首页 > 最新文献

Asian Journal of Business and Accounting最新文献

英文 中文
Age Segmentation for Predicting Behavioural Intention of Using Railway Services in Indonesia 预测印尼铁路服务使用行为意向的年龄分割
IF 0.9 Q4 BUSINESS, FINANCE Pub Date : 2018-06-28 DOI: 10.22452/ajba.vol11no1.8
Savira Miranti Ansory, Anya Safira
Manuscript type: Research paper. Research aims: This study aims to examine the predictors of passengers’ behavioural intention in using railway services. It also attempts to identify whether these predictors differ among consumers of different age groups. Design/ Methodology/ Approach: A  survey  is  conducted  to  collect data from the passengers using the KA Commuter Line  (KRL) Jabodetabek. The  213  respondents  are  divided  into  two  age segmentations comprising young and old. Data are analysed separately. The proposed model is tested quantitatively through multiple regression analysis and the independent sample t-test. Research findings: The results show that  different  age  groups  have different evaluations and they use different determinants for gauging the railway services. Perceived value emerges as an impor- tant determinant of customer satisfaction among the younger age group whereas service quality  is  the  determinant  for  the  older  age group. Both groups, however, consider corporate image and customer satisfaction as determinants of behavioural intention. Theoretical contributions/ Originality: This paper contributes to existing research on public transportation from a marketing pers- pective. It extends on previous works by adopting age segmentation to examine passengers’ perception, evaluation and behavioural intention of using the railway services in Jakarta. Practitioner/ Policy implications: The findings of this study suggest that the Indonesian Railway Company should take age segmentation as a meaningful and useful social categorisation. It should not treat the entire population of passengers to be the same. Different age groups have different responsiveness and expectations of the railway services thus, the Indonesian Railway Company needs to put in more efforts in maintaining and improving its corporate image so as to encourage more people to use its services thereby reducing traffic congestion in Jakarta. Research limitation: This study is limited by its sample size. Therefore, it is not possible to perform structural equation modelling (SEM). Keywords: Behavioural Intention, Railway Services, Age Segmenta- tion, Customer Satisfaction, Corporate Image. JEL Classification: M3
手稿类型:研究论文。研究目的:本研究旨在检验乘客使用铁路服务的行为意向的预测因素。它还试图确定这些预测因素在不同年龄组的消费者中是否不同。设计/方法/方法:进行了一项调查,以收集使用KA通勤线(KRL)Jabodetabek的乘客的数据。213名受访者分为两个年龄段,包括年轻人和老年人。数据分别进行分析。通过多元回归分析和独立样本t检验对所提出的模型进行了定量检验。研究结果:研究结果表明,不同年龄组对铁路服务的评价不同,他们使用不同的决定因素来衡量铁路服务。在年轻群体中,感知价值是客户满意度的重要决定因素,而在老年群体中,服务质量是决定因素。然而,这两组人都认为企业形象和客户满意度是行为意向的决定因素。理论贡献/原创性:本文从营销角度对现有的公共交通研究做出了贡献。它扩展了以前的工作,采用年龄分割来检查乘客对使用雅加达铁路服务的感知、评估和行为意图。从业者/政策含义:这项研究的结果表明,印尼铁路公司应该将年龄划分作为一种有意义和有用的社会分类。它不应该把全体乘客一视同仁。不同年龄段对铁路服务的反应和期望不同,因此,印尼铁路公司需要加大力度维护和改善其企业形象,以鼓励更多人使用其服务,从而减少雅加达的交通拥堵。研究局限性:本研究受样本量限制。因此,不可能进行结构方程建模(SEM)。关键词:行为意向,铁路服务,年龄段,客户满意度,企业形象。JEL分类:M3
{"title":"Age Segmentation for Predicting Behavioural Intention of Using Railway Services in Indonesia","authors":"Savira Miranti Ansory, Anya Safira","doi":"10.22452/ajba.vol11no1.8","DOIUrl":"https://doi.org/10.22452/ajba.vol11no1.8","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to examine the predictors of passengers’ behavioural intention in using railway services. It also attempts to identify whether these predictors differ among consumers of different age groups. \u0000Design/ Methodology/ Approach: A  survey  is  conducted  to  collect data from the passengers using the KA Commuter Line  (KRL) Jabodetabek. The  213  respondents  are  divided  into  two  age segmentations comprising young and old. Data are analysed separately. The proposed model is tested quantitatively through multiple regression analysis and the independent sample t-test. \u0000Research findings: The results show that  different  age  groups  have different evaluations and they use different determinants for gauging the railway services. Perceived value emerges as an impor- tant determinant of customer satisfaction among the younger age group whereas service quality  is  the  determinant  for  the  older  age group. Both groups, however, consider corporate image and customer satisfaction as determinants of behavioural intention. \u0000Theoretical contributions/ Originality: This paper contributes to existing research on public transportation from a marketing pers- pective. It extends on previous works by adopting age segmentation to examine passengers’ perception, evaluation and behavioural intention of using the railway services in Jakarta. \u0000Practitioner/ Policy implications: The findings of this study suggest that the Indonesian Railway Company should take age segmentation as a meaningful and useful social categorisation. It should not treat the entire population of passengers to be the same. Different age groups have different responsiveness and expectations of the railway services thus, the Indonesian Railway Company needs to put in more efforts in maintaining and improving its corporate image so as to encourage more people to use its services thereby reducing traffic congestion in Jakarta. \u0000Research limitation: This study is limited by its sample size. Therefore, it is not possible to perform structural equation modelling (SEM). \u0000Keywords: Behavioural Intention, Railway Services, Age Segmenta- tion, Customer Satisfaction, Corporate Image. \u0000JEL Classification: M3","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41767070","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: 3
