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As an emerging business modality and Internet format, live streaming e-commerce has developed rapidly since its emergence in 2016, especially since the outbreak of the COVID-19 epidemic in late 2019, when an increasing number of businesses from other industries attracted participation. However, with the development of the live streaming e-commerce industry, the industry's market environment is becoming increasingly chaotic. Therefore, during this period, government departments continuously formulate and implement relevant industry policies. In order to exploring the cooperation network structure, policy content distribution, and implementation effectiveness characteristics among publishers, this paper constructs a three-dimensional analysis framework of policy from the perspective of policy tools, policy effectiveness evaluation and policy publishers. The results show that in terms of policy tools, the overall structure of policy tools in the live streaming e-commerce industry is unreasonable, and different types of policy tools are significantly diverse. The proportion of environmental policy tools is greater than that of demand-based and supply-based policy tools, accounting for 62.97%, and among them, the tools related to industry regulation and management account for the largest proportion of the total, which greatly suppresses the enthusiasm of various entities in the industry for development. In terms of policy effectiveness evaluation, most of the policies do not formulate detailed long-, medium-, or short-term goals, nor are the policy priorities, incentive measures, or action modes perfect, indicating that the government's pushing and pulling forces for the live streaming e-commerce industry are insufficient. Finally, in the subject dimension of policy release, the synergy of relevant subjects is constantly improving, but there is also a phenomenon of over-concentration in the synergistic departments. [ABSTRACT FROM AUTHOR]

Purpose: This paper aims to examine whether managerial sentiment, extracted from annual reports, is associated with corporate risk-taking in the context of Chinese companies. This study expands the vein of literature on overconfidence theory. Design/methodology/approach: By leveraging textual analysis on Chinese listed companies' annual reports, the authors construct firm-level managerial sentiment during 2007 and 2021 to examine how managerial sentiment influences corporate risk-taking after control for firm characteristics. Corporate risk-taking is denoted by corporate investment engagements: capital expenditures and net fixed asset investment. Findings: Results show that incentives for corporate risk-taking are likely to increase with the positive managerial sentiment and decrease with the negative sentiment in companies' annual reports. Positive managerial sentiment is associated with over-/under-investment and low/high investment efficiency. Further additional tests show that the managerial sentiment effect only holds during low economic uncertain years and samples of private-owned firms. Furthermore, the robust tests indicate that there is no endogenous issue between managerial sentiment and corporate risk-taking. Research limitations/implications: Annual report textual-based managerial sentiment may not perfectly reflect managers' lower frequency sentiment (e.g. weekly, monthly and quarterly sentiment). Future studies could attempt to capture managers' on-time sentiment by using media sources and corporate disclosures. Practical implications: To the best of the authors' knowledge, this paper is the first research to provide insights into supervising managers' corporate decisions by observing their textual information usage in corporate disclosure. Moreover, the approach of measuring managerial sentiment might be a solution to monitoring managerial class. Originality/value: This paper contributes to the literature on accounting and finance studies, adding another piece of empirical evidence on content analysis by examining a unique language and institutional context (i.e. China). Besides, the paper notes that in line with the English version disclosure, based on Chinese semantic words, managerial sentiment in the Chinese-speaking world has magnitude on corporate decisions. The research provides insights into supervising managers' corporate decisions by observing their textual information usage in corporate disclosure. Moreover, the approach to measuring managerial sentiment may be a practical solution to monitoring managerial class. [ABSTRACT FROM AUTHOR]

Background: Despite its prevalence, there is ongoing debate regarding the optimal management strategy for chronic subdural hematoma (CSDH), reflecting the variability in clinical presentation and treatment outcomes. This ambidirectional, nationwide, multicenter registry study aims to assess the efficacy and safety of multimodality treatment approaches for CSDH in the Chinese population. Methods/design: A multicenter cohort of CSDH patients from 59 participating hospitals in mainland China was enrolled in this study. The treatment modalities encompassed a range of options and baseline demographics, clinical characteristics, radiographic findings, and surgical techniques were documented. Clinical outcomes, including hematoma resolution, recurrence rates, neurological status, and complications, were assessed at regular intervals during treatment, 3 months, 6 months, 1 year, and 2 years follow-up. Result: Between March 2022 and August 2023, a comprehensive cohort comprising 2173 individuals who met the criterion was assembled across 59 participating clinical sites. Of those patients, 81.1% were male, exhibiting an average age of 70.12 ± 14.53 years. A historical record of trauma was documented in 48.0% of cases, while headache constituted the predominant clinical presentation in 58.1% of patients. The foremost surgical modality employed was the burr hole (61.3%), with conservative management accounting for 25.6% of cases. Notably, a favorable clinical prognosis was observed in 88.9% of CSDH patients at 3 months, and the recurrence rate was found to be 2.4%. Conclusion: This registry study provides critical insights into the multimodality treatment of CSDH in China, offering a foundation for advancing clinical practices, optimizing patient management, and ultimately, improving the quality of life for individuals suffering from this challenging neurosurgical condition. Trial registration: ChiCTR2200057179 [ABSTRACT FROM AUTHOR]

