首页 > 最新文献

Australasian Accounting Business and Finance Journal最新文献

英文 中文
Joining or Exiting the Defined Benefit Division Superannuation Scheme of UniSuper 加入或退出优胜的设定受益部门退休金计划
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i4.10
John P. Christie
The Defined Benefit Division of UniSuper is a large defined benefit superannuation scheme in Australia for public universities. Unlike public service superannuation schemes in Australia, it is not guaranteed by the employers. This has previously led to a reduction in benefits of the scheme due to expected funding shortfalls. This paper examines longstanding and more recent issues with the funding of the Defined Benefit Division. Recent changes to superannuation laws in Australia may result in further benefit reductions for the scheme in the future. Should new eligible employees join the Defined Benefit Division? What form of retirement benefit should be taken by retiring Defined Benefit Division members? The paper examines these two key questions. Employees who are contemplating joining the Defined Benefit Division, or those Defined Benefit Division members about to retire, have some very important decisions to make. 2
UniSuper的固定收益部门是澳大利亚公立大学的大型固定收益退休金计划。与澳大利亚的公共服务养老金计划不同,它不是由雇主保证的。此前,由于预计资金短缺,这导致该计划的福利减少。本文探讨了长期存在的和最近的问题与固定收益部门的资金。澳大利亚最近对养老金法的修改可能会导致未来该计划的福利进一步减少。新雇员是否应加入固定收益部门?界定利益部退休成员应享有什么形式的退休福利?本文探讨了这两个关键问题。考虑加入固定收益部门的员工,或者那些即将退休的固定收益部门成员,要做出一些非常重要的决定。2
{"title":"Joining or Exiting the Defined Benefit Division Superannuation Scheme of UniSuper","authors":"John P. Christie","doi":"10.14453/aabfj.v17i4.10","DOIUrl":"https://doi.org/10.14453/aabfj.v17i4.10","url":null,"abstract":"The Defined Benefit Division of UniSuper is a large defined benefit superannuation scheme in Australia for public universities. Unlike public service superannuation schemes in Australia, it is not guaranteed by the employers. This has previously led to a reduction in benefits of the scheme due to expected funding shortfalls. This paper examines longstanding and more recent issues with the funding of the Defined Benefit Division. Recent changes to superannuation laws in Australia may result in further benefit reductions for the scheme in the future. Should new eligible employees join the Defined Benefit Division? What form of retirement benefit should be taken by retiring Defined Benefit Division members? The paper examines these two key questions. Employees who are contemplating joining the Defined Benefit Division, or those Defined Benefit Division members about to retire, have some very important decisions to make. 2","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90972277","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}
引用次数: 0
Hedging the Oil Price Risk Factor on Airline Stock Returns in the Asia-Pacific: A Test of Effective Hedging Instruments 亚太地区航空公司股票收益中油价风险因素的套期保值:有效套期工具的检验
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i2.09
Scott Bernabas Felix, Jasman Tuyon, Hylmee Matahir, M. F. Ghazali
Focusing on the hedging-stock pricing research landscape, this research investigates the role of different futures hedging instruments, namely oil futures, gold futures, and VIX futures and the effect of net hedging benefits by employing them on oil price risk exposure to Asia-Pacific airline firms’ stock returns using the hedging-stock pricing model. This research examines 22 Asia-Pacific airline firms’ stock returns behaviour with monthly frequency data from 2010 to 2019. A complementary analysis approach using the fixed effect panel and quantile regressions are used to analyse the research model. The findings confirm the negative effects of oil price risk and the benefits of hedging oil price risk on airline stock returns, and the superiority of gold futures over oil futures and VIX futures as effective hedging instruments. The findings provide hedging insights to investors to manage equity investment against oil price risk. In the academic context, little is known about the benefits of cross-commodity hedging to reduce risk in equity investment and this work advances the hedging-stock pricing research. This research confirmed pairing of gold futures-airline stock produces an effective hedge. The equity investors could use cross-hedging strategy to enhance airline stock investment portfolio returns. 5
本研究聚焦于套期保值股票定价研究领域,运用套期保值股票定价模型,探讨不同期货套期保值工具(石油期货、黄金期货和波动率指数期货)的作用,以及净套期保值收益对亚太航空公司股票收益的影响。本研究利用2010年至2019年的月度频率数据分析了22家亚太航空公司的股票回报行为。采用固定效应面板和分位数回归的互补分析方法对研究模型进行分析。研究结果证实了油价风险和对冲油价风险对航空公司股票收益的负面影响,以及黄金期货作为有效对冲工具优于石油期货和波动率指数期货。这些发现为投资者管理股票投资以抵御油价风险提供了对冲见解。学术界对跨商品套期保值对降低股权投资风险的作用知之甚少,本研究促进了套期保值-股票定价研究。该研究证实了黄金期货与航空股的配对可以产生有效的对冲。股权投资者可采用交叉对冲策略提高航空股投资组合的收益。5
