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Article
Publication date: 1 April 1997

The audit status of preliminary profit announcements

Tony Beasley, Kevin Hapeshi and Roger Hussey

The regulations concerning preliminary profit announcements are contained in the Listing Rules of the Stock Exchange. The disclosure provisions are modest and there is no…

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The regulations concerning preliminary profit announcements are contained in the Listing Rules of the Stock Exchange. The disclosure provisions are modest and there is no requirement for the document to be audited. There have been criticisms concerning the ambiguity of the auditors’ involvement and the timing of the release of information for a number of years. Amendments introduced in 1993 have done little to resolve the matter. As an empirical study of 148 randomly selected listed companies, seeks answers to the following three questions: Does the audit status have any relationship with the size or type of company? Is the audit status associated with the timing of the release of information? Is the audit status associated with the voluntary provision of additional financial statements? Concludes that there is considerable variety in company practice and that the Stock Exchange should take action to dispel the ambiguities concerning auditors’ involvement with preliminary profit announcements.

Details

Managerial Auditing Journal, vol. 12 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/02686909710161004
ISSN: 0268-6902

Keywords

  • Auditors
  • Companies
  • Profit
  • Stock markets

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Book part
Publication date: 3 August 2020

Sniffing: Deriving Preliminary Inferences

Liam Fahey

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The Insight Discipline: Crafting New Marketplace Understanding that Makes a Difference
Type: Book
DOI: https://doi.org/10.1108/978-1-83982-730-320201008
ISBN: 978-1-83982-733-4

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Article
Publication date: 23 January 2020

Implementation of investigation by the Indonesian national police in eradicating corruption crime

Armunanto Hutahaean and Erlyn Indarti

This paper aims to study the Integrated Criminal Justice System; the law enforcement carried out by the Indonesian National Police is expected to be able to realize legal…

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Abstract

Purpose

This paper aims to study the Integrated Criminal Justice System; the law enforcement carried out by the Indonesian National Police is expected to be able to realize legal values, namely, legal justice, expediency and certainty.

Design/methodology/approach

This research can broadly be grouped into the realm of the socio-legal research approach. The domain of law enforcement in corruption cases is related to the preliminary investigation and full investigation process. The research location chosen is at Indonesian National Police Headquarter (Mabes Polri) and Greater Jakarta Metropolitan Regional Police. The main data sources are stakeholders who are related and have the authority as preliminary phase investigators and full phase investigators. The next informants are determined by snowball technique, which consists of several informants as follows: Director of Special Criminal Investigation Directorate of Greater Jakarta Metropolitan Regional Police, head of Corruption Crime Sub-Directorate of Greater Jakarta Metropolitan Regional Police, investigators of Corruption Crime Sub-Directorate of Special Criminal Investigation Directorate of Greater Jakarta Metropolitan Regional Police, members of Commission III of the Indonesian House of Representatives (DPR), constitutional law experts and police experts. The data in this research are obtained through observation activities, visual interviews, document interpretation (text) and material and personal experience.

Findings

The corruption cases handled by the Indonesian National Police have mostly come from information reports from the public. Based on the information report from the community, the preliminary investigation phase is carried out by the preliminary phase investigator of the Indonesian National Police in the field. In addition, a preliminary investigation and full investigation is carried out due to the results of an audit from the BPK or BPKP. Preliminary investigation and full investigation begin after it is alleged that a criminal act of corruption had occurred based on the report, complaints and information received by the preliminary phase investigator or full phase investigator from the community. In conducting the preliminary investigation and full investigation of corruption cases, based on the results of the research conducted, it is also found that the Indonesian National Police’s preliminary phase investigator and full phase investigator experience several obstacles, besides supporting factors that support the success of a preliminary investigation and full investigation.

Originality/value

This research is a case study in which no previous studies have used the same method in Greater Jakarta Metropolitan Regional Police (Polda Metro Jaya). This paper is the result of the researcher’s research on what is described above, guided by the constructivism paradigm, the researcher applies the paradigmatic analysis to understand how the preliminary investigation and full investigation on corruption crimes by Greater Jakarta Metropolitan Regional Police act as part of an integrated criminal justice system. Through the paradigmatic analysis, the researcher then reveals how while upholding the law, the Indonesian National Police actually sought to realize legal justice, expediency and certainty.

Details

Journal of Money Laundering Control, vol. 23 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/JMLC-12-2018-0075
ISSN: 1368-5201

Keywords

  • Law enforcement
  • Corruption crime
  • Full investigation phase
  • Indonesian national police
  • Preliminary investigation phase
  • Legal values

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Article
Publication date: 19 June 2020

Accuracy of road construction preliminary estimate: examining the influencing factors

Opeoluwa Akinradewo, Clinton Aigbavboa and Ayodeji Oke

Preparation of preliminary estimate is difficult owing to the lack of full project details in the early phases of the construction project. This paper seeks to assess the…

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Purpose

Preparation of preliminary estimate is difficult owing to the lack of full project details in the early phases of the construction project. This paper seeks to assess the estimation techniques used for road projects and the critical factors affecting their accuracy in the Ghanaian construction industry.

