Value Relevance Research Articles

The influence of board, CEO, and audit committee chairman busyness on the value relevance of accounting information in Saudi listed firms

This study investigates the impact of board, CEO, and audit committee chairman busyness on the value relevance of accounting information in Saudi listed firms from 2018 to 2022. Utilizing a data of 125 Saudi firms, the research investigates how the busyness of these key governance figures influences the relevance of earnings per share (EPS) and book value per share (BVPS). The findings reveal that board and audit committee chairman busyness significantly enhance the value relevance of EPS, suggesting that their broader networks and strategic oversight improve financial reporting. Conversely, CEO busyness negatively affects the value relevance of BVPS, indicating that divided attention and reduced managerial oversight hinder performance monitoring. These results underscore the dual roles of governance figures and their influence on financial reporting quality. These results highlight the dual effects of governance busyness on financial reporting quality. The study provides novel insights into an emerging market context, offering practical recommendations for policymakers and corporate leaders in line with Saudi Arabia’s Vision 2030. It emphasizes the need for regulatory frameworks to manage director workloads, ensuring enhanced financial reporting and governance effectiveness.

Ценностные основы профессиональной подготовки будущих учителей русского языка и литературы

The purpose of the study is to identify the teacher’s priority values and ways to form them in the process of studying at the university for future teachers of Russian language and literature. The scientific novelty of the research lies in an integrated approach to solving the problem of forming the value foundations of professional training for undergraduate students in the specialty 44.03.05 Pedagogical education (with two training profiles), profiles “Russian language”, “Literature”, within the framework of the axiological direction in teaching the Russian language, which includes a wide range of opportunities to work with folklore texts, contributing to the formation of a system of traditional values and professional competencies of future teachers. Through a qualitative and quantitative analysis of the results of the survey of future language teachers, the most relevant values of a modern teacher have been identified, and the importance of each category of values has been established, taking into account the statistical indicators of students’ choice of each course of study. The research has shown that a systematic approach to the formation of the value foundations of students’ professional training and a comprehensive solution to the current problems of methodological support for future teachers of Russian language and literature are necessary conditions for the successful development of the modern educational space of the Russian Federation.

Are the Ideology, Values, Principles, and Identity of Cooperatives Shifting? A Lesson from Indonesia

Cooperatives have been a foundation for the Indonesian economy, however, there is a change in their operations. Therefore, this study aims to comprehend the implementation of university cooperatives toward the dynamic changes and explores the shift in ideology, values, principles, and identity of cooperatives. This study used a qualitative study with a phenomenology approach and involved eight selected informants to be interviewed using semi-structured interviews. The results disclosed that there is cooperatives identity transformation, shifting in cooperative principles, and mutual cooperation practice. In addition, it found challenges in maintaining cooperative ideology and deliberation value in decision-making. Lastly, identity and relevance crises are also the main issues in the majority of cooperatives in Indonesia. The insights gained will enable some parties, including government, academics, practitioners, and members to jointly revitalize the cooperative spirit, and ideological substance, and assert its relevant values.

Prognostic and diagnostic value of circRNA expression in cervical cancer: a meta analysis

