X-DOI: 10.1080/01559982.2021.1926059 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1926059 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:2:p:117-117 Template-Type: ReDIF-Article 1.0 Author-Name: Claudio de Araujo Wanderley Author-X-Name-First: Claudio de Araujo Author-X-Name-Last: Wanderley Author-Name: John Cullen Author-X-Name-First: John Author-X-Name-Last: Cullen Author-Name: Mathew Tsamenyi Author-X-Name-First: Mathew Author-X-Name-Last: Tsamenyi Title: Corporate political strategy: the roles of management accounting in relational work Abstract: Research has provided substantial evidence that firms engage in Corporate Political Activity/Strategy (CPA), as a form of relational work, to manage and influence political actors and shape political institutions in ways favourable to the firm. However, relatively little is known about how management accounting is mobilised in an organisation in order to support CPA attempts. This paper addresses this gap by investigating how management accounting is implicated in relational work. We explore this issue in a Brazilian organisation (Electra), which was privatised as part of a wider privatisation program in Brazil. We draw on the institutional work and CPA (in particular on Oliver and Holzinger’s [2008. The effectiveness of strategic political management: A dynamic capabilities framework. The Academy of Management Review, 33(2), 496–520. https://doi.org/10.5465/amr.2008.31193538] framework) literature. By doing so, we find that our focal firm used a multiplicity of relational strategy types (i.e. reactive, anticipatory, defensive, and proactive) in a more simultaneous way than has previously been reported in the literature. Moreover, we identify four roles that management accounting may play in organisations’ attempts to engage in CPA. These roles were intertwined with the relational strategies adopted in our focal company. This finding contrasts with the research in management accounting, which has dichotomised passive and active responses to external pressures. We show that these two responses were blended in our case, and management accounting may be concomitantly implicated in compliance and influence strategies. We further discuss these findings in relation to the literature on relational work/strategy and management accounting. Journal: Accounting Forum Pages: 200-226 Issue: 2 Volume: 45 Year: 2021 Month: 04 X-DOI: 10.1080/01559982.2020.1848321 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1848321 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:2:p:200-226 Template-Type: ReDIF-Article 1.0 Author-Name: Carla Antonini Author-X-Name-First: Carla Author-X-Name-Last: Antonini Author-Name: Wioleta Olczak Author-X-Name-First: Wioleta Author-X-Name-Last: Olczak Author-Name: Dennis M. Patten Author-X-Name-First: Dennis M. Author-X-Name-Last: Patten Title: Corporate climate change disclosure during the Trump administration: evidence from standalone CSR reports Abstract: In support of legitimacy theory arguments for corporate social responsibility disclosure, a variety of prior studies document that either increases or decreases in social and regulatory cost exposures appear to lead to corresponding changes in the level of information provided. However, none of these studies investigates a situation where social and regulatory cost exposure changes are not in sync; a situation we argue taking place with respect to the Trump presidency in the United States, and none considers the role that political polarization might play in company responses. Based on a sample of 170 large U.S. firms, we find that the extent of climate change disclosure in standalone CSR reports did not appear to change, on average, from the Pre-Trump (2014–2015) to the Trump (2017–2018) eras. However, cross sectional analysis indicates more negative changes in disclosure for companies headquartered in states strongly supporting Trump in the 2016 election relative to other firms and more positive changes for companies in carbon intensive industries. Where firms are subject to both factors, we provide evidence that, at least with respect to space allocated to climate change disclosure in the reports, the increased social concerns appear to dominate reduced regulatory exposures. Our results support legitimacy theory arguments, but illustrate the importance of disentangling potentially competing effects, and suggest attention needs to be paid to potential differing political climates in the locales of organizations’ headquarters. Journal: Accounting Forum Pages: 118-141 Issue: 2 Volume: 45 Year: 2021 Month: 04 X-DOI: 10.1080/01559982.2021.1909819 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1909819 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:2:p:118-141 Template-Type: ReDIF-Article 1.0 Author-Name: Ushi Ghoorah Author-X-Name-First: Ushi Author-X-Name-Last: Ghoorah Author-Name: A K M Mominul Haque Talukder Author-X-Name-First: A K M Mominul Haque Author-X-Name-Last: Talukder Author-Name: Aila Khan Author-X-Name-First: Aila Author-X-Name-Last: Khan Title: Donors’ perceptions of financial disclosures and links to donation intentions Abstract: The not-for-profit literature has not fully explored the decision-usefulness of financial disclosures with respect to the public’s donation intentions. Engaging with this lacuna, this study proposes that reputation and trust serve as important causal links between donors’ perceptions of the decision-usefulness of financial disclosures and their donation intentions. The study adopts the theory of planned behaviour and applies structural equation modelling to 400 useable responses from an Australian survey. The study finds: (1) a strong link between financial disclosures which donors perceive as decision-useful and their perception of the reputation of the reporting not-for-profit organisation (NFP), (2) a close association between donors’ perception of the reputation of an NFP (that is, their behavioural belief) and their trust in the organisation (their attitude), and (3) a significant link between donors’ trust in an NFP and hence their attitude towards the organisation with respect to their donation intentions. These results imply that the decision-usefulness of an NFP’s financial disclosures make donors more inclined to donate to the NFP via the impact of disclosures on donors’ perceptions of reputation and thence trustworthiness. In addition to contributing to the emergent NFP literature on disclosures and giving behaviour, these findings inform financial disclosure policies and practice by furthering the case for decision-useful financial disclosures among NFPs. Journal: Accounting Forum Pages: 142-170 Issue: 2 Volume: 45 Year: 2021 Month: 04 X-DOI: 10.1080/01559982.2021.1872892 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1872892 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:2:p:142-170 Template-Type: ReDIF-Article 1.0 Author-Name: Dafydd Mali Author-X-Name-First: Dafydd Author-X-Name-Last: Mali Author-Name: Hyoung-joo Lim Author-X-Name-First: Hyoung-joo Author-X-Name-Last: Lim Title: Can audit effort (hours) reduce a firm’s cost of capital? Evidence from South Korea Abstract: In this paper, we examine the relationship between audit effort measured as audit hours and a firm’s weighted average cost of capital (WACC). Using a sample of Korean listed firms, we hypothesise a potentially bi-directional relationship between WACC and audit effort based on audit “supply”/audit “demand” theory. We find that after controlling for known determinants of firm risk, additional audit hours reduce a firm’s WACC. In our additional analysis, we continue to find that WACC reduces with audit hours based on risk partitioning for (i) Big4 clients/investment grade (IG) firms and (ii) NonBig4 clients/non-investment grade (NIG) firms. However, we find the reduction in WACC occurs at a lower rate for the less risky group compared to the riskier group. We interpret that market participants consider Big4 clients/IG firms to have lower risk, and thus, the marginal effect of greater audit hours in enhancing audit quality (reducing audit risk) is lower for Big4 clients/IG firms compared to NonBig4 clients/NIG firms. Taken together, our findings consistently demonstrate that audit hours (effort) reduce WACC based on audit hours signalling audit quality to market participants. Journal: Accounting Forum Pages: 171-199 Issue: 2 Volume: 45 Year: 2021 Month: 04 X-DOI: 10.1080/01559982.2020.1848347 File-URL: http://hdl.handle.net/10.1080/01559982.2020.1848347 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:2:p:171-199 Template-Type: ReDIF-Article 1.0 Author-Name: Chandana Alawattage Author-X-Name-First: Chandana Author-X-Name-Last: Alawattage Author-Name: Diane-Laure Arjaliès Author-X-Name-First: Diane-Laure Author-X-Name-Last: Arjaliès Author-Name: Mereana Barrett Author-X-Name-First: Mereana Author-X-Name-Last: Barrett Author-Name: Julie Bernard Author-X-Name-First: Julie Author-X-Name-Last: Bernard Author-Name: Silvia Pereira de Castro Casa Nova Author-X-Name-First: Silvia Pereira Author-X-Name-Last: de Castro Casa Nova Author-Name: Charles H. Cho Author-X-Name-First: Charles H. Author-X-Name-Last: Cho Author-Name: Christine Cooper Author-X-Name-First: Christine Author-X-Name-Last: Cooper Author-Name: Mercy Denedo Author-X-Name-First: Mercy Author-X-Name-Last: Denedo Author-Name: Caecilia Drujon D’Astros Author-X-Name-First: Caecilia Drujon Author-X-Name-Last: D’Astros Author-Name: Russell Evans Author-X-Name-First: Russell Author-X-Name-Last: Evans Author-Name: Amanze Ejiogu Author-X-Name-First: Amanze Author-X-Name-Last: Ejiogu Author-Name: Lex Frieden Author-X-Name-First: Lex Author-X-Name-Last: Frieden Author-Name: Alessandro Ghio Author-X-Name-First: Alessandro Author-X-Name-Last: Ghio Author-Name: Nicholas McGuigan Author-X-Name-First: Nicholas Author-X-Name-Last: McGuigan Author-Name: Yi Luo Author-X-Name-First: Yi Author-X-Name-Last: Luo Author-Name: Erica Pimentel Author-X-Name-First: Erica Author-X-Name-Last: Pimentel Author-Name: Lisa Powell Author-X-Name-First: Lisa Author-X-Name-Last: Powell Author-Name: Paula Andrea Navarro Pérez Author-X-Name-First: Paula Andrea Navarro Author-X-Name-Last: Pérez Author-Name: Paolo Quattrone Author-X-Name-First: Paolo Author-X-Name-Last: Quattrone Author-Name: Andrea M. Romi Author-X-Name-First: Andrea M. Author-X-Name-Last: Romi Author-Name: Stewart Smyth Author-X-Name-First: Stewart Author-X-Name-Last: Smyth Author-Name: Joanne Sopt Author-X-Name-First: Joanne Author-X-Name-Last: Sopt Author-Name: Matthew Sorola Author-X-Name-First: Matthew Author-X-Name-Last: Sorola Title: Opening accounting: a Manifesto Journal: Accounting Forum Pages: 227-246 Issue: 3 Volume: 45 Year: 2021 Month: 07 X-DOI: 10.1080/01559982.2021.1952685 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1952685 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:3:p:227-246 Template-Type: ReDIF-Article 1.0 Author-Name: Michalis Makrominas Author-X-Name-First: Michalis Author-X-Name-Last: Makrominas Author-Name: Yiannis Yiannoulis Author-X-Name-First: Yiannis Author-X-Name-Last: Yiannoulis Title: I.P.O. determinants of delisting risk: Lessons from the Athens Stock Exchange Abstract: Using data from the Athens Stock Exchange, we investigate early warning signs of delisting risk. We find that the probability of delisting and time to delist are positively associated with relative offer size and earnings’ manipulation, and negatively associated with hot-issuance periods and the joint effects of audit quality, amount of information in the I.P.O. prospectus, and the percentage of non-voluntary information. Our results are more strongly in line with asymmetric information explanations and more prevalent for voluntary delisted firms. Documenting I.P.O. survival factors for a new and different class of stocks extends the range of explanations for delisting risk. Journal: Accounting Forum Pages: 307-331 Issue: 3 Volume: 45 Year: 2021 Month: 07 X-DOI: 10.1080/01559982.2021.1885253 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1885253 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:3:p:307-331 Template-Type: ReDIF-Article 1.0 Author-Name: Amila Munasinghe Author-X-Name-First: Amila Author-X-Name-Last: Munasinghe Author-Name: Thomas Cuckston Author-X-Name-First: Thomas Author-X-Name-Last: Cuckston Author-Name: Nick Rowbottom Author-X-Name-First: Nick Author-X-Name-Last: Rowbottom Title: Sustainability certification as marketisation: Rainforest Alliance in the Sri Lankan tea production industry Abstract: Unsustainable production is a root cause of numerous social and ecological problems. Whilst sustainability certifications face criticism for exacerbating greenwashing, comparative studies have identified improvements in social and ecological outcomes on certified farms. In this paper, we investigate the process by which a sustainability certification can enable a production industry to move beyond mere greenwashing. We conceptualise sustainability certification as a process of marketisation, organising economic activities within a production industry in ways that can enable new forms of thought and action. To examine this marketisation process, we study the case of Rainforest Alliance certification in the Sri Lankan tea production industry. We draw on an extensive six-month period of fieldwork, involving 74 semi-structured interviews with people working across the industry. We find that accounting devices deployed in this marketisation process create new visibilities within the industry to distinguish sustainability-certified tea as a marketable economic good, to equip producers to become economic agents capable of participating in markets for sustainability-certified tea, and to construct an economic exchange connecting supplies from certified tea estates with demands from ethically minded consumers. Our findings contribute to research on accounting for sustainable development, shedding light on the process by which, despite ongoing concerns regarding greenwashing, sustainability certifications can bring about positive impacts on social and ecological outcomes. Journal: Accounting Forum Pages: 247-272 Issue: 3 Volume: 45 Year: 2021 Month: 07 X-DOI: 10.1080/01559982.2021.1893053 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1893053 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:3:p:247-272 Template-Type: ReDIF-Article 1.0 Author-Name: Javad Oradi Author-X-Name-First: Javad Author-X-Name-Last: Oradi Author-Name: Sahar E-Vahdati Author-X-Name-First: Sahar Author-X-Name-Last: E-Vahdati Title: Female directors on audit committees, the gender of financial experts, and internal control weaknesses: evidence from Iran Abstract: While there is little evidence on the relationship between board gender diversity and internal control weaknesses (ICWs), existing studies are based on the U.S. data. We extend the literature by examining the relationship between female directors on audit committees (ACs) and ICWs in Iran, a developing country with different cultural and corporate governance characteristics from western countries, which are the focus of most previous studies. We further split financial expert directors on ACs by gender and examine whether female and male financial experts on ACs are associated with ICWs. Using