Template-Type: ReDIF-Article 1.0
Author-Name: Iman S. Youssef
Author-X-Name-First: Iman S.
Author-X-Name-Last: Youssef
Author-Name: Charbel Salloum
Author-X-Name-First: Charbel
Author-X-Name-Last: Salloum
Author-Name: Adel F. Al Alam
Author-X-Name-First: Adel F. Al
Author-X-Name-Last: Alam
Title: Banking dynamics in MENA: a study on profit catalysts
Abstract:
This study aims to investigate the managerial determinants of publicly listed banks' performance in the Middle East and North Africa (MENA) region, specifically focusing on the distinction between oil-exporting and oil-importing countries. The research covers the period from 2011 to 2021 and includes selected countries such as Kuwait, Saudi Arabia, United Arab Emirates (oil-exporting), Egypt, Lebanon, and Morocco (oil-importing). By utilising dynamic panel data estimation techniques, two models are developed with return on assets (ROA) and net interest margin (NIM) as dependent variables. Bank-specific independent variables, including size, liquidity, credit risk, and capital adequacy, are analysed along with macroeconomic variables such as GDP and inflation. Data from Thomson Reuters Data Stream for 97 publicly listed banks in the MENA region are employed, and the pooled least squares (OLS), fixed effects (FEM), and random effects (REM) methods are used for data analysis. The empirical findings reveal significant variations in the relationship between selected variables and banks' profitability, indicating the importance of understanding the determinants of banks' performance for stakeholders and bank executives to make informed decisions.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 13-35
Issue: 1
Volume: 17
Year: 2025
Keywords: performance; credit risk; capital adequacy; banks; Middle East and North Africa; MENA; return on assets; ROA; net interest margin; NIM.
File-URL: http://www.inderscience.com/link.php?id=142939
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:1:p:13-35

Template-Type: ReDIF-Article 1.0
Author-Name: Alexandra Pavloudi
Author-X-Name-First: Alexandra
Author-X-Name-Last: Pavloudi
Author-Name: Maria Tsiouni
Author-X-Name-First: Maria
Author-X-Name-Last: Tsiouni
Author-Name: Georgios Kountios
Author-X-Name-First: Georgios
Author-X-Name-Last: Kountios
Author-Name: Dario Siggia
Author-X-Name-First: Dario
Author-X-Name-Last: Siggia
Title: The impact of financial factors and advisory services on the viability of cotton, rice and maize crops in Greece
Abstract:
In Greece, maize, cotton, and rice industries play a vital role in the economy. Besides being important for human sustenance, it is also important for agricultural development. However, their production's economic viability and sustainability have been scrutinised. As a result of high production costs, the sector has been less competitive than other countries with more developed farming sectors. The purpose of this article is to discuss the economics of sustainable and viable farming. In order to determine the overall production cost, all economic factors are considered, principal component analysis was applied to the data. Results showed that by adopting sustainable practices, such as advisory services, the cotton, rice, and maize sectors in Greece can increase their competitiveness and viability.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 1-12
Issue: 1
Volume: 17
Year: 2025
Keywords: financial factors; viability; cotton; rice; maize; advisory services.
File-URL: http://www.inderscience.com/link.php?id=142942
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:1:p:1-12

Template-Type: ReDIF-Article 1.0
Author-Name: Kristina Rudžionienė
Author-X-Name-First: Kristina
Author-X-Name-Last: Rudžionienė
Author-Name: Aistė Tamonytė
Author-X-Name-First: Aistė
Author-X-Name-Last: Tamonytė
Title: Impact of changes in international financial reporting standards on company financial ratios
Abstract:
The objective of this study is to assess the impact of the changes of IFRS on the financial ratios of Lithuanian companies. This study analyses the impact of the introduction of IFRS 16, which is expected to be significant for the assets and liabilities of those entities that use operating leases. The results show that the adoption of IFRS 16 'Leases' increased the liabilities of Lithuanian companies relatively more than their assets. There was a significant increase in debt and long-term debt ratios, leverage and a decrease in the equity ratio and gross liquidity ratio. These changes in these ratios are more indicative of the financial position of companies, as increased leverage ratios are indicative of increased corporate risk. The changes in IFRS 16 led to the largest changes in the financial ratios of Lithuanian companies in the retail and telecommunications sectors.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 57-74
Issue: 1
Volume: 17
Year: 2025
Keywords: International Financial Reporting Standards; IFRS; IFRS changes; impact; financial ratios; Lithuania.
File-URL: http://www.inderscience.com/link.php?id=142953
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:1:p:57-74

