Board size and firm performance in developing counties: Case of East Africa
July 2021
The main objective of this study was to examine the influence of board size on the financial performance of listed companies within the East African Community (EAC) and make recommendations on the board size that can enhance company financial performance within the EAC. The research adopted a positivist paradigm in a quantitative analysis using non-probability sampling to select forty-two listed companies listed on the...
An empirical investigation of the audit expectation gap: Evidence from Cameroon
July 2021
Although the audit expectation gap has been subject to substantial research over the past two decades, it remains a controversial issue for the audit profession. This study, therefore, examines the existence of an audit expectation gap in Cameroon between auditors and users (accountants, bankers, and investors), assesses the dimensions of the gap, and relates the findings to prior findings on the expectation gap. A...
Related party transactions and their association with earnings management – evidence of Hong Kong listed companies
July 2021
This study empirically investigates whether related party transactions play an important role in earnings management in Hong Kong Stock Exchange, by using manually collected data comprising 1,278 firms’ yearly observations from all listed company on Hang Seng Composite Industry Indexes from 2016 to 2018. This study analyzes the three most frequent types of related party transactions, including related sales,...
Achieving competitive advantage and financial sustainability through acquisition and restructuring strategies
July 2021
Acquisition and restructuring strategies are some of the growth and retrenchment strategies that firms employ with the aim of achieving competitive advantage in form of superior financial sustainability position. In this study, we set out to provide a descriptive framework for acquisition and restructuring strategies as corporate level strategies and to investigate the ability of these strategies to help organizations...
The COVID-19 and earnings management: China’s evidence
April 2021
This study investigated the relationship between the COVID-19 outbreak and the Chinese listed firms’ earnings management practices. It also examined how this relationship was moderated by the Chinese listed firms’ corporate social responsibility (CSR) and the external corporate governance mechanism. The data in this study were mainly retrieved from the China Stock Market and Accounting Research (CSMAR)...
Economy-wide impact of tax reform in Ethiopia: A recursive dynamic general equilibrium model
April 2021
This paper examined the macroeconomic influence of tax reform on the Ethiopian economy using the Dynamic Computable General Equilibrium model. It utilized the updated 2009/2010 Ethiopian Social Accounting Matrix (SAM) from 2005/2006 developed by Ethiopian Development Research Institute (EDRI). To investigate the impact of tax reform on the Ethiopian economy, different simulations were made turn by turn. First, a...
The influence of mental accounting, perceived trust and power of revenue authorities on tax compliance among SMEs in Zimbabwe
April 2021
This study is done against a background of perennial negative variances between the projected and actual tax collections in Zimbabwe. Studies that look at the influence of mental accounting, perceived trust and power of tax authorities on tax compliance seem to be lacking in Africa. The target population comprise of self-employed tax payers because these currently comprise the highest form of employment among...
Financial accountability mechanisms in local governments in Uganda: a case of Kabale District Local Government
April 2021
The purpose of the study is to present financial accountability mechanisms in local governments, with reference to Kabale district local government. A cross-sectional research design, which used both quantitative and qualitative approaches to collect and analyze data, was adopted. Both simple random and purposive sampling techniques were used to select 117 respondents from 174 subjects. Questionnaires and personal...
Board structure and firm performance: An empirical study of Greek systemic banks
April 2021
This paper examines the effect of board characteristics on bank financial performance. Tracing the Greek financial crisis during the period of 2008 to 2018, the paper investigates whether board size, board independence, CEO duality, female directors, and foreign directors affect banks performance. The empirical evidence shows that board structure has a significant effect on bank performance. Specifically, board size,...
Closed form solution for the valuation of deferred tax assets
January 2021
Deferred tax asset (DTA) is a tax/accounting concept that refers to an asset that may be used to reduce future tax liabilities of the holder. In the banking sector, it usually refers to situations where a bank has either overpaid taxes, paid taxes in advance or has carry-over of losses (the latter being the most common situation). In fact, accounting and tax losses may be used to shield future profits from taxation,...
