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- PublicationAsset quality, earnings management and bank stability under IFRS 9 : a cross-country examination(Emerald Publishing Limited, 2025-12-22) Mathuva, David M.Purpose This study examines the impact of IFRS 9 adoption on bank stability in Africa, with a special focus on the role asset and earnings quality play on bank stability following its adoption in 2018. Design/methodology/approach The study utilises panel data drawn from 554 banks in 43 African countries over the period 2014–2021. Various econometric analyses are performed using two-sample tests and two-step GMM regression for data comprising 3,510 firm-year observations. Findings The findings, which are robust for endogeneity and the adverse effects of COVID-19 pandemic on bank stability, reveal potential cross-country heterogeneity relating to the effects of IFRS 9 adoption, asset and earnings quality on bank stability. There seems to be a limited influence of IFRS 9 adoption on the stability of banks in Africa. The results reveal that declines in asset quality negatively impact bank stability, while improved earnings quality is effective in promoting bank stability. Increases in nonperforming loans are associated with increased bank risk, which is cushioned through improved earnings quality following IFRS 9 adoption, thereby boosting bank stability. Research limitations/implications The study argues that since the IFRS 9 adoption was more of a conciliator between the interests of both bank regulators and accounting enforcement agencies, the adoption of the standard is likely to contribute to a relatively stronger financial services sector, especially in developing economies. The study cautions regulators not to employ a “straight-jacket” approach in implementing the standard and its consequent pronouncements. Practical implications The study is useful in informing accounting regulators, bank managers, auditors and financial reporting managers of banks as to the implications of IFRS 9 adoption. Originality/value This is perhaps one of the few studies to examine a large dataset illustrating the implications of the mandatory adoption of IFRS 9 in developing and emerging economies
- PublicationThe Role of government in enhancing economic opportunities for women(Strathmore University Business School, 2024) Strathmore Business SchoolThe Growth and Economic Opportunities for Women (GrOW) East Africa initiative seeks to spur transformative change to advance gender equality in the world of work. GrOW East Africa is a partnership between the Bill & Melinda Gates Foundation, The William and Flora Hewlett foundation, and Canada's International Development Research Centre. GrOW East Africa funded a research project by Strathmore Business School on Enhancing the effectiveness of government procurement programs in achieving women's economic empowerment in Kenya.
- ItemCurrent reporting and relationship with integrated reporting for listed companies in Kenya : disclosure levels and company factors(African Accounting & Finance Association, 2019-12) Injeni, Geoffrey Ikavulu; McFie, James Boyd; Mudida, Robert; Mangena, MusaThis study draws on agency, stakeholder and legitimacy theories, to analyze the extent to which ‘integrated reporting’ information is currently being disclosed by Kenyan listed companies and to investigate the firm-level factors associated with the disclosures relying on content analysis procedures to assess the level of disclosure of integrated reporting information in the annual reports (2010-2016) of 50 companies listed on the Nairobi Securities Exchange (NSE) as well as unbalanced panel data econometric models to establish the association between the integrated reporting disclosures and firm-level factors (including corporate governance and sustainability reporting). The study finds that as of 2016, the formal adoption of integrated reporting was very low at the rate of only 14% (i.e., 7 out of the 50 companies). Nonetheless, disclosure levels for information required as per the integrated reporting framework have increased from 59% in 2010 to 72% in 2016. Disclosures are mainly for organizational overview, strategies, governance, risk and performance. Stakeholder engagement, business model, future challenges and outlook are the notable areas of non-compliance. Findings also show that large companies are likely to adopt integrated reporting due to their high levels of disclosures, while the nature of sectors, like banks, is also likely to influence the adoption of integrated reporting. Although integrated reporting is positively correlated to both financial and non-financial information (with high significance for both sustainability reporting and corporate governance reporting), sustainability reporting is still a challenge for companies. Given the dearth of contemporary evidence establishing if/how companies in emerging markets are adopting the integrated reporting framework, the paper's findings are important for regulators and policymakers to establish the challenges of providing additional information in such contexts, e.g., sustainability reports.
- ItemRegulatory perspectives on integrated reporting in an emerging market : the case of listed companies in Kenya(African Journal Accounting, Auditing and Finance, 2020-02-20) Injeni, Geoffrey Ikavulu; McFie, James Boyd; Mangena, MusaBased on agency and stakeholder theories, we review the regulatory framework that supports integrated reporting by listed companies in Kenya and utilise semi-structured interviews to obtain and evaluate the views of regulators about current reporting requirements and integrated reporting. We find that regulation is nebulous due to overlaps and multiple reporting requirements. Other than the Kenya Capital Markets Authority's corporate governance code, there is little legal and professional support for the adoption of integrated reporting. Even though regulators think the adoption of integrated reporting will enhance transparency in current reporting practices, they are sceptical about harmonising and addressing the regulatory challenges. This paper adds to the growing literature on stakeholders' views on integrated reporting from an emerging market context faced by weak regulatory enforcement mechanisms. The findings are useful to regulators and policy-makers in highlighting the challenges faced in the adoption of a new reporting dispensation, like integrated reporting
- ItemKeeping warm in later life: tackling money, mindsets and machinery(Sheffield Hallam University, 2011) Lusambili, Adelaide; Angela, Tod; Abbott, Jo; Homer, Catherine; McDaid, Kath; Mapplethorpe, PaulA study to examine the knowledge, beliefs and values of older people with a focus on keeping warm at home and barriers to accessing help to keep warm.With the findings we will develop solutions and strategies to overcome these barriers in an attempt to prevent seasonal excess deaths.