Nana Adwoa Anokye Effah, Baffour Tutu Kyei, Gabriel Kyeremeh and Nash William Kudjo Ekor
Amid growing stakeholder needs, this study aims to assess the effect of boardroom characteristics on the disclosure of forward-looking information by listed firms on the Ghana…
Abstract
Purpose
Amid growing stakeholder needs, this study aims to assess the effect of boardroom characteristics on the disclosure of forward-looking information by listed firms on the Ghana stock exchange (GSE). Further, it investigates the mediating role of firm size in the relationship between boardroom characteristics and forward-looking information disclosure (FLID).
Design/methodology/approach
Using data from the annual reports of a sample of firms on the GSE in 2019 and multiple regression analysis, the effect of boardroom characteristics on the disclosure of forward-looking information is ascertained.
Findings
The results depict that board gender diversity, i.e. female representation on the board, is positive and significantly related to firms’ disclosure levels on the GSE. Similarly, board independence and auditor type have a positive and significant relationship with FLID, whereas profitability and financial leverage do not affect disclosure levels. The further analysis depicts that the relationship between board size and FLID is mediated by firm size.
Practical implications
This study’s findings would aid management, market regulators and investors in Ghana and other developing contexts assess mechanisms that would increase FLID among firms to satisfy stakeholders.
Originality/value
This paper focuses on the extent of FLID after the setbacks and subsequent rejuvenation of Ghana’s financial and nonfinancial system. Specifically, this paper adds to the few studies on the African continent that examined the influence of boardroom characteristics on FLID.
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Anubha Srivastava and Harjum Muharam
The authors aim to examine the association between earnings and book values with stock prices in India during the IFRS convergence period because, in India, the literature is yet…
Abstract
Purpose
The authors aim to examine the association between earnings and book values with stock prices in India during the IFRS convergence period because, in India, the literature is yet to investigate more about IFRS convergence and its impact on the financial reporting environment. Hence, the purpose of this study is to assess the influence of IFRS conversion on the value relevance of accounting information throughout the IFRS conversion period.
Design/methodology/approach
The current paper endeavors to investigate the earnings and book values affiliation with stock prices in India during the IFRS convergence period by employing a price valuation model (Ohlson’s Model). The study assembled a total of 3,440 firm-year observations from the National Stock Exchange in India over five years, which signifies the IFRS conversion period (2015–2019).
Findings
The research findings displayed that accounting information such as earnings, book value has value relevance throughout the IFRS enforcement period; however, the value relevance has been increasing for earnings and showing a descending association for book value. The significant explanatory power of earnings reveals that market participants give more weightage to earnings than book values. Overall, the findings of the study will facilitate improved decision making for both, capital market participants and regulators, by highlighting the key areas for improvement in the Indian capital market.
Research limitations/implications
This study also extends a discussion on the subject in those economies where regulations are weak and the market is imperfect with asymmetrical information.
Practical implications
The research outcome provides for empirical shreds of evidence regarding the value relevance of accounting information during IFRS enforcement in India, where IFRS is a recent emergence.
Social implications
This paper examines the value relevance of accounting information during IFRS convergence period in India which will felicitate improved decision making for both, market regulators and investors.
Originality/value
This research is the first factual documentation regarding value relevance of earnings and book value during the IFRS enforcement process in India with the most recent data and contributes to the limited study conducted in developing nations like India.
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Francis Kamewor Tetteh, Gabriel Atiki, Andrews Kyeremeh, Francisca Delali Degbe and Prosper Apanye
Though business analytics capability continues to attract considerable industrial and scholarly attention, its holistic performance implications, especially in the post-COVID-19…
Abstract
Purpose
Though business analytics capability continues to attract considerable industrial and scholarly attention, its holistic performance implications, especially in the post-COVID-19 period, have not been fully understood. Thus, there have been calls for a full understanding of the implications of BAC for achieving holistic, sustainable outcomes among firms. This study therefore examines the influence of BAC on the three dimensions of sustainable performance. We also proposed the mediating role of circular economy implementation.
Design/methodology/approach
We tested the proposed model using survey data from 246 managers of manufacturing firms in Ghana. Partial least squares structural equation modelling was employed to validate the model.
Findings
Our findings showed that BAC significantly enhances both sustainable performance and circular economy implementation. We also found a significant association between CEI and sustainable performance. We further found significant partial mediation of CEI in the BAC sustainable performance nexus.