hand-collected data of 181 unique firms on the Tehran Stock Exchange (TSE) over the period 2013–2018, we find that firms with female representation on the AC are less likely to have ICWs. We also find that female financial experts on ACs are associated with fewer ICWs, whereas male financial experts on ACs are not significantly associated with ICWs. These results remain robust after performing several sensitivity tests. Overall, our results are interesting and indicate that the presence of female directors has a positive effect on corporate outcomes even in such an environment that is expected to yield different results. Our study has practical implications for Iranian regulators about gender-diversity policies. Journal: Accounting Forum Pages: 273-306 Issue: 3 Volume: 45 Year: 2021 Month: 07 X-DOI: 10.1080/01559982.2021.1920127 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1920127 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:3:p:273-306 Template-Type: ReDIF-Article 1.0 Author-Name: Jinghua Wang Author-X-Name-First: Jinghua Author-X-Name-Last: Wang Author-Name: Ning Mao Author-X-Name-First: Ning Author-X-Name-Last: Mao Title: Customer and tax behaviour: how customer concentration affect suppliers’ tax avoidance Abstract: This study discusses, from the perspective of the supplier-customer relationship, whether and how firms’ customer concentration affects corporate tax avoidance in the context of China. The results indicate that firms with higher customer concentration are more likely to engage in tax avoidance. Higher customer concentration increases firms’ operational risks, and hence, they tend to conduct more aggressive tax activities to meet the increasing demand for internal liquidity. Additionally, we find that the positive association between corporate customer concentration and tax avoidance is stronger in non-state-owned enterprises. Moreover, when firms face more cash flow volatility, less cash holdings, and a poorer external legal environment, aggressive tax activities induced by concentrated customers are more pronounced. Our findings not only extend the growing literature on the consequences of customer concentration for firms, but also provide new evidence on their motivation for corporate tax avoidance, with significant implications for supply chain management and corporate governance. Journal: Accounting Forum Pages: 363-388 Issue: 4 Volume: 45 Year: 2021 Month: 10 X-DOI: 10.1080/01559982.2021.1922187 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1922187 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:4:p:363-388 Template-Type: ReDIF-Article 1.0 Author-Name: Shaorou Hu Author-X-Name-First: Shaorou Author-X-Name-Last: Hu Author-Name: Ming Liu Author-X-Name-First: Ming Author-X-Name-Last: Liu Author-Name: Byungcherl Charlie Sohn Author-X-Name-First: Byungcherl Charlie Author-X-Name-Last: Sohn Author-Name: Desmond C. Y. Yuen Author-X-Name-First: Desmond C. Y. Author-X-Name-Last: Yuen Title: The impact of disclosure quality on analyst forecasts in China Abstract: Since the establishment of the Shenzhen Stock Exchange (SZSE) Disclosure Ranking System in 2001, the disclosure quality of listed companies has increased in China. As a result, analysts can access more timely, valuable, and reliable information to understand companies’ overall operating status, financial reports, and accrual components of earnings. As analysts can save time and costs when they have access to high-quality information provided by firms, their earnings forecast error and optimism bias are reduced, and analysts’ divergence of opinion on firm prospects decreases. Using a sample of 419 A-share firms listed on the Main Board of the SZSE over the 2001–2018 period, we investigate whether disclosure quality affects analysts’ forecasting behaviour in China’s securities market using SZSE disclosure ranking data, and find that high disclosure quality improves analyst forecast accuracy and reduces forecast optimism and forecast dispersion. We also find that disclosure quality is associated with an increase in a firm’s stock price synchronicity with the market and a decrease in industry-wide and firm-specific information, and that a good disclosure ranking can enhance the credibility of firm-specific information and therefore its usefulness to financial analysts in the emerging market of China. Journal: Accounting Forum Pages: 411-434 Issue: 4 Volume: 45 Year: 2021 Month: 10 X-DOI: 10.1080/01559982.2021.1936394 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1936394 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:4:p:411-434 Template-Type: ReDIF-Article 1.0 Author-Name: Ruchuan Jiang Author-X-Name-First: Ruchuan Author-X-Name-Last: Jiang Author-Name: Ying Han Fan Author-X-Name-First: Ying Han Author-X-Name-Last: Fan Author-Name: Glennda Scully Author-X-Name-First: Glennda Author-X-Name-Last: Scully Author-Name: Xinxin Jing Author-X-Name-First: Xinxin Author-X-Name-Last: Jing Title: The relationships of personal, social and demographic factors on Chinese auditors’ intentions to accept unethical engagements Abstract: This study aims to investigate the personal and social influences on Chinese auditors’ intentions to accept unethical engagements when faced with ethical dilemmas. The theory of reasoned action (TRA) is employed as the theoretical basis for the investigation. Personal factors (i.e. ethical ideologies) and social factors (i.e. Chinese interpersonal relationships, termed guanxi) are included in the TRA model to examine auditors’ intentions. A survey methodology is utilised in this study. The results from a sample of 306 auditors from several cities in China show that auditors’ idealism is positively associated with their attitudes towards the rejection of questionable engagements; conversely, relativism is negatively associated with their attitudes towards the rejection of questionable engagements. In addition, auditors’ guanxi orientations (i.e. favour-seeking and rent-seeking) are negatively associated with subjective norms, which suggests that auditors are aware that their close personal relationships with clients could be in conflict with their colleagues’ or supervisors’ expectations. In the further tests, this study controls for the effects of gender and region on auditors’ ethical intentions. The results indicate that female auditors may be more sensitive to ethical issues than male auditors, and auditors in southern China might adopt a more independent and fair perspective when confronted with ethical dilemmas. The findings can help managers better understand personal and social factors that influence their employees’ moral reasoning and adopt proper measures to enhance auditors’ ethical intentions. Journal: Accounting Forum Pages: 435-459 Issue: 4 Volume: 45 Year: 2021 Month: 10 X-DOI: 10.1080/01559982.2021.1975615 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1975615 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:4:p:435-459 Template-Type: ReDIF-Article 1.0 Author-Name: Junsheng Zhang Author-X-Name-First: Junsheng Author-X-Name-Last: Zhang Author-Name: Zheng Huo Author-X-Name-First: Zheng Author-X-Name-Last: Huo Author-Name: Yamin Zeng Author-X-Name-First: Yamin Author-X-Name-Last: Zeng Author-Name: Xiaojian Tang Author-X-Name-First: Xiaojian Author-X-Name-Last: Tang Author-Name: Oliver M. Rui Author-X-Name-First: Oliver M. Author-X-Name-Last: Rui Title: Corporate value added tax avoidance Abstract: Previous studies of corporate tax avoidance have focused exclusively on corporate income tax, an important tax for US firms in particular. Value added tax (VAT), which is a significant tax in other major economies in the world, is ignored in the literature. This paper examines corporate VAT avoidance behaviour in the context of China, where both corporate income tax and VAT are critical for firms. We develop a measure of corporate VAT avoidance and, using simultaneous equation regression, we find a complementary relationship between corporate income tax avoidance and VAT avoidance. This indicates that traditional studies that limit their focus to income tax may have underestimated the magnitude of firms’ tax avoidance. The negative effect of VAT avoidance on firm value supports extant arguments in the literature that the opaqueness caused by tax avoidance increase the agency cost between shareholders and managers. Journal: Accounting Forum Pages: 338-362 Issue: 4 Volume: 45 Year: 2021 Month: 10 X-DOI: 10.1080/01559982.2021.1949180 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1949180 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:4:p:338-362 Template-Type: ReDIF-Article 1.0 Author-Name: Charles H. Cho Author-X-Name-First: Charles H. Author-X-Name-Last: Cho Author-Name: Zhongwei Huang Author-X-Name-First: Zhongwei Author-X-Name-Last: Huang Author-Name: Donghui Li Author-X-Name-First: Donghui Author-X-Name-Last: Li Author-Name: Grantley Taylor Author-X-Name-First: Grantley Author-X-Name-Last: Taylor Title: Contemporary accounting developments in China Journal: Accounting Forum Pages: 333-337 Issue: 4 Volume: 45 Year: 2021 Month: 10 X-DOI: 10.1080/01559982.2021.1992743 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1992743 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:4:p:333-337 Template-Type: ReDIF-Article 1.0 Author-Name: Yan Wang Author-X-Name-First: Yan Author-X-Name-Last: Wang Author-Name: Zhuqian He Author-X-Name-First: Zhuqian Author-X-Name-Last: He Author-Name: Yuan George Shan Author-X-Name-First: Yuan George Author-X-Name-Last: Shan Author-Name: Xiaoying Liu Author-X-Name-First: Xiaoying Author-X-Name-Last: Liu Title: Other comprehensive income reporting and earnings management: evidence from China Abstract: Using data for 2007–2016 from a sample of Chinese listed firms, this study investigates how other comprehensive income (OCI) reporting influences earnings management. The results indicate that OCI reported in the income statement is more negatively associated with earnings management in the period 2009–2016 than in 2007–2008. There is no evidence that OCI reported is more negatively associated with earnings management in 2014–2016 than in 2009–2013. Further, we provide additional insights into OCI reporting and future cash flows, documenting that a firm’s OCI reporting provides incremental information content about operating earnings rather than about non-operating earnings. Journal: Accounting Forum Pages: 389-410 Issue: 4 Volume: 45 Year: 2021 Month: 10 X-DOI: 10.1080/01559982.2021.1966711 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1966711 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:45:y:2021:i:4:p:389-410 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Azizul Islam Author-X-Name-First: Muhammad Azizul Author-X-Name-Last: Islam Author-Name: Barry J. Cooper Author-X-Name-First: Barry J. Author-X-Name-Last: Cooper Author-Name: Shamima Haque Author-X-Name-First: Shamima Author-X-Name-Last: Haque Author-Name: Michael John Jones Author-X-Name-First: Michael Author-X-Name-Last: John Jones Title: Moral versus pragmatic legitimacy and corporate anti-bribery disclosure: evidence from Australia Abstract: This study examines how the notions of moral and pragmatic legitimacy explain the role of the Australian Stock Exchange (ASX) corporate governance guidelines on anti-bribery disclosure practices by Australian companies. In particular, by focusing on the largest 100 ASX-listed companies between 2001 and 2011, we aim to explore how the competing notions of pragmatic and moral legitimacy explain anti-bribery disclosure practices and how, during moments of crisis, managers, via anti-bribery disclosures, create a deficit of moral legitimacy in pursuing pragmatic legitimacy. This paper finds that generally anti-bribery disclosures respond to the ASX corporate governance disclosure guidelines – the norms that the broader community expects to be in place for businesses to be socially and ethically accountable. In particular, we find that when responding to the disclosure guidelines, managers are inclined to avoid disclosing actual incidents of bribery that have already been reported by the news media, consistent with avoiding possible financial penalties and protecting managerial and shareholders’ interests. Such a corporate response is a compromise between maintaining moral legitimacy and gaining pragmatic legitimacy. The lack of corporate response to incidents of bribery, in turn creates a deficit in moral legitimacy. Journal: Accounting Forum Pages: 30-56 Issue: 1 Volume: 46 Year: 2022 Month: 01 X-DOI: 10.1080/01559982.2021.1925037 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1925037 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:1:p:30-56 Template-Type: ReDIF-Article 1.0 Author-Name: J. Jamie O’Neill Author-X-Name-First: J. Jamie Author-X-Name-Last: O’Neill Author-Name: Krista Bondy Author-X-Name-First: Krista Author-X-Name-Last: Bondy Author-Name: Haiming Hang Author-X-Name-First: Haiming Author-X-Name-Last: Hang Title: Effectiveness of value congruent disclosures and firm credibility in mitigating legitimacy threats Abstract: This paper examines whether value congruent framing in firm disclosures, and firm credibility, help to repair or restore legitimacy following a legitimacy-threatening event. The methodology consists of two experiments. First, a pretest assesses whether participants judge negative information in a news article about a firm as a legitimacy-threatening event. Second, a main study determines whether participants’ legitimacy judgements and intention to oppose the firm are influenced by firm credibility and value congruent disclosures. Our findings demonstrate that firm credibility, in the form of past performance, partially repairs judgements of legitimacy and fully mitigates intention to oppose the firm. However, value congruent disclosures, in the form of firm messages that align with values strongly held by individuals making the legitimacy judgement, do not influence legitimacy judgements or behavioural intentions after a legitimacy-threating event, even when firm credibility is high. Taking both value congruence and firm credibility into consideration, this research indicates something rather challenging – value congruent disclosures do not matter but firm credibility does. The study contributes to the debate on the relative importance of what firms say compared with what they do by demonstrating the inefficacy of disclosures (what firms say) and, instead, the importance of firm credibility (what firms do) in legitimacy. Journal: Accounting Forum Pages: 1-29 Issue: 1 Volume: 46 Year: 2022 Month: 01 X-DOI: 10.1080/01559982.2021.1889790 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1889790 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:1:p:1-29 Template-Type: ReDIF-Article 1.0 Author-Name: Helen Rogers Author-X-Name-First: Helen Author-X-Name-Last: Rogers Author-Name: Lynne Oats Author-X-Name-First: Lynne Author-X-Name-Last: Oats Title: Transfer pricing: changing views in changing times Abstract: Transfer pricing for tax purposes has long been contentious, but recent political and public concerns about tax avoidance have energised critiques of current rules and debates about proposals for change. Transfer pricing tax rules are underpinned by the arm’s length principle and we consider