Umar Habibu Umar and Sulaiman Musa
This paper aims to establish whether Jaiz Bank Nigeria, Plc (JBNP) adopts the corporate social responsibility (CSR) practice and disclosure of Islami Bank Bangladesh (IBBL) as the…
Abstract
Purpose
This paper aims to establish whether Jaiz Bank Nigeria, Plc (JBNP) adopts the corporate social responsibility (CSR) practice and disclosure of Islami Bank Bangladesh (IBBL) as the latter provided managerial and technical assistance to the former.
Design/methodology/approach
The data were extracted from the annual reports and accounts of the banks from 2013 to 2017.
Findings
The study established that over the period, IBBL had clearly disclosed sector-wise CSR expenditures and the number of beneficiaries, such as humanitarian and disaster relief, education, health and environment, among others, for the welfare of the poor and the needy in the country. However, the CSR practice and disclosure of IBBL have not yet been adopted by JBNP. It only discharges CSR activities through its foundation called Jaiz Foundation, with unlawful income based on the doctrine of necessity, as approved by the Financial Regulation Advisory Council of Experts (FRACE) of the Central Bank of Nigeria (CBN). Further, the total amount to expend for CSR activities is located in the statement of sources and uses of charity funds.
Research limitations/implications
The study covered only two Islamic Banks. Besides, only CSR aspects for the community service and development over five years were examined.
Practical implications
It is suggested that JBNP should adopt the CSR practice and disclosure of IBBL for the welfare of the poor and the needy in Nigeria.
Social implications
Adopting the IBBL CSR practice and disclosure by JBNP would contribute to the minimization of the incidence of poverty in Nigeria.
Originality/value
This study, to the best knowledge of the researchers, is among the few of its kind that deeply evaluated the CSR expenditure of Islamic banks solely for the welfare of the poor and the needy of the society.
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Umar Habibu Umar, Abubakar Isa Jibril and Sulaiman Musa
This study aims to examine the effects of audit committee attributes on corporate philanthropic donations before and during the COVID-19 pandemic.
Abstract
Purpose
This study aims to examine the effects of audit committee attributes on corporate philanthropic donations before and during the COVID-19 pandemic.
Design/methodology/approach
The study targets Nigeria’s listed firms between 2019 and 2020. We hand-collected the data from the available published annual reports of 141 and 128 firms for 2019 and 2020, respectively. Therefore, the authors used a total of 269 firm-year observations for the study. The authors used ordinary least square regression to analyze the data and Tobit regression to establish the robustness of the results.
Findings
The results indicate that the frequency of audit committee meetings has a significant positive relationship with corporate philanthropic donations before and during COVID-19. In the case of audit committee independence, it has only a significant positive relationship with corporate philanthropic donations during the pandemic. However, the findings reveal that audit committee size and foreign directors on the audit committee do not influence corporate philanthropic donations before and during COVID-19.
Research limitations/implications
The study considers audit committee characteristics out of the corporate governance mechanisms that can influence the philanthropic donations of the listed firms in Nigeria over two years from 2019 and 2020.
Practical implications
The findings have practical implications for encouraging the audit committee to support philanthropic donations for the welfare of the poor and the needy, particularly in difficult times like the COVID-19 period. The results could also help regulators and policymakers to provide regulations and policies that can encourage firms to participate actively in philanthropic activities to their best ability.
Social implications
Motivating firms to provide philanthropic donations for the welfare of underprivileged persons could strongly support the government’s effort to minimize the socioeconomic problems caused by COVID-19.
Originality/value
The study contributes to the scant literature that establishes the impact of audit committee attributes on firm philanthropic donations toward helping the poor and the needy in difficult periods.
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Umar Habibu Umar, Abubakar Isa Jibril and Sulaiman Musa
This study aims to investigate the impact of board attributes on the corporate social responsibility (CSR) expenditure of the listed firms before (2019) and during (2020) COVID-19…
Abstract
Purpose
This study aims to investigate the impact of board attributes on the corporate social responsibility (CSR) expenditure of the listed firms before (2019) and during (2020) COVID-19 in Nigeria.
