scholarly journals Does external assurance on CSR reporting contribute to its higher quality? Empirical evidence from China

2021 ◽  
Vol 18 (4) ◽  
pp. 309-325
Author(s):  
Oleh Pasko ◽  
Li Zhang ◽  
Kostiantyn Bezverkhyi ◽  
Dmytro Nikytenko ◽  
Lyudmyla Khromushyna
Keyword(s):  
Positive Impact ◽  
Reporting Quality ◽  
Business Community ◽  
Ownership Concentration ◽  
Institutional Setting ◽  
Csr Reporting ◽  
Reporting Practice ◽  
The Difference

This paper examines the difference that the assurance brings to the quality of CSR reports in the Chinese institutional setting, in particular, the difference in quality (proxy – RKS ranking) of assured and unassured CSR reports, as well as whether the high ownership concentration and corresponding to it “entrenchment effect” obstruct the positive impact the assurance exerts on the quality of CSR reports. The paper examines CSR reports on 2,292 firm-year observations of large Chinese companies over three years (2015–2018). The hypothesis development process predicates on the signaling and stakeholder theories, whilst this study applies regression analysis to test the hypotheses. Consistent with the predictions of signaling and stakeholder theories, the paper finds that assurance contributes to the higher quality of CSR reports. Moreover, the study finds that assured CSR reports have higher sub-scores in all four aspects of RKS ranking. However, as ownership concentration exceeds 50 per cent and reaches the majority, it thwarts the advancement in the quality of CSR reports through its assurance. The paper provides an initial empirical account of the role of assurance in the emerging CSR reporting practice in China. The paper contributes to the modest body of empirical research on the function of external assurance in the CSR area by explicating the role played both by the accounting (external assurance) and corporate governance (ownership concentration) infrastructure to ensure high quality of CSR reporting. The paper briefs local, international regulatory authorities and the business community about the importance of external assurance for the CSR reporting quality.

Audit committee and integrated reporting practice: does internal assurance matter?

2016 ◽  
Vol 31 (8/9) ◽  
pp. 915-948 ◽  
Author(s):  
Abdifatah Ahmed Haji ◽  
Mutalib Anifowose
Keyword(s):  
Audit Committee ◽  
Positive Impact ◽  
Business Community ◽  
Integrated Reporting ◽  
Content Type ◽  
Reporting Practices ◽  
Reporting Practice ◽  
Political Theories ◽  
Overall Effectiveness

Purpose This paper aims to examine the role of the audit committee function as an internal assurance provider in the emerging integrated reporting (IR) practice. In particular, the authors examine the role of the overall effectiveness, as well as specific aspects, of the audit committee function in IR practice. Design/methodology/approach The authors examine the integrated reports of 246 firm-year observations of large South African companies over a three-year period (2011-2013), following the introduction of an “apply or explain” IR requirement and an embedded “combined assurance” model in South Africa. Drawing from conflicting theoretical perspectives of economics-based (e.g. agency theory) and socio-political theories (e.g. legitimacy theory), the authors develop competing hypotheses to predict the role of the overall, as well as specific aspects, of the audit committee function in IR practice. Findings Consistent with the predictions of economics-related theories, the authors find that the overall effectiveness of the audit committee function has a strong positive association with the extent and quality of IR practice. In particular, audit committee authority and meetings are shown to have a significant positive impact on IR practice. However, as implied by socio-political theories, the authors do not find a significant association between key aspects of the audit committee function such as audit committee independence and financial expertise and IR practice. Practical implications This study informs local and international regulatory authorities, as well as the business community, about the potential significance of internal assurance mechanisms such as the audit committee function in the emerging IR practice. Given the practical challenges associated with independent external assurance provisions, the findings of this study suggest that internal assurance mechanisms – such as the audit committee function – can be genuine and cost-effective alternative assurance mechanisms in enhancing the credibility and reliability of non-financial reporting practices, particularly the emerging IR practice. The results also inform academic researchers to take cognisance from the expanding roles and responsibilities of audit committees and conduct in-depth investigation on “how” the audit committee function is handling the increasing responsibilities. Originality/value The study provides initial empirical account towards the role of the audit committee function in the emerging IR practice. The study is novel because it shows the significance of internal assurance mechanisms in wider organisational reporting practice.