Corporate Ownership, Internet Penetration and Internet Financial Reporting: Evidence from the Gulf Cooperation Council Countries 公司所有权、互联网普及率与互联网财务报告:来自海湾合作委员会国家的证据
IF 0.9 Q4 BUSINESS, FINANCE Pub Date : 2018-06-28 DOI: 10.22452/ajba.vol11no1.7
A. Ariff, Bin Hasan, H. A. Hashim
Manuscript type: Research paper. Research aims: This study aims to examine how the individual  effect of  company-level  ownership  structure  and  the  joint-effect  of company-level ownership structure with country-level Internet penetration, can impact on Internet Financial Reporting (IFR). Design/ Methodology/ Approach: An index consisting of 35 IFR items was used to collect information from 152 listed financial com- panies from the Gulf Cooperation Council (GCC) countries. These companies were from Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Data were analysed using regression analysis. Research findings: The findings imply that companies with high government and family ownerships have lower extent of IFR. High quality IFR is evident in companies located in countries with a strong Internet penetration. However, the association between corporate ownership structure and IFR is not influenced by the country’s Internet penetration. Theoretical contributions/ Originality: Our study is the first cross- country comparative analysis that utilises data from the GCC coun- tries to explore the determinants of the IFR. This study incorporates company-level governance and country-level institutional factors which are relevant and unique in the context of the GCC to add to the existing evidence that had mainly concentrated on a single-country setting or the developed market. Practitioner/ Policy implications: The  findings  of  this  study, which are related to the negative impact of government and family ownership on IFR can be attributed to the regulators in the GCC countries. It is recommended that the GCC improve its enforcement of legal protection for shareholders so as to protect the minority shareholders’ interests. Research limitation: Future cross-country analysis on IFR can focus on other emerging markets that differ from the GCC. In addition, these studies can consider other relevant company-level governance aspects such as managerial ownership and country-level institutional factors such as cyber security risks as variables.   Keywords: Ownership, Internet Penetration, Gulf Cooperation Council. JEL Classification: G11, G02, C91
稿件类型:研究论文。研究目的:本研究旨在考察公司级股权结构的个体效应以及公司级股权结构与国家级互联网普及率的联合效应如何影响互联网财务报告(IFR)。设计/方法/方法:采用一个由35个IFR项目组成的指数来收集来自海湾合作委员会(GCC)国家的152家上市金融公司的信息。这些公司分别来自巴林、阿曼、卡塔尔、沙特阿拉伯和阿拉伯联合酋长国。数据采用回归分析。研究发现:研究结果表明,政府持股和家族持股比例较高的企业IFR程度较低。高质量的财务报告在位于互联网普及率高的国家的公司中是显而易见的。然而,公司所有权结构与IFR之间的关系不受国家互联网普及率的影响。理论贡献/独创性:我们的研究是第一个利用海湾合作委员会国家数据的跨国比较分析,试图探索IFR的决定因素。本研究纳入了公司一级的治理和国家一级的制度因素,这些因素在海湾合作委员会的背景下是相关的和独特的,以补充主要集中在单一国家环境或发达市场的现有证据。从业者/政策影响:本研究的结果与政府和家族所有权对IFR的负面影响有关,可归因于海湾合作委员会国家的监管机构。建议海合会加强对股东的法律保护,以保护中小股东的利益。研究局限:未来对IFR的跨国分析可以集中在与海湾合作委员会不同的其他新兴市场。此外,这些研究可以考虑其他相关的公司层面的治理方面,如管理层所有权和国家层面的制度因素,如网络安全风险作为变量。关键词:所有权,互联网普及率,海湾合作委员会。JEL分类:G11, G02, C91
{"title":"Corporate Ownership, Internet Penetration and Internet Financial Reporting: Evidence from the Gulf Cooperation Council Countries","authors":"A. Ariff, Bin Hasan, H. A. Hashim","doi":"10.22452/ajba.vol11no1.7","DOIUrl":"https://doi.org/10.22452/ajba.vol11no1.7","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to examine how the individual  effect of  company-level  ownership  structure  and  the  joint-effect  of company-level ownership structure with country-level Internet penetration, can impact on Internet Financial Reporting (IFR). \u0000Design/ Methodology/ Approach: An index consisting of 35 IFR items was used to collect information from 152 listed financial com- panies from the Gulf Cooperation Council (GCC) countries. These companies were from Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Data were analysed using regression analysis. Research findings: The findings imply that companies with high government and family ownerships have lower extent of IFR. High quality IFR is evident in companies located in countries with a strong Internet penetration. However, the association between corporate ownership structure and IFR is not influenced by the country’s Internet penetration. \u0000Theoretical contributions/ Originality: Our study is the first cross- country