IntroductionCervical cancer (CC) is a highly prevalent malignancy of the reproductive system. This study aimed to methodically assess the function of circular RNAs (circRNAs) as possible indicators of CC, with a specific emphasis on their usefulness in the identification, prediction, and correlation with clinicopathological elements.MethodsA comprehensive literature search was conducted using databases such as PubMed, Cochrane Library, Web of Science, Embase, and the China National Knowledge Infrastructure (CNKI). The latest data were extracted on May 3rd, 2024. The diagnostic potential of circRNA expression was evaluated using a range of metrics including sensitivity, specificity, and area under the receiver operating characteristic curve (AUC). The importance of circRNAs was further evaluated in terms of clinical relevance, pathological features, and prognostic value using pooled odds ratios (ORs) and hazard ratios (HRs).ResultsThe meta-analysis included 27 studies, which were categorised based on diagnostic applications (n=3), clinicopathological correlations (n=15), and prognostic evaluations (n=23). Elevated expression levels of oncogenic circRNAs were significantly associated with poor clinical indicators, including tumour size (odds ratio [OR] = 0.425, 95% confidence interval [CI]: 0.267–0.676), International Federation of Gynaecology and Obstetrics (FIGO) stage (OR = 0.315, 95% CI: 0.224–0.443), and lymph node metastasis (OR = 2.975, 95% CI: 1.816–4.872). This upregulation of oncogenic circRNA was also identified as a predictor of worse survival outcomes, with a hazard ratio (HR) of 2.13 (95% CI: 1.73–2.62, P < 0.001). The downregulation of circRNAs with tumour-suppressor properties was similarly associated with poor clinical parameters, such as tumour size (OR = 0.310, 95% CI: 0.102–0.941), FIGO stage (OR = 0.231, 95% CI: 0.101–0.527), and lymph node metastasis (OR = 2.430, 95% CI: 1.156–5.110), and was indicative of a worsened prognosis (HR = 2.20, 95% CI: 1.03–4.70, P = 0.042). In terms of diagnostic value, the pooled sensitivity, specificity, and area under the curve (AUC) were calculated to be 0.85, 0.83, and 0.91, respectively.ConclusionThe results of our meta-analysis indicate that circRNAs have the potential to serve as promising biomarkers for CC diagnosis, prognosis, and clinicopathology.Systematic review registrationhttps://www.crd.york.ac.uk/PROSPERO/, identifier CRD42024544997.

Perceptual averaging on relevant and irrelevant featural dimensions.

Here we report four experiments that explore the nature of perceptual averaging. We examine the evidence that participants recover and store a representation of the mean value of a set of perceptual features that are distributed across the optic array. The extant evidence shows that participants are particularly accurate in estimating the relevant mean value, but we ask whether this might be due to processes that reflect assessing featural similarity rather than computing an average. We set out and test detailed predictions that can be used to adjudicate between these averaging and similarity hypotheses. In each experiment, a memory display of randomly positioned bars was briefly presented followed immediately by a probe bar. Participants had to report in a Yes/No task whether the probed feature value was present. In initial experiments, we examine reports of the orientation of white bars and of the color of vertical bars. Then, in companion experiments, we examine reports of the orientation of bars whose color vary, and of the color of bars whose orientation varies. In this way, we test ideas about whether perceptual averaging occurs on a featural dimension that is irrelevant to the task. Currently, it is not known whether perceptual averaging only takes place on a task-relevant dimension or whether it operates more widely.

Nanobody-Based Lateral Flow Immunoassay for Rapid Antigen Detection of SARS-CoV-2 and MERS-CoV Proteins.

The COVID-19 pandemic has highlighted the critical need for pathogen detection methods that offer both low detection limits and rapid results. Despite advancements in simplifying and enhancing nucleic acid amplification techniques, immunochemical methods remain the preferred methods for mass testing. These methods eliminate the need for specialized laboratories and highly skilled personnel, making home testing feasible. Here, we developed nanobody-based lateral flow assays (LFAs) for the rapid detection of SARS-CoV-2 and MERS-CoV in single and dual formats as point-of-care diagnostic tools. The developed LFAs are highly sensitive and successfully detected analytes at clinically relevant diagnostic cutoff values. Additionally, our results confirmed that the LFAs have a long shelf life and can be produced cost-effectively and with ease.

What justifies public engagement in health financing decisions?

The World Bank's report, Open and inclusive: fair processes for financing universal health coverage, represents an important effort to specify the benefits and criteria of fair processes in health financing decisions. Here we argue that the report's justification for increasing public engagement in health financing decisions, one of its most novel contributions, rests on a widely shared but flawed assumption that public engagement will produce more equitable outcomes. Examining evidence from national-level public engagement initiatives cited in the report, we argue that there is no reason to assume that engaged publics will prioritize equity over other relevant values such as the maximization of population health. We conclude that instead of seeing public engagement as a tool for advancing particular values, policy-makers should view it as a neutral way of assessing what the public values and gathering insights that can inform the design of health benefits packages. If policy-makers wish to prioritize equity, they should do so directly through substantive policy choices regarding the design and financing of coverage schemes.

