The Journal of Accounting and Management

The Intersection of Local Government Organizational Characteristics and Official Bonding Policy

2025-09-01T07:55:34+00:00

The primary goal of risk management policy is the protection of government assets based on an evaluation of internal and external procedures and activities. The bonding of public officials with asset responsibilities is a policy component that provides an assurance of resource protection and public trust. This exploratory study examines the level of county bond issuance on selected appointed and elected government officials in North Carolina. Ordered logistic regression analyses tested official bonding amounts with government attributes. Initial findings indicate more standardized bonding practices for appointed officials while bonding practices for elected officials is more discretionary. Specified finance office staff and audit findings influenced bond amount increases for both appointed and elected officials with county characteristics also having an influence on elected official bonding increases. Implications of the study include the importance of internal control prevention through well-trained finance personnel.

The Role of Perceived Quality and Brand Attitude on The Relationship Between Perceived Ease of Use and Customer Preference: Research on Mobile Taxi Booking Sector

2025-09-30T06:01:44+00:00

This study examines the effect of perceived ease of use on brand attitude and perceived quality in mobile taxi booking application selection. A total of 206 survey data were collected from individuals living in Baku and analyzed using structural equation modeling. Applications like Uber, Bolt, Ekonom Taxi, and 189 Taxi—which are often used for taxi transportation in Baku—were listed as examples of mobile taxi booking apps within the inquiries. According to the findings, the effect of perceived ease of use by customers ordering from mobile taxi booking applications is significant and positively related to perceived quality. Moreover, the effect of ease of use on attitude towards the brand is also significant and positive. Respectively, the effect of perceived quality, ease of use and brand attitude on consumer preference has a significant and positive relationship. All hypotheses established in the research were accepted based on the results of the analysis tests. Although research has been done in the literature regarding the factors affecting the customers’ choice of taxi company, it has not been found much to examine the ease of use of the application and, accordingly, the brand quality and attitude. In this direction, this study includes findings on how mobile taxi booking companies can change and shape customers’ quality perceptions and attitudes.

Analysing The Effect of Investor Sentiment on the Co-Volatility of BRICS and the US Stock Markets

2025-09-05T09:36:48+00:00

Investor sentiment has a significant impact on the volatility of stock markets, as sentiment-driven investors are seen as irrational traders. Irrational trading in stock markets leads to market mispricing, causing market volatility, as investors base their decisions on their own expectations. This study aims to analyse the effect of investor sentiment on the covolatility of the BRICS and US stock markets during the COVID-19 period. To examine the impact of investor sentiment on volatility in the stock markets, the generalized autoregressive conditional heteroscedasticity (GARCH) models were utilised, incorporate a global sentiment index using daily market returns. The results show that investor sentiment has a significant impact on the covolatility between the BRICS and US stock markets. As a result, behavioural finance can be used to explain volatility in the BRICS and US stock markets. Therefore, it is recommended that portfolio managers in the financial industry incorporate a sentiment factor into asset pricing models, as sentiment was found to have a significant influence on pricing.

Methods of Solving Macroeconomic Issues of the Economic Development in Azerbaijan - Global View

2025-10-07T13:28:45+00:00

The main aim of the research consists of macroeconomic issues, modelling and definition of the most optimized solutions, approaches of the national economic development in the conditions of global economic challenges. From this point of view, the theoretical methodological features of the national economic development and review and solution issues of these problems with acceleration of the national economic development were analyzed. In the article a greater emphasis was put on the issues of provision of the national economic growth rate, improvement and development of domestic income, export structure, improvement of the export potential, formation and launch of foreign markets for the competitive and export oriented national brands. The issues of maximum rational use of the national wealth and resources were reviewed by the analyses of economic development processes of the post-Soviet republic Azerbaijan. The paper also includes the economic development model features of Azerbaijan, the self-development potential, and the possibilities to increase the competitiveness under conditions of global economic challenges. Special emphasis placed on the problems of rational model choice and implementation mechanisms for the national economic development. Activity of the economic fields capable for value added creation of the issues of the dynamic development provision of the national economy and increase of its competitiveness were strongly marked as a discussion point and formed the possibility for scientific polemic. In the post oil period in Azerbaijan the problems of flexibility and durability of the sustainable national economic development were revealed in this paper. The block scheme of activity directions on solution of macroeconomic problems of the national economy was prepared and the forecasts on a group of main indicators of the national economy for 2030 were formed in the context of impact enhancement of the global economic processes by taking into account the development tendencies of Azerbaijan in the post oil period. There were given suggestions and advices prepared on the problems mentioned in the article. The article investigates scientific polemics associated with the methods of different authors on the mentioned issues and scientific practical thoughts. The research paper touches implementation of the mechanisms of macroeconomic problems solution of the national economic development.