how the common understanding of this principle has developed and changed, as criticism of it has grown and there have been increasing calls for change. In this qualitative study we draw on Bourdieusian concepts: we focus on the views of senior transfer pricing professionals relating to the UK and the US and consider how their views and transfer pricing practices have changed over a period of field disruption. This is important because calls for transformation of the field need to be cognizant of the extent to which existing practices are firmly embedded and thereby resilient to change. We find that over the period of our longitudinal study the senior transfer pricing professionals show a degree of adaptability to the use of the arm’s length principle, which continues to dominate. Journal: Accounting Forum Pages: 83-107 Issue: 1 Volume: 46 Year: 2022 Month: 01 X-DOI: 10.1080/01559982.2021.1926778 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1926778 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:1:p:83-107 Template-Type: ReDIF-Article 1.0 Author-Name: Tobias Polzer Author-X-Name-First: Tobias Author-X-Name-Last: Polzer Author-Name: Giuseppe Grossi Author-X-Name-First: Giuseppe Author-X-Name-Last: Grossi Author-Name: Christoph Reichard Author-X-Name-First: Christoph Author-X-Name-Last: Reichard Title: Implementation of the international public sector accounting standards in Europe. Variations on a global theme Abstract: As part of introducing accrual accounting in the public sector, many governments have – voluntarily – implemented the International Public Sector Accounting Standards (IPSAS) for financial reporting. Amongst other claimed benefits, IPSAS have been argued to facilitate comparison of adopters’ financial reports and to lead to favourable conditions on credit markets. However, governments that are confronted with the implementation decision face a trade-off between unaltered adoption, partial adoption, adaptation and non-adoption of standards. Drawing on insights from the literature on standardization and practice variation, this paper analyses the reasons, expressed by various actors from nine European countries, for deviating from implementing unaltered IPSAS and proposes a taxonomy of these reasons. The results show that, first, substantial deviations exist, and second, there is a plethora of reasons for them. These deviations are presented and then structured in the further course of the paper. As a consequence of deviations, achieving comparability as the central aim of standardization runs the risk of being undermined. Journal: Accounting Forum Pages: 57-82 Issue: 1 Volume: 46 Year: 2022 Month: 01 X-DOI: 10.1080/01559982.2021.1920277 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1920277 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:1:p:57-82 Template-Type: ReDIF-Article 1.0 Author-Name: Daniela Pianezzi Author-X-Name-First: Daniela Author-X-Name-Last: Pianezzi Author-Name: Lino Cinquini Author-X-Name-First: Lino Author-X-Name-Last: Cinquini Author-Name: Giuseppe Grossi Author-X-Name-First: Giuseppe Author-X-Name-Last: Grossi Author-Name: Massimo Sargiacomo Author-X-Name-First: Massimo Author-X-Name-Last: Sargiacomo Title: Migration and the neoliberal state: accounting ethics in the Italian response to the refugee crisis Abstract: This research adds to sparse accounting literature on immigration by problematizing the intertwined relationship between accounting and ethics in the neoliberal era. It explains ethical paradoxes inherent in the neoliberal project and how these unfold in the accounting practices deployed by the Italian state to handle the ongoing refugee crisis. Our analysis shows how the State’s proclaimed conviction to the human right cause turned out to be neoliberal in nature. On the one hand, the use of accounting was indeed partially dictated by the State’s mission of constructing the neoliberal citizen. On the other hand, accounting practices mainly prioritized efficiency over care and reflected the unwillingness of the State to enact responsibility for immigrants' human rights. We conclude that the use of accounting epitomizes complementary rather than opposing forms of neoliberalism and ultimately unveils the inability of the State to offer a humanitarian response to the immigration crisis. Journal: Accounting Forum Pages: 134-159 Issue: 2 Volume: 46 Year: 2022 Month: 04 X-DOI: 10.1080/01559982.2021.1927606 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1927606 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:2:p:134-159 Template-Type: ReDIF-Article 1.0 Author-Name: Hesham Ali Author-X-Name-First: Hesham Author-X-Name-Last: Ali Author-Name: Emmanuel Adegbite Author-X-Name-First: Emmanuel Author-X-Name-Last: Adegbite Author-Name: Tam Huy Nguyen Author-X-Name-First: Tam Huy Author-X-Name-Last: Nguyen Title: Ownership structure and political spending disclosure Abstract: This study examines the link between ownership structure and political spending disclosure (PSD). We break down ownership into four different groups of shareholders: institutional, insider, governmental and foreign. Using a unique dataset provided by CPA-Zicklin for PSD and a panel dataset from S&P 500 companies between 2015 and 2018, our results reveal that institutional and governmental ownership are positively associated with the level of PSD, while insider ownership is negatively associated with the level of PSD. Additionally, while prior literature mainly investigated how ownership structure influences disclosure practices, we analyse the mechanisms through which ownership characteristics influence PSD. Our cross-sectional tests provide evidence that insider owners exhibit more PSD if they are pursing tax-related lobbying expenses and tax avoidance practices. Additionally, governmental owners demand lower PSD in firms with higher nonfinancial and financial reporting quality. Finally, institutional owners demand more PSD in the case of lower industry concentration. Overall, we conclude that different owners have distinct impacts and preferences on a firm's political strategy and various mechanisms uniquely operationalise the interactions between different owners and political transparency. Through agency theory, our results advance heated debates on PSD – an emerging, yet hitherto less examined, category of voluntary disclosure. Journal: Accounting Forum Pages: 160-190 Issue: 2 Volume: 46 Year: 2022 Month: 04 X-DOI: 10.1080/01559982.2021.1929006 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1929006 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:2:p:160-190 Template-Type: ReDIF-Article 1.0 Author-Name: Juan Pedro Sánchez-Ballesta Author-X-Name-First: Juan Pedro Author-X-Name-Last: Sánchez-Ballesta Author-Name: José Yagüe Author-X-Name-First: José Author-X-Name-Last: Yagüe Title: Social capital and earnings management in small and medium firms Abstract: In this study we examine the association between social capital and earnings management in small and medium firms (SMEs). Social capital, i.e. the community’s norms and networks, may play a role as an informal and external disciplining mechanism of managers and, therefore, affect earnings management practises in small and medium firms, less subject to formal internal and external monitoring than larger firms. We implement a cross-region analysis by using a sample of Spanish SMEs and employ three measures that consider sociological and economic dimensions of social capital: an index of social capital based on economic relationships and proxies for trust and civic engagement. We find a negative association between the proxies for social capital and earnings management. Hence, our findings suggest that managers of small and medium firms headquartered in regions of higher social capital are less likely to manage reported earnings. However, our findings also reveal that the relationship between social capital and earnings management practises in private SMEs depends on firm size. Journal: Accounting Forum Pages: 191-214 Issue: 2 Volume: 46 Year: 2022 Month: 04 X-DOI: 10.1080/01559982.2021.1935107 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1935107 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:2:p:191-214 Template-Type: ReDIF-Article 1.0 Author-Name: Samuel Nana Yaw Simpson Author-X-Name-First: Samuel Nana Yaw Author-X-Name-Last: Simpson Author-Name: Francis Aboagye-Otchere Author-X-Name-First: Francis Author-X-Name-Last: Aboagye-Otchere Author-Name: Rhoda Ahadzie Author-X-Name-First: Rhoda Author-X-Name-Last: Ahadzie Title: Assurance of environmental, social and governance disclosures in a developing country: perspectives of regulators and quasi-regulators Abstract: The paper explores the assurance of environmental, social, and governance (ESG) disclosures in a developing country. Unlike other papers, this study focuses on regulators and quasi-regulators understanding of ESG assurance, their perception and preferences for assurance providers, and the considerations in choosing an assurance provider. Using a qualitative research design, the Strong Structuration Theory was employed to draw meanings from data gathered through semi-structured interviews. Findings reveal that external factors such as the emerging nature of ESG in Ghana, the working fields of interviewees, the developing nature of the internal audit function, non-Big 4 audit firms, and the accounting profession were crucial in interviewees’ conceptualization of ESG assurance and their preferences for various assurance providers. Also, there is low preference for accountants, internal auditors, and non-Big 4 firms as ESG assurance providers, particularly for environmental and social disclosures. Regulators, however, received a high endorsement. It was evident that expertise and regulatory oversight were the main factors interviewees considered in choosing assurance providers. Accountants, non-Big 4 audit firms, and internal auditors would need to improve stakeholders’ perception of their capacity and independence for ESG assurance. Moreover, considerations such as the value for expertise, independence, and reputation for regulators affect the choice of an ESG assurance provider. The findings have implications (outcomes) for regulators to consider their ESG assurance participation and its consequences. Journal: Accounting Forum Pages: 109-133 Issue: 2 Volume: 46 Year: 2022 Month: 04 X-DOI: 10.1080/01559982.2021.1927481 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1927481 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:2:p:109-133 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1930341_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220823T191300 git hash: 39867e6e2f Author-Name: Rainer Lueg Author-X-Name-First: Rainer Author-X-Name-Last: Lueg Author-Name: Ana Luisa Carvalho e Silva Author-X-Name-First: Ana Luisa Author-X-Name-Last: Carvalho e Silva Title: Diffusion of the Balanced Scorecard: motives for adoption, design choices, organisational fit, and consequences Abstract: The purpose of this exploratory study is to understand how the motives behind a Balanced Scorecard (BSC) adoption affect the BSC's design, organisational fit, and consequences from a diffusion theory perspective. Using semi-structured interviews, we follow up on three organisations that are long-term adopters of the BSC. We find that the motives for adopting the BSC do not follow the conventional model whereby early adopters have economic (rational) and late adopters non-economic (social) motives, but that these motives interact during the diffusion process. These organisations reframed the BSC and bundled it with other practices to achieve a better cultural, technical and political fit (i.e. top-management-related factors and IT systems). Cultural misfits are the most formative and can overpower technical and political aspects of fit. This has led to management practices that differ from the original design of the BSC. Also, we critically assess consequences of the BSC adoptions. Even adopters emphasising economic motives for adopting the BSC did not attempt to assess its ex-post financial impact. Thereby, our study contributes a critical view on fashionable management innovations. Journal: Accounting Forum Pages: 287-313 Issue: 3 Volume: 46 Year: 2022 Month: 07 X-DOI: 10.1080/01559982.2021.1930341 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1930341 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:3:p:287-313 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1944028_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220823T191300 git hash: 39867e6e2f Author-Name: Yan Sun Author-X-Name-First: Yan Author-X-Name-Last: Sun Author-Name: Wancong Jia Author-X-Name-First: Wancong Author-X-Name-Last: Jia Author-Name: Suyi Liu Author-X-Name-First: Suyi Author-X-Name-Last: Liu Title: Is auditors’ professional scepticism a “double-edged sword”? Abstract: Professional scepticism is an indispensable quality for auditors as well as a key determinant of their behaviour and decisions. However, higher professional scepticism can negatively affect auditors’ ability to deal with the growing complexity and uncertainty in auditing. Using a sample of 163 auditors from auditing firms, this study examines the impact of auditors’ professional scepticism on positive audit behaviour, defined as actions auditors take to improve themselves or the environment with an eye to the future. We also explore an effective coping mechanism that weakens this negative impact. The results show that professional scepticism has a negative impact on positive audit behaviour, and that organisational trust can fully mediate this negative impact. Additionally, the person–organisation fit between auditor and auditing firm can weaken the negative impact of professional scepticism on organisational trust, which further weakens the negative impact of professional scepticism on positive audit behaviour. This study complements the literature on professional scepticism and positive audit behaviour and provides empirical evidence and theoretical references for understanding professional scepticism as a “double-edged sword”. Journal: Accounting Forum Pages: 241-263 Issue: 3 Volume: 46 Year: 2022 Month: 07 X-DOI: 10.1080/01559982.2021.1944028 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1944028 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:3:p:241-263 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1954359_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220823T191300 git hash: 39867e6e2f Author-Name: Begoña García-Hernández Author-X-Name-First: Begoña Author-X-Name-Last: García-Hernández Author-Name: Antonio Duréndez Author-X-Name-First: Antonio Author-X-Name-Last: Duréndez Author-Name: Alfonso A. Rojo-Ramírez Author-X-Name-First: Alfonso A. Author-X-Name-Last: Rojo-Ramírez Title: The audit expectation gap and strengthened independence standards in the European Union: measuring the effects of the new EU Directive Abstract: The European Union has addressed the moral hazard that auditors may present by doubly reinforcing auditor independence. This has been done through the formulation of a general principle of independence in conjunction with a preventive and sanctioning framework of safeguards and prohibitions. This article evaluates whether the audit expectation gap