Papers by Dr-Sajead Mowafaq ALShdaifat
International review of public administration, Jul 10, 2024
Corporate governance, Jul 12, 2024
Lecture notes in networks and systems, 2024
Lecture notes in networks and systems, 2024
AJAR (Asian Journal of Accounting Research), Jul 1, 2024
Abstract Purpose Employee participation in budgeting enhances motivation and commitment, leading ... more Abstract Purpose Employee participation in budgeting enhances motivation and commitment, leading to better performance by enhancing ownership. Within Iraqi higher education institutions (HEIs), the current investigation delves into the influence of participative budgeting on managerial performance. Drawing upon goal-setting theory, this study discerns budget goal commitment as a mediating variable while also examining directive leadership as a moderator in the dynamics of this association. Design/methodology/approach The current study used partial least squares structural equation modelling (PLS-SEM) using SmartPLS 4.0. 373 questionnaires were collected from managers in Iraqi public universities, with 58.37% responding. Findings The findings show that budget goal commitment partially mediates the connection between budget participation and managerial performance. Furthermore, the results showed that directive leadership increases the positive associations between budget goal commitment and managerial performance. Originality/value This study expands the existing literature by shedding light on the mediating role of budget goal commitment and the moderating influence of directive leadership. It also enriches the discourse in management accounting by providing a more elucidation of how employee involvement in the budgeting process enhances managerial performance
This article probes into how Environmental, Social, and Governance (ESG) reporting influences cor... more This article probes into how Environmental, Social, and Governance (ESG) reporting influences corporate sustainability performance. It highlights both the advantages and challenges associated with ESG reporting, emphasizing its impact not only on financial and market value but also on environmental, societal, and governance aspects. ESG reporting offers benefits such as fostering transparency, and accountability and contributing to societal development, stakeholder engagement, and ethical business practices. However, a key challenge lies in the absence of standardized reporting frameworks, besides the reliability and transparency of ESG reporting. This paper helps organizations increase their ESG reporting efforts and develop contingency plans, supports policymakers and regulators in establishing ESG reporting standards, and emphasizes the importance of incorporating ESG into investment strategies. Future research in the field of ESG reporting should focus on several areas. Firstly, exploring the effectiveness of different reporting frameworks and standards across countries and industries is crucial. Secondly, investigating the role of technological advancements like AI and blockchain in enhancing ESG data accuracy and transparency. Lastly, studying the challenges faced by smaller or emerging businesses in implementing ESG reporting practices.
A review of relevant academic studies has yielded a range of insights on integrated reporting. Th... more A review of relevant academic studies has yielded a range of insights on integrated reporting. This review aims to provide a comprehensive view of the strengths and weaknesses of integrated reporting. This paper notes that the strengths of integrated reporting are its benefits to improve transparency, reduced information asymmetry, enhanced decision-making processes, increased value relevance of information, and strengthened stakeholder accountability. While, the weaknesses and challenges are a lack of guidance in the IR framework, comparability, additional costs anticipated, complexity, and involvement of accountants. The literature on integrated reporting is extensive and varied. However, there is a lack of comprehensive understanding of the strengths and weaknesses of integrated reports. This study provided policymakers with a comprehensive understanding of integrated reports. This study is expected to have an impact on future policies, which will help to improve integrated reporting.
This study explores the potential value of fintech and digital transformation to drive sustainabi... more This study explores the potential value of fintech and digital transformation to drive sustainability forward using a literature review method. It reveals fintech and digital transformation contribute to financial innovations, green financing, sustainable investments, smart contracts for sustainable agreements, reduction of carbon footprint, consumers’ values and behavior, and digitalization for operational efficiency. However, integrating fintech and digital transformation into business introduces several obstacles, including cybersecurity risks, data privacy compliance, regulatory and legal frameworks, costly adaptation, the need for reskilling the workforce, and concerns related to algorithmic bias. Fintech and digital transformation are a new era as a subject of knowledge, with many characteristics that require further investigation. The current study provides a foundation for future research into this significant topic. It is suggested that future research can undertake an empirical study to comprehend a better understanding of fintech and digital transformation impact. Future studies can also improve knowledge by investigating the relationship between fintech and digital transformation and accounting, finance, and management fields.
