AJAR (Asian Journal of Accounting Research) (e-Journal)
The Asian Journal of Accounting Research (AJAR) provides a forum for international researchers to publish original articles of high-quality research findings which contribute to academic literature and practice. AJAR welcomes a wide range of methodologies in all aspects of accounting and finance in developing countries, with a majority in Asia. The scope of AJAR includes, yet not limited to: - Accounting information system - Asset pricing - Auditing and financial accounting - Behavioral accounting and finance - Corporate finance and governance - Digital accounting and finance - Financial markets and institutions - International accounting and finance - Islamic accounting and finance - Management accounting - Market microstructure - Public sector accounting - Taxation The journal is administered by the Department of Accountancy, Faculty of Economics and Business, Universitas Airlangga, Indonesia. This journal is associated with the Airlangga Accounting International Conference (AAIC).
Articles
11 Documents
Search results for
, issue
"Volume 5 Issue 1"
:
11 Documents
clear
<![CDATA[Role of Audit and Governance Committee for internal Shariah audit effectiveness in Islamic banks ]]>
<![CDATA[Azam Abdelhakeem Khalid]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-10-2019-0075
<![CDATA[The purpose of this study is to explore the role of Audit and Governance Committee (AGC) for internal Shariah auditing's effectiveness in Bahrain's Islamic banks.This paper employed two-stage approach, i.e. collecting and analysis of data. In this paper, the interviews and literature review on AGC and internal Shariah auditor were conducted as these respondents are considered vital to Islamic banks.This paper posited that in building internal Shariah audit effectiveness' conceptual framework, the Islamic worldview theory may be employed as the theoretical foundation. Based on the theory, it was suggested that the Islamic bank's auditors and governance committees may enhance the internal Shariah auditors' effectiveness.In view of the roles of AGC on internal Shariah audit effectiveness, the current exploratory research contribute to enhance the limited knowledge about AGC by describing the practices of Bahraini Islamic banks in terms of composition, roles/duties and responsibilities and operations. This study also adds to the body literature of AGC effectiveness by identifying roles, duties and responsibilities of characterizing more active AGC and suggesting that these AGC could have a positive impact on internal Shariah audit effectiveness in Bahraini Islamic banks. Overall, this paper provides important insights for Board of Director's member can refer to AGC roles, duties and responsibilities to conduct a self-diagnosis of current practice.This paper uniquely seized Islamic world view for Islamic banks' AGC.]]>
<![CDATA[Building a bulletproof whistleblowing environment: an accountant’s perspective ]]>
<![CDATA[Shanmugavel Rajeevan]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-09-2019-0071
<![CDATA[The purpose of this paper is to assess the appropriateness of the factors that contribute to building a better whistleblowing environment and culture within an organisation and provide guidelines on how to build a better whistleblowing environment within an organisation.In total, 592 questionnaires were circulated to 148 accounting firms licensed to carry out statutory audits of public limited companies expecting responses from 4 stakeholders from each entity. Out of the 592 questionnaires, only 148 questionnaires were usable, representing a 25 per cent overall response rate.It is recommended to encourage a proactive whistleblowing environment by encouraging whistleblowing culture among employees of the organisations. However, there is disagreement among the respondents for some of the selected components that contribute to building a better whistleblowing environment and culture within an organisation.The findings of this study can be used by the management of the organisations to identify frail areas of whistleblowing initiatives within the organisation and take remedial actions rectify the issues. Authorities can use the findings of the study to implement or amend the existing rules and regulations to encourage whistleblowing.This study in contrast to the existing studies on determinants of whistleblowing attributes, provides knowledge on developing components/guidelines to encourage whistleblowing attributes and culture.]]>
<![CDATA[Does earnings surprise determine the timing of the earnings announcement? Evidence from earnings announcements of Indian companies ]]>
<![CDATA[Krishna Prasad]]>;
<![CDATA[Nandan Prabhu]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-04-2019-0023
<![CDATA[The purpose of this study is to investigate whether the earnings surprise influences decision to make earnings announcements during or after the trading hours is influenced by the earnings surprise resulting from the difference between consensus earnings estimates and the actual reported earnings.Event study methodology was employed to test the hypotheses relating to earnings surprise and timing of earnings announcements. Twelve quarterly earnings announcements of 30 companies, drawn from BSE SENSEX of India, were studied to test the hypothesized relationships.The study has found statistically significant differences in the market responses to the earnings announcements made during and after the trading hours. The market demonstrated a negative response to the earnings announcements made after the trading hours. Further, the results of the logistic regression have shown that the presence of significant earnings surprises is likely to induce firms to make earnings announcements after the trading hours. The results indicate that those firms that intend to reduce the overreaction and underreaction to earnings surprises are likely to make earnings announcements after the trading hours.This paper highlights the market response to the earnings announcement made during and after the regular trading hour. Further, the paper examines if the earnings surprise influences the decision to announce the results.]]>
