The Influence of CSRSCPAs and the Quality of Financial Statements

2018 ◽  
Vol 10 (1) ◽  
pp. 16
Author(s):  
Li-Lun Liu ◽  
Yu-Ting Huang
Keyword(s):  
Supply Chain ◽  
Financial Statements ◽  
Certified Public Accountants ◽  
Market Participants ◽  
Negative Effect ◽  
Corporate Social ◽  
The Impact ◽  
To Receive ◽  
Specific Expertise

This study examines the corporate social responsibility (CSR) performance of listed companies in Taiwan by looking at how companies meet their CSR obligations and by exploring how employing supply-chain certified public accountants (CSRSCPAs) affects the quality of their earnings. However, despite the benefits stemming from enhanced information corroboration and expertise spillover, CSRSCPAs face the challenge of potential information collusion. Hence, this study looks at supply-chain CPAs in the context of the company’s CSR performance to find out the impact of the company’s financial statements. It finds that the CSRSCPA has a negative effect on discretionary accruals.The inclusion of different supply chain streams reveal that upstream CSRSCPA are more likely than mid-stream and downstream CSRSCPAs to receive favorable reactions from market participants. This response is an indication that market participants are impressed by the specific expertise and knowledge of these professionals.

scholarly journals The Relationship between Supply Chain CPAs, CSR and Discretionary Accruals

2015 ◽  
Vol 9 (1) ◽  
pp. 66
Author(s):  
Li-Lun Liu ◽  
Yu-Ting Huang
Keyword(s):  
Supply Chain ◽  
Discretionary Accruals ◽  
Certified Public Accountants ◽  
Public Response ◽  
Market Participants ◽  
Big 4 ◽  
Audit Firms ◽  
Negative Effect ◽  
Corporate Social ◽  
The Impact

<p>This research explores the corporate social responsibility (CSR) performance of listed companies in Taiwan by looking at how companies meet their CSR obligations and by exploring how employing supply chain certified public accountants (CSRSCPAs) affects the quality of their earnings. However, despite the benefits stemming from enhanced information corroboration and expertise spillover, CSRSCPAs face the challenge of potential information collusion. It finds that the CSRSCPA has a negative effect on discretionary accruals. Hence, this study looks at supply chain CPAs in the context of the company’s CSR performance to find out the impact of the company’s financial statements. In addition, the results of this study indicate that both a positive earnings quality and a positive public response ensue when the Big 4 audit firms audit CSR companies. Our results show that market participants highly value Big 4 supply chain CPAs with industry experience and that these impressions extend to their evaluation of clients. The inclusion of different supply chain streams reveal that upstream CSRSCPA are more likely than middlestream and downstream CSRSCPA to receive favorable reactions from market participants. This is an indication that market participants are impressed by the specific expertise and knowledge of these professionals.</p>

scholarly journals CSR Disclosure: Effects of Political Ties, Executive Turnover and Shareholder Equity. Evidence from China

2021 ◽  
Vol 13 (7) ◽  
pp. 3623
Author(s):  
Fawad Rauf ◽  
Cosmina L. Voinea ◽  
Khwaja Naveed ◽  
Cosmin Fratostiteanu
Keyword(s):  
Negative Relationship ◽  
Executive Turnover ◽  
Firm Level ◽  
Political Ties ◽  
Negative Effect ◽  
Csr Disclosure ◽  
Corporate Social ◽  
The Impact

The context of China fosters different contextual factors, which influences the quality of corporate social responsibility (CSR) disclosure in comparison to firms across the rest of the world. Political ties at a corporate level are one of these vital factors. This paper studies the influence of firm-level political ties (PT) and executive turnover (ET) on the quality of CSR disclosure in the context of shareholding status of departing executive in Chinese listed A-share firms. Stakeholder and Agency theories are applied to the dissemination of CSR disclosures in Chinese firms whereby we used 20,578 firm-years interpretations of Chinese registered companies between 2012 and 2019. The results foster a negative link between executive turnover and quality of CSR disclosures. In addition, a negative relationship has been found between political ties and the quality of CSR disclosure. The findings disclose that the shareholding status of departing executive moderate the relationship between the impact of political ties and executive turnover on firms quality of CSR disclosure, whilst the effect of executive turnover on the quality of CSR disclosure was found more pronounced for firms whose departing executive held larger shareholding (SH). This study contributed to the literature on the quality of CSR disclosure while recognizing the negative effect of executive turnover on a firm’s quality of CSR disclosure for politically tied firms with a reinforcing moderating role of the shareholding status of departing executive.

