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Environmental pollution has been a great concern for the government of Bangladesh. Bangladesh was the least developed country, with a lot of financial challenges. The industrial process in Bangladesh has not been able to maintain the directives of the SDGs. The lack of proper industrial policy, technological backwardness and lacunae in implementing environmental governance have affected the environment of the country. The unorganised and informal manufacturing units are often accused of emitting greenhouse gases. Like other South Asian countries, the informal manufacturing sector in Bangladesh has been established without proper planning and environmental guidelines. In Bangladesh, the informal sector includes brick kilns, food processing factories, leather tanning, etc., which are responsible for environmental pollution, health hazards and violations of SDG goals. The issue of environmental pollution by the informal manufacturing sectors of Bangladesh needs to be investigated in the context of the socioeconomic profile of the country and the performance of the government in monitoring the issue. Due to the lack of environmental governance, a high level of pollution has been occurring in the country. What kinds of economic tools and industrial policies are needed to be implemented to avoid environmental hazards? The content analysis method will be applied in this chapter.

The authors examine the impact of audit quality (AQ) on classification shifting (CS) among non-financial firms operating in the UK and Germany.

This paper used various audit committee variables (size, meetings, gender diversity and financial expertise) to measure AQ and its impact on CS. The authors used a total of 2,110 firm-year observations from 2010 to 2019.

The authors found that the presence of female members on the audit committee and audit committee financial expertise deter the UK and German managers from shifting core expenses and revenue items into special items to inflate core earnings. However, audit committee size is positively related to CS among German firms but has no impact on UK firms. The authors also document evidence that audit committee meetings restrain UK managers from engaging in CS. However, the authors found no impact on CS among German firms. The study results hold even after employing several tests.

Overall, the study findings provide broad support in an international setting for the board to improve its auditing practices and offer essential information to investors to assess how AQ affects the financial reporting process.

Most CS studies used market-oriented economies such as the USA and UK and ignored bank-based economies such as Germany, France and Japan. The authors provide a comparison among bank and market-oriented economies on whether the AQ has a similar impact on CS or not among them.

To advance understanding of transparency by problematising the motivations and strategies of a so far underexplored group: its users.

We explore the relationship between blindness, visibility, and transparency by drawing on our analysis of Max Frisch’s experimental novel Gantenbein (1964), in which the protagonist lives a life of feigned blindness.

The accounting scholarly debate on transparency has neglected the users of transparency. We address this through a novel theorisation of transparency as a game, highlighting some of its distinctive features and paradoxes.

By theorising the transparency game we move beyond concerns with what transparency reveals or conceals and conceptualise the motivations and strategies of the players engaged in this game. We show how different players have something to gain from the transparency game and warn of its emancipatory limits.

This paper aims to analyse and compare the petition for liquidation and administrative liquidation procedures within Saudi and UK insolvency law. It explores how Sharia principles shape insolvency practices and examines critical elements such as creditor rights, asset management and the prioritization of claims. By highlighting the procedural differences and their implications for stakeholders, this study seeks to uncover the effectiveness and fairness of each system. Ultimately, this comparative analysis aspires to contribute to a deeper understanding of how insolvency frameworks influence economic recovery and stakeholder protection in varying legal contexts.

This study uses a comparative analysis approach, drawing from legal texts, academic literature and case law in both Saudi Arabia and the UK. It includes a thorough examination of insolvency statutes, court rulings and procedural frameworks, identifying key differences and similarities. Empirical data regarding insolvency outcomes, such as process duration and creditor recovery rates, will be assessed to evaluate each system’s effectiveness. This methodology aims to provide a comprehensive understanding of insolvency procedures while integrating both theoretical frameworks and practical examples to enrich the analysis.

The findings reveal significant differences in how the petition for liquidation and administrative liquidation procedures are implemented in Saudi Arabia and the UK. Saudi insolvency practices are deeply influenced by Sharia principles, emphasizing fairness and creditor−debtor relationships. In contrast, the UK framework showcases a more commercial approach. This study identifies leadership roles and procedural transparency as critical factors affecting stakeholder outcomes. Overall, the analysis underscores the necessity for continuous improvement in both jurisdictions to enhance the effectiveness and fairness of insolvency proceedings, promoting better economic recovery.

This study’s limitations include its focus on specific legal frameworks, which may restrict the generalizability of findings to other jurisdictions. The reliance on qualitative data from selected cases might not capture the full spectrum of insolvency practices in Saudi Arabia and the UK. Future research is encouraged to test the proposed insights in broader contexts and examine the influence of emerging legal reforms on insolvency practices. In addition, interdisciplinary studies could further enrich the understanding of how cultural and economic factors shape insolvency law.

The comparative analysis provides practical insights for legal practitioners, policymakers and stakeholders involved in insolvency proceedings. Recommendations include enhancing procedural transparency, improving creditor engagement and fostering a balanced approach to liquidation and restructuring. By understanding the unique characteristics of each system, stakeholders can better navigate insolvency processes, ultimately promoting fair treatment and improving recovery outcomes. This study also highlights the importance of aligning local practices with international standards to facilitate cross-border transactions and enhance economic stability.

This paper contributes to the under-researched area of Islamic insolvency law by providing a comparative analysis of liquidation procedures in Saudi Arabia and the UK. It highlights the interplay between Sharia principles and modern insolvency practices, filling a gap in existing literature. By examining the implications for creditors and stakeholders, this study offers valuable insights into the effectiveness and fairness of insolvency frameworks. Its findings can inform future legal reforms and facilitate greater understanding of how different jurisdictions handle insolvency challenges, promoting global best practices in this domain.