Complexity in accounting for derivatives

Malaquias, Rodrigo Fernandes; Zambra, Pablo

doi:10.1108/arj-11-2017-0192

Cited by 13 publications

(11 citation statements)

References 58 publications

(75 reference statements)

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“…This supports early studies that concentrated on gender differences and concluded that men are more familiar with financial matters compared to women (Mittelstaedt and Wiepcke, 2014) and that they have increased levels of anxiety when dealing with complex mathematical calculations (Hill et al. , 2016; Malaquias and Zambra, 2019). Moreover, due to being more averse to risks (Adams and Ferreira, 2009; Croson and Gneezy, 2009) and more conservative (Barber and Odean, 2001), their impact are more apparent in the operational characteristics than in financial ones, as ROA and leverage are more controllable by the management through taking direct decisions while the management can do little regarding most of the operational characteristics studied in this research (e.g.…”

Section: Conclusion Limitation and Future Researchsupporting

confidence: 84%

“…This is due to their increased anxiety when dealing with complex mathematical calculations (Hill et al. , 2016; Malaquias and Zambra, 2019).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

“…Moreover, Mittelstaedt and Wiepcke (2014) clarified that men are more familiar with and interested in financial matters than women. This is due to their increased anxiety when dealing with complex mathematical calculations (Hill et al, 2016;Malaquias and Zambra, 2019).…”

Section: Role Of Gender Diversitymentioning

confidence: 99%

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Firm characteristics and forward-looking disclosure: the moderating role of gender diversity

Abdelazim

Metwally

Aly

2022

JAEE

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PurposeThe purpose of this study is to examine the impact of firm financial and operational characteristics on the level of forward-looking information disclosure (FLID) by Egyptian-listed non-financial companies. The present research also aims to investigate the moderating role of gender diversity on the board of directors.Design/methodology/approachThe sample incorporates the non-financial companies included in the EGX 100 of the Egyptian Stock Exchange (ESE), whose reports were available during the study period from 2013 to 2018. The final sample comprises 49 companies with 294 observations. Statistical analysis is performed using multiple regression analysis.FindingsThis study found a significant positive impact of return on assets, leverage, company size and age on the level FLID, while external audit firm type and industry were found to impact the level of FLID negatively. Further, the board gender diversity (BGD) is found to have a moderating impact as it strengthens the effect of financial and operational characteristics on the level of FLID.Practical implicationsThe present study has some implications for Egyptian companies, investors in the Egyptian market and regulators in emerging economies, which include paying more attention to BGD when selecting the board members by companies as well as following up the female representation in all the listed companies by regulators.Originality/valueTo the best of the authors’ knowledge, this is the first study to investigate the moderating role of BGD and its impact on the level of FLID in emerging markets. This extends the disclosure literature as the present study brings new evidence from an emerging market regarding BGD moderating role as early research concentrated on the direct impact of BGD on the level of FLID.

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Section: Conclusion Limitation and Future Researchsupporting

confidence: 84%

“…This is due to their increased anxiety when dealing with complex mathematical calculations (Hill et al. , 2016; Malaquias and Zambra, 2019).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

See 1 more Smart Citation

Firm characteristics and forward-looking disclosure: the moderating role of gender diversity

Abdelazim

Metwally

Aly

2022

JAEE

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“…For this purpose, through the printed research questionnaire, we collected the primary data from 26 librarians in the directorate of archives and libraries and its suboffices based on 5-point Likert scale ranging from (1strongly agree to 5strongly disagree). Data based on 5-point Likert scales (Malaquias and Zambra, 2019) are useful for respondents to express their point of view openly, which is helpful for quantitative statistical analysis of data set (Braunsberger and Gates, 2009). Our research questionnaires are based on a study of past published literature with a focus on budget preparation, implementation and related challenges.…”

Section: Research Methodology and Data Sourcesmentioning

confidence: 99%

Budget harmonization and challenges: understanding the competence of professionals in the budget process for structural and policy reforms in public libraries

