Ethics and Sustainability in Accounting and Finance, Volume I (eBook)

Kıymet Tunca Çalıyurt (Herausgeber)

eBook Download: PDF

2019 | 1st ed. 2019
XVIII, 275 Seiten
Springer Singapore (Verlag)
978-981-13-3203-6 (ISBN)

Infos

This book discusses recent developments relating to ethical and sustainable issues in accounting & finance. Accounting is often seen as a technical discipline that records, classifies and reports financial transactions. However, since the financial information produced concerns all interest groups both within and outside the enterprise, accounting also has social characteristics and involves multi-faceted duties and responsibilities. As such, in addition to basic principles and accepted rules and standards in the field, this book focuses on the ethical aspects and fundamentals of this profession that accountants should also take into consideration, as this is the only way to build and preserve society's confidence in accounting and increase its social credibility.

K?ymet Tunca Çal?yurt graduated from the Faculty of Business Administration and Economics, Marmara University, Istanbul Turkey. She also has Masters and Ph.D. degrees in Accounting and Finance from the Social Graduate School at Marmara University. She pursued her postdoc studies on 'Accounting and Corporate Social Responsibility' with Prof. David Crowther at London Metropolitan University in 2003. Her research interests are in accounting, auditing, fraud, social responsibility, corporate governance, finance, business ethics with a special interest in NGOs, and aviation management. She has business experience as a management trainee at McDonald's, as a member of the finance staff at Singapore Airlines, and as an auditor at Horwath Auditing. She is external auditor and trainer at Consulta Auditing Company, INAA in Istanbul under the presidency Prof Dr. Emre Burckin.

Autor

Kıymet Tunca Çalıyurt graduated from the Faculty of Business Administration and Economics, Marmara University, Istanbul Turkey. She also has Masters and Ph.D. degrees in Accounting and Finance from the Social Graduate School at Marmara University. She pursued her postdoc studies on "Accounting and Corporate Social Responsibility" with Prof. David Crowther at London Metropolitan University in 2003. Her research interests are in accounting, auditing, fraud, social responsibility, corporate governance, finance, business ethics with a special interest in NGOs, and aviation management. She has business experience as a management trainee at McDonald's, as a member of the finance staff at Singapore Airlines, and as an auditor at Horwath Auditing. She is external auditor and trainer at Consulta Auditing Company, INAA in Istanbul under the presidency Prof Dr. Emre Burckin.