Design/methodology/approach

Quantitative research design was adopted and questionnaire was designed to retrieve data. The target population were engineers and quantity surveyors who were contacted using an e-questionnaire through their professional bodies owing to location constraints. Retrieved data were analysed using descriptive and exploratory factor analysis. In order to compare the opinions of the respondents, the Mann–Whitney U-test was employed.

Findings

The survey revealed that subjective, parametric, comparative and analytical estimations are in use in Ghana. The most critical factors influencing the accuracy of estimation techniques are improper project planning, insufficient preliminary site investigation and usage of shortcuts, among others.

Research limitations/implications

This study was limited to Accra, Ghana, due to time and distance constraint.

Practical implications

For accuracy of preliminary estimates to be improved, estimators being the custodian of the estimate are expected to be devoid of errors such as arithmetic calculation errors, inaccurate quantity measurement and error of omission. The usage of estimating software can eliminate these human errors.

Originality/value

The study will assist policymakers and stakeholders in aligning mitigative actions for factors influencing preliminary estimate of road projects with defined clusters rather than basic ranks. With attention focussed on the characteristics of each cluster, accuracy of preliminary estimate can be improved.

Details

Built Environment Project and Asset Management, vol. 10 no. 5
Type: Research Article
DOI: https://doi.org/10.1108/BEPAM-11-2019-0101
ISSN: 2044-124X

Keywords

  • Construction industry
  • Ghana
  • Project estimate
  • Project performance
  • Road projects

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Article
Publication date: 1 April 2004

The role of courts in commercial & maritime arbitration under US, Greek and English law

Georgios I. Zekos

Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and…

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Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and its way of using the law in specific circumstances, and shows the variations therein. Sums up that arbitration is much the better way to gok as it avoids delays and expenses, plus the vexation/frustration of normal litigation. Concludes that the US and Greek constitutions and common law tradition in England appear to allow involved parties to choose their own judge, who can thus be an arbitrator. Discusses e‐commerce and speculates on this for the future.

Details

Managerial Law, vol. 46 no. 2/3
Type: Research Article
DOI: https://doi.org/10.1108/03090550410771099
ISSN: 0309-0558

Keywords

  • Dispute resolutions
  • Law courts
  • Legal processes
  • Greece
  • United Kingdom
  • United States of America

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Book part
Publication date: 3 August 2020

The 4I Diamond Framework

Liam Fahey

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The Insight Discipline: Crafting New Marketplace Understanding that Makes a Difference
Type: Book
DOI: https://doi.org/10.1108/978-1-83982-730-320201006
ISBN: 978-1-83982-733-4

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Article
Publication date: 1 October 2006

KM implementation in Malaysian telecommunication industry: An empirical analysis

Chong Chin Wei, Chong Siong Choy and Paul Heng Ping Yeow

This paper aims assess to the perceived importance (PI) and actual implementation (AI) of five preliminary knowledge management (KM) success factors, i.e. business…

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Abstract

Purpose

This paper aims assess to the perceived importance (PI) and actual implementation (AI) of five preliminary knowledge management (KM) success factors, i.e. business strategy, organizational structure, knowledge team, knowledge audit, and knowledge map in the Malaysian telecommunication industry.

Design/methodology/approach

A questionnaire survey was conducted on telecommunication organizations located in the capital of Malaysia. Data were analyzed using indices and parametric statistics.

Findings

The results show that the organizations are aware of the importance of all the KM factors but fall short of implementation. The implemented factors consist of business strategy, organizational structure, and knowledge team. Knowledge audit and knowledge map are perceived as important but are the least implemented factors.

Research limitations/implications

This study was conducted in only one industry in Malaysia. Furthermore, it focuses on the preliminary success factors of KM implementation rather than on learning and knowledge utilization.

Practical implications

Telecommunication organizations have to overcome resources problems and enhance implementation level in order to narrow the gaps for effective, full scale KM implementation in the later stage. Such viable practice will significantly help the industry not only to compete more effectively within Malaysia, but also to position itself as a global player in the world.

Originality/value

This study is perhaps one of the first to address the preliminary steps to be dealt with prior to KM implementation. Moreover, it attempts to compare the PI and AI of the five proposed success factors, which has received very little attention to date.

Details

Industrial Management & Data Systems, vol. 106 no. 8
Type: Research Article
DOI: https://doi.org/10.1108/02635570610710782
ISSN: 0263-5577

Keywords

  • Knowledge management
  • Business planning
  • Organizational structures
  • Telecommunications
  • Malaysia

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Article
Publication date: 23 March 2010

Preliminary design correlations for twin civil turboprops and comparison with jet aircraft

Xenakis Vouvakos, Yannis Kallinderis and Pinelopi Menounou

The purpose of this paper is to compare twin engine civil turboprop aircraft with their jet engine counterparts; to simplify the preliminary design process and the initial…

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Abstract

Purpose

The purpose of this paper is to compare twin engine civil turboprop aircraft with their jet engine counterparts; to simplify the preliminary design process and the initial evaluation of twin civil turboprop aircraft; to include noise level consideration in the preliminary design; and to form a current database of design parameters for representative civil turboprop aircraft.

