Faculty of Business, Economics and Law

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The Faculty of Business, Economics and Law is committed to conducting research that matters. Research that matters is both research of high academic quality and impact, and research of relevance and value for business, the professions, government and society. The Faculty of Business, Economics and Law, comprises The AUT Business School, The AUT Law School and The School of Economics as well as a research institute and five research centres.

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Browsing Faculty of Business, Economics and Law by Author "Ahmed, Z"

Now showing 1 - 5 of 5
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    Does Audit Committee Busyness Affect Financial Restatement? Evidence From Audit Committee Share Ownership
    (Wiley, 2024-01-29) Uddin Bhuiyan, MB; Opare, S; Ahmed, Z
    We examine the association between audit committee (AC) busyness and financial restatement and determine whether AC share ownership moderates this relationship. Using logit regression analysis, we test our hypotheses on a sample of 6408 firm-year observations from 2004 to 2015 for companies listed on the Australian Securities Exchange. The study reveals that firms with busy ACs engage more in financial restatements. We also find that AC share ownership reduces financial restatements and attenuates the association between AC busyness and financial restatement. Our results are robust to endogeneity concerns emanating from firms’ deliberate decisions to grant shares to AC members. The findings of this research have several important policy implications. For instance, shareholders can benefit from AC members’ monitoring ability by allowing for share ownership. Further, our findings suggest that principles-based corporate governance guidelines have a beneficial effect on financial reporting quality. While prior studies offer mixed evidence, our research contributes to the auditing literature by providing evidence that AC share ownership moderates the association between AC busyness and financial restatement.
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    Loan Scams and Corporate Governance Failure in the State-owned Banks of a Developing Country
    (Virtus Interpress, 2022) Ahmed, Z; Begum, S; Islam, K; Kamal, Y
    The corporate world has witnessed significant corporate governance failures during the last two decades. Although most of these collapses happened in the context of developed countries, the cases within developing counties were not negligible. Yet, there is limited research on corporate governance failures that occurred in developing countries. In this study, we attempted to unfold the underlying reasons for corporate governance failures in the banking sector in a developing country. We collected data from media reports published in local and international media about the loan scandals that happened in Bangladesh between 2008 and 2020. We analyzed over ninety-four media reports to understand the significant factors contributing to such corporate governance failures. We applied the “control fraud theory” to interpret our findings. We have found that weak regulatory framework, political influence, lack of oversight by the corporate regulatory bodies, and personal collusion of bank personnel are the major factors that lead to corporate governance failures in Bangladesh. Our results suggest stern measures to be taken by the regulatory bodies to reduce loan scams and corporate governance failures in the future.
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    Multinational transfer pricing of intangible assets and tax audit adjustments: evidence from Indonesia
    (Accounting and Finance Association of Australia and New Zealand (AFAANZ), 2015-07-06) Ahmed, Z; Habib, A; Muhammadi, AH
    Purpose – This paper examines the challenges faced by Indonesian tax auditors in auditing multinational transfer prices of intangible assets. This study then explores the suitability of mechanisms currently used by Indonesian tax auditors to ensure appropriate tax audit adjustments. Design/Methodology/Approach – We use a qualitative research method involving semi-structured and open-ended interviews with the tax auditors in Indonesia. We also include some Indonesia court decisions pertinent to the research question above. Findings – Findings indicate that Indonesian tax auditors face a number of difficulties during the audit of transfer pricing cases derived from intangible property, including a lack of transparency in taxpayers’ bookkeeping; limited taxpayer cooperation in providing data and documents; transfer pricing regulations; and problems related to organization and human resources. The study also finds that Indonesian tax auditors and tax officials handle transfer pricing cases by using a legal basis as reference and by performing a number of activities, including among others, comparable analysis. Originality/Value – The findings of this study should assist researchers and policy makers to improve the understanding of transfer pricing audit. Also, tax auditors and account representatives who do not have enough experience in auditing transfer pricing cases derived from intangible property rights would be benefited from outcomes of this study.
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    Persuasive Communications, Online Reviews and Service Performances – A Study on Hotel Industry of New Zealand
    (University of Wollongong, 2022-02-28) Ahmed, Z; Fan, X; Billah, M
    This study examines the relationship between external service quality and hotel performance in New Zealand. Utilising samples consisting of 719 customer reviews from 53 hotels operating under five large hotel chains in major New Zealand tourist cities, it explores how persuasive communication can be linked with the credibility and trustworthiness of online customer feedback and affect the performance of the hotel industry. The SERVQUAL model along with the persuasive communication theory ethos (credibility), logos (reason), and pathos (emotion) are used to measure customer perceptions of the service they receive from top hotel chains, assess the linkage between service performance and profitability, and make suggestions for future research. Customer feedback and ratings from the Trivago website were analysed using a content analysis approach to identify key factors important to customers. This study identifies eleven attributes that are essential to customers as well as to the industry in the service sector, namely, location, rooms, service, cleanliness, value for money, comfort, facilities, buildings, food, WIFI, and parking. The study suggests that there is a significant mediator effect of customer service quality on the interconnected relationship between customer loyalty and hotel performance. The finding provides important information for hotel retail chains that need to promote customer service quality as a vital practice for attracting new customers, as well as for retaining existing customers.
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    Use of Public Accountability Index (PAI) to assess the accountability practices of New Zealand Universities
    (The School of Accounting, RMIT University, 2016-07-13) Ahmed, Z; Guo, C; Kabir, H; Narayan, A; Carnegie, G
    This study explores the trends in public accountability of New Zealand universities. It applies the Public Accountability Index (PAI) developed by Coy and Dixon (2004) to eight New Zealand universities’ annual reports from years 2000 to 2012 to assess the development of public accountability in this public sector. Coy and Dixon (2004) applied the PAI to New Zealand universities for the period 1985-2000. This study extends their study to explore the changes of accountability practices in New Zealand universities over the last 12 years. It finds that the information disclosed in annual reports of universities has changed over the years in terms of format, content, and length. However, the overall public accountability disclosures have not significantly changed for the period 2000 to 2012 compared to the previous study of 1985-2000. The study concludes that the changes of accountability practices is somewhat motivated by the legislative changes.
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