IFRS adoption, cost of equity and firm value: evidence from Iraq

Hameedi, Karrar Saleem; Union, Ali Hilal; Talab, Hassnain Raghib; Almagtome, Akeel

doi:10.26668/businessreview/2022.v7i3.602

Cited by 17 publications

(19 citation statements)

References 15 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The third variable is the group of control variables. Following other prior studies (Farichah, 2017;Maine et al, 2022;Popadić et al, 2015;Hameedi et al, 2022) the study includes variables such as firm size (S), the risk or the leverage (R) and age of the firm (AGE) to the analysis. The firm size is measured by using the algorithm of total assets.…”

Section: Variables Of the Studymentioning

confidence: 99%

Disclosure of Organizational Ambidexterity Activities and Earnings Quality in Oman

AL Ani,

Al-Lawati,

AL Amri

2023

J. Professional Business Review

View full text Add to dashboard Cite

Purpose: This study examines the association between organizational ambidexterity disclosure (OAD) and earnings quality (EQ) in terms of earnings persistence (PER) and value relevance (VR). Theoretical framework: Organizational ambidexterity disclosure (OAD) is one type of forward-looking disclosure (FLD) which includes all information about exploration and exploitation activities. In accounting, the study is interested in how (OAD) affects the firm’s earnings quality. Design/methodology/approach: This study uses the secondary data of non-financial industrial and services firms listed on the Muscat Securities Market (MSX) in Oman for a 5-year period from 2017–2021. The study uses generalized least square (GLS) and feasible general least squares (FGLS) regressions to test the hypotheses and find the results. Findings: Results of the GLS and the robust results of FGLS show that OAD has a positive and significant effect on earnings persistence (PER) and value relevance (VR) and the coefficient of VR is stronger than the coefficient of PER, indicating the importance of OAD on the earnings quality as new evidence in the area of accounting. Research Implications: The results provide crucial implications for researchers, investors, policy makers and managers. The study provides potential leverage points for those responsible for shaping the disclosure and transparency because of it insights on when OAD impacts EQ. Originality/value: This study offers a novel resource-based perspective to explain how Omani firms achieve higher sustainable and value relevance earnings by investing in OA. It also provides new evidence about how an ambidextrous firm improves the sustainable and value relevance earnings.

show abstract

Section: Variables Of the Studymentioning

confidence: 99%

Disclosure of Organizational Ambidexterity Activities and Earnings Quality in Oman

AL Ani,

Al-Lawati,

AL Amri

2023

J. Professional Business Review

View full text Add to dashboard Cite

show abstract

“…By adding (4.5) million people to the poor of Iraq, whose number was estimated before the Corona pandemic at about (7) million people as a result of the pandemic, poverty exceeds (46%) among families with more than (7) people, especially those that include more than Children who are more vulnerable to poverty (Hameedi, Al-Fatlawi, Ali, & Almagtome, 2021). Then poverty rates have increased due to the Coronavirus.…”

Section: Poverty During the Corona Pandemicmentioning

confidence: 99%

The Impact of Coronavirus Pandemic on the Iraqi Economy

Al-Karawi¹,

Almashhadani²

2022

J. Professional Business Review

View full text Add to dashboard Cite

Purpose: The research aims to study the impact of the Corona pandemic on the Iraqi economy and its effect on the various economic sectors, especially after the succession of political crises (October demonstrations and the government's fall). Theoretical framework: The Corona pandemic has left many problems, and consequences beyond the spread of the disease, the most important of which is the almost complete halt in economic life, resulting in the significant decline in various commercial activities, the severance of global supply chains, the collapse of financial markets, the suspension of global trade movement, and the rise in unemployment rates that included the entire developed and developing world, and Iraq is one of them. It caused a worldwide recession. Third, it forced the government to adjust several economic sectors to the economic, financial, and health crises. Design/methodology/approach: The study examines covid-19's influence on Iraq's economy. The article analyzes external debt and economic factors for 2004-2021 and interprets economic development indicators for Iraq for 2004-2021 using an economic model. Findings: The study concluded that the Corona pandemic had more impact on Iraq than other countries due to the conditions that occurred before Corona, from the demonstrations, which were due to the political and economic situation in the country and poor services, and then the impact of the collapse in global oil prices due to the decrease in global demand for oil, which led to a reduction in public revenues to a third, which hindered the government's ability to present the draft budget for the year 2020. Research, Practical & Social implications: we Focus on the banking sector's recovery after the pandemic, this paper provides a unique and critical discussion of the knowledge gap between the economic sciences and the public's awareness of the topic, as well as its implications for the recovery of various economic sectors in Iraq following COVID-19. Originality/value: This article discusses the gap between economic science knowledge and public awareness and its consequences for the revival of several economic sectors in Iraq following COVID-19, emphasizing the banking sector.

show abstract

“…3. Providing information to the management of the economic unit on the cost of products in a way that helps it achieve price stability in the short term and fair pricing (Hameedi, Al-Fatlawi, Ali, & Almagtome, 2021).…”

Section: Cost-based Costing Technology Objectives Based On Time-orien...mentioning

confidence: 99%

The Role Of Time-Oriented Functions based cost system In Reducing Costs Under The Strategic Cost Management Approach

Maher Mohammed Ali,

Habeeb Nashid Jay

2022

AJCMS

View full text Add to dashboard Cite

Technological progress and development and the automation of production processes have made the traditional approach to cost management incompatible with these developments and the administration's need for a complex mixture of quantitative information related to the objective measurement of costs, especially indirect ones, as well as non-quantitative information related to the customer, his needs and desires, all of which reflected the need to move to an approach based on customer relationship management With a strategic dimension that takes into account the developments in the competitive environment, the current research aims to demonstrate the extent of the ability of cost technology to operate on the time-drive functions based cost as a strategic tool that is compatible with developments in the process of allocating indirect costs and the extent of its ability to provide financial and non-financial information on unutilized energy and jobs non-adding value with the aim of eliminating it by achieving a real reduction in product costs. The results of the statistical analysis indicated the highest mean (4.15), standard deviation (86%), and coefficient of variation (20.09) within the percentage weight of (73.33) that the agreement of the cost technique on the time-drive functions based cost and the strategic approach to cost management works to reallocate indirect costs based on the time vectors used to complete each function of the product, providing information to the management of the economic unit about unused energy and non-value-adding functions in a way that achieves the possibility of reducing production costs without affecting the quality of the product and the customer's desires

show abstract

IFRS adoption, cost of equity and firm value: evidence from Iraq

Cited by 17 publications

References 15 publications

Disclosure of Organizational Ambidexterity Activities and Earnings Quality in Oman

Disclosure of Organizational Ambidexterity Activities and Earnings Quality in Oman

The Impact of Coronavirus Pandemic on the Iraqi Economy

The Role Of Time-Oriented Functions based cost system In Reducing Costs Under The Strategic Cost Management Approach

Contact Info

Product

Resources

About