The recent issue of the journal Risk Governance and Control: Financial Markets & Institutions pays attention to issues of risk governance and control with application to financial markets and institutions. More detailed issues are given below.
Thokozani Patmond Mbhele and Maxwell A. Phiri aim to assess the relative role of e-SCM systems as consumer demand orders cascading upstream supply chain network. The study’s population, consisting of the managers (senior and functional levels) including supervisory level (non-managerial) from retail sales, logistics, warehousing, marketing, manufacturing and IT hubs organisations, comprised of 460 respondents.
Akwesi Assensoh-Kodua describes the research into social media concept in South Africa, to highlight its trajectory pros and cons, and investigate why it is not being adopted by these clients, in addition to measuring the continuance intention of those who have accepted banking through social media. It was discovered that, social norm (β=0.579), perceived trust (β=0.510) and user satisfaction (β=0.332), in that order, stood out as the most influencing factors impacting on user acceptance and continuance intention (β=0.384) of social media usage for banking. Perceived behavioural control made no significant impact on users to adopt social media for financial services.
Ghita Bennouna and Mohamed Tkiouat explore the microfinance sector in Morocco. They focuse then on the interest rate applied by the Moroccan microfinance institutions; paper provides also a comparative study between Morocco and other comparable countries in terms of interest rates charged to borrowers. Finally, this article presents a stochastic model of the interest rate in microcredit built in random loan repayment periods and on a real example of the program of loans of microfinance institution in Morocco.
Malekian Esfandiar and Vahdani Mohammad examine the relationship between the excess of forecast based on characteristics toward management forecast and business risk is provided in this research at companies listed on the stock exchange in Tehran. The customary (traditional) approach is based on the regression of management forecast errors of past years.
Ndeshipewa Johanna Akwenye, Tia Chata and Olumide Henrie Benedict attempt to establish to what extent audit committees in government ministries in Namibia have been established as a requirement for enhanced quality of service delivery and accountability to taxpayers A qualitative approach was followed, where questionnaires or an interviews were conducted with accounting officers in government ministries. Content and thematic analyses were used to formulate narratives based on the understanding of similarities and differences in respondents’ experiences, views and perceptions.
Refilwe Maduane and Kunofiwa Tsaurai seek to determine the influence of capital structure on profitability of banks listed at the Johannesburg stock exchange (JSE) using the random effect regression model. Empirical studies that study the impact of capital structure on profitability of the banking sector in emerging markets and Africa are very scant. The few empirical studies that focused on the banking sector are yet to focus on African and to agree on the relationship between capital structure and profitability.
Lawrence Mpele Lekhanya aims to assess and critically discuss various factors influencing the use of e-commerce as an instrument of governing SMEs marketing strategy and identify the extent to which SMEs owners/managers perceived e-commerce to be important to their businesses survival and growth. A mixed method approach allowed for qualitative and quantitative techniques in collecting data from targeted respondents, with primary collected from rural areas of an emerging country.
Lukamba Muhiya Tshombe and Thekiso Molokwane examine the significance of Public Private Partnership (PPP) in emerging economies. The major focus of the paper is the African continent. The article briefly discusses the origin and implementation PPPs in different continents across the globe. A qualitative research paradigm is adopted to analyse public private partnerships in Sub-Saharan Africa (SSA).
N. Wadesango, E. Tasa, V.O. Wadesango and K. Milondzo find a significant negative relationship between voluntary adoption of IFRS and earnings management of listed companies in Zimbabwe. The negative relationship may indicate that IFRS does not promote earnings management for voluntary adopters, thereby implying an increased financial reporting quality. It is recommended that top management, external auditors and regulators being the key players in standards, should work together and tighten compliance so that impact of IFRS could be felt more.
A. Botha and J.M.P. Venter investigate the individual’s financial needs satisfied when using credit and the effect of life stage on the needs satisfied. The financial needs satisfy when using credit are analysed according to life stages using Alderfer’s existence relatedness growth (ERG) theory as a framework. The results indicate that credit usage is influenced by an individual’s life stage.
Mohammad Alhadab examines the relationship between audit report and real-based and accrual-based earnings management based on a UK sample. Prior research has mostly focused on US data and examined the relationship between auditor report (qualified vs. non-qualified) and earnings management (proxied by discretionary accruals), and found evidence that qualified audit report is positively associated with the level of discretionary accruals.
Elizabeth Chinomona and Osas Omoruyi examine the influence of CSR on innovation, supply chain partnership and firm competitiveness on firms around Vanderbijlpark, South Africa. Through a quantitative method using smart PLS, this study tested the relationships among the four variables, which are CSR, innovation, supply chain partnership and firm competitiveness.
Onneile Juliet Ntseme, Alicia Nametsagang and Joshua Ebere Chukwuere explore the risks and benefits on acceptance and usage of mobile banking by users in emerging countries. Also, to identify whether the independent variables are statistically significant factors in the adoption of mobile banking the research established the effect of independent variables, which include perceived usefulness, and perceived ease use on dependent variables, i.e. the adoption of mobile banking.
To browse the issue of the Journal please visit this page.