bluuebunny/crossref_metadata_2025_split huggingface dataset:
Bank accounting and bank value: harmonising (d)effects of a common accounting culture?
Authors: Anagnostopoulos Ioannis , Buckland Roger 
Published: November 2007

PurposeThis paper aims to draw on the potential behavioural implications of the new (economic) measurement attributes initiated recently by the International Accounting Standard Board (IASB) in their efforts to reflect more relevant, “true” underlying economic values as opposed to historical.Design/methodology/approachOwing to lack of readily observable market prices (market values) for loans (retail and commercial operations) for statistical testing and initial conservatism on the part of banks for a survey to be conducted, 15 interviews were employed (from October 2005 to November 2006) with major bankers (CEOs and CFOs of major banks) and standard setters. The paper analyses the perceived benefits and costs associated with the application of two diametrically opposite measurement methodologies for banks. These can also have important implications for the “perceived” value/measurement profile of a bank – as argued in the concluding section – for bankers and their regulators, on the one hand, and accounting standard setters and investors, on the other.FindingsThe propositions constitute a significant departure from current accounting practices in that all financial assets and liabilities should uniformly be recognised and reported under a universally accepted “economistic” measurement framework.Originality/valueThe paper captures perceptions and attitudes as to the future “behavioural” direction of banks and provides a balanced argument between the rigours of historical cost accounting and fair value accounting.
How IFRS has destabilised financial reporting for UK non‐listed entities
Authors: Fearnley Stella , Hines Tony 
Published: November 2007

PurposeThe paper aims to trace the development of attitudes towards financial reporting solutions for entities not subject to the European Union (EU) Regulation. This Regulation mandated application of IFRS for the group accounts of listed companies for financial years beginning 1 January 2005. It seeks to evaluate the alternatives in the light of changing attitudes to IFRS, and the accounting model being adopted, particularly focusing on the problems facing smaller companies.Design/methodology/approachThe paper employs qualitative analysis of data from two main sources: first, a series of interviews with financially literate individuals before IFRS was implemented in the UK; and second, from responses to ASB's consultations on the future of financial reporting for non‐listed entities.FindingsThe increasing perception is that IFRS is overly complex and is complicating the search for appropriate form of financial reporting for entities not covered by the EU Regulation. In particular, there is a difficulty in knowing the correct dividing point between large and small company accounting, and views on this have evolved over time. The needs of small and medium enterprises appear to have been ignored in the debates dominated by the requirements of global players.Research limitations/implicationsThe implications are that further, possibly more radical policy options need to be considered for smaller companies to ensure that the costs of financial reporting remain in proportion to the benefits.Originality/valueThe paper identifies the changing views in the UK of the suitability of IFRS for non‐listed entities.
It's all in the data – consistent operational risk measurement and regulation
Authors: Jobst Andreas A. 
Published: November 2007

PurposeAmid increased size and complexity of the banking industry, operational risk has a greater potential to occur in more harmful ways than many other sources of risk. This paper seeks to provide a succinct overview of the current regulatory framework of operational risk under the New Basel Accord with a view to inform a critical debate about the influence of data collection, loss reporting, and model specification on the consistency of risk‐sensitive capital rules.Design/methodology/approachThe paper's approach is to investigate the regulatory implications of varying characteristics of operational risk and different methods to identify operational risk exposure.FindingsThe findings reveal that effective operational risk measurement hinges on how the reporting of operational risk losses and the model sensitivity of quantitative methods affect the generation of consistent risk estimates.Originality/valueThe presented findings offer tractable recommendations for a more coherent and consistent regulation of operational risk.
Credit default swap spread and succession events
Authors: Gonenc Halit , Schorer Floris , Appel Willem P.F. 
Published: November 2007

PurposeCredit default swap (CDS) spreads may not represent the accurate credit risk levels (asymmetric spread behavior) of assets with the initiation of corporate events, such as merger, spin‐off or other similar events in which one entity succeeds to the obligations of another entity. The International Swaps and Derivatives Association (ISDA) succession language for the definition of succession events misleads the CDS market participants to determine CDS spreads. The purpose of this paper is to provide a conceptual framework for the relationship between the ISDA succession language and CDS spreads in order to clarify the factors behind the asymmetric spread behavior around several corporate activities.Design/methodology/approachThe authors develop a conceptual driver model to establish a link between company characteristics and succession issues. Then, a succession model to evaluate the risk levels occurring with succession issues is designed.FindingsThe ISDA succession language has an influence on CDS spreads around corporate events. The explanatory approach provides the foundation for the understanding of the relationships between succession issues caused by several corporate events, involving particularly restructuring, refinancing and/or guarantee risk, and CDS spreads. Combination of the driver model and the succession model helps to assess the potential influence of succession events on CDS spreads.Research limitations/implicationsMarket participants should take into consideration the effects of the ISDA succession language on CDS spreads around succession of CDS.Originality/valuePrior research related to the CDS has always focused on the economic determinants of CDS spreads. This paper is the first attempt to explain the relationship between the ISDA succession language and CDS spreads.
Market abuse and the commodities markets
Authors: Evagora Kyri , Licnachan Gerald 
Published: November 2007