{"title":"Hedging the Oil Price Risk Factor on Airline Stock Returns in the Asia-Pacific: A Test of Effective Hedging Instruments","authors":"Scott Bernabas Felix, Jasman Tuyon, Hylmee Matahir, M. F. Ghazali","doi":"10.14453/aabfj.v17i2.09","DOIUrl":"https://doi.org/10.14453/aabfj.v17i2.09","url":null,"abstract":"Focusing on the hedging-stock pricing research landscape, this research investigates the role of different futures hedging instruments, namely oil futures, gold futures, and VIX futures and the effect of net hedging benefits by employing them on oil price risk exposure to Asia-Pacific airline firms’ stock returns using the hedging-stock pricing model. This research examines 22 Asia-Pacific airline firms’ stock returns behaviour with monthly frequency data from 2010 to 2019. A complementary analysis approach using the fixed effect panel and quantile regressions are used to analyse the research model. The findings confirm the negative effects of oil price risk and the benefits of hedging oil price risk on airline stock returns, and the superiority of gold futures over oil futures and VIX futures as effective hedging instruments. The findings provide hedging insights to investors to manage equity investment against oil price risk. In the academic context, little is known about the benefits of cross-commodity hedging to reduce risk in equity investment and this work advances the hedging-stock pricing research. This research confirmed pairing of gold futures-airline stock produces an effective hedge. The equity investors could use cross-hedging strategy to enhance airline stock investment portfolio returns. 5","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84814094","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}
引用次数: 0
Sustainable Development Goals: How do Companies React? 可持续发展目标:企业如何应对?
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i3.08
S. Vignini
Design/methodology/approach – The methodology followed is eminently qualitative-exploratory based on the administration of questionnaires, aimed at knowing which strategies have been implemented or what strategies are in the process of implementing by the companies to adapt to the challenge. Findings - Our findings show how large companies adapt their business to changing environmental conditions within a short period of time and what they expect in the future. Originality/value - The work presents elements of novelty, as an empirical study in managing the impact of SDGs framework on businesses belonging to the Italian territory.
设计/方法/方法-所遵循的方法是基于问卷管理的显著定性探索性的,旨在了解哪些战略已经实施,或者哪些战略正在由公司实施以适应挑战。调查结果-我们的调查结果显示了大公司如何在短时间内适应不断变化的环境条件以及他们对未来的期望。原创性/价值——作为一项管理可持续发展目标框架对意大利境内企业影响的实证研究,该作品呈现了新颖性元素。
{"title":"Sustainable Development Goals: How do Companies React?","authors":"S. Vignini","doi":"10.14453/aabfj.v17i3.08","DOIUrl":"https://doi.org/10.14453/aabfj.v17i3.08","url":null,"abstract":"Design/methodology/approach – The methodology followed is eminently qualitative-exploratory based on the administration of questionnaires, aimed at knowing which strategies have been implemented or what strategies are in the process of implementing by the companies to adapt to the challenge. Findings - Our findings show how large companies adapt their business to changing environmental conditions within a short period of time and what they expect in the future. Originality/value - The work presents elements of novelty, as an empirical study in managing the impact of SDGs framework on businesses belonging to the Italian territory.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83699949","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}
引用次数: 0
The Moderating Role of Policy Intervention on the Relationship of Environment, Social, and Governance (ESG) and Cost of Equity Capital: A Study in Basic Materials Companies in Asia 政策干预对环境、社会和治理(ESG)与股权资本成本关系的调节作用——基于亚洲基础材料公司的研究
Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i5.02
Yanthi Hutagaol-Martowidjojo, Valentina Tohang, Emmanuella P.T. Payung
Environment, Social, and Governance (ESG) disclosure is a non-financial disclosure that is expected to enhance firms’ transparency, ease estimation of risk, hence lower cost of equity (CoE). However prior studies show mixed results. Using Institutional theory, this paper argues that sustainability policy intervention could have a different effect. However, this framework expects that the more ESG disclosure, the higher firms’ cost of equity (CoE) due to shareholders’ perception of mindless ESG plan. The policy intervention examined is government regulation of mandatory sustainability practices. This study uses a sample of 98 basic materials sector companies in eleven Asia countries with 5 years study period from 2017-2021 as a research sample. Using panel-data regression analysis, this study finds that there is a positive relationship between ESG scores and CoE. Moreover, the government policy strengthens such a relationship. Therefore, consistent with coercive mechanism in institutional theory, we conclude that mandatory sustainability disclosure in the Asian Basic material sector companies in-creases firms’ CoE and the existence of mandatory regulation strengthens such a relationship.
