International Journal of Commerce and Finance

1-20

Authors: Godwin Oluseye Olasehinde-Williams* Khosh Ahmad Noo** Adeoti Sheriffdeen Olasunkanmi***

This paper considers the response of two dimensions of stability—government effectiveness and level of violence—to the inflow of foreign assistance into Afghanistan. Novel econometric techniques—frequency domain causality and wavelet coherence analysis—are employed in analyzing time-series data covering the period 1995-2022. Firstly, it is confirmed that a virtuous cycle exists, in which the level of government effectiveness responds to the inflow of foreign assistance, and the inflow of foreign assistance in turn responds to the level of government effectiveness. Secondly, it is found that the nature of the relationship is positive, in which higher levels of foreign assistance inflows are correlated with higher levels of government effectiveness. Thirdly, it is discovered that foreign assistance inflows take the lead in this relationship, leading to the conclusion that foreign assistance inflows raise the quality of government effectiveness in Afghanistan. Finally, the results show that foreign assistance inflows significantly predict the absence of violence in Afghanistan. In summary, the findings suggest that foreign assistance can increase stability in Afghanistan by promoting government effectiveness.

1-20

Authors: Adeniyi Alao* Richard Akingunola** Ishola Akintoye***

The main focus of this study is to create a discourse as to the extent to which corporate governance practices and audit quality are predictor variables for the audit expectation gap based on the premise that upholding external auditors’ independence factor would assist in narrowing the expectation gap in society. The theory of inspired confidence and stakeholders’ theory underpins the framework concerning the nexus among corporate governance practices, audit quality and audit expectation gap. Research has been conducted on the nexus between corporate governance practices and the audit expectation gap however, there are fewer research efforts on the mediating effect of audit quality between the two variables. Hence, this study recommended the need to develop the body of knowledge in this regard as the present review has conceptualised the incorporation of corporate governance practices and audit quality as mechanisms for narrowing the audit expectation gap in our society.

1-20

Authors: Erginbay Uğurlu*

This study investigates the World international trade of jute, abaca, coir, kenaf and sisal products which is abbreviated as JACKS in the literature. The period we cover is 2003–2022 and the technique we use is descriptive analysis. The data collected is based on Harmonized System Codes and the proxy we used as JACKS is HS 53. At first, we handle the data of aggregated textile industry then we study JACKS. The results show that JACKS in the textile industry is not high but there are many researches about these products. We find that the main JACKS’ importer and exporter is China and its import and export values are increasing in the long term with some declines in the short term.

21-56

Authors: Esra Ergün, Prof. Dr. A. Tuğba Karabulut

The purpose of this study is to explore the mediator role of artifıcial intelligence (AI) in the influence of corporate strategies and competitive strategies on company performance in finance, telecommunication and information technology (IT) sectors in Turkey. This study focuses on the mentioned sectors since they are pioneers and heavy users of digital technologies. Data was collected from 569 employees in these sectors. Frequency distribution analyses, explanatory and confirmatory factor analyses, reliability analysis, correlation analysis, structural equation modeling, and mediator variable analysis were conducted to the data. According to the findings of the research, corporate strategies and competitive strategies have significant influences on AI and company performance. It is observed that AI has a significant influence on company performance. In addition, there is a partial mediating role of AI in the influence of corporate strategies and competitive strategies on company performance.

40-67

Authors: Ansumana Saidykhan, Necdet Sensoy

Concerns about the non-profit sector's alleged lack of accountability and transparency have led to calls for the creation of accounting standards or recommended practices. This should be a framework for covering all aspects of the NPO sector, from governance and compliance to information asymmetry and transparency, and effectiveness. The purpose of this article is to review the Financial Statements of the Peace Corps Gambia, in view of the IFR4NPO prepared by CIPFA and search for some common points.

88-100

Authors: Ebi Omodejesu David Uyi, Ahmet Oğuz Demir

The rising of energy prices resulting from the turmoil inthe Middle East may be responsible for the recent food price inflation in the world, which may occur through transmission mechanism. This study investigates the effect of energy prices on food price inflation in three Asian countries, namely; China, Philippine, and Vietnam using monthly data from 2002:M01 to 2020:M12. Employingthe Panel Vector Autoregressive (PVAR) model withImpulse Response Functions (IRFs), the results provided that shocks in energy prices and economic growth have a positive and significant effect on food price inflation while shocks in exchange rate and agricultural production have anegative but insignificant effect on food prices inflation. The PVAR causality results revealed that economic growth is a predictor of food price inflation, energy prices, exchange rate, and agricultural production. Also, a causality runs from economic growth and exchange rate to energy prices and again, from economic growth to exchange rate and agricultural production. This implies that a feedback effect is found between economic growth and exchange rate as well as economic growth and agricultural production. Therefore, the study recommended the need to stabilize energy prices through effect energy policies in Asian countries.

123-148

Authors: Siska Aprianti, Didik Susetyo, Inten Meutia, Luk Luk Fuadah Fuadah

Purpose - These research objectives to get an overview of the corporate governance's impact on sustainability reporting through a systematic literature review. Methodology - The review method was conducted qualitatively through SLR in mapping existing research, with a sample of 62 articles published in 2012-2020. Findings - The findings provide three categories for how corporate governance affects sustainability reporting. Board characteristics consist of 5 variables (board size, board independence, board meeting, CEO duality, CSR committee), board diversity consists of 7 variables (community influential member, board age, board expertise, board incentives, board education, board nationality and gender diversity), and the audit committee characteristics consists of 4 variables (audit committee expertise, audit committee size, audit committee independence, audit committee meetings). Research limitations – Since the subject of the study is major corporations, the findings cannot be generalized, however they will be the same for other study subjects like micro, small, and medium-sized businesses. Originality - The research focuses on how corporate governance affects sustainability reporting and generates a thorough report on the predictor variables of sustainability reporting and its measurements in order to shed light on future sustainability reporting aspects.

172-187

Authors: M. Çağrı Pehlivanoğlu, Mustafa Emre Civelek, Emre Eymür

The purpose of this study is to examine the relationship between organizational identification and job satisfaction among retail industry employees. Quantitative data was gathered using questionnaires. To ensure the scales' validity, principal component analysis was used. Cronbach alpha values were calculated to assess reliability. Simple regression was used to test the theoretical model hypothesis. The analyses were carried out using the statistical software SPSS. As the result of the analyses performed, the main hypothesis was supported. It has been empirically proven that Organizational Identification has positive effect on Job Satisfaction. Although these two constructs are subjects that have been researched for years, this research adds to the literature by investigating how the job satisfaction of employees working at a particular sector, the national retail industry, is affected within the framework of organizational identification. As a result, the study's findings indicated that further research should be done to improve organizational identification among employees in the retail industry to boost job satisfaction and decrease the risk of leaving.