Showing 1–12 of 27 results
A New Activity-Based Financial Cost Management Method
The standard activitرایگان!
The standard activity-based financial cost management model is a new model of financial cost management, which is on the basis of the standard cost system and the activity-based cost and integrates the advantages of the two. It is a new model of financial cost management with more accurate and more adequate cost information by taking the R&D expenses as the accounting starting point and after-sale service expenses as the terminal point and covering the whole producing and operating process and the whole activities chain and value chain aiming at serving the internal management and decision.
Accounting and the management of power: Napoleon’s occupation of the commune of Ferrara (1796–1799)
This study, which isرایگان!
This study, which is informed by Foucault’s concept of governmentality, identifies the systematic ties between political discourse, forms of rationality and technologies of government during the first period that Napoleon governed Ferrara in northern Italy (1796–99). The study identifies a decoupling between ‘political discourses, rhetoric and language’ and the use of ‘technologies of government’. The results enhance understanding of the translation of politics and power into a set of administrative tasks and calculative practices to secure power in modern public sector settings today. In the neo-liberal prescriptions for the modern State which demand a much diminished role and presence for the government in the lives of its citizens, societies, organizations and their management are tending to be more and more concerned with surveillance made operable through power.
Activity-based Management in France: A focus on the information systems department of a bank
The aim of the paperرایگان!
The aim of the paper is to describe the Activity-based Costing and Management methods applied in France. For that purpose, we use a literature review and a case study. In a first time, we analyse the origins of the methods and their diffusion. Then we present the French situation. Finally, we propose a case study that takes place in a French bank. Our paper shows that the ABC and ABM methods are as developed in France as in the Anglo-Saxon countries and that the methods are strategically oriented.
Analysis of Islamic Bank’s Financing and Economic Growth: Case Study Iran and Indonesia
The purpose of thisرایگان!
The purpose of this paper is to examine the short-run and the long-run relationships between Islamic banking development and economic growth in the case of Iran and Indonesia, with this regard we use quarterly data (2000:1-2010:4), this paper utilizes the bound testing approach of cointegration and error correction models, developed within an autoregressive distributed lag (ARDL) framework. Also in this paper addresses some of the issues and challenges that Islamic banking has been facing in Iran. It also seeks to examine modes of Islamic financing and the commitment of commercial banks to implement the Islamic banking law. The results show a significant relationship in short-run and long-run periods between Islamic financial development and economic growth. The relationship appears to be bi-directional relationship. This paper uses empirical evidence to show the role of Islamic banks’ financing towards economic performance of a country.
Antecedents of Task Innovation: The role of Management Information Systems
In the current econoرایگان!
In the current economic crisis, organizations’ information processing capabilities are challenged by additional and diverse demands. In this context, banks attempt to develop and apply more sophisticated and comprehensive Management Information Systems (MISs), in order to exploit their innovation competences and build a sustainable competitive advantage. This paper explores the antecedents of task innovation, reflected on (MIS) effectiveness, which was operationalised by the Competing Value Model (CVM). CVM synthesizes four different schools of management in order to measure IS effectiveness: open system (OS), human relations (HR), internal process (IP) and rational model (RM). Drawing from a sample of 186 bank employees in Greece, a structural model has been built and estimated using Partial Least Squares. Findings reveal that the HR component characterized by interpersonal communication, group decision making, team collaboration and personalization is the most important predictor of task innovation (TI). The RM dimension of MIS effectiveness based on optimizing, goal setting and forecasting has an indirect effect on HR via the OS and IP elements. The rest MIS effectiveness components (OS, IP) are indirectly associated with task innovation, through HR dimension.
Audit opinion and earnings management: Evidence from Greece
This study examinesرایگان!
This study examines the relationship between audit opinions and earnings management, as measured by discretionary accruals, for listed firms on the Athens Stock Exchange (ASE). We divide the qualified audit opinions into two categories: qualified for the going-concern uncertainty and qualified for other reasons. The results indicate that audit opinions are not related to earnings management. Client financial characteristics, such as profitability and size are determinants of the going-concern audit opinion decision. The decision of auditors to issue qualified opinions for other reasons is explained by the type of audit opinion issued in the previous year.