环境、社会和治理(ESG)披露是一种非财务披露,有望提高公司的透明度,简化风险估计,从而降低股权成本(CoE)。然而,之前的研究结果喜忧参半。本文运用制度理论,论证了可持续性政策干预可能产生不同的效果。然而,该框架预期ESG披露越多,由于股东对无意识ESG计划的感知,企业的股权成本(CoE)越高。研究的政策干预是政府对强制性可持续性实践的监管。本研究以亚洲11个国家的98家基础材料行业公司为样本,研究周期为2017-2021年,为期5年。通过面板数据回归分析,本研究发现ESG得分与CoE之间存在正相关关系。此外,政府的政策加强了这种关系。因此,与制度理论中的强制机制一致,我们得出结论:亚洲基础材料行业公司强制性可持续性信息披露增加了公司的CoE,强制性监管的存在强化了这种关系。
{"title":"The Moderating Role of Policy Intervention on the Relationship of Environment, Social, and Governance (ESG) and Cost of Equity Capital: A Study in Basic Materials Companies in Asia","authors":"Yanthi Hutagaol-Martowidjojo, Valentina Tohang, Emmanuella P.T. Payung","doi":"10.14453/aabfj.v17i5.02","DOIUrl":"https://doi.org/10.14453/aabfj.v17i5.02","url":null,"abstract":"Environment, Social, and Governance (ESG) disclosure is a non-financial disclosure that is expected to enhance firms’ transparency, ease estimation of risk, hence lower cost of equity (CoE). However prior studies show mixed results. Using Institutional theory, this paper argues that sustainability policy intervention could have a different effect. However, this framework expects that the more ESG disclosure, the higher firms’ cost of equity (CoE) due to shareholders’ perception of mindless ESG plan. The policy intervention examined is government regulation of mandatory sustainability practices. This study uses a sample of 98 basic materials sector companies in eleven Asia countries with 5 years study period from 2017-2021 as a research sample. Using panel-data regression analysis, this study finds that there is a positive relationship between ESG scores and CoE. Moreover, the government policy strengthens such a relationship. Therefore, consistent with coercive mechanism in institutional theory, we conclude that mandatory sustainability disclosure in the Asian Basic material sector companies in-creases firms’ CoE and the existence of mandatory regulation strengthens such a relationship.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134882626","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}
引用次数: 0
The Role of Commercial Diplomacy in Promoting India as a Destination for Higher Education: A Case Study of Sudan 商业外交在促进印度成为高等教育目的地中的作用:以苏丹为例
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i1.05
B. Mubarak, Manish Sinha
There are several studies on the internationalization of higher Education in India. However, most of these studies are based on initiatives that have been taken up by private universities in India. Indian Embassies and Consulates (Indian Missions) around the world play an important role in promoting India as a destination for higher education among foreign students. Indian Missions become the first interface for foreign students travelling to India. Sudan is the third largest African country, with a population of over 45 million. India is one of the preferred destinations for Sudanese students travelling abroad for higher studies. Annually about 1500 students travel to India for higher studies, mainly to Pune, Mumbai, Hyderabad, Chennai and Bangalore. A study was conducted on students who have completed University education in India to understand the role of Commercial Diplomacy and Indian Missions in promoting India as a destination for higher education. The outcome of the study provides insights into the importance of Commercial Diplomacy and the role of Indian Missions in promoting India as a destination for Higher Education. Outreach events to promote India as a destination for Higher Education and facilitation of Student visas play a major role in students choosing India as a destination for higher education.