Purpose: Improving audit quality is an important research area of managerial accounting. This study focuses on the informal institutions within organizations and their impact on audit quality. Specifically, this study aims to examine the impact of the informal hierarchy among directors on audit quality. Design/methodology/approach: The authors examine Chinese companies with listed shares from 2008 to 2020. The authors proxy for audit quality using discretionary accruals and small profits, and use ordinary least squares regression to test their hypotheses. Findings: The results demonstrate that the informal hierarchy of the board improves audit quality. The results are robust to a battery of sensitivity analyses. Additionally, there is weak evidence that the effect of the board's informal hierarchy on audit quality is weaker in state-owned enterprises. Moreover, the mechanism tests indicate that the board's informal hierarchy improves audit quality through the improvement of internal controls. In addition, the impact of the informal hierarchy among directors on audit quality further improves firm performance. However, audit fees are not reduced further because the board's informal hierarchy demands higher audit quality by choosing industry audit experts. Originality/value: This study not only enriches the research on the economic consequences of the board's informal hierarchy but also expands on studies on antecedents of audit quality. [ABSTRACT FROM AUTHOR]

The manufacturing organizations are threatening the earth and its wildlife because of their growing concern about environmental pollution and industrial waste. Hence, in the present study, the three potential solutions, Green Intellectual Capital, Environmental Management Accounting and Energy Efficiency, are evaluated for excelling the organizational operations towards business sustainability and attaining the Competitive Advantage. With the assistance of 'Partial Least Square-Structural Equation Modelling' on the dataset of 364 respondents from the manufacturing organizations in China, the outcome reported the positive and significant impact of all of the studied potential solutions in excelling and enhancing business sustainability and competitive advantage. Based on the findings, it is proposed that manufacturing organizations need to apportion due attention to developing the green intellectual capital, improve the level of consumption of energy and need to disclose their environmental management through proper Environmental Management Accounting. [ABSTRACT FROM AUTHOR]

The China's economy is developing rapidly, and it affects the environment on several levels. Therefore, this study examines the effect of environmental management accounting, green human resource management (HRM), on green organisational behaviour (OB). We collected 383 questionnaires completed by human resource managers and accounting managers in the Chinese hospitality industry. We used a covariance-based structural equation model to test the hypotheses in this study. The empirical evidence shows a positive and significant effect between environmental management accounting (monetary environmental management accounting, and physical environmental management accounting) and green HRM (β = 0.262, p < 0.01, β = 0.378, p< 0.01). Green HRM mediates the influence of environmental management accounting (monetary environmental management accounting, β = 0.059, p < 0.01; physical environmental management accounting, β = 0.084, p< 0.01) on green OB. The analysis confirmed the importance of environmental management accounting (as opposed to green human resource management) in predicting green behaviour and the critical role of green human resource management in connecting environmental management accounting and green OB. Thus, this study extends the literature's perspective on green OB to environmental management accounting and green HRM. [ABSTRACT FROM AUTHOR]

Under the background of the rapid development of data informatization, the evaluation and analysis of enterprise management accounting risk are the key link of enterprise sustainable development. Based on the theoretical basis of enterprise management accounting risk analysis, this paper selects 11 representative corporate financial risk indicators from financial risk indicators through correlation analysis and then selects 8 key indicators that affect corporate financial risk through association rules, to assess and analyze the company's financial risks. Finally, this paper takes 20 ST companies in China as the research object to carry out empirical research. According to the assessment and analysis of financial risks in the company's management accounting, it proposes measures from four modules to strengthen the company's ability to resist risks. [ABSTRACT FROM AUTHOR]

The economic strength of a country is the external manifestation of its comprehensive national strength. In order to increase a country's international influence, it must strengthen its own economic development. China's economy is in a period of rapid development. At this stage, enterprise development is an important factor in promoting steady economic growth. However, economic management plays an important role in the development of an enterprise. Therefore, how to use effective economic management methods to promote the development of enterprises is very important. This method helps to enhance the competitiveness of enterprises and improve the economic efficiency of enterprises. This approach needs to get people's attention. For productive enterprises, the biggest problem is that the economic benefits are not up to expectations. In addition, spending costs are always well over budget. In fact, this has a lot to do with business management. Before the market, economic system was reformed. The comprehensive management of productive enterprises is mostly extensive management. This makes the economic costs of certain links and details out of control. Therefore, effective management of the economy of a productive enterprise is critical. Although productive enterprises cannot be said to be highly profitable, their economic benefits are at least achievable. For productive enterprises, the most effective management method for the economy is refined management. This article starts from the perspective of improving the speed of enterprise development. Specifically, the starting point is to promote the improvement of the country's comprehensive national strength. The article analyzes the inherent relationship between economic management and enterprise development, hoping it can provide positive help for China's social and economic progress. [ABSTRACT FROM AUTHOR]