Strategic Role of Zakat in Multidimensional Quality of Life in Sijunjung, Indonesia

2018 ◽  
Vol 15 (1) ◽  
pp. 55-72
Author(s):  
Herlin Hamimi ◽  
Abdul Ghafar Ismail ◽  
Muhammad Hasbi Zaenal
Keyword(s):  
Quality Of Life ◽  
Positive Impact ◽  
Wealth Distribution ◽  
Absolute Poverty ◽  
Before And After ◽  
The Status ◽  
Being There ◽  
The Impact

Zakat is one of the five pillars of Islam which has a function of faith, social and economic functions. Muslims who can pay zakat are required to give at least 2.5 per cent of their wealth. The problem of poverty prevalent in disadvantaged regions because of the difficulty of access to information and communication led to a gap that is so high in wealth and resources. The instrument of zakat provides a paradigm in the achievement of equitable wealth distribution and healthy circulation. Zakat potentially offers a better life and improves the quality of human being. There is a human quality improvement not only in economic terms but also in spiritual terms such as improving religiousity. This study aims to examine the role of zakat to alleviate humanitarian issues in disadvantaged regions such as Sijunjung, one of zakat beneficiaries and impoverished areas in Indonesia. The researcher attempted a Cibest method to capture the impact of zakat beneficiaries before and after becoming a member of Zakat Community Development (ZCD) Program in material and spiritual value. The overall analysis shows that zakat has a positive impact on disadvantaged regions development and enhance the quality of life of the community. There is an improvement in the average of mustahik household incomes after becoming a member of ZCD Program. Cibest model demonstrates that material, spiritual, and absolute poverty index decreased by 10, 5, and 6 per cent. Meanwhile, the welfare index is increased by 21 per cent. These findings have significant implications for developing the quality of life in disadvantaged regions in Sijunjung. Therefore, zakat is one of the instruments to change the status of disadvantaged areas to be equivalent to other areas.

scholarly journals REFLEKSI EPISTIMOLOGI DALAM METODOLOGI PENELITIAN (Suatu Kontemplasi atas Pekerjaan Penelitian)

2013 ◽  
Vol 5 (2) ◽  
Author(s):  
Saifullah Saifullah
Keyword(s):  
Research Methodology ◽  
Positive Impact ◽  
Research Process ◽  
Central Position ◽  
Building Science ◽  
Scientific Disciplines ◽  
Science Community ◽  
Quality Of Research

<p>Research methodology is the application of epistemology in philosophical which is realized by logico hypotetico verificative-deducto hypothetico verificative. The results of the evaluation of the quality of the research methodology that gave rise buildings recently become a standard formula valid and tested public. In this context it is necessary scrutiny of the functioning and the importance of pre usability, and value the benefits of the research process so that the quality of research produced a positive impact on building science researchers. The role of the researcher holds a central position of being able to adjust the ground circumstances. Benefit value for the benefit of life as the goal of research in theory and practical should be explicitly and implicitly always accompanies every step of research. A consequence of the value of the benefits of scientific research which is undertaken is delivering research results to the user community. The use of research methodologies in the study strongly influenced the extent of the ability of researchers and scientists at the clump science community are able to map the identity of the building a distinctive methodology of scientific disciplines that is useful for subsequent research.</p> <p>Metodologi Penelitian merupakan penerapan epistimologi secara filsafati yang diwujudkan dengan logico  hypotetico  verificative-deducto  hypothetico  verificative.  Hasil  evaluasi terhadap  kualitas  bangunan  metodologi  penelitian  yang  memunculkan  formula  baru menjadi standar yang valid dan teruji publik. Dalam konteks ini maka perlu pencermatan tentang fungsi dan kegunaan akan pentingnya pra, proses dan nilai manfaat riset agar kualitas riset yang dihasilkan berdampak positif pada bangunan keilmuan peneliti. Peran peneliti  memegang  posisi  sentral  karena  mampu  menyesuaikan  situasi  dan  kondisi lapangan. Nilai kemanfaatan bagi kemaslahatan hidup sebagai tujuan riset secara teoritis dan praktis sebaiknya secara eksplisit dan implisit selalu menyertai setiap langkah riset. Konsekuensi ilmiah dalam nilai manfaat riset yang dilakukan adalah menyampaikan hasilhasil riset ke masyarakat pengguna. Penggunaan metodologi penelitian dalam riset sangat dipengaruhi sejauhmana kemampuan peneliti dan komunitas ilmuan pada rumpun ilmu mampu memetakan jati diri bangunan metodologi disiplin keilmuan yang khas sehingga bermanfaat bagi peneliti berikutnya.</p>

scholarly journals Internet Financial Reporting: Studi Komparasi Bank Umum Syariah Di Indonesia Dan Malaysia

