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This study aims to examine the link between tax avoidance, corporate governance and narrative disclosure tone using a sample of public companies in Pakistan.

Data for 125 companies listed on the Pakistan Stock Exchange (PSX) are collected over 10 years from 2011 to 2020. Sentiment analysis is conducted to determine the disclosure tone, and regression analysis is used to test the association between the variables.

This paper finds that firms that engage in tax avoidance tend to use a more positive disclosure tone and are more likely to engage in impression management. Moreover, promoting sound governance through board independence and gender diversity is associated with a less positive disclosure tone. However, firms with more family board members and higher foreign ownership are more likely to use a more positive disclosure tone.

Regulators can use this information to develop better guidelines to protect investors and ensure faithful disclosures to address both positive and negative news.

The study contributes to the literature by examining corporate tax avoidance as a determinant of narrative disclosure tone, a relationship that has not been widely explored. Moreover, as most disclosure tone research has been conducted in developed countries, this paper provides valuable evidence from a developing country.

Since Title IX of the Education Amendments of 1972 (Title IX) was signed into law, the landscape of sport in the United States has changed dramatically, not only in terms of sport participation rates for girls and women but also increased levels of support, sponsorship, viewership, competition and media coverage. While educational institutions were slow to develop and implement policies to comply with Title IX, decades later, girls' and women's sports have shown clear signs of having reaped the benefits of the law that prohibits discrimination on the basis of sex or gender in educational programmes receiving federal funding. As girls' and women's participation in scholastic and collegiate sport has grown, however, so too have reported incidents and public exposure of harmful hazing activities among female athletes. The purpose of this chapter is to examine hazing practices in girls' and women's sports, including the perspectives of female athletes and the broader community. Based on quantitative and qualitative survey data, interviews with college female athletes and public responses to hazing reports in the media, this chapter presents an analysis of hazing in girls' and women's sports 40+ years post-Title IX. Findings showed mixed opinions about the dangers and perceived utility of hazing ceremonies, highlighted athletes' ideas to promote positive team interactions in lieu of hazing and considered the impact of contemporary social and cultural shifts on athletes' ability and willingness to speak out against hazing and other forms of violence and abuse in sports.

It is largely acknowledged that arbitrating the flow of knowledge can help firms strategically leverage tacit and explicit internal knowledge. However, despite the apparent scholarly and managerial acceptance of the criticality of the flow of knowledge between various stakeholders, the academic understanding of knowledge arbitrage remains coarse-grained. There are practically no empirical insights available to unravel the consequences of firms’ knowledge arbitrage choices regarding rewards and risks. This study aims to identify the risks that emerge as firms channel the flow of knowledge from surplus to deficit areas within organizational boundaries. To this end, the authors investigate several subsumed subprocesses in knowledge arbitrage to map the associated risks.

This study used an exploratory qualitative approach to examine the risks that emerge as firms attempt to support knowledge flows within their organizational boundaries. The data were collected through open-ended essays via an online research platform from 45 full-time employees of firms operating in different sectors. The collected data were analyzed inductively through open, axial and selective coding.

The research findings identified three key subprocesses of knowledge arbitrage: knowledge diffusion, knowledge brokering and knowledge absorption. These subprocesses are susceptible to various risks arising the form of channels, champions, sharers and receivers of knowledge flows. In general, the study showed that a firm’s decision regarding knowledge flows, such as structured or random flows, or the presence or absence of designated coordinators to broker the flow carries specific risks for both sharers and receivers. In particular, while the risks of knowledge hiding, misinformation and disinformation manifest in all three subprocesses, low employee engagement, loss of knowledge and information overload also emerged as key risks in any two of the three subprocesses.

This study offers valuable insights by uncovering the hitherto unexplored risks in intrafirm knowledge arbitrage. Given that knowledge is a crucial organizational tool for driving performance, innovation and competitive advantage, understanding the risks associated with intrafirm arbitrated knowledge flows can help firms anticipate and mitigate the associated adverse consequences. The findings make a novel contribution by offering (a) a comprehensive categorization of the risks associated with knowledge arbitrage rooted in processes, people and structures and (b) a macro overview of knowledge arbitrage risks associated with the processes of knowledge diffusion, knowledge brokering and knowledge absorption.

Whenever social injustice tackled by social movements receives heightened media attention, charitable crowdfunding platforms offer an opportunity to proactively advocate for equality by donating money to affected people. This research examines how the Black Lives Matter movement and the associated social protest cycle after the death of George Floyd have influenced donation behavior for campaigns with a personal goal and those with a societal goal supporting the black community.

This paper follows a quantitative research approach by applying a quasi-experimental research design on a GoFundMe dataset. In total, 67,905 campaigns and 1,362,499 individual donations were analyzed.

We uncover a rise in donations for campaigns supporting the black community, which lasts substantially longer for campaigns with a societal than with a personal funding goal. Informed by construal level theory, we attribute this heterogeneity to changes in the level of abstractness of the problems that social movements aim to tackle.

