首页 > 最新文献

International Journal of Law and Management最新文献

英文 中文
Towards sustainable audit quality: framework based on the UK financial reporting council 迈向可持续审计质量:基于英国财务报告委员会的框架
Q1 LAW Pub Date : 2023-09-20 DOI: 10.1108/ijlma-05-2023-0109
Mehdi Ashrafi, Mohammadreza Abdoli, Hasan Valiyan
Purpose One of the most emerging areas of audit knowledge is sustainable quality, which can comprehensively cover the development of audit reports inclusiveness for stakeholders. The purpose of this study is to present the sustainable audit quality (SAQ) framework based on the UK Financial Reporting Council. Design/methodology/approach The paper discusses the main concepts in both spreadsheets and process mining. Using a concrete data set as a running example, the different types of process mining are explained. Where spreadsheets work with numbers, process mining starts from event data with the aim to analyze processes. Findings The results of the study showed that the SAQ is more effective based on the two criteria of going concern and disclosure of key audit items. It was also determined that, based on total interpretive structural modeling, the two themes of debt covenants disclosure and assessment of firms’ leverage ratio have a higher priority for SAQ in the Tehran Stock Exchange. Originality/value This paper contributes to the discussion on the use of data mining for microarray databases and specifically for studying the present SAQ framework based on the UK Financial Reporting Council. An area that has not been paid attention to by prior research studies, and to the best of the authors’ knowledge, this study is the first research that attempts to provide the SAQ framework.
可持续质量是最新兴的审计知识领域之一,它可以全面涵盖审计报告对利益相关者包容性的发展。本研究的目的是提出基于英国财务报告委员会的可持续审计质量(SAQ)框架。设计/方法/方法本文讨论了电子表格和过程挖掘中的主要概念。以一个具体的数据集为例,说明了过程挖掘的不同类型。在电子表格处理数字的地方,流程挖掘从事件数据开始,目的是分析流程。研究结果表明,基于持续经营和重点审计项目披露两项准则的审计绩效评估更为有效。还确定,根据总解释性结构模型,债务契约披露和公司杠杆率评估这两个主题对德黑兰证券交易所的SAQ具有更高的优先级。原创性/价值本文有助于讨论微阵列数据库中数据挖掘的使用,特别是研究基于英国财务报告委员会的当前SAQ框架。据作者所知,这是一个之前的研究没有关注的领域,本研究是第一个试图提供SAQ框架的研究。
{"title":"Towards sustainable audit quality: framework based on the UK financial reporting council","authors":"Mehdi Ashrafi, Mohammadreza Abdoli, Hasan Valiyan","doi":"10.1108/ijlma-05-2023-0109","DOIUrl":"https://doi.org/10.1108/ijlma-05-2023-0109","url":null,"abstract":"Purpose One of the most emerging areas of audit knowledge is sustainable quality, which can comprehensively cover the development of audit reports inclusiveness for stakeholders. The purpose of this study is to present the sustainable audit quality (SAQ) framework based on the UK Financial Reporting Council. Design/methodology/approach The paper discusses the main concepts in both spreadsheets and process mining. Using a concrete data set as a running example, the different types of process mining are explained. Where spreadsheets work with numbers, process mining starts from event data with the aim to analyze processes. Findings The results of the study showed that the SAQ is more effective based on the two criteria of going concern and disclosure of key audit items. It was also determined that, based on total interpretive structural modeling, the two themes of debt covenants disclosure and assessment of firms’ leverage ratio have a higher priority for SAQ in the Tehran Stock Exchange. Originality/value This paper contributes to the discussion on the use of data mining for microarray databases and specifically for studying the present SAQ framework based on the UK Financial Reporting Council. An area that has not been paid attention to by prior research studies, and to the best of the authors’ knowledge, this study is the first research that attempts to provide the SAQ framework.","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136310969","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
Government policy in Indonesian contract law that still uses contract law inherited from Dutch product 印尼政府的合同法政策仍然沿用从荷兰合同法中继承下来的产品
Q1 LAW Pub Date : 2023-09-19 DOI: 10.1108/ijlma-09-2022-0203
Suherman S.H., Heru Sugiyono
Purpose This research is very important to conduct to review government policy on Indonesian contract law that still uses contract law inherited from Dutch product (BW) and review which regulations are to be adapted to current development of contract law. This research’s novelty is that new rules will be found in Indonesian contract law. Design/methodology/approach This research used normative and empirical methods. Normative research is dogmatic research or one that analyzes legislation using secondary data consisting of primary, secondary and tertiary legal materials. Besides the normative method, the research was also conducted using empirical method through direct interview and observation in some government agencies, such as the Directorate General of Legislation, Ministry of Law and Human Rights (HAM) and Chairman of Legal Product Formation Division, House of People’s Representatives of the Republic of Indonesia and the Civil Law Teaching Association (APHK). Findings This research found that new Indonesian contract law is very important to give legal certainty and justice to the people, and the contract law must regulate important matters related to the sources of contract besides agreement and law, related to termination, unjust enrichment, negotiation, good faith, public contract and private contract and related to legal act and validity of electronic contract. Research limitations/implications The novelty of this research is that new rules will be found in Indonesian contract law. This research is different from previous researches conducted by Sigit Irianto (2013) and Deviana Yuanitasari (2020), that discuss only on contract law development related only to the good faith principle. Practical implications Drafting contract law is a relatively heavy duty due to the factor of law pluralism that contains contract aspect in Indonesia such as customary law aspect, Islamic law aspect, regional aspect, international aspect and other aspects. In fact, meanwhile, there is rapid development in the community with regard to business transactions that are also followed with contract law development. Therefore, amendment is needed for the Indonesian contract law to adapt to the people’s need for law, and this change agenda is also addressed to updating the contract law. Social implications Civil law reform, especially contract law, is deemed very important for Indonesia, because based on field fact, people do their business contract by applying contract law that is not yet regulated in the contract law in KUHPerdata; thus, new contract law is needed that regulates important matters related to sources other than agreement and law. Originality/value It is very important to conduct this research to review government policy in Indonesian contract law that still uses the contract law inherited from Dutch product (BW) and review what regulations should have been adjusted to current development of contract law. The novelty of this research is that new rules
