The study uses content analysis to explore the relationship between board features, audit committee and ownership structures on intellectual capital (IC) disclosure whilst controlling for firm specific characteristics such as firm-size, profitability, leverage and type of auditor. This study also attempts to provide empirical evidence on the influence of corporate governance on voluntary IC information in a developing nation drawing from both the agency and institutional theories. It was found that ownership structure

No abstract

Purpose This study aims to investigate internal control (IC) implementation in higher education institutions (HEIs). This study also explores determinants, obstacles and contributions of IC implementation within HEIs. Design/methodology/approach The study uses a qualitative research method by conducting semi-structured interviews with internal auditors of HEIs. Findings This study found a difference of IC among all HEIs in terms of design. IC implementation is perceived to have a positive contribution to accountability enhancement and fraud mitigation. Several determinants and obstacles faced by HEIs in implementing IC are presented in the paper. Practical implications The IC has to be operated effectively to achieve its benefit. However, not all HEIs implement IC properly. Originality/value This paper is a pioneer study that raises IC implementation in HEIs and its role in governance practices and corruption mitigation.

Purpose This study aims to examine the determinants of accountability and transparency of Indonesian village government(s), namely, the competence and organisational commitment of village government staff, and the consequences of accountability and transparency for village community trust. Design/methodology/approach This research was conducted in village governments in the province of the Special Region of Yogyakarta, covering four regencies: Sleman, Bantul, Kulon Progo and Gunung Kidul. A total of 128 village governments participated in this research. Data were collected by distributing a questionnaire survey, and a partial least squares technique was used to test the research hypotheses. Findings The study revealed that village government staff's competence and organisational commitment are positively associated with accountability. However, organisational commitment and accountability are not associated with transparency. In addition, it was discovered that transparency is positively associated with village community trust but accountability is not. Originality By testing the determinants and consequences of accountability and transparency following the ratification of the new village law regulating village government governance, this study is, to the best of the authors’ knowledge, pioneering research.

In the current business environment, firms are faced with intensifying competition locally and globally, and fast changes in customers and technologies. In this environment it is vital that small and medium enterprises (SMEs) are equipped with appropriate and modern financial and management accounting practices in order for them to survive and remain profitable. One of the factors that determine the performance of a business organization is effective use of financial and management accounting reports. However, thus far very little published evidence on accounting practices among SMEs in Malaysia is found. This study aims to examine the financial and management accounting practices among SMEs in Malaysia and to investigate perceived usefulness of accounting reports for decision making. A survey was carried out using the SMEs in manufacturing listed by SMIDEC, as the sampling frame. A total of 76 usable questionnaires were used for the final data analysis. The findings from the survey provide pertinent and useful insights into the current financial and management accounting practices and the level of perceived usefulness of the accounting reports among SMEs. The results of the study indicate that a majority of the firms surveyed prepare their financial and management accounting reports on a monthly basis. With regards to the purpose of financial accounting reports, the results show that preparing tax returns rank first, followed by providing information to shareholders, and providing information to government agencies. Management accounting reports provide the most useful information for planning and control, followed by product pricing and lastly, employee performance evaluation. Financial accounting reports were perceived to be more useful than management accounting reports. Among the financial accounting reports, profit and loss statement was considered as most useful, followed by cash flow and balance sheet. Among the management accounting reports, production report was rated highest in terms of usefulness, followed by budget and variance analysis.