New Issue Of The Risk Governance And Control: Financial Markets & Institutions Journal

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.

Stefani Lily Indarto and Imam Ghozali aim to detect fraud by using analysis of fraud diamond. This study takes banking companies listed on the Indonesian Stock Exchange in 2009-2014, with a total sample of 149 banks. Based on the results the external pressure, financial stability and capability have influence on fraudulent financial reporting. While target financial, ineffective monitoring and rationalization does not affect the fraudulent financial reporting.

Rima Elya Dasuki, Eka Setiajatnika and Iwan Mulyana describe 79 cooperatives Swamitra micro business BUKOPIN bank unit by observing the data for each variable related to capital structure, credit risk, social performance, financial performance and sustainability of cooperatives, during the period of 72 months in West Java Province. Research studies have shown that the assessment of financial performance and social performance is an approach that assesses the importance of sustainability, financial aspects and social aspects in an organization, it is mainly related to the perception of the capital structure, credit risk, social performance, and economies of scale in delivering small loans will very influential terhdadap sustainability of the organization.

Jerelene Soobramoney and Ophillia Ledimo explore the relationship between corporate social responsibility and organisational commitment within a South African retail organisation. Corporate social responsibility has a positive influence on consumer behaviour and can contribute to corporate success because CSR activities enhance an organisation’s image. Research has indicated that corporate social responsibility is related to an employee’s commitment.

Francesca Magli, Alberto Nobolo and Matteo Ogliari analyze this discretionary and check whether the information resulting from the Impairment Test on Goodwill is in accordance with the provisions of IAS 36. The empirical analysis has been developed on a selected sample relative to utilities in Europe who had recorded higher Goodwill in 2012. The results show that disclosures do not always conform to the requirements of IAS 36; in particular, there is a reluctance of the company managements in providing quantitative information about the sensitivity analysis of the Impairment Test results.

Hlako Choma and Tshegofatso Kgarabjang determine to what extent should a lease of movable property fall within the ambits of the National Credit Act. The paper analyses the courts decisions regarding leases of movable properties, and further adds value to the existing scholarship. Courts are not ready to entertain extrinsic evidence in the cases where it contradicts the terms of an agreement. Parties should make sure that their contractual provisions are clear and unambiguous. Such provisions depict the notion that a lease of a movable property should fall within the ambits of the National Credit Act, hereinafter called NCA.

Héctor Cuevas-Vargas, Gabriela Citlalli López-Torres and María del Carmen Martínez Serna determine the influence of ICTs usage on organizational innovation in a developing country. The results obtain through the Structural Equation Modeling demonstrate that the use of ICTs substantially impacts on organizational innovation. Therefore, SMEs should use ICTs effectively and collaboratively with suppliers and customers to meet market trends and improve or innovate their products.

Bukelwa Mbinda and John Peter Spencer report on, and examine the impacts of, a skills shortage as a constraint on entrepreneurial development in the townships, specifically that of Khayelitsha, and to identify tools that are essential for the Small, Medium and Micro enterprise (SMMEs) businesses, in Khayelitsha. These skills are critical for the future development of the area. The research design employed in data gathering for this study was both qualitative and quantitative, and the questionnaires used required participants to answer open and closed ended questions.

Zafeer Nagdee identifies and expands on three key themes which will collectively establish the argument positing that a lacking basis of accounting theory has impaired the scholastic development of accounting practice worldwide. By introducing this argument to the academic community, this study will expose the economic risks associated with accounting’s absent bases of theory and will consequently add value by highlighting the need for additional research into the development, clarification and refinement of accounting theories that will result in more useful accounting practices worldwide.

Godson K. Mensah and Werner D. Gottwald use a non-experimental correlational approach to explore the relationship between the presence of a chief risk officer (CRO) and an audit committee (AC), and the support of top management (TM) in relation to the implementation of ERM. A survey instrument is provided to self-identified risk-management professionals who are members of Survey Monkey Audience Service database.

Sisimogang Tracy Seane, Gisele Mah and Paul Saah examine the cointergation and causal link among household disposable income, household savings, debt service ratio, lending interest rate, consumer price index and household debt in South Africa. An Autoregressive Distributed Lag and Granger causality techniques was used to analyse data collected from the South African Reserve Bank and Quantec from 1984 to 2014. The results of Autoregressive Distributed Lag test revealed cointegrating relationships between household debt and debt service ratio as well as household debt and lending interest rate.

Mbablemhle Bhengu and Vannie Naidoo employ simple random sampling to test MBA students’ perceptions towards service quality in the banking industry. The findings in the empirical study reveal that MBA students at the university were dissatisfied with the quality of service offerings provided by the retail banks in South Africa. There are quality gaps revealed in tangibles, reliability, empathy, responsiveness and reliability aspects of the service encounters.

Ann I Ogbo, Chinelo C. Ugwu, Charles O Ugbam and Benjamin I Chukwu attempt to ascertain the impact of participative management on workflows, its influence on sales output and how well the concept is practised by consumer goods companies in Nigeria. Study adoptes the survey design; questionnaires were used to collect necessary data from sales personnel across 10 states in South-Ssouth and South East Nigeria. Respondents rated the concept and application of participative management as it affects their work environment and sales output of the company.

Athenia Bongani Sibindi compares and contrasts the findings of empirical studies on capital structure that have been conducted in developing countries to those that have been conducted in the developed world. Arguably, developing countries’ financial markets lack sophistication and this might curtail the companies from adjusting to their desired target debt ratios.

To browse the issue of the Journal please visit this page.