Internal audit as an optimization tool for educational monitoring organizations
January 2021
Organizations that oversee education institutes contribute to the quality of education. Audit as a tool can support the optimization of processes for these organizations. However, literature was scarce regarding audit in educational monitoring organizations. This research attempts to understand the position that audit holds in educational monitoring and how it optimizes their processes. A questionnaire based on audit...
Greek tax reality and the VAT gap: Influential factors
January 2021
The value added tax gap (VAT gap) is a notable indicator of tax evasion, tax avoidance and overall inefficiency within the tax system. As the VAT gap in Greece is one of the largest in the European Union (EU), an attempt to quantify and analyze it was made. In order to achieve that, social, economic, fiscal and tax factors were examined based on international literature, since there is very little relevant research in...
Tax-free synthetic cash for individuals: A theoretical review of the Swiss case
January 2021
Synthetic cash, which is a pure product of financial engineering, can be defined as a combination of financial instruments that provide (before tax) a performance equal to that of a traditional monetary deposit but without the use of a debt or interest payment instrument. This article discusses the taxation of synthetic cash in Switzerland and shows that synthetic cash can generate tax-free income when adequately...
Forensic accounting and financial crimes in Nigerian public sector
October 2020
The mismanagement of notable government businesses across the nation has led to the abandonment of viable public projects and the attendant indiscriminate lay-off of staff in the public sector have generated the ever-increasing attention in academic, private and public sectors. As a result of the increase in the level of decadence in the government sector, a gamut of dissenting voices have been raised necessitating the...
Effects of information technology on effective tax assessment in Nigeria
October 2020
Ineffective tax assessment and systemic deficiencies have been the general perceptions that tax administrators do not remit tax collections, and this is greatly affecting tax revenue generation in Nigeria. Prior studies have attributed these anomalies to lack of efficient information technology and competent tax administrators. Consequently, this study investigated the effect of information technology on effective tax...
Risk based internal audit at Greek listed shipping companies of New York stock exchange
October 2020
In recent years, significant changes have been made in the internal audit function, based on regulatory stipulations along with the need for improvement of internal audit services. These changes had a significant impact not only on the business itself, but also on the markets and on various stakeholders, and have led to the need to implement a methodology for conducting internal audits based on risk. Our research...
Factors influencing International Financial Reporting Standards (IFRS) implementation success: Evidence from Ethiopia
October 2020
Drawing on Institutional and Economic Network Theories, this study investigated factors influencing International Financial Reporting Standards (IFRS) implementation success in Ethiopian business organizations identified as Public Interest Companies by the government which were expected to adopt IFRS for the year ending June 30, 2018. The study adopted explanatory method to answer the research questions and test...
Has tax and accounting relationship come to nothing? An investigation into the decision usefulness of financial information disclosure
October 2020
This paper investigates the decision usefulness of financial information disclosure to the Nigeria tax authority in discharging its tax assessment and collection responsibility. The paper is built on the notion that the long relationship and influence of taxation on accounting should in particular promote decision usefulness information to the tax authority. Thirteen tax themes were developed whose reflection was...
Challenges of business income tax administration with special emphasis on collection process in Ethiopia: The case of Hadiya zone, Hossana town
August 2020
The objective of this study is to assess the challenges of business income tax administration with special emphasis on collection process in the case of Hadiya zone, Hossana town. To answer the research questions, the researcher used both primary and secondary data as a source of information. Initially, by using proportionally stratified sampling technique, 341 tax payers were selected as a sample size from the total...
Ownership structure and tax planning of listed firms: Evidence from Nigeria
August 2020
The study investigated the effect of ownership structure on tax planning of quoted non-financial companies in Nigeria. It aims to find out the ownership structure that improves tax planning thereby reducing tax liability of the firms. Data for the study were extracted from the annual reports and accounts of the companies for ten years (2008 - 2017). The data collected were analysed using descriptive statistics and...
