A successful approach to integrating computer assignments into accounting information systems courses in a manner that complements theoretical readings

This article describes a relatively inexpensive method of bringing educationally sound computerized assignments into the accounting information systems' (AIS) classroom. The approach involves the development of a customized classroom version of an automated accounting information system that demonstrates many of the topics that are discussed in assigned readings and classroom lectures. While realistically complex, the system requires a small amount of valuable classroom time. The paper contains details of the development process, as well as the features incorporated into the developed software.     

“Theory will take you only so far” (Nolan, 2023): In search of greater insight through quantitative,observation-based research

Theories developed for understanding the general management or economic phenomena are increasingly ineffective for explaining logistics/SCM-specific phenomena, despite the best efforts of LSCM researchers to utilize them for those purposes. Unfortunately, the hierarchies and infrastructure in place to ensure LSCM research is theoretically grounded and conducted with scholarly rigor have not advanced to a point where the use of alternative methods to explore such questions is common. The key objective of this paper is to guide where empirical LSCM research could evolve if it took its relationship with theory a step further. Our thesis is that inductive research using empirical data can yield additional insightful answers to relevant questions. We hope that discussion of these topics from a 2024 perspective can spur more research that uses empirical analysis as a starting point to create new theory in LSCM and, importantly, to persuade members working in our field to respect and accept rigorous empirical research conducted outside the traditional deductive, logical positivist paradigm.     

Dividend imputation taxes and the curious case of a price premium between BHP and Billiton American depositary receipts

BHP Group was formed in 2001 when the Broken Hill Proprietary Company Limited in Australia merged with the Anglo–Dutch Billiton Plc in the UK to form a dual−listed company. The American Depositary Receipts (ADRs) for BHP and Billiton trade on the NYSE, and despite these two securities having exactly the same voting rights and US dollar denominated dividends, the BHP ADR generally sells at a premium to the Billiton ADR, though that premium has considerable time−series variation. We investigate whether differences in the imputation tax systems that apply to dividends in Australia and the UK help explain the time series variation in the premium of the ADR prices. Our results confirm that imputation tax differences are a significant determinant of the premium. Our paper hence provides direct evidence that imputation tax credits are capitalised into equity prices.