Template-Type: ReDIF-Article 1.0
Author-Name: Tareq Z. Mashoka
Author-X-Name-First: Tareq Z.
Author-X-Name-Last: Mashoka
Title: The impact of financial performance on the value relevance of GAAP and non-GAAP profitability measures: evidence from the Amman Stock Exchange
Abstract:
This paper aims to examine the impact of a firm's financial performance on the value relevance of both GAAP and non-GAAP profitability measures in determining its value. The study posits that the value relevance of these measures is influenced by the financial performance of the company. The paper examines the value relevance of the profitability metrics by regressing the market value of equity on the profitability measures for listed firms on the Amman Stock Exchange (ASE) in Jordan from 2001 to 2019. The results show that for firms with consistent financial performance, GAAP profitability measures are more value relevant for investors. However, when firms experience a decline in sales and/or earnings, the results indicate that non-GAAP profitability measures are more value relevant. This paper presents evidence highlighting the significant impact of a company's financial performance on the value relevance of GAAP and non-GAAP profitability measures in evaluating the firm's value.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 103-120
Issue: 1
Volume: 17
Year: 2025
Keywords: non-GAAP measures; value relevance; financial performance.
File-URL: http://www.inderscience.com/link.php?id=142954
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:1:p:103-120

Template-Type: ReDIF-Article 1.0
Author-Name: Taher Hamza
Author-X-Name-First: Taher
Author-X-Name-Last: Hamza
Author-Name: Zeineb Barka
Author-X-Name-First: Zeineb
Author-X-Name-Last: Barka
Title: Firms' operating leverage and external shocks: does economic policy uncertainty matter?
Abstract:
This paper investigates the association between operating leverage and economic policy uncertainty based on a sample of French listed firms over 2002-2021. We provide robust evidence that firms tend to lower their operating leverage when economic policy uncertainty increases. This result continues to hold after controlling for endogeneity and conducting a series of robustness tests. Based on the real options theory framework, our results imply that, in an uncertain economic environment, firms may be inclined to cancel or defer their risky investment projects to avoid sunk costs. Our cross-sectional tests further demonstrate that the influence of economic policy uncertainty on operating leverage is less prominent in firms with high profitability and investment intensity. These pieces of evidence contribute to the scarce literature on the exogenous determinants of operating leverage and have practical implications for both investors and regulators.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 36-56
Issue: 1
Volume: 17
Year: 2025
Keywords: economic policy uncertainty; operating leverage; firms profitability; investment intensity.
File-URL: http://www.inderscience.com/link.php?id=142957
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:1:p:36-56

Template-Type: ReDIF-Article 1.0
Author-Name: Sandro Brunelli
Author-X-Name-First: Sandro
Author-X-Name-Last: Brunelli
Author-Name: Alessandro Giosi
Author-X-Name-First: Alessandro
Author-X-Name-Last: Giosi
Author-Name: Marco Caiffa
Author-X-Name-First: Marco
Author-X-Name-Last: Caiffa
Author-Name: Riccardo Savio
Author-X-Name-First: Riccardo
Author-X-Name-Last: Savio
Title: Accounting manipulations in public sector: an empirical analysis of European Union countries' accounts
Abstract:
This paper detects whether and to what extent accounting manipulations take place during the reconciliation process from government accounts (GA) to national accounts (NA) when preparing the EDP tables required by the European Commission for each country. In the literature, different theories explain the 'why' of accounting manipulations and different models exist to detect 'how' accounting manipulations occur. However, there are scanty investigations aiming to measure the same phenomenon in the public sector. Investigating a period between 2002 and 2020, our findings show that accounting manipulations exist and have a wider diffusion across European countries. We feed the existing literature by highlighting the magnitude of accounting manipulations and to what extent existing differences between the GA and NA would automatically produce biased results. Finally, we design a new path towards selected fine tuning actions of GA and NA standards for the sake of a clearer European Union fiscal policy.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 75-102
Issue: 1
Volume: 17
Year: 2025
Keywords: accounting manipulation; government accounting; GA; national accounting; NA; accrual accounting; earnings management; European fiscal policy; excessive deficit procedure; EDP.
File-URL: http://www.inderscience.com/link.php?id=142958
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:1:p:75-102