本研究对于审查政府对印度尼西亚合同法的政策非常重要,该政策仍然使用从荷兰产品(BW)继承的合同法,并审查哪些法规应适应当前合同法的发展。本研究的新颖之处在于,将在印尼合同法中发现新的规则。本研究采用了规范和实证的方法。规范研究是一种教条式的研究,或使用由第一、第二和第三法律材料组成的第二手数据来分析立法。除采用规范方法外,本研究还采用实证方法,对印尼立法总局、法律与人权部(HAM)、法律产品形成司主席、人民代表院和民法教学协会(APHK)等政府机构进行了直接访谈和观察。本研究发现,印尼新合同法对于赋予人民法律确定性和公正是非常重要的,合同法必须规范除协议和法律之外的合同来源的重要事项,涉及终止、不当得利、谈判、诚信、公共合同和私人合同以及电子合同的法律行为和有效性。本研究的新颖之处在于,将在印度尼西亚合同法中发现新的规则。本研究不同于Sigit Irianto(2013)和Deviana Yuanitasari(2020)之前的研究,他们只讨论了与诚信原则相关的合同法发展。由于印尼法律多元化的因素,合同法的起草是一项比较繁重的工作,印尼的法律多元化包含了合同方面,如习惯法方面、伊斯兰法方面、区域方面、国际方面等。事实上,与此同时,社会上的商业交易也在迅速发展,合同法的发展也紧随其后。因此,印尼合同法需要修改,以适应人民对法律的需要,这一变化议程也涉及到合同法的更新。民法改革,特别是合同法,被认为对印度尼西亚非常重要,因为根据现场事实,人们通过适用合同法来签订商业合同,而KUHPerdata的合同法尚未对此进行规定;因此,需要制定新的合同法,规定与协议和法律以外的来源有关的重要事项。独创性/价值进行这项研究是非常重要的,以审查印度尼西亚合同法中的政府政策,仍然使用从荷兰产品(BW)继承的合同法,并审查哪些法规应该调整以适应当前合同法的发展。这项研究的新颖之处在于,将在印度尼西亚合同法中发现新的规则。本研究不同于Sigit Irianto(2013)和Deviana Yuanitasari(2020)之前的研究,他们只讨论了与诚信原则相关的合同法发展。
{"title":"Government policy in Indonesian contract law that still uses contract law inherited from Dutch product","authors":"Suherman S.H., Heru Sugiyono","doi":"10.1108/ijlma-09-2022-0203","DOIUrl":"https://doi.org/10.1108/ijlma-09-2022-0203","url":null,"abstract":"Purpose This research is very important to conduct to review government policy on Indonesian contract law that still uses contract law inherited from Dutch product (BW) and review which regulations are to be adapted to current development of contract law. This research’s novelty is that new rules will be found in Indonesian contract law. Design/methodology/approach This research used normative and empirical methods. Normative research is dogmatic research or one that analyzes legislation using secondary data consisting of primary, secondary and tertiary legal materials. Besides the normative method, the research was also conducted using empirical method through direct interview and observation in some government agencies, such as the Directorate General of Legislation, Ministry of Law and Human Rights (HAM) and Chairman of Legal Product Formation Division, House of People’s Representatives of the Republic of Indonesia and the Civil Law Teaching Association (APHK). Findings This research found that new Indonesian contract law is very important to give legal certainty and justice to the people, and the contract law must regulate important matters related to the sources of contract besides agreement and law, related to termination, unjust enrichment, negotiation, good faith, public contract and private contract and related to legal act and validity of electronic contract. Research limitations/implications The novelty of this research is that new rules will be found in Indonesian contract law. This research is different from previous researches conducted by Sigit Irianto (2013) and Deviana Yuanitasari (2020), that discuss only on contract law development related only to the good faith principle. Practical implications Drafting contract law is a relatively heavy duty due to the factor of law pluralism that contains contract aspect in Indonesia such as customary law aspect, Islamic law aspect, regional aspect, international aspect and other aspects. In fact, meanwhile, there is rapid development in the community with regard to business transactions that are also followed with contract law development. Therefore, amendment is needed for the Indonesian contract law to adapt to the people’s need for law, and this change agenda is also addressed to updating the contract law. Social implications Civil law reform, especially contract law, is deemed very important for Indonesia, because based on field fact, people do their business contract by applying contract law that is not yet regulated in the contract law in KUHPerdata; thus, new contract law is needed that regulates important matters related to sources other than agreement and law. Originality/value It is very important to conduct this research to review government policy in Indonesian contract law that still uses the contract law inherited from Dutch product (BW) and review what regulations should have been adjusted to current development of contract law. The novelty of this research is that new rules ","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135010910","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 influence of information asymmetry on the interaction between voluntary corporate disclosure and cost of equity: evidence from publicly traded Indian enterprises 信息不对称对公司自愿披露与股权成本相互作用的影响:来自印度上市企业的证据
IF 1.5 Q1 LAW Pub Date : 2023-09-05 DOI: 10.1108/ijlma-05-2023-0120
A. Bhatia, Amanjot Kaur
PurposeThe purpose of this paper is to investigate whether information asymmetry mediates the relationship between disclosure and cost of equity.Design/methodology/approachThe study is based on a sample of 500 companies listed in Bombay Stock Exchange for a period of six years from 2015 to 2021. Panel data regression is applied to analyze the relationship between voluntary disclosure, cost of equity and information asymmetry. Mediation effect of information asymmetry is tested with the help of Barron and Kenny’s (1986) approach.FindingsFindings suggest that in case of Indian companies, disclosure reduces cost of equity directly and indirectly through mediation of information asymmetry. Indian investors value credible information for better estimation of future returns, supporting the validity of estimation risk and stock market liquidity hypothesis, which proposes an inverse relationship between disclosure and cost of equity.Research limitations/implicationsManagers can use the findings to strategize their disclosure policy and secure funds at lower cost. Shareholders can monitor managerial actions by demanding credible disclosures. Government too can encourage voluntary disclosure by providing special incentives to the firms.Originality/valueThis study is a pioneering research that investigates the mediating influence of information asymmetry between disclosure and cost of equity with reference to the Indian corporate landscape.