关于印度高等教育国际化的研究有很多。然而,这些研究大多是基于印度私立大学采取的主动行动。印度驻世界各地的使领馆在促进印度成为外国学生接受高等教育的目的地方面发挥着重要作用。印度使团成为外国学生前往印度的第一个界面。苏丹是非洲第三大国,人口超过4500万。印度是苏丹学生出国深造的首选目的地之一。每年约有1500名学生前往印度接受高等教育,主要是浦那、孟买、海德拉巴、金奈和班加罗尔。对在印度完成大学教育的学生进行了一项研究,以了解商业外交和印度使团在促进印度成为高等教育目的地方面的作用。这项研究的结果为商业外交的重要性和印度使团在促进印度成为高等教育目的地方面的作用提供了见解。推广印度作为高等教育目的地和便利学生签证的外展活动在学生选择印度作为高等教育目的地方面发挥了重要作用。
{"title":"The Role of Commercial Diplomacy in Promoting India as a Destination for Higher Education: A Case Study of Sudan","authors":"B. Mubarak, Manish Sinha","doi":"10.14453/aabfj.v17i1.05","DOIUrl":"https://doi.org/10.14453/aabfj.v17i1.05","url":null,"abstract":"There are several studies on the internationalization of higher Education in India. However, most of these studies are based on initiatives that have been taken up by private universities in India. Indian Embassies and Consulates (Indian Missions) around the world play an important role in promoting India as a destination for higher education among foreign students. Indian Missions become the first interface for foreign students travelling to India. Sudan is the third largest African country, with a population of over 45 million. India is one of the preferred destinations for Sudanese students travelling abroad for higher studies. Annually about 1500 students travel to India for higher studies, mainly to Pune, Mumbai, Hyderabad, Chennai and Bangalore. A study was conducted on students who have completed University education in India to understand the role of Commercial Diplomacy and Indian Missions in promoting India as a destination for higher education. The outcome of the study provides insights into the importance of Commercial Diplomacy and the role of Indian Missions in promoting India as a destination for Higher Education. Outreach events to promote India as a destination for Higher Education and facilitation of Student visas play a major role in students choosing India as a destination for higher education.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66672513","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}
引用次数: 0
The Role of Accounting in Managing Micro, Small and Medium Enterprises (MSMEs): The Case of Indonesia 会计在中小微企业管理中的作用:以印度尼西亚为例
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i2.08
Parullan Silaen, Steve Tulig
The Covid-19 pandemic affects the economy of a country as well as its Micro, Small, and Medium Enterprises (MSMEs). The MSMEs contribute to the economy of a country's GDP and can engross the workforce. In the case of Indonesia, 99% of MSMEs are micro-and small-businesses that need an intervention program from the Government. Having Accounting skills is important to manage MSMEs, as indicated by the OECD report (2017) regarding financial education. Unfortunately, the level of education that the owners of micro to small businesses have is relatively low and therefore, the program should be developed carefully considering the educational background of the sector. Training these business owners on simple accounting skills, which are critically important such as cash in and out records, may be suitable for micro and small businesses. In addition, recognition of their existence is also important by providing them with a business certificate from the city council. The certificate can also be used as a basis to allocate temporary space for the business that does the trading in the street market. Having the certificate recorded and maintained by the city council, as well as the simple financial record, can be used by the Government to base intervention programs such as financial and skill training as well as access to financial support or loan.3
2019冠状病毒病大流行影响一个国家的经济及其微型、小型和中型企业(MSMEs)。中小微企业对一个国家的GDP经济做出了贡献,并可以吸引劳动力。以印度尼西亚为例,99%的微型和小型中小企业需要政府的干预方案。正如经合组织关于金融教育的报告(2017)所指出的那样,拥有会计技能对于管理中小微企业很重要。不幸的是,微小企业所有者的教育水平相对较低,因此,该计划的制定应仔细考虑该部门的教育背景。对这些企业主进行简单的会计技能培训,这些技能至关重要,例如现金进出记录,可能适合微型和小型企业。此外,通过向他们提供市议会颁发的营业执照,承认他们的存在也很重要。该证书还可以作为在街头市场进行交易的企业分配临时场地的依据。由市议会记录和维护的证书,以及简单的财务记录,可以被政府用于基础干预计划,如财务和技能培训,以及获得财政支持或贷款