2017 ◽  
Vol 3 (11) ◽  
pp. 886
Author(s):  
Taqiyah Dinda Insani ◽  
Noven Suprayogi
Keyword(s):  
Financial Reporting ◽  
Secondary Data ◽  
Reporting Quality ◽  
T Test ◽  
Quantitative Approach ◽  
Financial Reporting Quality ◽  
Islamic Banks ◽  
The Difference

The purpose of this study was to determine the differences of Internet Financial Reporting Quality. This study was using quantitative approach with independent sample t test and mann whitney u test. The population of this study was official website of islamic banks in Indonesia and Malaysia. determination of the number of samples using (sampling jenuh), where all of the population is used as a sampel. Data that being used was secondary data. The data was collected from official website of the sentral banks in each country. The result of this study showed that there was significant differences of Internet Fianncial Reporting Quality between Indonesia and Malaysia. The difference is caused there are significant differences between the quality of content and timeliness components. Meanwhile, there is no differences between technology and user support components.

‘Making the Difference’ in Warsop Vale: The Impact of Government Regeneration Policy and Community Development on a Nottinghamshire Ex-mining Community

2004 ◽  
Vol 3 (1) ◽  
pp. 21-31 ◽  
Author(s):  
David Waddington
Keyword(s):  
Community Development ◽  
Positive Impact ◽  
Community Resources ◽  
Mining Community ◽  
Housing Scheme ◽  
Local Residents ◽  
The Difference ◽  
Development Workers ◽  
The Impact

This article reports the findings of a longitudinal study of the impact of government coalfield regeneration policy on the Nottinghamshire ex-mining community of Warsop Vale, whose colliery closed in 1989. Based on interviews with local residents, community development workers and representatives of regeneration agencies, the study highlights tangible improvements in community resources and the recent introduction of an innovative new housing scheme as evidence of a positive impact of government measures. Particular importance is attached to the key role of local government, the voluntary sector and regeneration agencies in carefully cultivating the local social capital and raising Warsop Vale's political profile since 1989, enabling it to seize the opportunities inherent in New Labour's coalfield policy.

Modeling product market competition and reporting quality: the transitional economy of China

2017 ◽  
Vol 43 (2) ◽  
pp. 154-166 ◽  
Author(s):  
Amjad Iqbal ◽  
Zia-ur-Rehman Rao ◽  
Muhammad Zubair Tauni ◽  
Khalil Jebran
Keyword(s):  
Market Competition ◽  
Reporting Quality ◽  
Product Market ◽  
Transitional Economy ◽  
Product Market Competition ◽  
Absolute Level ◽  
Content Type ◽  
The Absolute

Purpose The purpose of this paper is to examine the role of product market competition in shaping a firm’s reporting quality (RQ). Design/methodology/approach This research uses an aggregate measure of a firm’s RQ, considering both the absolute level of discretionary accruals (DA) and the quality of accruals, using modified Jones model and Francis et al. (2005) accruals quality model, respectively. Whereas, the Herfindahl-Hirschman index and the Lerner index are used to measure product market competition. Further, this study considers the transitional economy of China and employs panel data estimation techniques for testing the hypothesized relationships. Findings This study finds that firms operating in more competitive industries are associated with higher RQ. This association still prevails when analysis is done using the component measures of RQ (i.e. the absolute level of DA and the quality of accruals). Overall, the empirical results provide evidence on the disciplining role of product market competition among Chinese firms. Practical implications Given the complex governance structures and specific kind of agency problems in Chinese corporations, this study suggests that product market competition may play an external disciplining role to improve the corporate information environment. Originality/value This research explores the role of product market competition for a firm’s RQ in Chinese-listed companies, while the prior studies on the same topic are mostly from the developed countries.

scholarly journals PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP EARNINGS MANAGEMENT

2019 ◽  
Vol 8 (1) ◽  
pp. 35
Author(s):  
Hexana Lastanti
Keyword(s):  
Corporate Governance ◽  
Earnings Management ◽  
Audit Committee ◽  
Financial Statements ◽  
Managerial Ownership ◽  
Management Problem ◽  
Good Corporate Governance ◽  
The Difference

