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The purpose of this paper is to identify the contextual factors affecting infrastructure reporting by New Zealand local authorities.

The paper includes a survey and interview of Annual Report Recipients (ARRs) and Infrastructure Information Preparers (IIPs), together with an assessment of the extent of infrastructure information disclosure in the annual reports of New Zealand local authorities.

This study finds that contrary to the expectations of Lüder’s contingency model (1992), there is an information dissemination gap between the perceptions of ARRs and IIPs regarding infrastructure information reporting in the annual reports of New Zealand local authorities. This finding is consistent with decades of concern about the application of private sector Generally Accepted Accounting Principles to the public sector and the Controller and Auditor General’s (CAG, 2009) concern about the inadequacy of private sector General Purpose Financial Reports in meeting public sector accountability. On the other hand, the study reports that the perceptions of the two groups, ARRs and IIPs, are similar with regard to the importance of infrastructure information items, which is consistent with the expectations of Lüder’s model.

The paper contributes towards theoretical development by adopting Lüder’s (1992) contingency model in the context of infrastructure reporting by New Zealand local authorities and proposing a model of contextual factors by extending Lüder’s model. The practical contribution of the study is in the area of accounting practice and public policy.

This chapter explores the fascinating relationship between the way we speak (our accents) and who we are (our identities) by investigating the ways in which accent is used in The Archers in the process of characterisation. It begins by describing the link between accent and identity in everyday life, arguing for a perspective in which the way we speak is seen as contributing to the active performance of our identities rather than something through which our identities are passively reflected. The main part of the chapter describes two small studies into the ways in which The Archers both uses and reinforces existing language-based stereotypes in order to help in its presentation of clear and recognisable characters.

Kato & Long state that executive compensation has attracted much attention from economists in the past two decades yet most academic work on executive compensation has been concentrated on a few developed countries such as the USA and the UK, mainly due to data availability. In light of the mounting interest in the vital role that corporate governance may play in economic development, however, it is of considerable importance to study how firms in developing countries compensate their top executives. In particular, for transition economies struggling to transform their state‐owned enterprises (SOEs) into profitable modern firms through various reform measures, the provision of efficient managerial incentives is a crucial ingredient of the successful transition of the economy. Since executive pay‐performance link represents the bulk of managerial incentives for top management, a closer look at the nature of pay‐performance link for top management in transitional economies will provide much needed information for the evaluation of the current reform effort and the designing of future reform measures. This paper seeks to address these issues.

A review of available literature for this topic was sourced, collated and summarised.

The significant pay‐performance link for top management in China's listed firms is overall encouraging news for current policy makers in China, who consider public listing in the stock market as a key mechanism of achieving such a goal for large SOEs. However, not all news is good. Perhaps most importantly, they have found that government ownership of China's listed firms is weakening pay‐performance link for top managers and thus possibly making China's listed firms less effective in solving the agency problem.

Taken in context with other literature and research, this paper provides an insight into the link between Chinese state‐owned enterprises (SOEs) and other publicly listed firms and executive remuneration.

The purpose of this paper is to investigate the potential impact of the approved Australian carbon emissions reduction plan on the cost of capital and the association between companies’ carbon emission intensity and the cost of capital.

A sample of Australian Stock Exchange 200 (ASX 200)-indexed companies from 2006 to 2010 is used. Hypotheses are tested based on Heckman’s two-stage approach. Three regression models are developed to examine the association between carbon emissions and the cost of capital.

Using a sample of ASX 200-indexed listed companies, the paper finds that the cost of capital, including the cost of debt and the cost of equity, will increase for emissions-liable companies. Results also show that the cost of debt is positively correlated with a company’s emission intensity. However, little evidence supports that the emission intensity affects the cost of equity.

As it is evident that the emissions reduction plan will adversely affect corporate entities’ cost of capital, this study suggests that companies, investors and lenders need to include carbon emission in risk analysis. An emissions-liable company should establish strategies to combat the impact of the Plan on rising cost that comes with the enforcement of the Plan. Government assistance is essential in the transitional period.

Purpose – The purpose of this study is to empirically examine the extent of adoption of International Financial Reporting Standards (IFRS) within three major South Asian countries – India, Pakistan and Bangladesh.

Design/methodology/approach – We selected 566 non-financial listed companies for the financial year 1997–1998. Fifty-two measurement practices and 72 disclosure practices were drawn from 15 commonly adopted IFRS.

