Corporate Governance as A Moderator Between Strategic Management Accounting and Firm Performance: Empirical Evidence

This study aims to shed light on the moderating role of corporate governance in the link between the strategic management accounting and firm performance, which suffers from paucity in prior works. The study sample consists of 139 Out of 185 Saudi public companies from twenty sectors listed in Saudi Stock Exchange by the end of 2017. The data used in this study was collected from Tadawul database for the period of 2013 to 2016 and from a mailed questionnaire survey. The study found that corporate governance index was 74.3% for listed companies in Saudi Stock Exchange. The results of the study indicate that corporate governance plays a moderating role in the link between strategic management accounting and firm performance. The adoption of strategic management accounting in company will improve corporate governance practices which in turn lead to enhance company performance. The theoretical and practical contributions of the study and recommendations for company managers are identified. Keywords: Corporate governance, Strategic management accounting, Firm performance, Saudi stock exchange.

Strategic Management Accounting and Performance Measurement Systems: A Loose Coupling?

This study aims to clarify the association between strategic management accounting (SMA) and performance measurement system (PMS) based on configurational and contingency theories assumptions. For that, data were collected from 98 higher-level accounting managers working in Saudi companies listed at the Saudi Exchange's Main Market at the end of 2022. The results show that there is a positive and significant correlation between SMA and PMS, and there is a statistically significant positive effect of the level of practicing SMA on PMS adopted by surveyed companies. This means that the company that is practicing SMA in higher level tends to adopt a non-traditional PMS. The results also show that there is a statistically significant difference between surveyed companies in the level of performance due to the linkage between their PMS and SMA practices. Appropriate linkage between SMA and PMS leads for better performance. However, the present study supports the idea that SMA can be a contextual factor affecting the type of PMS adopted by companies. Keywords:Strategic management accounting, performance measurement systems, contextual factor, Saudi Exchange's Main Market. DOI: 10.7176/RJFA/14-10-06 Publication date:May 31st 202

Management Accounting Change in the Saudi Public Health Sector: A Neo-Institutional Perspective

This research has investigated and analysed why and how Management Accounting (MA) has contributed, at the institutional level, to improving Health Care Quality (HCQ) within the Saudi Arabian Public Health Sector (SAPHS). Analysing these developments as a form of change consistent with the dynamics found in the emergence of New Public Management (NPM), this study draws on Neo-Institutional Sociology (NIS). The research studies how MA change operated across institutional contexts within an NPM-based approach to improving health care and public health in the Kingdom of Saudi Arabia (KSA). It focuses on how, in this context, the roles and practices of MA have been defined, designed and implemented to promote ‘quality outcomes’ in health care. Methodologically this has involved two extensive case studies of MA change in two carefully selected hospitals, including semi-structured interviews with accountants, management, consultants and clinicians along with the collection and analysis of key documentary information used in managing the human and financial resources within the hospitals. The findings show how and how far new management accounting practices (MAPs) have promoted the ability and ‘right’ of management to coordinate control and monitor the human and financial resources, but in a way that specifies HCQ outcomes for patients, thus meeting both economic and social/political objectives. It is argued that MAPs had significant success because the allocation of budgetary resources by the Ministry of Health (MOH) was based on hitting non-financial quality and productivity targets. In both hospitals MAPs came to operate within a ‘non-accounting budgetary style’ (Hopwood, 1973) de-emphasising cost control, and managers and staff focussed just on effectiveness and efficiency measures. However, this initiative can also be seen as a response to significant institutional pressures and concerns at both government and professional levels, responding to ‘public voice’ concerns over HCQ. The response drew on world-leading medical research and practitioners to introduce best-practice HCQ solutions allied to internationally accredited quality standards into the KSA hospital sector. The study found that coercive, mimetic and normative isomorphism all contributed to the successful implementation of the HCQ agenda, and the new MAPs here contributed to strengthening the internal and external legitimacy of certain key KSA institutions. There was some institutionally significant resistance from clinicians who saw these MAPs as compromising their professionally-defined focus on quality outcomes for patients. But over time, the mix of ‘soft’ quality and ‘hard’ MA derived targets was increasingly accepted and internalised as integral to delivering HCQ

Analisis Penerapan Biaya Kegagalan Internal dan Biaya Kegagalan Ekternal dalam Meningkatkan Kinerja Keuangan (Studi Kasus di Perusahaan Keramik yang terdaftar di Bursa Efek Indonesia)