The Application of Fair Value Accounting and Its Impact on Financial Sustainability Evaluation Case Study of Asiacell Telecommunications Company

2025-09-22T12:57:02+00:00

This research aims to determine the impact of applying fair value accounting on the assessment of the financial sustainability of local companies (Asiacell Telecommunications Company). The research is based on a main hypothesis that the application of fair value has an impact on the assessment of financial sustainability. To achieve the research objectives, the financial statements of the sample company were used. A set of financial ratios were used to determine the impact of applying fair value accounting on the assessment of the financial sustainability of the sample company. The research concluded that fair value accounting has an impact on Asicell’s financial sustainability. The impact is positive: Fair value accounting improves financial solvency, strengthens equity, and enhances the long-term sustainability picture. The impact is neutral. Regarding liquidity, there are no significant changes in short-term sustainability. Regarding profitability, the impact is slightly negative: the reported surplus/profit decreases slightly due to higher depreciation and fair value adjustments.

Analysis of Laissez-Faire Leadership Practice on Performance of Logistics Industry, Dubai, United Arab Emirates

2025-10-03T05:54:38+00:00

The modern business environment requires effective leadership practice. Laissez-faire leadership is a delegative practice, that grants employees’ autonomy with minimal supervision, assuming they are competent, self-driven specialists. This study examined the impact of laissez-faire leadership practice on Dubai’s logistics industry’s performance. Using a cross-sectional survey and descriptive research design, primary data was collected via structured questionnaires, while secondary data came from respective companies’ websites and reliable online sources. Data analysis involved descriptive and inferential statistics. Linear regression found a statistically significant relationship between laissez-faire leadership practice and performance of Dubai’s logistics industry. Key performance indicators included global logistics hub, world-class business infrastructure, and increased international sales. The study concluded that adopting laissez-faire leadership practice significantly enhanced organizational performance in Dubai’s logistics sector, reinforcing Dubai’s role as a global logistics leader.

Leveraging Green Financing for the Sustainability of the Mining Sector in Emerging Countries. A Meta-Analysis

2025-09-25T09:37:54+00:00

Objective: The study aims to provide strategies on how the mining sector can leverage green financing for the sustainability of the mining environment. The objectives of the study are to establish the role of green financing in sustainability, analyse the challenges of adopting green finance accounting for sustainability, and develop strategies for successful green financing in the mining sector of emerging countries. The study is important in providing information on the effects of leveraging green financial accounting for sustainable development in mining sectors. It adds value to the mining industry by promoting green financing for the sustainability of mining environments and provide strategies to mitigate the impacts of climate change. Approach: The research approach involves a bibliometric analysis of literature related to the main theme and objectives of the study. Results: Results indicate that full utilisation of green financing can transform the mining environment into a better place to live and help reduce the effects of climate change. Implications: The implications of the study are to equip mining companies with knowledge of green financing and to minimise carbon footprints in the surrounding communities. Value: This study is valuable in providing green mining knowledge to support sustainability in mining companies within emerging economies.