Analysis of the level of compliance with the code of ethics in the accounting profession
August 2020
The accountant professional code of ethics contains the ethical principles applicable to his profession. The purpose of the code of ethics for the accountant is to enable the professional to adopt a personal attitude, according to the ethical principles known and accepted by society. Most financial scandals have called into question the ethical conduct of accounting professionals. The code of ethics in the accounting...
The challenges affecting tax collection in Nigerian informal economy: Case study of Anambra State
June 2020
The Federal and State Governments might not be able to provide infrastructural development for its citizens, if the citizens do not pay tax. Successive government officers and tax administrators in Nigeria have come up with different programs on how to increase tax collection. Each of these programs has been unsuccessful due to lack of accountability, poor awareness and publicity, and poor implementation. Recently,...
Role and contribution of administrative accounting to small and very small businesses
June 2020
The aim of this work is to study the main factors that influence the collaboration between the firm and a cost specialist. The paper highlights key aspects of administrative accountings activities performed by Small and medium enterprises (SMEs) and factors that differentiate them due to their nature and small size. Empirical research was conducted through questionnaires to Greek small and micro (very small)...
The impact of value-added tax (VAT) implementation on Saudi banks
February 2020
The study aims to identify the impact of value-added tax (VAT) on Saudi banks, through measuring the impact of changes in the banks before and after the implementation of Value Added Tax (VAT), in all of total assets, total liabilities, customer deposits, retained earnings, total operating income, total operating expenses and net operating income. The study targeted the fourth quarter of 2017 (before the implementation...
Effect of executive compensation and share ownership on financial performance of listed deposit money banks in Nigeria
January 2020
It has remained a paradox whether people will be motivated if they believe that strong effort will lead to good performance and good performance will lead to desired rewards. Studies in this area have reported conflicting findings. To this end, the study examines the effect of executive compensation and share ownership on financial performance of listed Deposit Money Banks in Nigeria. Executive compensation variables...
Taxation efficiency and accounting assisted transparency, insight into a European framework
January 2020
This paper highlights the relationship between taxation, accounting and transparency for achieving disclosure and efficiency. Research takes into consideration taxation costs and legislation in order to discern an optimized business level of transparency. The data collected from questionnaires were analyzed by descriptive statistical analysis, followed by factor analysis and reliability testing that led to relationships...
Creative accounting and investment decision in listed manufacturing firms in Nigeria
January 2020
Creative accounting involves the manipulation of company’s records toward a predetermined target. Financial information manipulation is usually aimed at misleading the users of financial reporting through the provision of information that affects their decision making. This study evaluated the effects of creative accounting on investment decision in selected listed manufacturing firms in Nigeria’s real...
Information technology and the accountant today: What has really changed?
January 2020
One of the major advancements in information technology (IT) is the use of IT tools to perform accounting functions and processes. In this paper, we provide discussions on how IT has affected the accountancy profession. We argued that the traditional duty of accountants is the preparation of financial statements, and consequently, several tasks are carried out throughout that function. In the pre-IT era, accountants...
Investors’ perception and profitability of listed companies: Evidence from Nigeria
October 2019
The stock market has continually been a source of economic development in most developing countries. This study examined the relationship between investors’ perception and profitability of quoted companies in Nigeria using secondary data obtained from the annual reports of forty (40) companies. The study employed the multiple regression techniques to analyze the relationship between investors’ perception...
The role of board characteristics on the relationship between International Financial Reporting Standards (IFRS) adoption and earnings management: Evidence from China
October 2019
The purpose of this study is to investigate the effect of International Financial Reporting Standards (IFRS) adopting on earning management by considering the role of board size and board independence. Univariate tests and multivariate regression analysis were employed to test whether the level of earnings management is significantly lower after the adoption of IFRS and whether the role of board size and board...
Do economic variables still influence tax compliance intentions of self-employed persons in developing economies? Evidence from Ghana
October 2019
The purpose of this study was to establish whether tax compliance intentions of tax-registered self-employed persons are still influenced by economic variables instead of non-economic variables which are now at the centre stage in tax compliance research. A quantitative research design based on a survey of 453 self-employed persons randomly selected from 15 Small Taxpayers’ Offices across the Greater Accra region...
