Accounting Insight - October/December 2009

The image of accountants: from bean counters to extreme accountantsThe role of the accountant is traditionally characterised by objectivity, emotional detachment, soberness and attention to fine detail. Accordingly, the stereotypical image of accounting as boring and accountants as uninteresting and dull seems to have become commonly held. Read More

Islamic financial product innovationThe Islamic finance industry is a relatively new entrant to the world of finance because its operating principles differ from the conventional finance xmodes of operation
traditionally practiced in the West. Read More

Embedding corporate responsibility and sustainability – everybody’s business The world is changing dramatically. The current financial and economic crises are accelerating the shift of commercial and political power eastwards. The sustainability crisis exemplified by rapid climate change, water shortages, loss of bio-diversity, resource depletion and pollution is intensifying. Read More

The institutional pillars of management accounting functionAccountants, researchers and consultants have sought to develop different kinds of advanced management accounting innovations and systems, i.e. those that could cope with the needs of today’s business managers in an increasingly turbulent, global and
technology-driven world. Read More

From risk management to citizenship corporate social responsibility: analysis of strategic drivers of change In the current climate of heightened scrutiny of corporate behavior (Basu and Palazzo,
2008; Waddock, 2000) and increasing demand for corporate social responsibility (CSR) programs by consumers and investors, there is greater need for conceptual robustness in order to move CSR beyond the purely normative perspective and towards a more strategic understanding of social and environmental issue management (Basu and Palazzo, 2008. Read More

Sell-offs, internal capital markets, and long run performance: Canadian evidence

Throughout the 1990s, selling off large corporate subsidiaries as a form of business
restructuring became increasingly common among both North American and
European corporations. Read More