International journal of academic research in business & social sciences, Feb 3, 2024
ADVANCED INTERNATIONAL JOURNAL OF BUSINESS, ENTREPRENEURSHIP AND SME's, Dec 25, 2023
This work is licensed under CC BY 4.0 In an era when organisations are under more significant pre... more This work is licensed under CC BY 4.0 In an era when organisations are under more significant pressure to balance operational effectiveness with ethical and environmental obligations, it is critical to comprehend the impact of environmental, social and governance (ESG) on corporate governance (CG). This review aims to synthesize the current body of literature, distinguishing significant themes, trends, and gaps to present a structured synthesis of this field. This research utilised the PRISMA framework. An advanced search strategy was performed using Scopus and Web of Science databases to retrieve the relevant studies and articles concerning ESG, corporate governance, and their interaction utilising the keyword (1. ESG 2. Board of Directors 3. Corporate Governance). The result unveiled the importance of ESG factors in influencing corporate strategies, policies, and the composition of boards as governing bodies. The final data findings consist of thirty papers identified through this review. The expected validation is comprised of the following three themes: (1) The significance of CG integration with ESG, (2) Framework for Research on ESG and CG, and (3) New research area on CG and ESG. The results highlight the necessity of incorporating CG on ESG principles as a foundation for a firm's sustainability and stakeholder trust. Furthermore, this assessment serves to identify gaps in knowledge, providing valuable insights for future research and policy implications.
International journal of academic research in business & social sciences, Dec 17, 2023
Environmental, Social and Governance (ESG) is one of the vital concerns in the current corporate ... more Environmental, Social and Governance (ESG) is one of the vital concerns in the current corporate environment. Firms must be transparent on ESG issues to create sustainable value and fulfill stakeholders' rights. Since the late 2000s, many countries, including ASEAN countries, have mandated ESG disclosure to increase transparency. This study aims to examine the effect of ESG disclosure on firm performance measured by profitability indicators among Malaysian public listed firms with the data collected from 2017 after the revision of the Malaysian corporate governance code from 'comply and explain' to 'apply and explain' until 2021. The data was gathered from the Thomson Reuters Eikon Database, which consists of ESG scores and firm profitability through ROA and ROE. Using OLS regression method, the results indicate that ESG disclosure positively and significantly affects ROA and ROE. While, the results of each individual pillar of ESG (environmental, social and governance) revealed that only ROA was strongly impacted by all the pillars, whereas ROE was only affected by the social pillar. Further analysis revealed firms with higher ESG disclosure perform superior to those with lower ESG disclosure. This study helps to enrich the knowledge of ESG disclosure and its effect on firm performance. Particularly this study will help Malaysian firms to strategies on ESG disclosure to realise its impact on performance. Besides, capital market regulators will also have a direction to impose regulations pertinent to ESG.
This study explores the potential value of big data as new digital era in the accounting field us... more This study explores the potential value of big data as new digital era in the accounting field using a literature review method. It reveals that big data can generate new ideas, understand customer behavior, and gain a competitive edge. It also enhances the quality and relevance of accounting information, improving transparency and utility for decision-makers. Big data is also valuable in forensic accounting for fraud detection and risk assessment. However, the incorporation of big data into business operations introduces challenges such as accuracy, quality, efficiency, risk management, data security, privacy, timely analysis, and technological gaps. Big data is a new digital era as a subject of knowledge, with many characteristics that require further investigation. The current study provides a foundation for future research into this significant topic. It is suggested that, future research will undertake an empirical study to comprehend a better understanding of big data's impact. Future studies can also improve knowledge by investigating the relationship between big data and accounting, finance, and management fields.
Asian journal of Accounting , 2024
Abstract
Purpose
Employee participation in budgeting enhances motivation and commitment, leading ... more Abstract
Purpose
Employee participation in budgeting enhances motivation and commitment, leading to better performance by enhancing ownership. Within Iraqi higher education institutions (HEIs), the current investigation delves into the influence of participative budgeting on managerial performance. Drawing upon goal-setting theory, this study discerns budget goal commitment as a mediating variable while also examining directive leadership as a moderator in the dynamics of this association.
Design/methodology/approach
The current study used partial least squares structural equation modelling (PLS-SEM) using SmartPLS 4.0. 373 questionnaires were collected from managers in Iraqi public universities, with 58.37% responding.
Findings
The findings show that budget goal commitment partially mediates the connection between budget participation and managerial performance. Furthermore, the results showed that directive leadership increases the positive associations between budget goal commitment and managerial performance.