Effect of tax identification number on revenue generation in Southwest Nigeria
October 2019
This paper examined the effect of tax identification number on revenue generation in south-west, Nigeria. The ex-post facto research design was adopted and the population covered all the states in the Southwest geopolitical zone of Nigeria, out of which three states namely Ekiti, Osun and Ondo States were selected as the study elements using simple random sampling technique. Quantitative secondary data were sourced from...
Factor analysis on IFRS Adoption: A survey study on lenders, users and audit firms’ perspective in West Hararghe Zone, Oromia Regional State, Ethiopia
October 2019
The adoption of International Financial Reporting Standards (IFRS) around the world is occurring rapidly to bring about accounting quality improvement through a uniform set of standards for financial reporting standards and harmonization of reporting procedures. For the same purpose, Ethiopia begins the IFRS adoption process since the year 2014. For this study, 200 questionnaires were distributed and administered to...
The informative value of taxes: The case of temporal differences in tax accounting
August 2019
This work is an overview of empirical research of the last decades in the field of deferred taxes, focusing on their value relevance when making business, investment and financing decisions. The majority of research is derived from the Anglo-Saxon area, where the USA Accounting Standard SFAS No.109 is implemented. According to the relevant literature, Deferred Tax Assets, in contrast to Deferred Tax Liabilities, are...
An assessment of just in time system on the financial performance of manufacturing firms in Nigeria
July 2019
The study examines the effect of Just-in-time on the financial performance of manufacturing organizations in Nigeria. The purpose of the research work is to determine the effect of application of just in time on cost reduction and return on investment of manufacturing firms in Nigeria. Primary data were collected through a self administered questionnaire on knowledgeable sample of employees selected to test the strength...
The influence of tax amnesty programme on tax compliance in Nigeria: The moderating role of political trust
July 2019
The paper examined the influence of tax amnesty programme on tax compliance in Nigeria moderating the effect of political trust. The survey research design was employed to understand the taxpayer's perception of the Voluntary Assets and Income Declaration Scheme (VAIDS). We collected the data through the administration of questionnaires to taxpayers across the most commercial states in Nigeria. The data...
Impact of IPSAS adoption on transparency and accountability in managing public funds in developing countries: Evidence from Liberia
June 2019
International Public Sector Accounting Standards (IPSAS) has become one of the popular tools implemented by governments to ensure greater transparency and accountability globally. This research assesses the impact of IPSAS adoption on transparency and accountability in the use of public funds in Liberia. A survey design using five-point Likert scale questionnaire was employed for collecting the data. Questionnaires were...
Expectation – performance of internal auditors: Examining views from Ghana
May 2019
The study examines the audit expectation-performance gap from the standpoint of the internal audit function from the perspective of a developing economy. It evaluates the audit expectation-performance gap from the perspective of internal audit with the view to providing useful insights, interesting dimensions and innovative perspectives to the Audit Expectation Gap (AEG) debate. A questionnaire survey method was used to...
Effect of tax incentives on the growth of small and medium-sized enterprises (SMEs) in Rwanda: A case study of SMEs in Nyarugenge district
May 2019
The study analyzes the effect of tax incentive on the growth of small and medium-sized enterprises (SMEs) in Rwanda taking SMEs in Nyarugenge as a case study. Qualitative and quantitative research approach was adopted. The population includes 49000 SMEs from agricultural, industrial, services and tourism sectors operating in Nyarugenge district. A sample of 136 SMEs was determined using Silovin and Yemen’s formula...
Taxpayers’ online information privacy concerns, antecedents, and behavior intention
April 2019
More and more individual taxpayers are using the online services of commercial tax software to prepare and file their tax returns electronically. However, online tax return does have risks, especially the risk of information privacy evasion. Little research has been conducted on the linkage between taxpayers’ online information privacy concerns (TOIPC) and taxpayers’ behavior intentions, and factors...