Design/methodology/approach
The data were manually extracted from the annual reports of all the listed companies that published their reports for the years. A total of 266 firm-year observations were generated, comprising 140 and 126 observations for 2019 and 2020, respectively.
Findings
The results indicate that the frequency of board meetings and foreign directors on the board significantly influence CSR expenditure before and during COVID-19. Board independence had a significant positive association with CSR expenditure before COVID-19 but insignificantly positive during it. However, board size and gender diversity do not influence CSR expenditure before and during COVID-19.
Research limitations/implications
The study used secondary data from the annual reports to compare the impact of board attributes on the CSR expenditures of listed firms in Nigeria between 2019 and 2020.
Practical implications
Providing effective CSR regulations and incentives could motivate or mandate the board of directors to incur CSR expenditure within the company’s financial capacity for society’s welfare, particularly under challenging times like COVID-19.
Social implications
Encouraging firms to incur more CSR expenditures to their ability will contribute to poverty alleviation and improve socio-economic development.
Originality/value
This study is one of the few that investigated the effects of board characteristics on CSR expenditure for the welfare of the poor and the needy. Besides, it uniquely focused on comparing the results before and during COVID-19.
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Haider Hassan Itoo and Nazim Ali
The present study is a novel attempt to measure the impact of population growth, natural resource depletion, non-renewable energy consumption, growth of national income…
Abstract
Purpose
The present study is a novel attempt to measure the impact of population growth, natural resource depletion, non-renewable energy consumption, growth of national income, remittances inflow and industrial output on carbon dioxide emissions in India during the period of 1980–2018.
Design/methodology/approach
Autoregressive distributive lag (ARDL) is used to achieve the objective. The application of FMOLS (fully modified ordinary least squares), DOLS (dynamic ordinary least squares) and CCR (canonical cointegrating regression) techniques illustrate statistical robustness.
Findings
The long-run ARDL results confirm that increase in population, national income and energy consumption have a positive and significant impact on pollution levels in India. In contradiction to this, long run results further reveal that the increase in natural resource depletion, industrial output and remittances inflow have insignificant and negative impact on pollution levels in India. Further, the empirical findings did not find any evidence for the applicability of the environmental Kuznets curve (EKC) in India during the study period.
Research limitations/implications
The study is confined to only a few important determinants of CO2 emissions in India. However, there is a large chunk of studies that have incorporated other determinants of CO2 emissions. Specifying a few determinants of CO2 emissions in India is itself a lacuna in the present study. Moreover, taking the time period from 1980 to 2018 is also one of the limitations of the study.
Practical implications
Plenty of research has been devoted to the causal relationship between the environment and its various determinants. However, not much attention has been paid to investigating the association between population growth, natural resource depletion, energy consumption, GDP per capita, remittances inflow, industry and carbon dioxide emissions in India. Since, CO2 emissions are one of the widely accepted and applied emissions in EKC applications, which the present study intends to test. Moreover, the study employs advanced econometric techniques including ARDL framework, FMOLS, DOLS and CRR methodologies to achieve robust results. Such an investigation will potentially allow policymakers to frame efficient environmental and fiscal policies to achieve the desired results.
Originality/value
The continuous increase of CO2 emissions in India has compelled policy makers to prioritize this issue as soon as possible and formulate national environmental policy for reducing the share of carbon dioxides emissions in climate change. The study could constitute the focus of future research.
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This study aims to identify the effect of the Quranic approach on understanding Islamic accounting among accounting students.
Abstract
Purpose
This study aims to identify the effect of the Quranic approach on understanding Islamic accounting among accounting students.
Design/methodology/approach
This study used an experimental field design with pre- and post-test involving 107 participants. Based on the self-determination theory, this study explores the role of Quranic involvement in Islamic accounting instructional design to improve learning outcomes. This study used a comparative analysis of an independent sample of the approach (Quranic vs technical learning) in instructional design (mathematics vs conventional).
Findings
This study proves that Islamic accounting learning outcomes differ between the Quranic and technical learning approaches. The Quranic approach provides better learning outcomes based on post-test scores. This difference is consistent in both conventional and mathematical instructional designs.