目的研究信息不对称是否在信息披露与权益成本之间起中介作用。设计/方法/方法该研究基于在孟买证券交易所上市的500家公司的样本,为期六年 2015年至2021年。运用面板数据回归分析了自愿披露、股权成本和信息不对称之间的关系。借助Barron和Kenny(1986)的方法检验了信息不对称的中介效应。研究结果表明,就印度公司而言,披露通过信息不对称的中介直接或间接降低了股权成本。印度投资者重视可信信息,以更好地估计未来回报,这支持了估计风险和股市流动性假设的有效性,该假设提出了披露与股权成本之间的反比关系。研究局限性/含义经理可以利用研究结果制定披露政策,以更低的成本获得资金。股东可以通过要求可靠的披露来监督管理层的行为。政府也可以通过向公司提供特殊激励来鼓励自愿披露。独创性/价值这项研究是一项开创性的研究,旨在参考印度企业的情况,调查信息不对称在披露和股权成本之间的中介影响。
{"title":"The influence of information asymmetry on the interaction between voluntary corporate disclosure and cost of equity: evidence from publicly traded Indian enterprises","authors":"A. Bhatia, Amanjot Kaur","doi":"10.1108/ijlma-05-2023-0120","DOIUrl":"https://doi.org/10.1108/ijlma-05-2023-0120","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to investigate whether information asymmetry mediates the relationship between disclosure and cost of equity.\u0000\u0000\u0000Design/methodology/approach\u0000The study is based on a sample of 500 companies listed in Bombay Stock Exchange for a period of six years from 2015 to 2021. Panel data regression is applied to analyze the relationship between voluntary disclosure, cost of equity and information asymmetry. Mediation effect of information asymmetry is tested with the help of Barron and Kenny’s (1986) approach.\u0000\u0000\u0000Findings\u0000Findings suggest that in case of Indian companies, disclosure reduces cost of equity directly and indirectly through mediation of information asymmetry. Indian investors value credible information for better estimation of future returns, supporting the validity of estimation risk and stock market liquidity hypothesis, which proposes an inverse relationship between disclosure and cost of equity.\u0000\u0000\u0000Research limitations/implications\u0000Managers can use the findings to strategize their disclosure policy and secure funds at lower cost. Shareholders can monitor managerial actions by demanding credible disclosures. Government too can encourage voluntary disclosure by providing special incentives to the firms.\u0000\u0000\u0000Originality/value\u0000This study is a pioneering research that investigates the mediating influence of information asymmetry between disclosure and cost of equity with reference to the Indian corporate landscape.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42476725","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 information and communication technology in modernizing the courts: a case of Nepali judiciary 信息和通信技术在法院现代化中的作用:尼泊尔司法的一个案例
Q1 LAW Pub Date : 2023-09-05 DOI: 10.1108/ijlma-01-2023-0006
Krishna Prasad Paudel
Purpose The purpose of this paper is to investigate the practices of information and communication technology (ICT) in modernizing the courts. In this context, this paper focuses on the usage of ICT in the Nepali judiciary system involving both judicial and court administration to automate judicial activities. Design/methodology/approach A narrative case study was conducted to identify the current status of technology in the judiciary system concerning court automation and administration. The information was gathered from justice, case registration officer, bench officer and admin personnel. Findings This study shows that technological intervention is made in the Nepali judiciary to automate judicial activities. The judicial activities, such as case registration, case automation, case hearing, the decision of cases and cause list, are of high priority and are managed through case management software. Furthermore, it demands an innovative learning environment within the judiciary to strengthen the capacity of the employees of the judiciary in the field of ICT. Research limitations/implications This study anticipates the participant’s perception and practical aspects of technology to modernize the courts to provide better and more effective service to its stakeholders. This study carried out the perceptions of the justice, bench officer, case registration officer and admin personnel. The voice of the other stakeholders was not carried out. Practical implications This paper establishes the practical aspects of ICT in modernizing the courts to provide better services to its stakeholders. It also replicates the status of ICT in the Nepali judiciary. Originality/value This paper tries to establish the practical implications of ICT along with its importance in the judiciary of Nepal.
本文的目的是调查信息和通信技术(ICT)在法院现代化中的实践。在此背景下,本文重点关注尼泊尔司法系统中涉及司法和法院管理的信息通信技术的使用,以实现司法活动的自动化。设计/方法/方法进行了一项叙述性案例研究,以确定司法系统中有关法院自动化和行政的技术现状。这些资料是从司法、案件登记主任、法官和行政人员那里收集的。本研究表明,尼泊尔司法部门进行了技术干预,使司法活动自动化。案件登记、案件自动化、案件审理、案件判决、案件原因清单等司法活动是重中之重,并通过案件管理软件进行管理。此外,它要求在司法机构内创造一个创新的学习环境,以加强司法机构雇员在信息和通信技术领域的能力。研究局限/影响本研究预测了参与者对技术现代化的看法和实际方面,以便为其利益相关者提供更好和更有效的服务。本研究进行了法官、法官、案件登记官和行政人员的看法。其他利益相关者的意见没有得到落实。本文建立了信息通信技术在法院现代化方面的实际方面,以便为其利益相关者提供更好的服务。它也复制了信息和通信技术在尼泊尔司法系统中的地位。原创性/价值本文试图建立ICT的实际影响及其在尼泊尔司法中的重要性。
{"title":"The role of information and communication technology in modernizing the courts: a case of Nepali judiciary","authors":"Krishna Prasad Paudel","doi":"10.1108/ijlma-01-2023-0006","DOIUrl":"https://doi.org/10.1108/ijlma-01-2023-0006","url":null,"abstract":"Purpose The purpose of this paper is to investigate the practices of information and communication technology (ICT) in modernizing the courts. In this context, this paper focuses on the usage of ICT in the Nepali judiciary system involving both judicial and court administration to automate judicial activities. Design/methodology/approach A narrative case study was conducted to identify the current status of technology in the judiciary system concerning court automation and administration. The information was gathered from justice, case registration officer, bench officer and admin personnel. Findings This study shows that technological intervention is made in the Nepali judiciary to automate judicial activities. The judicial activities, such as case registration, case automation, case hearing, the decision of cases and cause list, are of high priority and are managed through case management software. Furthermore, it demands an innovative learning environment within the judiciary to strengthen the capacity of the employees of the judiciary in the field of ICT. Research limitations/implications This study anticipates the participant’s perception and practical aspects of technology to modernize the courts to provide better and more effective service to its stakeholders. This study carried out the perceptions of the justice, bench officer, case registration officer and admin personnel. The voice of the other stakeholders was not carried out. Practical implications This paper establishes the practical aspects of ICT in modernizing the courts to provide better services to its stakeholders. It also replicates the status of ICT in the Nepali judiciary. Originality/value This paper tries to establish the practical implications of ICT along with its importance in the judiciary of Nepal.","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135253460","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
Evolution of the law on income taxation of small businesses in Uganda 乌干达小企业所得税法律的演变
IF 1.5 Q1 LAW Pub Date : 2023-08-30 DOI: 10.1108/ijlma-08-2022-0186
Waliya Gwokyalya, I. Okumu, Solomon Rukundo
PurposeThis paper aims to analyse how the law on income taxation of small businesses in Uganda has evolved from the pre-colonial to the present day.Design/methodology/approachThe study used doctrinal legal research based on existing documentation on empirical research from Ugandan laws, institutional writings, books and journal articles.FindingsThe study established that there has been various promulgations and amendment of the law on income taxation of small businesses geared at simplifying the law, expanding the tax base and improving the tax yield from this sector. However, the law still bears limitations, some of which have existed from way back before the current legal regime on presumptive tax. Thus, the income tax yield from small businesses continues to be low over the years. It posits that it is not clear whether small business owners understand the legislations on presumptive income tax to enable us to determine with certainty that further amendments have the potential of enhancing an increased tax yield, which has not been attained over the years.Originality/valueLimited work has been undertaken on the historical development of the income taxation of small businesses in a developing country like Uganda. This study provides an initial synthesis of the literature on the evolution of income tax laws for small businesses in an economy that had been earlier neglected by scholars.