comparative analysis that utilises data from the GCC coun- tries to explore the determinants of the IFR. This study incorporates company-level governance and country-level institutional factors which are relevant and unique in the context of the GCC to add to the existing evidence that had mainly concentrated on a single-country setting or the developed market. \u0000Practitioner/ Policy implications: The  findings  of  this  study, which are related to the negative impact of government and family ownership on IFR can be attributed to the regulators in the GCC countries. It is recommended that the GCC improve its enforcement of legal protection for shareholders so as to protect the minority shareholders’ interests. \u0000Research limitation: Future cross-country analysis on IFR can focus on other emerging markets that differ from the GCC. In addition, these studies can consider other relevant company-level governance aspects such as managerial ownership and country-level institutional factors such as cyber security risks as variables. \u0000  \u0000Keywords: Ownership, Internet Penetration, Gulf Cooperation Council. \u0000JEL Classification: G11, G02, C91","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48873903","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: 13
Contingent Factors Affecting the Financial Performance of Manufacturing Companies: The Case of East Java, Indonesia 影响制造企业财务绩效的或有因素——以印度尼西亚东爪哇为例
IF 0.9 Q4 BUSINESS, FINANCE Pub Date : 2018-06-28 DOI: 10.22452/AJBA.VOL11NO1.5
H. Hariyati, B. Tjahjadi
Manuscript type: Research paper. Research aims: This study aims to examine how contextual variables which include innovation strategy, management accounting infor- mation system and internal business process performance affect the financial performance of manufacturing companies in East Java, Indonesia. Design/ Methodology/ Approach: This study employs a quantitative approach to explain the relationship among the variables. The data of 135 managers were collected and then analysed through the partial least squares (PLS) approach. Research findings: Results show that management accounting infor- mation system and business process performance partially mediate the innovation strategy-financial performance relationship. Theoretical contributions/ Originality: This study expands on pre- vious works by investigating the roles of management accounting information system and internal business process performance as mediating variables between innovation strategy and firm’s financial performance. Practitioner/ Policy implications: This study provides insights into how management accounting information system and internal busi- ness process performance impact innovation strategy and financial performance. The results imply that managers need to improve the design and implementation of their accounting system and their internal business process performance. This initiative can support the firm’s innovation strategy which impacts on the firm’s financial performance. The implications drawn from this study justify two things: (1) firms need to be more proactive in their product and process innovations so as to remain competitive in the global  market; and (2) managers need to develop intangible assets such as a management accounting information system in the era of knowledge economy. Research limitation: This study focusses on the manufacturing companies of the East Java Province of Indonesia therefore, general- isability of the findings may be restricted. Future studies need to incorporate larger and more diverse samples. This study did not consider the companies’ business life cycle hence, the full impact of the firms’ financial performance may not have been captured.   Keywords: Financial Performance, Innovation Strategy, Internal Business Process Performance, Management Accounting Information System. JEL Classification: M41
手稿类型:研究论文。研究目的:本研究旨在考察创新战略、管理会计信息系统和内部业务流程绩效等情境变量如何影响印度尼西亚东爪哇制造业公司的财务绩效。设计/方法/方法:本研究采用定量方法来解释变量之间的关系。收集了135名管理人员的数据,然后通过偏最小二乘法进行分析。研究发现:结果表明,管理会计信息系统和业务流程绩效在一定程度上中介了创新战略与财务绩效的关系。理论贡献/原创性:本研究通过调查管理会计信息系统和内部业务流程绩效作为创新战略和企业财务绩效之间的中介变量的作用,扩展了先前的工作。从业者/政策含义:本研究深入了解了管理会计信息系统和内部业务流程绩效如何影响创新战略和财务绩效。研究结果表明,管理者需要改进其会计系统的设计和实施以及内部业务流程绩效。这一举措可以支持公司的创新战略,从而影响公司的财务业绩。这项研究得出的启示证明了两件事:(1)企业需要在产品和工艺创新方面更加积极主动,以便在全球市场上保持竞争力;(2)知识经济时代,管理者需要开发管理会计信息系统等无形资产。研究局限性:本研究侧重于印度尼西亚东爪哇省的制造公司,因此,研究结果的普遍适用性可能受到限制。未来的研究需要纳入更大、更多样的样本。这项研究没有考虑公司的业务生命周期,因此,可能没有捕捉到公司财务业绩的全部影响。关键词:财务绩效,创新战略,内部业务流程绩效,管理会计信息系统。JEL分类:M41