Practical implications
Our study offers thoughtful insights for managers, policymakers and the academic community that firms should simultaneously implement circular models alongside building analytics competencies in the quest to achieve balanced performance outcomes.
Originality/value
To the best of our knowledge, our study is among the very few attempts to understand the mechanism that channels the benefits of BAC for a holistic, sustainable outcome.
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Francis Kamewor Tetteh, Dennis Kwatia Amoako, Andrews Kyeremeh, Gabriel Atiki, Francisca Delali Degbe and Prince Elton Dion Nyame
The coronavirus disease 2019 (COVID-19) pandemic represents one of the most significant disruptions to supply chains (SCs), stimulating both practitioners and scholars to seek…
Abstract
Purpose
The coronavirus disease 2019 (COVID-19) pandemic represents one of the most significant disruptions to supply chains (SCs), stimulating both practitioners and scholars to seek ways to enhance supply chain performance (SCP). Recent advancements in technology, particularly supply chain analytics (SCA) technologies, offer promising avenues for mitigating risks associated with SC disruptions like those posed by the COVID-19 pandemic. However, the existing literature lacks a comprehensive analysis of the connection between SCA and healthcare SC (HSC) performance. To address this research gap, we employed the dynamic capability perspective to investigate the mediating roles of supply chain innovation (SCI), resilience (SCR) and flexibility (SCF) in the relationship between SCA and HSC performance. The study further examined the moderating role of a data-driven culture (DDC).
Design/methodology/approach
The proposed model was tested using survey data from 374 managers of healthcare facilities in Ghana. SPSS and Amos were used to analyze the data gathered.
Findings
The results showed that while SCA may drive HSC performance, the presence of SCI, SCR and SCF may serve as channels to drive enhanced HSC performance. Additionally, we also found that different levels of a DDC induce varying effects of SCA on SCI, SCR and SCF.
Research limitations/implications
The study’s results have theoretical and practical implications, offering valuable insights for the advancement of SCA in healthcare literature. They also deepen SC managers’ comprehension of how and when SCA can boost HSC performance. However, as the study was limited to healthcare facilities in Ghana, its findings may not be universally applicable.
Originality/value
This study contributes to the literature by demonstrating that SCI, SCR, SCF and a DDC could serve as transformative mechanisms to reap superior HSC outcomes. This study also offers contemporary guidance to managers regarding SCA investment decisions.
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Francis Kamewor Tetteh, Dennis Amoako Kwatia, David Asante, Andrews Kyeremeh and Prince Elton Nyame
The paper examines the influence of procurement capabilities (skills) and procurement planning on project success in Ghana. The paper further examines the mediating role of…
Abstract
Purpose
The paper examines the influence of procurement capabilities (skills) and procurement planning on project success in Ghana. The paper further examines the mediating role of procurement planning.
Design/methodology/approach
Drawing insights from human capital theory, a model of four hypotheses was developed and validated. The proposed model was validated using survey data from 200 procurement and construction professionals at construction firms in Ghana. The data gathered was analysed using structural equation modelling. Confirmatory factor analysis using Amos software was conducted to establish reliability and validity of the constructs. Hayes process was employed to test the structural model.
Findings
Our study revealed that procurement capabilities and procurement planning directly improve project success in the construction sector in Ghana. We found procurement planning acts as a pathway for achieving greater success in construction projects.
Originality/value
This study is among the very few attempts to demonstrate how project success could be enhanced through developing procurement capabilities for effective procurement planning. Theoretically, this study is among the first attempts to theorise the effect of procurement capabilities and planning on project success from the human capital perspective. Our findings also offer practical insight to practitioners in the construction setting by emphasising the need to pay crucial attention to capabilities and planning in the quest to enhance project success in the construction setting. The findings indicate that building capabilities alone is not enough; rather, the ability to deploy such capabilities for effective procurement planning is necessary for driving project success.
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Francis Kamewor Tetteh, Kwaku Kyei Gyamerah, Bright Nyamekye, Gabriel Atiki and Raphael Ashia
The COVID-19 pandemic disrupted existing business models, forcing managers in the manufacturing industry to look for new strategies that could help their firms bounce forward. The…
Abstract
Purpose
The COVID-19 pandemic disrupted existing business models, forcing managers in the manufacturing industry to look for new strategies that could help their firms bounce forward. The situation calls for a rethink, redesign, and development of new business models (BMs) using digital capabilities. Drawing from the dynamic capability theory, this paper investigates how digital transformation (DT) influences business model innovation (BMI) through technology orientation (TO). The paper further examined the moderating role of competitive intensity (CI) in the DT-TO link.