Template-Type: ReDIF-Article 1.0
Author-Name: Iman Samir Youssef
Author-X-Name-First: Iman Samir
Author-X-Name-Last: Youssef
Author-Name: Charbel Salloum
Author-X-Name-First: Charbel
Author-X-Name-Last: Salloum
Author-Name: Mohamed Abonazel
Author-X-Name-First: Mohamed
Author-X-Name-Last: Abonazel
Title: Examining financial ratios for non-financial firms to survive currency devaluation
Abstract:
This research investigated the efficiency indicators of 160 non-financial firms listed on the Egyptian stock exchange between 2012 and 2021, a period marked by notable price escalations and currency depreciation. Amid the challenges introduced by the floating exchange rate system, particularly high inflation rates, the research endeavoured to discern valuable insights into a firm's financial standing through an analysis of financial ratios. Utilising dynamic panel data estimation methods, the study scrutinised the relationship between seven determinant variables and efficiency. Various analytical techniques, including OLS, fixed effects, random effects, and generalised method of moments (GMM), were employed in the data analysis phase. Results highlighted that with the exception of volatility, all variables had a considerably positive impact on efficiency. This research holds significance as it offers potential strategies to mitigate the economic challenges Egypt has grappled with in the recent decade, such as sudden currency value declines and concomitant inflation. It accentuates the crucial role of efficiency indicators in making informed decisions and bolstering financial stability, especially in economically tumultuous scenarios.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 121-138
Issue: 2
Volume: 17
Year: 2025
Keywords: non-financial firms listed; efficiency; profitability; leverage; Egypt.
File-URL: http://www.inderscience.com/link.php?id=145271
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:2:p:121-138

Template-Type: ReDIF-Article 1.0
Author-Name: Mohammad Aladwan
Author-X-Name-First: Mohammad
Author-X-Name-Last: Aladwan
Title: Market return volatility under renewable lease contracting comparative approach between IFRS 16 and IAS 17
Abstract:
The current research is an attempt to contribute to the accounting standards framework by examining the contribution for adopting the new leasing standard IFRS 16 that replaced the previous IAS 17 for leasing to verify the extent to which the new standard imitates the market value of companies. The study investigation centred on detailed comparison between a firm's performance results pre and post the inclusion of the new standard. The reported accounting information about stock market price, market value, net income, market to book value and market to cash flow were assessed before and after the adoption of the new leases standard through a comparison of means and regression variations to identify any changes if found. The findings of our inspection revealed significant economic consequences for IFRS 16 on the selected variables; thus a supportive evidence was established for the ability of emerging markets to imitate any changes in international accounting standards.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 139-158
Issue: 2
Volume: 17
Year: 2025
Keywords: leases; IFRS 16; IAS 17; stock price; market value volatility; net income; M-BV; M-CF.
File-URL: http://www.inderscience.com/link.php?id=145285
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:2:p:139-158

Template-Type: ReDIF-Article 1.0
Author-Name: Adel Almasarwah
Author-X-Name-First: Adel
Author-X-Name-Last: Almasarwah
Author-Name: Ahmed Al-Omush
Author-X-Name-First: Ahmed
Author-X-Name-Last: Al-Omush
Author-Name: Yahya Marei
Author-X-Name-First: Yahya
Author-X-Name-Last: Marei
Author-Name: Humoud Almutairi
Author-X-Name-First: Humoud
Author-X-Name-Last: Almutairi
Title: Earnings quality as a predictor of firm performance: empirical analysis in the USA
Abstract:
This study explores the link between firm performance and earnings quality in the USA, employing real earnings management (REM) and accruals earnings management (AEM) models. Through panel data robust regression analysis, we assess firm performance proxies, including return on assets, return on equity, operating cash flow, cash ratio, current ratio, and receivable accruals. Results highlight the significant impact of measures such as return on assets, return on equity, operating cash flow, cash ratio, current ratio, receivables accruals ratio, leverage, and firm industry on earnings quality. Notably, increasing liquidity and higher debt positively influence earnings quality, particularly in low-interest-rate environments. However, qualitative insights are essential for a comprehensive understanding of firm performance. Varied firm performance metrics exhibit distinct impacts on earnings quality, with return on assets and return on equity having the most significant effect. This research, integrating real and accrual earnings management, contributes original insights into corporate earnings management and firm performance in the USA context.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 159-174
Issue: 2
Volume: 17
Year: 2025
Keywords: firm performance; earning quality; ROA; ROE; operating ratio; the USA.
File-URL: http://www.inderscience.com/link.php?id=145288
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:2:p:159-174