PurposeThe growth of the commodities markets and the increasing investment by non‐traditional market participants, such as pension and hedge funds, has come to the attention of the Financial Services Authority (FSA), which has shown growing concern over the risks and challenges faced by all stakeholders in these markets.Design/methodology/approachThis is a review paper relying on an analysis of the present situation.FindingsRecent trends and significant developments in the commodities markets have not gone unnoticed by the UK's financial services watchdog. The FSA has indicated an increased degree of interest in the commodities markets and has signalled a shift in its approach towards regulating them.Originality/valueThe paper raises awareness and highlights issues surrounding financial regulation.
A study of the impact of three leadership styles on integrity violations committed by police officers
Authors: Huberts L.W.J.C. (Leo) , Kaptein M. (Muel) , Lasthuizen K. (Karin) 
Published: November 2007

PurposeThe purpose of this paper is to explore the connection between three aspects of leadership – role modeling, strictness, and openness – and nine types of integrity violations within the Dutch police force.Design/methodology/approachIn this paper data were collected by means of a questionnaire from five regional police organizations in The Netherlands (2,130 questionnaires to regular police officers, response rate 51 percent). Respondents were requested to describe their direct supervisor's leadership qualities and the frequency of integrity violations in their unit. Multivariate analysis techniques were employed to test the relation between the three leadership styles and the nine types of integrity violations.FindingsThe paper finds that role modeling, strictness, and openness of leaders influence the behavior of police officers, but the impact of the variables on the different types of integrity violations varies. Role modeling is especially significant in limiting unethical conduct in the context of interpersonal relationships. Employees appear to copy the leader's integrity standards in their daily interaction with one another. Strictness is important as well, but appears to be particularly effective in controlling fraud, corruption and the misuse of resources. The impact of openness is less evident.Research limitations/implicationsThe study in this paper has taken the field of leadership and ethics a step forward by relating different aspects of leadership with different types of violations. The results are significant for further development of theories on ethics and leadership. Future research should combine different sources and methods in order to further test the findings.Practical implicationsThe results in this paper have implications for integrity policies and leadership training. A multifaceted leadership strategy will be most effective in safeguarding and improving the integrity of (police) organizations.Originality/valueThe paper shows that leadership is the most frequently cited organizational factor in discussions about the safeguarding of ethics and integrity. However, empirical data are lacking regarding the extent to which different aspects of leadership individually contribute to different kinds of integrity violations.
Measuring performance in the public sector: challenges and trends
Authors: Jarrar Yasar , Schiuma Giovanni 
Published: November 2007

PurposeThe purpose of this paper is to show that in the last decades the globalization of economies together with the adoption of the new public management model have involved deep changes in the organization and management of public service organisations (PSOs). The need to increase their accountability and customer focus orientation has driven the implementation of performance measurement systems (PMSs) in order to improve efficiency and performance. Most of the PMSs are adopted from the private sector. However PSOs present specific issues that need to be addressed. In this paper some of the main challenges and trends are introduced as well as three papers focused on the relevance and challenges related to the implementation of PMSs.Design/methodology/approachThis paper is mainly based on the results of a literature review as well as on the personal experience of the authors in the field. Its scope is to identify some fundamental research and practical practitioner issues to be investigated in order to improve the understanding and practice of the design and implementation of PMSs in public organisations.FindingsThe paper identifies the main issues related to performance measurement in the public sector.Originality/valueThis paper benefits both researchers interested to map the most important research area in the field of performance measurement in the public sector, and practitioners concerned with the obstacles to be overcome for an effective and efficient implementation of PMSs.
Benchmarking the e‐government bulldozer: beyond measuring the tread marks
Authors: Salem Fadi 
Published: November 2007