<![CDATA[Earnings persistence, earnings power, and equity valuation in consumer goods firms ]]>
<![CDATA[Nurani Fatma]]>;
<![CDATA[Widi Hidayat]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-05-2019-0041
<![CDATA[The purpose of this paper is to examine the influence of earnings persistence and earnings power on equity valuation.The purposive sampling method was applied to determine the samples of selected 100 firms. This study employed secondary data obtained from the annual reports and financial statements of consumer goods firms listed on the Indonesian Stock Exchange for the period 2010–2014. The analysis technique used a multiple regression analysis.The study result shows that, partially, earnings persistence and earnings power affect equity valuation by investors. Earnings persistence has a negative influence, whereas earnings power has a positive influence on equity valuation.This study throws additional lights on equity valuation specific to consumer goods industries.]]>
<![CDATA[Determinants of non-performing loans in the banking sector in developing state ]]>
<![CDATA[Muhammad Asif Khan]]>;
<![CDATA[Asima Siddique]]>;
<![CDATA[Zahid Sarwar]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-10-2019-0080
<![CDATA[The size of non-performing loans (NPLs) plays a key role in the stability of the banking sector of a country. The factors that explain the NPLs contain very important information for banks. Studies in this regard with respect to developing states such as Pakistan have received little attention. This study aimed to scrutinize the determinants of NPLs observing a case of the banking sector in Pakistan over the period from 2005 to 2017.The sample consists of the banking sector (i.e., commercial banks) listed in Pakistan Stock Exchange over the period of 2005–2017. The banking factors, including profitability, operating efficiency, capital adequacy and income diversification, were evaluated. The estimations were done by regression modeling using random and fixed effects through STATA software.Results show that the operating efficiency and profitability indicators have a negative association with NPLs but were statistically significant, while capital adequacy and income diversification have a negative association with NPLs but were statistically insignificant.The present study has considered limited banking indicators as determinants of NPLs and was limited to a specific time period from 2005 to 2017.The study is an attempt to investigate various banking factors that affect the NPLs with respect to developing economies such as Pakistan.]]>
<![CDATA[The use and benefit of management accounting practices in Libyan oil companies ]]>
<![CDATA[Abdarahman M. Kalifa]]>;
<![CDATA[Iwan Triyuwono]]>;
<![CDATA[Gugus Irianto]]>;
<![CDATA[Yeney Widya Prihatiningtias]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-08-2019-0066
<![CDATA[The purpose of this study is to describe the use and benefit of TMAPs and CMAPs in Libyan oil companies.The data were collected by distributing 210 mailed questionnaires to senior financial staff, such as financial managers, heads of cost department, financial accountants, department of management accounting employees, managerial accountants and Auditors. IFAC-based model was used in analyzing evolution stages in Libyan management accounting practices.This study finds that Libyan oil companies use CMAPs more than TMAPs, the latter being commonly used in Libyan manufacturing companies. This study also finds that CMAPs are more beneficial than TMAPs.This study provides more understanding of the use and the benefit of TMAPs and CMAPs and fills research gap regarding the matter, as well as provides new findings that can be used for further research regarding the use and benefit of TMAPs and CMAPs for Libyan oil companies.The results contribute to a better understanding concerning the use and benefit of TMAPs and CMAPs in Libyan oil companies.]]>
<![CDATA[Credit relevance after mandatory IFRS adoption in deposit money banks of Nigeria ]]>
<![CDATA[Dagwom Yohanna Dang]]>;
<![CDATA[James Ayuba Akwe]]>;
<![CDATA[Salisu Balago Garba]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-09-2019-0070
<![CDATA[Credit relevance of financial reporting can be influenced by change in financial reporting framework. This study aims to examine the effect of mandatory international financial reporting standards (IFRS) adoption on credit relevance quality of financial reporting of deposit money banks (DMBs) in Nigeria.This study uses difference-in-differences (D-in-D) design for its modelling. Panel data regression analysis based on the D-in-D model is used in analysing the data collected from secondary sources.The findings of this study are that based on the D-in-D approach, there is a significant and positive effect of mandatory IFRS adoption on credit relevance quality of financial reporting of DMBs in Nigeria, and that there is also a significant difference in the credit relevance quality of financial reporting of mandatory adopting banks in the post-mandatory IFRS adoption period compared to pre-mandatory IFRS adoption period.To the best of this study's review, there is inadequacy of literature within the credit relevance research in Nigeria. In the light of this, this study intends to fill the gap.This study is specifically important to regulatory authorities, both primary and secondary regulators. Specifically, this study has implications in the regulatory roles of Central Bank of Nigeria (CBN) and Financial Reporting Council of Nigeria (FRC). However, the study recommends that regulatory authorities should encourage DMBs to avail their financial reports annually to credit rating agencies (local and international) for proper evaluation for subsequent ratings.The peculiarities in this study, that is the utilisation of the D-in-D design and the use of credit relevance metric as the dependent variable, made this study important and novel to push the frontier of existing knowledge.]]>
