Hakim Ben Othman

• PhD.
• ICN Business School

Purpose – The purpose of this paper is to explore the underlying assumptions of economic development theories that may support or constrain accounting standard-setting strategies related to IFRS adoption and their potential effects on emerging stock markets (ESMs) development. The authors investigate the country-level association between the extent...

Purpose The study aims to investigate the relationship between E-government and corruption. It also examines the moderator role of national culture through Hofstede’s dimensions on the association between E-government and corruption. Design/methodology/approach In addition to panel regression techniques, the authors use the random forest method to...

This paper investigates the determinants of eXtensible Business Reporting Language (XBRL) adoption using the Technology-Organizational-Environment framework. This framework explains how the process of adopting and implementing XBRL is influenced by the technological context (country's firm-level technology absorption and technological capacity), or...

We examine whether the strength of norms and tolerance for deviations play a role in explaining cross-country differences in tax evasion. We also investigate the effects of religiosity, legal enforcement, voice and accountability, and the stability of political systems on tax evasion across 48 countries over the period 1997-2018. Results show that...

Purpose This study aims to compare the value relevance of accounting numbers prepared under the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standards with those produced under the International Financial Reporting Standards (IFRS) for Takaful companies (TC). Design/methodology/approach The authors assess the va...

This study compares the value relevance of accounting numbers prepared under the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standards with those produced under the International Financial Reporting Standards (IFRS) for Takaful companies. We assess the value-relevance of accounting numbers using the Easton and H...

The paper examines the impact of adoption of the eXtensible Business Reporting Language (XBRL) on the development of stock markets using a large international sample. Our analysis was based on panel estimation techniques for 18 countries for a period of 20 years from 2000 to 2019. Our analysis provided empirical evidence that the adoption of the XB...

Purpose The purpose of this interdisciplinary cross-country study is to investigate the influence of cultural tightness-looseness on money laundering. Design/methodology/approach The authors rely on tightness-looseness theory as the basis for their predictions. The authors use the Basel Anti Money Laundering Index to operationalize financial crime...

Purpose The purpose of this paper is to examine the impact of the mandatory adoption of eXtensible Business Reporting Language (XBRL) on firm’s stock liquidity. Design/methodology/approach Using a random-effects model, this study examines the impact of the mandatory adoption of XBRL (ADOPXBRL) on firm’s stock liquidity of 980 companies pertaining...

The paper examines the impact of eXtensible Business Reporting Language (XBRL) adoption on the development of stock markets using a large international sample. Our analysis is based on panel estimation techniques for 18 countries for a period of 20 years from 2000 to 2019. Our analysis provides empirical evidence that the adoption of XBRL has a neg...

Purpose- The purpose of this paper is to examine the impact of the mandatory adoption of eXtensible Business Reporting Language (XBRL) on firms' stock liquidity. Design/methodology/approach– Using a random-effect model, this study examines the impact of the mandatory adoption of XBRL on firms' stock liquidity of 980 companies pertaining to 13 count...

In this study, we investigate the relationship between accounting conservatism and the costof equity capital. Previous empirical studies examining this association use linear modelsthat collectively resulted in a variety of contradictory outcomes. By combining existingtheories in a new non-linear setting, we investigate the presence of a non-monoto...

Purpose Despite the growing literature on integrated reporting (IR) adoption and the emphasis on integrated thinking capitals, prior research works only focused on the financial and non-financial reporting rather than the cornerstones of IR. In order to fill this gap, the purpose of this paper is to investigate the value relevance of organizational...

This paper investigates the relationship between accounting conservatism and the cost of equity capital. Previous empirical studies examining such association use linear models that result in either a negative, positive or insignificant effect. By combining existing theories in a new non-linear setting, this paper aims to investigate the presence o...

Purpose – The purpose of this interdisciplinary cross-country study is to investigate the influence of cultural tightness-looseness on money laundering. Design/methodology/approach – The authors rely on tightness-looseness theory as the basis for their predictions. The authors use the Basel Anti Money Laundering Index to operationalize financial cr...

Purpose The study aims to examine the effect of multiple directorships on accrual-based earnings management and real earnings management. It analyses whether earnings management practices in the Saudi context increase or decrease with the average number of multiple directorships. Design/methodology/approach The study uses the approach by Roychowdh...

This paper aims to provide a deeper understanding of the relationship between accounting conservatism and the cost of equity capital (COEC). For this purpose, we use the quantile regression (QR) framework and examine the effect of two dimensions of conservatism (ex ante and ex post) on the COEC. This methodological contribution allows us to test wh...

This paper aims to provide a deeper understanding of the relationship between accounting conservatism and the cost of equity capital (COEC). For this purpose, we use the quantile regression (QR) framework and examine the effect of two dimensions of conservatism (ex ante and ex post) on the COEC. This methodological contribution allows us to test wh...

ABSTRACT: We examine whether board characteristics affect firms’ decision to voluntarily disclose informative information about their risk profiles. We base our study on data from 320 listed firms in nine MENA emerging markets (789 observations) over the period from 2007 to 2009. Our study offers significant contributions to the growing risk disclo...