目的本文旨在分析乌干达小企业所得税法律是如何从殖民前发展到今天的。设计/方法论/方法该研究使用了基于乌干达法律、机构著作、书籍和期刊文章的现有实证研究文件的理论法律研究。研究结果表明,已经颁布和修订了各种关于小企业所得税的法律,旨在简化法律,扩大税基,提高该部门的税收收益。然而,该法律仍然存在局限性,其中一些局限性早在现行推定税法律制度之前就已经存在。因此,小企业的所得税收益率多年来一直很低。它假设,目前尚不清楚小企业主是否了解推定所得税的立法,以使我们能够确定进一步的修正案有可能提高税收,而这是多年来从未实现的。在乌干达这样的发展中国家,对小企业所得税的历史发展进行了有限的研究。这项研究对早期被学者忽视的经济中小企业所得税法演变的文献进行了初步综合。
{"title":"Evolution of the law on income taxation of small businesses in Uganda","authors":"Waliya Gwokyalya, I. Okumu, Solomon Rukundo","doi":"10.1108/ijlma-08-2022-0186","DOIUrl":"https://doi.org/10.1108/ijlma-08-2022-0186","url":null,"abstract":"\u0000Purpose\u0000This paper aims to analyse how the law on income taxation of small businesses in Uganda has evolved from the pre-colonial to the present day.\u0000\u0000\u0000Design/methodology/approach\u0000The study used doctrinal legal research based on existing documentation on empirical research from Ugandan laws, institutional writings, books and journal articles.\u0000\u0000\u0000Findings\u0000The study established that there has been various promulgations and amendment of the law on income taxation of small businesses geared at simplifying the law, expanding the tax base and improving the tax yield from this sector. However, the law still bears limitations, some of which have existed from way back before the current legal regime on presumptive tax. Thus, the income tax yield from small businesses continues to be low over the years. It posits that it is not clear whether small business owners understand the legislations on presumptive income tax to enable us to determine with certainty that further amendments have the potential of enhancing an increased tax yield, which has not been attained over the years.\u0000\u0000\u0000Originality/value\u0000Limited work has been undertaken on the historical development of the income taxation of small businesses in a developing country like Uganda. This study provides an initial synthesis of the literature on the evolution of income tax laws for small businesses in an economy that had been earlier neglected by scholars.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2023-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43479113","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
Legal and regulatory framework for mobile banking in Tanzania 坦桑尼亚移动银行的法律和监管框架
IF 1.5 Q1 LAW Pub Date : 2023-08-28 DOI: 10.1108/ijlma-12-2022-0268
Abdallah Mrindoko Ally
PurposeThis paper aims to assess the legal and regulatory framework for mobile banking (M-banking) in Tanzania. The technological development in information and communication technologies has converted a mobile phone from a simple communication device to a very complex instrument that allows people to perform various digital transactions and extra operations such as web browsing and email reading. Such tremendous developments have brought in place the regime of M-banking. The birth of M-banking has brought legal and institutional challenges that were not anticipated before. It has complicated the traditional role of the telecommunication regulator and financial regulator in the business and caused legal gaps that need to be bridged.Design/methodology/approachTo disclose the legal gaps and bridge them, the study used doctrinal legal method and comparative study to learn the experience of international legal instruments and policies and laws of other jurisdictions. This paper has evaluated the contribution of international legal instruments and legal frameworks of foreign jurisdictions such as Kenya and the Philippines.FindingsIt has been revealed that the prevailing laws regulating M-banking in Tanzania do not adequately address and bridge the existing legal gaps. There is a need to enact a specific law regulating M-banking and confer such powers to a specific institution to deal with regulatory issues.Originality/valueThis paper stresses the importance of enacting new laws that will offer room for financial inclusion in the digital economy and protect consumers against financial risk. It also intends to act as a catalyst and change agent in policy and legislative development in the M-banking industry. It would also bring special attention to addressing consumer rights, security and risky issues surrounding the M-banking industry. Although several other authors in Tanzania have written in this area, they have not clearly focused on disclosing the existing legal gaps resulting from the convergence of the financial and communication sectors. This paper is therefore trying to offer an extensive discussion on the legislative development in the M-banking industry in Tanzania.