{"title":"Contingent Factors Affecting the Financial Performance of Manufacturing Companies: The Case of East Java, Indonesia","authors":"H. Hariyati, B. Tjahjadi","doi":"10.22452/AJBA.VOL11NO1.5","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.5","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to examine how contextual variables which include innovation strategy, management accounting infor- mation system and internal business process performance affect the financial performance of manufacturing companies in East Java, Indonesia. \u0000Design/ Methodology/ Approach: This study employs a quantitative approach to explain the relationship among the variables. The data of 135 managers were collected and then analysed through the partial least squares (PLS) approach. \u0000Research findings: Results show that management accounting infor- mation system and business process performance partially mediate the innovation strategy-financial performance relationship. \u0000Theoretical contributions/ Originality: This study expands on pre- vious works by investigating the roles of management accounting information system and internal business process performance as mediating variables between innovation strategy and firm’s financial performance. \u0000Practitioner/ Policy implications: This study provides insights into how management accounting information system and internal busi- ness process performance impact innovation strategy and financial performance. The results imply that managers need to improve the design and implementation of their accounting system and their internal business process performance. This initiative can support the firm’s innovation strategy which impacts on the firm’s financial performance. The implications drawn from this study justify two things: (1) firms need to be more proactive in their product and process innovations so as to remain competitive in the global  market; and (2) managers need to develop intangible assets such as a management accounting information system in the era of knowledge economy. \u0000Research limitation: This study focusses on the manufacturing companies of the East Java Province of Indonesia therefore, general- isability of the findings may be restricted. Future studies need to incorporate larger and more diverse samples. This study did not consider the companies’ business life cycle hence, the full impact of the firms’ financial performance may not have been captured. \u0000  \u0000Keywords: Financial Performance, Innovation Strategy, Internal Business Process Performance, Management Accounting Information System. \u0000JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49576080","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: 8
Antecedents of Consumer Attitude towards Blogger Recommendations and its Impact on Purchase Intention 消费者对博客推荐态度的前因及其对购买意愿的影响
IF 0.9 Q4 BUSINESS, FINANCE Pub Date : 2018-06-28 DOI: 10.22452/AJBA.VOL11NO1.10
Grace Phang Ing, Ting Ming
Manuscript type: Research paper. Research aims: This study aims to fill in the literature gap by examining the relationship between various antecedent factors affecting consumer attitude towards blogger recommendations and their purchase intention. Design/ Methodology/ Approach: A total of 384 questionnaires were collected and analysed using the partial least squares (PLS) approach. Research findings: The results highlight the relationships existing between consumer attitude and the antecedent factors namely, perceived usefulness, trustworthiness, information quality and perceived benefits. The study also confirms the mediation role of consumer attitude towards blogger recommendations. Most impor- tantly, consumer attitude towards blogger recommendations is found to have significant influence on consumer purchase intention. Theoretical contributions/ Originality: This study provides a comprehensive empirical examination of the antecedent factors that contribute to consumer attitude towards blogger recommendations, previously examined by  different  researchers  in  separate  studies. It is found that trustworthiness is the main factor contributing to consumer attitude towards blogger recommendations, followed by information quality, perceived usefulness and perceived benefits. Attitude towards blogger recommendations is found to have a strong impact on purchase intention; it also serves as a mediator between the antecedent factors and purchase intention. Practitioner/ Policy implications: This study provides useful evi- dence which support the influential power of blogs as a type of effective integrated marketing tool. The findings also recommend some evaluation criteria for choosing and evaluating the effectiveness of blogger recommendations that influence consumer attitude and purchase intention. Overall, blogger recommendations have to be perceived as useful, trustworthy and carry good quality information before consumers can be influenced. Research limitation: This study is constrained by limitations such   as blog types and variables. Future research could be extended to include more diverse blog types, more contributing variables on attitude and a bigger geographical coverage.   Keywords: Blogger Recommendations, Consumer Attitudes, Infor- mation Quality, Purchase Intention, Trustworthiness. JEL Classification: M31
手稿类型:研究论文。研究目的:本研究旨在通过考察影响消费者对博主推荐态度的各种先行因素与购买意愿之间的关系来填补文献空白。设计/方法/方法:共收集384份问卷,并使用偏最小二乘法进行分析。研究结果:研究结果强调了消费者态度与感知有用性、可信度、信息质量和感知利益等先行因素之间的关系。该研究还证实了消费者对博客推荐的态度的中介作用。最重要的是,消费者对博客推荐的态度对消费者的购买意愿有显著影响。理论贡献/独创性:这项研究对影响消费者对博主推荐态度的先行因素进行了全面的实证检验,之前不同的研究人员在单独的研究中对此进行了检验。研究发现,可信度是影响消费者对博客推荐态度的主要因素,其次是信息质量、感知有用性和感知收益。研究发现,对博主推荐的态度对购买意愿有很大影响;它还充当了先行因素与购买意愿之间的中介。从业者/政策含义:这项研究提供了有用的证据,支持博客作为一种有效的综合营销工具的影响力。研究结果还提出了一些评估标准,用于选择和评估影响消费者态度和购买意愿的博主推荐的有效性。总的来说,在消费者受到影响之前,博客推荐必须被认为是有用的、值得信赖的,并包含高质量的信息。研究局限性:这项研究受到博客类型和变量等限制。未来的研究可以扩展到包括更多样的博客类型、更多的态度变量和更大的地理覆盖范围。关键词:博客推荐,消费者态度,信息质量,购买意愿,可信度。JEL分类:M31