<p class="Style2">To be able to achieve good corporate governance, in addition to managerial ownership, institutional ownership and board of directors, the role of the audit committee also needed to further enhance the quality of information contained in the financial statements in accordance with his duties. Good corporate governance is one way to address the practice of earnings management. Study to examine the effect of the mechanisms of good corporate governance on earnings management that uses the data in the Indonesian capital market, still very little is done. Earnings management is a management action in the process of preparing financial statements to influence the level of profit that is displayed. The goal is to improve the welfare of certain parties, which can be identified as an advantage. Earnings management problem is the agency problem that is often triggered by a separation of the role or the difference between the interests of the owners (shareholders) with managing the company's management.</p>

scholarly journals The Outcomes of Introducing the Effective Contract with Medical Staff

2020 ◽  
Vol 15 (3) ◽  
pp. 176-203
Author(s):  
Sergey Shishkin ◽  
Aleksandr Temnitsky
Keyword(s):  
Working Conditions ◽  
Medical Staff ◽  
Positive Impact ◽  
Advanced Training ◽  
Professional Interest ◽  
Medical Facilities ◽  
Effective Performance ◽  
Secondary Employment

The paper presents the results of a study of changes in the salary schemes and working conditions of medical staff, their labor motivation and the compliance of these changes with the objectives of the so-called “effective”, performance-based, contract being introduced. The data from a set of surveys of employees at public medical facilities in 2009–2018 served as the empirical base of the study. It is shown that the introduction of the effective contract had changed the role of factors determining the salary of medical workers. Whereas earlier qualification had been the leading factor, afterwards it was the volume and quality of the work performed as well as the outcomes of a given medical institution or unit. Most doctors had increased the amount of work they do, and the secondary employment of medical staff had slightly been reduced. Survey data indicate quite a stable hierarchy of labor motives among medical workers, the leading ones being earning money, professional interest in work, and altruism. In 2018, the role of the guaranteed employment motive was elevated. Among the positive changes are an increase in the satisfaction of medical workers with the salary, conditions for advanced training, and rules of remuneration. The identified outcomes are generally consistent with the objectives of introducing the effective contract, and they allow one to argue that the new salary scheme has had a positive impact on the labor motivation of medical staff. However, the conclusion of an effective contract was noted by only half of respondents. For the rest, it all boiled down to an increase in salary. These results indicate serious failures in the administration of this reform.

scholarly journals MODEL PELATIHAN SISWA PUTUS SEKOLAH STUDI KASUS PADA BALAI LATIHAN KERJA PROPINSI BENGKULU

2019 ◽  
Vol 12 (2) ◽  
pp. 40-50
Author(s):  
Syaiful Anwar AB
Keyword(s):  
Quality Of Service ◽  
Customer Satisfaction ◽  
Swot Analysis ◽  
Positive Impact ◽  
Observation Data ◽  
Good Service ◽  
Learning Space ◽  
Customer Satisfaction And Loyalty

The purpose of this research is to test the influence of the quality of service to the satisfaction of the training participants at Balai Latikan Kerja (BLK) in Bengkulu Province. The method used in this research is survey with interview approach to get observation data directly. The results of this study indicate that the role of instructors (HR) and methods greatly affect the success of trainees in the future. The positive impact of good service will increase customer satisfaction and loyalty as well as the desire to re-buy, which will increase the income received from the products sold. In order to compete, survive, and grow, the organization is required to be able to meet the needs and desires of customers by providing the best service and quality. Based on the strengths, weaknesses, opportunities and threats that may occur, then the biggest weakness is the quality of instructors and learning space into the greatest weakness.Keywords: service quality, satisfaction , SWOT analysis.

scholarly journals The Emerging Authority Of Statements On Management Accounting

2011 ◽  
Vol 7 (1) ◽  
pp. 87 ◽  
Author(s):  
Jonathan B. Schiff ◽  
Charles J. Penino
Keyword(s):  
Management Accounting ◽  
Business Community ◽  
Consensus Guidelines ◽  
Accounting Profession ◽  
Accounting Firms ◽  
Reporting Practice ◽  
Definition Of ◽  
Direct Materials ◽  
Specific Definition

Armco Inc. v. Comr. demonstrated that the accounting profession needs a source of authoritative guidance in management accounting. Statements on Management Accounting (SMA) offer consensus guidelines and definitions established and approved by a diverse group of accounting professionals and other members of the business community. SMAs provide a source of guidance that can outweigh other accounting literature that generally represents just one or two authors, or even an accounting firms, opinion. It is imperative for the accounting profession to continue to develop detailed guidance for accounting and reporting practice. If we dont, the judicial system may fill this gap. This article has summarized a recent tax case involving a very specific definition of direct materials. The future role of the SMA series in similar circumstances is bright, give the need for guidance and the growing awareness of this important professional promulgated.

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