{"title":"The Role of Accounting in Managing Micro, Small and Medium Enterprises (MSMEs): The Case of Indonesia","authors":"Parullan Silaen, Steve Tulig","doi":"10.14453/aabfj.v17i2.08","DOIUrl":"https://doi.org/10.14453/aabfj.v17i2.08","url":null,"abstract":"The Covid-19 pandemic affects the economy of a country as well as its Micro, Small, and Medium Enterprises (MSMEs). The MSMEs contribute to the economy of a country's GDP and can engross the workforce. In the case of Indonesia, 99% of MSMEs are micro-and small-businesses that need an intervention program from the Government. Having Accounting skills is important to manage MSMEs, as indicated by the OECD report (2017) regarding financial education. Unfortunately, the level of education that the owners of micro to small businesses have is relatively low and therefore, the program should be developed carefully considering the educational background of the sector. Training these business owners on simple accounting skills, which are critically important such as cash in and out records, may be suitable for micro and small businesses. In addition, recognition of their existence is also important by providing them with a business certificate from the city council. The certificate can also be used as a basis to allocate temporary space for the business that does the trading in the street market. Having the certificate recorded and maintained by the city council, as well as the simple financial record, can be used by the Government to base intervention programs such as financial and skill training as well as access to financial support or loan.3","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76842445","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}
引用次数: 0
Corporate Governance Quality and Company Performance 公司治理质量与公司绩效
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i2.05
Well Well, Rilo Pambudi
{"title":"Corporate Governance Quality and Company Performance","authors":"Well Well, Rilo Pambudi","doi":"10.14453/aabfj.v17i2.05","DOIUrl":"https://doi.org/10.14453/aabfj.v17i2.05","url":null,"abstract":"","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89484308","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}
引用次数: 0
The Impact of IFRS 9 on Financial Reporting during Covid-19 from the Point of View of Experts in Europe 从欧洲专家的角度看新冠疫情期间IFRS 9对财务报告的影响
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i4.03
Ildikó Orbán, Oday Tamimi
The present study aimed to clarify the risks that banks are exposed to in light of the Covid-19 pandemic, examine the impact of these risks on the quality of financial reports in banks, with an indication of how IFRS 9 can either exacerbate or mitigate these risk and its effects on the financial statements of banks. Finally, provide some solutions to maintain capital adequacy and minimize pandemic risks to which some banks may be exposed. This study used the descriptive and inferential statistics, as well as the questionnaire as a tool for collecting data. The analysis of data by using the statistical program SPSS 25 and Microsoft Excel. Three major findings are outlined in this study. First, there is a statistically significant relationship between Covid-19 pandemic and the increased risks to which banks are exposed based on the results of the tests of the hypotheses. Second, there is a statistically significant relationship between IFRS 9 and the quality of the financial statements. Finally, there is a statistically significant relationship between IFRS 9 and bank risks during of the Covid-19 pandemic. The findings of this study are important for bank executives, auditors, and bodies that set standards for accounting and auditing.