Effect of PFRS 15 Adoption on the Value Relevance of Selected Philippine Publicly-listed Companies’ Financial Ratios and Macroeconomic Attributes

Effect of PFRS 15 Adoption on the Value Relevance of Selected Philippine Publicly-listed Companies’ Financial Ratios and Macroeconomic Attributes

An Examination of the Value Relevance of Accounting Earnings in Egypt

An Examination of the Value Relevance of Accounting Earnings in Egypt

The Impact of Financial Performance on the Value Relevance of GAAP and Non-GAAP Profitability Measures: Evidence from the Amman Stock Exchange

The Impact of Financial Performance on the Value Relevance of GAAP and Non-GAAP Profitability Measures: Evidence from the Amman Stock Exchange

The impact of financial performance on the value relevance of GAAP and non-GAAP profitability measures: evidence from the Amman Stock Exchange

The impact of financial performance on the value relevance of GAAP and non-GAAP profitability measures: evidence from the Amman Stock Exchange

Reshaping Research Ecosystems: Recommendations for Equitable Recognition of Non-STEM Research in Higher Institution Management

Historically, the trend in academia towards measurable measures has marginalised non-STEM, arts, and humanities subjects, often at the price of their inherent academic principles and capabilities. This review of the literature explores the shift in university policies and practises, emphasising the need for a more compassionate and inclusive approach to research administration. This study analyses a variety of scientific articles using an extensive keyword search on Lens.org to evaluate the obstacles and recommendations for equal career progression in non-STEM disciplines. The findings indicate a rising appreciation for the multifaceted nature of knowledge and the significance of varied academic contributions. The study highlights the importance of widening the concept of research impact, including qualitative evaluations, and embracing interdisciplinary approaches. It also discusses the impact of university rankings and the incorporation of SDGs in reframing the value of non-STEM disciplines. In addition, the study suggests practical methods for university administrators, such as the creation of customised appraisal forms, customised career trajectories, and equal resource allocation. The study finishes by considering the future role of the arts and humanities in an increasingly automated and technologically driven world, emphasising the relevance of human values and ethical considerations in societal growth. This study adds to the discussion about developing a balanced and human-centred approach to research management, calling for the recognition and support of all academic disciplines in the changing landscape of higher education.

Islamic Framework for Sustainable Development

Purpose: The primary aim of this study is to address the gap in the current academic literature by proposing a comprehensive framework that integrates Islamic principles with the Sustainable Development Goals (SDGs). Study Design/Methodology/Approach: Utilizing a systematic literature review, this study focuses on scholarly works published from 2012 to 2023, employs thematic analysis, and engages with subject experts to craft a framework that advances global sustainability goals. Findings: This study's framework positions Zakat and ethical finance as key to equitable wealth distribution and sustainable economic growth. Halal and Tayyib principles are shown to support ethical consumption and food security, essential for economic sustainability. Islamic teachings on education and gender equity are identified as drivers for societal well-being and equality, central to social sustainability. Additionally, Islamic environmental principles on water, resource use, and marine life ethics reinforce commitments to ecological sustainability. Research Limitations/Implications: While the study lays down a theoretical framework, it emphasizes the need for empirical testing and validation. The implications call for a cross-disciplinary approach to refine the framework and its application across diverse socio-economic and cultural settings. Practical and Social Implications: This framework serves as a blueprint for policymakers, providing actionable insights to integrate Islamic principles with sustainable development initiatives. It underscores the relevance of Islamic values in crafting policies that are not only economically viable but also socially equitable and environmentally sustainable. Originality/Value: The originality of this study lies in its novel approach to synthesizing Islamic teachings with sustainability objectives, contributing a unique perspective to the body of knowledge. It extends the discourse in Islamic economics to include a holistic consideration of environmental concerns, thus offering a comprehensive and practical framework that aligns with global sustainability agendas.

Social Crowd Management: A Proposition to Innovative Intermediate-Diploma in Social Sciences

This study aims to highlight the availability of academic and applied programs specializing in the social management of crowds and to set out a vision for an innovative intermediate diploma program based on the integration of disciplines in the social sciences (social work, sociology, and psychology) and applying the relevant knowledge, skills, and values in these disciplines in line with developments in the Saudi labour market and Vision 2030 programs, and to measure the actual demand for this diploma in the labour market. To achieve this, the survey method was used. The sample consisted of (25) curricula for academic and applied programs on crowd management using the document analysis tool. The sample also consisted of (64) faculty members, (15) private sector employers, and (29) administrative managers practicing crowd management to whom the two questionnaire instruments were applied. The results revealed that no academic or applied curricula fit the courses of the proposed Intermediate Diploma Program "Social Management of Crowds", so it could be called as an "innovative diploma". The responses of the sample to the proposed scenario were (high) and the need for a diploma in "Social Management of Crowds" in the labour market was high. The study recommended that the intermediate diploma in "social management of crowds" be introduced in the applied colleges of Saudi universities, especially given the increase in mass events and occasions in Saudi society.

