Corporate governance deals with the legal and organizational structures that determine the way that a corporation is managed and how power is exercised within the corporate entity. Although corporate structures have been around for some time, there are few examples of corporations that have...

The am of this paper is to explore the literature regarding sustainability and extended reporting frameworks. We starts by defining corporate social responsibility (CSR) and sustainability and adopting view that these terms have similar meanings and are often used interchangeably to mean the...

We explore the practices of international rating agencies and develop a framework based on the auditor independence model to understand the various rating agency methodologies. Rating agencies methodologies are classified as solicited, unsolicited or co-operative depending upon: (1) whether the...

In the 1990s, the importance of international rating agencies became more pronounced among stakeholders who were interested in screening companies based on specific financial criteria. Now with a focus on sustainability, stakeholders are interested in screening companies on both financial and...

This paper examines the response of a sample of Asian banks to the recognition of loan loss provisions before, during and after the Global Financial Crises. Drawing on empirical data from 2006 through 2009, this paper focuses on the level of loan loss provisioning undertaken by the banks, with a...

The adoption of IFRS based reporting in Australia for all reporting periods commencing 1 January 2005 onwards resulted in substantial variations to prior accepted reporting practices. One area in which change was particularly profound was in the shift to an impairment testing based regime for...

By the end of 2011, global markets continued to bear the weight of negative investor sentiment with concerns over sovereign debt, difficulties in accessing credit and glimpses of slow-downs in key quarters of the global economy. Against this backdrop, corporate earnings are under pressure and...

The objective of the study is to investigate the compliance level and disclosure quality of FRS 136 by the top 20 Shari'ah-approved companies in Bursa Malaysia as at 2010. The weighted index is employed to differentiate the quality and importance of each mandatory disclosure under FRS 136. The...