International Journal of Behavioural Accounting and Finance (4 papers in press)

Regular Issues

• A systematic literature network analysis on the development of behavioural accounting research  
  by Valentina Minutiello, Patrizia Tettamanzi 
  Abstract: Different fields of research have conducted studies on the topic of Behavioural Research. Accounting researchers’ attention to this topic has recently started to grow and, consequently, the need to define the future development of the research field has emerged. This paper aims to conduct a literature review on the topic of Behavioural Accounting Research (BAR) to clarify what has already been studied by researchers and to suggest possible new research developments. For this purpose, a new methodology, called “Systematic Literature Network Analysis” was applied. The findings confirm the need to further explore this research area by conducting new empirical studies on the application of behavioural theories and by using new tools for data collection. The paper’s contributions to the literature are the following: it provides a systematic picture of the literature on BAR, applies a new methodology for the analysis of the literature, and provides an agenda for future research.
  Keywords: behavioural research; BAR; behavioural accounting research; accounting research; literature review; SLNA; systematic literature network analysis.
  DOI: 10.1504/IJBAF.2023.10059989
   
  
• Impact of business education of owners and financial support on investment in socially responsible ventures  
  by Amarjit Gill, Harvinder S. Mand, Neil Mathur 
  Abstract: This study tested the impact of business education of owners (BE_OWNERS) and foreign family members’ financial support (FFM_FS) on investment in socially responsible ventures (INVEST_SRVs). Our survey research collected data from family business owners from India. As baseline methods, we used the ordinary least square (OLS) and ordered logistic regressions to test hypotheses and two-stage least square regressions to reduce endogeneity issues. Our survey analysis shows that business education of family business owners education increases FFM_FS and INVEST_SRVs. FFM_FS, in turn, increases internal financing sources (IFS) and INVEST_SRVs. Foreign family members’ financial support and IFS moderate the relationship between BE_OWNERS and INVEST_SRVs. The empirical survey analysis of this study contributes to the literature on the impact of BE_OWNERS and FFM_FS on INVEST_SRVs. Academia may find our research data analysis beneficial to develop further studies on the effects of BE_OWNERS and FFM_FS on investment in socially responsible ventures.
  Keywords: business education of owners; foreign family members’ financial support; investment in socially responsible ventures; India.
  DOI: 10.1504/IJBAF.2023.10060418
   
  
• Determinants of investment behaviour of investors: a review and research agenda  
  by Rakhi Arora, Sonal Purohit 
  Abstract: Investment decision-making is often difficult for individual investors where millions of investors have similar access of information for saving and investment. The huge variation in the investment decision making procedure makes the overall process complex and difficult to understand. The extant literature on determinants of investment decision are scattered with contradictory claims from the authors. Therefor the purpose of this study is to present a comprehensive view of the determinants of investment behaviour of investors through a systematic literature review. A total of 43 journal papers that were peer reviewed and published between 2010 and 2023 were subjected to this review. A conceptual framework that comprehensively presents the factors that affect the investment related decisions is put forth after an exhaustive analysis of this review. This study explains about diverse factors which are demographic factors, social factors, psychological factors, market factors, financial factors and risk and return criteria prescribing the decision of an investor for investment based on their rational behaviour. The potential factors for future studies are also discussed.
  Keywords: behavioural finance; investment behaviour; investment decision making; investment factors; financial market; risk and return.
  
  
• Corporate governance as a cornerstone of transparency and trust: empirical evidence from GCC firms  
  by Abdullah E. Alajmi, Rasheed Alrashidi 
  Abstract: This study investigates the impact of corporate governance mechanisms on the accuracy, reliability, and transparency of financial disclosures. Examining Gulf Cooperation Council (GCC) firms, we explore how board composition, audit committee oversight, executive compensation structures, shareholder engagement, and internal controls collectively shape financial reporting quality (FRQ). Additionally, we analyse the interplay between regulatory frameworks and corporate governance practices, highlighting their role in enhancing financial transparency and stakeholder confidence. Quantitative analyses support the observed relationships between corporate governance and FRQ. By elucidating these mechanisms, the research improves our understanding of transparent and credible financial reporting practices. As GCC firms navigate evolving corporate responsibility landscapes, this study emphasises the crucial role of robust governance in fostering integrity and reliability in financial reporting.
  Keywords: transparency; trust; empirical analytics; corporate governance; FRQ; financial reporting quality.