Department of Accounting and Finance

Does the quality of country-level governance have an impact on corporate environmental disclosure? Evidence from GCC countries

Gerged, Ali; Beddewela, Eshani; Cowton, Christopher (Article)

Despite the growth in corporate environmental disclosure (CED) across the world, there remains considerable heterogeneity in the extent to which firms disclose their environmental impacts. To better understand these changes ...

Credit Rating, Banks' Capital Structure and Speed of Adjustment: A Cross-Country Analysis

Wojewodzki, Michal; Boateng, Agyenim; Brahma, Sanjukta (Article)

Recent studies examining the effects of a credit rating on firms’ capital structure and adjustment of capital structure to target have focused predominantly on non-financial firms, with virtually no attention given to ...

Mandatory Disclosure, Greenhouse Gas Emissions and the Cost of Equity Capital: UK Evidence of a U-shaped Relationship

Gerged, Ali Meftah; Matthews, Lane; Elheddad, Mohamed (Article)

This paper examines the effects of disclosing greenhouse gas (GHG) information mandatorily on the cost of equity capital (COC) using a longitudinal unbalanced panel database of the UK’s FTSE 350 firms for the period 2011 ...

Global liquidity and capital flow regulations

Osina, Nataliia (Article)

After the Global Financial Crisis, the usage of capital controls and macroprudential policies has returned and becomes an essential element of the policy paradigm in different countries. However, our knowledge on the ...

Global liquidity, market sentiment, and financial stability indices

Osina, Nataliia (Article)

This paper investigates the determinants of global liquidity, measured using BIS data on cross-border claims of banks (bank flows) in a sample of 149 countries. The main contribution of our paper is in identifying the ...

The relationship between bank size and the propensity to lend to small firms: New empirical evidence from a large sample

Mkhaiber, Achraf; Werner, Richard A. (Article)

Small and medium-sized enterprises, in aggregate, are the biggest employer in most countries, accounting for about two thirds of all employment in the UK, more than 70% in Germany and about 80% in Japan. Small firms are ...

Factors affecting corporate environmental disclosure in emerging economies – the role of corporate governance structures

Gerged, Ali (Article)

This study seeks to examine whether internal corporate governance (CG) mechanisms affect Corporate Environmental Disclosure (CED) in emerging economies. Using a sample of 500 firm-year observations, this study distinctively ...

Living up to the Busan Partnership for effective development co-operation? Assessing Government Financial Systems

Mear, Fred; Wynne, Andy; Hadziyiannakis, Yiannis (Conference)

Experience shows that when low and middle income country national administrative systems are bypassed aid has not been effective and sustainable (OECD, 2012) hence the start of the millennium saw a new concerted effort to ...

What are the risks of using big data, policy making and organisational performance measurement? – An international perspective

Mear, Fred (Conference)

The role of big data carries with it great opportunities to improve the public services and administration. The ability to manage large volumes of data, process and draw conclusions and develop policies via Artificial ...

CEOs' market sentiment and corporate innovation: the role of financial uncertainty, competition and capital intensity

Lartey, Theophilus; Danso, Albert; Owusu-Agyei, Samuel (Article)

Using panel data of 4,225 firms headquartered in the US, we examine the effects of CEOs’ market sentiment on corporate innovation capacity. We also examine the extent to which sentiment-innovation relation is moderated by: ...

Does Reforming the Public Financial management system reduce corruption?

Mear, Fred; Komakech, Samuel; Mear, Anna; Ellam, Louis (Presentation)

The presentation looked at the initial findings of the correlation between improvements in PFM as measured by the PEFA framework and the Corruption Perception Index. It identified some areas of high correlation and some ...

Technological progress, non-price factors competitiveness, and changes in trade income elasticities: empirical evidence from South Korea and Hong Kong

Leone, Vitor; Resende Cunha, Marco Flavio; Coleman, Simeon; Torres Almeida Raposo, Daniela (Article)

In the balance-of-payments-constrained growth model literature, income elasticities (IEs) are considered as the crucial element determining a country’s long-run growth rate. Although the extant literature accepts that ...

Subsidiarity as Secret of Success: ‘Hidden Champion’ SMEs and Subsidiarity as Winning HRM Configuration in Interdisciplinary Case Studies

Mear, Fred; Werner, Richard (Article)

Innovation plays a central role in the economy, both as enginge for economic growth, as Schumpeter identified, and for corporate competitiveness and success. There is a growing literature on the role HRM plays in stimulating ...

Auditing in the time of social distancing: The effect of COVID-19 on auditing quality

Albitar, Khaldoon; Gerged, Ali; Kikhia, Hassan; Hussainey, Khaled (Article)

Purpose: Our paper aims to discuss the theoretical impact of Covid-19 social distancing outbreak on audit quality. Design/methodology/approach: Our paper uses a desk study method to explore the possible impact of COVID-19 ...

Examining the accounts of oil spills crises in Nigeria through sensegiving and defensive behaviours

Mgbame, Oscar; Egbon, Osamuyimen (Article)

Purpose: The paper examines how oil multinational companies (MNCs) in Nigeria framed accounts to dissociate themselves from causing oil spills. Design/methodology/approach: We utilised data from relevant corporate reports, ...

CEO extraversion and capital structure decisions: the role of firm dynamics, product market competition, and financial crisis

Lartey, Theophilus; Kesse, Kwabena; Danso, Albert (Article)

Using panel data of U.S. firms, we focus on an important yet understudied facet of the chief executive officer’s (CEO) personality—extraversion—and how it affects corporate capital structure decisions. We examine how this ...

Does the quality of voluntary disclosure constrain earnings management in emerging economies? Evidence from Middle Eastern and North African Banks

Salem, Rami; Ezani, Ernest; Gerged, Ali; Usman, Muhammad; Alqatamin, Rateb Mohammad (Article)

Purpose This study examines the influence of the quality of voluntary disclosure (QVD) on earnings management (EM) among a sample of commercial banks in the Middle East and North Africa (MENA) region. Design/methodolog ...