Small and medium-sized enterprises (SMEs) play an increasingly important role in global economic development, and they have encountered many unique problems (such as resources and strategic choice). Strategic management accounting (SMA) techniques can help SMEs allocate limited resources rationally and integrate internal and external information to help managers make strategic decisions. However, how and what is the SMA applied in the reality of SMEs, especially in developing countries today. This paper aims to explore the extent to which SMEs of developing countries use SMA. This article used the qualitative research method and the data were collected by interviewing five managers and two employees in M company. The findings indicated that: (1) The senior managers of SMEs do not have an understanding of accounting nor pay enough attention to it, and the role of SMA is even worse; (2) Although the chief financial officers obtain the knowledge of SMA, they cannot fully involve it in their strategic decision making. (3) SMEs have realized that enterprise culture is very important for a company to achieve strategic goals, but it is far from enough to attach importance to and create it. (4) The general managers of SMEs believe that the operating department is the core of the company and all resources should be prioritized to meet their needs. [ABSTRACT FROM AUTHOR]

Accounting work is more efficient when it is computerized, and the rate of errors is lower. The incentive mechanism should be improved before the development of management accounting practice in businesses. The emotion of employees in enterprises is a determinant of the spread of management accounting practice in businesses. Employees' resistance to management accounting practice can be effectively addressed through incentive mechanisms. As a result, in order to encourage the growth of management accounting in businesses, they must first create a perfect management accounting incentive mechanism. The implementation of a management accounting information system is made more difficult by these new categories. The construction of a management accounting information system based on BI and mobile edge computing is systematically discussed in this study. BI has the advantage of being able to model in a variety of ways, process large amounts of data efficiently, and provide managers with actionable data quickly. To realize the quantitative analysis of cost, income, and input-output, the system employs advanced technologies such as data warehouse modeling, data acquisition, data display, and security design. Management accounting has emerged as the best choice for the innovation of enterprise management mode as an accounting service for the internal management of businesses. Big data in management accounting serves as a company's "asset," providing a wealth of information. It has become critical to understand how to mine and use big data information to provide a foundation for management accounting. This study explains how to collect data, prepare data, establish a model, mine data, and analyze data using a big data and mobile edge computing algorithm and identifies the key indicators affecting enterprise management accounting risk analysis through empirical analysis. The study of the diffusion mechanism and influencing factors of management accounting practice within enterprises and between enterprise clusters can help promote the development of management accounting practice and speed up the construction of China's localized management accounting system. [ABSTRACT FROM AUTHOR]

What drives managerial perks? The commonly accepted view of perks suggests that they are a misuse of firm resources for managers' private benefit ( cost view), and thus perk consumption is unethical. However, an alternative view argues that perks can motivate managers to work hard and thus add to the value of the firm ( incentive view): from this perspective, perk consumption is an ethical form of behavior. The fundamental difference between the two positions has critical implications for practice, and this article tests these competing views to determine the circumstances in which one view dominates the other. Using hand-collected data on perks in Chinese-listed companies, we find strong empirical support for the incentive view, which is more likely to be held in firms with moderate ownership concentration. This article not only contributes to the literature on business ethics, but also has critical implications for managerial incentive practices in emerging economies. [ABSTRACT FROM AUTHOR]

This article reports a case study that investigated the ways in which heads of subject departments managed the development and application of new assessment strategies in one secondary school in Hong Kong. The data of the study were gathered through participant observation and interviews with 12 teachers who participated in an assessment for learning project in the school. The results show variation in the leadership approaches adopted by the department heads, highlighting the dichotomy between managerial accountability and professional empowerment as their perceived mandate, and techno-instrumentalism and autonomous explorations as their visions for school-based renewal initiatives. The findings of the study highlight the subcultures within subject departments resulting from the different leadership styles enacted by the subject leaders, and point to the need for further investigations into the mediating roles of culture of subject disciplines and contextual variables that shape the dynamics of educational management. [ABSTRACT FROM AUTHOR]

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Using data from Hong Kong, a market that has family-concentrated ownership structure, we examine the relation between managerial ownership, the board of directors and firm performance. We first conduct analysis on the managerial ownership and firm performance to derive the turning points where either 'convergence of interest' or 'entrenchment' effect of managerial ownership is dominant. Based on these estimated turning points, we find that at low and high level of ownership, effective board mitigates the entrenchment effect associated with managerial ownership; at medium level of ownership, board effectiveness is less demanded. These findings suggest that managerial ownership and board monitoring are substitutes in mitigating the agency problem between managers and shareholders. We also find that effective board curbs the excessive compensation by entrenched managers to themselves at low level of managerial ownership. [ABSTRACT FROM AUTHOR]

