Managerial Auditing Journal

Eran Vigoda‐Gadot

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543831

Public administration is incrementally moving on a reform track that leads from responsiveness to collaboration. Attempts to enrich the discussion on the current state of new managerialism in public administration and to explain why and how it makes progress towards higher levels of cooperation and collaboration with various social players such as the private sector, the third sector, and citizens. Argues that in the end this is a socially desirable trend with meaningful benefits that reach far beyond the important idea of responsiveness. The idea of “collaborative” administration thus challenges “responsive” public administration. Maintains that the collaborative model, whether bureaucracy‐driven, citizen‐driven, or private‐sector‐driven, is realistic and beneficial even if it cannot be fully applied. Goes on to describe two major experiences from the Israeli arena. Finally, summarizes the theoretical and practical experiences that can be learned from these ventures and elaborates on the future of collaboration in modern public administration.

O. Sallyanne Decker

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543840

This paper argues that when corporate social responsibility (CSR) is conceptualised pragmatically as a response by businesses to society's concerns it acts as an element of structural change with implications for the strategies of firms and ultimately for industry structure. Furthermore, industry specific aspects of CSR are important and governmental influences and financial regulation provide an added dimension to the impact of CSR on the financial services industry. As an element of structural change, CSR acts as an environmental discontinuity and forces firms to realign their positions within their operating environment. A structural change paradigm is developed to examine trends which are emerging within retail banking as a result of CSR. In the UK retail banking sector, the impact of CSR is increasingly manifest in the efforts to create a competitive advantage out of CSR strategies, the growing prominence of mutual financial institutions in government policy and collaborative efforts between a range of financial institutions.

Jyotirmoy Podder; Ashraf Al Mamun

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543859

This study examines the impact of making too much provision to write off bad loans by analyzing the consequences on tax and owners' equity. This study also examines that making too much provision has no relation to recovery of bad loans and so questions the rationality of making provision from current profit to write off loans in future. Provision can be kept on the current asset portion, that is, on interest receivable, and bad loans can be written off instantly from equity since it is a capital loss. Since making provision has no impact on collection of bad loans so as to improve the loan loss situation, loans becoming bad should be minimized at the least possible level, which will result in lower loan loss provision, which, in turn will increase the amount of tax payable as well as increase shareholders' wealth.

Anthony Emery; Michael Watson

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543868

Examines the emergence of environmental legislation and the response of organizations. Most legal academics have attempted to explain these responses in the context of rational choice theory, using an economic framework such as the rational polluter model. Argues that whilst the rational polluter model offers a partial explanation of organizations’ behaviour in response to environmental legislation, it does not explain why the majority of organizations are law abiding. Examines work on legitimacy theory, and by drawing on that work and placing it in the context of case law, suggests that it offers a better explanatory framework.

Michael Watson; Anthony R.T. Emery

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543877

Environmental management systems (EMS) first appeared in North America in the 1970s and are now widely used by commercial companies and other organisations in all parts of the developed world. Although various systems exist, the most important are ISO 14001 and the European Union's EMAS. This paper examines these systems, outlines their respective strengths and weaknesses, and discusses their varying popularity in different countries.

Mladen Stefanov Velev; Ivo Todorov Marinov

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543886

Focuses on the results of a study to define the level of Bulgarian enterprise marketing effectiveness. The main aim is not only to assess and analyze the marketing effectiveness of a great number of Bulgarian companies, but also to compare companies from diverse branches of the economy, search for the relation between their marketing effectiveness and companies’ financial results and present an analysis of basic weaknesses and their causes. The results clarify the real potential of enterprises to face market challenges and thus help complete the overall picture of the peculiarities of economies in transition. They will help researchers working on these problems, investors and business people (especially foreign) and Bulgarians may find out about the state of their companies and their management and direct their efforts in this area.

Md Zakir Hossain; M. Ishaq Bhatti; Md Zulficar Ali

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543895

Recently, Bhatti and Khan considered various functional forms to see their suitability in terms of efficiency and competency in assessing production process based on agricultural data. This paper reviews some models recently used in the literature and selects the most suitable one for measuring the production process of 21 major manufacturing industries in Bangladesh. In particular, the paper estimates and tests the coefficients of the production inputs for each of the selected manufacturing industries using Bangladesh Bureau of Statistics annual data over the period 1982‐1983 through 1991‐1992.

Isabel Gallego

2004 Managerial Auditing Journal

doi: 10.1108/02686900410543903

The relationship between accounting and fiscal rules has long been controversial. Financial statements conform to accounting principles and methods regardless of tax rules. This independence generates important permanent and temporary differences between accounting and taxable income. The paper analyses the behaviour of listed Spanish firms in this accounting‐taxation relationship 1996‐1998, the extent of introduction of the inter‐period income tax allocation method, and the number and types of permanent and temporary differences reported. Most firms adopt the income tax allocation method, and report the differences, although they do not always specify which transactions provoked them. Among the long list of operations that generate differences, the most frequent are income tax expense, welfare schemes, provision for pensions, monetary correction, accelerated depreciation, or exemption for reinvestment. Although the number and kind of differences vary through time, the variation is not statistically significant. This is the first study analysing such differences for a European Union state.