Accounting Disclosure Research Articles

Investor response to financial news in the digital transformation era: the impact of accounting disclosures and herding behavior as indirect effect

PurposeThis study aims to examine investors' reactions to bad financial news (IRBFN) based on complex financial accounting disclosures (CFAD) as well as how investors' herding behavior influences investor reactions in United Arab Emirates (UAE) project-based organizations (PBOs).Design/methodology/approachThe primary data collection was furnished via online questionnaires, and 310 completed questionnaires were analyzed using structural equation modelling (SEM), moderation analysis, multiple regression simulations and path analysis.FindingsThe study shows that four out of the five CFAD dimensions observed – investors’ relations (IR), board and management structure, transparency disclosure and other disclosure channels – have a direct influence on investor's reactions to bad financial news, with the exception of “external auditing and audit service”. In addition, investor herding has a moderation impact on the relationship between CFAD and IRBFN.Research limitations/implicationsThere is a possibility that the broad view of the results may be limited by the size of the research sample. The paper's findings should therefore be authenticated at an intercontinental level with the same conceptual framework in other nations.Practical implicationsThe purpose of modeling stakeholders' decision-making process is to improve their decisions and to control their reactions that may negatively affect PBOs in the UAE.Originality/valueThis research contributes to planned behavior theory and agency theory in the UAE context, both of which are empirically tested.

The Electronic Accounting Disclosure in the Quality of Accounting Information “An Applied Study on the Industrial Companies in Amman Stock Exchange”

Purpose: The aim of this study is to identify the effect of the electronic accounting disclosure (availability of scientific efficiency, knowledge and Awareness, environmental and legal requirements , the safety and technological requirements of electronic) on the quality of accounting information “An applied study on industrial companies enlisted in Amman stock Exchange”.
 
 Theoretical framework: Amman Stock Exchange as other sectors, Electronic Disclosure apply and the resulting provision of data to all users in the quantity and quality as well as standardization of the timing of the presentation of data, which means reducing the asymmetry of data and then achieve the performance efficiency that depends on all data related all companies.
 
 Design/methodology/approach: The descriptive statistics used to describe questionnaire responses of the study sample using SPSS statistical analysis. The study population was made up of Finance, accounting, and auditing managers of (50) public shareholding companies in Amman stock exchange, until 2021.
 
 Findings: The results show that in the Industrial Companies enlisted in Amman Stock Exchange, Electronic accounting disclosure its aspects (availability of scientific efficiency, knowledge and Awareness, environmental and legal requirements , the safety and technological requirements of electronic) had a statistically significant influence on Quality of Accounting Information .
 
 Research, Practical & Social implications: The implications for of the adoption of electronic disclosure will raise to the confidentiality and reliability of accounting data. This is the purpose of electronic disclosure, since it decreases the possibility of misrepresentation and manipulation of accounting data provided electronically. Further study can involve many other sectors, where the current study was only limited to industrial companies. confidentiality of information.
 
 Originality/value: Originality/value: This study among the first highlighted the impact of electronic disclosure in the Quality of Accounting Information An Applied Study on the Industrial Companies in Amman Stock Exchange.

Independent Board Terhadap Pengungkapan Akuntansi Manajemen Strategis: Peran Proprietary Cost & Cost Of Capital Sebagai Variabel Moderasi

Information asymmetry, agency problems and disclosure are important aspects of modern capital markets. This research aims to measure the extent of Strategic Management Accounting (AMS) disclosure and examine the influence of the independent board on the level of AMS disclosure. This research uses proprietary cost and cost of capital as moderating variables. This research uses data from 545 manufacturing companies listed on the Indonesia Stock Exchange from 2016 - 2020. This research uses multiple linear regression with panel data to test the influence of independent boards on the level of AMS disclosure. In addition, this research uses Moderated Regression Analysis to test the role of proprietary costs and cost of capital as moderating variables. The research results show that independent boards have a positive effect on AMS disclosure when there is a trade-off between the benefits and costs of AMS reporting for shareholders.
 Keywords: Independent Boards; SMA Disclosure; Proprietary Cost; Cost of Capital

Research on the Disclosure of Environmental Accounting Information in Listed Steel Companies

Amid escalating global environmental challenges, the transparency in environmental accounting is now central to upholding corporate social responsibility and fostering sustainable growth. In China, where the steel industry significantly contributes to carbon emissions, the transparency of its environmental accounting is pivotal to meeting the nation's "dual carbon" objectives. This study analyzed environmental accounting data from 28 publicly listed steel companies, drawing from their annual corporate and social responsibility reports between 2018 and 2022. The findings reveal advancements in the steel industry's environmental accounting practices; however, notable inconsistencies persist in disclosure content, format, frequency, and accuracy. To rectify these inconsistencies, this paper suggests targeted measures to standardize and improve the environmental accounting disclosures of China's listed steel companies, supporting the industry's and nation's progression towards sustainability.