Research limitations/implications
First, this study is limited to the alleged role of the Quranic approach in participants' intrinsic motivation. Further studies can explore how and what part of participants' intrinsic motivation is affected by the Quranic approach. Second, this research is limited to the basics of Islamic accounting. Further studies can explore the role of the Quranic approach in understanding Islamic accounting transactions with higher complexity.
Practical implications
This study can be used to develop Islamic accounting instructional designs using a Quranic approach.
Originality/value
This study provides empirical evidence on the Quranic approach's role in improving learning outcomes. This study also fills in the scarcity of research on Islamic accounting teaching.
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Farizah Sulong, Michael M. Dent, Norhayati Mohd Alwi and Maliah Sulaiman
Integrated Case Study, Advanced Management Accounting, Environmental Management Accounting (EMA), Human Resource Management.
Abstract
Subject area
Integrated Case Study, Advanced Management Accounting, Environmental Management Accounting (EMA), Human Resource Management.
Study level/applicability
This case is designed for undergraduate students in accounting, business or human resource management programmes.
Case overview
The case is about Irfan, a former Production Manager in Omicron, a small and medium-sized enterprise in Selangor, Malaysia, manufacturing automotive metal parts. Irfan is truly enthusiastic for environmental and cost-reduction tools and wishes to pursue it further to his best possible. The case presents Irfan facing the dilemma of how to align his passion for these tools to his future career choice. He is faced with three options – to remain in Omicron, to accept a job offer in another company or to establish his own consultancy firm. The case highlights the heavy involvement of Irfan in the implementation of a new environmental tool, Material Flow Cost Accounting (MFCA) in Omicron, and all the tasks, activities, benefits and challenges encountered. Being at the ground with the implementation and outputs achieved, Irfan is excited about MFCA and wants to continue with it, due to the rich and valuable experience gained from its implementation and its potential for future savings. However, he does not seem to observe a similar excitement among the higher management. The case details an example of the implementation of MFCA for one of Omicron’s products and other relevant information that could serve as a guidance to any future implementation either in Omicron, the new company or even his own company. The case also provides details about Omicron and how Irfan regard Omicron as his second family to hint a strong pulling factor for Irfan to remain in Omicron, hence providing the extra weight on the dilemma he faces.
Expected learning outcomes
In the process of assessing a career choice dilemma for a middle-level manager, students are expected to analyse the three career options available to this middle manager, whose dilemma also relates to his passion of pursuing environment-related and cost-reduction tools. Where the environment is concerned, some parties need extra persuasion to pursue it and this also triggers the middle-manager’s dilemma. This case is intended to provide a tool to enable students to review and discuss matters, such as overcoming obstacles of pursuing environmental-related initiatives and progressing a mid-life career that provides self-fulfilment financially, emotionally and mentally. Among the theories and concepts referred include diffusion of innovations theory, EMA concepts and Hofstede’s cultural dimensions.
Supplementary materials
Teaching Notes are available for educators only.
Subject code
CSS 1: Accounting and Finance.
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Zaidatul Akma Sulaiman, Mohammad Iranmanesh, Behzad Foroughi and Othman Rosly
This paper aims to investigate the impact of Shariah-compliant hotel attributes on Muslim travellers’ revisit intention.
Abstract
Purpose
This paper aims to investigate the impact of Shariah-compliant hotel attributes on Muslim travellers’ revisit intention.
Design/methodology/approach
A total of 361 Muslim travellers who have stayed at Shariah-compliant hotels in the previous 12 months were recruited to take part in this research. The hypothesized research model was assessed using the partial least squares (PLS) approach.
Findings
The analysis revealed that Muslim travellers’ revisit intention is dependent on the halal food and beverages and the provision of Shariah-compliant facilities at the hotel, whereas the Shariah-compliant operation and interior design of hotels are not significantly associated with it. The findings also uncovered that religiosity moderates the impacts of Shariah-compliant facilities and interior design on travellers’ revisit intention.
Practical implications
Guidelines to offer services that meet Muslim travellers’ needs can be developed based on the results of this study to help Shariah-compliant hotel marketers attract and retain more customers.
Originality/value
The findings of this study have provided insights into the importance of halal attributes and practices in retaining Muslim customers at Shariah-compliant hotels.
