2025 June - 55 articles
Past and current advances in artificial intelligence (AI) have resulted in a significant impact on business and accounting. Over time, AI has slowly transformed from the 1950s to today, from rule-based systems, also known as expert systems, to the de...
In today’s environment of increased uncertainty, firms face new challenges in aligning sustainability orientation (SO) with financial performance (FP). In this non-ergodic world, past trends offer limited insight into the future due to economic...
The Belt and Road Initiative (BRI) is the first and currently the most expansive global infrastructure initiative, notably for its scale and emphasis on connectivity. In response, alternative initiatives such as the Partnership for Global Infrastruct...
Approximately two decades after the approval of POCP, and following an assessment of the need for an accounting system that meets the demands of proper planning, accountability, and financial control, the SNC-AP was introduced. This system, regulated...
Inclusive growth is increasingly recognized as being critical to sustainable development, particularly in the context of rising income inequality and social polarization around the globe. Effective policy requires robust measurement, prompting the ne...
The aim of this article is to forecast the systemic risk contribution and exposure measured by the delta conditional value at risk (ΔCoVaR) and the marginal expected shortfall (MES), respectively. We first estimate the ΔCoVaR and MES for...
This study investigates the dynamic relationships between climate change and financial stability in South Africa by employing a Bayesian vector autoregression model (BVAR). Using data from 1991 to 2022, we examine the impact of carbon emissions, adju...
This study investigates the interactive link between bank performance and financial innovation in Tunisian banking using a mixed-methods research framework that combines econometric approaches and institutional factors. The empirical analysis uses a...
This paper investigates the link between commodity price volatility and stock market indices in Nigeria, Ghana, and Côte d’Ivoire, focusing on commodities such as oil, cocoa, and gold over a daily period from 2 January 2020 to 31 December...
This study investigates the impact of physical and financial infrastructure on the dynamics of net total capital flows in BRICS economies over the period 2010–2024. Using panel data and a fixed-effects regression model with robust standard erro...
This study investigates key factors influencing individuals’ intentions to incorporate digital assets into inheritance planning in Thailand. The research focuses on three primary determinants: demographic characteristics, knowledge of digital a...
This paper investigates systemic tail dependence within the crypto-asset ecosystem by examining interconnectedness across eight major tokens spanning Layer 1 cryptocurrencies, DeFi tokens, stablecoins, and infrastructure/governance assets. We employ...
This study explores the transformative role of financial technology (fintech) in advancing sustainability, financial inclusion, and customer engagement in Jordan’s banking sector. Utilizing a quantitative descriptive survey design, data were co...
This study investigates how managers choose between alternative earnings management mechanisms among syndicated loan borrowers. Specifically, it examines the trade-off between accrual-based earnings management (AEM) and real activities manipulation (...
A company’s base, or physical location, is often a criterion or condition for inclusion in regional development programmes that offer investment incentives such as reduced taxes, subsidised loan rates, or funding for research and development pr...
In the context of an increasingly digital economy, firms are rapidly adopting technological innovations to bolster financial resilience and competitiveness. However, the quantitative impact of digital transformation on key financial outcomes—sp...
Sustainability has become one of the main drivers of organizational performance. This study investigates the integration of sustainability with the balanced scorecard (BSC) as a framework for translating environmental management strategy into organiz...
This study systematically reviews academic research on artificial intelligence (AI) in financial fraud prevention. Employing a bibliometric approach, we analyzed 137 peer-reviewed articles published between 2015 and 2025, sourced from Scopus, Web of...
Financial literacy plays a crucial role in shaping individual investment decisions by influencing susceptibility to behavioural biases such as heuristics, framing effects, cognitive illusions, and herding mentality. While most existing studies have e...
Audit committees monitor the actions of managers as they pursue the goal of shareholder wealth maximization. The purpose of this study is to measure the impact of audit committee oversight on novel aspects of firm performance, including investor rati...
In light of the growing global emphasis on sustainability, understanding the nexus between green banking practices and banks’ profitability is essential and timely. The main aim of this study was to conduct a meta-analysis examining the link be...
Purpose—This study examines the interaction of economic openness, governance, and money laundering. The paper’s main objective is to analyze how trade openness, foreign direct investment, and anti-corruption measures influence the risk of...
This article considers the impact of self-sufficiency in basic raw materials on the level of systematic risk, required return and capitalization on the example of Russian ferrous metallurgy companies. The methods applied include classical approaches...
The aim of this study was to qualitatively pre-test a research instrument to assess the financial literacy skills of professional athletes who compete in a team sport environment. Questions were developed based on a review of the current literature a...
This research investigates the spillover effects between assets of the Fourth Industrial Revolution (4IR), focusing on the role of climate policy uncertainty in shaping these interactions. Using a time-varying parameter vector autoregressive (TVP-VAR...
