scholarly journals A Consideration Of IFRS Education And Acceptance From Culturally Diverse Backgrounds: A South African Perspective

2011 ◽  
Vol 10 (12) ◽  
pp. 49
Author(s):  
Pieter W Buys ◽  
Danie Schutte
Keyword(s):  
South African ◽  
Culturally Diverse ◽  
Business Environment ◽  
Primary Objective ◽  
Cultural Dimensions ◽  
Accounting Education ◽  
Cultural Backgrounds ◽  
Global Business ◽  
African Context ◽  
The Impact

Accountancys double-entry bookkeeping system has spread throughout the world over the past 5 centuries. Within each country, local accountants have adopted accountancy practices to suit their unique environment. In the modern global business environment, this uniqueness makes cross-border financial statement comparisons difficult. A key objective of a globally acceptable set of accounting standards (such as IFRS), is to enhance such trans-national comparisons of corporate performances. However, research revealed that the influence of cultural backgrounds is a key contributing factor influencing accounting practices. It is evident that culture is a key concomitant of accounting development, including accounting education. Two globally recognized authors on the importance of culture in the work environment, Hofstede and Gray, developed cultural dimensions to gauge the cultural impact in a business environment. The primary objective of this research was to consider the impact of different cultural backgrounds, as measured by Hofstede and Gray on prospective accountants in South Africa, as an early adopter of IFRS. The results of the study suggest that culture will play an important role in accounting education and acceptance in the culturally diverse South African context.

scholarly journals Navigating on the precursors of work readiness amongst students in Johannesburg, South Africa

2020 ◽  
Vol 46 ◽  
Author(s):  
Khensani Magagula ◽  
Eugine T. Maziriri ◽  
Musawenkosi D. Saurombe
Keyword(s):  
South African ◽  
Structural Equation ◽  
Primary Objective ◽  
Work Readiness ◽  
South African Context ◽  
The South ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
African Context ◽  
The Impact

Orientation: Research has been conducted regarding work readiness in a various contexts. However, there are deficiencies in studies that have focused on the precursors of work readiness in an African context.Research purpose: The primary objective of this study was to determine the impact of career self-efficacy (CSE), career exploration (CE) and self-perceived employability (SPE) on work readiness (WR) of students in the South African context, particularly in the Gauteng Province.Motivation for the study: There is an unequivocal gap between what educational institutions teach as well as what the South African labour market requires, highlighting a misalignment and one of many reasons graduates struggle to find work.Research approach/design and method: To close the research gap, the current study used a quantitative approach using the cross-sectional survey research design. A structured questionnaire was administered to 254 randomly selected students. The collected data were analysed using structural equation modelling.Main findings: The hypotheses testing results revealed that the WR was influenced significantly and positively by CSE, CE and SPE.Practical/managerial implications: The present research provides implications from which managers of institutions of higher learning can benefit. For instance, ensuring that experiential learning is involved in all the programmes. This will be more advantageous to students who would like to evaluate themselves to determine if they are work ready.Contribution/value-add: This study adds fresh understanding regarding the precursors that stimulate work readiness among students in a South African context.

Global Business Environment

2019 ◽  
pp. 1-24
Author(s):  
Vivence Kalitanyi
Keyword(s):  
Business Environment ◽  
The Other ◽  
Cultural Backgrounds ◽  
Global Business ◽  
Business Partners ◽  
The World ◽  
Information And Communication ◽  
National Boundaries ◽  
Impact Of Technology ◽  
The Impact

As globalization continues to be a reality around the world, the rules and context of business activity have been affected. Globalization increases the complexity of businesses and drives managers to be globally oriented. With globalization, people from various cultural backgrounds get together virtually and interact. National boundaries of countries are becoming less relevant. More significantly, the impact of technology and particularly information and communication technology (ITC), is the other characteristic aspect of the 21st century. ITC is essential in today's business and modern globalization as business partners are constantly in communication around the globe. This chapter discusses the effect of globalization and the global business environment as it is shaped by various economic and politic-economic blocks around the world.