has provoked a shift towards increasing the protection of auditor independence. The Directive provides a new framework to harmonise and protect auditor independence in the EU. The article covers a gap in relation to the effects of new auditing regulations within the EU affecting the ethical problem of auditor independence and its connection to the audit expectation gap. A qualitative study addressed to a sample of 192 auditors has been developed. Following the structural equation modelling methodology (PLS-SEM), our results display evidence of a relationship between the audit expectation gap and auditor independence. Furthermore, the results show a mediating effect of new auditor safeguards and quality controls and a sanctioning system to protect independence when an audit expectation gap exists. The results also show that the more restrictive auditor prohibitions considered in the latest European reform have a positive effect on the protection of auditor independence. Journal: Accounting Forum Pages: 264-286 Issue: 3 Volume: 46 Year: 2022 Month: 07 X-DOI: 10.1080/01559982.2021.1954359 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1954359 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:3:p:264-286 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1941568_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220823T191300 git hash: 39867e6e2f Author-Name: Warren Maroun Author-X-Name-First: Warren Author-X-Name-Last: Maroun Author-Name: Wayne van Zijl Author-X-Name-First: Wayne Author-X-Name-Last: van Zijl Title: Fair value accounting: epistemic commitment and resistance Abstract: This study responds to calls for additional research on how accounting prescriptions are being operationalised with a specific focus on fair value accounting by individual practitioners. Detailed interviews are carried out to evaluate how accountants understand and resist fair value accounting. The nature of resistance is used to distinguish between proponents of historical cost accounting and flexible adherents to fair value accounting. Contrary to expectations, the former do not reject fair value accounting outright but see it as playing a complementary role when fair value disclosures support historical cost accounting. Resistance is only evident when fair value movements are recognised in financial statements and takes the form of technical and conceptual objections. Departures from accounting standards are, however, avoided with the result that historical cost advocates are reluctant but obedient adopters of fair value accounting. Flexible adherents also resist fair value but the nature of their resistance is procedural or operational. Without a clear commitment to either regime, legalistic and superficial application of accounting standards becomes more common. Consequently, flexible adherents pose a greater risk to auditors, regulators and standard setters than do “dissidents” advocating for historical cost accounting. Overall, the study highlights the interconnection between the level of commitment to well-established accounting knowledge templates and resistance rather than treating these as separate theoretical perspectives. The results demonstrate that resistance is not specific to certain groups of accountants but is both dynamic and systemic. How resistance manifests itself has important implications for the understanding and application of accounting prescriptions. Journal: Accounting Forum Pages: 215-240 Issue: 3 Volume: 46 Year: 2022 Month: 07 X-DOI: 10.1080/01559982.2021.1941568 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1941568 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:3:p:215-240 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1979331_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949 Author-Name: Marta Palma Author-X-Name-First: Marta Author-X-Name-Last: Palma Author-Name: Isabel Costa Lourenço Author-X-Name-First: Isabel Costa Author-X-Name-Last: Lourenço Author-Name: Manuel Castelo Branco Author-X-Name-First: Manuel Castelo Author-X-Name-Last: Branco Title: Web-based sustainability reporting by family companies: the role of the richest European families Abstract: This study compares the sustainability reporting practices of family companies with those of their non-family counterparts and examines whether the former owned by billionaires engage differently with sustainability reporting compared to their counterparts. The empirical analysis is based on 360 companies from 17 European countries. A propensity score matching (PSM) procedure was adopted and we selected 180 family companies and 180 non-family companies. The former group includes 90 owned by European billionaires listed in the Forbes 2019 World Billionaires Ranking and 90 not owned by billionaires. Findings are consistent with the argument that family companies attach greater importance to sustainability reporting. Within the family company arena, findings reveal that greater prominence is attributed to sustainability issues on corporate websites when the family company’s CEO is a family member and the level of family ownership is lower. The results revealed mixed evidence regarding differences between family companies owned by billionaires and their counterparts. The prominence attributed to sustainability issues on corporate websites by family companies owned by European billionaires is greater than that of family companies not owned by billionaires, but only when using a less stringent measure of prominence. These findings emphasise the importance of exploring family companies as a heterogeneous group. Journal: Accounting Forum Pages: 344-368 Issue: 4 Volume: 46 Year: 2022 Month: 10 X-DOI: 10.1080/01559982.2021.1979331 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1979331 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:4:p:344-368 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1975616_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949 Author-Name: Kamran Malikov Author-X-Name-First: Kamran Author-X-Name-Last: Malikov Author-Name: Silvia Gaia Author-X-Name-First: Silvia Author-X-Name-Last: Gaia Title: Do CEO social connections promote corporate malpractices? Evidence from classification shifting Abstract: This paper examines the effect of CEOs’ external social connections with other executives and directors on classification shifting, a widespread malpractice that inflates core earnings by altering the presentation of income statement line items without affecting bottom-line income. Using a sample of 995 UK listed firms in the period 2005 to 2016 and relying on the assumptions of social capital theory and the rent-extraction perspective, we find that CEOs with a larger number of external connections are more likely to engage in classification shifting. Further results indicate that this phenomenon occurs particularly when well-connected CEOs are local and/or are in the early years of their service. Collectively, the results suggest that social connections promote corporate malpractices that are unlikely to cause reputational losses. Overall, we contribute to the literature by providing evidence that the social capital of the CEO is an important driver of classification shifting. Journal: Accounting Forum Pages: 369-393 Issue: 4 Volume: 46 Year: 2022 Month: 10 X-DOI: 10.1080/01559982.2021.1975616 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1975616 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:4:p:369-393 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1957542_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949 Author-Name: Hwa-Hsien Hsu Author-X-Name-First: Hwa-Hsien Author-X-Name-Last: Hsu Author-Name: Shou-Min Tsao Author-X-Name-First: Shou-Min Author-X-Name-Last: Tsao Author-Name: Che-Hung Lin Author-X-Name-First: Che-Hung Author-X-Name-Last: Lin Title: Family ownership, family identity of CEO, and accounting conservatism: evidence from Taiwan Abstract: This study investigates how variations in family ownership configurations and family identity of the CEO affect family firms’ accounting conservatism in the East Asian economy, Taiwan. To address this objective, this study extends the traditional agency perspective and employs a socioemotional wealth framework. Findings document that family ownership is positively associated with family firms’ accounting conservatism, whereas the degree of disparity between family cash flow and voting rights is negatively related to accounting conservatism. Additionally, family firms with a founder CEO are more likely to report conservatively than those with a descendent CEO. Our study expands the growing literature on how family owners’ corporate governance features affect financial reporting decisions. Journal: Accounting Forum Pages: 315-343 Issue: 4 Volume: 46 Year: 2022 Month: 10 X-DOI: 10.1080/01559982.2021.1957542 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1957542 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:4:p:315-343 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1974234_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949 Author-Name: Elina Haapamäki Author-X-Name-First: Elina Author-X-Name-Last: Haapamäki Title: An examination of comment letters concerning an increase in audit exemption thresholds. Evidence from Finland Abstract: This study examines how interest groups have reacted to the suggested increase in the audit exemption thresholds in Finland. The results suggest that the lobbying opponents objected to the increase because of the benefits gained from the auditing of financial statements. Considerable reliance is placed on the audited accounts of Finnish small firms in maintaining societal functionality. Hence, the results are supported by the public interest theory. In contrast, the comment letters that supported the increase highlighted the need to follow international trends. The findings of the lobbying behaviour suggest that the interest groups collected information and strategically transferred it to the ministry with the objective of influencing the regulatory outcome. To conclude, this study contributes to a more detailed understanding of the role that the key arguments both for and against the proposed regulatory change played in the case of increasing the audit exemption thresholds. Finally, this study joins existing lobbying literature and contributes to this stream of research by shedding light on the importance of the argumentation strategies used in the Finnish case. Journal: Accounting Forum Pages: 394-420 Issue: 4 Volume: 46 Year: 2022 Month: 10 X-DOI: 10.1080/01559982.2021.1974234 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1974234 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:46:y:2022:i:4:p:394-420 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2019958_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Reiner Quick Author-X-Name-First: Reiner Author-X-Name-Last: Quick Author-Name: Mahbub Zaman Author-X-Name-First: Mahbub Author-X-Name-Last: Zaman Author-Name: Gihani Mandalawattha Author-X-Name-First: Gihani Author-X-Name-Last: Mandalawattha Title: Auditors’ application of materiality: insight from the UK Abstract: Changes to the auditors’ reports aim to reduce the information gap and make auditing more transparent. Despite the existence of standards and guidelines research on materiality in practice is limited, this article examines auditors’ application of materiality as disclosed in their reports following the introduction of the revised standard on auditors’ reports in the UK. We provide evidence on actual benchmarks used and materiality rationales. Additionally, we also examine audit firm and industry variations in materiality practices as well as materiality reporting to audit committees. We find materiality disclosures are generally compliant with regulation and consistent with a desire to reduce the information gap auditors make additional disclosures. However, there is variation in the nature and extent of disclosures, possibly due to potential concerns about making the subjectivity of auditing too apparent, which can limit the reports’ usefulness. Overall, the revised standard has enhanced transparency, but there is room for improvement in providing more meaningful disclosures in the auditors’ reports. Journal: Accounting Forum Pages: 24-46 Issue: 1 Volume: 47 Year: 2023 Month: 01 X-DOI: 10.1080/01559982.2021.2019958 File-URL: http://hdl.handle.net/10.1080/01559982.2021.2019958 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:1:p:24-46 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2004633_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Sheila Killian Author-X-Name-First: Sheila Author-X-Name-Last: Killian Author-Name: Veronica O’Regan Author-X-Name-First: Veronica Author-X-Name-Last: O’Regan Author-Name: Philip O’Regan Author-X-Name-First: Philip Author-X-Name-Last: O’Regan Title: “Uncomfortable territory”: personal and organisational values in the tax profession Abstract: As professionals, accountants hold a public interest mandate based in part on ethical claims. However, individual professionals, particularly in tax, commonly see their work as more technical than relating to the common good. Rising public concern about tax avoidance focuses attention on how ethical values are brought to bear on tax work. In these contexts, the tension between personal and organisational values merits attention. This study draws on a large international survey and a set of 68 semi-structured interviews to explore the balance between the personal ethical or spiritual values that individuals bring to their tax work and the ethical framing of their organisations. This direct approach captures self-reported moral awareness experienced at the level of the individual tax professional, framed by the concept of ethical awareness as a base level of ethical action (Rest, J., Moral development: Advances in research and theory. Praeger, 1986). We find, inter alia, that spiritual values are understood as personal and are most influential in smaller, more domestic firms and among those still undertaking professional exams, while ethical awareness is lowest among early career professionals in large international firms. The study highlights a disconnect between ethical learning acquired during professional training and its application at the early career stage. Socialisation within the firm adds to the potential for the early-career stage to set the tone for career-long ethical framing. This heightens the responsibility of firms as well as professional bodies to valorise moral judgement. Journal: Accounting Forum Pages: 1-23 Issue: 1 Volume: 47 Year: 2023 Month: 01 X-DOI: 10.1080/01559982.2021.2004633 File-URL: http://hdl.handle.net/10.1080/01559982.2021.2004633 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:1:p:1-23 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2001127_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Anne Marie Ward Author-X-Name-First: Anne Marie Author-X-Name-Last: Ward Author-Name: Niamh M. Brennan Author-X-Name-First: Niamh M. Author-X-Name-Last: Brennan Author-Name: Judith Wylie Author-X-Name-First: Judith Author-X-Name-Last: Wylie Title: Enrolment motivation of accounting doctoral students: professionally qualified and non-professionally qualified accountants Abstract: The gap between accounting research