Why Should Cryptocurrencies Be Regulated? An Analysis of Bitcoin

2025-11-21T08:49:36+00:00

Purpose: The study explores the rationale behind advocating for the regulation of Bitcoin, specifically focusing on the potential threats and risks Bitcoin poses to the financial systems and the economy at large. However, unlike prior descriptive studies, this paper addresses the gap by critically synthesizing regulatory, technological, and economic risks across multiple jurisdictions. Design/methodology/approach: The study followed a qualitative approach in conjunction with a comprehensive review of already existing literature on Bitcoin and other cryptocurrency regulations to ensure that findings were contextualized. A structured qualitative content analysis was employed, guided by predefined inclusion and exclusion criteria, thematic coding, and comparative evaluation of regulatory responses. Findings: The study revealed that the lack of Bitcoin and other cryptocurrency regulations results in market manipulation and contributes to eroding trust in the broader financial system. Furthermore, the lack of a clear regulatory framework for Bitcoin results in tax evasion, the creation of investment scams, and other illicit activities such as money laundering. Three dominant risk categories emerged: (1) anonymity-enabled criminality, (2) fiscal transparency and tax non-compliance, and (3) investor protection failures arising from volatility and scams. These themes highlight the structural misalignment between decentralized digital assets and existing regulatory models. Originality/Value: This study addresses the gap between technology and regulations. These technological advances do not merely challenge the monetary system but also the regulatory system. The study contributes a structural analytical framework for understanding regulatory gaps and proposes policy directions for licensing, AML/KYC controls, and consumer-protection mechanisms tailored for cryptocurrency environments.

Analysis of Corporate Leadership Practices on Performance of Logistics Industry, Dubai, United Arab Emirates

2025-11-26T07:37:30+00:00

Today’s business environment demands systemic, forward-looking, and change-driven corporate leadership. Pragmatic leadership is vital in navigating the volatile, uncertain, complex, and ambiguous conditions of the 21st century. Effective corporate leadership is therefore a key factor for organizational success in this dynamic era. This study analyzed how corporate leadership practices influence performance of the logistics industry in Dubai, UAE. It examined how Dubai’s logistics cluster applies transformational, transactional, laissez-faire, and strategic leadership practices concurrently, to enhance performance. Hierarchical organizational structure was considered as a moderating variable, and treated as a dummy variable in the analysis. The study was guided by Fiedler’s contingency theory, Hersey and Blanchard’s situational leadership theory, and the Path-Goal leadership theory. A cross-sectional and descriptive research design was used, targeting 50 logistics companies, and a population of 700 employees. From this, 70 top, middle, and lower-level managers were selected through stratified random sampling. Data was collected using structured questionnaires and secondary sources. Reliability was confirmed with a Cronbach Alpha above 0.7. Data was analyzed using SPSS-29, through descriptive, inferential, and regression analyses. Results showed that the four leadership practices significantly influenced performance, with an R² of 0.805 and an adjusted R² of 0.770, confirming a strong positive relationship.

The Relationship Between Macroeconomic Variables and JSE Socially Responsible Investments

2025-10-28T10:21:32+00:00

Socially responsible investing (SRI), grounded in environmental, social, and governance (ESG) principles, has gained momentum globally as investors seek to align financial returns with ethical and sustainable practices. However, limited research exists on the impact of macroeconomic variables on ESG-aligned indices in emerging markets like South Africa. This study investigates the short- and long-run effects of selected macroeconomic indicators—real GDP, inflation, interest rates, exchange rates, and money supply (M3)—on the FTSE/SE Responsible Investment Index and the Responsible Investment Top 30 Index, using monthly data from November 2015 to December 2024. An ARDL approach with robust standard errors reveals that exchange rate volatility significantly and negatively affects both indices in the short run. Real GDP shows a significant and positive long-run relationship with both indices, while inflation positively influences the Top 30 Index—suggesting its diversified composition buffers inflationary shocks. The repo rate negatively impacts the Top 30 Index in the long run, with a 1% increase leading to a 0.06% decline in index value. Error correction terms (-0.216 and -0.2219) for the two indices indicate moderate speeds of adjustment to long-run equilibrium at approximately 22% per month. These findings underscore the importance of macroeconomic stability for ESG investment performance and provide practical insights for investors, asset managers, and policymakers aiming to foster sustainable finance in South Africa. This study fills a gap in the literature by offering current, empirical evidence on how key economic variables interact with responsible investment indices in an emerging market context.

