Accounting Research: Module Handbook
Accounting Research: Module Handbook
Accounting Research: Module Handbook
Accounting Research
INSTRUCTOR’S DETAILS:
TEXT BOOK: Smith, M. (2015), Research Methods in Accounting, Third Edition, Sage
Publication, Delhi.
PURPOSE AND SCOPE: To provide participants with the necessary training to undertake
advanced level research. The final research paper provides participants
with the opportunity to conduct an in-depth investigation at an advanced
level of an issue which is applicable and relevant to business and/or
accounting.
LEARNING OUTCOMES: Upon completion of the module participants should have gained an
understanding and be aware of the nature and scope of advanced
research in social sciences. Participants should also be able to effectively
organise, structure and manage a research project at an advanced level,
including undertaking critical appraisal of relevant literature and apply
critical judgement and discrimination. Finally, participants should have
developed the ability to operate independently on a research project and
exercise appropriate judgement in the selection of material.
OUTLINE: The following table sets out the lectures to be delivered. These cover
background information on the research process, specific information on
accessing certain databases, and a series of examples of how to conduct
research in different areas relevant to business and accounting.
COURSE PLANNING:
Details Reading
Materials
Tasks:
1. Critically analyze a selected accounting paper - (Saha and Akter, 2013).
2. Find out ranking of the journal below.
At the end of this session you are supposed to be able to do or have knowledge of
followings: Critique a research paper; idea of peer reviewed and ranked journals; know
about accredited journal rankings; know about positivist, interpretive and critical approach of
research.
References:
Saha, A.K. and Akter, S. (2013), “Corporate Governance and Voluntary Disclosure Practices
of Financial and Non-Financial Sector Companies in Bangladesh”, Journal of Applied
Management Accounting Research, Vol. 11 No. 2, pp. 45–61.
At the end of this session you are supposed to be able to do or have knowledge of
followings: Preparing research proposals; plan your research; portray a Gantt chart for your
research plan; find out sources for a new idea for your next research.
References:
Clarkson, M.B.E. (1995), “A stakeholder framework for analyzing and evaluating corporate
social performance”, Academy of Management Review, Vol. 20 No. 1, pp. 92–117.
Tasks:
5. Apply theory to support your research idea presented earlier in your proposal.
6. Cite all literature available to support the theory. Use appropriate database for literature
search.
Presentation Topics: Institutional theory, Validity issues – internal and external validity.
At the end of this session you are supposed to be able to do or have knowledge on
followings: Know and use appropriate theoretical frameworks for your research; know about
good databases to find data for your study- where to find data (to know further in details
about databases, please contact the instructor for a separate module on databases); setting
hypotheses for your research in null and alternative form; set up your own research
multivariate model with a constant, variables, dependent variable, independent variables and
moderating variables.
References:
Gray, R., Kouhy, R. and Lavers, S. (1995a), “Methodological themes: Constructing a
research database of social and environmental reporting by UK companies”,
Accounting, Auditing & Accountability Journal, Vol. 8 No. 2, pp. 78–101.
Gray, R., Kouhy, R. and Lavers, S. (1995b), “Corporate social and environmental reporting: a
review of the literature and a longitudinal study of UK disclosure”, Accounting, Auditing
& Accountability Journal, Vol. 8 No. 2, pp. 47–77.
Gray, R., Owen, D. and Adams, C. (2010), “Some theories for social accounting?: a review
essay and a tentative pedagogic categorization of theorizations around social
accounting”, Sustainability, Environmental Performance and Disclosures, Emerald
Group Publishing, Bingley, Vol. 4, pp. 1–54.
Rankin, M., Windsor, C. and Wahyuni, D. (2011), “An investigation of voluntary corporate
greenhouse gas emissions reporting in a market governance system: Australian
evidence”, Accounting, Auditing & Accountability Journal, Vol. 24 No. 8, pp. 1037–1070.
Tasks:
7. Choose appropriate research method for earlier proposed research.
8. Collect data for the same research.
At the end of this session you are supposed to be able to do or have knowledge on
followings: Data management; qualitative data collection tools, dealing with outliers- data
trimming and data winsorising; identify situations when you can use numeric data, interview
and case study for your research; get familiar with statistical software you may consider to
use for your data analysis; types of data scales available.