and practice can be bridged by academic faculty who are professionally qualified and research trained. However, accounting suffers an acute shortage of accounting doctoral graduates, especially those with a professional accounting qualification, due to a lack of enrolments. This study examines the motivation of 36 accounting doctoral students, including 13 professionally qualified and 23 non-professionally qualified, to provide insights on what makes accounting doctoral education attractive to potential doctoral applicants. Their motivation is analysed using self-determination theory (SDT), which predicts that enrolment to doctoral education is more likely with self-motivated or self-determined individuals. Motivations for enrolling for doctoral education include expectations of a career in academia, enjoyment of research or interest in the topic, status of the PhD qualification and work-life balance. Professionally qualified doctoral students were motivated to enrol because of dissatisfaction with their professional career and lack of autonomy. The paper identifies five motivations for enrolling for doctoral education not reported in the prior literature. Journal: Accounting Forum Pages: 99-122 Issue: 1 Volume: 47 Year: 2023 Month: 01 X-DOI: 10.1080/01559982.2021.2001127 File-URL: http://hdl.handle.net/10.1080/01559982.2021.2001127 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:1:p:99-122 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2024011_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Zezeng Li Author-X-Name-First: Zezeng Author-X-Name-Last: Li Author-Name: Christopher J. Cowton Author-X-Name-First: Christopher J. Author-X-Name-Last: Cowton Title: Defined benefit pension de-risking strategy: determinants of pension buy-ins Abstract: Many firms have sought to de-risk their pension provision by closing or freezing their defined benefit (DB) pension plans. This shifts future pension risk onto employees, but it does not de-risk the firm’s existing obligations. Pension buy-ins and buy-outs, which are a form of insurance, have become an established option for de-risking such obligations in several developed economies. This paper investigates the influence on pension buy-in transactions of the degree of risk associated with a firm’s DB pension obligations and, because of the substantial costs involved, the sponsor firm’s financial position. We employ hand-collected data between 2007 and 2017 to examine how pension fund and firm financial characteristics are related to both the occurrence and timing of buy-ins. Using probit analysis of UK FTSE 350 firms and a wide range of robustness checks, the findings show that firms that sponsor riskier DB pension funds, associated with higher investment risk and longer investment horizon, are more likely to engage in a pension buy-in transaction. We also find evidence that firms with greater financial slack are more likely to engage in buy-ins. Survival analysis reveals that those characteristics also tend to be significant influences upon the timing of buy-in transactions. Our study contributes to the literature on risk management in general and the literature on pension de-risking in particular, and it paves the way for research on pension buy-ins and buy-outs in other countries. Implications for firms with DB pension obligations and the insurance companies that offer pension buy-ins are identified. Journal: Accounting Forum Pages: 123-145 Issue: 1 Volume: 47 Year: 2023 Month: 01 X-DOI: 10.1080/01559982.2021.2024011 File-URL: http://hdl.handle.net/10.1080/01559982.2021.2024011 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:1:p:123-145 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1995934_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Franklin Nakpodia Author-X-Name-First: Franklin Author-X-Name-Last: Nakpodia Author-Name: Emmanuel Adegbite Author-X-Name-First: Emmanuel Author-X-Name-Last: Adegbite Author-Name: Folajimi Ashiru Author-X-Name-First: Folajimi Author-X-Name-Last: Ashiru Title: Corporate governance regulation: a practice theory perspective Abstract: Employing Bourdieu’s practice theory, this paper explores factors that influence corporate executives’ behaviour towards corporate governance regulation. Drawing insights from a weak institutional environment (Nigeria) and relying on a qualitative research methodology (semi-structured interviews with 31 executives), this research uncovers how nine nuanced situational and cultural field factors determine executives’ regulatory response to the severity of punishment, the certainty of penalties, and the cost–benefit compliance considerations. The study further explains how sequential rationalisation between the severity and certainty of punishment contributes to the regulatory apathy that executives exhibit. Theoretically, this study demonstrates how practice theory components (habitus, capital, and field) blend to establish executives’ regulatory practice. Journal: Accounting Forum Pages: 73-98 Issue: 1 Volume: 47 Year: 2023 Month: 01 X-DOI: 10.1080/01559982.2021.1995934 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1995934 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:1:p:73-98 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_1992152_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Xiaofeng Quan Author-X-Name-First: Xiaofeng Author-X-Name-Last: Quan Author-Name: Yun Ke Author-X-Name-First: Yun Author-X-Name-Last: Ke Author-Name: Linlin Zhang Author-X-Name-First: Linlin Author-X-Name-Last: Zhang Author-Name: Jinkang Zhang Author-X-Name-First: Jinkang Author-X-Name-Last: Zhang Title: Are ex-military executives trustworthy? Evidence from audit fees Abstract: This study examines the association between firm executives’ ex-military backgrounds and audit fees. We find that auditors tend to charge lower fees from clients with ex-military executives than clients without ex-military executives. This finding holds for various robustness tests, including a change model using executive turnovers, instrumental variable estimation and a propensity score matching method. Further analyses indicate that the negative association between audit fees and military experience is more pronounced in non-state-owned entities, in more complex firms and firms with CEO/chairman duality. Finally, we show that firms with ex-military executives are more likely to have better information transparency and more minor internal control weakness, issue fewer financial restatements and are less likely to be involved in litigation. This suggests that the lower audit pricing can be partially attributed to reduced inherent and control risks. This paper demonstrates that executives’ life experiences can affect auditors’ risk perceptions and audit pricing. Journal: Accounting Forum Pages: 47-72 Issue: 1 Volume: 47 Year: 2023 Month: 01 X-DOI: 10.1080/01559982.2021.1992152 File-URL: http://hdl.handle.net/10.1080/01559982.2021.1992152 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:1:p:47-72 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2198179_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Mona Al-Dosari Author-X-Name-First: Mona Author-X-Name-Last: Al-Dosari Author-Name: Ana Marques Author-X-Name-First: Ana Author-X-Name-Last: Marques Author-Name: Jenny Fairbrass Author-X-Name-First: Jenny Author-X-Name-Last: Fairbrass Title: The effect of the EU’s directive on non-financial disclosures of the oil and gas industry Abstract: Owing to its substantial impact on the environment, economy, and society, we choose to examine the oil and gas industry, drawing on neo-institutionalist scholarship to concentrate on the mimetic, coercive, and/or normative effects discernible in the industry’s non-financial disclosure (NFD) behaviour. Focusing on Directive 2014/95/EU, we construct scores to assess the evolution of the sector’s NFD over time and the spillover effects beyond EU large and listed firms, the latter being directly subject to the legislation. We scrutinise NFD over a decade, producing three main results. First, we find that NFD increases immediately after the directive’s publication and further increases during the implementation phase. Second, the directive has a spillover effect, sparking significantly increased NFD among non-EU firms during the implementation period. Third, the NFD level of non-EU firms is associated with the number of EU employees and the extent of EU operations of these firms, but only following the implementation of the directive. These findings have clear repercussions for firms operating both inside and outside the EU as well as implications for EU public policymakers. Journal: Accounting Forum Pages: 166-197 Issue: 2 Volume: 47 Year: 2023 Month: 04 X-DOI: 10.1080/01559982.2023.2198179 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2198179 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:2:p:166-197 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2170036_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Laura Bini Author-X-Name-First: Laura Author-X-Name-Last: Bini Author-Name: Stefan Schaper Author-X-Name-First: Stefan Author-X-Name-Last: Schaper Author-Name: Lorenzo Simoni Author-X-Name-First: Lorenzo Author-X-Name-Last: Simoni Author-Name: Francesco Giunta Author-X-Name-First: Francesco Author-X-Name-Last: Giunta Author-Name: Christian Nielsen Author-X-Name-First: Christian Author-X-Name-Last: Nielsen Title: Mandatory non-financial disclosure: is everybody on the same page about business model reporting? Abstract: Recent regulatory initiatives, such as the EU Non-Financial Reporting Directive and the UK Companies Act, require companies to mobilise the business model concept as a framework to disclose non-financial information in the annual report. These regulatory initiatives are based on a reflexive legal approach that avoids specifying what should be disclosed or articulating minimum disclosure requirements. In this context, this study investigates whether and to what extent preparers and users of non-financial information have a shared understanding of the business model concept and its role in reporting. An exploratory survey was conducted involving 35 users and 13 preparers, followed by 13 in-depth interviews, with both stages of research conducted from Searle's perspective of institutional reality. The findings present a somewhat divergent picture, indicating a lack of widespread consensus around a specific definition of a business model, its constitutive elements, and its reporting function. Thus, we conclude that the business model remains a concept under social construction in this domain and highlights areas of intervention. This study contributes to the existing literature by discussing how the absence of a common definition might hinder the otherwise positive effects of business model disclosure regulation from enhancing corporate transparency. Archival studies on business model reporting generally show low levels of disclosure, indicating poor informativeness. Our evidence adds to the accounting literature by considering the role of a shared view of the business model among market participants as a determinant of business model reporting quality and informativeness. Journal: Accounting Forum Pages: 198-222 Issue: 2 Volume: 47 Year: 2023 Month: 04 X-DOI: 10.1080/01559982.2023.2170036 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2170036 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:2:p:198-222 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2204786_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Diogenis Baboukardos Author-X-Name-First: Diogenis Author-X-Name-Last: Baboukardos Author-Name: Silvia Gaia Author-X-Name-First: Silvia Author-X-Name-Last: Gaia Author-Name: Philippe Lassou Author-X-Name-First: Philippe Author-X-Name-Last: Lassou Author-Name: Teerooven Soobaroyen Author-X-Name-First: Teerooven Author-X-Name-Last: Soobaroyen Title: The multiverse of non-financial reporting regulation Abstract: Although non-financial reporting (NFR) has been extensively explored in the accounting literature, most previous studies have focused on relevant issues in contexts where firms report their impact on society and the natural environment voluntarily. Despite the important role previous studies on voluntary NFR play in our understanding over of its role, processes and consequences, extant literature has provided limited evidence on (i) how NFR regulation affects (if at all) corporate reporting, (ii) whether such regulated reporting affects the users of corporate reports and, (iii) whether mandatory NFR has any “real effects” on how firms affect society and natural environment. This special issue attempts to enrich our understanding of the impact of NFR regulation with reference to the studies accepted for the special issue. In addition, this paper discusses key aspects of NFR regulation, provides an overview of the papers included in the special issue and proposes further axes of research in light of the continuing reforms in the NFR regulatory space; which we foresee to lead to a “multiverse” of NFR regulatory models and approaches. Journal: Accounting Forum Pages: 147-165 Issue: 2 Volume: 47 Year: 2023 Month: 04 X-DOI: 10.1080/01559982.2023.2204786 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2204786 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:2:p:147-165 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2158519_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Chen Huang Author-X-Name-First: Chen Author-X-Name-Last: Huang Author-Name: Victoria Patsika Author-X-Name-First: Victoria Author-X-Name-Last: Patsika Author-Name: Androniki Triantafylli Author-X-Name-First: Androniki Author-X-Name-Last: Triantafylli Author-Name: Yu Zhang Author-X-Name-First: Yu Author-X-Name-Last: Zhang Title: Mandatory greenhouse gas emissions reporting and firm environmental litigation risk Abstract: We investigate the impact of mandatory non-financial reporting on corporate environmental litigation risk. Using a difference-in-difference research design, we reveal that the introduction of the Greenhouse Gas Reporting Program (GHGRP) in the U.S. reduces corporate environmental litigation risks. The result is robust to various sensitivity checks, including placebo tests. Further analysis documents that the enhanced corporate social responsibility in the post-GHGRP period serves as a channel for the lowered litigation risk. We also find that the effect of GHGRP on reducing litigation risk is more pronounced in the headquarters location with a large population because firms face greater community stakeholder pressure. Further empirical evidence shows that GHGRP attracts more investors’ attention, thereby leading to worsened stock returns around the litigation. Overall, the study emphasizes the critical role of mandatory GHG emissions reporting practice in shaping firms’ environment-related behavior. Journal: Accounting Forum Pages: 249-277 Issue: 2 Volume: 47 Year: 2023 Month: 04 X-DOI: 10.1080/01559982.2022.2158519 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2158519 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:2:p:249-277 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2148854_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Mohamed H. Elmagrhi Author-X-Name-First: Mohamed H. Author-X-Name-Last: Elmagrhi Author-Name: Collins G. Ntim Author-X-Name-First: Collins G. Author-X-Name-Last: Ntim Title: Non-financial reporting in non-profit organisations: the case of risk and governance disclosures in UK higher education institutions Abstract: This paper investigates non-financial reporting in non-profit organisations. Specifically, it examines the extent to which UK higher education institutions (HEIs) make voluntary disclosures relating to risk management practices, and investigates whether composite governance quality index and senior management team characteristics can influence such risk disclosures. Using a sample of UK HEIs over a number of years and drawing insights from neo-institutional theory, our findings are three-fold. First, our baseline findings contribute to the literature by showing that the level of risk disclosure among HEIs in the UK is relatively low, especially when compared to the findings of prior studies that have been conducted on similar-sized publicly traded corporations. Second, we contribute to the literature by providing timely evidence on the impact of governance quality on risk disclosure. In particular, our evidence contributes to the existing literature by demonstrating that better-governed HEIs tend to engage in higher risk disclosures than their poorly-governed counterparts. Finally, our study contributes to the extant literature by providing new evidence that offers support for the “shared” governance model among UK HEIs. Specifically, our findings show that the positive governance quality–risk disclosure relationship is moderated/explained largely by the characteristics of the senior management team. Our findings are robust to controlling for endogeneities and alternative estimation techniques, with major implications for non-financial reporting. HIGHLIGHTSThis paper examines non-financial reporting (NFR) in non-profit organisations, with specific focus on risk disclosures by UK higher education institutions (HEIs)We examine the effect of UK HEIs' governance quality on the level of risk disclosures; We investigate whether management team characteristics moderate the governance quality-risk disclosures nexus in UK HEIsWe find that better-governed UK HEIs tend to engage in higher levels of risk disclosuresWe show further that the positive governance quality-risk disclosure relationship is moderated/explained largely by the characteristics of the senior management team Journal: Accounting Forum Pages: 223-248 Issue: 2 Volume: 47 Year: 2023 Month: 04 X-DOI: 10.1080/01559982.2022.2148854 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2148854 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:2:p:223-248 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2158773_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Niuosha Samani Author-X-Name-First: Niuosha Author-X-Name-Last: Samani Author-Name: Conny Overland Author-X-Name-First: Conny Author-X-Name-Last: Overland Author-Name: Svetlana Sabelfeld Author-X-Name-First: Svetlana Author-X-Name-Last: Sabelfeld Title: The role of the EU non-financial reporting directive and employee representation in employee-related disclosures Abstract: This study investigates how the European Union (EU) Directive (2014/95) on Non-Financial Reporting and employee representation within the board affects the extent and quality of employee-related disclosures. Using a sample of Swedish firms listed on the Nasdaq OMX Stockholm Exchange, we find that both the Directive and employee representation on the board positively affect the extent and quality of disclosures on employee-related matters. We document that employee-related disclosures are more precise and less uncertain among firms with employee representatives, although the level of uncertainty increases after implementing the Directive. Moreover, our interaction analysis indicates that the Directive and employee representatives affect employee-related disclosures independently. This finding suggests that both internal corporate governance and external regulation are important, and that the Directive ensures a minimum extent of disclosures at firms that lack internal governance mechanisms (i.e. employee representation on their corporate boards). Journal: Accounting Forum Pages: 278-306 Issue: 2 Volume: 47 Year: 2023 Month: 04 X-DOI: 10.1080/01559982.2022.2158773 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2158773 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:2:p:278-306 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2045418_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Leonardo Rinaldi Author-X-Name-First: Leonardo Author-X-Name-Last: Rinaldi Title: Accounting and the COVID-19 pandemic two years on: insights, gaps, and an agenda for future research. Abstract: The outbreak of the COVID-19 pandemic has imposed numerous constraints, caused enormous disruptions and has been associated with more than 5.8 million deaths worldwide (at the time of writing). It also raised opportunities to imagine a new environment. Accounting academics have been involved in studying and thinking about the questions this poses for research and practice. Accounting scholars have explored the responses to the pandemic crisis and provided important insights about its impact. However, there is relatively little research into how accounting scholarship has contributed collectively to understanding and challenging the effect of the COVID-19 crisis. As accounting scholarship had time to grow, this seems an opportune time to offer a preliminary assessment and an early indication of the emergent themes and challenges. This paper aims to bring together and reconcile insights from an understandably fragmented literature and propose an agenda for future research. The paper provides a conceptual consolidation of published scholarship by establishing connections and identifying key challenges and opportunities. Building on a systematic review of publication patterns across 53 academic journals, the paper analyses the themes explored in the literature as investigated by accounting researchers and identify important gaps. A structured analysis can help identify the role and relevance of accounting scholarship in a way that might not be as clear when examining individual aspects. Journal: Accounting Forum Pages: 333-364 Issue: 3 Volume: 47 Year: 2023 Month: 07 X-DOI: 10.1080/01559982.2022.2045418 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2045418 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:3:p:333-364 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2016104_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Amanda Sonnerfeldt Author-X-Name-First: Amanda Author-X-Name-Last: Sonnerfeldt Author-Name: Caroline Aggestam Pontoppidan Author-X-Name-First: Caroline Author-X-Name-Last: Aggestam Pontoppidan Title: The continuous translation of the idea of integrated reporting (IR): the travel of IR to a public sector entity Abstract: This study explores the travel of integrated reporting (IR) from a global private sector reporting idea into a local public sector entity. Drawing on the Scandinavian institutionalist notion of translation, a case study approach is adopted to analyse the continuous transformation of the idea of IR. The case study unfolds the process as IR became dis-embedded from the corporate reporting context, packaged as an adaptable accounting technology to be unpacked, and re-embedded in a public sector entity. This study extends the current literature in three areas. First, it contributes to how IR moves across context. By recognising the importance of both the macro-trends and the idiosyncrasies of the micro context, it provides a holistic perspective on the continuous adaptions of IR as it travels, thereby contributing to our understanding of the diversity inherent in IR practice. Second, it provides empirical insights into the challenges of adapting IR in a public sector context. Third, it reveals the idea carrier's instrumental role in connecting different contexts and in editing and giving meaning to the continuous translations of IR.Highlights Illustrates the emergence of a “new” reporting idea, namely integrated reporting from the global corporate reporting context into a local public sector context.Analytical focus on the process of translating IR and the continuous transformation as it travels across contexts.Brings out the role of individual idea carriers in the preadoption phase of IR, highlighting the relational and rhetorical work involved in the travel of ideas across contexts.Reveals the fragility of the idea as the meaning structures embodied in the translation do not support integrated thinking. Journal: Accounting Forum Pages: 441-469 Issue: 3 Volume: 47 Year: 2023 Month: 07 X-DOI: 10.1080/01559982.2021.2016104 File-URL: http://hdl.handle.net/10.1080/01559982.2021.2016104 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:3:p:441-469 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2051295_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Merridee Bujaki Author-X-Name-First: Merridee Author-X-Name-Last: Bujaki Author-Name: Camillo Lento Author-X-Name-First: Camillo Author-X-Name-Last: Lento Author-Name: Irfan Butt Author-X-Name-First: Irfan Author-X-Name-Last: Butt Author-Name: Nathaniel Anderson Author-X-Name-First: Nathaniel Author-X-Name-Last: Anderson Author-Name: Cheryl Ogima Author-X-Name-First: Cheryl Author-X-Name-Last: Ogima Title: A systematic literature review of Indigenous Peoples and accounting research: critical Indigenous theory as a step toward relationship and reconciliation Abstract: Research exploring the intersection of accounting and Indigenous Peoples took off in the 1990s. We introduce principles of critical Indigenous theory into this field. We suggest that Indigenous understandings of ontology, epistemology, axiology, and methodology should form the basis of more future research into accounting and Indigenous Peoples. Before this can be done, however, a clear understanding of recent research on accounting and Indigenous Peoples is needed. We synthesise research in this area through a systematic literature review that identifies 72 relevant articles from 1979–2020. We undertake both content and thematic analysis of these articles. We find existing literature is largely grounded in Western understandings of ontology, epistemology, axiology, and methodology. We identify opportunities for insights from CIT to inform future accounting research with Indigenous Peoples as a step towards building relationships, respect, and reconciliation. Journal: Accounting Forum Pages: 307-332 Issue: 3 Volume: 47 Year: 2023 Month: 07 X-DOI: 10.1080/01559982.2022.2051295 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2051295 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:3:p:307-332 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2019524_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Chaoyuan She Author-X-Name-First: Chaoyuan Author-X-Name-Last: She Title: Social media dissemination of counter accounts and stakeholder support – evidence from greenpeace’s “Save the Arctic” campaign on Facebook Abstract: Prior studies have examined NGOs’ accounting practices and the implications of such practices within the social media realm. However, we know little about how NGOs use social media to disseminate counter accounts and the impacts of such dissemination beyond social media platforms. This paper examines whether NGOs’ dissemination of counter accounts can mobilise stakeholder support in a campaign against corporate actions. Drawing on Castells’ network-making perspective and the notion of dialogic accounting, I argue that social media dissemination of counter accounts strengthens NGOs’ network-making power so that a wide range of corporate stakeholders can be engaged, and a strong network can be potentially formed to increase the effectiveness of NGOs’ campaigns. Drawing on a unique dataset of Greenpeace “Save The Arctic” (STA) global petition signatories and stakeholder interactions from a sample of 8,336 Greenpeace Facebook messages related to the STA campaign, I find that stakeholder support is positively associated with stakeholder interactions with disseminated counter accounts and the number of Facebook accounts connected in disseminating such information. Additional analyses also reveal that Greenpeace disseminates counter accounts via social media to attract policymaker attention and the disseminated counter accounts are associated with public opinions towards climate change. Overall, this study sheds light on the implications of NGOs’ dissemination of counter accounts on social media in initiating social activism and accumulating power against irresponsible corporate practices. Journal: Accounting Forum Pages: 390-415 Issue: 3 Volume: 47 Year: 2023 Month: 07 X-DOI: 10.1080/01559982.2021.2019524 File-URL: http://hdl.handle.net/10.1080/01559982.2021.2019524 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:3:p:390-415 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2051684_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Ahmad Abras Author-X-Name-First: Ahmad Author-X-Name-Last: Abras Author-Name: Muhammad Al Mahameed Author-X-Name-First: Muhammad Author-X-Name-Last: Al Mahameed Title: The rise and fall of institutional entrepreneurship in Islamic financial reporting standardisation projects Abstract: This paper explores the institutional entrepreneurship process. It focuses on how institutional entrepreneurs implement their vision of accounting change in the Islamic financial reporting standardisation initiatives while providing insights into why these actors may fail in this process. Research findings informed by semi-structured interviews and document analysis demonstrate that institutional entrepreneurs’ attainment of accounting change is subject to their ability to collectively and skilfully frame, promote and institutionalise their entrepreneurial vision, mobilise allies and alleviate the resistance of field’s “incumbents”. The paper contributes to the accounting change literature by expanding our understanding of the determinants of successful accounting change and of how institutional entrepreneurs can effect change in the contemporary accounting system. It also contributes to the ongoing institutional entrepreneurship theorisation by revealing the contingencies through which actors may overcome the barriers to change in highly institutionalised systems. Journal: Accounting Forum Pages: 470-495 Issue: 3 Volume: 47 Year: 2023 Month: 07 X-DOI: 10.1080/01559982.2022.2051684 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2051684 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:3:p:470-495 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2066403_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Michelle Rodrigue Author-X-Name-First: Michelle Author-X-Name-Last: Rodrigue Author-Name: Dominique Diouf Author-X-Name-First: Dominique Author-X-Name-Last: Diouf Author-Name: Yves Gendron Author-X-Name-First: Yves Author-X-Name-Last: Gendron Title: On the use of framing strategies by the Big Four accounting firms: bringing sustainability risks into the mainstream Abstract: This paper analyses the discourse that the Big Four accounting firms have promoted on the notion of sustainability risks, ultimately