The Association Between Activity-Based Costing and Manufacturing Performance

This study examines the association between activity-based costing and manufacturing performance. Results using a cross-sectional sample of manufacturing plants indicates that extensive ABC use is associated with higher quality levels and greater improvements in cycle time and quality, and is indirectly associated with manufacturing cost reductions through quality and cycle time improvements. However, on average, extensive ABC use has no significant association with return on assets. Instead, we find weak evidence that the association between ABC and accounting profitability is contingent on the plant's operational characteristics.     

Activity-Based Costing in Universities—Five Years On

This article describes the current state of costing within the higher education sector, reviewing recent published literature and analysing the progress made by institutions in implementing activity-based costing (ABC). It draws on the findings of two cross-sectional surveys of all UK universities, undertaken in 1993 and 1998/99. The data collected suggests that while implementation of ABC systems has been slow, this might be about to change because of pressures being exerted by funding bodies and central government.     

Activity-Based Costing and Central Overhead Cost Allocation in Universities: A Case Study

This article examines the development of ABC in university accounting and assesses the contribution it might make to solving the problems associated with central overhead cost allocation systems. A case study using an ABC methodology was developed and applied to library services at the University of Southampton. The results showed substantial differences in the allocation of the central overhead costs as between academic faculties using the model and the existing system. The authors argue that although the ABC approach may overcome some of the problems of overhead allocation and improve the economic efficiency of organizations, there are significant problems with its practical application.     

The social mastery of technology : An agenda for research and action

This article reports on the symposium on the ‘Social Mastery of Technology’ (MASTECH) organized by the CNRS Industrial Economics Research Group and the Maison Rhône-Alpes des Sciences de l'Homme in Lyon, France, 9–12 September 1991, under the patronage of UNESCO, which was a major innovation among scientific communities in the area of human sciences.     

改革开放30年会计监督的发展与创新

本文从会计监督环境演变和制度安排、会计监督理论与实践的互动考察中对改革开放30年来会计监督的发展和创新进行回顾和总结,分四个阶段阐述了我国会计监督的发展和创新。在此基础上,本文对未来会计监督体系的创新和发展、会计监督和内部控制的关系、内部会计监督机制的创新进行了展望。     

作业成本法在中小型企业应用的分析

作业成本法作为一种新兴的、先进的成本核算方法在我国发展迅速,但在中小企业并不多见.论文通过阐述作业成本法的概念及优势,分析作业成本法在中小型企业中应用的必要性与实施的可行性,希望作业成本法可以在中小型企业中广泛应用.     

International innovation and strategic initiatives: A research agenda

Despite the argument that leveraging the expertise of foreign subsidiaries to the global firm benefits the whole firm's competitive advantage, in the case of international innovation, such leveraging rarely takes place. We investigate this paradox, applying research on strategic initiatives to the context of international R&D. Developing a conceptual model on the basis of communication psychology, we analyse how the innovative expertise of R&D subsidiaries may be leveraged to benefit the global firm. Specifically, we determine six elements whose greater exploration can lead to a deeper understanding of how the innovation expertise of a foreign R&D subsidiary may be leveraged.     

The China puzzle: Opportunities for accounting research

How can China achieve phenomenal economic growth despite what is considered as 'weak' institutions in market-based economies? Xu(2011) provides a framework to u...     

The Monday effect revisited: An alternative testing approach

This paper questions traditional approaches for testing the Monday effect of stock returns. We propose an alternative, multiple hypothesis testing approach based on the closure test principle which controls the multiple type I error. We consider the US, the UK and the German stock markets and test Monday related pairwise comparisons of daily expected stock returns, while the probability of committing any type I error is always kept smaller than a prespecified level α, for each combination of true null hypotheses. Overall, the new testing approach supports previous findings of a Monday effect for the 1970s and 1980s, in particular for the US and Germany, while it suggests that the Monday effect has vanished in the 1990s and 2000s in all three markets. The comparison of the closure test procedure, the traditional multiple t-test and the Bonferroni test, a classical multiple test procedure, shows that traditional testing may result in spurious significance while the Bonferroni test may sometimes be too conservative.     

The statement of changes in financial position: An alternative teaching approach

The Statement of Changes in Financial Position (SCFP) is an important financial statement for external users. From a teaching point of view, however, the development of the SCFP has not been understood clearly by many accounting students.In order to properly understand the SCFP using either the working capital basis or cash basis, students need a framework for analyzing the impact of various transactions on the Statement. This article provides the accounting instructor with an alternate method for teaching the relationship between any transaction and the SCFP.     