References:
Hasseldine, J., Salama, A. and Toms, J.S. (2005), “Quantity versus quality: the impact of
environmental disclosures on the reputations of UK Plcs”, The British Accounting
Review, Vol. 37 No. 2, pp. 231–248.
Tasks:
9. Analyse your data collected earlier for the proposed research.
10. Present the descriptive and inferential statistics for your research.
At the end of this session you are supposed to be able to do or have knowledge on
followings: do univariate, bivariate and multivariate analysis on your quantitative data for
your research; know which test is good for your type of data; test for suitability of your data
for multivariate regression analysis; advanced regression tools available; problems of
missing data, data corruption and entry errors.
References:
Toms, J.S. (2002), “Firm resources, quality signals and the determinants of corporate
environmental reputation: Some UK evidence”, British Accounting Review, Vol. 34 No.
3, pp. 257–282.
At the end of this session you are supposed to be able to do or have knowledge on
followings: quantify your qualitative data for statistical testing; software that can be used for
qualitative research (to know further in details about Nvivo, please contact the instructor for a
separate module specially designed on Nvivo); use indices to do volumetric or qualitative
measure for quantifying your qualitative data; test for reliability of your coding.
References:
Alotaibi, K. and Hussainey, K. (2016), “Quantity Versus Quality : the Value Relevance of Csr
Disclosure of Saudi Companies”, Corporate Ownership and Control Journal, Vol. 13 No.
2, pp. 167–179.
Beck, A.C., Campbell, D. and Shrives, P.J. (2010), “Content analysis in environmental
reporting research: enrichment and rehearsal of the method in a British – German
context”, British Accounting Review, Elsevier Ltd, Vol. 42, pp. 207–222.
Weber, R.P. (1988), Basic Content Analysis, edited by Sullivan, J.L. and Niemi, R.G.Sage
University Paper Series on Quantitative Applications in the Social Sciences, Sage
Publication, Inc., London.
Task:
(Parker et al.,
13. Submit your paper to an ABS or ABDC ranked journal for academic publication. 1998; Parker,
2012)
At the end of this session you are supposed to be able to do or have knowledge on
followings: Why? Where? What? And How to publish?
References:
Ladik, D.M., Stewart, D.W. and Mick, G. (2008), “The contribution continuum”, pp. 157–165.
Parker, L., Guthrie, J. and Gray, R. (1998), “Accounting and management research:
passwords from the gatekeepers”, Accounting, Auditing & Accountability Journal, Vol.
11 No. 4, pp. 371–406.
8.What to expect during your PhD ? (optional, for potential PhD researchers in North
America, UK and Australia)
- Getting a supervisor, what to (and not to) expect from supervisors, managing Chapter – 12
relationship with your supervisors, independent nature of research
- Examination process, how to assign an examiner, how to design your thesis, what
are musts for your thesis? How the examination goes? How to pass?
At the end of this session you are supposed to be able to do or have knowledge on
followings: manage your expectation from your supervisor, respond to the expectation of
your supervisor from you, prepare yourself for the examination process.
9.Archival Research (optional, if you are interested to know more on archival research)
- Cross section data, time series data and panel data analysis Chapter – 11
- Where to collect data from? Archival sources of data – COMUSTAT, BLOOMBERG,
WRDS, Thomson research etc, Lexis Nexis. (Salama et
- Content analysis. al., 2011)
At the end of this session you are supposed to be able to do or have knowledge on
followings: Where to collect data from? What are the types of research possible from
archival sources of data?
References:
Salama, A., Anderson, K. and Toms, J.S. (2011), “Does community and environmental
responsibility affect firm risk? Evidence from UK panel data 1994-2006”, Business
Ethics: A European Review, Vol. 20 No. 2, pp. 192–204.
Elshandidy, T., Fraser, I. and Hussainey, K. (2013), “Aggregated, voluntary, and mandatory
risk disclosure incentives: Evidence from UK FTSE all-share companies”, International
Review of Financial Analysis, Elsevier Inc., Vol. 30, pp. 320–333.
