Abstract Previous studies on the value relevance of board gender and ethnic diversity have produced mixed results. This paper re‐examines this relationship using hand‐collected data 245 South African listed firms over period 2008–2013. We document a positive significant effect both firm value. also find that increase in is greater when boards three or more women directors. In contrast, minority directors contribute less to there are board. Furthermore, we ethnicity has concave with value,...

Abstract Research Question/Issue A firm's choice to “go green” largely remains unregulated worldwide. This study uses an institutional setting in Bangladesh experiencing a green banking regulatory reform examine whether banks' performance translates into improved financial and this is moderated by political connections. Findings/Insights Results based on sample of 172 firm‐year observations from 2008 2014 suggest that positively associated with bank's performance. Further analysis suggests...

This paper provides two complementary explanations for the adoption of triple bottom line (TBL) reporting by Australian companies. The first explanation is that companies adopt TBL to legitimise their relationship with society because adverse publicity from media. second adopted company's desire achieve high‐quality and transparency inferred strong corporate governance. Companies had significantly more media coverage before implementing than non‐TBL also positively related existence an...

Abstract Business strategy's impact on firm cash holdings and dividend payouts has largely remained unexplored. We identify a fundamental direct link between firm's business strategy its payouts. Analysing two large samples of data US firms over the period 1992–2017, we find strong evidence that prospectors (defenders) are likely to hold more (less) pay less (more) dividends than other firms. Further analysis suggests frequently do defenders. The results robust battery robustness checks...

Abstract Earnings from gold mining in Australia remained tax‐exempt for almost seven decades until January 1, 1991. In the early 1980s, rapid economic prosperity induced by escalated prices brought Australian gold‐mining industry under intense political scrutiny. Using a variant of modified Jones model, this paper provides evidence significant downward earnings management firms, which is consistent with their attempts to mitigate costs during period June 1985 May 1988. contrast, test over...

We examine whether the components of accruals and operating cash flows improve predictive ability earnings for forecasting future flows. Unlike most previous studies, we avoid data estimation errors sample self-selection bias because exploit from Australia where reporting actual flow had been mandatory since 1992. show that accrual together are more useful than (i) earnings, (ii) total (iii) combination with in These results robust to several contextual factors, including length cycle,...

Purpose The purpose of this paper is to investigate whether International Financial Reporting Standards (IFRS)-based data improve bankruptcy prediction over Australian Generally Accepted Accounting Principles (AGAAP)-based data. In doing so, focuses on intangibles because conservative accounting rules for under IFRS required managers write off substantial amounts previously capitalized and revalued upwards AGAAP. focus also motivated by empirical evidence that financially distressed firms...

One-Tel was a major corporate collapse in Australia 2001.At the time of its collapse, it fourth largest telecommunications company with more than two million customers and operations eight countries.Analyses quantitative qualitative data from diverse sources suggest that One-Tel's is classic case failed expectations, strategic mistakes, wrong pricing policy, unbridled growth.The company's meteoric rise fall associated serious deficiencies governance including weaknesses internal control,...

Purpose This paper aims to examine the association between adoption experience of International Financial Reporting Standards (IFRS) and quality reported earnings in Gulf Cooperation Council (GCC) region – a that exhibits several features emerging economies. Design/methodology/approach The authors analyse hand-collected dataset 222 firms across 4 countries GCC over period 2012–2017 measure “IFRS experience” as number years since country has mandatorily adopted IFRS. In measuring quality,...

Abstract Focusing only on operating accruals in accrual‐based studies results a loss of information and noisy measures both accrual cash flow components earnings. Thus, we examine the relative importance working capital accruals, non‐current financing with regard to future flows from operations ( CFO ). Using Australian data, provide evidence that are important for explaining but contribution is not significant. Moreover, asset component plays more role than liability component.

Download This Paper Open PDF in Browser Add to My Library Share: Permalink Using these links will ensure access this page indefinitely Copy URL IFRS Adoption, Extent of Disclosure, and Perceived Corruption: A Cross-Country Study International Journal Accounting Symposium, May 2013 39 Pages Posted: 12 Last revised: 30 Apr 2017 See all articles by Noor HouqeNoor HouqeSchool AccountancyReza MonemGriffith University - Griffith Business School; School, Date Written: 11, Abstract data from 166...

We investigate the consequences of Australia’s ‘say on pay’ regulation chief executive officer (CEO) compensation using recent data. find that, for ‘first-strike’ firms that avoided a ‘second strike’ (the treatment firms), reduction in CEO total remuneration is positively associated with lower level shareholder dissent votes following report. also unlike control firms, increased proportion CEO’s performance-based pay year ‘first and such an increase negatively related to change shareholders’...

We examine whether discretionary and non-discretionary accruals improve the predictive ability of earnings for forecasting future cash flows in an Australian context. Using both within-sample out-of-sample tests; we demonstrate that forecast flows. Further, direct method flow components together are more useful than (i) aggregate earnings, (ii) from operations total accruals, (iii) operations, nondiscretionary accruals.

Abstract Deciding whether to release tutorial solutions students is quite often a dilemma for instructors. This paper provides empirical evidence on the effect of releasing in management accounting course at large Australian university. For this purpose, develops base model predicting performance and expands incorporate variable capturing solutions. Consistent with previous research (e.g. Doran et al ., 1991; Danko‐McGhee Duke, 1992; Kavanagh Rohde, 1996), model, although performances an...