23 articles in this issue
Mohamed A. Elbannan, Omar Farooq
This study examines the value relevance of voluntary human capital disclosure (VHCD) in 32 European markets during the period between 1997 and 2012. VHCD allows capital market participants to evaluate the intellectual capital of disclosing firms by allowi... see more
Kyungho Kim
According to internalization theory, corporate international expansion occurs as a series of incremental commitment processes, such as an increased level of ownership. In addition, it is well known that host country-specific experience facilitates the inc... see more
Soo-Joon Chae, Kwangwuk Oh
This study examined whether there were differences in the credit ratings of family firms, one type of business ownership and corporate governance in Korea. Credit rating agencies which evaluate a company's ability to pay back the debt play a key role in e... see more
Sambock Park, Youngchul Kim, Jinsoo Kim
We examine the effects of the concurrent provision of audit and non-audit services on auditor independence using earnings persistence, which is one of the qualitative properties of earnings, as well as related market responses. Empirical results are as fo... see more
Soo Yeon Park, Kwan Hee Yoo
This paper investigates the relation between Chief Executive Officers (CEO) career concerns and voluntary disclosures using listed firm (KOSPI) data in Korea. Prior research suggests that explicit incentives in the form of CEO stock-based compensation or ... see more
Kyunbeom Jeong
This paper examines the effect of firm characteristics on analyst reaction to management disclosures. Prior studies have overlooked the fact that analysts can react differently as a result of firm characteristics that can affect the management forecasts’ ... see more
Jee In Jang, Kyung Joo Lee, Youngmi Seo, Joonhei Cheung
We provide a comprehensive review of academic research on the economic consequences of International Financial Reporting Standards (IFRS) adoption in Korea. We review 18 empirical studies on the economic consequences of IFRS adoption in Korea and classify... see more
Suleman H. A. Kahar, Abdul Rohman, Anis Chariri
This study explores the relationship of participative budgeting on budgetary slack in the public sector in Indonesia, by examining the roles of job satisfaction on these variables. A total of 185 budget managers of regional work units in the in North Malu... see more
Ning Du, R. Mark Alford, Patricia L. Smith
The goal of this study is to examine whether financial statement preparers may interpret the collectibility threshold differently given the differences in the prior definitions of “probable” in IFRS and GAAP. We conducted an experiment where participants ... see more
Youngtae Yoo, Hyunjun Park
Accurate analysts’ reports alleviate information asymmetry between companies and investors by providing accounting information that is useful in investment decision-making for market participants. Investors evaluate the credibility of stock recommendation... see more
Chang Seop Rhee, Yong Keun Yoo, Seung Min Cha
Korean listed companies adopted International financial reporting standards (IFRS) in 2011 mandatorily. The IFRS adoption modifies corporate financial reporting structure and further it can affect managers’ incentive for disclosing their earnings forecast... see more
Soo-Hyun Kim, Katherine Villalobos
This paper aims to mainly investigate the impact of the selected macroeconomic variables such as inflation (INF), gross domestic product (GDP), foreign direct investment (FDI) and stocks traded turn-over ratio (STTR) on equity risk premium (ERP) of six ma... see more
Amir Ikram, Qin Su, Faisal Ijaz, Muhammad Fiaz
The empirical study was undertaken to explore the determinants of non-performing loans (NPLs) of small and medium enterprises (SMEs) sector held by the commercial banks. Stratified sampling technique was used to collect primary data through well-structure... see more
Michael Colin Cant, Jan Wiid, Catherine Mpolokeng Sephapo
Price is a critical component for any business and can be crucial in the survival of the business. If the price is not set in line with the selected target market it can negatively impact on the product and the company’s profitability. The main goals of a... see more
Sunday Samson Babalola, Albert Tchey Agbenyegah
The call for the growth of successful entrepreneurial activities across the globe raised the need to determine the influencing factors affecting micro-entrepreneurial growth. Hence, this study adopted a cross-sectional survey design to examine determinant... see more
Dominik K. Kanbach, Stephan Stubner
An increasing number of established companies have recently started to launch corporate accelerator programs to engage with entrepreneurial startups, making this a worldwide, cross-industrial phenomenon. Nevertheless, there is a lack of understanding of t... see more
Kwok-Chiu Lam
This paper aims to study the spatial structure of Hong Kong residential market using census data with the urban model, and examine more critically the ripple effect found by Lam (2015). Empirically, those irregularities observed can be explained rather sa... see more
Kyungheon Kwon, Nam-Ryoung Lee
The management performance of a bank is highly affected by bad debt the bank has written off related to loan receivables. When this happens, discretionary action regarding the setting of the allowance for loan losses is enabled, through which the big bath... see more
Anjung Chung, Sambock Park
R&D expenditures not only improve competitiveness but also develop future growth engines. Previous studies have been conducted in relation to the relationships between R&D expenditures and individual corporate characteristics. We examine differences in th... see more
Chae Chang Im, Ahrum Choi, Sungtaek Yim
Fair value accounting refers to the accounting method which an asset or liability is estimated based on the current market price, so called fair value. Under the fair value accounting, it is more difficult for managers to hide bad information, because the... see more
Nico Martins
The goal of the current study was to assess the Employee Engagement Instrument (EEI) from an item response theory (IRT) perspective, with a specific focus on measurement invariance for annual turnover. The sample comprised 4 099 respondents from all... see more
Soonwook Hong
An objective of this study is to investigate the difference of earnings management before financing by capital financing purposes. Two main methods of financing directly in capital markets are seasoned equity offerings (hereafter ‘SEO’) and issuing bonds ... see more
Michael C. Cant, Johannes A. Wiid
Previous research estimates that 8 out of 10 small and medium enterprises (SMEs) do not operate for more three years (Mason 2015). According to OECD ([sa]), the major problems encountered by SMEs relate to financing and regulatory burdens. However, with i... see more