Journal of Applied Accounting Research

The influence of marine ecological compensation policy on enterprises’ environmental investment Marine ecology increasingly affects the economic development of countries, and the study on the influence of relevant environmental policies is of practical significance. However, most scholars concentrate on the research of environmental regulation, and have little focus on the policy effect of marine environmental compensation. This paper studies how marine ecological compensation policy influences the environmental investment behavior of enterprises,and further analyzes the difference in the policy effect caused by the nature of enterprises’ ownership, which not only fills the gap in this field, but also provides a scientific basis for the formulation and adjustment of marine ecological compensation policy. Dalian University of Technology Alumni Association of Singapore(DUTAAS) The article is available at: https://lnkd.in/dYrq8-KX

Financial analysts’ use of industry specific stock valuation models The purpose of this paper is to explore the industry-specific preferred valuation model utilised by analysts’ in determining a stock’s target price. By understanding analysts’ use of industry-specific valuation models, we can enhance our comprehension of important aspects of value creation in these sectors. Therefore, understanding the industry context is crucial for accurately assessing the value of companies within that industry and selecting the most suitable valuation model. Price/Earnings (P/E) emerges as the preferred valuation model in 20 out of the 25 industry groups based on the GICS, with some exceptions. Notably, EV/EBITDA is favoured in the telecom, energy and materials sectors, while the capital goods industry primarily relies on Price/Cash flow (P/CF). In the Real Estate Investment Trusts (REITs) sector, P/AFFO (adjusted funds from operations) is the most commonly employed model. While earnings multiples remain the favoured valuation model for financial analysts, a noticeable shift away from multiperiod valuation models is evident after the first decade of the 21st century. Lars Olbert Linköping University The article is available at: https://lnkd.in/d_ZBNjeU

***CALL FOR PAPERS*** Title: New paradigms for social and environmental accounting and accountability: in search of solutions to complex grand challenges Guest Editors: Riccardo Torelli Ericka Costa Massimo Contrafatto CSEAR UK, St Andrews Key deadlines Opening date for manuscripts submissions: 01/09/2025 Closing date for manuscripts submission: 31/10/2025 More information are available at the following link: https://lnkd.in/dR_MGSKP

Disaggregating air, water and renewable energy disclosures in developing economies: the role of regulatory impact and board characteristics This study examines how board characteristics influence air, water and renewable energy (AWR) disclosures in an emerging economy. It argues for the necessity of separating these disclosures to address unique environmental impacts and stakeholder concerns. Using longitudinal data from environmentally sensitive firms (2014–2022), a disclosure index based on the Global Reporting Initiative (GRI) framework was developed to quantify AWR separately. Anup Saha, PhD, FCMA, SFHEA Imran Khan The article is available at: https://lnkd.in/ddrr3NKg

***CALL FOR PAPERS*** Title: Respect in Finance for Business Success and Sustainability Guest Editors: Dr Doirean Wilson, Professor Fatima Annan-Diab, Rea Prouska, Dr. Jeremy Chapman Dip PFS, EFA Key Dates Submissions open 1st May 2025 Submissions close 31st May 2025 Final acceptance date 31st December 2025 More information are available at the following link: https://lnkd.in/dDR_u54e

The effect of disaggregated financial statements on potential nonprofit donors This study examines the effect that aggregated versus disaggregated financial statements has on a potential donor’s decision to donate to both large and small nonprofit organizations. Results indicate that disaggregated financial statements increase the likelihood of donors donating. Findings suggest that trust serves as a mediating effect, as disaggregated information leads to increased organizational trust, which subsequently leads to an increased likelihood of donating. Anthony Schmelzer, Frances Stott Aaron Wilson David Stott The article is available at: https://lnkd.in/dNSR3nrk

Managerial incentives and accounting quality: the role of ownership in banking This study investigates the influence of managerial discretion over accruals on banks' financial reporting quality. Furthermore, it examines the role of ownership in shaping managerial incentives to manipulate banks’ reporting quality in a developing economy. The sample includes 37 Indian public- and private-sector banks from the fiscal year 2001–2022. The discretionary LLP (DLLP) is used to examine various managerial incentives and accounting quality. The models are estimated using panel fixed-effect regression and the system generalized method of moments. The results survive several sensitivity checks. The results exhibit a low quality of financial reporting in public-sector banks, which is evident through the higher use of DLLP for income smoothing and signaling. In contrast, the low-capitalized private-sector banks employ DLLP to manage capital. MAYANK GUPTA The article is available at: https://lnkd.in/ekQ9eZSP

Determining the optimal level of automation for cash flow forecasts The aim of this paper is to develop an approach for identifying the optimal level of automation by maximizing the level of automation and accuracy while addressing problem areas of forecast quality. Building on a unique set of forecasts planned by six subsidiaries of a multinational corporation to train and test various models, the empirical analysis aims to compare the accuracy of three levels of automation and how they address prevalent forecasting process quality problem areas. The findings indicate that accuracy alone is not a sufficient dimension to consider when selecting the optimal level of automation but that forecast process quality areas need to be assessed as well. Lorenz Rossmann Andreas Wald Prof. Dr. Ronald Gleich The article is available at: https://lnkd.in/dRH9CJmR

Tax planning and earnings management: their impact on earnings persistence The study investigates the impact of tax planning, both independently and in conjunction with earnings management, on the persistence of earnings and its various components. The study finds that firms implementing aggressive tax strategies exhibit lower persistence in cash flows from operations and earnings. Furthermore, companies using both aggressive tax planning and earnings management techniques show the lowest persistence in total accruals, cash flows from operations and reported earnings. Therefore, the analysis identifies key factors influencing the interpretation of financial statements, offering valuable insights for regulators, auditors, tax authorities, financial analysts and other users with significant practical and social implications. Yong Qiang Chen Flora Niu tao zeng The article is available at the following link: https://lnkd.in/d3_ZhZNB

Does integrated reporting offer firms more legitimacy? The study analyses the impact of integrating reporting (IR) on three earnings management tools, namely classification shifting (CS), real-based earnings management (REM) and accrual-based earnings management (AEM) under the Indian institutional settings. The empirical results exhibit that IR-adopting firms are engaged in earnings management. Further, we find that IR-adopting firms have reduced their engagement in AEM and REM, however, their CS practices have been increased, indicating the substitution relationship between earnings management tools after the adoption of IR. Prof. Manish Bansal The article is available at the following link: https://lnkd.in/dHUHdTNb