scholarly journals Global Management Accounting Principles: Relationship between Management Practices and the Performance of Brazilian Companies

2021 ◽  
Vol 23 (3) ◽  
pp. 503-518
Author(s):  
Ingrid Laís de Sena Costa ◽  
Wenner Glaucio Lopes Lucena
Keyword(s):  
Management Practices ◽  
Management Accounting ◽  
Global Management ◽  
Accounting Principles

scholarly journals An evaluation of Global Management Accounting Principles in the sustainability of a South African mechanised piggery

2018 ◽  
Vol 11 (1) ◽  
Author(s):  
Alick B. Burger ◽  
Susanna L. Middelberg
Keyword(s):  
Decision Making ◽  
South African ◽  
Best Practice ◽  
Management Accounting ◽  
Pork Production ◽  
Global Management ◽  
Accounting Principles ◽  
Managerial Implications ◽  
Effective Decision Making ◽  
Value Add

Research purpose: The aim of this article was to evaluate the relevance of Global Management Accounting Principles (GMAPs) in the sustainability of a mechanised piggery in a South African context.Motivation for the study: Considering the pressure which commercial agriculture in South Africa is experiencing, as well as the growing nature of pork production in this sector, mechanised piggeries would have to consider ways in which to manage their operations in order to remain sustainable.Research approach, design and method: The research design took the form of an exploratory case study and contextual applied research with an inductivist approach to qualitative research.Main findings: The findings include that, without pre-knowledge of GMAPs, Piggery A employed a large number of the concepts and principles described by GMAPs as best practice.Practical and managerial implications: All commercial farming operations should consider GMAPs as a tool to establish best practice in the support of decision-making that promotes sustainability of farming operations.Contribution or value-add: The article’s contribution is to highlight that GMAPs can also be utilised as an effective decision-making tool in a mechanised piggery albeit it was designed for use in large corporations.

scholarly journals CORPORATE GOVERNANCE AND GLOBAL MANAGEMENT ACCOUNTING PRINCIPLES IN PUBLIC COMPANIES IN BRAZIL

2021 ◽  
pp. 217-238
Author(s):  
Thamirys de Sousa Correia ◽  
Wenner Glaucio Lopes Lucena
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Ownership Structure ◽  
Negative Impact ◽  
Management Accounting ◽  
Negative Influence ◽  
Annual Reports ◽  
Public Companies ◽  
Global Management ◽  
Accounting Principles

Objective: The objective of this research is to verify the relations of Corporate Governance with the Global Management Accounting Principles (GMAP) of public companies in Brazil.Methods: This is a descriptive study with a quantitative approach. With a sample of 311 companies that traded shares in Brasil, Bolsa and Balcão (Brazil Stock Exchange and Over-the-Counter Market - B3), data were collected from Comdinheiro, reference forms, companies’ website, the Brazilian Securities and Exchange Commission (CVM) and B3, management reports, annual reports, financial statements and sustainability reports, ranging from 2010 to 2016. In relation to the dependent variable, indexes were constructed to represent the GMAP (IGMAP). The explanatory variables were represented by the dimensions: Board of Directors, Ownership Structure and Control and Executive Compensation.Results and discussions: The results show that in the dimension of the Board of Directors, companies from the Novo Mercado (New Market) are the ones that best represent the analyzed relationships, given that independence and meetings positively explain the GMAP. The age of directors and the accumulation of positions of president and CEO have a negative influence on the GMAP. In addition, the Ownership Structure had a negative impact on the GMAP, although only companies in the Level 2 segment and with little representative coefficient. In addition, fixed remuneration also explains the GMAP, this for all segments of governance. Contributions: The study's findings contribute to the debate on the relevance of Corporate Governance practices associated with Management Accounting, since governance requires reports with adequate internal practices, especially for the survival of companies operating in competitive markets.

scholarly journals Earnings management and income tax evidence from Greece

2015 ◽  
Vol 12 (2) ◽  
pp. 511-529 ◽  
Author(s):  
Eftychia Kapoutsou ◽  
Christos Tzovas ◽  
Constantinos Chalevas
Keyword(s):  
Earnings Management ◽  
Significant Relationship ◽  
Income Tax ◽  
Management Practices ◽  
Management Accounting ◽  
Discretionary Accruals ◽  
Earning Management ◽  
Total Current ◽  
Jones Model ◽  
Deferred Tax

The aim of this study is to examine the question of earnings management and, specifically, how this relates to taxation. In order to determine whether there is a correlation between earnings management and taxation, we investigate the discretionary accruals aspect of total accruals, i.e. the portion of profits which can be affected by management accounting choices, as calculated by the Jones (1991) model and the modified Jones model (Dechow et. al, 1995). Furthermore, we examine to what degree a correlation may exist between discretionary accruals and tax income (consisting of current and deferred tax). Our empirical findings demonstrate a statistically significant relationship between the levels of discretionary accruals and of total, current and deferred tax. This suggests that tax in general may be employed as a means to facilitate earnings management. The findings of this study suggest that IFRS provisions regarding taxation provide firms with a scope to get involved in earning management practices