Template-Type: ReDIF-Article 1.0
Author-Name: Chong-Yang Sim
Author-X-Name-First: Chong-Yang
Author-X-Name-Last: Sim
Author-Name: Chee-Hua Chin
Author-X-Name-First: Chee-Hua
Author-X-Name-Last: Chin
Author-Name: Ek-Tee Ngian
Author-X-Name-First: Ek-Tee
Author-X-Name-Last: Ngian
Author-Name: Jackson Jung-Wei Wong
Author-X-Name-First: Jackson Jung-Wei
Author-X-Name-Last: Wong
Title: Financial management behaviour among youth: is financial literacy a panacea?
Abstract:
The COVID-19 pandemic's impact on young Malaysians' financial situation has led to repercussions in their financial management behaviour, affecting their lives. Financial literacy is seen as the panacea to addressing the challenges of youths' financial management. Using partial least squares structural equation modelling (PLS-SEM) technique, this study aims to investigate the influence of money attitude, financial prudence, self-efficacy, financial avoidance, and financial literacy on the financial management behaviour of limited income youth in Sarawak, Malaysia. The study also examines how financial literacy moderates the relationship between these predictors and financial management behaviour. The findings revealed positive associations between financial avoidance, financial prudence, and financial literacy with financial management behaviour. Although financial literacy did not act as a moderator, it directly influenced financial management behaviour. Policymakers should prioritise financial literacy programs to enhance financial prudence and mitigate the risks associated with poor financial management behaviour among Malaysian youth, particularly those from limited income backgrounds.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 175-204
Issue: 2
Volume: 17
Year: 2025
Keywords: financial literacy; financial management behaviour; low-income Malaysian; youth.
File-URL: http://www.inderscience.com/link.php?id=145293
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:2:p:175-204

Template-Type: ReDIF-Article 1.0
Author-Name: Monica Singhania
Author-X-Name-First: Monica
Author-X-Name-Last: Singhania
Author-Name: Gurmani Chadha
Author-X-Name-First: Gurmani
Author-X-Name-Last: Chadha
Author-Name: Dimple Gupta
Author-X-Name-First: Dimple
Author-X-Name-Last: Gupta
Title: ESG measurement: an interdisciplinary review using scientometric analysis
Abstract:
The measurement of ESG has become essential for companies to determine the return on investment (ROI) of their ESG initiatives, and for stakeholders to assess companies' commitment and hold them accountable. Despite approximately $30 trillion of professionally managed assets being subject to ESG criteria, comprehensive literature reviews encompassing this research domain is scarce. The present study conducted a scientometric analysis to systematically synthesise the extant research in the ESG measurement field using a corpus of 2,387 articles from WoS and Scopus, published between 1992-2021, employing CiteSpace software. Domain visualisations were created to identify co-authorship networks, subject categories, and country and institution analysis, and content analysis was performed to identify the significant research areas, trends, and patterns of ESG measurement research globally. The findings revealed exponential increase in publications on ESG measurements over the past three decades. Emerging research themes and implications for policymakers, society, managers, and academia have been detailed.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 205-253
Issue: 2
Volume: 17
Year: 2025
Keywords: ESG measurement; sustainability metrics; sustainability indicators; bibliometric; scientometric; literature review; CiteSpace.
File-URL: http://www.inderscience.com/link.php?id=145303
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:2:p:205-253

Template-Type: ReDIF-Article 1.0
Author-Name: Aria Farah Mita
Author-X-Name-First: Aria Farah
Author-X-Name-Last: Mita
Author-Name: Sylvia Veronica Siregar
Author-X-Name-First: Sylvia Veronica
Author-X-Name-Last: Siregar
Title: The response of accounting educators in incorporating significant new accounting standards in the curriculum in Indonesia
Abstract:
Educators play a strategic role in the successful adoption and implementation of the IFRS due to their responsibility in preparing students for the profession. However, the dynamic nature of the IFRS poses a challenge. This research aims to examine the responses of educators in incorporating new and significant accounting standards into course materials. The study focuses on IFRS 9, IFRS 15, and IFRS 16 which differ significantly from previous standards. The 243 financial accounting educators from several universities in Indonesia were surveyed. The results show that most of the educators were late responders in incorporating the new accounting standards. A total of 49% were late for IFRS 16, 64% were late for IFRS 9, and 70% were late for IFRS 15. The study recommends that educators incorporate newly published standards before they become effective so that students can master them by the time they graduate and when those standards apply.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 255-268
Issue: 3
Volume: 17
Year: 2025
Keywords: financial accounting; IFRS adoption; accounting education; accounting curriculum; Indonesia.
File-URL: http://www.inderscience.com/link.php?id=147034
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:3:p:255-268

