Governance Research in Emerging Economies
Call for papers for: Journal of Financial Reporting and Accounting
Dr. Hidaya Al Lawati, Sultan Qaboos University, Oman
Prof. Khaled Hussainey, University of Portsmouth, UK
Special Issue Information
Since 2020, emerging countries in general, Gulf Cooperation Council (GCC) and the Middle East and North Africa (MENA) in particular, have faced a dramatic fall in oil prices which led them to update their major economic pillars, by moving away from solely being oil-based economy into flourishing other economic sectors (Al-Faryan & Dockery, 2020). To succeed in this approach, new corporate governance (CG) codes, mechanisms, and regulations are required to be implemented to protect stakeholders’ interests and enhance their confidence and assure that organisations are being more accountable and transparent to their valuable users.
Emerging countries are thoroughly and diligently working towards achieving their strategic visions such as Vision 2030 in the Saudi Arabia and Vision 2040 in Sultanate of Oman (Al Lawati & Hussainey, 2020; Al Lawati et al., 2021). These visions are established to monitor and shape the corporations’ sustainable value creation and to measure the ability of the organisations in diversifying the economy and providing a dynamic platform to embrace new technologies, tools, and skills and having greater flexibility in their functions (Al Lawati et al., 2021; Alregab, 2021).
Moreover, the COVID-19 pandemic had a diverse and variety of impacts on different aspects of organisations in multiple sectors, such as, financial and non-financial. COVID-19 gave an “external shock” to the countries' economies and it massively impacted CG shape and assurance (Gelter & Puaschunder, 2021).
This special issue is interested in collecting and gathering the scrupulous manuscripts that enhance our understanding about CG mechanism in emerging economies to accommodate their strategic visions. We are delighted to invite manuscripts that featuring how CG mechanisms in emerging countries’ business are improving to achieve the main goal of diversifying their economy and moving from depending solely on the oil sector. This special issue is also interested in inviting papers, which reflect and capture personal experience from emerging economies on the effect of COVID-19 on CG.
We welcome submissions to this special issue. Topics covered include (but are not limited to):
- The impact of the role played by CG mechanisms in different sectors such as financial, non-financial, and SME in improving the goal of diversifying the economy of emerging countries.
- The impact of CG in improving the quality of financial reporting and disclosure.
- The impact of CG in tax avoidance and tax havens
- How do revised CG codes impact on directors’ remuneration in conventional and Islamic institutions in emerging countries?
- The impact of CG on mandatory and voluntary narrative reporting
- The impact of CG on audit practice in emerging economies
- The relation between busy directors and financial reporting quality
- The relation between busy directors and financial decisions
- The relation between board diversity and financial reporting quality
- The relation between board diversity and financial decisions
- The role of family and royal board memberships in financial institutions
- COVID-19: Governance and Accounting implications
- COVID-19: Governance and Auditing implications.
Deadline and Submission Details
Submissions open 1 July 2021
The submission deadline for all papers is 31 October 2021
The intended publication date of this special issue is September 2022 (Issue 20.4)
To submit your research, please visit the Scholar One manuscript portal. https://mc.manuscriptcentral.com/jfra
To view the author guidelines for this journal, please visit the journal's page. https://www.emeraldgrouppublishing.com/journal/jfra#author-guidelines
Contact the Guest Editors:
Dr. Hidaya Al Lawati, Sultan Qaboos University, Oman (Email: [email protected]).
Prof. Khaled Hussainey, University of Portsmouth, UK (Email: [email protected])
Al-Faryan, M. A. S., & Dockery, E. (2020). Testing for efficiency in the Saudi stock market: does corporate governance change matter? Review of Quantitative Finance and Accounting, In Press.
Al Lawati, H. M. A., & Hussainey, K. (2020). Disclosure of forward-looking information: does audit committee overlapping matter? International Journal of Accounting, Auditing and Performance Evaluation, In Press.
Al Lawati, H., Hussainey, K., & Sagitova, R. (2021). Disclosure quality vis-à-vis disclosure quantity: Does audit committee matter in Omani financial institutions? Review of Quantitative Finance and Accounting, In Press.
Alregab, H. (2021). The role of corporate governance in attracting foreign investment: An empirical investigation of Saudi‐listed firms in light of vision 2030. International Journal of Finance & Economics. In Press.
Gelter, M., & Puaschunder, J. M. (2021). COVID-19 and comparative corporate governance. Journal of Corporation Law, In Press.