This paper investigates the relationship between internal audit effectiveness, corporate governance attributes, and sustainable financial reporting quality within Tanzanian commercial banks. Grounded by agency cost theory to provide new insights into the determinants of financial reporting quality in a developing country context. A cross-sectional and correlational research design was employed, utilizing a structured questionnaire distributed to 150 respondents across a representative sample of Tanzanian commercial banks. Data analysis was conducted using multiple linear regression techniques, with comprehensive diagnostic tests to ensure the robustness of the findings. The results indicate that larger board sizes and proactive board role performance significantly enhance financial reporting quality, reflecting the importance of strong governance structures. Board independence showed a significant impact on financial reporting quality, suggesting that board independence with active engagement contributes to financial reporting quality. Internal audit quality also emerged as a critical predictor of reliable financial reporting, underscoring the role of internal audit in promoting transparency and accountability. These findings contribute to the ongoing debate in corporate governance literature by providing evidence from a developing country perspective, highlighting the nuanced roles of governance and audit in shaping financial reporting quality. This study fills a key gap in the literature by focusing on the Tanzanian banking sector, offering practical recommendations for policymakers and practitioners aimed at enhancing the integrity of financial reporting. Policymakers should emphasize board independence and the active involvement of board members and strengthen internal audit functions to improve reporting transparency and accountability.
{"title":"The interplay of corporate governance, internal audit effectiveness, and sustainable financial reporting quality in Tanzanian commercial banks","authors":"Zawadi Ally","doi":"10.1002/bsd2.70016","DOIUrl":"https://doi.org/10.1002/bsd2.70016","url":null,"abstract":"<p>This paper investigates the relationship between internal audit effectiveness, corporate governance attributes, and sustainable financial reporting quality within Tanzanian commercial banks. Grounded by agency cost theory to provide new insights into the determinants of financial reporting quality in a developing country context. A cross-sectional and correlational research design was employed, utilizing a structured questionnaire distributed to 150 respondents across a representative sample of Tanzanian commercial banks. Data analysis was conducted using multiple linear regression techniques, with comprehensive diagnostic tests to ensure the robustness of the findings. The results indicate that larger board sizes and proactive board role performance significantly enhance financial reporting quality, reflecting the importance of strong governance structures. Board independence showed a significant impact on financial reporting quality, suggesting that board independence with active engagement contributes to financial reporting quality. Internal audit quality also emerged as a critical predictor of reliable financial reporting, underscoring the role of internal audit in promoting transparency and accountability. These findings contribute to the ongoing debate in corporate governance literature by providing evidence from a developing country perspective, highlighting the nuanced roles of governance and audit in shaping financial reporting quality. This study fills a key gap in the literature by focusing on the Tanzanian banking sector, offering practical recommendations for policymakers and practitioners aimed at enhancing the integrity of financial reporting. Policymakers should emphasize board independence and the active involvement of board members and strengthen internal audit functions to improve reporting transparency and accountability.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":4.8,"publicationDate":"2024-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142328530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rural areas have low levels of advancement and access to resources compared to urban regions, and elevating these regions is fundamental for accomplishing balanced and sustainable development. Rural uplifting typically includes a range of interventions, and by drawing in local stakeholders, rural uplifting projects can make sustainable arrangements that are custom-made for each community's unique difficulties and opportunities. Corporate social responsibility (CSR) can contribute to and aid the government's efforts in rural development. CybageAsha's (CSR department of Cybage Software) flagship programs seek to improve rural communities through sustainable solutions. These encompass income-generating interventions using contemporary agricultural methods as well as infrastructure development. This article analyses the impact of agricultural interventions on the farmers' livelihoods carried out by CybageAsha in 19 villages across the Pune district (India) by using the t-test and difference-in-difference approach. Findings reveal that the shift from traditional farming methods to adopting new farming methods among beneficiaries has added value in improving the beneficiaries' yields, incomes, skills, and livelihood. CybageAsha's interventions positively impacted the beneficiaries, contributing to agricultural development, livelihood improvement, income generation, and a decline in migration. However, there is a need for continuous support and improvement to sustain the benefits for farmers. The article provides a new understanding for researchers and practitioners about the CSR approaches towards agricultural development. Addressing the challenges and concerns identified in the data analysis will further enhance the effectiveness of rural uplifting initiatives.