Template-Type: ReDIF-Article 1.0
Author-Name: Peixuan Wu
Author-X-Name-First: Peixuan
Author-X-Name-Last: Wu
Author-Name: Muhammad Irfan Khan
Author-X-Name-First: Muhammad Irfan
Author-X-Name-Last: Khan
Author-Name: Syed Imran Zaman
Author-X-Name-First: Syed Imran
Author-X-Name-Last: Zaman
Author-Name: Saghir Pervaiz Ghauri
Author-X-Name-First: Saghir Pervaiz
Author-X-Name-Last: Ghauri
Author-Name: Miao Miao
Author-X-Name-First: Miao
Author-X-Name-Last: Miao
Title: Broadening the lens: capital structures and company performance in a new economy
Abstract:
The paper aims to examine factors that influence capital structure decisions of sugar and cement sector firms of Pakistan. The research incorporates specific firms along with macro-economic determinants of capital structure. As a test case, 29 sugar sector and 17 cement sector firms, listed in Pakistan Stock Exchange (PSX), were selected. The data consists of a ten year period, covering the years 2010-2021, using PLS technique. The results showed a significant impact of GDP, INF, GO and PROF on the capital structure decision of sugar sector firms whereas for the cement sector, FS and PROF are significant factors. The results supported trade-off as well as pecking order theories, indicating that no single theory completely explains the situation of the capital structure of Pakistan sugar and cement firms. Firms should consider the impact of selected variables while making capital structure decisions as ultimately it affects cost of capital which in turn influences shareholders' wealth.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 306-330
Issue: 3
Volume: 17
Year: 2025
Keywords: capital structure; profitability; firm size; growth opportunity; earnings volatility; ownership concentration; GDP; inflation rate.
File-URL: http://www.inderscience.com/link.php?id=147035
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:3:p:306-330

Template-Type: ReDIF-Article 1.0
Author-Name: Priyam Mendiratta
Author-X-Name-First: Priyam
Author-X-Name-Last: Mendiratta
Author-Name: Smita Kashiramka
Author-X-Name-First: Smita
Author-X-Name-Last: Kashiramka
Author-Name: Surendra Singh Yadav
Author-X-Name-First: Surendra Singh
Author-X-Name-Last: Yadav
Title: A retrospective of earnings management research: charting the knowledge base, intellectual structure, and way forward
Abstract:
Owing to the dearth of comprehensive synopses in the published literature, this study endeavours to uncover the knowledge base and intellectual structure of 'earnings management' research. Over 2000 to January 2021, 1,678 articles from peer-reviewed journals are examined. Bibliometric analysis is used to identify the most prominent years, countries, journals, authors, articles, and keywords. Citation network, co-authorship analysis, and keyword co-occurrence analysis uncover the knowledge base. Cluster analysis of 138 articles coupled with content analysis delineates the intellectual structure. The publication trend reveals that research on earnings management has gathered momentum from 2015-2016, with accounting journals being the most productive. Developed countries like the USA, Australia, the UK, and parts of Europe dominate the landscape, with China as an exception. Six major clusters emerge. Network analysis illustrates the evolution of clusters over time. Keyword analysis reveals the advancement of earnings management as a multidisciplinary field, with studies on corporate governance taking centre stage. The study helps scholars to gauge the current stock of literature and the way forward on earnings management research, enables governing bodies to make policy-oriented efforts, and sensitises managers in instituting accountability.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 269-305
Issue: 3
Volume: 17
Year: 2025
Keywords: earnings management; managers; bibliometric analysis; intellectual structure; knowledge base.
File-URL: http://www.inderscience.com/link.php?id=147038
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:3:p:269-305

Template-Type: ReDIF-Article 1.0
Author-Name: Ruchi Moolchandani
Author-X-Name-First: Ruchi
Author-X-Name-Last: Moolchandani
Author-Name: Sujata Kar
Author-X-Name-First: Sujata
Author-X-Name-Last: Kar
Title: Impact of board attributes on corporate cash holdings: evidence from India
Abstract:
This paper examines the impact of board of director attributes on the cash holdings of Indian listed firms. The study uses a sample of non-financial firms listed on the S&P BSE 500 index from 2009 to 2019. This study focuses on five board of director attributes namely, board size, board independence, board busyness, women directors and duality to investigate their impact on cash holdings. The findings reveal that board size, women directors and duality significantly affect the cash holdings of Indian firms. However, board independence and board busyness are insignificant. Overall, the study advocates that board of directors play a monitoring role and prevent managers from accumulating and using cash reserves for personal benefits. Thus, this study empirically confirms that board of director attributes affect corporate cash holdings. This study enriches the literature on determinants of corporate cash holdings.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 349-367
Issue: 3
Volume: 17
Year: 2025
Keywords: board of directors; corporate governance; agency conflicts; cash holdings; India.
File-URL: http://www.inderscience.com/link.php?id=147039
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:3:p:349-367