Management Accounting And Risk Management Practices In Financial Institutions

2012 ◽  
Author(s):  
Siti Zaleha Abdul Rasid ◽  
Abdul Rahim Abdul Rahman
Keyword(s):  
Risk Management ◽  
Financial Institutions ◽  
Management Practices ◽  
Management Accounting ◽  
Enterprise Risk Management ◽  
Chief Financial Officers ◽  
Operational Risks ◽  
Enterprise Risk ◽  
Budgetary Control ◽  
Contemporary Management

Tujuan kertas kerja ini adalah untuk melaporkan hasil kajian terhadap amalan perakaunan pengurusan dan amalan pengurusan risiko di institusi kewangan. Data dikutip menggunakan borang soal selidik yang dihantar kepada 106 institusi kewangan yang tersenarai di dalam website Bank Negara Malaysia, di mana Ketua Pegawai Kewangan atau pegawai terkanan di jabatan kewangan institusi–institusi tersebut dilantik sebagai responden kajian. Analisis amalan perakaunan pengurusan berdasarkan kerangka IFAC (1998) menunjukkan bahawa amalan yang lazim diguna pakai adalah amalan di peringkat pertama, diikuti dengan amalan selepas era 1995. Dapatan ini menunjukkan bahawa amalan perakaunan pengurusan tradisional masih diguna pakai secara meluas oleh institutsi-institusi kewangan di Malaysia walapun amalan–amalan kontemporari (peringkat ke 4 dan ke atas) telah diperkenalkan. Bagi amalan pengurusan risiko, kebanyakan institusi telah melaksanakan kerangka Enterprise Risk Management (ERM) secara menyeluruh atau sebahagian. Amalan perakaunan pengurusan berkaitan penyata kewangan dan analisis nisbah dianggap sebagai memberikan sumbangan utama kepada pengurusan risiko. Kawalan belanjawan, belanjawan dan pengurusan strategik juga dianggap penting dalam pengurusan risiko operasi. Kata kunci: Perakaunan pengurusan; pengurusan risiko; institusi kewangan The aim of this paper is to report the results of a study on management accounting and risk management practices in financial institutions. The research method involved administering a questionnaire to 106 financial institutions listed on the Malaysian Central Bank’s website and the respondents were the chief financial officers (CFO) or the most senior positions in the finance department of the institutions. Based on the IFAC’s (1998) framework, it was found that the most widely practiced were the management accounting practices at Stage 1, followed by practices of Post 1995. This finding shows that despite the emergence of contemporary management accounting practices (Stage 4 onwards), traditional management accounting that focuses on financial performance and budgetary control is still widely practiced by financial institutions in Malaysia. As for the risk management practices, most of the firms have either implemented a complete or partial Enterprise Risk Management (ERM) framework. The findings from the survey showed that management accounting practices related to financial statement and ratio analysis were perceived to contribute most towards risk management. Budgetary control, budgeting and strategic planning were also perceived to be important in managing operational risks. Key words: Management accounting; risk management; financial institutions

scholarly journals Corporate Social Responsibility in Malaysia

2019 ◽  
Vol 10 (5) ◽  
pp. 381 ◽  
Author(s):  
Sheikh Muhamad Hizam ◽  
Zulkarnian Iylia Syazana binti Othman ◽  
Mohammad Mohammad Amin ◽  
Zalina Zainudin ◽  
Mohd Faiq Abdul Fattah
Keyword(s):  
Corporate Social Responsibility ◽  
Quality Management ◽  
Social Responsibility ◽  
Management Practices ◽  
Social Dimension ◽  
Global Management ◽  
Corporate World ◽  
The World ◽  
The Status ◽  
Corporate Social

The field of corporate social responsibility (CSR) has developed exponentially in the last decade and is consistently getting to be a worldwide slant. Corporate social responsibility (CSR) has become a worldwide matter around the world that comes about an expanding number of studies on CSR universally as well as in Malaysia. Furthermore, the importance of CSR practices was emphasized by companies in order to ensure its sustainability in corporate world which are focused on (a) environment, (b) social dimension sustainability, (c) economic advancement, (d) stakeholder behaviour and (e) ethical evolution of society. In this manner, this paper gives a concept of CSR writing that has been conducted in Malaysia to assess the execution of CSR among organizations in Malaysia. It is presently anticipated that organizations expressly take into consideration all perspectives of their execution, not as it were their money related comes about, but moreover their social and commerce environment. Subsequently, most of organizations are presently locked in genuine endeavours to characterize and coordinated CSR into all perspectives of their businesses and exhibitions. The point of our think about is to get it this slant in Malaysia and particularly to explore (i) the status of CSR in Malaysia; (ii) different CSR practices in Malaysia; and (iii) future dissemination of CSR in Malaysia. Finally, over the last few decades, Malaysia has been gradually improving its alignment with global management practices such as quality management and ISO 9002.

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