This paper investigates the roles of system enhancement and work place relocation in the use of intranet and web-enabled applications (IWAs) for supporting hospital management accounting in Hong Kong. A pseudo-longitudinal study in Hong Kong public hospitals has been conducted over a duration of 1.5 years to observe changes that have occured over time. The study is based on 157 hospital executives in the phase I survey and 147 hospital executives in the phase II survey. The phase I survey illustrates different aspects of information quality of Management Accounting Systems (MASIQ) in hospitals. The phase II survey results add further findings. The time for system enhancement illustrates a clearly positive impact on IWAs, while work place relocation has a negative impact on hospital management regarding management accounting functions to a certain extent. Work place relocation is less effective for grouping talents to work in the office at different locations. Face-to-face communication at work place is more efficient than communication through intranet applications. The research results contribute to the knowledge of uses of intranet for management accounting and control in public hospitals. [ABSTRACT FROM AUTHOR]

This study provides insight into the factors that influence change in Chinese management accounting practices. Multivariate analysis indicates that the size of the firm, foreign partner and level of knowledge of senior managers and employees have positive bearing on the changes in management accounting practices of the foreign-partnered joint ventures. The size and level of knowledge of senior managers appear to influence changes in management accounting practices. However, no support is found for the hypothesis that the Chinese government has a significant influence on the changes in management accounting practices of joint ventures and state-owned enterprises. [ABSTRACT FROM AUTHOR]

This study explores the current use and performance effects of management accounting and controls (MACs) by Chinese firms, as well as some potential facilitators and impediments. Data on 219 listed Chinese firms are obtained from a survey, supplemented by the firms' publicly available financial reports. On average, the sample firms have at least moderate use of 12 specific MAC techniques, including ones that are of relatively recent vintage (e.g., economic value-based performance measures). However, there is substantial variation across firms in the use of each technique. The extent of MAC usage is positively associated with firm attributes (e.g., activism of corporate governance participants, management support), as well as characteristics of the environment (e.g., competition). There also is a positive association between usage of some MACs and firm performance. [ABSTRACT FROM AUTHOR]

This paper provides an overview of 283 management accounting articles published in 18 major Chinese academic journals from 1997 to 2005. We find significantly different topic mixes between the periods 1997 to 2001 and 2002 to 2005. In terms of research method, normative/conceptual papers dominate in both subperiods, followed in descending order by case studies, surveys, field-archival studies, and analytical modeling research. About 80 percent of the papers do not have any explicit or detectable application of theory. Finally, considerable overlap exists between the articles' topical coverage and issues considered important by managers. Overall, due to lack of theory application and other methodological limitations, this literature has not yet built a strong basis for understanding and leading management accounting development in China. Thus, we further examine the journals' selection standards and processes, as well as factors that may have influenced Chinese scholars' research ability, incentives, and focus. We conclude by offering suggestions for future development. [ABSTRACT FROM AUTHOR]

Presents the results of a study which discussed the responsibility cost control system in China. Possibility of diffusion of Western management accounting in China; Impact of economic reforms on the business environment of the country; Management accounting theories and practices of the Han Dan Iron and Steel Co.

Wei, R. and Yao, S., 2020. Transformation from financial accounting to management accounting: a study of the offshore oil enterprises. In: Qiu, Y.; Zhu, H., and Fang, X. (eds.), Current Advancements in Marine and Coastal Research for Technological and Sociological Applications. Journal of Coastal Research, Special Issue No. 107, pp. 9-12. Coconut Creek (Florida), ISSN 0749-0208. In recent years, information technology has developed rapidly, which leads to the geometric growth of data every year. Therefore, China has entered the era of big data, which will change the traditional financial accounting data of China's offshore oil enterprises. Therefore, China has realized the reform of data collection. With the global shortage of oil and energy, oil prices have risen sharply. Therefore, the profitability of China's offshore oil enterprises will be improved, which will cause the unprecedented attention of the society to the accounting information of offshore oil enterprises. With the economic globalization and the diversification of market competition, the traditional financial accounting management mode can't meet the development and demand of offshore oil enterprises. Therefore, the financial accounting transformation and upgrading of offshore oil enterprises will run through the whole process of supply, production and sales, which will improve the financial transformation of offshore oil enterprises. Under the background of big data, offshore oil enterprises must transform to management accounting. By proposing the transformation plan, we can improve the economic benefits of the enterprise, which will enhance the core competitiveness of the enterprise [ABSTRACT FROM AUTHOR]