Could sustainability improve the promotion of luxury products?

2019 ◽  
Vol 31 (4) ◽  
pp. 488-511 ◽  
Author(s):  
Sihem Dekhili ◽  
Mohamed Akli Achabou ◽  
Fatmah Alharbi
Keyword(s):  
Sustainable Consumption ◽  
Perceived Quality ◽  
Point Of View ◽  
Content Type ◽  
Negative Effect ◽  
Luxury Products ◽  
Corporate Social ◽  
New Applications ◽  
The Impact

PurposeThis paper aims to examine the extent to which sustainability information unfavorably impacts consumers’ behavior in the case of luxury. In particular, it explores the effect of social and environmental attributes on the perceived quality.Design/methodology/approachA between-subject experimental design involving 973 French and Saudi consumers has been conducted.FindingsThe results indicate that sustainability information negatively impacts the perceived quality of luxury products. However, this result varies regarding the consumers’ country of origin. While no significant effect was observed in the case of French respondents, Saudi consumers lower the evaluation of quality when social information is provided. In addition, the negative effect of sustainability information is moderated by the consumers’ degree of liking of luxury and by the brand corporate social responsibility image.Research limitations/implicationsThis research fills a gap occurred in the previous literature. In effect, limited studies examined perceptions of the association between luxury and sustainability. In addition, it enriches the limited literature on sustainable consumption in the context of developing countries. However, further studies should focus on specific dimensions of quality and examine different sustainable practices and luxury goods.Practical implicationsFrom a practical point of view, this study suggests new applications with respect to the link between luxury and sustainability.Originality/valueNo study to date, as per the authors’ knowledge, has investigated empirically the impact of sustainability information on the perceived quality of luxury products. Contrary to the literature indicating a positive effect of sustainable attributes on consumers’ behavior, this study confirms the incompatibility between luxury and sustainability.

scholarly journals The Impact of Corporate Charitable Contributions on Audit Hours

2019 ◽  
Vol 11 (4) ◽  
pp. 1045
Author(s):  
Hongmin Chun ◽  
Jaeyon Chu ◽  
Yongsuk Yun
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Capital Market ◽  
Financial Statements ◽  
Opportunistic Behavior ◽  
Matching Method ◽  
Charitable Contributions ◽  
Market Participants ◽  
Corporate Social ◽  
The Impact

Corporate social responsibility (CSR) is a pertinent strategy to enhance consumer perception of product quality and a company’s reputation. A growing body of literature has investigated whether corporate charitable contributions play a similar role to that of corporate social responsibility. Controversy still remains over the cause and effect of corporate charitable contributions. This study’s objective was to examine whether auditors apply more effort when reviewing firms with a higher level of corporate charitable contributions. For example, if auditors perceive corporate charitable contributions as the opportunistic behavior of managers, then the auditors thoroughly review and prepare financial statements. However, if auditors assess corporate charitable contributions as one of a firm’s ethical responsibilities, then they are not likely to put in more effort when reviewing such firms. This paper aims to examine how capital market participants assess a firm’s charitable contributions. Using an extensive set of data for Korea from 2008 to 2015, we conducted a battery of robustness analyses to address various endogeneity issues using the abnormal audit hour model, propensity score matching method, and 2SLS regression. We found that corporate charitable contributions were positively associated with audit hours. It indicated that auditors applied more effort when they reviewed firms with corporate charitable contributions. The results suggest that auditors in Korea do not perceive corporate charitable contributions as a CSR activity but rather as an indication of the opportunistic behavior of managers.