Auditor industry specialization, board governance, and earnings management
Purpose – The purposرایگان!
Purpose – The purpose of this study is to investigate the interaction effect of auditor industry specialization and board governance on earnings management. This study examines whether board independence is more or less effective in constraining earnings management for firms audited by industry specialists than for firms audited by non-specialists. Design/methodology/approach – The US data were collected from the RiskMetrics Directors database and the Compustat database. Regression analysis was used to test the research proposition. Findings – It was found that earnings management is more negatively associated with board independence for firms audited by industry specialists than for firms audited by non-specialists, consistent with the notion that there is a complementary relationship between auditor industry specialization and board governance. The findings suggest a positive interaction effect of auditor industry specialization and board governance on accounting quality .Originality/value – This study contributes to the literature by documenting explicit evidence that high quality boards can be more effective through hiring industry specialist auditors. This study also suggests that it may be worth investigating the interaction effect among different corporate governance mechanisms on accounting quality.
Corporate Informatics and Strategic Management
Paper provides inforرایگان!
Paper provides information about the most important international standards regarding corporate informatics and strategic management, i.e. ISO/IEC 38500, ISO 20000, IT Governance. Paper provides the most important information about these standards and try to make a link among them and map it to the management levels in the company. The final result of this paper is a new visualization of links among standards and finding, that the international standard ISO/IEC for IT Governance represents an effective tool of corporate informatics management on the strategic level. To make it usable for corporate informatics management as a whole, it is useful to integrate its processes with those of tactical and operational management.
Dilemma between economic development and energy conservation: Energy rebound effect in China
Promoting technological development to improve energy efficiency has been the primary method of energy conservation in China. However, the existence of energy rebound effect will impose negative effects on the final result of energy saving. In this article, we adopt the Malmquist index approach to estimate the contribution of technological progress to economic growth. We also employ Logarithmic mean weight Divisia index (LMDI) to measure the impact of technological improvement on the energy intensity. Based on the above, we set up a model to estimate the technology-based energy rebound effect in China. The results show that, over 1981e2009, energy rebound effect amounts averagely to 53.2%, implying that China cannot simply rely on technical means to reduce energy consumption and emission. Economic instruments should also be applied as supplements to ensure results of energy conservation and emission reduction.
Information asymmetry and capital structure: Evidence from regulation FD
This study uses Reguرایگان!
This study uses Regulation Fair Disclosure (FD) as a plausibly exogenous shock to the information environment to identify the causal effect of information asymmetry on corporate financing behavior. Although Regulation FD prevents firms from selectively disclosing material information to market professionals in the equity market, firms can still do so to banks and rating agencies in the debt market. The standard’s differential disclosure requirements lead to differential changes in the information environments between the two markets, providing a reasonably useful setting to examine the effect of information asymmetry on firms’ capital structure. I find that firms with a high level of information asymmetry increase debt more than firms with a low level of information asymmetry post-Regulation FD. The results suggest that managers adjust the target leverage ratios to rely more on debt when facing higher costs of equity.
Knowledge Workers and the Principle of 3S (Self-management, Selforganization, Self-control)
Knowledge workers arرایگان!
Knowledge workers are highly regarded by employers for their innovation and creativity. Due to the intangible character of knowledge, managing knowledge workers requires different approaches, tools and methods than managing non-knowledge workers. There is a broadly shared idea that knowledge workers require less autocrative, more autonomous style of management than non-knowledge workers. The article gives the theoretical background of the term knowledge worker and covers the part of the research on knowledge workers dedicated to the autonomy of knowledge workers. The autonomy was examined by the question concerning so called 3S. 3S means self-management, self-organization and self-control. The hypothesis is that knowledge workers prefer more autonomous work and prefer to work on the principle 3S. The article discusses answers of 457 respondents, knowledge workers of different professions. The result of the survey indicates that the shift in managerial styles is happening.