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1 – 10 of over 2000Sakshi Sachdeva and Latha Ramesh
Purpose: This research discusses the importance of corporate social responsibility (CSR) and its link to a financial performance metric called net interest margin (NIM) in the…
Abstract
Purpose: This research discusses the importance of corporate social responsibility (CSR) and its link to a financial performance metric called net interest margin (NIM) in the context of non-banking financial companies (NBFCs). CSR initiatives can lead to long-term sustainability and improved financial performance, attracting investors seeking to align their investments with their values.
Need for the Study: The research composes portfolios based on financial companies’ CSR performance and NIM ratios to help investors understand the difference between CSR and financial performance, making investment decisions based on their portfolio goals and values. Striking a balance between sustainability and the financial performance of financial companies, will help investors find a suitable balance between portfolios for investment purposes.
Methodology: The authors used data from 55 financial companies for daily returns from 2014–2015 to 2021–2022 and used descriptive statistics to measure the performance of portfolios.
Findings: The findings suggest that financial companies in India have improved their CSR scores over time, indicating an increased focus on integrating socially responsible practices into their operations. The data also show that NBFCs are catching up with banks regarding CSR scores, and some NBFC portfolios even outperform banks regarding returns. However, the study also highlights the need for some companies to focus more on CSR and business operations.
Practical Implications: The results serve as a benchmark for financial companies to assess their relative CSR performance, highlighting the need for companies to focus on integrating socially responsible practices into their operations and guiding areas where companies can improve.
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This chapter discusses and investigates the sustainability reporting across different sectors. The first section discusses and investigates the relationship between sustainability…
Abstract
This chapter discusses and investigates the sustainability reporting across different sectors. The first section discusses and investigates the relationship between sustainability reporting and primary sector's performance (Agriculture and Food Industries Sector and Energy Sector). The second section discusses and investigates the relationship between sustainability reporting and secondary sector's performance (Manufacturing Sector). The final section discusses and investigates the relationship between sustainability reporting and tertiary sector's performance (Banks and Financial Services Sector, Retail Sector, Telecommunication and Information Technology Sector, and Tourism Sector).
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Abu Shiraz Abdul‐Rahaman, Sonja Gallhofer, Jim Haslam and Stewart Lawrence
The resurgence of interest in public sector accounting has been evident in the significant growth of the literature concerning both developed and developing countries. Literature…
Abstract
The resurgence of interest in public sector accounting has been evident in the significant growth of the literature concerning both developed and developing countries. Literature reviews in the area, however, have only focused on the former thus leaving a gap which has been overlooked for some time. This paper begins to respond to this lack in the literature by critically assessing research on public sector accounting and financial management in developing countries. The paper elaborates the various views expressed by writers in the field and also identifies omissions in terms of themes, methodologies, and methods. In particular, we argue that most of the mainly non‐empirical studies in the literature have been influenced to a very large extent by development economics thinking (including theories the relevance of which have been significantly questioned in that discipline). We conclude by offering some suggestions for future research in the area.
The last chapter of this book grouped the studies that discusses and investigates the relationship between sustainability reporting and firm performance in three different…
Abstract
The last chapter of this book grouped the studies that discusses and investigates the relationship between sustainability reporting and firm performance in three different regions: Europe, Mena and Africa. In Europe, the findings deduced from the empirical results demonstrate that there is significant positive impact of ESG on the performance. However, the relationship between ESG disclosures varies if measured individually; the environmental disclosure positively affects the ROA and TQ, whereas the corporate social responsibility disclosure negatively affects the three models. However, the corporate governance disclosure negatively affects the ROA, ROE and positively affect the Tobin's Q. In Mena, the empirical results show that there are differences in the impact of sustainability reporting (ESG) on firm's operational performance (ROA), financial performance (ROE) and market performance (TQ) between the sectors. Lastly, the findings from Africa show that there is a significant relationship between ESG and operational performance (ROA) and market performance (TQ) with ROA and TQ varying directly with the level of ESG disclosure. However, there is no significant relationship between ESG and financial performance (ROE).
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Fateme Jafari and Ahmad Keykha
This research was developed to identify artificial intelligence (AI) opportunities and challenges in higher education.
Abstract
Purpose
This research was developed to identify artificial intelligence (AI) opportunities and challenges in higher education.
Design/methodology/approach
This qualitative research was developed using the six-step thematic analysis method (Braun and Clark, 2006). Participants in this study were AI PhD students from Tehran University in 2022–2023. Purposive sampling was used to select the participants; a total of 15 AI PhD students, who were experts in this field, were selected and interviews were conducted.
Findings
The authors considered the opportunities that AI creates for higher education in eight secondary subthemes (for faculty members, for students, in the teaching and learning process, for assessment, the development of educational structures, the development of research structures, the development of management structures and the development of academic culture). Correspondingly, The authors identified and categorized the challenges that AI creates for higher education.
Research limitations/implications
Concerning the intended research, several limitations are significant. First, the statistical population was limited, and only people with characteristics such as being PhD students, studying at Tehran University and being experts in AI could be considered the statistical population. Second, caution should be exercised when generalizing the results due to the limited statistical population (PhD students from Tehran University). Third, the problem of accessing some students due to their participation in research grants, academic immigration, etc.