References:
Islam, M.A. and Deegan, C. (2008), “Motivations for an organisation within a developing
country to report social responsibility information Evidence from Bangladesh”,
Accounting, Auditing & Accountability Journal, Vol. Vol. 21 No. 6, pp. pp. 850–874.
References:
Gray, R., Kouhy, R. and Lavers, S. (1995b), “Corporate social and environmental reporting: a
review of the literature and a longitudinal study of UK disclosure”, Accounting, Auditing
& Accountability Journal, Vol. 8 No. 2, pp. 47–77.
Task: Chapter – 08
14. Read and find out what process Elliott et al. (2014) and Maglike et al. (2009) follow to do
their experimental research. (Ingram and
Frazier,
At the end of this session you are supposed to be able to do or have knowledge on: 1980)
how to do experimental research in accounting.
References:
Elliott, W.B., Jackson, K.E., Peecher, M.E. and White, B.J. (2014), “The unintended effect of
Corporate Social Responsibility performance on investors’ estimates of fundamental
value”, Accounting Review, Vol. 89 No. 1, pp. 275–302.
Ingram, R.W. and Frazier, K.B. (1980), “Environmental performance and corporate
disclosure”, Journal of Accounting Research, Vol. 18 No. 2, pp. 614–623.
Maglike, M.J., Mayhew, B.W. and Pike, J.E. (2009), “Are independent audit committee
members objective? Experiment evidence”, Accounting Review, Vol. 84 No. 6, pp.
1859–1981.
SESSIONS:
Sessions provide a structured programme of work designed to reinforce knowledge and encourage
independent study. The tasks for these sessions are given in this handbook. All participants are expected
to respond to all tasks required for each session and be prepared to enter into discussion and
presentation of the issues. The member of staff in charge of the session will take a lead, but participants
are expected to make major contributions.
PARTICIPANTS’ WORKLOAD:
In addition to attending sessions and undertaking preparation for sessions and mid and final
assessments, participants are expected to undertake independent reading and learning. As a guide,
this module requires 50 hours of Student Learning Activity Time (SLAT). The SLAT hours include all
formal contact hours and the time devoted to background reading, and all preparation and reading time
associated both with the formal contact hours and the midterm and final assessments (including tasks).
You are expected of at least 3 hours of home reading for each hour of class room lecture.
1. RESEARCH PROPOSAL
The research proposal involved in this research module, is designed to offer participants the
opportunity to demonstrate their ability to identify a specific issue in business/accounting which
they potentially wish to investigate. In this research proposal you choose a topic or issue in
business/accounting, critically evaluate the current state of the literature on that issue, and
formulate a research question. This will normally involve an evaluation of the theory or the
empirical evidence with respect to the issue under investigation. This will allow you quickly to
begin substantive work on your final research. The research proposal should be of no more than
1,500 words in length.
(ii) A critical review of the relevant literature, theoretical or applied: this section will identify in
detail what conclusions, if any, are possible given the current state of the literature and will
seek to identify what are the strengths and weaknesses of that literature. This section will
conclude with an indication of the extent to which further theoretical or empirical work,
using either different techniques and/or using different data sets from those in the existing
literature, has the potential for furthering our understanding of the phenomenon chosen for
study.
The project should be typed, well presented and structured and should be typewritten, double-
spaced; Appendices should only be used when judged to be strictly necessary to the
understanding of the project. The work should include footnotes where appropriate and all
references should be included in a properly constructed reference list.
The research must be clear, well written and structured. Reference to sources of information
and the works of other authors should ensure ease of identification and a list of references
should be included. The subject should be dealt with in a competent and scholarly manner. The
candidate is expected to display critical discrimination and a sense of proportion in evaluating
evidence and the opinions of others.
