2017 - Volume 20 - Issue 1
http://hdl.handle.net/10576/11162
2024-03-28T16:21:07ZThe New Silk Road: China’ Energy Policy and Strategy in the Mena Region
http://hdl.handle.net/10576/11146
The New Silk Road: China’ Energy Policy and Strategy in the Mena Region
Salam, Justine; Besada, Hany
China is in dire need of energy resources to sustain its growth. In
recent years, China has been turning more to Saudi Arabia and Iran in the Middle
East as well as Sudan in North Africa as trade partners to secure its energy supply
and fuel its increasing growth. This paper explores China’s energy policy in the
Middle East and North African (MENA) region by studying three cases: Sudan
in North Africa, and Saudi Arabia and Iran in the Middle East. Data was obtained
from review of relevant literature. It is found out that China’s oil policy is very
much driven by the Beijing Consensus. China has applied an equity ownership
strategy to have more control over oil flows as a shield against price fluctuations
and to reduce supply interruption. Civil unrest and conflicts in the MENA region
threatens to disrupt China’s energy supply channels, which implies that China
should work for peace in the MENA region to achieve its sustainable energy
supply.
2017-03-01T00:00:00ZThe Relationship Between Internal Auditing and External Audit Fees: Evidence from Kuwait
http://hdl.handle.net/10576/11145
The Relationship Between Internal Auditing and External Audit Fees: Evidence from Kuwait
Al-Hajri, Meshari O.
Although audit pricing has been one of the most studied topics in the
audit literature for more than three decades now, to date, very little research has
been conducted on this important issue in the Middle East Region. One important
question in this line of audit research has been related to whether audit fees are
influenced by the contribution of client’s internal auditing (IA) to the external
audit work. Much of existing research investigating this issue has been conducted
in well-developed English-speaking countries, with almost no empirical evidence
provided about this issue within the context of other parts of the world. The
purpose of the current study is to examine this issue using data from the Kuwaiti
audit market. In particular, the current study uses a sample of audit engagements
performed in the Kuwaiti market, to examine whether external audit fees are
influenced by the contribution of the client’s internal audit function. The results
show that IA contribution in the external audit work is negatively related to the
amount of external audit fees.
2017-03-01T00:00:00ZTowards A Meta Theory Of Accounting For Knowledge Management: Review The Realities To Stage The Critical Thinking Of Knowledge Business Model
http://hdl.handle.net/10576/11144
Towards A Meta Theory Of Accounting For Knowledge Management: Review The Realities To Stage The Critical Thinking Of Knowledge Business Model
Mohammad, Ahmed Ali
Knowledge management has always seen as an engine to convert
tacit knowledge into explicit. Knowledge assets are facilitators to make
such conversion. Knowledge management paradigm is a turning point in the
management theories of business. When such paradigm has business dominance,
it is time to question how to account for it ? Accounting for “how” and “why”
has been largely neglected by the professional bodies and scholars of accounting.
Accounting for knowledge management paradigm can be very critical in terms
of questioning some of the fundamental assumptions of financial statements.
The focus has been very narrow and anachronistic. Accounting for knowledge
management is a problematic issue warrant further investigations. Its involves
far more than the need to address the paradoxes and lacks of accounting model
and practices. The extension of institutional accounting theories highlights how
accounting against knowledge management is totally different from accounting
for operations? Yet, the failure is shaped by the areas of asset recognition and
the appropriateness of the going concern assumption. The virtue of conflict is
grounded in nature of key assets, materiality, agility, visibility, periodicity,
creativity, connectivity, interactivity, continuity, and survival. This paper argues
that accounting for knowledge management must be based on understanding the
dynamic nature of knowledge management. This paper contributes to accounting
literature by being the first to identify how knowledge management reality has
shaken the theoretical logic of accounting.
2017-03-01T00:00:00Z