The Impact of Competitive Quasi-Market on Service Delivery in Benue State University, Makurdi Nigeria

GIS Business ◽  
2019 ◽  
Vol 14 (4) ◽  
pp. 85-98
Author(s):  
Idoko Peter
Keyword(s):  
Service Delivery ◽  
A Priori ◽  
Least Square ◽  
Secondary Source ◽  
State University ◽  
Ordinary Least Square ◽  
Negative Effect ◽  
The Impact ◽  
The Relationship

This research the impact of competitive quasi market on service delivery in Benue State University, Makurdi Nigeria. Both primary and secondary source of data and information were used for the study and questionnaire was used to extract information from the purposively selected respondents. The population for this study is one hundred and seventy three (173) administrative staff of Benue State University selected at random. The statistical tools employed was the classical ordinary least square (OLS) and the probability value of the estimates was used to tests hypotheses of the study. The result of the study indicates that a positive relationship exist between Competitive quasi marketing in Benue State University, Makurdi Nigeria (CQM) and Transparency in the service delivery (TRSP) and the relationship is statistically significant (p<0.05). Competitive quasi marketing (CQM) has a negative effect on Observe Competence in Benue State University, Makurdi Nigeria (OBCP) and the relationship is not statistically significant (p>0.05). Competitive quasi marketing (CQM) has a positive effect on Innovation in Benue State University, Makurdi Nigeria (INVO) and the relationship is statistically significant (p<0.05) and in line with a priori expectation. This means that a unit increases in Competitive quasi marketing (CQM) will result to a corresponding increase in innovation in Benue State University, Makurdi Nigeria (INVO) by a margin of 22.5%. It was concluded that government monopoly in the provision of certain types of services has greatly affected the quality of service experience in the institution. It was recommended among others that the stakeholders in the market has to be transparent so that the system will be productive to serve the society effectively

Women Garment Workers Face Huge Inequities in Global Supply Chain Factories Made Worse by COVID-19

2021 ◽  
pp. 104829112110116
Author(s):  
Garrett D. Brown
Keyword(s):  
Supply Chain ◽  
Women Workers ◽  
Health And Safety ◽  
Professional Associations ◽  
Gender Based Violence ◽  
Garment Workers ◽  
Gender Based ◽  
Structural Inequities ◽  
Corporate Social ◽  
The Impact

Women make up the large majority of workers in global supply chains, especially factories in the apparel supply chain. These workers face significant inequalities in wages, workplace hazards, and a special burden of gender-based violence and harassment. These “normal” conditions have been compounded by the impact of the COVID-19 pandemic, which has exacerbated long-standing structural inequities. Decades of well-financed “corporate social responsibility” programs have failed because they do not address the underlying causes of illegal and abusive working conditions. New initiatives in the past half-decade offer promise in putting the needs and rights of workers front and center. Occupational health and safety professionals can assist in the global effort to improve working and social conditions, and respect for the rights and dignity of women workers, through advocacy and action on the job, in their professional associations, and in society at large.

scholarly journals Statutory audit in Slovakia – significant phenomenon of global European changes

2020 ◽  
Vol 74 ◽  
pp. 06006
Author(s):  
Denisa Domaracká ◽  
Veronika Kňažková
Keyword(s):  
Financial Reporting ◽  
Global Economy ◽  
Financial Statements ◽  
Legislative Regulation ◽  
Significant Phenomenon ◽  
The Subject ◽  
The Impact ◽  
Regulation Changes ◽  
Audit Performance

The changing global economy environment also affected the area of statutory audit. Nowadays, statutory audit faces the significant changes not only because of the processes of digitization and automation in accounting and auditing, but because of increased and tightened legislative regulation, too. The most important aspects of financial reporting and auditing are subject to EU Regulations and EU Directives. For this reason, the issue of legislative regulation changes in field of statutory audit in Slovakia has become the subject of our article. Currently, the proposal of amending and supplementing Act. No 431/2002 Coll. on Accounting, as amended underwent an interdepartmental comment procedure. The proposal includes the changes on requirements for statutory audit. This article examines the current proposal to change (mainly increase) the conditions for performing the mandatory statutory audit of financial statements in Slovak audit environment. Our goal is to clarify the reasons and implications behind the changes of Slovak legislation as well as the impact of these changes on audit performance in Slovakia. We believe conducting statutory audits in accordance with the applicable legislation accepted and implemented at international European level can contribute to transparency and improve the quality of audit performance. In order to achieve the goal, it was necessary to choose a purposeful work methodology and research methods.