目的本文旨在评估坦桑尼亚移动银行的法律和监管框架。信息和通信技术的技术发展已经将手机从一个简单的通信设备转变为一种非常复杂的工具,人们可以进行各种数字交易和额外的操作,如浏览网页和阅读电子邮件。如此巨大的发展已经建立了移动银行制度。移动银行的诞生带来了前所未有的法律和制度挑战。它使电信监管机构和金融监管机构在业务中的传统角色变得复杂,并造成了需要弥合的法律空白。设计/方法/途径为了揭示法律差距并弥合这些差距,该研究采用了理论法律方法和比较研究,学习了国际法律文书以及其他司法管辖区的政策和法律的经验。本文评估了肯尼亚和菲律宾等外国司法管辖区的国际法律文书和法律框架的贡献。有必要制定一项具体的法律来监管移动银行业务,并将此类权力授予特定机构来处理监管问题。原创性/价值本文强调了制定新法律的重要性,这些法律将为数字经济中的金融包容性提供空间,并保护消费者免受金融风险的影响。它还打算在移动银行业的政策和立法发展中发挥催化剂和变革推动者的作用。它还将特别关注解决移动银行业的消费者权利、安全和风险问题。尽管坦桑尼亚的其他几位作者也在这一领域撰文,但他们并没有明确重点披露金融和通信部门融合造成的现有法律空白。因此,本文试图对坦桑尼亚移动银行业的立法发展进行广泛的讨论。
{"title":"Legal and regulatory framework for mobile banking in Tanzania","authors":"Abdallah Mrindoko Ally","doi":"10.1108/ijlma-12-2022-0268","DOIUrl":"https://doi.org/10.1108/ijlma-12-2022-0268","url":null,"abstract":"\u0000Purpose\u0000This paper aims to assess the legal and regulatory framework for mobile banking (M-banking) in Tanzania. The technological development in information and communication technologies has converted a mobile phone from a simple communication device to a very complex instrument that allows people to perform various digital transactions and extra operations such as web browsing and email reading. Such tremendous developments have brought in place the regime of M-banking. The birth of M-banking has brought legal and institutional challenges that were not anticipated before. It has complicated the traditional role of the telecommunication regulator and financial regulator in the business and caused legal gaps that need to be bridged.\u0000\u0000\u0000Design/methodology/approach\u0000To disclose the legal gaps and bridge them, the study used doctrinal legal method and comparative study to learn the experience of international legal instruments and policies and laws of other jurisdictions. This paper has evaluated the contribution of international legal instruments and legal frameworks of foreign jurisdictions such as Kenya and the Philippines.\u0000\u0000\u0000Findings\u0000It has been revealed that the prevailing laws regulating M-banking in Tanzania do not adequately address and bridge the existing legal gaps. There is a need to enact a specific law regulating M-banking and confer such powers to a specific institution to deal with regulatory issues.\u0000\u0000\u0000Originality/value\u0000This paper stresses the importance of enacting new laws that will offer room for financial inclusion in the digital economy and protect consumers against financial risk. It also intends to act as a catalyst and change agent in policy and legislative development in the M-banking industry. It would also bring special attention to addressing consumer rights, security and risky issues surrounding the M-banking industry. Although several other authors in Tanzania have written in this area, they have not clearly focused on disclosing the existing legal gaps resulting from the convergence of the financial and communication sectors. This paper is therefore trying to offer an extensive discussion on the legislative development in the M-banking industry in Tanzania.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48291720","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
Contract and Aqd, are they functionally different? Contract和Aqd,它们在功能上不同吗?
IF 1.5 Q1 LAW Pub Date : 2023-08-24 DOI: 10.1108/ijlma-03-2023-0040
Mohammad Rasmi Al-Umari, Mutasim Ahmad Alqudah
PurposeThe purpose of this paper is to determine whether there is any fundamental difference in the meaning of contract in these two legal systems by analysing some of the essential principles of contract particularly parties’ agreement and consideration.Design/methodology/approachThis paper seeks to investigate the degree of equivalency of the term contract and its Islamic law counterpart “Aqd”. To implement this task, it applies some comparative law techniques to examine certain contractual elements under common law and Islamic law.FindingsThe argument that “contract” and “Aqd” are not equivalent is superficial, and it is not well-supported by concrete evidence. The examples used to build this argument are merely limited exceptions to the general principles of contract, and some of them even exist under both legal systems in a similar manner such as “deed” and “Hibah”.Practical implicationsThe paper is of interest to legal practitioners and professionals working in cross-cultural or international contexts, as understanding points of conformity and disconformity between “contract” and “Aqd” can help in multiple ways. These may include negotiating international transactions, contract drafting and dispute-resolution processes involving parties from Western and Islamic law-based jurisdictions. It may also aid policymaking and lawmaking processes aiming to harmonize contract principles across different jurisdictions.Social implicationsThe research paper is important for public attitude, as understanding similarities and differences between “contract” and “Aqd” fosters mutual respect, tolerance and cooperation between individuals and communities adhering to different legal systems.Originality/valueThere is a common belief that the term “contract” substantially differs from “Aqd”, and it is by no means safe to presume that every “Aqd” qualifies as a contract. The current research introduces a new point view on the degree of conceptual equivalency of the two terms by showing resemblances in aspects relating to some contractual elements which have always been viewed as an area of divergence rather than convergence.
本文的目的是通过分析合同的一些基本原则,特别是当事人的协议和对价,来确定在这两个法系中合同的含义是否存在根本的差异。设计/方法/方法本文旨在调查术语合同与其伊斯兰法律对应的“Aqd”的等同程度。为了完成这项任务,它采用了一些比较法技术来审查普通法和伊斯兰法下的某些合同要素。“contract”和“Aqd”不等同的观点是肤浅的,没有具体的证据支持。用来建立这一论点的例子仅仅是合同一般原则的有限例外,其中一些甚至以类似的方式存在于两种法律体系中,如“契据”和“Hibah”。实践意义本文对在跨文化或国际背景下工作的法律从业者和专业人士很有兴趣,因为理解“合同”和“合同”之间的符合和不符合点可以在多个方面提供帮助。其中可能包括国际交易谈判、合同起草和涉及西方和伊斯兰法域各方的争议解决程序。它还可能有助于旨在协调不同司法管辖区的合同原则的政策制定和立法过程。社会影响该研究报告对公众态度很重要,因为了解“合同”和“合同”之间的异同,可以促进不同法律制度下的个人和社区之间的相互尊重、容忍和合作。原创性/价值人们普遍认为,“合同”与“Aqd”存在本质上的差异,因此不能想当然地认为每个“Aqd”都是合同。目前的研究对这两个术语的概念等值程度提出了一种新的观点,表明在一些一向被视为分歧而非趋同领域的合同要素方面存在相似之处。