Design/methodology/approach

The paper finds linear correlations between key design parameters. It compares the corresponding correlations for turboprop and jet engine aircraft.

Findings

The paper finds direct linear relationships between design parameters including noise levels; simplified preliminary design process; and differences in the sensitivity of design parameters between turboprop and jet aircraft.

Research limitations/implications

The turboprop aircraft database needs to be expanded. Also, investigation of non‐linear relations between design parameters is a next step.

Practical implications

Quick assessment and comparisons of existing designs is an outcome. Also, the preliminary design process is simplified and expedited. Lastly, noise regulations can affect the design right from the beginning and not at a later stage.

Originality/value

New correlations which simplify the current procedures for preliminary design of twin civil turboprop aircraft. In addition, the noise is included right from the beginning of the design. Direct comparison between turboprop and jet aircraft afforded via their correlated preliminary design parameters. Finally, a database of twin turboprops is formed with specially selected aircraft that are current and cover a wide spectrum of sizes.

Details

Aircraft Engineering and Aerospace Technology, vol. 82 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/00022661011053427
ISSN: 0002-2667

Keywords

  • Aircraft engines
  • Aircraft
  • Design for assembly
  • Noise control

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Article
Publication date: 1 July 2014

Integrate engine manufacturer’s knowledge into the preliminary aircraft sizing process

Wim Lammen, Philipp Kupijai, Daniel Kickenweitz and Timo Laudan

– This paper aims to set up and assess a new method to collaboratively mature the requirements for engine development in a more efficient way during the preliminary design phase.

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Abstract

Purpose

This paper aims to set up and assess a new method to collaboratively mature the requirements for engine development in a more efficient way during the preliminary design phase.

Design/methodology/approach

A collaborative process has been set up in which detailed information on the behaviour of designed engines has been integrated into the aircraft preliminary sizing process by means of surrogate modelling.

Findings

The engine surrogate model has been invoked as a black box from within the aircraft preliminary design optimisation loops. The surrogate model reduces the uncertainty of coarse-grain formulas and may result in more competitive aircraft and engine designs. The surrogate model has been integrated in a collaborative cross-organisational workflow between aircraft manufacturer, engine manufacturer and simulation service providers to prepare for its deployment in industrial preliminary design processes.

Practical implications

The new collaborative way of working between aircraft manufacturer, engine manufacturer and simulation service providers could contribute to remove time consuming rework cycles in early and later design stages within delivering the optimal aircraft-engine combination.

Originality/value

The assessed process, based on an innovative collaboration standard, provides the opportunity to introduce useful design iterations with much more enriched information than in the classical design process as performed today. Specifically, the application of an engine surrogate model is advantageous, as it allows for extensive trade-off studies on aircraft level because of the low computational effort, while the intellectual property of the engine manufacturer (the engine preliminary design process) is respected and kept in-house.

Details

Aircraft Engineering and Aerospace Technology: An International Journal, vol. 86 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/AEAT-10-2012-0190
ISSN: 0002-2667

Keywords

  • Surrogate modelling
  • Collaboration
  • Engine design
  • Aircraft sizing
  • Preliminary design
  • Optimisation

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Article
Publication date: 20 February 2009

Is the Malaysian telecommunication industry ready for knowledge management implementation?

Chong Chin Wei, Chong Siong Choy and Wong Kuan Yew

The purpose of this paper is to assess the perceived importance and actual level of implementation of five preliminary success factors, four knowledge management (KM…

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Abstract

Purpose

The purpose of this paper is to assess the perceived importance and actual level of implementation of five preliminary success factors, four knowledge management (KM) strategies and three KM processes towards the performance of the Malaysian telecommunication industry.

Design/methodology/approach

A questionnaire survey was conducted on telecommunication companies based on a convenience sampling technique. Data were analyzed using paired t‐tests and multiple regression analyses.

Findings

The results show that Malaysian telecommunication organizations view all the KM preliminary success factors, strategies and process as important and critical but fall short of implementation. K Audit, K Map, leadership, measurement, construction and embodiment are the variables that have the largest gap between perceived importance and actual implementation. For perceived importance, culture is the only important variable associated with organizational performance whereas for actual implementation, both business strategy and construction process are found to be significantly associated with organizational performance.

Research limitations/implications

This paper was conducted in only one industry in Malaysia. Furthermore, it focuses on KM implementation rather than on learning and knowledge utilization. This paper provides a framework for developing an instrument for assessing the use of preliminary elements in the Malaysian telecommunication industry. Telecommunication organizations have to overcome problems identified and enhance their implementation level in order to achieve better organizational performance.

Originality/value

This paper has extended knowledge in KM, especially concerning implementation issues at the beginning stage of KM. Moreover, it is among the first empirical work to specifically examine preliminary success factors, processes and strategies that affect the preliminary implementation of KM.

Details

Journal of Knowledge Management, vol. 13 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/13673270910931170
ISSN: 1367-3270

Keywords

  • Knowledge management
  • Organizational performance
  • Telecommunications
  • Malaysia

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