A Systematic Review of Accounting Practices for Reporting Investments in Associates and Joint Ventures: Equity Method and Consolidation Method

Purpose: This paper presents findings from empirical studies related to the adoption of accounting practices, namely the equity and consolidated methods of accounting, for reporting investments in associates and joint ventures. Design/ Methodology/ Approach: This review considered 21 published articles sourced from Scopus and Web of Science (WoS) databases, with the publication date spanning from January 1980 to December 2022. The Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) method was employed for article retrieval. Findings: Based on the search results, the empirical research was synthesised and segregated into three (3) major domains: usefulness, value relevance and level of compliance. Despite having mixed empirical evidence across countries, the equity method is more beneficial to investors due to its positive relationship with market values and lower volatility. While crucial for creditors, the consolidation method significantly impacts financial statements and explains price fluctuations. The review suggests that future research should address implementation challenges, incorporate more qualitative studies and explore Asian datasets, which are currently underrepresented. Originality/ Value: This review synthesizes 44 years of empirical research on accounting practices for reporting investments in associates and joint ventures, focusing on the equity method and consolidation method. It identifies three distinct thematic domains within this body of literature, providing a comprehensive mapping of its development. Keywords: Investment in associates and joint ventures, accounting practices, equity method, consolidation method

Relevansi Nilai Religius pada Novel “Cinta Suci Zahrana” Karya Habiburrahman El Shirazy sebagai Bahan Ajar Bahasa Indonesia di SMA

This study examines the relevance of religious values ​​in the novel Cinta Suci Zahrana by Habiburrahman El Shirazy as Teaching Materials in Senior High School. The method used in this study is descriptive qualitative analysis. Qualitative descriptive analysis techniques are used to describe the data that has been found. This study shows the religious values ​​in the novel Cinta Suci Zahrana and its relevance as open Indonesian language materials in Senior High School. The religious values ​​found are religious values ​​related to God, religious values ​​related to oneself, and religious values ​​related to humans and the environment. These religious values ​​are relevant to learning Indonesian literature in senior high school class XI, namely Basic Competence 3.7 Analyzing the values ​​(cultural, social, moral, religious, and educational) of the novel.

Value Relevance of Integrated Reporting In Nigeria: An Evaluation of Investors’ Perception

In today’s increasingly complex, competitive and uncertain market environment, stakeholders are constantly seeking to get as much information on corporate organizations as they can to aid informed decisions relating to such organizations. Integrated reporting is progressively gaining traction since it encompasses both financial and non-financial information. This research aimed to empirically assess the significance of integrated reporting content aspects in influencing investors' decision-making within listed banks in Nigeria. The analysis consisted of content elements including organizational overview, business model, risk assessment, disclosure of resource distribution, and forward-looking disclosures. It applied annual reports from five top banks listed in the Nigerian Exchange Group (NGX) and extracted data using a checklist guided by the Integrated Reporting Framework 2021. Data was analyzed by regression analysis, taking into account the P/E ratio and market capitalization from 2014 to 2023 as benchmarks in the measurement of stakeholders’ perceptions. Findings revealed that the overall model for both hypotheses was significant but none of the individual content elements of IR showed a statistically significant effect on MKPF. In the case of the price-earnings ratio, only the organizational overview and Risks and Opportunities disclosures showed a statistically significant effect on PER. The study attributed this lack of value relevance to a low level of awareness and adoption and recommended that integrated reporting be imbibed into the reporting framework in Nigeria. In addition, relevant regulatory authorities should enforce mandatory integrated reporting on companies.

Diagnostic and prognostic utility of bone morphogenetic protein 10 in acute dyspnea: a cohort study.