Template-Type: ReDIF-Article 1.0
Author-Name: Subhamoy Chatterjee
Author-X-Name-First: Subhamoy
Author-X-Name-Last: Chatterjee
Author-Name: R.P. Mohanty
Author-X-Name-First: R.P.
Author-X-Name-Last: Mohanty
Title: Usage of interest rate derivatives in risk management: an analysis
Abstract:
Risk management is a component of business strategy across geographies and economies, often executed using derivatives. This study aims to undertake a bibliographic analysis, understand the evolving research through patterns and dimensionality, and elaborate on the significant learnings. This paper presents a bibliographic account of the usage of interest rate derivatives (IRDs). It covers the IRD subset of interest rate swaps by covering a range of sectors, geographies and disciplines. The analysis facilitated the categorisation of publications. This showed how research has evolved and the consequent gaps that must be filled to advance academic research in the community of practice. While there are multiple studies, this paper attempts to classify them and enables future researchers to access research work and realise the gap areas. Further, the study uses these research parameters to distinguish articles.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 368-386
Issue: 3
Volume: 17
Year: 2025
Keywords: risk management; interest rate derivative; IRD; swap; fixed payor; floating payor; strategic finance; derivatives; regulations for derivatives; International Swaps and Derivatives Association; ISDA.
File-URL: http://www.inderscience.com/link.php?id=147040
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:3:p:368-386

Template-Type: ReDIF-Article 1.0
Author-Name: Musah Mohammed Saeed
Author-X-Name-First: Musah Mohammed
Author-X-Name-Last: Saeed
Title: Corporate governance and international financial reporting standards compliance among Ghanaian-listed companies
Abstract:
This study examines the impact of corporate governance on IFRS compliance in Ghana using board and audit committee characteristics as well as ownership structures as proxies. These results indicate that increased IFRS compliance, despite agency conflicts, promotes transparency. A compliance index, derived from a checklist based on prior research, was calculated for 26 listed firms over a decade, using data from annual reports. OLS estimation reveals an average IFRS compliance of approximately 97%, which is positively linked to board independence. Conversely, CEO duality and management ownership show a negative and insignificant relationship, whereas government ownership correlates positively and significantly with IFRS compliance. However, audit committee independence and size do not significantly influence compliance decisions in Ghana. This study suggests that policymakers create a framework emphasising board dynamics for improved corporate reporting, providing insights for future capital market regulations, and highlighting corporate governance's crucial role in achieving comprehensive IFRS compliance.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 331-348
Issue: 3
Volume: 17
Year: 2025
Keywords: corporate governance; CG; IFRS compliance; panel data; Ghana stock exchange; GSE; agency theory.
File-URL: http://www.inderscience.com/link.php?id=147042
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:3:p:331-348

Template-Type: ReDIF-Article 1.0
Author-Name: Abbas Hashem Mahlhal
Author-X-Name-First: Abbas Hashem
Author-X-Name-Last: Mahlhal
Author-Name: Mohammed Ali Mohammed
Author-X-Name-First: Mohammed Ali
Author-X-Name-Last: Mohammed
Author-Name: Ayad Kadhem Jebur
Author-X-Name-First: Ayad Kadhem
Author-X-Name-Last: Jebur
Title: Sustainable accounting information and its role in achieving the requirements of sustainable development and reducing costs
Abstract:
This research aims to clarify the theoretical framework of sustainable development and examine the role of accounting information in fulfilling its requirements, particularly in reducing costs. The study analysed the opinions of employees in accounting and auditing across several economic units, using SPSS V.21 with descriptive statistical tools such as frequencies, arithmetic mean, and standard deviation. The findings indicate that integrating accounting information systems with sustainable development helps reduce costs and environmental impacts of products by improving operational efficiency and achieving balance among economic, environmental, and social goals. Key outcomes include enhancing resource efficiency, lowering emissions, improving waste management, encouraging innovation in product design, and stimulating sustainable investments. The study also highlights the practical role of sustainable accounting information in supporting development plans by providing accurate data on resources, capacities, and costs, thereby contributing to reducing product costs. Overall, the research demonstrates how accounting information supports sustainable strategies and strengthens the economic, environmental, and social dimensions of development.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 1-22
Issue: 5
Volume: 17
Year: 2025
Keywords: sustainable accounting information; sustainable development.
File-URL: http://www.inderscience.com/link.php?id=148522
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File-Restriction: Open Access
Handle: RePEc:ids:injmfa:v:17:y:2025:i:5:p:1-22

