Within the credit risk context, this paper shows how the knowledge of the network’s structure, implicit in the relationships between a bank’s customer firms, can help to understand whether, and to what extent, the difficulties of one firm can produce negative effects on the others via a contagion mechanism. The aim of the paper is to propose a new approach never implemented in the literature that is useful for bank managers and Regulatory Authorities. For this purpose, we study the network’s resilience implicit in an exclusive and unique data set that includes the cross-relationships, during five years, among the firms that are customers of an Italian commercial bank.

Introduction of convergence technologies in the digital media has made the latter acutely competitive marketspace for the corporates irrespective of industries. Active and interactive participation of the mass people in such media engagement has further fuelled this competition among the market players. Hence, customer orientation through digital media has become an important strategic approach for the corporates to establish their leadership in the respective domains. The corporates of the decorative paint sector of Bangladesh are also not an exception to this and therefore, they have no other better alternative but to ensure their strong presence in the web and social media through consistent digital marketing effort via search engine optimization using on and off page content development, search engine marketing using Google, Yahoo, Bing Ads, social media marketing using Facebook, Twitter, YouTube ads, etc. Thus, customer orientation through the said digital media may enable the decorative paint sector in Bangladesh to ensure maximum customer reach, engagement and satisfaction for their sustainability and success.

This study investigated occupational risk perceived by garments workers of Bangladesh. It seeks to focus on factors generating risk for workers. The risks are calculated based on the probability and severity level of the hazard generating factors. Random samples of 105 workers working in different sections of garments factories have been surveyed on a structured questionnaire for this research. SPSS Factor analysis reduced data to identify significant and highly correlated factors among 19 variables generating risk. Reliability was checked by Cronbach’s Alpha provided the value of 0.899. From the findings, late wage payment, non-supportive work environment, sexual harassment, cotton dust, congested work area and noise are perceived as high risk occupational hazards by the garments workers.

Purpose: Scholars have emphasised the importance of internal audit to effective decision making and improved organisational performance. Within the discourse, it has also been emphasised that the level of internal audit quality and effectiveness hinges on the contingency factors. Building on that contingency foundation, this study reviews literature on the culture based contingencies. Equally, this study flags relevant research directions towards advancing knowledge in this area. Design/methodology/approach: Based on the qualitative methodology, this study utilises systematic review approach to capture the state of knowledge and existing gaps. Findings: Building on motivation theory, this study reminds of the significant role that culture plays in organisational dynamics. This study reminds that while internal audit would aid effective decision making and extendedly organisational performance - outcomes that are contingent on internal audit quality and internal audit effectiveness, the extent to which quality and effectiveness of internal audit can be achieved would depend on the national and organisational culture features that condition internal audit practices. Research implications: This study contributes to the understanding of the role that culture plays in internal audit quality and effectiveness. Furthermore, this study contributes to body of knowledge by flagging critical directions for future research. Originality/value: Utilising the systematic review approach, this study enhances the discourse on the cultural perspective of internal audit effectiveness by capturing the state of knowledge and also drawing attention to gaps in the literature.

This study investigates the impact of IFRS adoption on value relevance of accounting information in a developing country, Sri Lanka. The study uses publicly available data in annual financial statements and Colombo Stock Exchange (CSE) reports of all listed companies in the CSE during 2008 – 2018 to estimate panel data regression models. Findings of the study indicate that price value relevance of Sri Lankan firms’ has increased and return value relevance has decreased upon adopting IFRS in 2012. It also reveals that value relevance of book value of equity has increased, value relevance of operating cash flows has not changed, and value relevance of earnings has decreased after the IFRS adoption. This resembles extant research findings on IFRS give more prominence to financial position (balance sheet items) and investors pay more attention on book value of the firm than earnings in their decision making. The study adds empirical evidence on the impact of IFRS adoption on value relevance of accounting information in a developing country contrary to almost all similar past studies provide evidence related to developed and emerging countries. Given the contextual differences in developed, emerging, and developing countries the findings of this study offer a better explanation on the influence of IFRS adoption on value relevance of accounting information in a developing market. The present study controls the impact of company size and incurring losses on value relevance of accounting information of firms as a modification to existing models reported in literature to provide much more robust evidence.