scholarly journals The Impact of Supply Chain Management on Financial Performance and Responsibility Accounting Agribusiness Case from Egypt

2017 ◽  
Vol 6 (2) ◽  
pp. 136 ◽  
Author(s):  
Mohamed Ali Wahdan ◽  
Mohamed Ashraf Emam
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Financial Performance ◽  
Financial Statements ◽  
Net Income ◽  
Chain Management ◽  
Research Questions ◽  
The Cost ◽  
The Impact ◽  
Responsibility Accounting

This paper presents the impact of applying the supply chain management (SCM) on the agribusiness field to optimize productivity and decreasing cost which will have a direct impact on the net income of the organization. The main two research questions are: is there a significant impact of supply chain management on financial performance? and is there a significant relationship between supply chain management and financial performance as well as responsibility accounting? To answer the research questions, data was collected from financial statements of agribusiness case from Egypt and the survey was conducted. The findings of the study indicated that there is a significant impact of supply chain management on financial performance through enhancing the productivity, decreasing the cost and improving profitability. Moreover, applying the efficient supply chain management can improve the use of responsibility accounting through the efficient usage for the budget of the crop.

Pathfinder Algorithm Modification for CPLD and FPGA Routing Stage

2021 ◽  
Vol 26 (5) ◽  
pp. 399-409
Author(s):  
M.A. Zapletina ◽  
◽  
S.V. Gavrilov ◽  
◽  
Keyword(s):  
Computer Aided Design ◽  
Digital Circuits ◽  
Routing Algorithm ◽  
Design Flow ◽  
Negative Effect ◽  
Industrial Projects ◽  
Placement And Routing ◽  
Aided Design ◽  
The Impact

One of the main advantages of FPGA and CPLD is the high development speed; therefore, the importance of effective computer-aided design tools for modern microcircuits of these classes cannot be overestimated. Placement and routing are the most time-consuming stages of FPGA/CPLD design flow. The quality of results of these stages is crucial to the final perfor-mance of custom digital circuits implemented on FPGA/CPLD. The paper discusses an approach to accelerating the routing stage within the layout synthesis flow for FPGA/CPLD by introducing a few algorithmic improvements to a routing procedure. The basic routing algorithm under study is a modified Pathfinder for a mixed routing resource graph. Pathfinder is a well-known negotiation-based routing algorithm that works on the principle of iteratively eliminating congestions of chip routing resources. For experiments, the sets of test digital circuits ISCAS'85, ISCAS'89, LGSynth'89 and several custom industrial projects were used. The impact of the proposed algorithmic improvements was analyzed using four FPGA/CPLD architectures. It has been established that due to the improvements of the algorithm proposed in the paper, the average reduction in routing time was from 1.3 to 2.6 times, depending on the FPGA/CPLD architecture, with no significant negative effect on the timing characteristics of the designed circuits.

scholarly journals Tourist Viewshed Externalities and Wind Energy Production

2017 ◽  
Vol 46 (2) ◽  
pp. 224-241 ◽  
Author(s):  
Jacob R. Fooks ◽  
Kent D. Messer ◽  
Joshua M. Duke ◽  
Janet B. Johnson ◽  
Tongzhe Li ◽  
...  
Keyword(s):  
Wind Energy ◽  
Wind Turbine ◽  
Wind Turbines ◽  
Energy Production ◽  
Hotel Room ◽  
Negative Effect ◽  
The Impact ◽  
Large Wind

This study uses an experiment where ferry passengers are sold hotel room “views” to evaluate the impact of wind turbines views on tourists’ vacation experience. Participants purchase a chance for a weekend hotel stay. Information about the hotel rooms was limited to the quality of the hotel and its distance from a large wind turbine, as well as whether or not a particular room would have a view of the turbine. While there was generally a negative effect of turbine views, this did not hold across all participants, and did not seem to be effected by distance or hotel quality.

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