Template-Type: ReDIF-Article 1.0
Author-Name: Wiem Dridi
Author-X-Name-First: Wiem
Author-X-Name-Last: Dridi
Title: The impact of accounting comparability on classification shifting: evidence from UK companies
Abstract:
This study examines the impact of accounting comparability on classification shifting in UK public firms. Using De Franco et al.'s (2011) comparability measure and McVay's (2006) classification shifting model, we address a gap in existing literature by investigating this relationship. Our findings demonstrate a positive association between accounting comparability and classification shifting, confirming that comparable firms may engage in the misclassification of the income statement items to meet expectations while minimising the risk of detection. Additionally, the results indicate a negative relationship between accounting comparability proxies and discretionary accruals, providing evidence that comparability reduces the likelihood of firms engaging in accruals-based earnings management. This research contributes to understanding how accounting comparability influences earnings management practices, offering insights for policymakers and stakeholders aiming to improve financial statement transparency and reliability.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 399-419
Issue: 4
Volume: 17
Year: 2025
Keywords: accounting comparability; classification shifting; earnings management; core earnings; non-recurring expenses.
File-URL: http://www.inderscience.com/link.php?id=148902
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:4:p:399-419

Template-Type: ReDIF-Article 1.0
Author-Name: Nikhil Chandra Shil
Author-X-Name-First: Nikhil Chandra
Author-X-Name-Last: Shil
Author-Name: Mahfuzul Hoque
Author-X-Name-First: Mahfuzul
Author-X-Name-Last: Hoque
Author-Name: Mahmuda Akter
Author-X-Name-First: Mahmuda
Author-X-Name-Last: Akter
Title: Drivers of and barriers to management accounting change in a fragile state: evidence from a field study
Abstract:
This research attempts to identify the drivers of and barriers to management accounting change. It also aims to develop a role profile of management accountants and identifies required skills in the context of a fragile state, Bangladesh. Based on a semi-structured questionnaire survey, we adopt a quantitative approach of research paradigm to highlight the research objectives from selected research filed. Management accounting practitioners have been categorially selected from legitimate professional databases to participate in the survey. The data are analysed using different descriptive and inferential statistics relevant to our research goals. In absence of any previous study in this selected area, this study considers this as a research gap to contribute. The study adds value to existing body of literature theoretically and practically. The findings of the study will be helpful to management accounting regulators, practitioners and researchers.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 462-488
Issue: 4
Volume: 17
Year: 2025
Keywords: management accounting change; MAC; role; skill; change drivers; barriers; fragile state.
File-URL: http://www.inderscience.com/link.php?id=148905
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:4:p:462-488

Template-Type: ReDIF-Article 1.0
Author-Name: Federico Beltrame
Author-X-Name-First: Federico
Author-X-Name-Last: Beltrame
Title: Capital structure, cost of funding and bank performance: a managerial compendium
Abstract:
Using discounted cash flow (DCF) models and the internal rate of return (IRR) criterion, the paper conceptualises: 1) equity financing's stand-alone effect on banks' overall cost of capital, following Modigliani and Miller's (MM) (1963) and Miles and Ezzell's (ME) (1980) debt policies; 2) capital requirements' effect on bank performance. First, the simulations indicate that: 1) overall, leverage negatively influences weighted average cost of capital (WACC); 2) at the pre-tax WACC level, the value irrelevance principle is satisfied under the ME financial policy when the rating based cost of debt is used; 3) under the ME financial policy and high levels of risky debt the cost of funding (post-tax WACC calculated using the bank specific cost of debt) increases more than proportionally as equity increases. Second, with IRR fixed on a determined allocation of risk capital, additional requirements cause an increase in banks' performance with a higher franchise value net of taxes.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 420-441
Issue: 4
Volume: 17
Year: 2025
Keywords: banks; leverage; debt benefits; WACC; capital allocated.
File-URL: http://www.inderscience.com/link.php?id=148906
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:4:p:420-441