Originality/value
The innovation of the current research is that the authors identified the opportunities and challenges that AI creates for higher education at different levels. The findings of this study also contribute to the enrichment of existing knowledge in the field regarding the effects of AI on the future of higher education, as researchers need more understanding of AI developments in the future of higher education.
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Yi Liu, Christopher Chan, Chenhui Zhao and Chao Liu
This study aims to empirically examine knowledge management practices in China with the purpose to provide a holistic view regarding the current status of knowledge management at…
Abstract
Purpose
This study aims to empirically examine knowledge management practices in China with the purpose to provide a holistic view regarding the current status of knowledge management at both national and organizational levels.
Design/methodology/approach
Using a survey method, this study collected primary data from organizations across several regions in China. The data were analyzed to detect possible relationships among institutional force, organizational culture and knowledge management process in Chinese organizations. More specifically, to what extent are these relationships moderated by national culture?
Findings
While knowledge management practices in China were partly influenced by institutional forces, most of the predicted connections between organizational culture and knowledge management were supported. In addition, the dynamic nature of national culture is predominant, that pervasively influencing knowledge management processes and thus contextualization determines how knowledge is being managed in China. Indeed, the ideologies of relationships and trust are key vehicles for knowledge management in the Chinese organizations.
Practical implications
This study comprehensively reviews existing literature to form an integrative framework, which is under explored in a Chinese context. Such initiative helps scholars and practitioners to gain a full understanding of knowledge management, in general, in the Chinese business environment in particular.
Originality/value
This paper provides a detailed and empirical insight into the knowledge management practices in Chinese organizations and suggests that knowledge management in a distinctive and yet diverse cultural context should be considered with caution.
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Describes how there has been growing concern in recent years regarding environmental protection and conservation in the field of tourism, and how, within this context measures are…
Abstract
Describes how there has been growing concern in recent years regarding environmental protection and conservation in the field of tourism, and how, within this context measures are being taken to reduce the conflicts between tourism and the environment through the environmental audit approach. Advocates that, in the changing global business environment, there is a need to assess the contributions of the tourism industry in providing a pollution‐free environment. The social cost should be measured in terms of the cost of rectifying the damage done in the form of a polluted environment. There is need to change the parameters by which success in tourism is measured. Believes that many of the conflicts between tourism and environment can be resolved by an environmental audit approach.
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The human resource valuation system cannot be considered to be a complete system of accounting unless it is followed by an equally competent system of auditing. Application or use…
Abstract
The human resource valuation system cannot be considered to be a complete system of accounting unless it is followed by an equally competent system of auditing. Application or use of human resource accounting, therefore, must also be followed by a separate HR audit to ascertain whether or not the performance of the managers has been true and fair in the overall interests of the organization they serve. The application and usefulness of human resource valuation depends on the future efforts and experiments to be made by practising managers, accountants and academicians. It also needs support from the professional bodies and government. In the absence of human resource valuation, the management may not realize the negative effects of certain programmes aimed at improving profits in the short run. Such programmes may result in decreased value of human assets due to a fall in productivity levels, high labour turnover and low morale. Audit of human resources could help in finding out the efficiency of every segment. Human resource audit could enable the appraisal of the performance of various managers. The basic function and management of human resources is also greatly facilitated. Hence human resource valuation and audit activity could be helpful in improving the efficiency of human resources in the changing business scenario.
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Despite the dominating role which the public sector has played in the transition of the Indian economy, it still suffers from poor managerial efficiency which has an adverse…
Abstract
Despite the dominating role which the public sector has played in the transition of the Indian economy, it still suffers from poor managerial efficiency which has an adverse impact on the financial and operational performance. As a result of this, there is a constant demand from public enterprise managers for increased autonomy in order to ensure better efficiency and effectiveness in public enterprises. The system of MOU and Management Audit by articulating the missions, objectives and expected results along with the methods of performance evaluation goes a long way towards improving the performance of public enterprises. Hence by adopting these strategies public sector management in India is shaping up to face turbulent times.
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H. Maama, J. O. Akande and M. Doorasamy
There are growing concerns about the environmental activities of firms and their accountability towards reporting on such activities against the background of the voluntary…
Abstract
There are growing concerns about the environmental activities of firms and their accountability towards reporting on such activities against the background of the voluntary reporting regimes. As a result, the motivation for this study is to investigate the role of NGOs' (nongovernmental organisations) engagement in influencing firms' environmental accounting disclosures using data of listed firms in Ghana. Environmental disclosure scores were constructed through content analyses from 422 annual reports of the listed firms with NGO engagements surrogated with dummy variables, capturing firms' acknowledgement of their engagements with NGOs and the data analysed using the two-step generalised method of moments. The results provided evidence to show that NGOs' engagement is positive and significantly influence firms' environmental reporting practices. Further analyses confirming profitability, leverage and market share prices among others are significant for explaining environmental disclosures. This is regarded as the first study to investigate the relationship between NGOs as stakeholders and the quality of environmental accounting disclosures. The findings provided comprehensive implications for policies that could further strengthen pressure groups to deal with environmental degradation through firms' activities.
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