scholarly journals Understanding Accounting Students Cultural Diversity And Its Implication Of The Interpretation Of IFRS

2012 ◽  
Vol 11 (4) ◽  
pp. 451
Author(s):  
Pieter W Buys ◽  
Danie Schutte ◽  
Panagiotis Andrikopoulos
Keyword(s):  
Cultural Context ◽  
Business Environment ◽  
Accounting Education ◽  
Accounting Students ◽  
Cultural Backgrounds ◽  
Global Business ◽  
University Campuses ◽  
Business Environments ◽  
The United Kingdom ◽  
Accounting Environment

In the global business environment, accountants often adopt accountancy practices to suit their unique cultural and business environments. This aspect often makes the cross-border comparison of financial statements difficult. Several completed research projects conducted has revealed that culture often dictates the accounting environment and based thereupon, it is evident that culture is often closely integrated to accounting development, training and standard setting, as well as the application of accounting standards.This article considers the potential impact of diverse cultural backgrounds, as defined by the Hofstede and Gray methodologies on accountancy students in a cross-national inter-cultural context, including both developed and developing economical contexts. Using a sample consisting of final-year accounting students from two different university campuses in South Africa and a third university in the United Kingdom, our results suggest that culture does indeed play an important role on accounting education; and that it can also affect the acceptance, understanding and interpretation of accounting standards by these students.

A bibliometric review of International Marketing Review (IMR): past, present, and future

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Naveen Donthu ◽  
Satish Kumar ◽  
Debidutta Pattnaik ◽  
Neeraj Pandey
Keyword(s):  
Export Performance ◽  
Objective Assessment ◽  
International Marketing ◽  
Business Environment ◽  
Primary Objective ◽  
Global Business ◽  
Content Type ◽  
Bibliographic Data ◽  
Bibliometric Review

PurposeThe primary objective of this endeavour is to form a retrospective overview of the International Marketing Review (IMR) and map its way forward.Design/methodology/approachA range of bibliometric techniques has been employed to analyse the performance of IMR and its stakeholders, map the evolution of its thematic and intellectual structures and analyse the factors driving IMR's academic influence and impactFindingsIMR's academic contributions, influence and impact have grown progressively. The thematic structure of the journal has evolved into six clusters. Simultaneously, its research fronts have submerged to six bibliographic clusters, noted as marketing channels, cross-cultural impact on emerging markets, export performance, country of origin (COO), online consumers and global business environment. Among these, the first four are still evolving, suggesting scope for future submissions.Research limitations/implicationsThe limitation of this endeavour largely arises from its selection of bibliographic data being confined to Scopus.Originality/valueTo the best of the authors’ knowledge, this is the first objective assessment of the journal, useful to its authors, readers, reviewers and editorial board.

scholarly journals The Impact of Supply Chain Partnership on Firm Performance: an Empirical Study Based on Listed Manufacturing Companies in China

2021 ◽  
Vol 14 ◽  
pp. 22-38
Author(s):  
Panxin Zhou
Keyword(s):  
Supply Chain ◽  
Firm Performance ◽  
Transaction Costs ◽  
Resource Sharing ◽  
Information Exchange ◽  
Business Environment ◽  
Manufacturing Companies ◽  
Additional Test ◽  
Global Business ◽  
The Impact

Today, Supply Chain Management (SCM) is regarded as an essential strategic factor, which has a great deal of influence on earning competitiveness in global business environment. There are conflicts among all members of the SCM. In order to maximize the total profit of the SCM, negotiation among all members is necessary. For enterprise in the supply chain, the supply chain partnership has become a significant factor affecting firm performance. In this paper, I examine the impact of cooperation between enterprise and its supply chain partners. Specifically, I collect survey data from Chinese manufacturing firms about their relations with partners and use regression analysis to test hypotheses about the associations between firm performance and supply chain partnership. My results support that superior supplier partnership has a positive impact on reducing transaction costs and improving financial and market performance. In additional test, I establish a series of models with interactive terms. The results of additional test indicate that the impact is enhanced if the competition of each sub industry of the manufacturing industry is different. Above all, I put forward the following suggestions. Enterprise managers could establish an evaluation mechanism of suppliers and retailers, which select high-quality cooperative partners and reduce low-quality transaction costs for enterprises. When participating in business operation, shareholders could comprehensively understand the business conditions of various supply partners and choose reliable supply chain partners for investment. Also, the government can guide the realization of resource sharing and information exchange among supply chain enterprises, which is beneficial to create a more competitive supply chain to promote economic development.

