-
The Effect of Employee’s Perception of Internal Control on Output Delivery in the Public Sector: A Case Study of Wiawso College of Education
Opoku Pious,
Amonoo Clement,
Arthur Benedict,
Patience Akosua Dzigbordi Korsorku,
Samuel Frimpong Nti
Issue:
Volume 11, Issue 5, September 2023
Pages:
143-154
Received:
5 August 2023
Accepted:
28 August 2023
Published:
8 September 2023
Abstract: Internal control is required to present some confidence to all stakeholders so their wealth will not be diverted away from basic concerns. The underlying principle is that, stakeholders are responsible for providing structures that preserve resources, stimulate reliable information, boost the observance of proposed regulations and effectively meet the modus operandi of institutions. The study's main objective was to assess the effect of employees’ perception of internal control on output delivery in the public sector institution. The research applied a survey of employees at Wiawso College of Education. The study covered a random sample of 40 employees in the College; the response rate was 100%. Multiple regression models were used to test whether Internal control activities (Risk management, Monitoring, Corporate governance) have any relation with output delivery. It was found that employees’ perception of the internal control system had a significant relationship with output delivery. The study's findings suggested that internal control systems, especially corporate governance and control activity, are essential areas that the management of Wiawso College of Education should give attention to improve output delivery of public sector institutions in Ghana.
Abstract: Internal control is required to present some confidence to all stakeholders so their wealth will not be diverted away from basic concerns. The underlying principle is that, stakeholders are responsible for providing structures that preserve resources, stimulate reliable information, boost the observance of proposed regulations and effectively meet ...
Show More
-
Capital Structure and Earnings Management Practices: Empirical Analysis in Sub-Sahara Africa
Saheed Akande Shittu,
Hakeem Olayinka Onifade
Issue:
Volume 11, Issue 5, September 2023
Pages:
155-163
Received:
15 August 2023
Accepted:
13 September 2023
Published:
27 September 2023
Abstract: This study assesses the impact of capital structure (CS) on Earnings Management Practices (EMP) in selected firms in sub-Sahara Africa. EMP was proxied by real EMP using Rowchodhury's (2006) model and accrual EMP measured by Khothari et al. (2005) model. The study applied the Generalized Method of Moments (GMM) estimator to data collected from the financial statements of two hundred and seventy-six (276) firms purposively selected from Nigeria, Ghana, Kenya, Tanzania, South Africa, and Zimbabwe from 2010 to 2020, given 3,069 observations firm-years. The results show that firms in Kenya, Nigeria, and Tanzania partake in real EMP through the structure of their capital. However, firms in Ghana, South Africa, and Zimbabwe do not partake in real EMP through the structure of their capital. Furthermore, the findings reveal that firms in Ghana and South Africa use their capital structure to embark on accrual EMP, while firms in Nigeria, Kenya, and Zimbabwe do not. The study concludes that firms in selected countries in sub-Saharan Africa substitute real and accrual forms of EMP. Therefore, the study recommends that capital providers in Nigeria, Ghana, Kenya, Tanzania, South Africa, and Zimbabwe should maintain sufficient attention to both real and accrual EMP for sustainable leveraging and the management of opportunistic selections of accounting choices, but increase the use of real EMP.
Abstract: This study assesses the impact of capital structure (CS) on Earnings Management Practices (EMP) in selected firms in sub-Sahara Africa. EMP was proxied by real EMP using Rowchodhury's (2006) model and accrual EMP measured by Khothari et al. (2005) model. The study applied the Generalized Method of Moments (GMM) estimator to data collected from the ...
Show More
-
Examining ESG Factors and Theoretical Frameworks Under the Corporate Fraud Context
Chimonaki Christianna,
Papadakis Stelios,
Lemonakis Christos
Issue:
Volume 11, Issue 5, September 2023
Pages:
164-178
Received:
18 September 2023
Accepted:
5 October 2023
Published:
14 October 2023
Abstract: Stakeholder interest in Environmental, Social, and Governance (ESG) reporting is growing. ESG reporting on climate change, the energy problem, and the rise in the cost of living shows that corporate adoption of ESG will be critical in the coming years. On the other hand, companies need to rapidly adapt ESG components as ESG is linked to their sustainability, corporate social responsibility, and business ethics. This research uses the Scopus database for our bibliometric analysis to collect our sample. We use R-Studio and Biblioshiny, which employs data mining to determine the frequency of co-occurrence of keywords in articles and to facilitate keyword linkage. Our study is limited to the years 2008 to 2022. We considered articles published in the English language. Our sample includes four hundred and seventy-one documents. According to our analysis, the results show that the ESG framework in academic research is associated with the key concepts of sustainability, corporate social responsibility (CSR), ESG disclosure, corporate financial performance (CFP), sustainability reporting (SR), and ESG factors. The findings highlight the increasing importance of ESG reporting in academic research and emphasize the role of ESG in addressing major global issues and its link to corporate sustainability, corporate social responsibility (CSR), and ethics. From our results, we can conclude that the ESG framework in academic research is associated with corporate sustainability and social responsibility, as well as several ESG factors. Moreover, the concepts of fraud triangle and agency theory do not seem to have significant relationships with ESG framework. This information can be valuable for researchers, practitioners, and policymakers interested in understanding the current state of research in the field and identifying potential areas for future investigation. Future research can therefore explore and interpret the components of the fraud triangle with ESG factors. We also conclude that the three components of ESG have not been studied simultaneously. Future research can therefore examine the effects of the three components of ESG reporting in different ways and using different bibliographic techniques.
Abstract: Stakeholder interest in Environmental, Social, and Governance (ESG) reporting is growing. ESG reporting on climate change, the energy problem, and the rise in the cost of living shows that corporate adoption of ESG will be critical in the coming years. On the other hand, companies need to rapidly adapt ESG components as ESG is linked to their susta...
Show More