Originality/value
This study expands the existing literature by shedding light on the mediating role of budget goal commitment and the moderating influence of directive leadership. It also enriches the discourse in management accounting by providing a more elucidation of how employee involvement in the budgeting process enhances managerial performance
Springer, 2024
A review of relevant academic studies has yielded a range of insights on integrated reporting. Th... more A review of relevant academic studies has yielded a range of insights on integrated reporting. This review aims to provide a comprehensive view of the strengths and weaknesses of integrated reporting. This paper notes that the strengths of integrated reporting are its benefits to improve transparency, reduced information asymmetry, enhanced decision-making processes, increased value relevance of information, and strengthened stakeholder accountability. While, the weaknesses and challenges are a lack of guidance in the IR framework, comparability, additional costs anticipated, complexity, and involvement of accountants. The literature on integrated reporting is extensive and varied. However, there is a lack of comprehensive understanding of the strengths and weaknesses of integrated reports. This study provided policymakers with a comprehensive understanding of integrated reports. This study is expected to have an impact on future policies, which will help to improve integrated reporting.
Springer, 2024
This article probes into how Environmental, Social, and Governance (ESG) reporting influences cor... more This article probes into how Environmental, Social, and Governance (ESG) reporting influences corporate sustainability performance. It highlights both the advantages and challenges associated with ESG reporting, emphasizing its impact not only on financial and market value but also on environmental, societal, and governance aspects. ESG reporting offers benefits such as fostering transparency, and accountability and contributing to societal development, stakeholder engagement, and ethical business practices. However, a key challenge lies in the absence of standardized reporting frameworks, besides the reliability and transparency of ESG reporting. This paper helps organizations increase their ESG reporting efforts and develop contingency plans, supports policymakers and regulators in establishing ESG reporting standards, and emphasizes the importance of incorporating ESG into investment strategies. Future research in the field of ESG reporting should focus on several areas. Firstly, exploring the effectiveness of different reporting frameworks and standards across countries and industries is crucial. Secondly, investigating the role of technological advancements like AI and blockchain in enhancing ESG data accuracy and transparency. Lastly, studying the challenges faced by smaller or emerging businesses in implementing ESG reporting practices.
Springer, 2024
This study explores the potential value of fintech and digital transformation to drive sustainabi... more This study explores the potential value of fintech and digital transformation to drive sustainability forward using a literature review method. It reveals fintech and digital transformation contribute to financial innovations, green financing, sustainable investments, smart contracts for sustainable agreements, reduction of carbon footprint, consumers’ values and behavior, and digitalization for operational efficiency. However, integrating fintech and digital transformation into business introduces several obstacles, including cybersecurity risks, data privacy compliance, regulatory and legal frameworks, costly adaptation, the need for reskilling the workforce, and concerns related to algorithmic bias. Fintech and digital transformation are a new era as a subject of knowledge, with many characteristics that require further investigation. The current study provides a foundation for future research into this significant topic. It is suggested that future research can undertake an empirical study to comprehend a better understanding of fintech and digital transformation impact. Future studies can also improve knowledge by investigating the relationship between fintech and digital transformation and accounting, finance, and management fields.
Springer, 2024
This study explores the potential value of big data as new digital era in the accounting field us... more This study explores the potential value of big data as new digital era in the accounting field using a literature review method. It reveals that big data can generate new ideas, understand customer behavior, and gain a competitive edge. It also enhances the quality and relevance of accounting information, improving transparency and utility for decision-makers. Big data is also valuable in forensic accounting for fraud detection and risk assessment. However, the incorporation of big data into business operations introduces challenges such as accuracy, quality, efficiency, risk management, data security, privacy, timely analysis, and technological gaps. Big data is a new digital era as a subject of knowledge, with many characteristics that require further investigation. The current study provides a foundation for future research into this significant topic. It is suggested that, future research will undertake an empirical study to comprehend a better understanding of big data's impact. Future studies can also improve knowledge by investigating the relationship between big data and accounting, finance, and management fields.
International Journal of Academic Research in Business and Social Sciences, 2024
This review aims to present a comprehensive review of ISA 701 and relevant research on the disclo... more This review aims to present a comprehensive review of ISA 701 and relevant research on the disclosure of Key Audit Matters (KAM) in extended audit reports. This article is organized into five main streams: (1) Identification of Key Audit Matters; (2) Communication of ISA 701 regarding KAM; (3) The Informative Value of KAM; (4) Types of disclosed KAM; and (5) Opportunities and challenges related to KAM disclosure. The paper highlights the importance of KAM, emphasizing its benefits in enhancing transparency, reducing information asymmetry, improving decision-making processes, increasing the value relevance of information, and reinforcing stakeholder accountability. Conversely, it acknowledges the weaknesses and challenges associated with inconsistent disclosure of KAM, which may jeopardize users' investment decisions and potentially threaten financial statement users. This situation could result in heightened audit time, costs, and potential legal liabilities to auditors. The study contributes to the existing literature by summarizing and analyzing prior research findings. It offers insights into how the disclosure of Key Audit Matters (KAM) can impact audit quality, financial reporting, and the decision-making process for various stakeholders.