We examine whether board characteristics affect firms’ decision to voluntarily disclose informative information about their risk profiles. We base our study on data from 320 listed firms in nine MENA emerging markets (789 observations) over the period from 2007 to 2009. Our study offers significant contributions to the growing risk disclosure liter...

We examine whether board characteristics affect firms' decision to voluntarily disclose informative information about their risk profiles. We base our study on data from 320 listed firms in nine MENA emerging markets (789 observations) over the period from 2007 to 2009. Our study offers significant contributions to the growing risk disclosure liter...

Purpose: The purpose of this paper is to examine whether corporate governance mechanisms affect the reporting of loan loss provisions by managers in Islamic banks in the Middle East region. Design/methodology/approach: This empirical study uses balanced panel data from 20 Islamic banks, from seven Middle East countries for the period 2007 to 2011....

This paper investigates the impact of the legal system and economic freedom on earnings management practices through both real earnings management and accruals manipulation. Based on Roychowdhury (2006), we examine real earnings management through abnormal cash flow from operations, abnormal discretionary expenses and abnormal production costs. We...

Prior research finds that accounting conservatism has increased over time in developed countries. In this paper, we examine the time-series extent and shift of accounting conservatism in emerging countries over the period 2000-2012. We also analyse differences in conservatism level across countries, regions, legal regimes and industries. In additio...

This study examines the association of ownership structure with the environmental disclosure of listed companies in the Middle Eastern and North African (MENA) emerging markets. A self-constructed environmental disclosure score based on the framework of the Global Reporting Initiative (GRI) was used. Investigating a sample of 347 annual reports, we...

The objective of this study is to examine the impact of environmental disclosure levels on the stock market liquidity of Arab Middle Eastern and North African (MENA) companies. For that, a self-constructed disclosure index was applied to the annual reports for the years 2010, 2011 and 2012 and the bid-ask spread was used as a proxy for stock market...

This paper investigates the impact of the legal system and economic freedom on earnings management practices through both real earnings management and accruals manipulation. Based on Roychowdhury (2006), we examine real earnings management through abnormal cash flow from operations, abnormal discretionary expenses and abnormal production costs. We...

The objective of this study is to examine the impact of environmental disclosure levels on the stock market liquidity of Arab Middle Eastern and North African (MENA) companies. For that, a self-constructed disclosure index was applied to the annual reports for the years 2010, 2011 and 2012 and the bid-ask spread was used as a proxy for stock market...

- Purpose: The purpose of this paper is to examine whether corporate governance mechanisms affect the reporting of loan loss provisions by managers in Islamic banks in the Middle East region. - Design/methodology/approach: This empirical study uses balanced panel data from 20 Islamic banks, from 7 Middle East countries for the period 2007 to 2011....

Our paper aims to examine whether voluntary risk disclosure in the annual report contains value-relevant information for investors to predict future earnings. We used a large-scale sample firms from MENA emerging markets. Our sample includes 809 yearobservations for the 3-year period, 2007–2009. Our study offers two significant contributions. First...

Our paper aims to examine whether voluntary risk disclosure in the annual report contains value-relevant information for investors to predict future earnings. We used a large-scale sample firms from MENA emerging markets. Our sample includes 809 yearobservations for the 3-year period, 2007–2009. Our study offers two significant contributions. First...

Our paper aims to examine whether voluntary risk disclosure in the annual report contains value-relevant information for investors to predict future earnings. We used a large-scale sample firms from MENA emerging markets. Our sample includes 809 yearobservations for the 3-year period, 2007–2009. Our study offers two significant contributions. First...

Our paper aims to examine whether voluntary risk disclosure in the annual report contains value-relevant information for investors to predict future earnings. We used a large-scale sample firms from MENA emerging markets. Our sample includes 809 yearobservations for the 3-year period, 2007–2009. Our study offers two significant contributions. First...

The purpose of this paper is to investigate how firm heterogeneity and outliers can affect the assessment of accounting conservatism in emerging markets. Prior studies use the well-known earnings to return model introduced by Basu (1997) to measure the extent of accounting conservatism. However, the majority of these studies ignore the possible pre...

Prior empirical studies have investigated the economic consequences of accounting conservatism by examining its impact on the cost of equity capital (COEC). However, findings are not conclusive. We assume that inconsistent results of such association may be attributed to the regression models used in data analysis. To address this issue, we reexami...

Prior empirical studies have investigated the economic consequences of accounting conservatism by examining its impact on the cost of equity capital (COEC). However, findings are not conclusive. We assume that inconsistent results of such association may be attributed to the regression models used in data analysis. To address this issue, we re-exam...

The purpose of this article is to investigate the economic consequences of accounting conservatism in the Middle Eastern and North African (MENA) region. In particular, motivated by the lack of such studies in the context of emerging countries, we empirically examine the effect of conditional conservatism on firms’ cost of equity capital. Using a s...