Inhalt

Preface 6
Acknowledgements 7
Contents 8
Editor and Contributors 10
List of Figures 13
List of Tables 14
Overview 16
1 Introduction: Why Do We Need to Discuss on Ethics, Sustainability in Accounting 17
1.1 Codes on Ethics in Accounting Profession 18
1.1.1 Codes for Accountants in Business 19
1.1.2 Codes for Accountants in Public Service 19
1.2 Recent Literature on Accounting Ethics 20
References 22
Social Responsibility and Sustainability in Accounting 24
2 Enhancing Governance Through Accounting Reform: A Local Council Evidence 25
2.1 Introduction 25
2.2 Literature Review 27
2.3 Factors Influencing Adoption of Accrual Accounting 29
2.4 Institutional Theory 30
2.5 Research Methodology 31
2.6 Findings and Discussions 33
2.7 Accrual Accounting Implementation 33
2.8 Accounting Reform 34
2.9 Factors Influencing Accounting Reforms Implementation 36
2.10 Budget Allocation for IT Implementation 36
2.11 Auditor’s Opinion 37
2.12 Conclusion 38
References 39
3 Accounting Ethics Education in Turkey: An Evaluation Within the Frame of Opportunities and Challenges 42
3.1 Introduction 42
3.2 Accounting Ethics Education in Turkey 44
3.3 Opportunities in Accounting Ethics Education in Turkey 46
3.3.1 Socioeconomic Structure of Turkey: Informality, Loss of Tax, and Tax Evasion 46
3.3.2 Development and Application of Corporate Governance Principles 47
3.3.3 Crises and Financial Scandals 49
3.3.4 Transition to International Accounting Standards 50
3.3.5 Developments in the Accounting Profession 52
3.4 Challenges Probably to Be Faced in Accounting Ethics Education in Turkey 53
3.4.1 Who Should Teach Accounting Ethics? 54
3.4.2 Who Should Take Ethics Classes? 55
3.4.3 Should Accounting Ethics Be Taught as a Separate Course or Be Included in the Contents of Other Courses? 56
3.4.4 What Teaching Methods and Techniques Should Be Used? 57
3.5 Conclusions and Recommendations 58
References 59
4 The Relationship Between Corporate Social Responsibility and Earnings Management In Terms of Accounting Information Quality 62
4.1 Introduction 63
4.2 The Concept of Corporate Social Responsibility 64
4.3 Definition of Accounting Information Quality 65
4.4 The Relationship Between Earnings Management, Accounting Information Quality, and IAS/IFRS 66
4.4.1 Earnings Management and It’s Types 66
4.4.2 The Relationship Between Earnings Management and Accounting Information Quality 67
4.4.3 The Relationship Between Earnings Management, Accounting Information Quality and IAS-IFRS 68
4.5 The Relationship Between Corporate Social Responsibility and Earnings Management 74
4.6 Corporate Social Responsibility and Earnings Management Relationship in the Context of Accounting Information Quality 75
4.7 Conclusion 76
References 77
5 Understanding Pro-environmental Behaviour of Accounting and Business Students: Development of a Conceptual Framework 80
5.1 Introduction 81
5.2 Pro-environmental Behaviour: Theory Triangulation 83
5.2.1 The Theory of Planned Behaviour (TPB) 84
5.2.2 Norm Activation Theory 85
5.2.3 Values-Beliefs-Norms Theory 86
5.2.4 Social Cognitive Theory 87
5.3 Theoretical Framework for the Current Study 89
5.4 Conclusion 90
References 90
Social Responsibility and Sustainable Auditing 94
6 Determinants of Ethics Auditing: Structural Equation Model Approach 95
6.1 Introduction 96
6.2 The Measurement Model 97
6.3 The Data and Methodology 109
6.4 Descriptive Statistics and Parameter Estimates 112
6.5 Discussion of the Empirical Findings 114
6.6 Concluding Remarks 117
References 118
7 Corporate Social Responsibility and Classification Shifting Between Operating and Non-operating Expenses: Evidence from Turkey 121
7.1 Introduction 121
7.2 Literature Review and Hypothesis Development 122
7.2.1 Defining Corporate Social Responsibility 122
7.2.2 Measuring Corporate Social Responsibility 124
7.2.3 Classification Shifting 127
7.2.4 Hypothesis Development CSR and Classification Shifting
7.3 Data and Sample Selection 128
7.4 Research Methodology 133
7.5 Results 135
7.6 Conclusion 137
References 137
8 Scoring of Sustainability Reports with GRI-G4 Economic, Environmental, and Social Performance Indicators: A Research on the Companies Preparing Sustainability Report in Turkey 142
8.1 Introduction 143
8.2 Conceptual Framework 143
8.3 Literature Search 145
8.4 Purpose and Significance of Research 147
8.4.1 The Method of the Research 147
8.4.2 Data Set of the Research 148
8.4.3 Findings 149
8.5 Conclusion and Discussion 156
References 159
9 Towards a Mandatory Corporate Governance Regime: Empirical Evidence from Turkey 161
9.1 Introduction 162
9.2 Institutional Environment in Turkey 167
9.3 Literature Review and Hypotheses Development 169
9.3.1 Relevant Literature 169
9.4 Hypotheses Development 170
9.4.1 Expected Short-Term Value Implications 170
9.4.2 Expected Long-Term Value Implications—Post-reform Period 174
9.5 Research Design 175
9.5.1 Sample and Data Collection 175
9.6 Research Methodology 175
9.7 Results 180
9.7.1 Summary Statistics 180
9.7.2 Short-Term Value Implications 184
9.7.3 Long-Term Value Implications—Post-reform Period 186
9.8 Robustness 186
9.8.1 Market-to-Book Ratio as Dependent Variable 186
9.8.2 Coarsened Exact Matching Estimator 188
9.9 Discussion and Conclusion 190
References 191
10 Transparency of Content Analysis Report of Audit Companies in Turkey 195
10.1 Introduction 196
10.2 Auditing Concept 196
10.3 External Auditing Concept 197
10.4 Quality in Independent Auditing 199
10.5 Transparency in Auditing 199
10.6 Transparency Report 200
10.7 European Union Legislation 202
10.8 Transparency and Corporate Governance 203
10.9 Discussion 204
References 205
Social Responsibility and Sustainability in Finance 207
11 The Role of Investor Sentiment in Taiwan Stock Market 208
11.1 Introduction 208
11.2 Literature Review 211
11.3 Data and Methodology 212
11.4 Empirical Results 213
11.5 Conclusions 216
References 217
12 Analysis of Article Methodologies on Financial Statements’ Transparency Between the Years 2000 and 2016 220
12.1 Introduction 220
12.2 Transparency 221
12.3 Literature Review 222
12.4 Methodologies Used in Accounting Studies 226
12.5 Extent of Study 227
12.6 Research Findings 227
12.7 Conclusion 230
References 231
13 Corporate Governance Attributes and Firm’s Value 234
13.1 Introduction 235
13.2 Literature Review and Hypotheses Development 236
13.3 Hypothesis 239
13.4 Data Collection 242
13.5 Results and Discussion 244
13.6 Conclusion 247
References 250
14 Measuring the Quality of Codes of Conduct in Greek Listed Companies 253
14.1 Introduction 253
14.2 Literature Review 254
14.2.1 Definitions of Codes of Ethics 254
14.2.2 The Scope of the Corporate Code of Conduct 255
14.2.3 Prior Empirical Studies 256
14.3 Theoretical Background and Hypothesis Development 265
14.4 Research Design 266
14.5 Empirical Result 267
14.5.1 Mean Number of COC Pages and Their Quality Based on the Company’s Size 268
14.5.2 COC Quality Under Dichotomous and PC Approach 269
14.5.3 COC Quality per Capitalization 272
14.6 Conclusions and Limitation 274
References 275
Index 279

Produkt-Details

• Erscheint lt. Verlag: 14.1.2019
• Reihe/Serie: Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application
• Reihe/Serie: Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application
• Zusatzinfo: XVIII, 275 p. 13 illus., 8 illus. in color.
• Verlagsort: Singapore
• Sprache: englisch
• Themenwelt: Geisteswissenschaften ► Philosophie ► Allgemeines / Lexika
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Corporate governance in accounting • Corporate governance in finance • Corporate Social Responsibility • Ethics in accounting • Ethics in finance
• ISBN-10: 981-13-3203-7 / 9811332037
• ISBN-13: 978-981-13-3203-6 / 9789811332036