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1 – 10 of 86Mahdi Salehi, Nasrin Ziba and Ali Daemi Gah
The purpose of this paper is to investigate the relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange.
Abstract
Purpose
The purpose of this paper is to investigate the relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange.
Design/methodology/approach
Data of all Iranian manufacturing listed companies gathered for testing hypotheses during 2010–2016 and R statistical software are employed in order to analyzing data.
Findings
The results of this study indicate that there is a significant relationship between administrative, sale, material, labor and overhead costs and the financial reporting qualities of the companies under study.
Originality/value
The study focuses on relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange, which is the first study of its type in Iran.
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Mahdi Salehi, Mohamad Reza Fakhri Mahmoudi and Ali Daemi Gah
The purpose of this paper is to demonstrate a deeper understanding about the reasons behind difference in previous studies’ results in the field of audit quality determinants.
Abstract
Purpose
The purpose of this paper is to demonstrate a deeper understanding about the reasons behind difference in previous studies’ results in the field of audit quality determinants.
Design/methodology/approach
A meta-analysis method is employed in which 52 studies including 40 international studies from authentic scientific articles during the year 2000–2015 and 12 national studies out of authentic national scientific articles from 2001 to 2015 are taken to account as sample studies. Audit firm size, auditor tenure and auditor specialization are set as independent variables and audit quality is the only dependent variable in the current paper.
Findings
The results indicate that audit firm size and auditor specialization are positively associated with audit quality. In other words, contracting with larger audit firm and specialized auditor results in delivering higher quality audit services.
Originality/value
The current study is the first study to be conducted in the field of audit quality determinants. The results may be beneficial both for standard setters as well practitioners in a way that it provides evidence that contributes to basis policy and audit-standard makers about domination and determinants of audit quality.
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Mahdi Salehi, Ali Daemi and Farzana Akbari
This study aims to examine the effect of managerial ability on product market competition and corporate investment decisions, specifically, on risk-taking and investment…
Abstract
Purpose
This study aims to examine the effect of managerial ability on product market competition and corporate investment decisions, specifically, on risk-taking and investment efficiency.
Design/methodology/approach
The primary measure of managerial ability is Demerjian et al. model. In this study, Herfindahl–Hirschman Index is used to measure product market competition. Regression analysis is used to examine the association between corporate risk-taking and over-investment of free cash flow and product market competition and managerial ability.
Findings
Using firm-year observations from 2011 to 2015, the paper findings suggest that competition discourages managers to invest in risky investment. The study also found that managerial ability has no effect on the association between product market competition and investment decision.
Originality/value
The current study almost is the first study which is conducted on this subject; the results may give strength to further studies.
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Mahdi Salehi, Ali Daemi Gah, Farzana Akbari and Nader Naghshbandi
The purpose of this study is to analyze the predictability of firm level data for determining macroeconomic indicators such as unemployment.
Abstract
Purpose
The purpose of this study is to analyze the predictability of firm level data for determining macroeconomic indicators such as unemployment.
Design/methodology/approach
This study uses quarterly GDP and unemployment data manually collected from the Statistical Center of Iran (SCI). Accounting numbers are also collected from the Tehran Stock Exchange library for the 2004-2015 period. Dispersion of earnings growth provides related data about labour reallocation, unemployment change and finally aggregate output. To summarize, this study attempts to examine the effect of these variables using classical and Bayesian approaches.
Findings
At a firm level, our results suggest that sectoral shift in previous years is likely to increase labour reallocation in subsequent years. At the macro level, the results reveal that dispersion of earnings growth and labour reallocation has a negative and positive impact on unemployment changes, respectively. However, the study suggests no significant relationship between stock return and unemployment changes. Consequently, we determine that the real estimates of macroeconomic indicators have predictive power because nominal estimates are not statistically associated with firm-level details. Finally, the results obtained from classical and Bayesian approaches suggest similar findings, thus confirming the robustness of our conclusions. Note that, based on Bayesian approach, the nominal reallocation has predictive power in unemployment rate.
Originality/value
The study is the first conducted in a developing country and the results provide important insight into current line of accounting literature.
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Mahdi Salehi, Farzaneh Komeili and Ali Daemi Gah
There is a few studies about stickiness and changes in audit fees. In previous studies, researchers focused on fees behavior, which is expected to change in the short term…
Abstract
Purpose
There is a few studies about stickiness and changes in audit fees. In previous studies, researchers focused on fees behavior, which is expected to change in the short term, regardless of mentioning stickiness of fees and its possible changes. In this study, the authors investigate stickiness of audit fees and the influential factors, specifically audit quality and financial crisis in an emerging economy.
Design/methodology/approach
Audit quality is examined under three main criteria, namely, auditor size, auditor industry specialization and auditor tenure. The Altman adjusted bankruptcy model is used to identify firms’ financial crisis. In this study, listed companies in Tehran stock exchange market is investigated during the period of 2009-2015. Multiple regression models are used to test research hypotheses. Furthermore, Chow and Hausman tests are selected to choose among hybrid, fixed and random effects models.
Findings
The findings show no significant relationship between audit quality and audit fees stickiness. The authors also find that financial crisis has no impact on the association between audit quality and audit fees stickiness.
Originality/value
The current study almost is the first study, which conducted in emerging market of Iran. So, the results may play a helpful role for developing nations.