本研究旨在澄清银行在2019冠状病毒病大流行背景下面临的风险,研究这些风险对银行财务报告质量的影响,并指出IFRS 9如何加剧或减轻这些风险及其对银行财务报表的影响。最后,提供一些解决方案,以保持资本充足率,并尽量减少一些银行可能面临的大流行风险。本研究采用描述性统计和推断性统计,并以问卷调查作为收集资料的工具。采用SPSS 25统计软件和Microsoft Excel对数据进行分析。本研究概述了三个主要发现。首先,根据假设测试的结果,Covid-19大流行与银行面临的风险增加之间存在统计学上显著的关系。第二,IFRS 9与财务报表质量之间存在统计学上显著的关系。最后,在2019冠状病毒病大流行期间,IFRS 9与银行风险之间存在统计学上显著的关系。本研究的发现对银行高管、审计师以及制定会计和审计标准的机构具有重要意义。
{"title":"The Impact of IFRS 9 on Financial Reporting during Covid-19 from the Point of View of Experts in Europe","authors":"Ildikó Orbán, Oday Tamimi","doi":"10.14453/aabfj.v17i4.03","DOIUrl":"https://doi.org/10.14453/aabfj.v17i4.03","url":null,"abstract":"The present study aimed to clarify the risks that banks are exposed to in light of the Covid-19 pandemic, examine the impact of these risks on the quality of financial reports in banks, with an indication of how IFRS 9 can either exacerbate or mitigate these risk and its effects on the financial statements of banks. Finally, provide some solutions to maintain capital adequacy and minimize pandemic risks to which some banks may be exposed. This study used the descriptive and inferential statistics, as well as the questionnaire as a tool for collecting data. The analysis of data by using the statistical program SPSS 25 and Microsoft Excel. Three major findings are outlined in this study. First, there is a statistically significant relationship between Covid-19 pandemic and the increased risks to which banks are exposed based on the results of the tests of the hypotheses. Second, there is a statistically significant relationship between IFRS 9 and the quality of the financial statements. Finally, there is a statistically significant relationship between IFRS 9 and bank risks during of the Covid-19 pandemic. The findings of this study are important for bank executives, auditors, and bodies that set standards for accounting and auditing.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90059221","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}
引用次数: 0
Has Digitalisation Mitigated the Impact of Covid-19 on the Manufacturing Sector’s Performance? 数字化是否缓解了新冠疫情对制造业业绩的影响?
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i2.02
Tien-Ming Yip, Wee‐Yeap Lau, Shankaran Nambiar
The Covid-19 pandemic brought many businesses to a standstill as international travel restriction was imposed across countries in addition to a national lockdown. Firm performances were depressed due to reduced order and output. This study examines whether digitalization has mitigated the negative impact of the Covid-19 pandemic on Malaysia's manufacturing sector. Using sales as the performance yardstick of 24 industrial sectors from January to December 2020, our result shows that manufacturing sales performance was negatively related to the Covid-19 pandemic. However, the adverse impact of Covid-19 was mitigated with a higher level of digitalization. The mitigating role of digitalization remains robust in further analysis. This study has managed to quantify the mitigating effect of Covid-19 on manufacturing sectors. As a policy implication, the government should expedite the introduction of the 5G network, promote digital adoption across all sectors to ensure business continuity and provide an effective response mechanism in any pandemic or crisis.
除了国家封锁外,各国还实施了国际旅行限制,导致许多企业陷入停滞。由于订单减少和产量减少,企业业绩受到抑制。这项研究考察了数字化是否减轻了新冠肺炎大流行对马来西亚制造业的负面影响。我们以2020年1 - 12月24个行业的销售业绩为衡量标准,结果显示制造业销售业绩与新冠肺炎疫情呈负相关。然而,数字化水平的提高减轻了Covid-19的不利影响。在进一步的分析中,数字化的缓解作用仍然很强大。这项研究成功地量化了新冠肺炎对制造业的缓解作用。作为政策暗示,政府应加快5G网络的引入,促进所有部门的数字化采用,以确保业务连续性,并在任何流行病或危机中提供有效的应对机制。
{"title":"Has Digitalisation Mitigated the Impact of Covid-19 on the Manufacturing Sector’s Performance?","authors":"Tien-Ming Yip, Wee‐Yeap Lau, Shankaran Nambiar","doi":"10.14453/aabfj.v17i2.02","DOIUrl":"https://doi.org/10.14453/aabfj.v17i2.02","url":null,"abstract":"The Covid-19 pandemic brought many businesses to a standstill as international travel restriction was imposed across countries in addition to a national lockdown. Firm performances were depressed due to reduced order and output. This study examines whether digitalization has mitigated the negative impact of the Covid-19 pandemic on Malaysia's manufacturing sector. Using sales as the performance yardstick of 24 industrial sectors from January to December 2020, our result shows that manufacturing sales performance was negatively related to the Covid-19 pandemic. However, the adverse impact of Covid-19 was mitigated with a higher level of digitalization. The mitigating role of digitalization remains robust in further analysis. This study has managed to quantify the mitigating effect of Covid-19 on manufacturing sectors. As a policy implication, the government should expedite the introduction of the 5G network, promote digital adoption across all sectors to ensure business continuity and provide an effective response mechanism in any pandemic or crisis.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87828568","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}
