Department of Accounting and Finance

Market Sentiment and Firm Investment Decision-Making

Danso, Albert; Lartey, Theophilus; Amankwah-Amoah, Joseph; Adomako, Samuel; Lu, Qinye; Uddin, Moshfique (Article)

While research on factors driving corporate investment decisions has blossomed, knowledge related to the Chief Executive Officer’s (CEO’s) market sentiment on investment decision outcomes is lacking. In this study, we ...

The prospects for environmental accounting and accountability in China

Margerison, John; Fan, Mingyue; Birkin, Frank (Article)

Foucault’s ideas on episteme change are used to help understand change taking place in China from the “industrial civilization” to an “ecological civilization”. If episteme change is taking place this could be reflected ...

How Corporate Governance affect Firm Value and profitability? Evidence from Saudi Financial and Non-Financial Listed Firms

Gerged, Ali; Agwili, Ahmed (Article)

This paper investigates the possible effects of corporate governance (CG) mechanisms on the firm market and accounting value (FV) in Saudi Arabia after the 2011 CG reforms using a sample of 300 annual reports of financial ...

Ecological civilization - China's emerging ecological civilization

Zhen, Liu; Fan, Mingyue; Margerison, John (Book chapter)

Going green, going clean: Lean-green sustainability strategy and firm growth

Lartey, Theophilus; Owusu-Yirenkyi, Diana; Adomako, Samuel; Danso, Albert; Amankwah-Amoah, Joseph; Alam, Ashraful (Article)

Despite the widespread recognition of the paybacks of “going green” and “going clean”, limited research has focused on the impact of lean-green strategy on firm growth. In this study, we contribute to strategy and environmental ...

Exploring Corporate Sustainable Development Goals (SDGs) Disclosure in a Politically Unstable Environment: Evidence from the Libyan Oil Industry

Almontaser, Tariq; Gerged, Ali (Article)

Purpose: This paper provides a novel mapping method to sustainable development goals (SDG) disclosure based on empirical web-data analysis of a context has recently undergone revolutionary changes in its political regime, ...

Motives, Choice of Entry Mode, and Challenges of Bank Internationalisation: Evidence from China

Boateng, Agyenim; Weijing, H.; Ring, P. (Article)

This study examines the motives, entry mode choice and challenges of the international expansion in an emerging country context. Data was collected via interviews from 30 senior managers based on a sample of 10 Chinese ...

Extreme downside risk and market turbulence

Harris, Richard D. F.; Nguyen, Linh H.; Stoja, Evarist (Article)

We investigate the dynamics of the relationship between returns and extreme downside risk in different states of the market by combining the framework of Bali, Demirtas, and Levy (2009) with a Markov switching mechanism. ...

Managing earnings using classification shifting: Novel evidence from Jordan

Al-Haddad, Lara; Gerged, Ali; Saidat, Zaid (Article)

In response to McVay calls for more research to provide additional cross-sectional tests of classification shifting, the current paper examines whether Jordanian public companies engage in earnings management through ...

High frequency trading, price discovery and market efficiency in the FTSE100

Leone, Vitor; Kwabi, Frank (Article)

This study examines the role of high frequency trading in price discovery and efficiency in the FTSE100 index tick changes. Using a unique data set, we find that there is no random walk when investors extract information ...

Institutional voids, international learning effort and internationalization of emerging market new ventures

Adomako, Samuel; Amankwah-Amoah, Joseph; Obeng Danquah, George; Danso, Albert; Donbesuur, Francis (Article)

Much of the existing scholarly works portray institutional voids (IVs) in emerging economies as impeding forces against the development of new ventures. However, little attention has been paid to how such voids generate ...

Environmental sustainability orientation, competitive strategy and financial performance

Owusu-Agyei, Samuel; Danso, Albert; Adomako, Samuel; Konadu, R.; Amankwah-Amoah, Joseph (Article)

Extant research has established that environmental sustainability orientation (ESO) has a positive influence on performance outcomes. Nevertheless, several contingencies tend to affect the strength of this relationship. ...

Systematic Extreme Downside Risk

Harris, R.D.F.; Nguyen, Linh H.; Stoja, Evarist (Article)

We propose new systematic tail risk measures constructed using two different approaches. The first is a nonparametric measure that captures the tendency of a stock to crash at the same time as the market, while the second ...

The effects of stakeholder integration on firm-level product innovativeness: Insights from small and medium-sized enterprises in Ghana

Adomako, Samuel; Amankwah-Amoah, Joseph; Danso, Albert (Article)

In spite of growing research on the influence of external stakeholders on firm outcomes, there is a paucity of research on how they influence innovation in emerging economies. In addition, the specific environmental factors ...