Findings – We find that the overall level of adoption of IFRS regarding measurement and disclosure practices is higher in Pakistan compared with India and Bangladesh. We also find that the adoption level is high for inventories, income statement for the period, research and development costs, retirement benefit costs, foreign currency translations, business combination and accounting for investment in associates, whereas the adoption level is low in the areas of cash flow statements, taxes on income, property, plant and equipment, accounting for leases, accounting for government grants, borrowing costs and consolidated financial statements.

Originality/value – Adoption of IFRS issued by the International Accounting Standards Board (IASB) by listed companies has been a subject of immense interest among accounting standard setters, practitioners and academics throughout the world. South Asian countries have adopted IFRS, either fully or with minor modifications, with a view to improving the quality of financial reporting. This article is one of few that examines this important issue and concludes with some suggestions for improving the adoption levels within South Asia.

This study attempts to examine the issues relating to corporate financial reporting of Chinese listed companies under specified institutional settings as companies with different share‐categories are required to prepare annual reports under various General Accepted Accounting Principles (GAAP).

This study selects Chinese companies that issue negotiable shares to examine whether corporate disclosure patterns are different under various institutional settings. Negotiable shares can be traded on stock exchanges and are divided into A‐, B‐ and H‐shares. The extent of corporate disclosure is obtained from the content analysis of annual reports for 191 sampled Chinese listed companies with various share categories. The association are hypothesized and tested between the level of corporate disclosure and the following corporate determinants: company size, profitability, auditor, leverage, industry and ownership structure.

The extensive regulations and different standards influence on disclosures of companies with foreign investment participation and overseas listing status. By reconciliation of their annual reports according to the IFRSs or the GAAP of the listing country, these companies increased information disclosure voluntarily in order to enhance their reputation and credibility. Some corporate factors, such as company size, profitability and the size of auditor, have influenced the level of corporate disclosure in annual reports of domestic and foreign share‐based companies. Ownership structure has positive impact on the level of disclosure for companies with domestic investors.

This study advances knowledge of the influence that legislative circumstances and ownership structures can have on disclosure decisions made by management in their annual reports. This information is of high interest to domestic and foreign investors and regulators in understanding of financial reporting in Chinese listed companies.

This paper examines accounting harmonisation and determinants explaining accounting measurement policy choice decisions by Asia‐Pacific listed manufacturing companies. Using Thomas' (1991) theoretical framework, four contingent variables (country of reporting, company size, profitability and debt leverage) are examined as possible determinants of firms' accounting choices concerning non‐current asset valuation measurement base, goodwill and depreciation. 130 listed manufacturing companies' annual reports were examined from Australia, Hong Kong, Indonesia, Malaysia, and Singapore. This study involves two phases. The first phase evaluates accounting harmonisation measurement indices in comparison with the extant literature. An important innovation is the operationalisation of Archer et. al. (1995) between‐country and within‐country C indices. Computed comparability indices indicated variations in the level of harmony across the five countries for all three accounting measurement practices. The second phase employed logistic regression to examine possible determinants of accounting policy choice decisions. Such a combined research approach should lead to a better understanding of de facto accounting harmonisation and practices.

This paper examines the exercise of Black employee voice in South Africa over the past 53 years. Black workers constitute almost 4 out of every 5 workers in the country and experienced racial oppression from the time of colonisation up to the end of apartheid in 1994. They are still congregated around the lower skilled occupations with low incomes and high unemployment levels.

The paper draws on the theory of voice, exit and loyalty of Albert Hirschman, but extends voice to include sabotage as this encapsulates the nature of employee voice from about 2007 onwards. It reflects a culture of insurgence that entered employment relations from about that time onwards, but was lurking below the surface well before then.

The exercise of employee voice has gone through five phases from 1963 to mid-2016 starting with a silent phase for the first ten years when it was hardly heard at all. However, as a Black trade union movement emerged after extensive strikes in Durban in 1973, employee voice grew stronger and stronger until it reached an insurgent phase.

The phases employee voice went through were heavily influenced by the socio-political situation in the country. The reason for the emergence of an insurgent phase was due to the failure of the ruling African National Congress government to deliver services and to alleviate the plight of the poor in South Africa, most of whom are Black. The failure was due to neo-patrimonialism and corruption practised by the ruling elite and politically connected. Protests by local communities escalated and became increasingly violent. This spilled over into the workplace. As a result many strikes turned violent and destructive, demonstrating voice exercised as sabotage and reflecting a culture of insurgence.