与城市地区相比,农村地区的发展水平较低,获得资源的机会也较少,因此,提升这些地区的发展水平对于实现平衡和可持续发展至关重要。农村提升通常包括一系列干预措施,通过吸引当地利益相关者的参与,农村提升项目可以针对每个社区独特的困难和机遇做出可持续的安排。企业社会责任(CSR)可以促进和帮助政府在农村发展方面的努力。CybageAsha(Cybage Software 的企业社会责任部门)的旗舰项目旨在通过可持续的解决方案改善农村社区。这些项目包括利用现代农业方法进行创收干预以及基础设施建设。本文采用 t 检验和差分法分析了印度普纳地区 19 个村庄的 CybageAsha 实施的农业干预措施对农民生计的影响。研究结果表明,受益人从传统耕作方法到采用新耕作方法的转变为提高受益人的产量、收入、技能和生计带来了附加值。CybageAsha 的干预措施对受益人产生了积极影响,促进了农业发展、生计改善、创收和移民减少。然而,要使农民持续受益,还需要持续的支持和改进。这篇文章为研究人员和从业人员提供了对企业社会责任促进农业发展方法的新认识。应对数据分析中发现的挑战和问题将进一步提高农村振兴举措的成效。
{"title":"Impact of corporate social responsibility on sustainable agriculture and livelihood of farmers","authors":"Shuchi Benara Misra, Sneha Kumari, Varun Miglani","doi":"10.1002/bsd2.70007","DOIUrl":"https://doi.org/10.1002/bsd2.70007","url":null,"abstract":"<p>Rural areas have low levels of advancement and access to resources compared to urban regions, and elevating these regions is fundamental for accomplishing balanced and sustainable development. Rural uplifting typically includes a range of interventions, and by drawing in local stakeholders, rural uplifting projects can make sustainable arrangements that are custom-made for each community's unique difficulties and opportunities. Corporate social responsibility (CSR) can contribute to and aid the government's efforts in rural development. CybageAsha's (CSR department of Cybage Software) flagship programs seek to improve rural communities through sustainable solutions. These encompass income-generating interventions using contemporary agricultural methods as well as infrastructure development. This article analyses the impact of agricultural interventions on the farmers' livelihoods carried out by CybageAsha in 19 villages across the Pune district (India) by using the <i>t</i>-test and difference-in-difference approach. Findings reveal that the shift from traditional farming methods to adopting new farming methods among beneficiaries has added value in improving the beneficiaries' yields, incomes, skills, and livelihood. CybageAsha's interventions positively impacted the beneficiaries, contributing to agricultural development, livelihood improvement, income generation, and a decline in migration. However, there is a need for continuous support and improvement to sustain the benefits for farmers. The article provides a new understanding for researchers and practitioners about the CSR approaches towards agricultural development. Addressing the challenges and concerns identified in the data analysis will further enhance the effectiveness of rural uplifting initiatives.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":4.8,"publicationDate":"2024-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142320594","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The dynamic interaction between supply chain resilience (SCR) and sustainability has become a crucial area of study in the evolving business landscape. While research has made strides in connecting information technology (IT) and SCR, a gap remains in understanding how sustainability dimensions integrate into these aspects, particularly in socio-economically and environmentally challenged countries. This study aims to address this gap by investigating how IT and SCR contribute to enhancing overall supply chain performance, with a specific focus on the role of social (SS), environmental (ENS), and economic (ECS) sustainability dimensions. To achieve this, we formulated hypotheses that were tested using structural equation modeling, based on data from a sample of 321 apparel enterprises in Bangladesh. The findings reveal that IT significantly enhances resilience, while SCR does not directly improve supply chain performance when sustainability dimensions are considered. However, SCR positively influences all dimensions of sustainability, underscoring the importance of the combined strength of IT and SCR for achieving enduring sustainability in an uncertain world. Moreover, the results show that the triad of sustainability (SS, ENS, and ECS) fully mediates the relationship between resilience and supply chain performance, serving as the linchpin that binds and strengthens these elements. This research advances the understanding of the interplay between IT, resilience, and sustainability, providing valuable guidance for policymakers and sustainability professionals. Moreover, by integrating sustainability into IT and resilience strategies, organizations can enhance their supply chain performance and ensure long-term success.
{"title":"Toward sustainable development: The triple nexus for enhanced supply chain performance through information technology, resilience, and sustainability integration","authors":"Umma Habiba Sadia, Da Liu, Muhammad Irfan","doi":"10.1002/bsd2.70019","DOIUrl":"https://doi.org/10.1002/bsd2.70019","url":null,"abstract":"<p>The dynamic interaction between supply chain resilience (SCR) and sustainability has become a crucial area of study in the evolving business landscape. While research has made strides in connecting information technology (IT) and SCR, a gap remains in understanding how sustainability dimensions integrate into these aspects, particularly in socio-economically and environmentally challenged countries. This study aims to address this gap by investigating how IT and SCR contribute to enhancing overall supply chain performance, with a specific focus on the role of social (SS), environmental (ENS), and economic (ECS) sustainability dimensions. To achieve this, we formulated hypotheses that were tested using structural equation modeling, based on data from a sample of 321 apparel enterprises in Bangladesh. The findings reveal that IT significantly enhances resilience, while SCR does not directly improve supply chain performance when sustainability dimensions are considered. However, SCR positively influences all dimensions of sustainability, underscoring the importance of the combined strength of IT and SCR for achieving enduring sustainability in an uncertain world. Moreover, the results show that the triad of sustainability (SS, ENS, and ECS) fully mediates the relationship between resilience and supply chain performance, serving as the linchpin that binds and strengthens these elements. This research advances the understanding of the interplay between IT, resilience, and sustainability, providing valuable guidance for policymakers and sustainability professionals. Moreover, by integrating sustainability into IT and resilience strategies, organizations can enhance their supply chain performance and ensure long-term success.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":null,"pages":null},"PeriodicalIF":4.8,"publicationDate":"2024-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142313396","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}