{"title":"Contract and Aqd, are they functionally different?","authors":"Mohammad Rasmi Al-Umari, Mutasim Ahmad Alqudah","doi":"10.1108/ijlma-03-2023-0040","DOIUrl":"https://doi.org/10.1108/ijlma-03-2023-0040","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to determine whether there is any fundamental difference in the meaning of contract in these two legal systems by analysing some of the essential principles of contract particularly parties’ agreement and consideration.\u0000\u0000\u0000Design/methodology/approach\u0000This paper seeks to investigate the degree of equivalency of the term contract and its Islamic law counterpart “Aqd”. To implement this task, it applies some comparative law techniques to examine certain contractual elements under common law and Islamic law.\u0000\u0000\u0000Findings\u0000The argument that “contract” and “Aqd” are not equivalent is superficial, and it is not well-supported by concrete evidence. The examples used to build this argument are merely limited exceptions to the general principles of contract, and some of them even exist under both legal systems in a similar manner such as “deed” and “Hibah”.\u0000\u0000\u0000Practical implications\u0000The paper is of interest to legal practitioners and professionals working in cross-cultural or international contexts, as understanding points of conformity and disconformity between “contract” and “Aqd” can help in multiple ways. These may include negotiating international transactions, contract drafting and dispute-resolution processes involving parties from Western and Islamic law-based jurisdictions. It may also aid policymaking and lawmaking processes aiming to harmonize contract principles across different jurisdictions.\u0000\u0000\u0000Social implications\u0000The research paper is important for public attitude, as understanding similarities and differences between “contract” and “Aqd” fosters mutual respect, tolerance and cooperation between individuals and communities adhering to different legal systems.\u0000\u0000\u0000Originality/value\u0000There is a common belief that the term “contract” substantially differs from “Aqd”, and it is by no means safe to presume that every “Aqd” qualifies as a contract. The current research introduces a new point view on the degree of conceptual equivalency of the two terms by showing resemblances in aspects relating to some contractual elements which have always been viewed as an area of divergence rather than convergence.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2023-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49008390","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
Reinforcing policy and legal framework for Islamic insurance in Islamic finance: towards achieving Saudi Arabia Vision 2030 加强伊斯兰金融中的伊斯兰保险政策和法律框架:实现沙特阿拉伯2030年愿景
IF 1.5 Q1 LAW Pub Date : 2023-08-16 DOI: 10.1108/ijlma-03-2023-0045
Yusuff Jelili Amuda, Sarah Alabdulrahman
PurposeConventional insurance creates a gap in the financial system across the world that manifests from the global financial and economic crisis. There is an increasing demand for insurance schemes that will bridge the gap of financial and economic crisis globally. More recently, there is an advocacy in Saudi Arabia for achieving Vision 2030 by various facets of human endeavours such as strengthening financial markets and boasting economic development. The purpose of this paper is to deeply explore policy and reinforcement of the legal framework of Islamic insurance as essential bedrocks in Islamic finance that are Shari’ah compliant to achieve Saudi Vision 2030 for overall sustainability of all spheres of human endeavours in the country.Design/methodology/approachContent analysis and systematic literature review are used as methodological approaches in this paper. There are various sources of accessing secondary data used in this study such as online peer review, journals and library-based sources. Through the exploration of various secondary data, five major themes were identified in this study, namely, policy, legal framework, Islamic insurance, Islamic finance and Saudi Vision 2030. Analysis of various themes were done systematically in this paper. The methodology provides theoretical and practical foundations for reinforcing policy and legal framework for Islamic insurance, specifically in Islamic finance to achieve Vision 2030 in Saudi Arabia. It is the policy and legal framework that can provide necessary dynamics for strengthening Islamic insurance in particular and Islamic finance in general towards attaining sustainable Vision 2030 in the country.FindingsThe paper demonstrated that policy period is explicitly associated with Islamic insurance, whereby Takaful insurance is regarded as policyholder rather than shareholder-oriented. Similarly, it is established that there is need to specifically mention the policy period and the nature of contract in Islamic insurance should not be limited to only mutual cooperation among the participants in connection with the losses but it should capture element of sharing income generated from investment between insurer and policyholders using predetermined ratio for such as provided with theoretical legal framework (Shari’ah) in connection with Islamic insurance model as an integral part of Islamic finance.Research limitations/implicationsIt will depart completely from conventional insurance where borrowing of funds and investment are put at fixed interest (Riba), uncertainty (Gharar) and speculative ideas (Maisir). Avoidance of different elements ascribed with conventional insurance would enable Saudi Arabia to strengthen financial system and boast economic development with an emphasis on an effective policy and efficient legal framework towards attaining Vision 2030 in the country.Practical implicationsThe methodology provides theoretical and practical foundations for reinforcing p
目的传统保险在全球金融和经济危机中造成了金融体系的缺口。对保险计划的需求越来越大,这将弥合全球金融和经济危机的差距。最近,沙特阿拉伯倡导通过加强金融市场和吹嘘经济发展等人类努力的各个方面来实现2030年愿景。本文的目的是深入探讨伊斯兰保险的政策和法律框架的加强,伊斯兰保险是伊斯兰金融的重要基石,符合伊斯兰教法,以实现沙特2030年愿景,实现该国人类事业各个领域的整体可持续性。设计/方法论/方法内容分析和系统文献综述是本文的方法论方法。本研究中使用的二级数据有各种来源,如在线同行评审、期刊和图书馆来源。通过对各种二次数据的探索,本研究确定了五个主要主题,即政策、法律框架、伊斯兰保险、伊斯兰金融和沙特2030愿景。本文对各种主题进行了系统的分析。该方法为加强伊斯兰保险的政策和法律框架提供了理论和实践基础,特别是在伊斯兰金融领域,以实现沙特阿拉伯的2030愿景。正是政策和法律框架可以为加强伊斯兰保险和伊斯兰金融提供必要的动力,以实现该国可持续的2030年愿景。研究结果表明,保单期与伊斯兰保险有着明确的联系,Takaful保险被视为投保人而非股东导向。类似地,已经确定,有必要特别提及保险期和伊斯兰保险合同的性质,不应仅限于参与人之间就损失进行的相互合作,而是应包括保险人和投保人之间使用预先确定的比例分享投资产生的收入的要素,如与伊斯兰保险模式相关的理论法律框架(伊斯兰教法)是伊斯兰金融的一个组成部分。研究局限性/含义它将完全脱离传统保险,即以固定利率(Riba)、不确定性(Gharar)和投机思想(Maisir)借入资金和投资。避免传统保险的不同因素将使沙特阿拉伯能够加强金融体系,并以经济发展为荣,强调有效的政策和有效的法律框架,以实现该国的2030年愿景。实际含义该方法为加强伊斯兰保险的政策和法律框架,特别是在伊斯兰金融领域,以在沙特阿拉伯实现2030年愿景提供了理论和实践基础。社会影响传统保险在全球金融和经济危机中造成了金融体系的缺口。对保险计划的需求越来越大,这将弥合全球金融和经济危机的差距。最近,沙特阿拉伯倡导通过加强金融市场和吹嘘经济发展等人类努力的各个方面来实现2030年愿景。独创性/价值通过这种强调,它将完全脱离传统保险,即以固定利率(Riba)、不确定性(Gharar)和投机思想(Maisir)借入资金和投资。避免传统保险的不同因素将使沙特阿拉伯能够加强金融体系,并以经济发展为荣,强调有效的政策和有效的法律框架,以实现该国的2030年愿景。