Rafi

Ahmad

Zheng

2020

PMM

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PurposeIn the past, the field of public libraries proved to be a neglected area of government in terms of allocating handsome budgets for adequate services and developing infrastructure. The aim of this research is (1) to understand the level of library professionals and associated challenges in the preparation and implementation of the budget in public libraries and (2) to analyze the annual grand and regular library budget allocated to public libraries.Design/methodology/approachA comprehensive literature search was carried out from work published in the past – the quantitative study based on a structured research questionnaire followed by the five-point Likert scale. The primary data were collected by distributing printed questionnaires among the library professionals serving in the directorate of public libraries and its suboffices. The secondary data “Budget Grand” for seven years (2009–2015) and the regular budget for two years (2015–2016) were collected from seven public libraries, and data on the district population and literacy rate were obtained from the provincial bureau of statistics. The authors used the one-way ANOVA on primary data to determine the average difference between samples and descriptive statistics on secondary data.FindingsSurvey results show that budgeting is a useful tool for predicting the future, controlling resources and improving employee performance and departmental levels. The findings disclosed that the annual budget review includes guidelines for implementation without adequate discussion and guidance for overcoming challenges. In addition to increasing print and database resources, currency fluctuations, unfair resource allocation and budgeting processes proved to be a potential obstacle to the execution of the library budget. Moreover, library material usage and regular membership are decreasing compared to literacy rates in each district of the province. It also turned out that the limited resources in a library compared to the population and the insufficient budget for operation, maintenance and other library processes posed another challenge for the administration.Practical implicationsThe results, which are based on the primary data of experts and the secondary data on the library budget, can help the directorate of public libraries to push ahead with budgetary reforms and overcome challenges.Social implicationsThis article outlines some basic steps for librarians, publishers and sellers to cope with changes caused by currency fluctuations and falling budget pressures. Given the regional population, literacy gaps and the current state of libraries, the results could also cause the government to expand the public library network across the province.Originality/valueThe study builds upon the qualitative method using a questionnaire and on the secondary data for an in-depth understanding of the whole budgetary process. This comprehensive coverage of the budgeting process provides professionals with useful information in preparing a balanced budget for public libraries.

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“…Derivatives are a means of risk management applied by firms (Hairston & Brooks, 2019;Lee et al, 2020;Malaquias prices for a company and its industry. In Vietnam, derivative instruments have been implemented by the companies that have an enhanced investment opportunity, but low levels of cash (Xuan, 2017).…”

Section: Introductionmentioning

confidence: 99%

Barriers to Derivative Accounting Disclosure: The Case of Vietnamese Firms

Nguyen¹,

TRAN²,

Nguyen³

2020

JAFEB

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This paper explores the barriers to derivative accounting disclosures in Vietnamese companies and ranks their relative importance for effective and efficient remedies. The Delphi technique was applied to get agreement of panel of experts on the measurement of factors hindering disclosure. Unstructured questionnaires were first sent to twelve experts who had both practical experience and academic knowledge in the field to get ideas on the obstructions to derivatives disclosure. The structured questionnaire was designed to get their agreement on barriers to derivative accounting disclosures. The data analysis with mean, median, mode, standard deviation, and quartile has been implemented to ensure the unanimity. Market-related factors, legislation, accountants' attributes, managers' attributes, information technology and communication, and on-site training were the six major obstacles agreed upon by the experts during their in-depth interviews. Then, these factors were ranked by applying the analytical hierarchy process (AHP). The findings confirmed the priority of information technology and communication, which held the greatest weight. Legislation ranked second, followed by market-related factors and on-site training, which explained the impediments to derivatives disclosure. Managers' and accountants' attributes had the least contribution to the barriers to derivative disclosures. The results have important implications for actions to enhance corporate derivative disclosures in Vietnam.

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Complexity in accounting for derivatives

Cited by 13 publications

References 58 publications

Firm characteristics and forward-looking disclosure: the moderating role of gender diversity

Firm characteristics and forward-looking disclosure: the moderating role of gender diversity

Budget harmonization and challenges: understanding the competence of professionals in the budget process for structural and policy reforms in public libraries

Barriers to Derivative Accounting Disclosure: The Case of Vietnamese Firms

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