Template-Type: ReDIF-Article 1.0 Author-Name: Jagjit S. Saini Author-X-Name-First: Jagjit S. Author-X-Name-Last: Saini Author-Name: Gaurav Kumar Author-X-Name-First: Gaurav Author-X-Name-Last: Kumar Author-Name: Jim P. DeMello Author-X-Name-First: Jim P. Author-X-Name-Last: DeMello Title: Culture and earnings quality in cross-border acquisitions Abstract: This paper examines the effect of culture on earnings quality following cross-border acquisitions using a sample of US public firms acquiring foreign firms. We find that, in general, the earnings quality of the US acquirer declines during the post-acquisition period in a cross-border acquisition of a foreign firm. In addition, we find that the culture of the foreign target impacts the earnings quality of the US acquirer during the post-acquisition period. Using the Hofstede's (1980) cultural dimensions, we specifically find that the degree of individualism and uncertainty avoidance prevalent within the target nation impact the earnings quality of the US acquirer. Journal: Int. J. of Behavioural Accounting and Finance Pages: 189-208 Issue: 3 Volume: 6 Year: 2021 Keywords: culture; earnings quality; individualism; uncertainty avoidance; cross-border acquisitions. File-URL: http://www.inderscience.com/link.php?id=116096 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbeaf:v:6:y:2021:i:3:p:189-208 Template-Type: ReDIF-Article 1.0 Author-Name: Robert W. McGee Author-X-Name-First: Robert W. Author-X-Name-Last: McGee Author-Name: Mohsen Souissi Author-X-Name-First: Mohsen Author-X-Name-Last: Souissi Author-Name: Hani Tadros Author-X-Name-First: Hani Author-X-Name-Last: Tadros Title: Attitudes toward tax evasion: a comparative study of France and Japan Abstract: This study investigates how cultural dimensions such as individualism and uncertainty avoidance account for differences in attitudes toward tax evasion between Japan and France. It also looks into another important moderating factor, namely gender that may explain these differences. Informed by Hofstede's cultural framework (1980), the study consists of a survey built around historical arguments provided in the literature, that were used to explain and justify tax evasion. We collected data by surveying 154 university students from Japan and 61 students from France. An ANOVA was used to test for differences in attitudes toward tax evasion between the two samples. The results of the study are in line with the extant literature. French students, internalising a higher degree of individualism and lower level of uncertainty avoidance, were more opposed to tax evasion than their Japanese counterparts. Moreover, the findings of the study confirm that women are generally more conservative by exhibiting stronger opposition to tax evasion than men in the French sample. Journal: Int. J. of Behavioural Accounting and Finance Pages: 209-224 Issue: 3 Volume: 6 Year: 2021 Keywords: tax evasion; culture; Hofstede; gender; survey; France; Japan. File-URL: http://www.inderscience.com/link.php?id=116124 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbeaf:v:6:y:2021:i:3:p:209-224 Template-Type: ReDIF-Article 1.0 Author-Name: Renuka Sharma Author-X-Name-First: Renuka Author-X-Name-Last: Sharma Title: Impact of behavioural dispositions on risk endurance of individual investors: an application of multiple discriminant analysis Abstract: For the rapid development of an economy, investment of excess funds is essential. But in today's dynamic environment, individual investor's decision-making is influenced by several factors such as behavioural dispositions, where emotions play a crucial role in investing. Further, investment decisions are also influenced by the risk-tolerant behaviour of investors. The present study attempts to know the impact of behavioural biases on the risk endurance level of investors. For the study, a sample of 720 individual investors has been taken from it, 600 investors have responded from the state of Rajasthan. A structured questionnaire has been prepared to include statements of investors' behavioural biases and risk-taking ability. The analysis has been done using the technique of Multiple Discriminant Analysis. It has been concluded that behavioural biases impact the risk-taking capacity, and further investors have been categorised into three groups viz. Risk Intolerant investors, Conservative moderate investors