This study aims to find out how the application of internal failure cost and external failure cost can improve the financial performance of the company (ROI). The object of the research are the manufacture companies which is listed on Indonesian Stock Exchange (BEI) with observation period of 2012 until 2016. The data on this study based on annual financial statements obtained through the site www.idx.co.id. The Data Technique Collection used the documentation technique, it was collecting secondary data of manufacturing companies listed on the Indonesia Stock Exchange. The result show that the application of internal failure costs and external failure costs can improve the company’s financial performance (ROI)

Optimized Load Balancing based Task Scheduling in Cloud Environment

The fundamental issue of Task scheduling is one important factor to load balance between the virtual machines in a Cloud Computing network. However, the optimal broadcast methods which have been proposed so far focus only on cluster or grid environment. In this paper, task scheduling strategy based on load balancing Quantum Particles Swarm algorithm (BLQPSO) was proposed. The fitness function based minimizing the makespan and data transmission cost. In addition, the salient feature of this algorithm is to optimize node available throughput dynamically using MatLab10A software. Furthermore, the performance of proposed algorithm had been compared with existing PSO and shows their effectiveness in balancing the load

Mapping the impact of consumer online service experience on online impulse buying behaviour

Managers of e-commerce platforms and online retail stores have noticed a connection between the consumer online service experience (COSE) and the inclination to engage in online impulse buying behaviour (OIBB). Previous research has shown that COSE can influence OIBB, but the specific relationships between the emotional and utilitarian dimensions require further investigation. This study aims to fill this gap by examining how attitudinal loyalty serves as a mediator between COSE and OIBB. A survey-based quantitative methodology was employed to gather data on the attitudes and behaviours of 1,504 online shoppers. The collected data were analysed using structural equation modeling, revealing a positive relationship between the examined COSE factors and OIBB, with attitudinal loyalty acting as a mediator. Although the regional biases and cross-sectional nature of the study are limitations, the results are generally applicable. However, future research utilizing a longitudinal approach and a broader geographic sample would provide valuable insights.</p

Assessment of Thermophysical Performance of Ester-Based Nanofluids for Enhanced Insulation Cooling in Transformers

Nanotechnology provides an effective way to upgrade the thermo physical characteris- 12 tics of dielectric oils and creates optimal transformer design. The properties of insulation materials 13 have a significant effect on the optimal transformer design. Ester based nanofluids (NF) are intro- 14 duced as an energy-efficient alternative to conventional mineral oils, and prepared by dispersing 15 nanoparticles in the base oil. This study presents the effect of nanoparticles on the thermo-physical 16 properties of pure natural ester (NE) and synthetic ester (SE) oils with temperature varied from 17 ambient up to 80 oC. A range of concentrations of Graphene oxide (GO) and TiO2 nanoparticles 18 were used in the study to upgrade the thermo physical properties of ester based oils. The experi- 19 ment for thermal conductivity and viscosity were performed using a TC-4 apparatus that follows 20 Debby’s concept, and redwood viscometer apparatus that follows the ASTM- D445 experimental 21 standard respectively. The experimental results show that nanoparticles have a positive effect on 22 thermal conductivity and viscosity of oils, while they reduce with increase in temperaturepublishedVersio

Influence of Area and Volume Effect on Dielectric Behaviour of the Mineral Oil-Based Nanofluids

Transformer oil is conventionally used as an insulating liquid for the purpose of insulation and cooling in power transformers. The rise in the power demand has put stress on the existing insulation system used for power transmission. Nanotechnology provides an advanced approach to upgrade the conventional insulation system by producing nano-oil with enhanced dielectric characteristics. The aim of the study is to present the influence of area volume effect on the dielectric performance of mineral oil and its nanofluids. In this paper, nanofluids are prepared by dispersing two different concentrations of SiO2 nanoparticles in base transformer oil using a two-step method. The effect of area and volume is investigated on nanofluids in the laboratory using coaxial electrode configurations under different test conditions. The AC breakdown voltage and maximum electric stress is determined for the pure oil and nanofluids. The results show that the addition of SiO2 nanoparticles significantly improves the dielectric characteristics of transformer oil. Moreover, the breakdown phenomenon is also discussed to analyze the effect of nanoparticle, stressed area, and stressed volume on the dielectric strength of insulating oil. Nanofluids could be an alternative to mineral oil.publishedVersio