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Alhashmi Aboubaker Lasyoud, Jim Haslam and Robin Roslender
The purpose of this paper is to investigate the change in management accounting and control systems (MACSs) within two large public manufacturing companies in Libya so-called…
Abstract
Purpose
The purpose of this paper is to investigate the change in management accounting and control systems (MACSs) within two large public manufacturing companies in Libya so-called Trucks and Buses Company (TBC) and National Trailers Company (NTC).
Design/methodology/approach
The paper is based on semi-structured interviews, an analysis of documents and observations. It draws on New Institutional Sociology (NIS) perspective (DiMaggio and Powell’s 1983) as theoretical framework to provide explanations regarding how the MACS in the two companies were shaped by various factors.
Findings
The main factors identified in shaping the operations of the MACS were the need to comply with the political pressures, the Libyan Government’s laws and regulations, the instructions imposed by the management committee in both companies, leading organizations’ pressures (ISO), customer satisfaction (coercive isomorphism), the influence of professional associations (normative isomorphism) and the need to imitate efficient organizations in order to be more legitimate and successful (mimetic isomorphism).
Research limitations/implications
The findings of the study have implications for understanding the operations of MACS in developing countries. Future research could focus on alternative theoretical perspectives for the investigation of the process of change in MACS such as structuration theory, agency theory and actor-network theory.
Originality/value
The proposed theoretical framework provides insights into the process of change by focusing on the interplay between the institutional forces, market forces and intra – organizational power relationships to overcome the criticism of NIS that it downplays the role of market forces and intra – organizational power relations.
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Ahmed Saad Abdelwahed, Ahmad Abd El Salam Abu-Musa, Hebatallah Abd El Salam Badawy and Hosam Moubarak
This study aims to empirically investigate the impact of adopting big data and data analytics (BD&A) on audit quality (AQ).
Abstract
Purpose
This study aims to empirically investigate the impact of adopting big data and data analytics (BD&A) on audit quality (AQ).
Design/methodology/approach
A questionnaire was distributed among audit practitioners working at audit firms in Egypt and 205 responses were collected. Partial least square structural equation modeling (PLS-SEM) was used to analyze and test research hypotheses.
Findings
The results reveal that BD&A has a direct significant positive effect on the audit process (AP) and auditor competence (AC). However, an insignificant impact of BD&A is found on audit fees (AF). In addition, the results indicate that BD&A has significant positive direct and indirect impacts on AQ.
Research limitations/implications
The results of this study will benefit several auditing stakeholders, such as audit firms, audit regulators, novice financial auditors and academic scholars.
Originality/value
This research is one of the earliest to empirically address the role of BD&A in enhancing AQ. It incorporates AP, AC and AF as mediators into a single model to explain the impact of BD&A on AQ. Also, it attempts to provide empirical evidence from a developing country with a less-regulated audit environment.
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Juma Bananuka, Musa Kasera, Grace Muganga Najjemba, Doreen Musimenta, Bob Ssekiziyivu and Saadat Nakyejwe Lubowa Kimuli
The purpose of this paper is to report on the results of a study carried out to examine the mediating effect of attitude in the relationship between subjective norm, religiosity…
Abstract
Purpose
The purpose of this paper is to report on the results of a study carried out to examine the mediating effect of attitude in the relationship between subjective norm, religiosity and intention to adopt Islamic banking in a developing secular state like Uganda.
Design/methodology/approach
This study’ research design was cross sectional. Closed ended questionnaires were distributed to 258 managers of micro businesses in Uganda. Data were analyzed with the help of SPSS v22 and MedGraph program (Excel version).
Findings
Attitude is a significant mediator in the relationship between subjective norm and intention to adopt Islamic banking. Also, attitude significantly mediates the relationship between religiosity and intention to adopt Islamic banking.
Research limitations/implications
The study used only a single research methodological approach; therefore, future research could be undertaken using a mixed-methods approach.
Practical implications
Emphasis should be put on improving the mindsets of Ugandans toward Islamic banking.
Originality/value
While there has been a number of studies on Islamic banking, this study provides an initial empirical evidence on the mediation effect of attitude in the relationship between subjective norm, religiosity and intention to adopt Islamic banking in a single study in an African developing secular state like Uganda.