Advanced International Journal of Business Entrepreneurship and SMEs, 2023
In an era when organisations are under more significant pressure to balance operational effective... more In an era when organisations are under more significant pressure to balance operational effectiveness with ethical and environmental obligations, it is critical to comprehend the impact of environmental, social and governance (ESG) on corporate governance (CG). This review aims to synthesize the current body of literature, distinguishing significant themes, trends, and gaps to present a structured synthesis of this field. This research utilised the PRISMA framework. An advanced search strategy was performed using Scopus and Web of Science databases to retrieve the relevant studies and articles concerning ESG, corporate governance, and their interaction utilising the keyword (1. ESG 2. Board of Directors 3. Corporate Governance). The result unveiled the importance of ESG factors in influencing corporate strategies, policies, and the composition of boards as governing bodies. The final data findings consist of thirty papers identified through this review. The expected validation is comprised of the following three themes: (1) The significance of CG integration with ESG, (2) Framework for Research on ESG and CG, and (3) New research area on CG and ESG. The results highlight the necessity of incorporating CG on ESG principles as a foundation for a firm's sustainability and stakeholder trust. Furthermore, this assessment serves to identify gaps in knowledge, providing valuable insights for future research and policy implications.
International Journal of Academic Research in Business and Social Sciences, 2023
Environmental, Social and Governance (ESG) is one of the vital concerns in the current corporate ... more Environmental, Social and Governance (ESG) is one of the vital concerns in the current corporate environment. Firms must be transparent on ESG issues to create sustainable value and fulfill stakeholders' rights. Since the late 2000s, many countries, including ASEAN countries, have mandated ESG disclosure to increase transparency. This study aims to examine the effect of ESG disclosure on firm performance measured by profitability indicators among Malaysian public listed firms with the data collected from 2017 after the revision of the Malaysian corporate governance code from 'comply and explain' to 'apply and explain' until 2021. The data was gathered from the Thomson Reuters Eikon Database, which consists of ESG scores and firm profitability through ROA and ROE. Using OLS regression method, the results indicate that ESG disclosure positively and significantly affects ROA and ROE. While, the results of each individual pillar of ESG (environmental, social and governance) revealed that only ROA was strongly impacted by all the pillars, whereas ROE was only affected by the social pillar. Further analysis revealed firms with higher ESG disclosure perform superior to those with lower ESG disclosure. This study helps to enrich the knowledge of ESG disclosure and its effect on firm performance. Particularly, this study will help Malaysian firms to strategies on ESG disclosure to realise its impact on performance. Besides, capital market regulators will also have a direction to impose regulations pertinent to ESG.
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Papers by Dr-Sajead Mowafaq ALShdaifat
Purpose
Employee participation in budgeting enhances motivation and commitment, leading to better performance by enhancing ownership. Within Iraqi higher education institutions (HEIs), the current investigation delves into the influence of participative budgeting on managerial performance. Drawing upon goal-setting theory, this study discerns budget goal commitment as a mediating variable while also examining directive leadership as a moderator in the dynamics of this association.
Design/methodology/approach
The current study used partial least squares structural equation modelling (PLS-SEM) using SmartPLS 4.0. 373 questionnaires were collected from managers in Iraqi public universities, with 58.37% responding.
Findings
The findings show that budget goal commitment partially mediates the connection between budget participation and managerial performance. Furthermore, the results showed that directive leadership increases the positive associations between budget goal commitment and managerial performance.
Originality/value
This study expands the existing literature by shedding light on the mediating role of budget goal commitment and the moderating influence of directive leadership. It also enriches the discourse in management accounting by providing a more elucidation of how employee involvement in the budgeting process enhances managerial performance
Purpose
Employee participation in budgeting enhances motivation and commitment, leading to better performance by enhancing ownership. Within Iraqi higher education institutions (HEIs), the current investigation delves into the influence of participative budgeting on managerial performance. Drawing upon goal-setting theory, this study discerns budget goal commitment as a mediating variable while also examining directive leadership as a moderator in the dynamics of this association.
Design/methodology/approach
The current study used partial least squares structural equation modelling (PLS-SEM) using SmartPLS 4.0. 373 questionnaires were collected from managers in Iraqi public universities, with 58.37% responding.
Findings
The findings show that budget goal commitment partially mediates the connection between budget participation and managerial performance. Furthermore, the results showed that directive leadership increases the positive associations between budget goal commitment and managerial performance.
Originality/value
This study expands the existing literature by shedding light on the mediating role of budget goal commitment and the moderating influence of directive leadership. It also enriches the discourse in management accounting by providing a more elucidation of how employee involvement in the budgeting process enhances managerial performance