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Kate Fletcher and Emma Dewberry
The Design for the Environment Multimedia Implementation Project – demi – links design and sustainability information in a Web‐based resource and was set up in response to a…
Abstract
The Design for the Environment Multimedia Implementation Project – demi – links design and sustainability information in a Web‐based resource and was set up in response to a number of UK Government reports which highlighted the dearth of knowledge and activity about sustainability in higher education design courses across the country. This paper details the design and development of demi, discussing its content, structure and educational potential. Also included is an investigation of design and sustainability pedagogy, which discusses the importance to the demi Web‐resource of a sustainability (rather than design) context and an exploration of the possible transferability of the demi structure to other disciplines, promoting practical and widespread action in education for sustainability.
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Keberkesanan penyampaian sesuatu maklumat memerlukan individu, alat mahupun saluran yang unggul dan bersesuaian. Usaha ini haruslah dirancang dan dipertimbangkan dengan teliti…
Abstract
Keberkesanan penyampaian sesuatu maklumat memerlukan individu, alat mahupun saluran yang unggul dan bersesuaian. Usaha ini haruslah dirancang dan dipertimbangkan dengan teliti oleh pihak tertentu agar setiap apa yang ingin disampaikan dan dilaksanakan itu dapat diberigakan dengan mudah dan berkesan. Dari itu, penggunaan bahasa retorik dilihat sebagai batu loncatan yang memberikan keyakinan dan tahap keberkesanan yang tinggi bagi sesebuah wacana yang disampaikan tersebut. Kewibawaan retorik sebagai seni yang mempengaruhi bukan sahaja berperanan untuk memperkukuhkan kekuasaan mahupun mempengaruhi fikiran dan emosi orang lain namun sebaliknya mampu menstimulasikan keseimbangan hubungan sosial yang terbentuk melalui sistem pemerintahan sesebuah negara. Melalui penyelidikan ini, setiap ciri khas retorik dapat diketengahkan dengan menghuraikan peranan dan fungsi-fungsi yang dimainkan oleh jenis-jenis retorik dalam penulisan sesebuah wacana. Hal ini khusus bagi mengilustrasikan idea, gagasan mahupun suatu fakta terhadap sesuatu pendekatan dengan cara yang kreatif dan terbaik. Di samping itu, keutamaan bagi penerapan bahasa retorik dalam perutusan kerajaan seharusnya dapat diperkasakan sewajarnya dengan menjadikannya sebagai anjakan paradigma ke arah perpaduan dan nilai kesaksamaan dalam masyarakat. Justeru, kajian ini memanfaatkan Teori Retorik Moden oleh Enos dan Brown (1993) sebagai landasan utama dalam menganalisis sejumlah 20 perutusan rasmi berkaitan jangkitan covid-19 di Negara Brunei Darussalam. Berdasarkan pemerhatian dan penganalisisan yang dijalankan, hanya empat jenis retorik yang diaplikasikan dalam wacana tersebut. Kesimpulan statistik merangkumi 34% teknik pendedahan, 30% teknik penerangan, 33% teknik pemujukan dan hanya 3% bagi teknik penghujahan. Dapatan penyelidikan ini membuktikan bahawa penggunaan bahasa retorik dalam perutusan rasmi kerajaan adalah amat penting dalam memperkukuhkan sistem pemerintahan negara serta mampu melestarikan cara hidup yang relevan dan berkualiti.
The effectiveness of delivering information requiresindividuals, tools or channels that are superior and appropriate. This effort must be planned and considered carefully so that everything that is to be conveyed and implemented can be conveyed easily and effectively. Therefore, the use of rhetorical language is regarded as a stepping stone that provides confidence and a higher level of effectiveness. `Rhetoric as an influential art not only plays a role in strengthening power or influencing the thoughts and emotions of others but also stimulate sthe balance of social relations. Through this research, each rhetorical feature is highlighted to discuss its role and functions in the discourse. Using Enos and Brown’s Modern Rhetorical Theory (1993), a total of 20 official conferences on the latest developments of the spread of covid-19 infection were discussed. Findings have shown that there were four main types of rhetoric, i.e. Statistical conclusions which include 34% of expository techniques, 30% of descriptive, 33% of persuasion and only 3% for argumentation techniques. This also implies that rhetoric language is very important in ensuring the dissemination of knowledge among the institution and people is effective and and transparent.
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Debbie Ollis, Leanne Coll, Lyn Harrison and Bruce Johnson
Pendant les vingt dernières années la République Populaire de Bulgarie a réalisé des succès considérables dans le développement du tourisme : ils concernent non seulement…
Abstract
Pendant les vingt dernières années la République Populaire de Bulgarie a réalisé des succès considérables dans le développement du tourisme : ils concernent non seulement l'édification de l'infrastructure et la superstructure touristique mais aussi l'augmentation du nombre des paricipants — étrangers et autochtones — dans le flux touristique. Les don‐nées statistiques dans les rapports précédents soulignent très clairement ce fait.
Burgeoning research indicates that career and postsecondary educational aspirations are salient among rural African American high school students. Yet, factors and processes that…
Abstract
Burgeoning research indicates that career and postsecondary educational aspirations are salient among rural African American high school students. Yet, factors and processes that lead to their success as college students remain unclear, despite accumulating evidence suggesting the need to understand these students' college experiences. The dearth of scholarship elucidating the postsecondary experiences of African American students from rural backgrounds is particularly striking given the extensive research about the college experiences of African American students from urban and suburban locales. This chapter, grounded in W.E.B. Du Bois's Double Consciousness theory and qualitative in nature, focuses on the college experiences of rural African Americans who successfully operated simultaneously within White and Black communities in postsecondary educational settings.
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