Purpose This study aims to analyze the relationship between corporate governance attributes and the International Financial Reporting Standard (IFRS) compliance among Zambian listed companies. Design/methodology/approach Data was collected through content analysis of annual reports and audited financial statements of 20 Zambian listed companies for the period 2012 to 2018. This is a longitudinal study which involved panel data analysis. A Hausman test was conducted to select the model to use to run the panel regression analysis. Findings The results indicate a positive statistically insignificant relationship between board size, board independence and IFRS compliance. A statistically significant negative relationship between audit committee independence and IFRS compliance. However, there is a positive relationship between board members with accounting and auditing experience, the inclusion of women on the board and IFRS compliance. Research limitations/implications Limitation includes the narrow focus on listed companies only which cannot be generalized to other public interest and private companies in Zambia. Practical implications The study findings imply that corporate governance attributes such as the inclusion of qualified and experienced Chartered Accountants and women on the board will increase IFRS compliance. The appointment criteria of non-executive directors should be strengthened. Originality/value This is the first empirical study to analyze the relationship between IFRS compliance and corporate governance in Zambia. The study also responds to the call by the World Bank (2017) to empirically study IFRS compliance in Zambia and contributes to the scant literature in developing countries on determinants of IFRS compliance.
Zambia is one of the fastest developing countries in Africa. It is land linked and has one of the most urbanizing cities, the capital, Lusaka. The country is now grappling with serious challenges of managing municipal solid waste that is generated from its growing population and increased economic activity. Circular economy ensures that all the negativities of linear economy are reduced or prevented by ensuring reduced generation of waste at source, reuse of the generated waste and if these cannot be implemented, recycling of the generated waste follows. This results into environmental benefits such as clean and safe air and water. Land degradation or pollution is prevented. Therefore, there is need to implement circular economy as an antidote to the current municipal solid waste challenges. Municipal solid waste management is a critical public good that provides a barometer for the effectiveness of any governance system around the world. Successive governments should embed the waste management issue in all the policies developed for to ensure sustainability. In today’s world of material scarcity and a call to action toward climate change action, it cannot be over emphasized that circular economy is the antidote to municipal solid waste challenges Zambia is facing.
Small-scale contractors (SSCs) require management strategies in implementing occupational health and safety (OH&S) performance at projects to reduce accidents, injuries, fatalities and diseases. Management strategy success factors have been acknowledged to be of great benefit in improving in OH&S performance. Hence, the study sought to assess the management strategy success factors for the improvement of OH&S performance by SSCs in Zambia’s electricity industry. Using quantitative methods, data was collected using a survey questionnaire from 246 respondents representing firm owners, managers, project managers and OH&S representatives at electricity industry projects at 70.3% response rate. Descriptive and inferential statistics were adopted as methods of data analysis using exploratory factor analysis. After analysis, the success factors were clustered into three construct categories within OH&S performance namely, compliance and workplace processes, policy and human resource development, and leadership and structure significant values ranging from 0.513 to 0.972. The independent reliability was tested using the Cronbach Alpha coefficient. The study exposed management strategy success factors are well recognised by most SSCs and contributed to the body of knowledge in this mastery by introducing three success factors for OH&S performance. It is recommended that these factors be adopted and considered to improve OH&S performance management by SSCs in the electricity industry in Zambia.
Development of urban housing requires participation of various stakeholders, from the state, private sector, and community to the civil society organizations. Cognizant of that fact, this research sought to establish the measurement model for stakeholders’ participation in an urban housing development from the neo-liberal perspective. The study employed a quantitative approach, in which a structured questionnaire containing 25 indicator variables identified from literature was administered to a total of 214 respondents drawn from key institutions involved in housing development and planning in Lusaka, Zambia. Data collected were analyzed through exploratory factor analysis (EFA) as well as confirmatory factor analysis (CFA), with goodness-of-fit based on a two-index strategy used in determining model acceptability. Results revealed that stakeholders’ participation is defined by seven variables, namely: private sector participation in the provision of affordable housing finance; private sector participation through construction of rent-to-buy housing; private sector participation through partnering in the provision of basic services; community participation in the develop of housing programs; the state facilitating access to affordable housing finance; the state stimulating private sector involvement in affordable housing provision; non-governmental organizations participation by coordinating the communities. The study outlines roles of various actors in housing development from a developing country’s perspective.
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