framing them as economical, technical, tractable and controllable. Drawing on Douglas and Wildavsky’s (1982) anthropological understanding regarding the construction of risk in modern society in combination with frame theory, we study how the Big Four's specialized publications frame sustainability risks and the magnitude of their consequences. Our analysis indicates that four framing strategies characterize the firms’ discourse: representing the Big Four as proactive knowledge producers; promoting quantification and measurability; fostering neoliberal policy-making and de-emotionalizing socio-environmental issues. We maintain that through these framing strategies, the wicked issues of sustainability are overly simplified, transposed into the conventional area of organizational economics, and therefore made manageable in the unbroken pursuit of corporate growth. In other words, the apparent aim is to take sustainability risks into a territory where corporate elites are in the habit of thinking and acting: the economic arena, as delimited by the boundaries of the organization. In so doing, the Big Four create a space for their role as business advisors, ensuring that their profitability is strengthened as companies seek professional help in establishing a meaningful control structure around (narrowly defined) sustainability risks. Instead of bringing sustainability risks into the purview of organizational controllability, we believe there is a crucial need to bring business organizations and the Big Four accounting firms into the purview of responsibility toward the planet. Journal: Accounting Forum Pages: 416-440 Issue: 3 Volume: 47 Year: 2023 Month: 07 X-DOI: 10.1080/01559982.2022.2066403 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2066403 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:3:p:416-440 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2051685_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20 Author-Name: Aminu Hassan Author-X-Name-First: Aminu Author-X-Name-Last: Hassan Title: Social and environmental accounting research in vulnerable and exploitable less-developed countries: a theoretical extension Abstract: Research on social and environmental accountability (SEA) and transparency in less-developed countries may generate deeper insights, if theoretical underpinnings which are consistent with the social, political and economic realities found in these countries are used. This paper revisits “vulnerability and exploitability” framework introduced by [Belal, A. R., Cooper, S. M., & Roberts, R. W. (2013). Vulnerable and exploitable: The need for organisational accountability and transparency in emerging and less developed economies. Accounting Forum, 37(2), 81–91]. The paper refines, builds on and extends the theoretical context of the framework with a view to strengthening its ability to describe, explain and predict corporate SEA and transparency practices in less-developed countries. The study utilises analytical review of the relevant multidisciplinary literature from environmental economics, vulnerability and openness, and SEA in less-developed countries. In doing this, firstly, the paper derives three postulates and presents a diagram depicting the conditions which make less-developed countries vulnerable and exploitable. Secondly, as the main contribution of the study, pollution haven theory is integrated into the framework as an additional element. This leads to the derivation of five additional postulates and a modified diagram depicting the conditions for pollution haven and the outcomes of vulnerability’s causal link with exploitability and pollution haven. These outcomes take the form of poor SEA and transparency indicated by low corporate social and environmental performance, disclosure level and disclosure quality. The postulates developed are put forward for further debate and empirical tests. Journal: Accounting Forum Pages: 365-389 Issue: 3 Volume: 47 Year: 2023 Month: 07 X-DOI: 10.1080/01559982.2022.2051685 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2051685 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:3:p:365-389 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2166001_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20231209T012025 git hash: e41d04c31c Author-Name: Sveinung Jørgensen Author-X-Name-First: Sveinung Author-X-Name-Last: Jørgensen Author-Name: Lars Jacob Tynes Pedersen Author-X-Name-First: Lars Jacob Tynes Author-X-Name-Last: Pedersen Author-Name: Siv Skard Author-X-Name-First: Siv Author-X-Name-Last: Skard Title: Resource accounting for a circular economy: evidence from a digitalised waste management system Abstract: The transition to a circular economy requires accounting for all resource streams in the economy to facilitate the maintenance of these resources at their highest value and utility for as long as possible. In this paper, we investigate the role of resource accounting tools and practices in driving the transition to a circular economy by measuring resource streams and taking measures to promote circularity in those resource streams. In particular, we focus on (1) the role of digitalised resource accounting systems in enabling the identification and reporting of resource streams, and (2) the effect of using such information to incentivize household recycling behavior to promote more circularity in resource streams. Our empirical setting is the development of a digitalised waste management system in Western Norway. Our research design has three empirical pillars: qualitative interviews of managers in the industry, historical data analyses of waste generation and recycling, and two illustrative large-scale natural quasi-experiments on more than 170,000 households' recycling behavior. Our study illuminates the development of the resource accounting system and demonstrates the effect of using resource accounting information to incentivize households' recycling behavior through experimentation with a “pay-as-you-throw” (PAYT) system. Our findings show the manner in which the resource accounting system enabled measurement of resource streams and the use of that resource information to promote circularity among households. Furthermore, our experiments reveal the effectiveness of using resource accounting data for incentivizing recycling behavior. Thus, our study illuminates the role of accounting in the transition to a circular economy. Journal: Accounting Forum Pages: 553-582 Issue: 4 Volume: 47 Year: 2023 Month: 10 X-DOI: 10.1080/01559982.2023.2166001 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2166001 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:4:p:553-582 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2169991_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20231209T012025 git hash: e41d04c31c Author-Name: Wioleta Olczak Author-X-Name-First: Wioleta Author-X-Name-Last: Olczak Author-Name: Dennis M. Patten Author-X-Name-First: Dennis M. Author-X-Name-Last: Patten Author-Name: Hyemi Shin Author-X-Name-First: Hyemi Author-X-Name-Last: Shin Title: Circular economy to the rescue? The U.S. corporate disclosure response to the plastic crisis Abstract: Media attention to the world’s growing plastic crisis exploded in 2018, almost certainly increasing social exposures for companies heavily involved in the material’s manufacture or use. Relying on arguments from media agenda setting theory (Brown & Deegan, 1998), we explore how a sample of large U.S. plastic manufacturers and users responded to the crisis in their standalone CSR reports, with particular emphasis on their use of circular economy terminology to frame that response. Circular economy ideas have been gaining traction with governmental units, non-governmental organisations, and academic researchers, and like the plastic crisis, are seeing substantially increased coverage in media outlets. The concern we address in our investigation is whether the exposed companies use the circular economy terminology in an attempt to identify with symbols of legitimacy. As expected, we find significantly more extensive disclosure of plastics-related issues in our sample companies’ 2018 CSR reports than had been the case for reports covering the prior three-year period, and we show increased reliance on the use of circular economy terms within those disclosures. We further document that the circular economy-related plastics disclosure is significantly weighted toward symbolic as opposed to substantive disclosure and is far more commonly related to disclosures of goals and initiatives than to the provision of actual data. We thus argue that rather than reflecting an underlying shift in the sample companies’ operating processes, the increased use of the circular economy terminology may be an attempt at legitimation. Journal: Accounting Forum Pages: 646-666 Issue: 4 Volume: 47 Year: 2023 Month: 10 X-DOI: 10.1080/01559982.2023.2169991 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2169991 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:4:p:646-666 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2185851_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20231209T012025 git hash: e41d04c31c Author-Name: Timo Heikkilä Author-X-Name-First: Timo Author-X-Name-Last: Heikkilä Title: The heart and soil of value-based business: emerging circular business network and vernacular accountings Abstract: The way individual actors in organisations are involved in local social orders and handle knowledge to manage everyday tasks may take various forms not sanctioned by formal organisational hierarchy, yet with the potential to affect a company’s managerial work and guide the development of formal practices. This qualitative case study deploys the concept of vernacular accountings (Kilfoyle et al., 2013) to an organisation building a business in a circular economy (CE) context. The case illustrates locally self-generated accountings as an inherent part of an organisation’s management system’s development and as tools individuals apply to manage their occupational tasks to cope with a diversity of beliefs and traditions within CE networks. The case organisation is an intermediary of industrial side streams circulation in the agricultural sector, allowing for examination of the role human–nature relationships and local understandings play in developing organisational processes and accounting practices. Moreover, the study illustrates how vernacular accountings may reveal deficiencies in formal officially sanctioned systems and thus contribute to developing management accounting and control practices. In this view, the way individuals interact, participate in vernacular information economies and produce information to justify their decisions may play a key role in understanding management accounting and control in a nonconventional business environment. The study also emphasises the importance of understanding various orientations towards sustainability and nature embraced by participants in CE business networks, suggesting that vernacular accountings may hold the potential to capture this diversity. Journal: Accounting Forum Pages: 614-645 Issue: 4 Volume: 47 Year: 2023 Month: 10 X-DOI: 10.1080/01559982.2023.2185851 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2185851 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:4:p:614-645 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2214703_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20231209T012025 git hash: e41d04c31c Author-Name: Ericka Costa Author-X-Name-First: Ericka Author-X-Name-Last: Costa Author-Name: Armin Kratzer Author-X-Name-First: Armin Author-X-Name-Last: Kratzer Author-Name: Caterina Pesci Author-X-Name-First: Caterina Author-X-Name-Last: Pesci Author-Name: Iris Burgia Author-X-Name-First: Iris Author-X-Name-Last: Burgia Title: Accounting for a forest-based circular economy in an Alpine collective ownership Abstract: This paper aims to investigate forms of circularity within an Alpine collective ownership (CO) while conceptualising the extent to which accounting can contribute to moving the CO towards more circular economy practices. This work is based on a qualitative field study of an Alpine CO in Italy (referred to as Alpha), with semi-structured interviews conducted from November 2018 to November 2022. The study is supplemented by a content analysis of 189 internal and external documents from COs published from 2013 to 2021. The results of the analysis illuminate the co-existence of two forms of circularity within the Alpha case: network-based and forest-based circularity. Network-based circularity involves social networks, cooperation, and coordination among different institutions/associations with the same intended purpose – to support the local community and territory in terms of relationships and networks. Forest-based circularity refers to sustainable sourcing and yields, optimising the cascading use and recycling of wood. The paper reflects on the role of accounting in COs, proposing accounting indicators that could foster more circular practices within this specific context.HIGHLIGHTSTwo dimensions of circularity exist in the Alpine CO setting, network-based and forest-based.Network based circularity is present when cooperation and coordination among different institutions oriented to a collective purpose occur in daily practice.Forest-based circularity refers to sustainable sourcing and yield, optimising cascading use, and recycling wood.The role of accounting in Alpine COs is helpful in transforming their economic models into bio-based circular economies.The proposed indicators should encourage COs to transform their models into bio-based circular models where resources are reallocated to the communities and forests, thus fostering sustainable development in the territories. Journal: Accounting Forum Pages: 583-613 Issue: 4 Volume: 47 Year: 2023 Month: 10 X-DOI: 10.1080/01559982.2023.2214703 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2214703 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:4:p:583-613 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2149045_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20231209T012025 git hash: e41d04c31c Author-Name: Sabina Du Rietz Author-X-Name-First: Sabina Author-X-Name-Last: Du Rietz Title: Making up circular consumers: young adults’ personal accounting and counter earmarking within a circular deposit-refund scheme Abstract: Organising waste disposal to achieve waste recovery, i.e. circular solutions, requires the active participation of citizens (Hänninen, 1995). For this purpose, schemes are put in place to “make up”, and shape, circular consumers who will return waste. These schemes tend to rely on calculative mechanisms to influence individuals’ decision-making in the desired direction. The present work studies one such government-mandated scheme, the Swedish deposit-refund system for beverage containers. The deposit-refund incentive requires customers purchasing a beverage to pay a deposit which is refunded if/when the beverage container is handed in for recycling. Using focus groups to study Swedish young adults subject to the scheme, the study aims to expand academic knowledge of the role of accounting, and particularly personal accounting, within circular schemes. The study finds that