Environmental management accounting model in the hotel industry

The impact of tourism industry activities can cause various environmental problems that are detrimental to various parties. This is a social burden, which must be taken seriously. Environmental Management Accounting is a concept that helps companies contain business impacts in the form of monetary units. The application of Environmental Management Accounting helps companies deal with environmental problems by recording all production activities to be reported in the company's environmental cost report. Although until now there is no standard that requires full environmental accounting disclosure. The research methodology uses case studies. This research aims to develop a model in the form of an accounting policy that contains the concept; emphasize relationship patterns and clarify environmental management accounting practices in the hotel industry. Data analysis was carried out using the Miles and Huberman model. The research results show that environmental management accounting is still considered necessary because it does not affect the business climate. In addition, the relationship between a company's environmental performance presented in the company's accountability report and its financial or economic performance is still doubtful.

The Role of Accounting Disclosure for Fixed Assets within The Framework of The International Accounting Standard (IAS16) In Improving the Quality of Financial Statements.

The Role of Accounting Disclosure for Fixed Assets within The Framework of The International Accounting Standard (IAS16) In Improving the Quality of Financial Statements.

Enhancing Accounting Disclosure Through Entrepreneurship Strategy in Banking Sector

Purpose: This study aims to examine the role of adopting an entrepreneurship strategy in enhancing accounting disclosure in Banking Sector in Jordan. Methodology: To achieve the study's objective, a questionnaire was designed and distributed to a random sample of 130 respondents, consisting of managers and employees in the financial departments of Jordanian banks. After conducting statistical analysis using the SPSS statistical package. The study focuses on several dimensions, including financial statements, accompanying disclosures in financial reports, the quality of accounting information that should be disclosed, transparency in accounting disclosure, and meeting the requirements of the central bank. Findings: The study found that adopting an entrepreneurship strategy in Jordanian banks contributes to enhancing the quality of preparing and presenting the core financial statements, such as the income statement, balance sheet, statement of changes in equity, and statement of cash flows. It also enhances the quality of accompanying disclosures in financial reports, improves the quality of accounting information, increases transparency in accounting disclosure, and enhances the ability to quickly and accurately meet the requirements of the central bank. Social implications: The study made several recommendations, including the central bank adopting an entrepreneurial culture as a method and approach and encouraging banks to follow the same approach to support entrepreneurship and innovation. Originality/Value: The results indicate that banks develop a system to incentivize creative employees and conduct training courses to familiarize bank employees with the concepts of entrepreneurship, innovation, and their importance in banking.

Accounting Reporting Complexity and Non-GAAP Earnings Disclosure

ABSTRACT We examine whether the complexity of mandatory accounting disclosures prompts managers to voluntarily disclose adjusted measures of actual earnings performance, and whether this practice reflects attempts to obfuscate or mitigate the informational opacity accounting complexity creates for investors. Using the metadata in XBRL filings, we construct measures of accounting complexity that map directly to the mandated standards applied in financial statement filings. We find a positive and economically significant association between accounting complexity and managers’ propensity to disclose non-GAAP earnings information. This relation is robust and incremental to common measures of business and linguistic complexity, and the transitory nature of firms’ economic activities. We also find that the quality and informativeness of adjusted earnings information increases with accounting complexity, consistent with motives to better inform investors when accounting disclosures are complex. Overall, our results suggest that managers use non-GAAP earnings disclosure to mitigate the adverse informational effects of accounting complexity. Data Availability: All data are available from sources identified in the paper. JEL Classifications: M41; M43.

Pengaruh Pengungkapan Akuntansi Lingkungan dan Mekanisme Good Corporate Goverence terhadap Kinerja Keuangan Perusahaan: Studi Empiris Perusahaan Pertambangan dan Consumer Non Cylicals yang terdaftar di Bursa Efek Indonesia Periode 2018-2022

Financial performance is a description of the achievement of a company or the results of achievements that have been achieved by the company's management in carrying out its function of effectively managing the company's assets during a certain period. The purpose of this study was to examine the effect of environmental accounting implementation and good corporate governance mechanisms on company financial performance. The population in this research is mining companies and consumer non-cyclicals listed on the IDX in 2018-2022. Sampling using purposive sampling method, so that 12 companies will be used as research samples. The variables used are environmental accounting, constitutional ownership, audit committee, and independent commissioners as independent variables, while the company's financial performance as the dependent variable Hypothesis testing is carried out using a simultaneous significant test using multiple linear regression models. Partial significance test (t test) with α = 5% is used to test the hypothesis.The results of the tests that have been carried out indicate that there are two variables of environmental accounting disclosure and audit committee that have a significant positive effect on financial performance, while constitutional ownership and independent commissioners have no statistically insignificant effect on the company's financial performance.

