Suchergebnisse

Purpose
The purpose of this study is to examine the moderating effect of sustainability reporting on the relationship between tax avoidance and firm value. This study also examines the moderating effect of sustainability reporting in both environmentally sensitive firms and non-environmentally sensitive firms.


Design/methodology/approach
This research uses moderated panel regression with 596 observations and 734 observations for cash effective tax rate (ETR) and generally accepted accounting principles effective tax rate (GAAP ETR) of firms listed on the Indonesian Stock Exchange between 2014 and 2016. Tax avoidance is measured by both cash ETR and GAAP ETR.


Findings
This paper shows that sustainability reporting moderates the relationship between tax avoidance (GAAP ETR) and firm value. The results show that GAAP ETR has a negative association with firm value in non-environmentally sensitive firms and a positive association with firm value in environmentally sensitive firms. Consequently, the sustainability report alters only the effect of GAAP ETR on firm value in non-environmentally sensitive firms. The results imply that, unlike environmentally sensitive firms, non-environmentally sensitive firms need sustainability reporting to reduce the reputational costs of tax avoidance.


Originality/value
How shareholders view tax avoidance remains unclear; research on this topic often fails to produce a uniform result. The present research fills this gap by using the existence of sustainability reporting as proof of companies' ethical motivations to moderate the association of tax avoidance and firm value, which has not been discussed in previous research.

This interview study aimed to explore the perceptions and practices of the university teachers regarding student engagement in History & Pakistan Studies classrooms. Data were collected from four PhD professors from a public sector university. A qualitative research design was used, and semi-structured interviews were conducted. Thematic analysis was done to extract findings from the qualitative data. The finding is arranged into three themes, i.e., student engagement, instructional strategies, and classroom management. The finding suggested that teachers use different strategies and practices to improve student engagement. Moreover, teachers used different practices to make their classes interesting. It is reported that having a cordial teacher-student relationship is beneficial for enhancing student engagement level and overall performance at the postgraduate level of education. Effective classroom management plays a significant role in creating a positive learning environment for engaging instruction.

Educational institutions are bound to take online assessments due to pandemics, which drives the need to identify the perceived satisfaction of both teachers and students about the effectiveness of this process. The current study aims to explore perceptions of Art & Design students and teachers since the issue becomes even more complex due to the practical nature of these subjects and assessments. A total of 157 students participated in this research study, whereas the data is collected through convenient sampling. The data from teachers was collected through a focus group discussion. The purposive sampling process was used for this purpose. A self-developed survey instrument was used to collect data with an alpha value of .73. The results of the survey indicate the satisfaction of students with the process and effectiveness of online assessment. Demographic analysis includes current qualifications (mean=2.69), previous qualifications (mean=.41), current working status of students (mean=.96), and students enjoying any scholarships (mean=.39) etc. The data collected through focus group discussion was studied through thematic analysis techniques. The results of the study promised to help in designing and implementing strategies when conducting online assessments particularly for Art & Design qualifications.

The proposed research project is based on a multidisciplinary approach in order to analyse the law governing the sugar industry and the implications thereof. The proposed research project focuses on the current market operation within Pakistan, critically contrasting it with the model implemented within different jurisdictions for effective market operation of the sugar industry. It highlights the inefficaciousness and longstanding practices of the market players, how these are supported by existing legal structures, and how these undermine competition. While the sugar industry is highly significant towards the economy of Pakistan and regardless of the so-called stringent legislative control, which have without a doubt failed, this study shall focus on unveiling the adverse implications of these rules and regulations and analyse a more viable model for an effective market operation.
INTRODUCTION
The sugar industry plays a crucial role in Pakistan's economy, but government regulations have made it highly regulated, inefficient, and anti-competitive. This article explores the historical development of the sugar industry in Pakistan, focusing on the legislative framework that has shaped it up to 2021. It considers relevant laws, case law, and findings from the Sugar Inquiry Report (Sugar Inquiry Commission, 2020). To gain a comprehensive understanding, the study includes key informant interviews with stakeholders along the sugar supply chain and experts. These interviews assess the proposed reforms' prudency, efficiency, and adequacy, aiming to determine their effectiveness and viability. Ultimately, the article will propose reforms tailored to Pakistan based on this research.
PRE-PARTITION
From the late 1800s to the early 1930s, the sugar industry in the Dutch East Indies, particularly on the island of Java, went through significant developments. Initially, sugar was a crucial export commodity for the colony, primarily directed towards European markets. However, in the 1880s, the Java-based sugar factories lost contact with these markets. Around the turn of the 20th century, the United States became a major recipient of Java's sugar exports due to disruptions in Caribbean sugar supplies caused by the Cuban revolution and the Spanish-American war. However, by the early 1910s, Java shifted its focus to Asian markets, particularly the Indian Subcontinent, China, and Japan (Knight, 2010).
The development and maintenance of the sugar industry became crucial for the Indian subcontinent, and historical records indicate that India had a well-established sugar industry dating back centuries. Around the same time, with the decline of indigo cultivation in North Bihar and increased emphasis on cane production, modern sugar factories began to emerge.