Asian Journal of Economics, Business and Accounting https://journalajeba.com/index.php/AJEBA <p style="text-align: justify;"><strong>Asian Journal of Economics, Business and Accounting (ISSN: 2456-639X)</strong> aims to publish high quality papers (<a href="/index.php/AJEBA/general-guideline-for-authors">Click here for Types of paper</a>) in all areas of ‘Economics, Business, Finance and Accounting’. This journal facilitates the research and wishes to publish papers as long as they are technically correct, scientifically motivated.</p> SCIENCEDOMAIN international en-US Asian Journal of Economics, Business and Accounting 2456-639X The Impact of Industrial Sector on the Application of the Six Capitals Model in Integrated Reporting: A Case Study of Zimbabwe https://journalajeba.com/index.php/AJEBA/article/view/30226 <p>The introduction of the six capitals models in integrated reporting brought about more disclosure in corporate reports for the benefit of the stakeholders. As an extension of the study done on the application of these capitals by the companies listed on the Zimbabwean stock exchange, this study is an investigation into the impact of industrial sector on the application of the six capitals model in integrated reporting. The study is a qualitative study that uses content analysis. The study is intended to benefit the preparers of financial reports, investors, and other stakeholders. The results showed that, the 13 sectors represented by the 20 companies reported on financial and manufactured capital. Financial, manufactured, and human capitals were the most reported capitals respectively while the lowly reported capitals were social and relationship, natural, and intellectual capital. Further analysis of data revealed that industrial sector did not only have an influence on the application of the six capitals, but had an influence on the kind of capital the sector reported the most. Recommendations are then made for the six capitals to be promoted across all industrial sectors through seminars.</p> Dumisani Rumbidzai Muzira ##submission.copyrightStatement## 2020-06-27 2020-06-27 1 7 10.9734/ajeba/2020/v16i130226 Sustainability Reporting: Imperative for Turnover Growth https://journalajeba.com/index.php/AJEBA/article/view/30227 <p>Growth in revenue of firms is an indicator to stakeholders that the firm is improving. Thus, creating the need for firms to ensure a continuous increase in their turnover. This study examined the effect of sustainability reporting on turnover growth of quoted companies in Nigeria. The study adopted an ex-post facto research design with 167 listed firms as the population. 28 quoted firms were chosen with the use of purposive sampling. Data from 2009 to 2018 were obtained from secondary sources. Content analysis was employed as a tool to analyse the disclosures in sustainability reports. The model was estimated using Pooled OLS (multivariate regression). Company age and financial leverage were used as control variables. The study found that the compliance level of the sampled firms with sustainability reporting requirements for the four dimensions are below average, however, sustainability reporting has a significant effect on turnover growth with Prob. (F-stat) of 0.0463&lt;0.05. Therefore, the study recommends that management of firms should intensity efforts to ensure maximum compliance with GRI sustainability guidelines.</p> Adegbie Folajimi Festus Akintoye Ishola Rufus Taiwo Oluwasikemi Janet ##submission.copyrightStatement## 2020-06-29 2020-06-29 8 18 10.9734/ajeba/2020/v16i130227 Environmental Liability Provisions and Earnings Persistence of Oil Firms in Nigeria https://journalajeba.com/index.php/AJEBA/article/view/30229 <p>The purpose of this study is to examine whether provision for environmental liability is associated with earnings persistence of oil firms in Nigeria. The study also examines whether changes in provision for environmental liability is associated with earnings quality. Data from four oil firms for the period 2012 to 2018 were analysed using ordinary least square regression with robust standard errors. Two hypotheses formulated for the study were tested by regressing future earnings on current earnings and other variables. Results showed that environmental liability provisions were not significantly related to earnings persistence. Changes in these provisions were also insignificantly related to earnings quality. The evidence supports institutional theory as basis for explaining the relationship between environmental liability provisions and earnings quality in Nigeria; indicating that the relationship is not driven by ethical considerations or stakeholder concern. There is need for a legal framework for environmental financial reporting in Nigeria to ensure that the environmental obligations of all polluting firms are adequately accounted for, and earnings numbers are ethically reported.</p> Gospel J. Chukwu Hwerien Rosemary Idamoyibo Monday M. Akunna ##submission.copyrightStatement## 2020-07-02 2020-07-02 29 40 10.9734/ajeba/2020/v16i130229 Carpet Weaving Occupation in Kashmir: An Analysis of Socio-economic Conditions of Carpet Weavers of Pulwama District https://journalajeba.com/index.php/AJEBA/article/view/30230 <p>The carpet industry of Kashmir occupies an important place in handicrafts. The carpet Industry plays a significant role in the economic development of the rural areas. Carpet weaving in Kashmir is largely practiced in the informal sector. It contributes significantly by providing employment opportunities to the rural people in Kashmir. The present paper attempts to make an in depth study of socio-economic conditions, problems and challenges of carpet weavers in Pulwama district of Jammu and Kashmir. The study is based on both, primary and secondary data sources. The primary data is gathered through interview schedule. The study revealed that the situation of carpet weavers is not satisfactory due to low education level, health issues, low wages, lack of government support and exploitation by the middleman/master weaver.</p> Ishfaq Majeed Mohammad Swalehin ##submission.copyrightStatement## 2020-07-09 2020-07-09 41 49 10.9734/ajeba/2020/v16i130230 Which is a Better Method for Reporting Cash Flows from Operating Activities-Direct or Indirect Method? https://journalajeba.com/index.php/AJEBA/article/view/30228 <p>This paper is a response to the ongoing debate in the accounting profession on whether the direct method is better than the indirect method when reporting cash flows from operating activities. The debate has its roots from the standard setters who prefer the direct method and are even debating on whether to make the direct method mandatory. The contention being that the direct method is a better method than the indirect method when reporting cash flows from operating activities since the disaggregation of its components suggests more disclosure. More disclosure in financial statements has been a cry from the financial statement users such as the creditors and investors. This qualitative argument will therefore show the merits of both the direct and the indirect&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;method before getting to a conclusion on which method is better than the other. Further, it is a contribution to the ongoing debate in the accounting profession that can guide the standard setters as they deliberate on the possibility of making the direct method mandatory. In addition, a contention map and an argument map are used as roadmaps of the ideas being discussed in this study.</p> Dumisani Rumbidzai Muzira ##submission.copyrightStatement## 2020-06-30 2020-06-30 19 28 10.9734/ajeba/2020/v16i130228