Transparency in ESG financial materiality disclosure by corporations is now in doubt due to the inconsistent ESG framework that governs ESG disclosures, particularly in developing nations like South Africa. This is evident in the financial performanc...
This study examines the interplay between oil price volatility, sustainability-driven initiatives, and the MSCI UAE Index, highlighting the challenges that oil-dependent economies face in balancing financial stability with sustainability transitions....
This paper offers a systematic literature review of age-related disparities in the adoption of digital payment systems, a phenomenon that is becoming increasingly relevant as financial transactions become predominantly digital. Using the SPAR-4-SLR p...
This study investigates the relationship between the CEO characteristics and investment–cash flow sensitivity (ICFS) of Indian manufacturing firms. By using the GMM technique, this study finds that CEO characteristics reduce ICFS. Further, this...
The purpose of this research is to examine how relationships between corporate control environments and stakeholders mediate the different dimensions of pressure on auditor independence. In France, two (joint) auditors are required by law for listed...
The relative performance evaluation (RPE) hypothesis posits that executive compensation should not be influenced by uncontrollable exogenous shocks. However, prior studies often find limited empirical support for this hypothesis, partly because ident...
This study examines the performance and resilience of Islamic banks during the COVID-19 pandemic, a period marked by unprecedented global economic disruption. Drawing on empirical data and a comparative analysis with conventional banking institutions...
This paper investigates the relationship between economic freedom and economic growth in Latin America and the Caribbean over the period 1997–2023, using data from 14 countries. To capture the multidimensional nature of economic freedom, two wi...
In this paper, we introduce a generalised mutually exciting Hawkes process with random and independent jump intensities. This model provides a robust theoretical framework for modelling complex point processes and appropriately characterises the fina...
Achieving the Sustainable Development Goals (SDGs) depends significantly on enhancing tax revenue mobilization and transforming tax culture among both institutional and individual taxpayers [...]
The eyeglass lens manufacturing industry has become increasingly vulnerable to supply chain risks due to overlapping global disruptions, including the COVID-19 pandemic, the Suez Canal blockage, the Russia–Ukraine conflict, Red Sea shipping ins...
Bayesian nonparametric methods, particularly the Dirichlet process (DP), have gained increasing popularity in both theoretical and applied research, driven by advances in computing power. Traditional Bayesian estimation, which often relies on Gaussia...
This study presents a bibliometric analysis, using spatial approach, of 943 articles from 2003 to March 2025 showing the growing importance of CDSs in the literature and their role in credit risk management. The Web of Science’s Core Collection...
Many of the existing theoretical and empirical studies ignore the two-way relationship between a sovereign’s credit risk and economy. To address this gap, we develop a theoretical model that incorporates the feedback effects of sovereign-debt c...
This study aimed to examine the influence of red flag awareness and self-efficacy on the ability to detect fraud through professional skepticism. This study was conducted on commercial banks in Indonesia, due to the high level of fraud that occurs in...
The purpose of this paper is to forecast the sovereign credit risk for Egypt, Morocco, and Saudi Arabia during political crises. Our approach uses machine learning models (Linear Regression, Ridge Regression, Lasso Regression, XGBoost, and Kernel Rid...
The credit constraint, an example of an incomplete credit market, provides an incentive to intensify the extensive and intensive margins related to labor force participation and work hours, respectively. This study uses the cross-section data from th...
This paper investigates the extent to which political risk affects exporter-financed trade transactions. Using industry-level trade finance data from Turkey, we show that export transactions executed under open-account terms decrease with the politic...
Capital budgeting, particularly sophisticated decisions, is key to the financial performance and risk management of firms, yet academic studies have documented their relationship inconsistently. This study employs the fundamentals of resource-based v...
Financial time series in volatile markets often exhibit non-stationary behavior and signatures of stochastic chaos, challenging traditional forecasting methods based on stationarity assumptions. In this paper, we introduce a novel multi-expert foreca...
This study empirically examines how Big4 audit firms mediate the relationship between family-controlled enterprises and their earnings management practices. Analyzing a dataset of 61 non-financial family-listed companies listed on the Indonesia Stock...
The aim of this study is to examine the impact of VBM success on the corporate sustainability of Thai listed firms. The effects of successful VBM on decision-making effectiveness, business value creation, and corporate competency are also investigate...
Results of studies have varied significantly regarding the effect of ESG investment on firm value. This paper weighs in on this issue by analyzing how changes in ESG scores impact excess stock market returns (alpha) and risk-adjusted returns (Sharpe...
We evaluate the impact of firm strategy on the variability of future performance for R&D firms and how firm strategy mediates the relation between R&D expenditures and firm outcome uncertainty of sales revenue, earnings, and operating cash fl...
Temporary book-tax differences (BTDs) serve as critical proxies for understanding corporate earnings management and tax planning. However, the drivers of large negative BTDs (LNBTDs)—where book income falls below taxable income—remain und...
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