Factors Affecting Credit Risk of Commercial Farmers in South Africa: A Case of the Midlands Area of KwaZulu-Natal

2025-04-25T08:49:04+00:00

The burden of contributing towards the South African economy rests upon a diminishing number of commercial farming units. It is, therefore, important that these farming units remain commercially viable and an examination of commercial farmers’ creditworthiness in terms of their ability to service and repay debt is particularly relevant. The aim of this research is to analyse the determinants of credit risk of commercial farmers in a diverse farming area of KwaZulu-Natal (KZN). To achieve this aim, a survey questionnaire was administered to a sample of 50 commercial farmers, and data was analysed using descriptive and regression analyses. The participants were grouped into three credit risk categories: high-, medium- and low-risk, and the results revealed that most of these farmers fall under the low- and medium-risk categories. The key determinants of credit risk were found to be the farmer’s commitment to farming activities (part-time vs full-time), the proximity of the farm to the nearest urban centre, reliance on non-farm income to maintain the participant’s standard of living, and the funding institution utilised.

The Role of Orange Money and MyZaka in Transforming Botswana’s Informal Sector

2025-12-08T09:31:43+00:00

Objectives: This article investigates the role of mobile money platforms specifically Orange Money and MyZaka in advancing financial inclusion within Botswana’s informal economy. It explores how these platforms affect access to finance, gender equality, and informal entrepreneurship in a country where digital finance is rapidly expanding but remains uneven. The study is important because it addresses a critical gap in understanding how technology-driven financial inclusion operates in under-researched Southern African contexts. Prior Work: The study builds on recent research into digital financial inclusion in Africa, particularly critiques highlighting unequal access, gender disparities, and platform limitations in informal economies. Approach: A qualitative, exploratory methodology was employed, using secondary data from 23 peer-reviewed academic and institutional sources published between 2019 and 2025. Data sources included regulatory reports, scholarly literature, and Fintech usage data from development agencies and financial platforms. Results: The findings reveal that (I) mobile money platforms have improved basic financial access but fall short of integrating users into formal financial systems; (II) women face digital exclusion due to literacy gaps, limited device access, and social norms; and (III) fragmentation, rural infrastructure deficits, and weak regulatory coordination continue to hinder mobile money’s transformative potential. Implications: The paper offers policy and regulatory recommendations relevant to researchers, financial authorities, and Fintech stakeholders. Value: The study contributes original, Botswana-focused insights into how digital finance link with the informal sector, gender, and institutional design in African contexts.

Activity-Based Costing as a Cost Allocation Tool in the Digital Age: Enhancing Strategic Decision-Making

2025-12-09T13:16:16+00:00

Amidst a rapidly changing economy, Activity-Based Costing (ABC) has evolved with digital technologies, enhancing the strategic decision-making process through accurate cost allocation in management accounting. This study examines how digital technologies, such as big data and cloud computing, enhance the effectiveness of ABC in supporting competitive strategies, increasing profitability, and optimizing resource allocation. Leveraging a mixed-methods approach, the study combines quantitative analysis, case study analysis, and interviews. The quantitative analysis encompasses the adoption of ABC in manufacturing firms, while case study analysis focuses on the implementation of ABC and interviews with management accountants regarding the integration of ABC into strategic decision-making. The findings reveal improved accuracy with digital ABC systems, reducing accuracy errors by at least 25%, while the strategic decision-making process is increased by 40% and the profitability of the firms increased by 25%. However, despite the perceived benefits, high implementation costs and lack of specific skills persist, hindering the adoption. The study proposes a framework for synthesizing the integration of digital technologies, ABC, and strategic management, emphasising innovation and training. The study contributes to academic discourse by measuring the impact of digital ABC in strategic decision-making and capturing adoption challenges.