{"title":"Reinforcing policy and legal framework for Islamic insurance in Islamic finance: towards achieving Saudi Arabia Vision 2030","authors":"Yusuff Jelili Amuda, Sarah Alabdulrahman","doi":"10.1108/ijlma-03-2023-0045","DOIUrl":"https://doi.org/10.1108/ijlma-03-2023-0045","url":null,"abstract":"\u0000Purpose\u0000Conventional insurance creates a gap in the financial system across the world that manifests from the global financial and economic crisis. There is an increasing demand for insurance schemes that will bridge the gap of financial and economic crisis globally. More recently, there is an advocacy in Saudi Arabia for achieving Vision 2030 by various facets of human endeavours such as strengthening financial markets and boasting economic development. The purpose of this paper is to deeply explore policy and reinforcement of the legal framework of Islamic insurance as essential bedrocks in Islamic finance that are Shari’ah compliant to achieve Saudi Vision 2030 for overall sustainability of all spheres of human endeavours in the country.\u0000\u0000\u0000Design/methodology/approach\u0000Content analysis and systematic literature review are used as methodological approaches in this paper. There are various sources of accessing secondary data used in this study such as online peer review, journals and library-based sources. Through the exploration of various secondary data, five major themes were identified in this study, namely, policy, legal framework, Islamic insurance, Islamic finance and Saudi Vision 2030. Analysis of various themes were done systematically in this paper. The methodology provides theoretical and practical foundations for reinforcing policy and legal framework for Islamic insurance, specifically in Islamic finance to achieve Vision 2030 in Saudi Arabia. It is the policy and legal framework that can provide necessary dynamics for strengthening Islamic insurance in particular and Islamic finance in general towards attaining sustainable Vision 2030 in the country.\u0000\u0000\u0000Findings\u0000The paper demonstrated that policy period is explicitly associated with Islamic insurance, whereby Takaful insurance is regarded as policyholder rather than shareholder-oriented. Similarly, it is established that there is need to specifically mention the policy period and the nature of contract in Islamic insurance should not be limited to only mutual cooperation among the participants in connection with the losses but it should capture element of sharing income generated from investment between insurer and policyholders using predetermined ratio for such as provided with theoretical legal framework (Shari’ah) in connection with Islamic insurance model as an integral part of Islamic finance.\u0000\u0000\u0000Research limitations/implications\u0000It will depart completely from conventional insurance where borrowing of funds and investment are put at fixed interest (Riba), uncertainty (Gharar) and speculative ideas (Maisir). Avoidance of different elements ascribed with conventional insurance would enable Saudi Arabia to strengthen financial system and boast economic development with an emphasis on an effective policy and efficient legal framework towards attaining Vision 2030 in the country.\u0000\u0000\u0000Practical implications\u0000The methodology provides theoretical and practical foundations for reinforcing p","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2023-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41740166","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: 2
Enabling beneficial right for sovereign ṣukūk issuance in Indonesia: challenges and analysis 使主权国家享有受益权ṣ印尼发行uk:挑战与分析
IF 1.5 Q1 LAW Pub Date : 2023-08-14 DOI: 10.1108/ijlma-12-2022-0270
Rio Erismen Armen, Engku Rabiah Adawiyah Engku Ali, G. Dewi
PurposeThis study aims to investigate beneficial right as a new legal concept and term accepted by the Indonesian legal system. The new concept was ratified to endorse government decision to use ṣukūk (as an Islamic financial instrument) in the financing of state budget deficit. Some legal issues emerged after the ratification such as the necessity to synchronize the beneficial right with other property rights in Indonesia and the disharmony between laws related to sovereign ṣukūk issuance.Design/methodology/approachThe study uses a qualitative method with library study and interviews with relevant legal experts in Indonesia as the data collection techniques.FindingsThe findings show that the passage of Sovereign Ṣukūk Law 2008 that ratified beneficial right deemed as a concession point by the government to solve conflicts between legal restriction and employment of state-owned assets as the underlying asset of sovereign ṣukūk. The study deemed the necessity to improve the use of beneficial right in the Indonesian legal system which by the concept is not exercised for the issuance of sovereign ṣukūk only. There is the need to harmonize the administration of this right with other property rights in Indonesia.Research limitations/implicationsThe scope of study will be limited to the Indonesian regulation related to the use of beneficial right concept in the issuance of sovereign ṣukūk in Indonesia. The regulation as mentioned will be in the form of statutes, presidential or ministerial regulations, and also opinions of Indonesian legal and sharīʿah scholars regarding the matter.Originality/valueThis study may explore significantly the use of beneficial right for the issuance of sovereign ṣukūk by the Government of Indonesia. Specifically, the study reveals and addresses the issues that are following the ratification of beneficial rights originated from the common law system into the Indonesian civil law system.