The possible clinical utility of Bone Morphogenetic Protein 10 (BMP10), a novel atrial-specific biomarker, is incompletely understood. We aimed to test the hypothesis that BMP10 has high diagnostic and prognostic accuracy in patients presenting with acute dyspnea. In a multicenter diagnostic study, BMP10, high-sensitivity cardiac troponin T (hs-cTnT), and N-terminal pro-B-type natriuretic peptide (NT-proBNP) concentrations were determined in patients presenting with acute dyspnea to the emergency department. The final diagnosis was centrally adjudicated by two independent cardiologists blinded to BMP10. Diagnostic accuracy for acute heart failure (AHF) was quantified using the area under the receiver operating characteristic curve (AUC). 720-day all-cause mortality and the composite of all-cause mortality or AHF rehospitalization were prognostic endpoints. Among 933 consecutive patients, 54% were adjudicated to have AHF. Patients with AHF had higher BMP10 concentrations (median 3.34 [IQR 2.55-4.35] ng/mL) compared to patients with other causes of acute dyspnea (2.04 [1.74-2.45] ng/mL, p < 0.001). The AUC of BMP10 was 0.85 (95%CI, 0.82-0.87), versus 0.79 (95%CI, 0.76-0.82, p < 0.001) for hs-cTnT and 0.91 (95%CI, 0.90-0.93, p < 0.001) for NT-proBNP. The combination of BMP10 with NT-proBNP (AUC 0.92, 95%CI, 0.90-0.94) did not significantly increase the AUC versus NT-proBNP alone. BMP10 was a powerful predictor of death and AHF rehospitalization, but did not provide incremental value to models including NT-proBNP. BMP10 had a high diagnostic accuracy for AHF and high prognostic accuracy for death and AHF rehospitalization. However, it did not provide relevant incremental value to the current gold standard NT-proBNP.

THE AWARENESS OF SPECIAL EDUCATION TEACHERS ABOUT COMPREHENSIVE SEXUALITY EDUCATION

Comprehensive sexuality education aims to equip individuals with relevant knowledge, skills, attitudes and values, assist them in the establishment of adequate social and sexual relationships, and maximize their awareness about decision-making and their rights. It was reported in the literature that individuals with autism spectrum disorder (ASD) are one of the disability groups that require sexuality education. It was emphasized that teachers play a key role in sexuality education. The present descriptive study aimed to determine the knowledge and experience levels, and professional development requirements of the teachers who instruct individuals with ASD in comprehensive sexuality education. The study was conducted with 200 volunteering teachers, and the study data were collected with a survey form. The study findings indicated that only 10% of the teachers instructed sexuality education to individuals with ASD, and the teachers did not have adequate knowledge on comprehensive sexuality education content. They focused on the biological dimension of comprehensive sexuality education, and they did not instruct the content associated with relationship, rights, culture, and skills that ensure the health and well-being of the individuals. The findings are discussed based on the previous studies, and practical recommendations and suggestions for further research are presented.

An empirical model of carbon-ion relative biological effectiveness based on the linear correlation between radiosensitivity to photons and carbon ions

Objective.To develop an empirical model to predict carbon ion (C-ion) relative biological effectiveness (RBE).Approach.We used published cell survival data comprising 360 cell line/energy combinations to characterize the linear energy transfer (LET) dependence of cell radiosensitivity parameters describing the dose required to achieve a given survival level, e.g. 5% (D5%), which are linearly correlated between photon and C-ion radiations. Based on the LET response of the metrics D5%and D37%, we constructed a model containing four free parameters that predicts cells' linear quadratic model (LQM) survival curve parameters for C-ions,αCandβC, from the reference LQM parameters for photons,αXandβX, for a given C-ion LET value. We fit our model's free parameters to the training dataset and assessed its accuracy via leave-one out cross-validation. We further compared our model to the local effect model (LEM) and the microdosimetric kinetic model (MKM) by comparing its predictions against published predictions made with those models for clinically relevant LET values in the range of 23-107 keVμm-1.Main Results.Our model predicted C-ion RBE within ±7%-15% depending on cell line and dose which was comparable to LEM and MKM for the same conditions.Significance.Our model offers comparable accuracy to the LEM or MKM but requires fewer input parameters and is less computationally expensive and whose implementation is so simple we provide it coded into a spreadsheet. Thus, our model can serve as a pragmatic alternative to these mechanistic models in cases where cell-specific input parameters cannot be obtained, the models cannot be implemented, or for which their computational efficiency is paramount.