Adoption of Australian IFRS: Are IFRS "fit for purpose"? The project seeks to explore the usefulness of modifications made to company earnings based on International Financial Reporting Standards (IFRS; Australia’s mandatory accounting standards) by financial report preparers and users. The project intends to show how share markets respond to adjustments to IFRS earnings and provide evidence to assist standard setters and regulators in policy decisions to strengthen the financial reporting frame ....Adoption of Australian IFRS: Are IFRS "fit for purpose"? The project seeks to explore the usefulness of modifications made to company earnings based on International Financial Reporting Standards (IFRS; Australia’s mandatory accounting standards) by financial report preparers and users. The project intends to show how share markets respond to adjustments to IFRS earnings and provide evidence to assist standard setters and regulators in policy decisions to strengthen the financial reporting framework and to improve the comparability and transparency of financial information. A more robust framework would improve capital market efficiency, promote economic growth in Australia and support the goal of making Australia a world-leading financial market.Read moreRead less
An international study of seasoned equity offerings: long term returns, earnings management, liquidity, ownership structure, and financial crisis. This study will provide critical insights into the impact of alternative mechanisms for seasoned equity offerings on liquidity and firm value. Considering the lack of confidence in financial markets during the financial crisis, this study will have significant implications regarding the current use and regulation of seasoned equity offerings.
Environmental Management Systems, reporting systems, stakeholder engagement processes and environmental performance in Australian companies. The achievement of an environmentally sustainable Australia requires improved environmental performance of Australian companies which have significant environmental impacts. This work will lead to improved environmental performance, more effective stakeholder engagement and accountability and reporting systems along with better environmental management sys ....Environmental Management Systems, reporting systems, stakeholder engagement processes and environmental performance in Australian companies. The achievement of an environmentally sustainable Australia requires improved environmental performance of Australian companies which have significant environmental impacts. This work will lead to improved environmental performance, more effective stakeholder engagement and accountability and reporting systems along with better environmental management systems. This in turn will reduce environmental impacts, create more responsive corporate cultures and increase the competitive advantage of Australian industry. Read moreRead less
Performance Management using Balanced Scorecards to Improve the Performance of Australian Manufacturing Organizations. The balanced scorecard is a performance management technique that has been promoted to assist managers of Australian manufacturing companies improve the performance of their organizations. However, there is little empirical evidence to support an association between scorecards and enhanced performance and there is much to be discovered about how they promote effective outcomes. ....Performance Management using Balanced Scorecards to Improve the Performance of Australian Manufacturing Organizations. The balanced scorecard is a performance management technique that has been promoted to assist managers of Australian manufacturing companies improve the performance of their organizations. However, there is little empirical evidence to support an association between scorecards and enhanced performance and there is much to be discovered about how they promote effective outcomes. This study provides a significant conceptual advance by proposing that scorecards will enhance performance when they are 'comprehensive' in design. This enhancement in performance occurs as comprehensiveness assists product innovation and aligns manufacturing with strategy. The theoretical and empirical outcomes of the research are significant as the appropriate application of balanced scorecards can assist Australian firms compete effectively in global markets.Read moreRead less
Impact of Intelligent Decision Aids on Human Knowledge Acquisition. Our aim is to identify new factors that enhance learning and knowledge acquisition from an intelligent decision aid. The research will assess the ability of alternative designs of an intelligent decision aid's advanced explanation and learning facilities to affect the transfer of complex knowledge structures to novice insolvency practitioners. The result of the study is critical to understanding the factors necessary for succes ....Impact of Intelligent Decision Aids on Human Knowledge Acquisition. Our aim is to identify new factors that enhance learning and knowledge acquisition from an intelligent decision aid. The research will assess the ability of alternative designs of an intelligent decision aid's advanced explanation and learning facilities to affect the transfer of complex knowledge structures to novice insolvency practitioners. The result of the study is critical to understanding the factors necessary for successfully deploying and leveraging intelligent decision aids in practice.Read moreRead less
Accelerating Expertise Development Using Knowledge Structures and Expert Systems. There is a shortage of experts among many professional fields in Australia, a problem that is starting to be further exacerbated by a large number of pending retirements. Professions dependent on high-level experts operating in complex decision domains face potential devastation and may fail to continue to exist within Australia. The proposed research directly addresses this looming crisis by presenting a replicabl ....Accelerating Expertise Development Using Knowledge Structures and Expert Systems. There is a shortage of experts among many professional fields in Australia, a problem that is starting to be further exacerbated by a large number of pending retirements. Professions dependent on high-level experts operating in complex decision domains face potential devastation and may fail to continue to exist within Australia. The proposed research directly addresses this looming crisis by presenting a replicable methodology for rapid expertise development that is to be demonstrated within the Australian insolvency environment. However, the methodology will be easily portable to other knowledge work professions facing similar crisis conditions.Read moreRead less
The Balanced Scorecard: A Strategic Management Accounting Tool for Scenario Thinking and Strategic Decision Making. This project examines the use of models based on the balanced scorecard in scenario thinking and strategic decision making. The Balanced Scorecard is a set of financial and non-financial performance measures. Managers can refine their model about the critical cause-effect relations in the firm by scanning balanced scorecard reports. They can use this model for generating scenario ....The Balanced Scorecard: A Strategic Management Accounting Tool for Scenario Thinking and Strategic Decision Making. This project examines the use of models based on the balanced scorecard in scenario thinking and strategic decision making. The Balanced Scorecard is a set of financial and non-financial performance measures. Managers can refine their model about the critical cause-effect relations in the firm by scanning balanced scorecard reports. They can use this model for generating scenarios and making strategic decisions. This proposal responds to calls for focussed research on systems like the Balanced Scorecard that have "the potential to provide planners with a way of expressing and testing a sophisticated model of cause-effect in the organisation." Read moreRead less
Improving fraud detection, financial reporting quality, investor confidence and market returns by using specialist auditors. As investors, managers and auditors grapple with the global financial crisis effects, this project's findings will help them by showing how and when auditor specialisation contributes to greater financial statement quality and returns. Investors will benefit from lower audit costs, increased audit quality and more credible financial statements.
Ensuring Australia's competitiveness by implementing targeted performance measurement systems across the extended supply chain. This project will develop a framework to guide managers in designing, implementing, and using performance measurement systems across the industry supply chain to maximise the potential benefits of supply chain management. The outcomes enhance organisational competitiveness, supply chain competitiveness and boost Australia's economy.
Effectiveness of tax base erosion and profit shifting countermeasures effective. This project aims to evaluate the effectiveness of measures to combat tax avoidance by multinational enterprises. Estimates suggest that tax base erosion and profit shifting threaten up to 10 per cent of Australia’s corporate tax revenues. This project intends to establish benchmark indicators based on financial and tax data for Australian and foreign-owned companies, and test them on proposed policy changes up to 2 ....Effectiveness of tax base erosion and profit shifting countermeasures effective. This project aims to evaluate the effectiveness of measures to combat tax avoidance by multinational enterprises. Estimates suggest that tax base erosion and profit shifting threaten up to 10 per cent of Australia’s corporate tax revenues. This project intends to establish benchmark indicators based on financial and tax data for Australian and foreign-owned companies, and test them on proposed policy changes up to 2018. The project aims to expand knowledge of tax behaviour of multinational firms while providing timely and critical information for policy makers on whether measures actually improve the integrity of corporate tax.Read moreRead less