PurposeThe purpose of this paper is to investigate the role of international benchmarking studies as drivers for e‐government development.Design/methodology/approachThe paper shows that after reviewing 44 published e‐government benchmarking reports (2000‐2006) and evaluating their validity and acceptance in academic and practitioners' literature, the paper systematically compares and contrasts ten established international e‐government benchmarking methodologies. The comparative analysis is conducted utilizing a proposed conceptual framework (CMBP), which specifically assesses the context, methodology, type of benchmarking and social paradigmatic tendency of each of the reports studied.FindingsThe paper finds that regardless of the methodology adopted‐international e‐government benchmarking does have an imperative role in driving e‐government development, only when the exercise is accompanied with a long‐term iterative adaptation and reform mechanism.Originality/valueThe framework proposed in this paper provides public administrators with a valuable conceptual lens for understanding the value of each benchmarking study to better assess its applicability in driving development of their e‐government initiative. The paper also contributes to the limited body of academic literature investigating e‐government benchmarking and proposes a methodical framework for understanding the role of international benchmarking reports in e‐government development.
Crafting performance measurement systems to reduce corruption risks in complex organizations: the case of the World Bank
Authors: Fritzen Scott A. 
Published: November 2007

PurposeThe purpose of the paper is to explore an emerging challenge for large public‐sector bureaucracies: developing information and performance measurement systems that support anti‐corruption efforts.Design/methodology/approachThe paper is an analytical framework linking functions and contexts of performance measurement to anti‐corruption requirements. The framework is used to explore a case study of the World Bank's ongoing efforts to strengthen anti‐corruption information systems in Indonesia.FindingsThe paper finds that a range of organizations are increasingly turning to performance measurement systems to fulfill several functions related to organizational integrity: to hold organizations accountable for reaching publicly stated standards of fiduciary responsibility and corruption control; to identify vulnerable operational points in multi‐faceted public enterprises; and to facilitate organizational learning regarding “what works”. Yet corruption is difficult to measure, and corruption vulnerabilities often arise from informal practices, insufficient incentives for enforcement or adherence to standards, and managerial blindspots. Enhanced information systems need to be coupled with effective and multi‐directional accountability arrangements in order for performance measurement to contribute effectively to corruption control.Practical implicationsThe paper shows that improved information systems and a reassessment of managerial incentives and attitudes are both essential in order to reduce organizational vulnerability to corruption and to the public backlash that follows in the wake of corruption scandals.Originality/valueThe paper focusses on an emerging area of performance management likely to gain increasing visibility as large bureaucracies attempt to institutionalize public commitments to high anti‐corruption standards
Information quality as a mirror of government excellence
Authors: Zuurmond Arre , Jörg Pim , Dicks Ted , Woudenberg Barry 
Published: November 2007

PurposeThe purpose of this paper is to explain current processes which are part of the eGovernment agenda in Dutch governmental organizations: these processes are part of a transformation of government organizations and municipalities towards networked organizations (“infocracies”). The paper also aims to show which difficulties municipalities are faced with, and how an instrument for measuring information quality and management can help municipalities cope with these developments that come with the transformation.Design/methodology/approachThe paper analyses current developments and the challenges that government organizations are confronted with, and shows how a measurement instrument can contribute in helping government organizations cope with these developments.FindingsThe findings show that IT is an enabler for government organizations to transform towards networked organizations. In a municipal setting, this has led to the creation of authentic registrations as a crucial element of the networked organization. The main challenges for municipalities with regard to the implementation of authentic registrations are not technical but organizational of nature: there is a need for information sharing and cooperation, process and chain orientation and an awareness of the interdependencies which are inherent to authentic registrations. The EGEM Thermometer makes the challenges and obstacles, which obstruct the successful implementation of authentic registrations visible, and provides municipalities with a base to start the implementation thereof.Research limitations/implicationsThe Thermometer is currently based on a pilot project and a project that was the start of the Thermometer, which is made up of six municipalities.Practical implicationsThe use of the EGEM Thermometer helps municipalities by creating insight, awareness, sense‐of‐urgency and a basis for organizational development.Originality/value of paperThe paper illustrates how measurement and feedback sessions can help organizations cope with IT challenges in relation to cooperation, service delivery, enforcement and information management.
Measuring the potential success of information system implementation
Authors: Davison Jean , Deeks David 
Published: November 2007