{"title":"Antecedents of Consumer Attitude towards Blogger Recommendations and its Impact on Purchase Intention","authors":"Grace Phang Ing, Ting Ming","doi":"10.22452/AJBA.VOL11NO1.10","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.10","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to fill in the literature gap by examining the relationship between various antecedent factors affecting consumer attitude towards blogger recommendations and their purchase intention. \u0000Design/ Methodology/ Approach: A total of 384 questionnaires were collected and analysed using the partial least squares (PLS) approach. Research findings: The results highlight the relationships existing between consumer attitude and the antecedent factors namely, perceived usefulness, trustworthiness, information quality and perceived benefits. The study also confirms the mediation role of consumer attitude towards blogger recommendations. Most impor- tantly, consumer attitude towards blogger recommendations is found to have significant influence on consumer purchase intention. \u0000Theoretical contributions/ Originality: This study provides a comprehensive empirical examination of the antecedent factors that contribute to consumer attitude towards blogger recommendations, previously examined by  different  researchers  in  separate  studies. It is found that trustworthiness is the main factor contributing to consumer attitude towards blogger recommendations, followed by information quality, perceived usefulness and perceived benefits. Attitude towards blogger recommendations is found to have a strong impact on purchase intention; it also serves as a mediator between the antecedent factors and purchase intention. \u0000Practitioner/ Policy implications: This study provides useful evi- dence which support the influential power of blogs as a type of effective integrated marketing tool. The findings also recommend some evaluation criteria for choosing and evaluating the effectiveness of blogger recommendations that influence consumer attitude and purchase intention. Overall, blogger recommendations have to be perceived as useful, trustworthy and carry good quality information before consumers can be influenced. \u0000Research limitation: This study is constrained by limitations such   as blog types and variables. Future research could be extended to include more diverse blog types, more contributing variables on attitude and a bigger geographical coverage. \u0000  \u0000Keywords: Blogger Recommendations, Consumer Attitudes, Infor- mation Quality, Purchase Intention, Trustworthiness. \u0000JEL Classification: M31","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49254626","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: 24
National Differences in Capital Budgeting Systems: A Comparison between Indonesian and Australian Firms 资本预算制度的国家差异:印尼和澳大利亚企业的比较
IF 0.9 Q4 BUSINESS, FINANCE Pub Date : 2018-06-27 DOI: 10.22452/AJBA.VOL11NO1.2
P. Graham, Suneeta Sathye
Manuscript type: Research paper. Research aims: This study examines the impact of cross-cultural differences on capital budgeting systems. Design/ Methodology/ Approach: Drawing on the contingency theory, 67 non-financial firms listed in Indonesia and Australia were analysed on a comprehensive range of capital budgeting systems. Research findings: The findings support our predictions that relative to Australian firms, the Indonesian firms were found to emphasise more on sophisticated capital budgeting systems (e.g. real options). The results seem to be driven by Indonesia’s higher level of perceived environmental uncertainty coupled with Sharia governance rules that aim to mitigate risky transactions. This study also provides evidence to show that the emphasis on sophisticated capital budgeting systems was driven by firm size and finance managers’ level of education attainment. Theoretical contributions/ Originality: Prior research has docu- mented an incomplete picture of the link between national culture and capital budgeting systems. This is attributed to the lack of the development of contextual foundations for looking at cross-cultural differences followed by the narrow range of capital budgeting systems being considered in research. Practitioner/ Policy implications: The findings of this study reflect the  capital  budgeting  practices  of  Indonesia  and  Australia.  The findings are important for practitioners who wish to evaluate project investments in these two countries. Research limitation: Future research should consider looking into how Sharia impacts the use of capital budgeting systems and the performance effects of using different approaches. Keywords: Capital Budgeting Systems, National Culture, Indonesia, Australia, Environmental Uncertainty JEL Classification: M41
