bluuebunny/crossref_metadata_2025_split huggingface dataset:
Capital budgeting decision-making practices: evidence from Pakistan
Authors: Mubashar Afeera , Tariq Yasir Bin 
Published: November 2018

Purpose
The purpose of this paper is to examine the current trends of capital budgeting practices (analysis techniques, discount rate estimations and risk assessment methods) among Pakistani listed firms and analyze the responses conditional on firms’ demographics and executive characteristics.

Design/methodology/approach
An online questionnaire was sent via e-mail to top 200 non-financial firms (in terms of market capitalization) listed on Pakistan Stock Exchange.

Findings
With a response rate of 35 percent, it is concluded that the theory–practice gap is low as Pakistani listed firms are using discounted cash flow methods of capital budgeting and preferring net present value over internal rate of return. Similarly, weighted average cost of capital is estimated using target value weights, and capital asset pricing model (with extra risk factors) is used to determine the cost of equity capital. For risk assessment, sensitivity analysis and scenario analysis are the dominant approaches; however despite the theoretical superiority, the use of real options is very low. Overall, investment decision responses significantly differ across firm’s demographics and executive characteristics.

Practical implications
Pakistani business schools need to address the low usage of advanced methods such as modified internal rate of return and real options among Pakistani listed firms.

Originality/value
This is the first comprehensive study on the topic in Pakistan and have highlighted the areas of capital budgeting where Pakistani firms’ practices deviates from finance theory.
Public interest and accrual accounting: are they aligned?
Authors: Sylvia  , Sukoharsono Eko Ganis , Prihatiningtias Yeney Widya , Roekhuddin  
Published: November 2018

PurposeThe purpose of this paper is to evaluate the merits of accrual-based accounting for the public in an Indonesian local government. It gives insights into the connection between the new practices and responses from government apparatus.Design/methodology/approachThe paper applies genetic structuralism from Pierre Bourdieu to study the interrelation of habitus, field and capital in the accrual accounting implementation.FindingsThe result indicates a symbolic dominance of central government in the implementation of accrual-based accounting in the local government. Accrual accounting is considered to be a technique of government accountability which is independent from political and social situation.Practical implicationsThe accrual accounting implementation preoccupies the government officials in their study of the preparation of financial statements while its utilization to increase the public welfare is still ignored.Social implicationsThe government still prioritizes accountability and transparency for managerial and political purposes. Hence, the public interest is less superior compared with the formalities established between governments – the central government and local governments – and the regional legislator.Originality/valueThis paper contributes to the evaluation of the alignment of government policy with the public interest.
Assimilating accounting innovations: lessons from Italian public universities
Authors: Gigli Sabrina , Mariani Laura , Trivellato Benedetta 
Published: November 2018

PurposeThis paper aims to identify the possible sources of organizational decoupling and their effects in public universities, as they transition from cash to accrual accounting, by assessing the phases of the innovation assimilation process.Design/methodology/approachTo assess the transition, the authors develop a framework that integrates the possible sources of decoupling with the phases of the innovation process. This framework is then applied to the analysis of six Italian public universities moving from cash to accrual accounting.FindingsThe results point to regulation gaps and adverse organizational conditions as the main culprits of decoupling behaviours in the production and use of information. Delays in the characterization of the legal framework and ambiguities in the definition of accounting standards by the regulator are the first barriers to an effective transition. The organizational barriers, instead, depend on lack of adequate skills, over-bureaucratization, limitations of the IT systems and organizational complexity. Such limitations generate hybrid accounting systems that jeopardize the informative function of financial reporting.Originality/valueFrom a theoretical viewpoint, this paper contributes to a conceptualization of accounting innovations and reforms as processes whose impact depends on dynamics that arise and interact differently across phases. From a practitioner’s point of view, it highlights the factors that may produce adverse effects during the implementation process: these may be taken into account during planning, so as to develop the appropriate remedial actions.
The impact of top management team characteristics and historical financial performance on strategic management accounting
Authors: Pavlatos Odysseas , Kostakis Xara 
Published: November 2018