PurposeThe purpose of this paper is to explore the possibility of using a metric to measure user acceptability of a system prior to its implementation.Design/methodology/approachEmpirical research is carried within PISO®, an existing process improvement method that harnesses the expertise of system users in redesigning systems. A metric called “warm glow” is trialled, designed to test the level of user acceptance to system change.FindingsThe paper finds that the “warm glow” metric was applied to a number of system redesigns applying the PISO method, to check user opinion of the existing system against the proposed system. It was found that use of the “warm glow” metric does give a measured approach to gauging acceptability. Two possible influences were considered during the study. The first was the Halo effect which suggests an optimal stage in the redesign at which to rate processes in terms of user opinion. Results in this case appeared consistent irrespective of time. The second was the Hawthorn effect which suggests that simply by being “singled out” to redesign the system, user opinions will be positively biased. Findings in this respect were inconclusive. The need is noted for further research into possible effects.Practical implicationsIt is likely that such a technique could by used more widely than within the PISO method.Originality/valueThe paper provides a means of testing user acceptance to systems via rating of system processes.
SMS advertising, permission and the consumer: a study
Authors: Bamba Fatim , Barnes Stuart J. 
Published: November 2007

PurposeThis study aims to examine the phenomenon of consumers' willingness to give permission to receive short message service (SMS) advertisements. The purpose of this research is threefold: to better understand the phenomenon of consumers' willingness to give permission to receive text message (SMS) advertisements, to provide empirical data that supports our understanding, and to develop and test a basic model of consumers' willingness to give permission to receive SMS advertisements.Design/methodology/approachThe study utilised a multi‐method research approach with both qualitative and quantitative data – via focus group and scenario‐based survey.FindingsThe results show that even if the relevance of the advertisement is high it does not on its own make consumers give permission; it needs to be combined with the control over opt‐in conditions to assure consumers and gain permission. Regarding brand familiarity, this appears to have little impact on consumers' willingness to give permission to receive SMS advertisements. The opt‐in conditions valued the most are: the possibility to withdraw at any time, personal data disclosure only with consent, and mobile phone operators as a primary advertising filter.Originality/valueThe principal contribution of the paper is in furthering our understanding of the concept of permission as related to the emerging topic of SMS advertising. The paper provides evidence and data triangulation in an area that so far has had little empirical investigation.
The role and impact of business process management in enterprise systems implementation
Authors: Al‐Mudimigh Abdullah S. 
Published: November 2007

PurposeThe purpose of this paper is to investigate the role and impact of business process management (BPM) in successful enterprises system (ES) software package implementation.Design/methodology/approachA literature review was conducted to understand the critical success factors in successful ES implementation. The review covered numerous published books and articles, and looking at the experiences of several organizations.FindingsES is far from being an IT project, and is more of an integrated organizational development approach that changes the way organizations do business, and the way work is done. Consequently, to implement ES successfully, organizations must treat it like a change management project and focus on an integrated approach of BPM.Originality/valueThis paper addresses the role and impact of BPM in successful ES implementation to improve the experience of many organizations that are undertaking or plan to undertake this effort to improve performance, undertake better decision making, and achieve a competitive advantage.
Senior services: exploring nursing home services for community‐based seniors
Authors: Davis Jullet A. , Marino Louis D. , Davis Lenita 
Published: November 2007

PurposeThis study aims to examine the extent to which certain organizational characteristics of a nursing home impact its decision to target the community‐based seniors' (CBS) market by offering nursing home services to non‐residents. The study aims to hypothesize that service provision would be greater in not‐for‐profit, innovative nursing homes, those with organizational slack, and those that are chain‐affiliated.Design/methodology/approachData came from the 1999 National Nursing Home Survey. There are 1,075 nursing homes in the sample population. The data were analyzed using logistic regression.FindingsThe results show that for‐profit nursing homes were predisposed to offer these services. However, innovative nursing homes were less likely to offer these services. Finally, homes with slack in the form of physical therapists offered these services, but homes with nurse's aide slack were less likely to offer these services.Research limitations/implicationsThe findings support the theoretical propositions that CBS service provision is guided by both customer lifetime value principles and the tenets of relationship marketing. The purpose of establishing a long‐term relationship with a consumer is to achieve long‐term profits. Some nursing homes may be achieving this goal.Practical implicationsThe health care system is steadily undergoing changing consumer behavior. Consumers will be more actively engaged in their own service delivery; therefore, providers will have to create innovative methods to meet consumer needs. The provision of services to non‐residents is an important and necessary response to market demands for services. The key for health care providers is to offer greater service diversity.Originality/valueThe paper provides evidence that for‐profit nursing home providers offer more services to non‐residents than not‐for‐profit providers.