稿件类型:研究论文。研究目的:本研究探讨跨文化差异对资本预算制度的影响。设计/方法/途径:借鉴权变理论,对67家在印度尼西亚和澳大利亚上市的非金融公司进行了全面的资本预算系统分析。研究发现:研究结果支持我们的预测,即相对于澳大利亚公司,印度尼西亚公司被发现更强调复杂的资本预算系统(如实物期权)。这一结果似乎是由印尼较高的环境不确定性以及旨在减轻风险交易的伊斯兰教治理规则所推动的。本研究还提供证据表明,对复杂资本预算系统的重视是由公司规模和财务经理的教育程度驱动的。理论贡献/独创性:先前的研究对国家文化和资本预算制度之间的联系记录了一个不完整的图景。这是由于缺乏研究跨文化差异的背景基础,其次是研究中考虑的资本预算系统范围狭窄。从业者/政策影响:本研究的结果反映了印度尼西亚和澳大利亚的资本预算实践。这些发现对于希望评估这两个国家项目投资的从业者来说是重要的。研究局限:未来的研究应该考虑研究伊斯兰教法如何影响资本预算系统的使用以及使用不同方法的绩效影响。关键词:资本预算制度,民族文化,印度尼西亚,澳大利亚,环境不确定性JEL分类:M41
{"title":"National Differences in Capital Budgeting Systems: A Comparison between Indonesian and Australian Firms","authors":"P. Graham, Suneeta Sathye","doi":"10.22452/AJBA.VOL11NO1.2","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.2","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study examines the impact of cross-cultural differences on capital budgeting systems. \u0000Design/ Methodology/ Approach: Drawing on the contingency theory, 67 non-financial firms listed in Indonesia and Australia were analysed on a comprehensive range of capital budgeting systems. \u0000Research findings: The findings support our predictions that relative to Australian firms, the Indonesian firms were found to emphasise more on sophisticated capital budgeting systems (e.g. real options). The results seem to be driven by Indonesia’s higher level of perceived environmental uncertainty coupled with Sharia governance rules that aim to mitigate risky transactions. This study also provides evidence to show that the emphasis on sophisticated capital budgeting systems was driven by firm size and finance managers’ level of education attainment. \u0000Theoretical contributions/ Originality: Prior research has docu- mented an incomplete picture of the link between national culture and capital budgeting systems. This is attributed to the lack of the development of contextual foundations for looking at cross-cultural differences followed by the narrow range of capital budgeting systems being considered in research. \u0000Practitioner/ Policy implications: The findings of this study reflect the  capital  budgeting  practices  of  Indonesia  and  Australia.  The findings are important for practitioners who wish to evaluate project investments in these two countries. \u0000Research limitation: Future research should consider looking into how Sharia impacts the use of capital budgeting systems and the performance effects of using different approaches. \u0000Keywords: Capital Budgeting Systems, National Culture, Indonesia, Australia, Environmental Uncertainty \u0000JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":"1 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41704887","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: 5
The Impact of Institutional Distance on the Choice of Multinational Enterprise’s Entry Mode: Theory and Empirical Evidence from Vietnam 制度距离对跨国企业进入模式选择的影响:来自越南的理论与经验证据
IF 0.9 Q4 BUSINESS, FINANCE Pub Date : 2018-06-27 DOI: 10.22452/AJBA.VOL11NO1.3
Vo van Dut, Yusaf H. Akbar, N. H. Dang, Nguyen Kim Hanh
Manuscript type: Research paper. Research aims: This study aims to investigate the impact of insti- tutional distance between home and host countries on the choice of multinational enterprise’s (MNE) entry mode into Vietnam. Design/ Methodology/ Approach: Transaction cost theory was adopted to develop the hypotheses. The data of 82 MNE subsidiaries located in Vietnam were extracted from the World Bank Enterprise Survey. Probit regression was employed to estimate the impact of the institutional distance between home and host countries on the choice of the MNE’s entry mode. Research findings: The empirical results support the hypotheses, revealing that MNEs are more likely to enter Vietnam via acquisition investment rather than greenfield investment. This happens when both the formal and informal institutional distance between Vietnam and the home countries is large. Findings also suggest that the institutional distance between a host country with a transition economy and the home countries is an important element to take into account when MNEs decide to invest in a transition economy that contains high level uncertainties. Theoretical contributions/ Originality: The adoption of the trans- action cost theory enables this study to conceptualise the frame- work which is used to empirically test the effect of the institutional distance between Vietnam and home countries on the MNEs’ entry mode decision. This study shows that the transaction cost approach offers insights into how the institutional distance between the host and home countries affect the choice of the MNEs’ entry mode into a transition economy. This study contributes to international business literature by developing theoretical arguments about the role of the national institutional dissimilarities on the choice of the MNEs’ entry mode in a transition economy. Practitioner/ Policy implications: The implication drawn from this study is that MNEs investing through acquired subsidiaries are less burdened by environmental uncertainties since acquired subsidiaries offer more familarity with the  formal  institutions.  