PurposeThe purpose of this paper is to explore the impact of the top management team (TMT) characteristics and historical financial performance on strategic management accounting (SMA) usage.Design/methodology/approachObjective data were extracted from annual financial statements, as well as data from questionnaires in a sample of 94 enterprises were used.FindingsData analysis showed that one of the most important factors that influence the level of usage of SMA techniques is lagging historical performance of the enterprises. Those organizations that had low profitability in the past, due to the economic crisis, adopted and used innovative SMA tools more extensively, to improve their financial performance in the future. Based on Upper Echelons theory and Role theory, it was found that TMT characteristics (educational background, tenure, creativity) affect the adoption and the usage of SMA tools.Research limitations/implicationsFirst, this research was performed on one sector. Second, only a few SMA techniques were included. Third, some TMT characteristics were measured with only one item. As a result, it was not possible to check for reliability and validity of the measurements.Practical implicationsFirst, TMT characteristics influence the decision-making process and management control. This should be taken into account during the process of the selection of top managers. Moreover, SMA tools can be effectively used not only by CEOs and the managers of the accounting department, but from marketing managers as well. Consequently, a better communication between marketing and accounting managers is deemed essential to improve the performance of the company.Originality/valuePrevious research has studied the effect of CEOs and CFOs characteristics in the design of Management Control Systems. The authors explored for the first time, the effect of the characteristics of one more member of Board of the TMT, that is, Chief Marketing Officer (CMO), in the adoption and use of management accounting innovations (MAIs). Second, the authors studied one more characteristic of top level managers from Role theory, that is, creativity. Although many studies link creativity to the adoption of MAIs, this is the first time, to the best of the authors’ knowledge, that creativity is studied as an additional parameter that influences the adoption and use of SMA. Furthermore, this research provides additional knowledge about the effect of historical performance in MAIs usage. For the first time, it used objective data from annual financial statements, it calculated financial ratios, to measure historical financial performance. Moreover, this study provides knowledge about the effect of TMT characteristics in accounting choices in geographical areas, outside the USA.
Assessing the values of living heritage sites in Kathmandu Valley: a community perspective
Authors: K.C. Chandani , Karuppannan Sadasivam , Sivam Alpana 
Published: November 2018

Purpose
The purpose of this paper is to assess the heritage values of two case study sites in the Kathmandu Valley using a living heritage approach by emphasising the role of the core community. The core community in a living heritage site is the community that created the site and maintained it over centuries, and will continue to do so into the future while adapting to change. Understanding the value of a site is important for the conservation of heritage because values help shape decisions on conservation. Assessment of heritage values helps to identify the values associated with heritage sites.

Design/methodology/approach
A case study approach was employed for the research. Questionnaire surveys were conducted with the core community and stakeholders. Surveys of the stakeholders looked for any difference in opinion between them and the core community. The empirical data were collected at two living heritage sites located in Kathmandu and Lalitpur in Nepal.

Findings
The findings of the paper provide insights for the conservation of living heritage in the Kathmandu Valley. It shows how the community perceives and assesses the significance of heritage sites. It also shows the values considered important by the core community and stakeholders, and the values that have changed over the years. Aesthetic and architectural values were ranked high by the core community.

Originality/value
The approach employed was adopted to assess heritage values by the core community. A living heritage site is dependent on the core community, so their perception of heritage value is important and should be the basis of conservation of living heritage. This paper provides a framework for conserving and managing heritage sites by the core community with support and guidance from wider community members and government authorities.
The value of gift personalization: current insights from the gift recipient’s perspective and future research directions
Authors: Pizzetti Marta , Gibbert Michael 
Published: November 2018

Purpose
This paper aims to explore gift personalization, i.e. the design of gifts by givers on mass-personalization platforms, from the perspective of the gift recipient.

Design/methodology/approach
Given the exploratory objectives of this study, the qualitative approach was deemed suitable. Two complementary qualitative studies (i.e. semi-structured interviews and critical incidents) have been conducted, and the narratives have been thematically analyzed.

Findings
Gift recipients value gift personalization because of the utility they derive from the product, as well as the ability of the personalized gift to express the giver. Recipients recognize the capacity of the personalized gift to communicate symbolically the giver; they appreciate not only the enhanced attributes of the end product but also the process that led to it, which is imagined as creative and risky. The inherent expressivity of the personalized gift makes it highly valuable in the recipient’s eyes, even when it fails to please him or her.