the official scheme rarely succeeds in imposing its deposit-refund accounting categories. Instead, there are plentiful examples of what Zelizer (1994) calls “counter earmarking”, i.e. personal accounting at odds with the official scheme. Exploring the young adults’ counter earmarking practices, the study shows the difficulty of imposing an accounting ideology onto individuals. Journal: Accounting Forum Pages: 525-552 Issue: 4 Volume: 47 Year: 2023 Month: 10 X-DOI: 10.1080/01559982.2022.2149045 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2149045 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:4:p:525-552 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2269747_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20231209T012025 git hash: e41d04c31c Author-Name: Diane-Laure Arjaliès Author-X-Name-First: Diane-Laure Author-X-Name-Last: Arjaliès Author-Name: Michelle Rodrigue Author-X-Name-First: Michelle Author-X-Name-Last: Rodrigue Author-Name: Andrea M. Romi Author-X-Name-First: Andrea M. Author-X-Name-Last: Romi Title: “Come play with us!” A grassroots research agenda for accounting and the circular economy Abstract: The dominant global capitalist economic model harms ecosystems and humxn populations. In attempting to reduce these harms, its linear foundational elements characterised by rapid production, mass consumption, and ineffective disposal necessitate a shift to more circular approaches. Embracing circularity is complex and requires several elements in addition to shifting business approaches such as redefining value, discarding traditional competitive practices in favour of collaboration, and developing appropriate tools for analysis. Given both its ubiquitous role in business and its ability to facilitate change, it appears a natural extension for accounting to serve an essential function in the circular transition. With this in mind, this editorial serves a twofold purpose. It first introduces the present special issue on “Accounting for the Circular Economy” and contextualises the circular economy concept. Secondly, it relies on insights from interviews with circular economy experts to propose a grassroots agenda for accounting within the circular economy context. Given the pressing need to address environmental and social challenges, we hope this editorial and the articles published in the special issue will spark further research and practical transformations toward a more regenerative and just economic and social system. Journal: Accounting Forum Pages: 497-524 Issue: 4 Volume: 47 Year: 2023 Month: 10 X-DOI: 10.1080/01559982.2023.2269747 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2269747 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:47:y:2023:i:4:p:497-524 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2130812_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a Author-Name: Michael Harber Author-X-Name-First: Michael Author-X-Name-Last: Harber Author-Name: Alan Duboisée de Ricquebourg Author-X-Name-First: Alan Author-X-Name-Last: Duboisée de Ricquebourg Author-Name: Warren Maroun Author-X-Name-First: Warren Author-X-Name-Last: Maroun Title: Costs and benefits of mandatory audit firm rotation: initial engagement experience of audit committee chairs and engagement partners Abstract: Audit regulators remain divided on whether the costs of mandatory audit firm rotation (MAFR) will be outweighed by the benefits of the regulation. Existing research provides mixed results in support of the benefits of MAFR. This paper aims to complement these studies by examining what costs and benefits are experienced during the initial engagement after a MAFR. Interviews were conducted with dyads of South African audit committee chairs and audit partners involved in the same appointment process and initial audit engagement following a MAFR. While many audit committee chairs remained opposed to MAFR, most were impressed by the better-than-expected benefits of the fresh perspective and challenge offered by a newly appointed audit firm, and the less than expected costs of losing the incumbent auditor’s knowledge. By comparison, most audit partners expressed support for MAFR after their experience with the regulation and believed the policy would improve public perceptions of independence but raised concerns about the significant start-up costs their firms had been forced to absorb. As a result, while the findings suggest that the primary arguments against MAFR may be overstated, there is a risk that MAFR may compromise auditor independence by pressurising auditors to appease their new clients to retain the engagement and recover these initial costs. This paper provides insights for policymakers considering the costs and benefits of implementing MAFR, and for audit committees and auditors who seek to maximise the benefits while minimising the costs of their next MAFR event. Journal: Accounting Forum Pages: 63-89 Issue: 1 Volume: 48 Year: 2024 Month: 01 X-DOI: 10.1080/01559982.2022.2130812 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2130812 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:48:y:2024:i:1:p:63-89 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2089319_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a Author-Name: Kleber Vasconcellos de Oliveira Author-X-Name-First: Kleber Vasconcellos Author-X-Name-Last: de Oliveira Author-Name: Paulo Roberto Barbosa Lustosa Author-X-Name-First: Paulo Roberto Barbosa Author-X-Name-Last: Lustosa Title: The entanglement of accounting goodwill: Einstein’s “spooky action at a distance” Abstract: The idea of applying quantum physics concepts or methods to economic and/or social phenomena is not new. Quantum mechanics is increasingly entering the social world as a means of helping to explain social phenomena. This article extends this approach to the accounting field, to explore the economic nature of goodwill. After reviewing Barad’s concept of agential realism, we develop a quantum interpretation and present a new conceptual approach to accounting goodwill. In this theory-building exercise we discuss quantum concepts such as entanglement, diffraction and intra-action to propose a physical and economic inseparability between goodwill and other company assets. We maintain that intangible capital (goodwill) and physical capital are “entangled”, and this entanglement forms the company’s economic value. Unlike Einstein, we conclude that the entanglement of physical capital and intangible capital through intra-action is not “spooky action at a distance” but a form of wealth creation (or wealth destruction) in companies. Journal: Accounting Forum Pages: 148-169 Issue: 1 Volume: 48 Year: 2024 Month: 01 X-DOI: 10.1080/01559982.2022.2089319 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2089319 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:48:y:2024:i:1:p:148-169 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2091728_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a Author-Name: Shaila Ahmed Author-X-Name-First: Shaila Author-X-Name-Last: Ahmed Author-Name: Shahzad Uddin Author-X-Name-First: Shahzad Author-X-Name-Last: Uddin Title: Reflexive deliberations of family directors on corporate board reforms: publicly listed family firms in an emerging economy Abstract: The paper examines the responses of family directors to board reforms. The notion of reflexivity is used to account for family directors’ concerns and subjectivities shaping board practices. To empirically ground the reflexive deliberations of family directors, the paper draws on qualitative data gathered from 25 in-depth semi-structured interviews in combination with archive material and an extensive documentary survey. The paper has demonstrated how family directors deploy the resistance strategies such as organisation of coordinated lobbies, counter-narratives and codification of internal rules to keep the change minimal. The paper contributes to the debate on distorted/symbolic compliance, seen as resistance in this paper, often being reduced to institutional embeddedness or overgeneralised notion of interests/conflicts in family publicly listed companies. The paper also makes a case of a new theoretical dimension – reflexivity – which enables an understanding not only of family directors’ economic but also non-economic concerns relating to board reforms. Journal: Accounting Forum Pages: 170-200 Issue: 1 Volume: 48 Year: 2024 Month: 01 X-DOI: 10.1080/01559982.2022.2091728 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2091728 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:48:y:2024:i:1:p:170-200 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2092813_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a Author-Name: Vorakanlaya Natpraypant Author-X-Name-First: Vorakanlaya Author-X-Name-Last: Natpraypant Author-Name: Norin Arshed Author-X-Name-First: Norin Author-X-Name-Last: Arshed Author-Name: David Power Author-X-Name-First: David Author-X-Name-Last: Power Title: The introduction of anti-tax evasion legislation in Thailand: an institutional theoretical perspective Abstract: On 26 April 2016, Thailand introduced new tax evasion legislation which was enacted by Parliament in April 2017. The Act amended previous anti-money laundering legislation, transferred prosecution of serious tax evasion cases from the Revenue Department to an anti-money laundering unit and permitted the seizure of an accused’s assets once criminal proceedings had been initiated. Drawing on institutional theory, our study examines why this legislation was introduced. It focusses on the formal institutions and legitimacy. Specifically, it reports on 35 interviews with a range of stakeholders to ascertain their views about the reasons behind this legal change. The results suggest that external and internal legitimacy concerns acted as catalysts for the change. These results have practical implications for those investigating the issue of tax evasion and policy implications for those examining whether legislation will impact the incidence of tax evasion within a country. Journal: Accounting Forum Pages: 121-147 Issue: 1 Volume: 48 Year: 2024 Month: 01 X-DOI: 10.1080/01559982.2022.2092813 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2092813 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:48:y:2024:i:1:p:121-147 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2106850_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a Author-Name: Hongyan Sun Author-X-Name-First: Hongyan Author-X-Name-Last: Sun Author-Name: Chi Zhang Author-X-Name-First: Chi Author-X-Name-Last: Zhang Author-Name: Jiahang Zhang Author-X-Name-First: Jiahang Author-X-Name-Last: Zhang Author-Name: Xu Zhang Author-X-Name-First: Xu Author-X-Name-Last: Zhang Title: How does mandatory IFRS adoption affect tax planning decision? Evidence from tax avoidance distributions Abstract: The extant literature has provided much evidence on the consequences of adopting the International Financial Reporting Standards (IFRS), but studies that pertain to taxes and the IFRS are rare. This study investigates whether IFRS adoption affects corporate tax avoidance and how the impact of IFRS varies with country-level institutions. We find that the effect of an IFRS mandate on corporate tax avoidance is conditional; that is, firms with a lower (higher) initial level of tax avoidance tend to be more (less) tax aggressive after IFRS adoption. In addition, this conditional impact is more pronounced in regimes with higher levels of investor protection. We also find that the strength of country-level tax enforcement might erode (bolster) the positive (negative) effects of IFRS adoption. Journal: Accounting Forum Pages: 90-120 Issue: 1 Volume: 48 Year: 2024 Month: 01 X-DOI: 10.1080/01559982.2022.2106850 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2106850 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:48:y:2024:i:1:p:90-120 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2071183_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a Author-Name: Zhe Li Author-X-Name-First: Zhe Author-X-Name-Last: Li Author-Name: Bo Wang Author-X-Name-First: Bo Author-X-Name-Last: Wang Title: The influence of foreign institutional investors on audit fees: evidence from Chinese listed firms Abstract: This study examines the influence of qualified foreign institutional investors (QFIIs) on investee companies’ audit fees. Using data from China, we find that ownership by QFII-licensed investors is positively associated with audit fees. Besides, audit fees are higher in companies with QFIIs than in those without, and the demand for more extensive audits increases with the number of QFIIs. Notably, the demand for more extensive auditing procedures is mainly attributable to QFIIs from jurisdictions with strong governance institutions or is driven by QFIIs from jurisdictions that are geographically distant from China. Our cross-sectional analysis reveals that this positive influence is more prominent when investee companies exhibit lower earnings quality or a weak sense of corporate social responsibility. Finally, our mediation analysis suggests that QFIIs can enhance firm value and that a portion of this effect is due to the increased audit effort driven by QFIIs. Journal: Accounting Forum Pages: 35-62 Issue: 1 Volume: 48 Year: 2024 Month: 01 X-DOI: 10.1080/01559982.2022.2071183 File-URL: http://hdl.handle.net/10.1080/01559982.2022.2071183 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:48:y:2024:i:1:p:35-62 Template-Type: ReDIF-Article 1.0 # input file: RACC_A_2176731_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a Author-Name: Giovanna Afeltra Author-X-Name-First: Giovanna Author-X-Name-Last: Afeltra Author-Name: Blerita Korca Author-X-Name-First: Blerita Author-X-Name-Last: Korca Author-Name: Ericka Costa Author-X-Name-First: Ericka Author-X-Name-Last: Costa Author-Name: Patrizia Tettamanzi Author-X-Name-First: Patrizia Author-X-Name-Last: Tettamanzi Title: The quality of voluntary and mandatory disclosures in company reports: a systematic literature network analysis Abstract: Adopting Systematic Literature Network Analysis (SLNA), this paper reviews the existing literature on the quality of company reports, defined as both voluntary and mandatory disclosures in financial and non-financial reports. The paper provides a chronological view of the extant literature by combining a Systematic Literature Review (SLR) with a Bibliographic Network Analysis (BNA). The SLR included a final sample of 883 papers from 1975 to 2020, while the BNA detected the evolution of knowledge and consequently, four main themes have emerged: the voluntary disclosure behaviour of firms; company voluntary disclosure and firm performance; earnings management; and the disclosure of CSR activities. Based on this analysis, the paper proposes three research streams that require further investigation: (i) CSR disclosure, capital markets, and digitalisation; (ii) IFRS adoption, contextual factors, and governance mechanisms; and (iii) managerial ownership and text mining. Journal: Accounting Forum Pages: 1-34 Issue: 1 Volume: 48 Year: 2024 Month: 01 X-DOI: 10.1080/01559982.2023.2176731 File-URL: http://hdl.handle.net/10.1080/01559982.2023.2176731 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:taf:accfor:v:48:y:2024:i:1:p:1-34