Determinants of profit shifting by multinational companies in developing countries: A case of Rwanda
April 2019
The objective of this study is to examine the determinants of profit shifting by multinational enterprises in Rwanda. The study specifically sought to determine the extent to which finance costs, intra group transactions / services costs and royalty expense influence profit shifting by multinational companies in Rwanda. Profit shifting was measured on the basis of total cost as well as taxable income reported by...
Firm specific determinants of financial distress: Empirical evidence from Nigeria
March 2019
This paper in an attempt in answering the basic research question on what actually determines financial distress of firms in the manufacturing sector in the country employed the fully modified ordinary least square (FMOLS) on annual time series data of eighteen listed manufacturing firms on the Nigeria stock exchange (NSE) which was obtained from their audited financial statement. The endogenous variable used in the...
Analysing the profitability and the relations among its determinants of the retail sector: Evidence from Greece
February 2019
This study aimed to investigate the existence of differences in retail firms’ strategy towards accomplishing profitability targets. By using data of Greek retail sector, we find that profitability, evaluated in terms of return on equity, as well as the average sales growth rate, does not differ statistically within the sub-sectors of the Retail Sector. However, significant differences not only among the...
Practical documentation of qualifying research activities for the SR&ED tax credit
January 2019
The Canadian tax program for Scientific Research and Experimental Development (SR&ED) is a crucial component of Canadian economic policy as it encourages domestic companies to engage in risk-taking initiatives through tax incentives such as credits. While the SR&ED program has evolved over the decades, the SR&ED Five Questions have established the principal criteria that determine the eligibility of an...
Accounting information and dividend payout prediction in Nigerian listed manufacturing firms
January 2019
Investors’ curiosity on the worth of their investment could be resolved with the availability of sufficient information in predicting their returns and security. Several studies linked dividend payout to the performance of manufacturing firms in Nigeria but a few considered information as a signal to performance not necessarily to dividend. This paper examined the usefulness of accounting information in predicting...
Operational efficiency and financial sustainability of listed manufacturing companies in Nigeria
January 2019
This study investigates the impact of operational efficiency on the financial sustainability of listed manufacturing companies in Nigeria. The recent economic crisis in Nigeria has caused an alarming decline in financial sustainability indicators of manufacturing companies. Managers are forced to make efficient use of resources to maximize profitability so as to cope with and compete in the harsh economic condition....
Bankruptcy prediction and homogeneity of firm samples: The case of Greece
December 2018
This paper explores the prediction of bankruptcy of Greek retail and wholesale trade companies and, in particular, the relation between the forecasting ability of the Logit model and the degree of homogeneity of the samples of bankrupt and healthy companies. A sample of 119 bankrupt companies was matched with an equal sample of healthy companies for the period 2003-2014, based on year, sector, and sub-sector, which was...
Utilization of personal tax relief schemes: An empirical analysis in the context of tax evasion
November 2018
This study departs from focusing on the level of tax relief utilization by focusing on the factors contributing to the low trends and how utilization of personal tax relief can influence tax evasion from the premises of the Allingham-Sandmo (A-S) theory. This study considered respondents working within the formal sector of Ghana. Data was collected through the use of questionnaire after the stratified sampling technique...
Capital structure and corporate financial distress of manufacturing firms in Nigeria
September 2018
This paper investigated the effect of capital structure on corporate financial distress of manufacturing firms in Nigeria by employing panel corrected standard error (PCSE) technique. The variables used in the study are corporate financial distress, capital structure, firm size, assets tangibility, revenue growth, profitability and age of firms. The outcome of the research reveals that capital structure affects...
The effects of corporate governance codes in curbing fraudulent activities in private organisations in Nigeria
September 2018
The rise of accounting scandals has prompted the need to improve the relevance of financial reporting by setting up good corporate governance structures. The relationship between corporate governance and fraudulent activities has been strongly debated in the developed countries. It is recently that attention has turned to the study of corporate governance and financial reporting in developing countries. This paper...
Page 2 of 4, showing 50 records out of 196 total, starting on record 51, ending on 100