This  can  help the MNEs to establish a close relationship with the local partners  and the government. This also increases the MNEs’ cross-cultural communication and knowledge thereby, enhancing the investment. Research limitation: Further research should consider more parent firm characteristics so that implications for the MNEs’ entry strategy are developed. Given the role of the different managers at the different levels, future study should capture the perception of these managers who are based at the headquarters so as to further examine the effect of institutional distance.   Keywords: Formal Institutional Distance, Informal Institutional Distance, Entry Mode, MNE, Subsidiary, Transition Economy. JEL Classification: F23, M16
稿件类型:研究论文。研究目的:本研究旨在探讨母国与东道国之间的制度距离对跨国企业进入越南的模式选择的影响。设计/方法/途径:采用交易成本理论来发展假设。位于越南的82家跨国公司子公司的数据摘自世界银行企业调查。采用Probit回归估计母国和东道国之间的制度距离对跨国公司进入模式选择的影响。研究发现:实证结果支持假设,跨国公司更有可能通过收购投资而不是绿地投资进入越南。当越南和母国之间的正式和非正式制度距离很大时,这种情况就会发生。调查结果还表明,当跨国公司决定投资于具有高度不确定性的转型经济时,转型经济东道国与母国之间的制度距离是需要考虑的一个重要因素。理论贡献/独创性:交易成本理论的采用使本研究能够将框架概念化,该框架用于实证检验越南与母国之间的制度距离对跨国公司进入模式决策的影响。本研究表明,交易成本方法为东道国和母国之间的制度距离如何影响跨国公司进入转型经济的进入模式的选择提供了见解。本研究通过提出关于国家制度差异对跨国公司在转型经济中进入模式选择的作用的理论论点,为国际商业文献做出了贡献。从业者/政策启示:本研究得出的启示是,通过收购子公司进行投资的跨国公司受环境不确定性的负担较小,因为收购子公司更熟悉正式制度。这可以帮助跨国公司与当地合作伙伴和政府建立密切的关系。这也增加了跨国公司的跨文化交流和知识,从而增加了投资。研究局限:进一步的研究应考虑更多的母公司特征,以便对跨国公司的进入战略产生影响。鉴于不同层次的不同管理人员的作用,未来的研究应捕捉总部这些管理人员的看法,以便进一步研究机构距离的影响。关键词:正式制度距离,非正式制度距离,进入模式,跨国公司,子公司,转型经济。JEL分类:F23, M16
{"title":"The Impact of Institutional Distance on the Choice of Multinational Enterprise’s Entry Mode: Theory and Empirical Evidence from Vietnam","authors":"Vo van Dut, Yusaf H. Akbar, N. H. Dang, Nguyen Kim Hanh","doi":"10.22452/AJBA.VOL11NO1.3","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.3","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to investigate the impact of insti- tutional distance between home and host countries on the choice of multinational enterprise’s (MNE) entry mode into Vietnam. \u0000Design/ Methodology/ Approach: Transaction cost theory was adopted to develop the hypotheses. The data of 82 MNE subsidiaries located in Vietnam were extracted from the World Bank Enterprise Survey. Probit regression was employed to estimate the impact of the institutional distance between home and host countries on the choice of the MNE’s entry mode. \u0000Research findings: The empirical results support the hypotheses, revealing that MNEs are more likely to enter Vietnam via acquisition investment rather than greenfield investment. This happens when both the formal and informal institutional distance between Vietnam and the home countries is large. Findings also suggest that the institutional distance between a host country with a transition economy and the home countries is an important element to take into account when MNEs decide to invest in a transition economy that contains high level uncertainties. \u0000Theoretical contributions/ Originality: The adoption of the trans- action cost theory enables this study to conceptualise the frame- work which is used to empirically test the effect of the institutional distance between Vietnam and home countries on the MNEs’ entry mode decision. This study shows that the transaction cost approach offers insights into how the institutional distance between the host and home countries affect the choice of the MNEs’ entry mode into a transition economy. This study contributes to international business literature by developing theoretical arguments about the role of the national institutional dissimilarities on the choice of the MNEs’ entry mode in a transition economy. \u0000Practitioner/ Policy implications: The implication drawn from this study is that MNEs investing through acquired subsidiaries are less burdened by environmental uncertainties since acquired subsidiaries offer more familarity with the  formal  institutions.  This  can  help the MNEs to establish a close relationship with the local partners  and the government. This also increases the MNEs’ cross-cultural communication and knowledge thereby, enhancing the investment. \u0000Research limitation: Further research should consider more parent firm characteristics so that implications for the MNEs’ entry strategy are developed. Given the role of the different managers at the different levels, future study should capture the perception of these managers who are based at the headquarters so as to further examine the effect of institutional distance. \u0000  \u0000Keywords: Formal Institutional Distance, Informal Institutional Distance, Entry Mode, MNE, Subsidiary, Transition Economy. \u0000JEL Classification: F23, M16","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":"11 1","pages":"71-95"},"PeriodicalIF":0.9,"publicationDate":"2018-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42772298","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: 7
Do Shariah-compliant Companies Engage Lesser Earnings Management Behaviour? 遵守伊斯兰教法的公司会减少盈余管理行为吗?