The purpose of this article is to investigate the economic consequences of accounting conservatism in the Middle Eastern and North African (MENA) region. In particular, motivated by the lack of such studies in the context of emerging countries, we empirically examine the effect of conditional conservatism on firms’ cost of equity capital. Using a s...

The purpose of this study is to examine the effect of mandatory adoption of International Financial Reporting Standards on the value relevance of earnings and the book value of equity. The evidence derived from the study suggested that despite the strength in the overall explanatory power of the model during the two periods, the role of EPS became...

Prior research reported that accounting conservatism has increased over time in developed countries. In this paper, we try to examine the time-series extent and shift of accounting conservatism in emerging countries over the period 2000-2012. We also analyze differences in conservatism level across countries, regions, legal regimes and industries a...

Purpose – The purpose of this paper is to study earnings management practices of Islamic banks and conventional banks in the Middle East region. First, the authors examine factors that may influence Islamic banks managers’ use of discretion in reporting loan loss provisions (LLP). Second, the authors investigate differences that may exist between I...

The paper aims at examining whether the return-future earnings relationship vary with corporate financial leverage, ownership structure and proprietary costs for a sample of 240 firms in the context of Middle Eastern and North African emerging markets. Our results emphasized first a negative association between share price anticipation of future ea...

Purpose – The purpose of this paper is to examine the impact of the board structure and process disclosure (henceforth BSPD) level on corporate performance, depending on the Anglophone vs Francophone business culture prevailing in African emerging markets. Design/methodology/approach – The BSPD score is measured by searching 220 annual reports (yea...

The purpose of this paper is to investigate factors that potentially influence earnings-management policy with reference to the Anglo-American and Euro-Continental accounting models. Canada and France, respectively, belong to those different socio-economic environments. Earnings-management practices detected in those countries are expected to be af...

Purpose – The purpose of this paper is to study earnings management practices of Islamic banks and conventional banks in the Middle East region. First, the authors examine factors that may influence Islamic banks managers’ use of discretion in reporting loan loss provisions (LLP). Second, the authors investigate differences that may exist between I...

The paper aims at examining whether the return-future earnings relationship vary with corporate financial leverage, ownership structure and proprietary costs for a sample of 240 firms in the context of Middle Eastern and North African emerging markets. Our results emphasized first a negative association between share price anticipation of future ea...

The purpose of this study is to investigate environmental disclosure determinants in Arab Middle Eastern and North African (MENA) companies. In this regard, we investigate factors which are specific to this context. We include the ‘business culture’ variable inherited from former colonisers and main economic partners and the ‘state ownership’ and ‘...

This work is aimed at examining the effect of corporate social disclosure of African companies to the stakeholders on firm performance. In this respect, some annual reports of 103 African companies have been analysed, using a coding instrument inspired from the work of Wiseman (1982) as well as those of Cormier and Magnan (2003). Actually, the achi...

Purpose – The purpose of this paper is to examine the impact of the board structure and process disclosure (henceforth BSPD) level on corporate performance, depending on the Anglophone vs Francophone business culture prevailing in African emerging markets. Design/methodology/approach – The BSPD score is measured by searching 220 annual reports (yea...

The objective of this study is to examine transparency and disclosure (henceforth T&D) determinants for Middle Eastern and North African (MENA) companies. Using a sample of 216 annual reports for companies followed by S&P/IFC and pertaining to 13 MENA emerging markets, we expect that the business milieu mostly inherited from the former British/Fren...

Purpose – This study examines country-level attributes that impact on Corporate Governance Disclosure (CGD) depending on the emerging market country's legal system.Methodology/approach – We evaluate CGD level using 749 annual reports (year ended 2006) in 57 emerging market countries. We develop a CGD determinants model that compares differences in...

Purpose – This study examines country-level attributes that impact on Corporate Governance Disclosure (CGD) depending on the emerging market country’s legal system. Methodology/approach – We evaluate CGD level using 749 annual reports (year ended 2006) in 57 emerging market countries.We develop a CGD determinants model that compares differences in...

The purpose of this paper is to investigate factors that potentially influence earnings-management policy with reference to the Anglo-American and Euro-Continental accounting models. Canada and France, respectively, belong to those different socio-economic environments. Earnings-management practices detected in those countries are expected to be af...

L'objectif de cet article est d'analyser l'impact des déterminants de la gestion des résultats en référence aux modèles comptables Anglo-américain et Euro-continental. La France et le Canada sont, respectivement, issus de deux environnements sociaux-économiques différents. La Tunisie a procédé à la réforme de son système comptable pour passer du mo...

The purpose of this study is to compare earnings management behaviour in two countries, Canada and France. These countries belong to two different accounting models. The accounting system in Canada is marked by a conceptual framework that safeguards shareholders' interests. Accounting values of flexibility and professionalism prevail overall in Ang...

L'incitation des dirigeants par les stock options peut - elle aboutir à un rapprochement des intérêts des dirigeants et des actionnaires ? et par la même agir sur la perfomance de la firme ? Cette étude porte sur un échantillon d'entreprises françaises de la SBF 120. Nous avons testé la relation entre la rémunération en stock options et la performa...