目的本研究旨在探讨受益权作为印度尼西亚法律体系所接受的一个新的法律概念和术语。新概念得到批准,以支持政府决定使用ṣuk(作为一种伊斯兰金融工具)为国家预算赤字融资。批准后出现了一些法律问题,如有必要将受益权与印度尼西亚的其他财产权同步,以及与主权有关的法律之间的不协调ṣ英国发行。设计/方法论/方法本研究采用定性方法,包括图书馆研究和对印度尼西亚相关法律专家的访谈作为数据收集技术。调查结果表明Ṣ2008年英国法律,批准了被政府视为让步点的受益权,以解决法律限制与将国有资产用作主权基础资产之间的冲突ṣ英国。该研究认为,有必要改进印度尼西亚法律体系中受益权的使用,从概念上讲,这并不是为了发行主权债券而行使的ṣ仅限英国。有必要将这一权利的管理与印度尼西亚的其他财产权相协调。研究限制/含义研究范围将仅限于与在主权发行中使用受益权概念有关的印度尼西亚法规ṣ在印度尼西亚的ukāk。上述条例将以法规、总统或部长条例的形式,以及印尼法律和伊斯兰教法学者对此事的意见。独创性/价值本研究可能会对使用受益权发行主权债券进行重大探索ṣ印度尼西亚政府。具体而言,该研究揭示并解决了从普通法体系到印度尼西亚民法体系的受益权批准后的问题。
{"title":"Enabling beneficial right for sovereign ṣukūk issuance in Indonesia: challenges and analysis","authors":"Rio Erismen Armen, Engku Rabiah Adawiyah Engku Ali, G. Dewi","doi":"10.1108/ijlma-12-2022-0270","DOIUrl":"https://doi.org/10.1108/ijlma-12-2022-0270","url":null,"abstract":"\u0000Purpose\u0000This study aims to investigate beneficial right as a new legal concept and term accepted by the Indonesian legal system. The new concept was ratified to endorse government decision to use ṣukūk (as an Islamic financial instrument) in the financing of state budget deficit. Some legal issues emerged after the ratification such as the necessity to synchronize the beneficial right with other property rights in Indonesia and the disharmony between laws related to sovereign ṣukūk issuance.\u0000\u0000\u0000Design/methodology/approach\u0000The study uses a qualitative method with library study and interviews with relevant legal experts in Indonesia as the data collection techniques.\u0000\u0000\u0000Findings\u0000The findings show that the passage of Sovereign Ṣukūk Law 2008 that ratified beneficial right deemed as a concession point by the government to solve conflicts between legal restriction and employment of state-owned assets as the underlying asset of sovereign ṣukūk. The study deemed the necessity to improve the use of beneficial right in the Indonesian legal system which by the concept is not exercised for the issuance of sovereign ṣukūk only. There is the need to harmonize the administration of this right with other property rights in Indonesia.\u0000\u0000\u0000Research limitations/implications\u0000The scope of study will be limited to the Indonesian regulation related to the use of beneficial right concept in the issuance of sovereign ṣukūk in Indonesia. The regulation as mentioned will be in the form of statutes, presidential or ministerial regulations, and also opinions of Indonesian legal and sharīʿah scholars regarding the matter.\u0000\u0000\u0000Originality/value\u0000This study may explore significantly the use of beneficial right for the issuance of sovereign ṣukūk by the Government of Indonesia. Specifically, the study reveals and addresses the issues that are following the ratification of beneficial rights originated from the common law system into the Indonesian civil law system.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":"1 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2023-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41625746","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
ESG and financial variables: a systematic review ESG与财务变量:系统综述
IF 1.5 Q1 LAW Pub Date : 2023-08-08 DOI: 10.1108/ijlma-02-2023-0033
Mohit Saini, Vaibhav Aggarwal, Barkha Dhingra, Pankaj Kumar, Mahender Yadav
PurposeThe growing trend in environmental, social and governance (ESG) research, along with its relevance to the financial performance of firms, has gained a lot of attraction in academia and industry. This study aims to fill the existing gap in the literature by conducting a thorough systematic review with the latest research articles in this area.Design/methodology/approachThis study adopted a blend of systematic literature review and bibliometric techniques. A proper search string was used to retrieve the data from the Scopus database. The final dataset comprises 296 documents used for science mapping, and the review was done of 60 articles finalised after further refining the documents.FindingsThe results of this study indicate that stakeholder, legitimacy and signalling theories are the foundation for ESG and financial performance. Social firms have a lower capital cost because of their low-risk potential. Moreover, this study provides the knowledge structure by framing four clusters, “CSR/ESG determinants and firm performance”, “Moderators and Mediators”, “Investors’ perception” and “CSR in the tourism sector”.Originality/valueThis study has reviewed the literature with both tools, that is, qualitative (systematic review) and quantitative (bibliometric). Moreover, this study presents the latest synthesis of the literature.
目的环境、社会和治理(ESG)研究的日益增长的趋势,以及它与企业财务业绩的相关性,在学术界和工业界获得了很大的吸引力。本研究旨在通过对该领域的最新研究文章进行全面系统的综述,填补文献中存在的空白。设计/方法/方法本研究采用了系统的文献综述和文献计量技术相结合的方法。已使用适当的搜索字符串从Scopus数据库中检索数据。最终数据集包括296份用于科学制图的文件,对进一步完善文件后最终确定的60篇文章进行了审查。研究结果表明,利益相关者、合法性和信号理论是ESG和财务绩效的基础。社会企业的资本成本较低,因为它们的潜在风险较低。此外,本研究通过构建“CSR/ESG决定因素和企业绩效”、“调节者和中介者”、“投资者感知”和“旅游业企业社会责任”四个集群来提供知识结构。原创性/价值本研究使用定性(系统综述)和定量(文献计量)两种工具对文献进行了综述。此外,本研究提供了最新的文献综述。
{"title":"ESG and financial variables: a systematic review","authors":"Mohit Saini, Vaibhav Aggarwal, Barkha Dhingra, Pankaj Kumar, Mahender Yadav","doi":"10.1108/ijlma-02-2023-0033","DOIUrl":"https://doi.org/10.1108/ijlma-02-2023-0033","url":null,"abstract":"\u0000Purpose\u0000The growing trend in environmental, social and governance (ESG) research, along with its relevance to the financial performance of firms, has gained a lot of attraction in academia and industry. This study aims to fill the existing gap in the literature by conducting a thorough systematic review with the latest research articles in this area.\u0000\u0000\u0000Design/methodology/approach\u0000This study adopted a blend of systematic literature review and bibliometric techniques. A proper search string was used to retrieve the data from the Scopus database. The final dataset comprises 296 documents used for science mapping, and the review was done of 60 articles finalised after further refining the documents.\u0000\u0000\u0000Findings\u0000The results of this study indicate that stakeholder, legitimacy and signalling theories are the foundation for ESG and financial performance. Social firms have a lower capital cost because of their low-risk potential. Moreover, this study provides the knowledge structure by framing four clusters, “CSR/ESG determinants and firm performance”, “Moderators and Mediators”, “Investors’ perception” and “CSR in the tourism sector”.\u0000\u0000\u0000Originality/value\u0000This study has reviewed the literature with both tools, that is, qualitative (systematic review) and quantitative (bibliometric). Moreover, this study presents the latest synthesis of the literature.\u0000","PeriodicalId":46125,"journal":{"name":"International Journal of Law and Management","volume":" ","pages":""},"PeriodicalIF":1.5,"publicationDate":"2023-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42897935","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: 2
期刊
International Journal of Law and Management
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