Aims
To provide students with the necessary training to undertake advanced-level research;
To provide students with an advanced understanding of the relevance and importance of
alternative epistemological positions in the social sciences and the nature of both qualitative
and quantitative approaches to research;
To develop students’ understanding at an advanced level of the nature of research in the
social sciences, by examining the study skills necessary to manage and undertake a
research project;
To provide students with opportunities to be familiar with the frontier empirical and
theoretical research;
To provide students with the opportunity to conduct an in-depth investigation at an
advanced level of an issue which is applicable and relevant to the degree for which they are
registered. The positioning of the dissertation at the end of the programme is intended to
promote integration of material covered in the core and optional modules.
Content
Undertaking research: an overview of the nature of research in the social sciences;
epistemological issues; the relationships between interests, topics, questions, problems and
hypotheses; sources of information; claims and evidence; reviewing the field; qualitative
and quantitative research;
Making use of and managing library facilities, databases and other learning resources;
Planning a research project;
Methodological issues in research: issues in designing and undertaking quantitative and
qualitative research and experimental research and the relationships between these
methods;
Reviewing the literature and finding the research questions;
The dissertation and the research process;
Applications of advanced principles, concepts and methods to select a relevant topic. This
will involve presentations of empirical and theoretical research at the ‘frontiers’ of the
subject as well as reviews of selected seminal papers. Topics will reflect the research
interests of the School.
The dissertation topic, which should be one that is suitable for in-depth investigation, is
chosen by the participant.
Learning Outcomes of the Dissertation
Subject-specific Knowledge:
To have gained an understanding and be aware of the nature and scope of advanced
research in the social sciences;
To be aware of the significance of alternative epistemological positions when designing and
undertaking research;
To be aware of, and familiar with, the facilities available for conducting literature searches
and obtaining relevant data to facilitate empirical investigation;
To have a critical understanding of a relevant topic and the most appropriate techniques of
analysis.
Subject-specific Skills:
Students are requested to pay particular attention to the following points concerning the
arrangement of the dissertation:
(i) All Tables and Figures should be numbered and placed in the appropriate position in the
text, rather than at the end of chapters or dissertation. The numbering should refer to
the relevant chapter; for example, Table 3.1 would refer to Table 1 of Chapter 3. Give all
Tables and Figures a title and refer to them in the text: remember that data never speak
for themselves. Also remember to provide an explanation of the meaning of any symbol
or abbreviation used, and specify the source of information.
(ii) Logic, clarity and precision in the written text are important. It is wisest to avoid personal
pronouns, gerunds, exclamation marks, clichés, and excessive use of capital letters and
note form. Care should be taken with grammar, spelling and punctuation. For guidance
on writing style, see:
When referring to publications in the text, you can either give the date of publication in
parentheses after the name of the author, or put both the name and date in parentheses
separated by a comma. For example: "Miller (1969) showed that ..."; or "Empirical evidence
shows that … (Miller, 1969; and Modigliani, 1972)”. Further details of the publications referred
to in the text must be given in a separate list of references (see below). You may also give a
page number after the date, if appropriate. Always give the precise sources of all quotations.
Students should note that the General Regulations of the University now include the following:
"In formal examinations and all assessed work prescribed in degree, diploma and
certificate regulations, candidates should take care to acknowledge the work and
opinions of others and avoid any appearance of representing them as their own.
Unacknowledged quotation or close paraphrasing of other people's writing, amounting to
the presentation of other persons' thoughts or writings as one's own, is plagiarism and will
be penalised. In extreme cases, plagiarism may be classed as a dishonest practice under
Section IV, 2(a) (viii) of the General Regulations and may lead to expulsion. The
facilitation of plagiarism through publication may also be classed as a dishonest practice
under Section IV, 2(a) (ix) of the General Regulations and may lead to expulsion."
Details that may interrupt the flow of the text can be placed in footnotes, which should be
flagged at the appropriate point in the text by a superscript. Number the footnotes consecutively
through each chapter. Most word processing packages will provide automatic numbering. It is
preferable to use footnotes placed at the bottom of the appropriate page, than endnotes placed
at the end of each chapter.
Students should provide a list of references, arranged in alphabetical order, by author at the end
of your dissertation. These should be written in the following style.
NAME, A (Year of Publication) Title of Article, Journal, Volume No., page start-end.
Notice that the title immediately follows the year of publication and the name of the
Journal is italic.