Environmental Accounting Disclosure and Market Value of Listed Food and Beverages Companies in Nigeria

The study determined the relationship between environmental accounting disclosure (EAD) and market value of shares listed in food and beverages companies in Nigeria. It adopted an ex-post facto research design, while secondary data collected from 10 selected food and beverages companies listed on Nigeria Stock Exchange Annual Reports were used. Content analysis of environmental accounting disclosure was carried out. Mean, standard deviation, multiple regression and Pearson product-moment correlation were adopted in the analysis of the data, aided by SPSS version 22.0. The empirical findings showed that environmental accounting disclosure (EAD) had a significant relationship with market value of shares. Environmental pollution and control policy (EPC) and cost of compliance with environmental law (CEL) had a positive significant relationship with earnings per share. However, EPC and CEL did not have any influence on book value equity per share. The study concluded that there is a need for firms to disclose environmental accounting information, as it helps to improve the market value of firms.

Factors influencing the environmental accounting disclosure practices for sustainable development: A systematic literature review

Purpose: This study aims to synthesize a testable conceptual framework that illustrates the link between various factors and environmental accounting disclosure practices. Research methodology: A systematic review approach was used to examine publications published from 2001 to 2023. Only the referenced studies were employed as secondary data to identify the factors for synthesizing the conceptual framework. Results: Most publications were studies on emerging nations and showed an expanding trend in disclosures. The findings showed that firm size, profitability, leverage, industry type, and ownership are critical motivators of environmental accounting disclosure (EADs). Moreover, this study summarizes the intriguing concerns not addressed through a conceptual framework. This indicates a possible hypothetical link between these factors for future studies on EADs. Future reviews could boost firms' EADs to help society achieve clean and healthy environments. Originality: The two conceptual frameworks proposed in this study provide new insights into future research and management ramifications.

Identifying the Prime Predictors of Human Resource Accounting Disclosure: A Literature Review

The paper shows that many factors influence human resource disclosure with contradicting viewpoints from authors where variables endorsed by one author are ignored as non-significant by others. Therefore, we conducted this study to identify the primary factors that affect human resource accounting disclosure information.

Pengaruh Pertumbuhan Perusahaan dan Kemampuan Good Corporate Governance Terhadap Pengungkapan Akuntansi Karbon

This study aims to analyze and obtain empirical evidence regarding the Effect of Company Growth and Good Corporate Governance Capabilities on Carbon Accounting Disclosures. The approach used in this study is a quantitative approach with associative methods. The data used in this study is secondary data obtained from the company's annual report (Annual Report) and sustainability report (Sustainability Report) obtained through the official website of the Indonesia Stock Exchange (IDX) and the official website of each company. The sample used in this study are companies listed on the Indonesia Stock Exchange (IDX) in 2017-2021, totaling 6 companies. The sampling technique in this study used a purposive sampling method. In this study using descriptive statistical analysis techniques, panel data regression test, model test. classic assumption test and hypothesis test using data processing program Eviews version 12. The results of this study indicate that Company Growth and Good Corporate Governance Capabilities simultaneously affect Carbon Accounting Disclosures, while partially Company Growth has no effect on Carbon Accounting Disclosures, Institutional Ownership and Audit Committee affect Carbon Accounting Disclosures

Evaluation Study on the Level of Social Responsibility Accounting Disclosure of Huaxi Biologicals

Enterprises in the development process should not only be committed to the development of business activities, but also must take up the huge impact on the social economy and nature produced with the development and growth of the company, and assume responsibility for society. This paper takes Huaxi Biological as the research object, analyzes the form and content of the disclosure of corporate social responsibility information in the medical industry based on the table of corporate social responsibility information scoring system of the medical industry, and finds that there are problems such as the lack of indicators, unbalanced disclosure, and incompleteness of Huaxi Biological's CSR report, etc. Finally, this paper puts forward suggestions from the three levels of the disclosure system, indicators, and regulation with the aim of promoting China's medical industry social responsibility disclosure's overall sustainable development.