scholarly journals An attack on the Cross: Spiritual leaders’ accounts of fear and resilience during COVID-19 pandemic

2021 ◽  
Author(s):  
Mammusa Rosinah Lekoa ◽  
Sibusiso Louis Ntuli
Keyword(s):  
South African ◽  
Church Leaders ◽  
Spiritual Leaders ◽  
Vulnerable Communities ◽  
Difficult Time ◽  
Essential Services ◽  
The Face ◽  
African Context ◽  
The Impact ◽  
The Church

This paper provides accounts on the impact that COVID-19 and the subsequent lockdown(s) had on the Church and its leaders in the South African context. The study explores challenges that the leaders faced and how they dealt with them to remain standing despite their fears. The context is COVID-19 pandemic, which brought mass deaths, fear, confusion and frustration to congregations globally. Church leaders faced a challenge to show resilience amid fear because they too were directly affected. Governments introduced regulations that imposed lockdowns to control the spread of the virus. Limiting contact by restricting distance amongst citizens. The church was one sector that could not operate. Although some sectors were never declared essential services like churches, this left vulnerable communities without support in the face of fear. Spiritual leaders had to demonstrate resilience to support the congregants. The key question the researchers seek to understand is to what extent did the church remain resilient during COVID-19 pandemic? And how did the church leaders deal with fear despite anointing and expectations from the congregants and communities? A qualitative approach was used in this study. COVID-19 has shown that Church leaders are humans and they are also fearful, however their faith in God has assisted them to show resilience even at this difficult time. The study also asserts that governments should consult different groupings of faith-based organisations, not only those that are under organised bodies before embarking on restrictions for pandemic control. Communities encompass many churches and leaders require support to assist them from church members.

Towards validating a framework of adaptive schemata for entrepreneurial success

2006 ◽  
Vol 32 (3) ◽  
Author(s):  
Bae Amanjee ◽  
F Crous ◽  
A Crafford
Keyword(s):  
South African ◽  
Job Creation ◽  
Economic Benefits ◽  
Personality Characteristics ◽  
Entrepreneurial Success ◽  
African Context ◽  
Successful Entrepreneurs ◽  
Industry Sectors ◽  
The Impact

The role of entrepreneurship within the context of an emerging economy has been well documented. Specifically within the South African context, the concept of entrepreneurship has been embraced by most industry sectors particularly for its resultant job creation and associated economic benefits. To date, psychologists have attempted to understand and define the factors that predispose individuals to embark on entrepreneurial careers, focusing primarily on the personality characteristics of entrepreneurs. However, entrepreneurial research from a cognitive psychological framework has been limited. Specifically, the impact of schemata on the success of the entrepreneur has received little exposure. A study was conducted to examine the presence and type of schemata inherent in successful entrepreneurs. The findings indicate that successful entrepreneurs display varied manifestations of adaptive schemata.

Proposed Framework for Research in the Triple A (Agility, Adaptability, Alignment) in Supply Chains

2011 ◽  
pp. 306-321 ◽  
Author(s):  
Ivan Arana-Solares ◽  
Jose Machuca ◽  
Rafaela Alfalla-Luque
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Competitive Advantage ◽  
Business Performance ◽  
Business Environment ◽  
Sustainable Competitive Advantage ◽  
Global Business ◽  
The Impact