This research advances the knowledge of individual donation behavior in charitable crowdfunding. Our results highlight the important role that charitable crowdfunding campaigns play in promoting social justice and anti-discrimination as part of social protest cycles.

Value creation in management education has been argued to happen throughout an academic programme. This study adopts a learner-centric value-perspective approach that advances the view that value creation is not a unitary occurrence but accrues in different forms in each phase of the learner journey process. As learners progress through a management programme, we focus on four key phases in the learner’s journey – pre-admission, pre-programme commencement, programme duration, and post-programme completion. These phases correspond to the learner’s transitioning from a prospect to having secured admission to actively attending classes to having graduated. Accordingly, in each phase of the learner journey in an Indian management education programme, this study (a) maps the institute’s actions, (b) identifies the learner touchpoints, and (c) evaluates the potential learner engagement levels from the respective touchpoints. This study categorizes the emergent value in each phase in the learner journey as the exploration of value, the commencement of value, the formation and augmentation of value, and the accrual of value. The study then concludes with identifying future research areas. Such an approach to deconstructing value can aid management institutions in nurturing talented and engaged learners.

This paper analyzes the impacts of COVID-19 and related policies on airport short-run costs and decomposes the percentage changes in total and average variable costs between pre-COVID-19 and COVID-19 periods. Data for the analysis are a panel of 50 medium and large US airports from 2012 to 2021. COVID-19 measures include COVID-19 cases and deaths. COVID-19-related policies include state-level face mask and COVID-19 vaccine mandates. Based upon a short-term multi-output translog cost function with three positive outputs (departures, non-aeronautical revenue, and workload), three associated negative attributes (delay, congestion, and air pollution), COVID-19 measures and policies, the analysis has three main conclusions: (1) A 1% increase in COVID-19 cases leads to a 0.077% increase in total operating costs. State-level face mask and COVID-19 vaccine mandates increase total operating costs by 15.9% and 16.8%, respectively; (2) COVID-19 and related policies increase airport total operating costs through contractual services costs; and (3) the cost decomposition finds that a 1 million increase in COVID-19 cases results in a 109% increase in average variable costs, while the time/technological progress effect leads to a decrease of 87% compared to the pre-COVID-19 period. Face mask and vaccine mandates increase the average variable costs by 8.91% and 4.19%, respectively. The positive output total effects range from 3.46% to 7.99%. The effects of input prices and negative attributes are relatively small.

University research institutes were established in Malaysian Universities to facilitate research activities that do not fit into discipline-oriented departments, including the multi- and inter-disciplinary research that goes beyond the single-disciplinary boundary. This paper aims to report on a case study of one university research institute established in Universiti Kebangsaan Malaysia (UKM), known as the institute for environment and development (LESTARI). LESTARI conducts multi-disciplinary research that emphasises research and capacity building on issues related to sustainable development. The aims of this paper are to examine the research evolution undergone at LESTARI, and to ascertain its contribution towards sustainable development goals (SDGs).

LESTARI was established two years after the Rio Conference held in 1992, with the aims of promoting sustainable development through research and capacity building. This paper uses a qualitative approach to evaluate the research evolution of LESTARI, and a quantitative analysis to ascertain LESTARI’s contribution to SDGs.

After almost 30 years of establishment, LESTARI has moved from multi-disciplinary research to inter-disciplinary research. Although the transition was based on respective research areas (e.g. chemicals management and geopark), the research maturity of LESTARI is shown in its transformation from conventional to translational research. LESTARI has proven its capability to conduct multi-disciplinary and inter-disciplinary research, and the research outputs are also contributing to the SDGs.

The LESTARI case study has shown that as long as a research institute has a firm and clear research direction, regardless of how it is evaluated and monitored (e.g. evaluated by SDGs), the research institute remains relevant in the context of its establishment.

The findings from this paper serve to set LESTARI as an example for other university research institutes, whether in Malaysia or in other countries.

To the best of the authors’ knowledge, this contribution is the first that discusses the transition from multi-disciplinary research to inter-disciplinary research, as well as the contribution to SDGs, among university research institutes in Malaysia.

Demographic characteristics such as race and ethnicity have long been shown to affect individuals' decision-making and can be associated with various behavioral outcomes. In this paper, we examine the association between the ethnicity of a chief financial officer (CFO) and financial reporting conservatism in a large sample of US public firms. We find that firms headed by CFOs of nonwhite ethnicities exhibit less conservative financial reporting than firms headed by white CFOs; however, this effect is attenuated for firms facing greater external scrutiny. Moreover, nonwhite CFOs in our sample recognize a higher level of discretionary accruals than white CFOs. Our study contributes to the literature on financial reporting and answers the call for more studies on top manager ethnicity effects. More importantly, our findings hold implications for both regulators and investors, given the prevalence and significance of diversity initiatives in today's globalized business environment.