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This study delves into the determinants and praxis of derivative hedging instruments (DHIs) usage of Malta, a small island state. Empirical evidence is also provided in relation to the impact of DHI usage and the adoption of a hedge accounting (HA) model in entities’ financial statements. A mixed methodology design is deployed involving: (1) a series of statistical models and tests and (2) seven semi-structured interviews with senior professionals.

The data collected comprise proxy variable values collected from the financial statements of 568 firm-years from 107 Maltese entities between the years 2009 and 2014. Greater likelihood of financial distress, decreasing investment efficiency and increased levels of gearing, are identified as being significant determinants for the use of DHIs. Although DHI usage is low in comparison to larger states, it has been increasing over the period under study.

HA is evidenced to be less popular in Malta, but the study evidences correlation between certain DHIs and HA usage. The quantitative statistical model results in evidence with no significant earnings volatility (EV) or cash flow volatility (CFV) reduction effects through the application of HA. Albeit, the study finds a significant CFV reduction effect emanating from DHI usage, but no corresponding EV reduction effect.

Better education and dissemination of the HA treatment by auditors and regulatory bodies could help propagate the HA treatment, potentially enhancing the EV reduction effectiveness of DHI use. This research provides empirical evidence to substantiate the rationale behind utilising DHIs in smaller island states, especially when coupled with a sound risk management culture.

This paper investigates the audit report lag (ARL) in statutory audits. It tests a number of factors that may influence the ARL in 375 Maltese companies in the years 2006–2010. A mixed-methods research methodology is adopted, whereby company financial statements over the period are examined. Extracted information, including the ARL, is subjected to statistical tests on the relationship between such ARL and six independent variables: company size, audit firm size, audit opinion, profitability, the presence of an extraordinary item, and type of industry. This is then complemented by the analysis of 12 semistructured interviews with statutory auditors. The ARL is found to be shorter in large companies, when profit figures are positive, in financial service companies, and when the audit firms are large. A longer ARL is found when the audit report is qualified and in the absence of an extraordinary item. Interviewee response is generally consistent with these results except for the relationship to ARL of the absence of an extraordinary item. ARL is also seen to vary according to the users’ perceptions of the relevance and usefulness of the financial statements. Besides confirming or otherwise the relationship of the ARL to the stated major factors, the study also brings to light the need for cooperation by both audit firms and client companies to reduce such ARL.

This paper has the objective of identifying the different types of qualifications in auditor's reports of companies in Malta, the extent of multiple and repeated qualifications in such reports and any significant relationships between such main types of qualifications and firm‐specific variables.

The study in this small Mediterranean island is designed to investigate the auditor's reports of 419 companies in the period 1997/2000. This is also complemented by an analysis of 12 interviews held with audit partners in different practices.

Results show that 19.9 per cent of sampled companies had a qualified auditor's report. The most common type of qualification was that of limitation‐on‐scope found in small companies and issued by non‐Big Four audit firms. Small companies were also prone to going concern qualifications in view of their more common net liability situations. Disagreement‐with‐management qualifications were found to be more likely in larger companies and to be mostly issued by Big Four audit firms.

The methodology adopted by the study may also be used in similar future studies in other small states and further research could possibly be undertaken on the motivation behind the issuance of such qualifications.

The study concludes that Maltese companies, which are as yet all required to be audited irrespective of size, have an apparently high rate of audit qualifications and also that the auditor's reports of non‐Big Four audit firms are often deficient or even incompatible with the wording of the International Standards on Auditing.

This paper aims to explore the attitudes of Maltese educators towards migrant students and how these attitudes impinge on their practices.

A qualitative approach, informed by critical theory, was taken to conduct this study. Nineteen middle and secondary school educators were recruited through snowball sampling. In-depth semi-structured interviews were conducted to collect the data. Critical discourse analysis was used to analyze the data.

The presence of migrant students in schools has caught the Maltese education system unprepared. As yet there are no policies to guide educators on practices that would enhance migrant students’ sense of belonging. This paper shows how many of the educators engaged in exclusionary practices and argued that migrant students had to fit in within the present education system. While the language barrier was the greatest bone of contention, the presence of non-Catholic students was also seen as problematic. However, one could also observe accommodating practices and there were educators who embraced this diversity and implemented inclusive practices whenever possible.

This study, locally new in its field, highlights the need for adequate training both in terms of pedagogies and methodologies that are inclusive, as well as professional development that targets the intellectual growth of educators in terms of exposure to sociological and philosophical theories, to become more conscious of the political implications of their actions and hopefully strive to create a more equitable educational experience for their students.

The healthcare system has been under pressure to provide timely and quality healthcare. The influx of patients in the emergency departments (EDs) is testing the capacity of the system to its limit. In order to increase EDs' capacity and performance, healthcare managers and practitioners are adopting process improvement (PI) approaches in their operations. Thus, this study aims to identify the main PI approaches implemented in EDs, as well as the benefits and barriers to implement these approaches.

The study is based on a rigorous systematic literature review of 115 papers. Furthermore, under the lens of thematic analysis, the authors present the descriptive and prescriptive findings.

The descriptive analysis found copious information related to PI approaches implemented in EDs, such as main PIs used in EDs, type of methodological procedures applied, as well as a set of barriers and benefits. Aiming to provide an in-depth analysis and prescriptive results, the authors carried out a thematic analysis that found underlying barriers (e.g. organisational, technical and behavioural) and benefits (e.g. for patients, the organisation and processes) of PI implementation in EDs.

The authors contribute to knowledge by providing a comprehensive review of the main PI methodologies applied in EDs, underscoring the most prominent ones. This study goes beyond descriptive studies that identify lists of barriers and benefits, and instead the authors categorize prescriptive elements that influence these barriers and benefits. Finally, this study raises discussions about the behavioural influence of patients and medical staff on the implementation of PI approaches.