The Electronic Accounting Disclosure in the Quality of Accounting Information “An Applied Study on the Industrial Companies in Amman Stock Exchange”

Purpose: The aim of this study is to identify the effect of the electronic accounting disclosure (availability of scientific efficiency, knowledge and Awareness, environmental and legal requirements , the safety and technological requirements of electronic) on the quality of accounting information “An applied study on industrial companies enlisted in Amman stock Exchange”. Theoretical framework: Amman Stock Exchange as other sectors, Electronic Disclosure apply and the resulting provision of data to all users in the quantity and quality as well as standardization of the timing of the presentation of data, which means reducing the asymmetry of data and then achieve the performance efficiency that depends on all data related all companies. Design/methodology/approach: The descriptive statistics used to describe questionnaire responses of the study sample using SPSS statistical analysis. The study population was made up of Finance, accounting, and auditing managers of (50) public shareholding companies in Amman stock exchange, until 2021. Findings: The results show that in the Industrial Companies enlisted in Amman Stock Exchange, Electronic accounting disclosure its aspects (availability of scientific efficiency, knowledge and Awareness, environmental and legal requirements , the safety and technological requirements of electronic) had a statistically significant influence on Quality of Accounting Information . Research, Practical & Social implications: The implications for of the adoption of electronic disclosure will raise to the confidentiality and reliability of accounting data. This is the purpose of electronic disclosure, since it decreases the possibility of misrepresentation and manipulation of accounting data provided electronically. Further study can involve many other sectors, where the current study was only limited to industrial companies. confidentiality of information. Originality/value: Originality/value: This study among the first highlighted the impact of electronic disclosure in the Quality of Accounting Information An Applied Study on the Industrial Companies in Amman Stock Exchange.

The impact of financial accounting disclosures on investors’ reactions towards bad news: The moderating role of investors’ sentiments

The impact of financial accounting disclosures on investors’ reactions towards bad news: The moderating role of investors’ sentiments

The Effect Of Physical Environmental Accounting Disclosures, Monetary Environment Accounting And Environmental Performance On Company Value At PTPN XI Gending Sugar Factory

Many companies ignore environmental costs because they think that these costs are only limited to supporting the company's operational activities and are not directly related to the production process. Environmental accounting is a term that specializes in financing companies or the government from operational activities which later raise environmental costs and companies are required to pay these costs. The formulation of the problems examined in this thesis are: 1) Do physical environment accounting have a significant effect on firm value? 2) Do monetary environmental accounting have a significant effect on firm value? 3) Doenvironmental performance have a significant effect on company value? 4) Do physical environment accounting, monetary environmental accounting and environmental performance simultaneously have significant effect on firm value? The aims of this research are 1) to analyze the significant of physical environment accounting on firm value. 2) To analyze the significant effect of monetary environmental accounting on firm value. 3) To analyze the significant effect of environmental performance on firm value. 4) To analyze the significant effect of physical environment accounting, monetary environmental accounting and environmental performance simultaneously on firm value. This study uses a quantitative approach to the type of researchfield reseach. The population and sample of this study were the accounting and processing staff of the Gending Sugar Factory, totaling 43 employees by distributing questionnaires to 43 respondents using a saturated sample technique. Data analysis tools include validity test, reliability test, classic assumption test and multiple linear regression analysis, hypothesis testing and coefficient of determination test (R2) with the help of the SPSS program Statistics version 22. This study can be concluded that partially the physical and monetary environmental accounting variables have a significant effect on firm value. Physical environment accounting variable value tcount3,098 > ttable 2.022, significant value 0.004 <0.05, monetary environmental accounting variable t valuecount7,271 > ttable 2.022, a significant value of 0.000 <0.05. The environmental performance variable has no significant effect on firm value where the value of tcount-1,764< ttable 2.022 significant value 0.086 > 0.05. While simultaneously the variables of physical environmental accounting, monetary environmental accounting and environmental performance have a positive and significant effect on firm value with a value of Fcount 24,883 > Ftable2.855 and a significant value of 0.000 <0.05.

Reporting of Investment Expenditure: Should It Be Aggregated with Operating Cash Flows?

ABSTRACT Corporate managers are often better informed than outside investors about the uncertain future benefits of investments. However, information about investment prospects is not verifiable and therefore not amenable to direct disclosure, but instead inferred by investors from other accounting disclosures. Given this situation, we study the normative question of how the market’s perceptions of uncertainty and its beliefs about the expected level of future benefits of investment should factor into mandatory financial reports of investment expenditures. We establish a threshold of uncertainty in future benefits beyond which it is better to aggregate investment expenditures with cash flow from ongoing operations, rather than measuring and reporting the two separately. We obtain the surprising result that the higher the expectation of future benefits, the lower this uncertainty threshold should be. JEL Classifications: M40; M41; M48.

The Impact of Environmental Accounting Disclosure on Environmental Practices (Water, Energy and Wastes) in Hotels

The Impact of Environmental Accounting Disclosure on Environmental Practices (Water, Energy and Wastes) in Hotels

The Impact of Environmental Accounting Disclosure on Environmental Practices (Water, Energy and Wastes) in Hotels

The Impact of Environmental Accounting Disclosure on Environmental Practices (Water, Energy and Wastes) in Hotels