Financial innovation and Divisia monetary indices in Taiwan: a neural network approach

In this paper a weighted index measure of money using the ‘Divisia’ formulation is constructed for the Taiwan economy and its inflation forecasting potential is compared with that of its traditional simple sum counterpart. This research extends an earlier study by Gazely and Binner by examining the theory that rapid financial innovation, particularly during the financial liberalization of the 1980s, has been responsible for the poor performance of conventional simple sum monetary aggregates. The Divisia index is adjusted in two ways to allow for the major financial innovations that Taiwan has experienced since the 1970s. The technique of neural networks is used to allow a completely flexible mapping of the variables and a greater variety of functional form than is currently achievable using conventional econometric techniques. Results suggest that superior tracking of inflation is possible for networks that employ a Divisia M2 measure of money that has been adjusted to incorporate a learning mechanism to allow individuals to gradually alter their perceptions of the increased productivity of money. Divisia measures of money appear to offer advantages over their simple sum counter parts as macroeconomic indicators.     

基于期权的保险行业创新保护机制研究

本文基于期权的理论建立了保险产品的创新价值模型,从理论上解释了保险企业创新搭便车的现象,同时针对中国保险业的现状提出创新保护机制下的修正模型。通过实例模拟了现有制度和创新保护机制下创新企业和跟随企业的预期收益,在两类企业收益成本平衡的基础上得出有效的约束系数,证明了本模型的实用性。为从制度上推动保险行业创新和发展提供了一个新思路。     

国际合作助推中国会计创新

在ACCA（特许公认会计师公会）举办的中国会计论坛上,ACCA行政总裁白容高度评价了中国会计改革成果,并表示ACCA愿意今后继续支持中国会计行业的发展,加强与中国会计在国际业务拓展技能和管理经验方面的交流。ACCA行政总裁白容表示,近年来,中国企业不断壮大、     

Converting preference shares: An Australian capital structure innovation

Converting preference shares (prefs) are a hybrid security involving mandatory conversion into a fixed value of ordinary shares (although some issues have an option-like conversion value payoff). This paper explains how prefs can be viewed as equivalent to an ordinary share issue plus a swap contract between “old” and “new” shareholders. This perspective is used to illustrate why prefs financing may be chosen when significant information asymmetries exist between management and outside investors. Other factors motivating the use of prefs are examined and their relevance for particular issuers and for the specific design of prefs securities analysed.     

作业成本法在商业银行集中采购中的应用

本文在对现阶段商业银行集中采购的特点及存在的问题进行分析的基础上,就作业成本法在商业银行集中采购中应用的可行性和必要性、应用的程序及供应商选择评价模型等问题进行了探讨.本文还通过案例说明作业成本法在集中采购中的应用可以为商业银行在供应商的选择、评价及对供应商管理决策上提供相关可靠的信息.最后作者通过商业银行采购部门角色的转换、构建优秀的采购团队、供应商的入围选择、供应商的绩效评估及持续改进等方面对作业成本法在商业银行集中采购中的应用进行了总结,以期能对商业银行集中采购的成本管理控制提供有益的借鉴.     

我国票据业务发展的制约因素及创新模式

近年来,我国金融业的票据业务取得了突飞猛进的发展。据统计,最近几年我国商业票据的签发额每年都在10万亿元以上,贴现额在20万亿元以上。基于所具备的汇兑、信用、支付、结算、融资等丰富功能,票据在社会经济生活中的地位越来越重要,社会影响力也越来越大。但随着社会需求的变化,一些制约票据业务发展的因素也越来越多。探讨票据业务的创新模式,已成为金融机构推动票据业务发展的关键问题。     

Entering China: an unconventional approach

Conventional wisdom has it that the best way to do business in China is through an equity joint venture (EJV) with a well-connected Chinese partner. But pioneering companies are starting a trend toward a new way to enter that market: as a wholly foreign-owned enterprise, or WFOE. Increasingly, says the author, joint ventures do not offer foreign companies what they need to succeed in China. For example, many companies want to do business nationally, but the prospects for finding a Chinese partner with national scope are poor. Moreover, there are often conflicting perceptions between partners about how to operate an EJV: Chinese companies, for example, typically have a more immediate interest in profits than foreign investors do. By contrast, the author asserts, WFOEs are faster to set up and easier to manage; and they allow managers to expand operations more rapidly. That makes them the perfect solution, right? The answer is a qualified yes. First, foreign companies will still need sources of guanxi, or social and political connections. Second, managers must take steps to avoid trampling on China's cultural or economic sovereignty. Third and perhaps most important, foreign companies must be prepared to bring something of value to China-usually in the form of jobs or new technology that can help the country develop. Companies willing to make the effort, says the author, can reap the rewards of China's burgeoning marketplace.     

The impact of XBRL on real earnings management: unexpected consequences of the XBRL implementation in China

Review of Quantitative Finance and Accounting - In this paper, we investigate whether there is a change of real earnings management for firms facing pressures of the new technology implementation...     

The ethnographic futures research method: An application to Thailand

Ethnographic Futures Research (EFR) is a method invented in 1976 which futures researchers employing a sociocultural approach can use with a sample of interviewees to elicit their perceptions and preferences among possible and probable alternative futures for their society and culture. EFR is an adaptation of the spirit and method of cultural anthropology and ethnography to the needs and constraints of futures research.