Originality/value
This research redefines the boundaries of personalization value based on the perceptions of consumers who are not involved in the design process; highlights implications of personalization for firms targeting givers as users of their mass-personalization platforms; and proposes a research agenda to further investigate personalization in marketing.
Bibliometric differences – a case study in bibliometric evaluation across SSH and STEM
Authors: Melchiorsen Poul Meier 
Published: November 2018

Purpose
The purpose of this paper is to acknowledge that there are bibliometric differences between Social Sciences and Humanities (SSH) vs Science, Technology, Engineering and Mathematics (STEM). It is not so that either SSH or STEM has the right way of doing research or working as a scholarly community. Accordingly, research evaluation is not done properly in one framework based on either a method from SSH or STEM. However, performing research evaluation in two separate frameworks also has disadvantages. One way of scholarly practice may be favored unintentionally in evaluations and in research profiling, which is necessary for job and grant applications.

Design/methodology/approach
In the case study, the authors propose a tool where it may be possible, on one hand, to evaluate across disciplines and on the other hand to keep the multifaceted perspective on the disciplines. Case data describe professors at an SSH and a STEM department at Aalborg University. Ten partial indicators are compiled to build a performance web – a multidimensional description – and a one-dimensional ranking of professors at the two departments. The partial indicators are selected in a way that they should cover a broad variety of scholarly practice and differences in data availability.

Findings
A tool which can be used both for a one-dimensional ranking of researchers and for a multidimensional description is described in the paper.

Research limitations/implications
Limitations of the study are that panel-based evaluation is left out and that the number of partial indicators is set to 10.

Originality/value
The paper describes a new tool that may be an inspiration for practitioners in research analytics.
A first-person theory of documentation
Authors: Gorichanaz Tim 
Published: November 2018

PurposeThe purpose of this paper is to first articulate and then illustrate a descriptive theoretical model of documentation (i.e. document creation) suitable for analysis of the experiential, first-person perspective.Design/methodology/approachThree models of documentation in the literature are presented and synthesized into a new model. This model is then used to understand the findings from a phenomenology-of-practice study of the work of seven visual artists as they each created a self-portrait, understood here as a form of documentation.FindingsA number of themes are found to express the first-person experience of art-making in these examples, including communicating, memories, reference materials, taking breaks and stepping back. The themes are discussed with an eye toward articulating what is shared and unique in these experiences. Finally, the themes are mapped successfully to the theoretical model.Research limitations/implicationsThe study involved artists creating self-portraits, and further research will be required to determine if the thematic findings are unique to self-portraiture or apply as well to art-making, to documentation generally, etc. Still, the theoretical model developed here seems useful for analyzing documentation experiences.Practical implicationsAs many activities and tasks in contemporary life can be conceptualized as documentation, this model provides a valuable analytical tool for better understanding those experiences. This can ground education and management decisions for those involved.Originality/valueThis paper makes conceptual and empirical contributions to document theory and the study of the information behavior of artists, particularly furthering discussions of information and document experience.
Examining the spatial relationship between environmental health factors and house prices
Authors: McCord Michael J. , MacIntyre Sean , Bidanset Paul , Lo Daniel , Davis Peadar 
Published: November 2018

PurposeAir quality, noise and proximity to urban infrastructure can arguably have an important impact on the quality of life. Environmental quality (the price of good health) has become a central tenet for consumer choice in urban locales when deciding on a residential neighbourhood. Unlike the market for most tangible goods, the market for environmental quality does not yield an observable per unit price effect. As no explicit price exists for a unit of environmental quality, this paper aims to use the housing market to derive its implicit price and test whether these constituent elements of health and well-being are indeed capitalised into property prices and thus implicitly priced in the market place.Design/methodology/approachA considerable number of studies have used hedonic pricing models by incorporating spatial effects to assess the impact of air quality, noise and proximity to noise pollutants on property market pricing. This study presents a spatial analysis of air quality and noise pollution and their association with house prices, using 2,501 sale transactions for the period 2013. To assess the impact of the pollutants, three different spatial modelling approaches are used, namely, ordinary least squares using spatial dummies, a geographically weighted regression (GWR) and a spatial lag model (SLM).FindingsThe findings suggest that air quality pollutants have an adverse impact on house prices, which fluctuate across the urban area. The analysis suggests that the noise level does matter, although this varies significantly over the urban setting and varies by source.Originality/valueAir quality and environmental noise pollution are important concerns for health and well-being. Noise impact seems to depend not only on the noise intensity to which dwellings are exposed but also on the nature of the noise source. This may suggest the presence of other externalities that arouse social aversion. This research presents an original study utilising advanced spatial modelling approaches. The research has value in further understanding the market impact of environmental factors and in providing findings to support local air zone management strategies, noise abatement and management strategies and is of value to the wider urban planning and public health disciplines.
Towards formation of dynamic value chains to enhance competitiveness of commercial lighting industry
Authors: Wesumperuma Ashini , Ginige Athula , Gunawardana Upul 
Published: November 2018

