Call for papers

Citation

(2011), "Call for papers", Journal of Accounting in Emerging Economies, Vol. 1 No. 2. https://doi.org/10.1108/jaee.2011.50901baa.001

Call for papers

Call for papers

Article Type: Call for papers From: Journal of Accounting in Emerging Economies, Volume 1, Issue 2.

Launching in 2011, JAEE is the only journal to focus specifically on accounting research in emerging economies. A sister publication to the Research in Accounting in Emerging Economies (RAEE) book series, JAEE responds to the significant growth in interest in this area amongst researchers and practitioners. JAEE will publish empirical peer-reviewed papers addressing the specific problems of accounting in emerging economies. Using a variety of methodological and theoretical approaches, these papers will disseminate the latest findings, facilitate further research and discussion in this field and advance overall understanding of accounting and economic development.

JAEE will focus on:

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  Accounting problems and issues in emerging economies

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  Accounting research and progress in emerging economies

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  Accounting and economic development.

Key research areas covered in the journal

Education, training, and the role of professional accounting bodies; Financial reporting and accounting standards; Auditing; Corporate governance; Management accounting issues; The impact of structural adjustment programmes and international financial agencies on accounting practices; Accounting, regulation, and privatization; Accounting and accountability issues in the public sector, NGOs, multinational corporations; Accounting practices in family businesses; The impact of culture, ethnicity and history on accounting; The role of accounting in socio-economic development and poverty reduction; Theoretical approaches to accounting.

Submission guidelines and further information

The Editors now invite contributions for potential publication in future volumes of this journal. JAEE will show-case empirical research papers which are based on diverse methodological and theoretical approaches and highlight the policy and practical implications of the research. Reviews of current debates will also be considered for inclusion. Each paper is reviewed by the Editors and, if judged suitable for publication, sent to two referees for double blind peer review. Based on their recommendations, the Editors decide whether the paper should be accepted as it is, revised or rejected. Papers should be between 3,000 and 6,000 words in length. For author submission guidelines, full editorial team details, and where to send papers see: www.emeraldinsight.com/jaee.htm

Please send submissions to the Editors:

Professor Mathew Tsamenyi, University of Birmingham, UKE-mail: m.tsamenyi@bham.ac.uk

or

Dr Shahzad Uddin, University of Essex, UKE-mail: snuddin@essex.ac.uk

The interesting feature of the first issue, which comprises of four peer-reviewed papers, is that it draws on papers from four different geographic regions – Africa, Middle East, Eastern Europe and Latin America. The four papers adopt a range of methodologies and cover issues that have implications beyond the specific countries or regions that they are from.

The paper by Al-Yaseen and Al-Khadash examines the risk-relevance of fair value income measures under IAS 39 and IAS 40 using a sample of Jordanian insurance companies. The authors argue that the majority of prior studies on the value relevance of fair value accounting were conducted from Western countries and tended to be focused on the banking sector. As a result, the Jordanian and insurance companies' contexts are very interesting. Based on the analysis of risk-related information content of each income volatility measure examined, Al-Yaseen and Al-Khadash conclude that the volatility of income significantly varies with different measures of income. Researchers and capital-markets participants, who are interested in explaining accounting and market risk measures will find the findings reported in this paper particularly useful.

Drawing on data from a sample of Egyptian listed companies, the study by Hassan et al. examines the association between corporate voluntary disclosure and systematic risk. From their analysis, the authors observe a negative relationship between voluntary disclosure level and beta, and this they argue is consistent with predictions of a differential information model and theories about the economic consequences of increased disclosure. Hassan et al. suggest that more voluntary information disclosure about listed companies is preferred to less voluntary information disclosure. The reason for this they suggest is to reduce the perceived riskiness of a company. Overall, the study of Hassan et al. contributes to our understanding of the voluntary disclosure practices of listed companies in an emerging economy context.

The paper by Wanderley et al. examines the role of regulatory accounting in the Brazilian electricity industry. The paper focuses on explaining how regulatory accounting was developed within the electricity sector and how this was used by the regulator in monitoring the performance of the electricity companies and also to set tariffs. Drawing on published information from the regulator, the electricity distribution companies and other government agencies, the authors argue that regulatory accounting played different roles under the different electricity sector reforms implemented in Brazil. During the first reform, regulatory accounting was minimally used mainly because the authorities were unprepared for the privatisation, and were also preoccupied with finding technical solutions to the electricity crisis that Brazil was experiencing at the time. It was only during the second reform that a systematic regulatory accounting system was developed and used by the regulator to set tariffs and monitor the performance of the electricity companies. Overall, the paper makes a significant contribution to our understanding of the interconnection between the development of regulatory accounting and contextual factors.

Finally, the paper by Albu et al. provides an in-depth analysis of International Accounting Standard/International Financial Reporting Standard (IAS/IFRS) implementation in Romania. The analysis is based on both primary and secondary sources of data, and in particular in-depth interviews with various actors. Drawing on institutional and structuration theories, the authors analyse the inter-play between institutions, routines and politics in the Romanian context. The theoretical approach adopted enabled the authors to highlight the complexity of accounting change. By examining the two stages of IAS/IFRS implementation in Romania, the authors conclude that these stages have different outcomes. The first stage was a result of coercive external forces, mainly the influence of the World Bank. Albu et al. argue that the actual implementation of IASs during this period was very limited due to the lack of other change drivers. The second stage on the other hand was accompanied by a change process. This was attributed to more proactive forces that promoted change including Romania's entry into the EU and its economic development, which led to an increase in foreign investment on the Bucharest Stock Exchange. As a result, Albu et al. conclude that users started to require better accounting information, auditors started to demand more information and preparers became better qualified. Overall, this paper contributes to our understanding of IFRS adoption in an emerging economy context.

We believe the four articles summarised above advance our understanding of some of the theoretical and practical issues of accounting development in emerging economies. This first issue and the journal as a whole would not have been possible without the support of the members of the Editorial Advisory Board and the various ad hoc reviewers. We wish to thank them for their dedicated services. We also wish to thank the contributors of the papers in the issue. Finally, we wish to acknowledge the support of the Emerald Editorial Office and, in particular, Zoe Sanders for their assistance in launching the journal.

We hope that the papers published in JAEE will stimulate debates on accounting issues in emerging economies and that the journal will grow to become the premier accounting journal on emerging economies.

Defining emerging economies is difficult. Nevertheless, emerging economies are conventionally characterised by low rates of per capita income, capital formation and value added. Our definition of emerging economies is not only determined by economic figures, but also includes quality of life, governance, transparency and citizen empowerment. Thus, JAEE's geographical coverage includes all countries within the World Bank's lower- to upper middle-income bands (see the World Bank website) as well as some upper-income countries including Middle East, ex-communist countries in Europe and ASEAN countries. These upper-income countries bear similarities with emerging economies in terms of governance, transparency and development of accounting regulations and institutions.

Mathew Tsamenyi and Shahzad Uddin