In the rapidly changing global business environment, it can be seen that supply chain designs based solely on efficiency and speed do not necessarily lead to a sustainable competitive advantage. According to Lee (2004), this can only be done if supply chains are designed to incorporate the Triple A: Agility, Adaptability and Alignment. Although Lee provided some examples, to date his claim has not been empirically tested, which is essential. A number of studies have looked at the three component parts of the Triple A separately, but as yet no studies have focused on all three Triple A components concurrently, or on the impact they have on business performance. The main aim of this chapter is to determine the dimensions and factors that characterize these variables, in order to empirically test the accuracy of Lee’s claim.

scholarly journals Performance Appraisal as an Antecedent to Innovation: an Analysis of Its Relative Importance

2020 ◽  
Vol 10 (2) ◽  
pp. 1
Author(s):  
Navin Gazanchand Matookchund ◽  
Renier Steyn
Keyword(s):  
Performance Appraisal ◽  
South African ◽  
Survey Design ◽  
Full Time ◽  
Relative Importance ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
African Context ◽  
Broad Cross Section ◽  
The Impact

Literature suggests that performance appraisal (PA) contributes to innovation. However, the absolute and relative importance of PA to innovation, the different aspects of PA which drive innovation, as well as PA as a precursor among other antecedents to innovation, has not been adequately described. The aim of the study is to provide clarity on the drivers of innovation, specifically contextualising the impact of PA within the South African context. This study used a cross-sectional survey design, where only quantitative data was collected from full-time employees across private sector, parastatal, and government organisations. The respondents represented a broad cross-section of South African employees. PA and three other known antecedents to innovation, as well as innovation itself, were measured. It was found that PA (as a single variable) was responsible for 5.7% of the variance in innovation. Items in the PA scale with a clear link to innovation were identified, and thematically integrated. It was further found that, when PA was combined with other antecedents of innovation, leading to 26.6% of the variance in innovation being explained, the role of PA was significant, though mostly secondary. Proactive personality was the most dominant predictor of innovation. The importance and relative importance of PA as an antecedent to innovation in the workplace has thus been established. The outcomes of this study may assist managers and human resource practitioners to focus on appropriate, evidence-based information when attempting to enhance innovation.

Promoting career awareness among IT students in a South African context

2020 ◽  
Vol 10 (3) ◽  
pp. 541-565
Author(s):  
J.T. Janse van Rensburg ◽  
Roelien Goede
Keyword(s):  
Higher Education ◽  
South African ◽  
Intervention Strategy ◽  
South African Context ◽  
Career Awareness ◽  
Content Type ◽  
African Context ◽  
Capstone Projects ◽  
Theory Practice Gap ◽  
The Impact

PurposeThe purpose of this paper is to present an intervention strategy for promoting career awareness among IT students in a South African context, followed by a reflection thereof based on qualitative data collected from students. Career awareness during study has shown to be a factor in the work-readiness of IT graduates.Design/methodology/approachThe paper suggests an intervention strategy aimed at promoting IT students' career awareness. It provides context of the exit-level higher education (HE) module used to implement the intervention. Career awareness is achieved by industry talks, projects and events. Interpretive data collection and content analysis are used to understand the impact of the intervention from the students' perspective.FindingsRecommendations are made towards productive interventions for raising career awareness among IT students using industry participation in higher education. The proposed intervention comprises of a combination of industry talks, capstone projects and specific events. Students had largely positive reactions and made suggestions for additional interventions they would find beneficial. A hackathon attended proved the most influential where seven out of eight involved students received job offers from one company. Other students became aware of their own employability, limitations and preferred career paths.Originality/valueFindings provide confirmation on existing feasible approaches and also introduces new interventions that may be generalised to other fields of study. The paper not only provides an instructional design for a module to raise career awareness but also reflects on the feedback of the students. The reflection provided by students acts as a point of reference to ensure that the process followed for the intervention is practical within a South African context. The paper highlights the perceived benefits of involving industry in higher education to raise career awareness, factors that may prevent career awareness among IT students and valuable suggestions made by students to further enhance the intervention strategy. An implication of the research is a set of guidelines identified towards bridging the IT theory–practice gap. These guidelines can be used by many educators in similar environments to justify their interventions.

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