引用次数: 0
The Moderating Role of Risk Monitoring Committee on the Effect of Risk Disclosure on Financial Performance in Islamic Banks 风险监督委员会对伊斯兰银行风险披露对财务绩效影响的调节作用
IF 1.9 Q2 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.14453/aabfj.v17i4.11
L. Africa, Dian Agustia
This study examines the impact of risk disclosure on the financial performance of Indonesian Islamic banks and the ability of the Risk Monitoring Committee to moderate them. Quantitative research. OJK regulations in 2014 limited the selection of samples of Islamic banks so that the sample used is 72 Islamic banks in Indonesia from 2014 to 2021. These measures were calculated using the Statistical Package for the Social Sciences (SPSS 20) software SPSS tool (Statistical Package for the Social Sciences). The variables used are the dependent variable (ROE), independent variable (RD), moderating variable (RMC), and control variables (FDR, NPF, and CAR ratios). The findings show that the lower the risk disclosure, the lower the risks the bank faces and the higher it is financial performance. The existence of a risk monitoring committee can moderate the impact of risk disclosure on financial performance. Future research is expected to be able to compare Islamic and conventional commercial banks by adding variations and increasing the number of samples. Additional research can determine whether the findings of this study apply to Islamic banks in other countries. This research is beneficial for banking decision-makers because the completeness and risk assessment are always under the supervision of the risk disclosure committee. This study also adds novelty to the measurement of risk disclosure by utilizing the average inherent risk value.
本研究考察了风险披露对印尼伊斯兰银行财务绩效的影响,以及风险监测委员会调节风险的能力。定量研究。OJK 2014年的规定限制了伊斯兰银行样本的选择,因此使用的样本是2014年至2021年印度尼西亚的72家伊斯兰银行。这些测量是使用社会科学统计软件包(SPSS 20)软件SPSS工具(社会科学统计软件包)计算的。使用的变量是因变量(ROE)、自变量(RD)、调节变量(RMC)和控制变量(FDR、NPF和CAR比率)。研究结果表明,风险披露越低,银行面临的风险越低,财务绩效越高。风险监督委员会的存在可以缓和风险披露对财务绩效的影响。未来的研究有望通过增加变化和增加样本数量来比较伊斯兰和传统商业银行。进一步的研究可以确定本研究的结果是否适用于其他国家的伊斯兰银行。该研究对银行决策者有益,因为完整性和风险评估一直处于风险披露委员会的监督之下。本研究亦增加了利用平均固有风险值来衡量风险披露的新颖性。
{"title":"The Moderating Role of Risk Monitoring Committee on the Effect of Risk Disclosure on Financial Performance in Islamic Banks","authors":"L. Africa, Dian Agustia","doi":"10.14453/aabfj.v17i4.11","DOIUrl":"https://doi.org/10.14453/aabfj.v17i4.11","url":null,"abstract":"This study examines the impact of risk disclosure on the financial performance of Indonesian Islamic banks and the ability of the Risk Monitoring Committee to moderate them. Quantitative research. OJK regulations in 2014 limited the selection of samples of Islamic banks so that the sample used is 72 Islamic banks in Indonesia from 2014 to 2021. These measures were calculated using the Statistical Package for the Social Sciences (SPSS 20) software SPSS tool (Statistical Package for the Social Sciences). The variables used are the dependent variable (ROE), independent variable (RD), moderating variable (RMC), and control variables (FDR, NPF, and CAR ratios). The findings show that the lower the risk disclosure, the lower the risks the bank faces and the higher it is financial performance. The existence of a risk monitoring committee can moderate the impact of risk disclosure on financial performance. Future research is expected to be able to compare Islamic and conventional commercial banks by adding variations and increasing the number of samples. Additional research can determine whether the findings of this study apply to Islamic banks in other countries. This research is beneficial for banking decision-makers because the completeness and risk assessment are always under the supervision of the risk disclosure committee. This study also adds novelty to the measurement of risk disclosure by utilizing the average inherent risk value.","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87469302","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}
引用次数: 0
期刊
Australasian Accounting Business and Finance Journal
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1