Design/methodology/approach
The model was tested using survey data from 208 senior managers in manufacturing firms in Ghana. SPSS 23 and structural equation modeling (SEM) were used for the analyses.
Findings
The results revealed that both DT and technology orientation directly influence all four dimensions of BMI. The result further showed that technology orientation indirectly mediates the relationship between DT and all four dimensions of BMI. The findings further showed that the DT-BMI link is amplified at varying levels of competitive intensity.
Originality/value
Although recent research has highlighted the pertinence of embracing DT to foster innovation, to the best of the authors’ knowledge, this study among the first few attempts to shed light on the role of DT for sensing, seizing, and (re) configuring firms’ resources to renovate manufacturing business models to stay competitive. In addition, to date, to the best of the authors’ knowledge, no study exists that has examined the conditions and mechanism through which optimal BMI can be achieved through DT. The paper offer practical guidance to managers of manufacturing firms by developing an actionable framework to effectively leverage digital transformation for business model innovation through enhanced technology orientation, offering clear guidelines for assessing and aligning organizational capabilities with digital strategies.
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Eka Rastiyanto Amrullah, Hiromi Tokuda, Aris Rusyiana and Akira Ishida
The COVID-19 pandemic has significantly affected access to adequate and nutritious food, resulting in hunger, malnutrition and increased food insecurity. The purpose of this study…
Abstract
Purpose
The COVID-19 pandemic has significantly affected access to adequate and nutritious food, resulting in hunger, malnutrition and increased food insecurity. The purpose of this study was to identify the households in Indonesia that were most likely to experience the pandemic's effects.
Design/methodology/approach
Using raw data from nationwide Indonesian household socioeconomic and expenditure surveys (SUSENAS 2020 and SUSENAS 2021), food insecurity was measured using the Food Insecurity Experience Scale (FIES). A multinomial logistic regression model was used to analyze the data.
Findings
The prevalence of mild, moderate and severe food insecurity increased from 20.61% to 21.67% and from 1.28% to 1.37%, respectively, between 2020 (the initial stage of the COVID-19 pandemic) and 2021 (the period during which the infection rapidly spread nationwide). The estimation results of the multinomial logistic regression analysis indicated that urban households, which may have had more difficulties with income generation and access to food due to behavioral constraints, were more likely to be affected by the pandemic. Additionally, economically vulnerable poor households, households with low levels of education or unemployed heads were more likely to be affected by the pandemic.
Originality/value
To the best of the authors knowledge, this is the first study to access the impact of economic downturn and social restrictions due to the COVID-19 pandemic on household food insecurity in Indonesia, using the nationwide household survey data.
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Isaac Tetteh Charnor and Evelyn Kukuwa Quartey
Electronic procurement has received primacy as one of the significant reforms to help fight corruption and inefficiencies in the public sector across countries. The purpose of…
Abstract
Purpose
Electronic procurement has received primacy as one of the significant reforms to help fight corruption and inefficiencies in the public sector across countries. The purpose of this paper is to examine the effect of electronic procurement adoption on procurement performance. Additionally, the paper examines the moderating role of institutional quality in the relationship between electronic procurement and procurement performance.
Design/methodology/approach
The study applied an explanatory design and a quantitative research approach. Also, the study relied on UTAUT and institutional theory to develop a test research model using 121 responses from public entities in Ghana. Hypothesised paths were investigated using structural equation modelling.
Findings
The findings revealed that electronic procurement adoption positively and significantly affects procurement performance. Also, the findings indicated that institutional quality positively and significantly affects electronic procurement adoption and procurement performance, respectively. Lastly, the findings proved that institutional quality moderates the relationship between electronic procurement adoption and procurement performance.
Research limitations/implications
The study focused on public procurement entities in the Greater Accra Region – Ghana. The study contributes to adopting electronic procurement, institutional quality, and procurement performance literature. The study also extends the UTAUT and the institutional theory to African public entities. The study reechoes the importance of institutional quality in developing economies to enhance electronic procurement adoption.
Originality/value
To the best of the researcher’s knowledge, this is the first study that examines the moderating role of institutional quality in the relationship between electronic procurement adoption and procurement performance.