Ethics and Sustainability in Accounting and Finance, Volume I

Preface

Acknowledgements

Contents

Editor and Contributors

List of Figures

List of Tables

Overview

1 Introduction: Why Do We Need to Discuss on Ethics, Sustainability in Accounting

1.1 Codes on Ethics in Accounting Profession

1.1.1 Codes for Accountants in Business

1.1.2 Codes for Accountants in Public Service

1.2 Recent Literature on Accounting Ethics

References

Social Responsibility and Sustainability in Accounting

2 Enhancing Governance Through Accounting Reform: A Local Council Evidence

2.1 Introduction

2.2 Literature Review

2.3 Factors Influencing Adoption of Accrual Accounting

2.4 Institutional Theory

2.5 Research Methodology

2.6 Findings and Discussions

2.7 Accrual Accounting Implementation

2.8 Accounting Reform

2.9 Factors Influencing Accounting Reforms Implementation

2.10 Budget Allocation for IT Implementation

2.11 Auditor’s Opinion

2.12 Conclusion

References

3 Accounting Ethics Education in Turkey: An Evaluation Within the Frame of Opportunities and Challenges

3.1 Introduction

3.2 Accounting Ethics Education in Turkey

3.3 Opportunities in Accounting Ethics Education in Turkey

3.3.1 Socioeconomic Structure of Turkey: Informality, Loss of Tax, and Tax Evasion

3.3.2 Development and Application of Corporate Governance Principles

3.3.3 Crises and Financial Scandals

3.3.4 Transition to International Accounting Standards

3.3.5 Developments in the Accounting Profession

3.4 Challenges Probably to Be Faced in Accounting Ethics Education in Turkey

3.4.1 Who Should Teach Accounting Ethics?

3.4.2 Who Should Take Ethics Classes?

3.4.3 Should Accounting Ethics Be Taught as a Separate Course or Be Included in the Contents of Other Courses?

3.4.4 What Teaching Methods and Techniques Should Be Used?

3.5 Conclusions and Recommendations

References

4 The Relationship Between Corporate Social Responsibility and Earnings Management In Terms of Accounting Information Quality

4.1 Introduction

4.2 The Concept of Corporate Social Responsibility

4.3 Definition of Accounting Information Quality

4.4 The Relationship Between Earnings Management, Accounting Information Quality, and IAS/IFRS

4.4.1 Earnings Management and It’s Types

4.4.2 The Relationship Between Earnings Management and Accounting Information Quality

4.4.3 The Relationship Between Earnings Management, Accounting Information Quality and IAS-IFRS

4.5 The Relationship Between Corporate Social Responsibility and Earnings Management

4.6 Corporate Social Responsibility and Earnings Management Relationship in the Context of Accounting Information Quality

4.7 Conclusion

References

5 Understanding Pro-environmental Behaviour of Accounting and Business Students: Development of a Conceptual Framework

5.1 Introduction

5.2 Pro-environmental Behaviour: Theory Triangulation

5.2.1 The Theory of Planned Behaviour (TPB)

5.2.2 Norm Activation Theory

5.2.3 Values-Beliefs-Norms Theory

5.2.4 Social Cognitive Theory

5.3 Theoretical Framework for the Current Study

5.4 Conclusion

References

Social Responsibility and Sustainable Auditing

6 Determinants of Ethics Auditing: Structural Equation Model Approach

6.1 Introduction

6.2 The Measurement Model

6.3 The Data and Methodology

6.4 Descriptive Statistics and Parameter Estimates

6.5 Discussion of the Empirical Findings

6.6 Concluding Remarks

References

7 Corporate Social Responsibility and Classification Shifting Between Operating and Non-operating Expenses: Evidence from Turkey

7.1 Introduction

7.2 Literature Review and Hypothesis Development

7.2.1 Defining Corporate Social Responsibility

7.2.2 Measuring Corporate Social Responsibility

7.2.3 Classification Shifting

7.2.4 Hypothesis Development; CSR and Classification Shifting

7.3 Data and Sample Selection

7.4 Research Methodology

7.5 Results

7.6 Conclusion

References

8 Scoring of Sustainability Reports with GRI-G4 Economic, Environmental, and Social Performance Indicators: A Research on the Companies Preparing Sustainability Report in Turkey

8.1 Introduction

8.2 Conceptual Framework

8.3 Literature Search

8.4 Purpose and Significance of Research

8.4.1 The Method of the Research

8.4.2 Data Set of the Research

8.4.3 Findings

8.5 Conclusion and Discussion

References

9 Towards a Mandatory Corporate Governance Regime: Empirical Evidence from Turkey

9.1 Introduction

9.2 Institutional Environment in Turkey

9.3 Literature Review and Hypotheses Development

9.3.1 Relevant Literature

9.4 Hypotheses Development

9.4.1 Expected Short-Term Value Implications

9.4.2 Expected Long-Term Value Implications—Post-reform Period

9.5 Research Design

9.5.1 Sample and Data Collection

9.6 Research Methodology

9.7 Results

9.7.1 Summary Statistics

9.7.2 Short-Term Value Implications

9.7.3 Long-Term Value Implications—Post-reform Period

9.8 Robustness

9.8.1 Market-to-Book Ratio as Dependent Variable

9.8.2 Coarsened Exact Matching Estimator

9.9 Discussion and Conclusion

References

10 Transparency of Content Analysis Report of Audit Companies in Turkey

10.1 Introduction

10.2 Auditing Concept

10.3 External Auditing Concept

10.4 Quality in Independent Auditing

10.5 Transparency in Auditing

10.6 Transparency Report

10.7 European Union Legislation

10.8 Transparency and Corporate Governance

10.9 Discussion

References

Social Responsibility and Sustainability in Finance

11 The Role of Investor Sentiment in Taiwan Stock Market

11.1 Introduction

11.2 Literature Review

11.3 Data and Methodology

11.4 Empirical Results

11.5 Conclusions

References

12 Analysis of Article Methodologies on Financial Statements’ Transparency Between the Years 2000 and 2016

12.1 Introduction

12.2 Transparency

12.3 Literature Review

12.4 Methodologies Used in Accounting Studies

12.5 Extent of Study

12.6 Research Findings

12.7 Conclusion

References

13 Corporate Governance Attributes and Firm’s Value

13.1 Introduction

13.2 Literature Review and Hypotheses Development

13.3 Hypothesis

13.4 Data Collection

13.5 Results and Discussion

13.6 Conclusion

References

14 Measuring the Quality of Codes of Conduct in Greek Listed Companies

14.1 Introduction

14.2 Literature Review

14.2.1 Definitions of Codes of Ethics

14.2.2 The Scope of the Corporate Code of Conduct

14.2.3 Prior Empirical Studies

14.3 Theoretical Background and Hypothesis Development

14.4 Research Design

14.5 Empirical Result

14.5.1 Mean Number of COC Pages and Their Quality Based on the Company’s Size

14.5.2 COC Quality Under Dichotomous and PC Approach

14.5.3 COC Quality per Capitalization

14.6 Conclusions and Limitation

References

Index