IF 0.9 Q4 BUSINESS, FINANCE Pub Date : 2018-06-27 DOI: 10.22452/AJBA.VOL11NO1.1
Ibrahim Mohd Sabrun, R. Muhamad, Haslinda Yusoff, F. Darus
Manuscript type: Research paper. Research aims: This study aims to understand how reputation, finan- cial distress and financial performance influence Shariah-compliant companies into engaging earnings management behaviour. The financial data of 69 FTSE Bursa Malaysia 100 Index companies, dating 2010 to 2014 (five years), were analysed. Design/ Methodology/ Approach: This study uses the Modified Jones model (Jones, 1991; Dechow, Sloan, & Sweeney, 1996), Roychow- dhury’s model (2006) to examine earnings management behaviour of Shariah-compliant companies. Research findings: The results of this study suggest that company’s reputation, financial distress and financial performance are factors that can influence company’s earnings management behaviour and that Shariah values are ineffective in deterring the management from earnings management behaviour. Theoretical  contribution/  Originality:  The  findings  of  this   study contribute to the literature by showing that Shariah values may not be beneficial in shaping good business management and reporting practices. Practitioner/ Policy implications: The alarming results drawn from this study is a reason for policy setters and relevant accounting bodies to give more emphasis on developing better accounting and reporting policies. Research limitation: This study is limited to non-financial sectors due to measurement limitations.   Keywords: Earnings Management, Financial Distress, Financial Per- formance, Fraud Diamond Theory, Reputation, Shariah-compliant JEL Classification: M41
稿件类型:研究论文。研究目的:本研究旨在了解声誉、财务困境和财务绩效如何影响遵守伊斯兰教法的公司参与盈余管理行为。本文分析了2010年至2014年(5年)69家富时马来西亚100指数公司的财务数据。设计/方法/方法:本研究使用修正的Jones模型(Jones, 1991;Dechow, Sloan, & Sweeney, 1996), Roychow- dhury的模型(2006)检验符合伊斯兰教法的公司的盈余管理行为。研究发现:本研究的结果表明,公司声誉、财务困境和财务绩效是影响公司盈余管理行为的因素,伊斯兰教法价值观对阻止管理层进行盈余管理行为无效。理论贡献/独创性:本研究的发现通过表明伊斯兰教法价值观可能不利于形成良好的企业管理和报告实践,对文献做出了贡献。从业人员/政策影响:从本研究中得出的令人震惊的结果是政策制定者和相关会计机构更加重视制定更好的会计和报告政策的理由。研究局限:由于测量限制,本研究仅限于非金融部门。关键词:盈余管理,财务困境,财务绩效,舞弊钻石理论,声誉,符合伊斯兰教法的JEL分类:M41
{"title":"Do Shariah-compliant Companies Engage Lesser Earnings Management Behaviour?","authors":"Ibrahim Mohd Sabrun, R. Muhamad, Haslinda Yusoff, F. Darus","doi":"10.22452/AJBA.VOL11NO1.1","DOIUrl":"https://doi.org/10.22452/AJBA.VOL11NO1.1","url":null,"abstract":"Manuscript type: Research paper. \u0000Research aims: This study aims to understand how reputation, finan- cial distress and financial performance influence Shariah-compliant companies into engaging earnings management behaviour. The financial data of 69 FTSE Bursa Malaysia 100 Index companies, dating 2010 to 2014 (five years), were analysed. \u0000Design/ Methodology/ Approach: This study uses the Modified Jones model (Jones, 1991; Dechow, Sloan, & Sweeney, 1996), Roychow- dhury’s model (2006) to examine earnings management behaviour of Shariah-compliant companies. \u0000Research findings: The results of this study suggest that company’s reputation, financial distress and financial performance are factors that can influence company’s earnings management behaviour and that Shariah values are ineffective in deterring the management from earnings management behaviour. \u0000Theoretical  contribution/  Originality:  The  findings  of  this   study contribute to the literature by showing that Shariah values may not be beneficial in shaping good business management and reporting practices. \u0000Practitioner/ Policy implications: The alarming results drawn from this study is a reason for policy setters and relevant accounting bodies to give more emphasis on developing better accounting and reporting policies. \u0000Research limitation: This study is limited to non-financial sectors due to measurement limitations. \u0000  \u0000Keywords: Earnings Management, Financial Distress, Financial Per- formance, Fraud Diamond Theory, Reputation, Shariah-compliant JEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.9,"publicationDate":"2018-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41973817","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: 12
期刊
Asian Journal of Business and Accounting
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