Purpose
This study aims to explore ways to enhance competitiveness of commercial lighting industry because of the growing digitally connected stakeholder community. Positive responses from stakeholders to recurring business interactions help build trust and formation of a community; value chains being one form of such trusted community. Because of the increasing trust, the effort to search right value chain partners diminishes, business interactions become less formal and transaction costs are reduced, thus increasing the competitiveness.

Design/methodology/approach
In this research, a cross-sectional study of commercial lighting industry domain in Australia was carried out, focusing on two states: New South Wales and Victoria. Based on the findings, an approach and a supporting platform to enhance competitiveness of commercial lighting industry were synthesized.

Findings
Based on the findings from the study, formation of such value chains, namely, “Entrusted Circles” and its two types of formations, fully and partial, were observed. Their further growth was hindered by high transaction costs. To reduce this transaction cost, this paper proposes a platform to create dynamic value chains, among stakeholders of commercial lighting industry, making use of growing digital connectivity leading toward agile formation of Entrusted Circles to enhance competitiveness.

Research limitations/implications
This study focuses on the commercial lighting industry in Australia, which is not tested in any other domain to investigate its wider applicability. However, it is conceptually applicable to be used in industries with compliance and standard procedures.

Originality/value
This paper shows how to identify Entrusted Circles and build, support and sustain such relationships among value chain partners to successfully conduct business transactions in a dynamic value chain.
Court’s intervention on arbitral tribunal’s jurisdiction
Authors: Park Eunok 
Published: November 2018

Purpose
The purpose of this paper is to analyze provisions which are related to court’s intervention over an arbitral tribunal’s jurisdiction under the revised Korean Arbitration Act (2016) and the UNCITRAL Model Law.

Design/methodology/approach
The author studies a theory about court’s intervention over an arbitral tribunal’s jurisdiction by studying some scholarly writings and compares the revised provisions in the KAA (2016) with those in the KAA (2010) and the UNCITRAL Model Law (2006).

Findings
There is no clear and internationally unified answer to which theory between the prima facie test and the full review test is appropriate for court’s intervention to arbitration. The analysis of the provision shows that the revised ones in the KAA (2016) will make arbitration to be conducted faster and more efficiently by giving practical answers to issues raised.

Research limitations/implications
It has been just over one year since the KAA (2016) became effective, so it limits evaluation on whether these revised provisions related to court’s intervention over jurisdiction of arbitral tribunal is successful or not.

Originality/value
This study is comparatively new one after the KAA (2016) became effective. So, it is expected to provide a guidance for further studies.
Brand vulgarity
Authors: Griffiths Merlyn A. 
Published: November 2018

Purpose
The purpose of this study is to explore the use of expletives and derogatory terminology in the naming structure for companies, products and brands; a marketing strategy which is growing across a wide range of industries. The author defines this concept as brand vulgarity and explores the practice, as it situates in the midst of irony, as terms commonly held as taboo and societally indecent, are moving into the mainstream.

Design/methodology/approach
This study draws on the established literature in branding, profanity and ironic marketing to create a conceptual framework through which to understand brand vulgarity.

Findings
Brand vulgarity is intended to capture attention. However, several factors influence consumer receptivity and acceptance. These factors include perceived offensiveness exposure and the reclaiming and reappropriation of vulgar terms. Brand vulgarity not only challenges traditional approaches to nomenclature in branding but the building of brand image as well.

Social implications
The marketplace has become a brand war demarcated by fierce competition each entity vying for attention. The use of vulgar terminology and the growing ease of consumer receptivity calls to question changes in sociocultural sensitivity and its influence on social acceptance of brand vulgarity.

Originality/value
This work breaks new ground as the first to introduce the concept of brand vulgarity and examine the practice across multiple industries.