Template-Type: ReDIF-Article 1.0
Author-Name: Vijay Kumar Sharma
Author-X-Name-First: Vijay Kumar
Author-X-Name-Last: Sharma
Author-Name: Harish Kumar
Author-X-Name-First: Harish
Author-X-Name-Last: Kumar
Title: Analysis of bank-specific determinants of stressed and non-performing assets in commercial banks: a TISM-MICMAC approach
Abstract:
The network of well-functioning commercial banks in a country ensures financial stability and accelerates economic growth. Due to increasing non-performing assets (NPAs) and bad loans, the profitability of commercial banks is declining continuously which results in lower revenue and interest income of banks, raising operational costs and loss of assets. The financial crisis resulted in loss of assets of banks, the decline in the value of business, customer dissatisfaction, and slow business growth. Therefore, it is necessary to control NPAs to improve the financial ability of the banking system. The study identifies determinants responsible for NPA problems in commercial banks. The research deploys multi-criteria decision making (MCDM) techniques 'total interpretive structural modelling' (TISM) and 'cross-impact matrix multiplication applied to classification' (MICMAC) to develop a hierarchical model and to study the cross inter-relationship among these factors. The study finds two crucial paths which explain how NPAs problem can be controlled through improving 'credit efficiency' and 'operational efficiency'. The proposed novel hierarchical model would enable practicing managers, service providers, financial consultants to plan better to enhance the credit risk management efficiency of financial institutions.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 442-461
Issue: 4
Volume: 17
Year: 2025
Keywords: non-performing assets; NPAs; bank failure; operational efficiency; financial system; total interpretive structural modelling; TISM and MICMAC; multi-criteria decision making; MCDM.
File-URL: http://www.inderscience.com/link.php?id=148907
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:4:p:442-461

Template-Type: ReDIF-Article 1.0
Author-Name: Sudin Bag
Author-X-Name-First: Sudin
Author-X-Name-Last: Bag
Author-Name: Akhund Ahammad Shamsul Alam
Author-X-Name-First: Akhund Ahammad Shamsul
Author-X-Name-Last: Alam
Author-Name: Amina Omrane
Author-X-Name-First: Amina
Author-X-Name-Last: Omrane
Title: Employee compensation satisfaction and turnover intention in the readymade garment industry: which role is associated to organisational commitment?
Abstract:
The present study investigates the relationship between pay satisfaction and turnover intention of employees who are engaging in the readymade garment industry in Bangladesh. In addition, the effect of organisational commitment as a mediator in this relationship is also examined. A total number of 151 junior executives from 32 conveniently selected readymade garment factories in Bangladesh took part in the study. Findings supported that pay satisfaction, organisational commitment (affective, normative and continuance), and employees' turnover intention were significantly correlated to each other. Moreover, results of the regression analysis revealed that pay satisfaction influenced both organisational commitment and turnover intention of employees. It was also found that only affective commitment mediates the relationship between pay satisfaction and turnover intention; whereas normative and continuance commitment have no mediating effect. Therefore, industry managers and entrepreneurs are called upon to increase the pay satisfaction of their employees to upgrade their retention inside their organisation.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 489-509
Issue: 4
Volume: 17
Year: 2025
Keywords: compensation satisfaction; turnover intention; affective commitment; normative commitment; continuance commitment.
File-URL: http://www.inderscience.com/link.php?id=148910
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:4:p:489-509

Template-Type: ReDIF-Article 1.0
Author-Name: Kashif Iqbal Siddiqui
Author-X-Name-First: Kashif Iqbal
Author-X-Name-Last: Siddiqui
Author-Name: Taufeeque Ahmad Siddiqui
Author-X-Name-First: Taufeeque Ahmad
Author-X-Name-Last: Siddiqui
Title: Connecting realms: investigating the interplay of financial and social inclusion in India
Abstract:
Financial and social inclusion are emerging as critical facilitators of economic growth and development that significantly drive away poverty. The purpose of this paper is to model and quantify the link between financial and social inclusion. Data were collected, and the hypotheses of this study were analysed using PLS-SEM through SmartPLS software. The findings from the study showed that financial inclusion has a significant and positive effect on social inclusion. Given the limited existing research on this topic, this paper contributes by establishing connections between distinct dimensions of financial and social inclusion, offering guidance for future research. The insights gleaned from this study can assist financial service providers, policymakers, and regulators in crafting more effective financial products and social inclusion policies aimed at serving marginalised communities.
Journal: Int. J. of Managerial and Financial Accounting
Pages: 387-398
Issue: 4
Volume: 17
Year: 2025
Keywords: financial inclusion; India; SmartPLS; social inclusion; structural equation modelling.
File-URL: http://www.inderscience.com/link.php?id=148913
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Handle: RePEc:ids:injmfa:v:17:y:2025:i:4:p:387-398