Grace Mubako and Tatiana Mazza
The purpose of this paper is to examine the factors that are associated with internal auditors’ professional turnover intentions.
Abstract
Purpose
The purpose of this paper is to examine the factors that are associated with internal auditors’ professional turnover intentions.
Design/methodology/approach
The study analyzes data from responses to the Institute of Internal Auditors’ (IIA) (2015) Common Body of Knowledge global survey and uses a multivariate approach to identify factors that influence internal auditor turnover intentions.
Findings
Results show that internal auditor turnover intentions are negatively associated with an academic background in accounting, possessing internal audit professional certification, and having access to more training opportunities. Turnover intentions are positively associated with organizational-professional conflict, restricted access to documents and personnel, and the existence of a program of using the internal audit function as management training ground. Differences by IIA global region highlight the diversity in the turnover challenges that face the professional globally.
Originality/value
Results from this study are important because they bring attention to issues that potentially lead to internal auditors leaving the profession. This can help the profession and organizations take measures to motivate internal auditors to remain in the profession and alleviate the current staffing challenges faced by the profession.
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Grace Mubako and Susan Charowedza Muzorewa
The purpose of this study is to examine the nature and extent of interaction and the relationship between internal auditors (IAs) and external auditors (EAs) from the perspective…
Abstract
Purpose
The purpose of this study is to examine the nature and extent of interaction and the relationship between internal auditors (IAs) and external auditors (EAs) from the perspective of the IAs in a developing country, Zimbabwe.
Design/methodology/approach
This study was carried out by soliciting the opinions of chief audit executives (CAEs) in Zimbabwe through an online survey that was distributed via e-mail.
Findings
The study finds that the interaction between the IAs and EAs is limited and that EAs may not be making full use of the internal audit function (IAF). Findings also suggest that the relationship between the auditors is, in some instances, strained and that the actions of management do not always facilitate the fostering of a good, productive relationship between the auditors.
Originality/value
Results of this study contribute to the understanding of the nature and extent of interaction between the IAF and EAs in an African setting. The study also solicits qualitative data about the relationship between IAs and EAs where previous research has largely focused on objective measures, failing to take into account factors such as attitudes and biases, which can affect this relationship. Finally, the results of this study bring to light important, previously under-explored issues, which provide opportunities for future research.
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Rick N. Francis, Grace Mubako and Lori Olsen
This study aims to remind researchers that measurement errors and inappropriate inferences may result from improperly combining and adjusting certain Center for Research in…
Abstract
Purpose
This study aims to remind researchers that measurement errors and inappropriate inferences may result from improperly combining and adjusting certain Center for Research in Security Prices (CRSP) measures.
Design/methodology/approach
In addition to real-world working examples, the study uses earnings announcements data to examine the effects of improperly combining and adjusting CRSP measures.
Findings
This study assists researchers with the following two considerations when using CRSP data: stand-alone share prices adjusted with CRSP adjustment factors are inaccurate in the presence of property dividend, spin-off and rights offering events; and ignoring covertly missing stock returns may create misleading test results. The primary objectives of the study are to help researchers increase the integrity of their studies and the probability of publication.
Research limitations/implications
Inadequate consideration for the two issues discussed in the paper may change the researcher’s statistical inferences.
Originality/value
Archival researchers who overtly address and discuss the existence of these issues achieve two important and related benefits. First, the researcher increases his or her credibility with editors and reviewers, which enhances the probability of a published study. Second, the researcher increases his or her perceived technical competency, which potentially affects promotion and tenure decisions, editorial membership decisions, co-authorship opportunities and other professional effects. Doctoral students will find this study to be particularly useful.
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Kathleen B. Aviso, Sed Anderson K. Holaysan, Michael Angelo B. Promentilla, Krista Danielle S. Yu and Raymond R. Tan
The onset of climate change is expected to result in variations in weather patterns which can exacerbate water scarcity issues. This can potentially impact the economic…
Abstract
Purpose
The onset of climate change is expected to result in variations in weather patterns which can exacerbate water scarcity issues. This can potentially impact the economic productivity of nations as economic activities are highly dependent on water especially for agricultural countries. In response to this, the concepts of virtual water and water footprint have been introduced as metrics for measuring the water intensity of products, services and nations. Researchers have thus looked into virtual water trade flows as a potential strategy for alleviating water scarcity. The paper aims to discuss these issues.
Design/methodology/approach
Environmentally extended input-output models (IOMs) are often used to analyze interactions between economic and ecological systems. This work thus develops a multi-regional input-output model for optimizing virtual water trade between different geographic regions in consideration of local environmental resource constraints, product demands and economic productivity.
Findings
A case study on agriculture crop production and trade in different regions of the Philippines is utilized to demonstrate the capabilities of the model. The results show that the optimal strategy does not necessarily limit a water-scarce region to produce less water-intensive crops.
Research limitations/implications
The model uses an input-output framework whose fixed coefficients reflect a fixed technological state. As such, the model is best used for short-term projections, or projections for mature technological state (i.e. where no major gains in efficiency or yield can be foreseen).
Practical implications
The proposed modeling framework can be used in any geographic region (provided relevant statistical data are available for calibration) to provide decision support for optimal use of limited water resources.
Originality/value
The model proposed in this work has general applicability to the optimal planning of agro-industrial systems under water footprint constraints. This modeling approach will be particularly valuable in the future, as climate change causes changes in precipitation patterns and water availability.