and rational confident investors. Journal: Int. J. of Behavioural Accounting and Finance Pages: 225-242 Issue: 3 Volume: 6 Year: 2021 Keywords: behavioural dispositions; risk-taking ability; individual investors; multiple discriminant analysis; risk intolerant investors; conservative moderate investors; rational confident investors; financial risk tolerance; behavioural biases; behavioural finance. File-URL: http://www.inderscience.com/link.php?id=116156 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbeaf:v:6:y:2021:i:3:p:225-242 Template-Type: ReDIF-Article 1.0 Author-Name: Ashutosh Kolte Author-X-Name-First: Ashutosh Author-X-Name-Last: Kolte Author-Name: Mauro Rossi Author-X-Name-First: Mauro Author-X-Name-Last: Rossi Author-Name: Olimpia Torriero Author-X-Name-First: Olimpia Author-X-Name-Last: Torriero Author-Name: Ameya Patil Author-X-Name-First: Ameya Author-X-Name-Last: Patil Author-Name: Avinash Pawar Author-X-Name-First: Avinash Author-X-Name-Last: Pawar Title: Balance of payment crisis: lessons from Indian payment crisis for developing economies Abstract: India has undergone two major economic crises since its independence, which were connected to the balance of payment (BOP) difficulties of 1991 and 2013. As a result of insufficient foreign exchange reserves for making payments, the crisis in 1991 presented itself because of the BOP difficulties. The nation was then forced to take loans from the IMF to open up the economy to the world. This led to economic changes being adopted through liberalisation, privatisation and globalisation (LPG) policy. The 2013 crisis experienced a major decrease in its currency value. These two crises have had an impact on the economy. This paper aims to study the BOP crisis of 1991 and 2013 and identify major factors responsible for these crises with root causes, and providing suggestions for prevention of future BOP crisis, including fiscal restraint, reduction of excessive imports, diversification of export destinations, abolition of the mechanism of inverted duty and flexible system of exchange rates. Journal: Int. J. of Behavioural Accounting and Finance Pages: 262-279 Issue: 3 Volume: 6 Year: 2021 Keywords: BOP; balance of payment; currency crisis; economic reforms; foreign exchange reserves; financial reforms; globalisation; Gulf crisis; liberalisation; oil shock; privatisation; economic crisis. File-URL: http://www.inderscience.com/link.php?id=116158 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbeaf:v:6:y:2021:i:3:p:262-279 Template-Type: ReDIF-Article 1.0 Author-Name: Kapil Choudhary Author-X-Name-First: Kapil Author-X-Name-Last: Choudhary Author-Name: Smriti Kamboj Author-X-Name-First: Smriti Author-X-Name-Last: Kamboj Author-Name: Sakshi Mehta Author-X-Name-First: Sakshi Author-X-Name-Last: Mehta Title: Financial literacy, investment behaviour and socio-demographic variables: evidence from India Abstract: This paper examines how investment behaviour and financial literacy are interlinked and determine the impact of socio-demographic variables on the financial literacy and investment behaviour. The study uses a questionnaire to measure and understand the level of financial literacy and investment behaviour of 477 respondents in India. The study uses multinomial logistic regression to examine the survey data. The findings show that only one third of the respondents exhibits a higher level of financial literacy. The evidence also shows that financial literacy has a significant positive association with the age and income of the respondents. The results exhibit that nearly half of the respondents appear in the negative investment behaviour category. The evidence suggests that gender, residence, and work situation positively affect the investment behaviour of respondents. Regarding the linkage between financial literacy and investment behaviour, the study documents that the financial attitude- a key component of financial literacy- shows statistically significant negative influence on the investment behaviour. Journal: Int. J. of Behavioural Accounting and Finance Pages: 243-261 Issue: 3 Volume: 6 Year: 2021 Keywords: investment behaviour; financial literacy; socio-demographic factors; financial attitude; logistic regression. File-URL: http://www.inderscience.com/link.php?id=116167 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbeaf:v:6:y:2021:i:3:p:243-261