<![CDATA[Capturing differences in conservatism following earnings restatements: further evidence from Tehran Stock Exchange ]]>
<![CDATA[Shayan Farhangdoust]]>;
<![CDATA[Lida Sayadi]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-09-2019-0072
<![CDATA[The present study seeks to shed further light on the effectiveness of Basu (1997) and Khan and Watts' (2009) differential timeliness metrics in detecting predictable differences in conservatism following corrections of restated earnings.Using cross-sectional and time-series analyses for companies listed on the Tehran Stock Exchange during 2009–2013, the results indicate lower conservatism for restating firms as compared to their counterparts during prerestatement period.Using cross-sectional and time-series analyses for companies listed on the Tehran Stock Exchange during 2009–2013, the results indicate lower conservatism for restating firms as compared to their counterparts during prerestatement period. In contrast, our findings are indicative of higher conservatism among these restating firms during the years of restatements. Moreover, the time-series approach captures a higher conservatism for the restating firms during restatement years than prerestatement periods. Overall, these results provide insight into the usefulness of the metrics used in the restatement setting.Similar to recent papers, the present study seeks to shed further light on the ability of Basu-based coupled with Khan–Watts-based measures of conservatism to detect situations in which companies' earnings are known to be significantly restated.]]>
<![CDATA[Trainee auditors' perception of ethical climate and workplace bullying in Chinese audit firms ]]>
<![CDATA[Anthony A. Liu]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-07-2019-0060
<![CDATA[The purpose of this paper aims to investigate the relationship between the audit firm's ethical climate and workplace bullying perceived by trainee auditors in Chinese audit firms.An Ethical Climate Questionnaire and a Negative Acts Questionnaire are adapted from the existing organization studies and business ethics literature to fit in the audit firm context and are administered in a survey on 205 trainee auditors with a four-month long work placement in audit firms. SPSS is used in statistical analyses and tests.This study confirms that some but not all types of organizational ethical climate significantly affect the perceived workplace bullying in audit firms. The results of testing for the relations between workplace bullying and ethical climate after breaking down workplace bullying into the work-related and person-related bullying sub-categories provide some different conclusions. Besides the impacts of the ethical climate on workplace bullying, this paper also finds out that trainee auditor's gender, the leader–subordinate gender difference, firm size and audit engagement team size are more likely to affect the perception of one or more of the bullying categories in audit firms.This study implies some guidance for the audit firms to establish healthy ethical climates that can help them to recruit, train and retain young skilled auditing professionals.The findings of this study imply that a healthy ethical climate can help develop the audit profession and markets by deterring workplace bullying in audit firms.This paper extends the organizational studies on the impact of the audit firm's organizational ethical climate on workplace bullying in the auditing profession. It also extends the gender roles in organization studies by stratifying the levels of workplace harassment.]]>
<![CDATA[What makes accounting interesting for learners? Viewpoint of a teacher from India ]]>
<![CDATA[Sivasankaran Narayanasamy]]>
<![CDATA[ Asian Journal of Accounting Research Volume 5 Issue 1 ]]>
Publisher : <![CDATA[Emerald Publishing Limited ]]>
Show Abstract
|
Download Original
|
Original Source
|
Check in Google Scholar
|
DOI: 10.1108/AJAR-11-2019-0084
<![CDATA[The article aims to share the viewpoint of the author on the impact of the innovative teaching pedagogy adopted by him in teaching the accounting courses on the satisfaction of the participants in a premier Indian Business School.The experiment was carried over by introducing an innovative teaching approach by the author among the first-year participants of the Management Program. At the end of the experiment, the participants were asked to rate the teaching approach on a five-point scale besides offering the qualitative feedback on the impact of the experiment on their learning outcomes.The paper concludes that the participants were highly satisfied with the teaching approach adopted by the author.The study contributes to the theory and practitioners on accounting education in many ways. First, it is offering evidence on the impact of teaching pedagogy on the satisfaction of the participants of the accounting courses of an emerging market business school. Second, the accounting educators of the emerging countries may replicate the experiment in their institutes. Third, the educators of other courses in the business schools may make an effort to measure the impact of the teaching approach on the feedback of their learners.]]>
