The Application of Empirical Study in Accounting Education: An Example of Internal Control and Cash Dividend

Lei Ruan; Chunyan Li

doi:10.12973/ejmste/78098

Full Text (PDF)

Lei Ruan ¹ ^* , Chunyan Li ¹

More Detail

¹ School of Business, Northeast Normal University, Changchun 130117, CHINA
^* Corresponding Author

Abstract

As an important development trend for accounting higher education, accounting empirical teaching plays a fundamental role in enriching and improving researching methods in accounting fields. This paper starts from the relationship between internal control and cash dividend policy, combines with author’s accounting teaching experience for years, follows the general research ideas of questions raising, questions analysis, questions solving, and from the aspects of theoretical analysis, literature review, research hypothesis, research methods, empirical process and results discussion to make a detail description on accounting empirical teaching methods and process. The results show that there is a significant positive correlation between internal control and cash dividend policy, and this kind of correlation shows different influence intensity according to the difference of company nature. Through the research of this paper, it can make the relevant educator further clarify the process and methods of the accounting classroom empirical teaching, which is of great significance to popularize and enhance the application of accounting empirical research methods in accounting field.

Keywords

empirical research
accounting education
internal control
cash dividend

License

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Article Type: Research Article

https://doi.org/10.12973/ejmste/78098

EURASIA J Math Sci Tech Ed, 2017 - Volume 13 Issue 10, pp. 6565-6578

Publication date: 29 Sep 2017

Article Views: 1876

Article Downloads: 2043

Open Access References How to cite this article

References

Adjaoud, F., & Ben-Amar, W. (2010). Corporate Governance and Dividend Policy: Shareholders’ Protection or Expropriation? Journal of Business Finance & Accounting, 37(5-6), 648–667. doi:10.1111/j.1468-5957.2000,10.02192.x.
Aharoni, Y. (1981). Note—Performance Evaluation of State-Owned Enterprises: A Process Perspective. Management Science, 27(11), 1340–1347. doi:10.1287/mnsc.27.11.1340.
Allen, F., Bernardo, A. E., & Welch, I. (2000). A Theory of Dividends Based on Tax Clienteles. The Journal of Finance, 55(6), 2499–2536. doi:10.1111/0022-1082.00298.
Apostolou, B., Dorminey, J. W., Hassell, J. M., & Rebele, J. E. (2017). Accounting education literature review (2016). Journal of Accounting Education, 39, 1–31. doi:10.1016/j.jaccedu.2017.03.001.
Baker, M., & Wurgler, J. (2004). Appearing and disappearing dividends: The link to catering incentives. Journal of Financial Economics, 73(2), 271–288. doi:10.1016/j.jfineco.2003.08.001.
Beatty, A., & Liao, S. (2014). Financial accounting in the banking industry: A review of the empirical literature. Journal of Accounting and Economics, 58(2-3), 339–383. doi:10.1016/j.jacceco.2014.08.009.
Black, F. (1976). The dividend puzzle. The Journal of Portfolio Management, 2(2), 5-8. doi:10.3905/jpm.1976.408558.
Bradford, W., Chen, C., & Zhu, S. (2013). Cash dividend policy, corporate pyramids, and ownership structure: Evidence from China. International Review of Economics & Finance, 27, 445–464. doi:10.1016/j.iref.2013.01.003.
Capalbo, F., Frino, A., Mollica, V., & Palumbo, R. (2014). Accrual-based earnings management in state owned companies. Accounting, Auditing & Accountability Journal, 27(6), 1026–1040. doi:10.1108/aaaj-06-2014-1744.
Cheng, M., Dhaliwal, D., & Zhang, Y. (2013). Does investment efficiency improve after the disclosure of material weaknesses in internal control over financial reporting? Journal of Accounting and Economics, 56(1), 1–18. doi:10.1016/j.jacceco.2013.03.001.
Fairchild, R. (2010). Dividend policy, signalling and free cash flow: an integrated approach. Managerial Finance, 36(5), 394–413. doi:10.1108/03074351011039427.
Farinha, J. (2003). Dividend Policy, Corporate Governance and the Managerial Entrenchment Hypothesis: An Empirical Analysis. Journal of Business Finance & Accounting, 30(9-10), 1173–1209. doi:10.1111/j.0306-686x.2003.05624.x.
Gao, W. & Wang W. (2017). The fifth geometric-arithmetic index of bridge graph and carbon nanocones. Journal of Difference Equations and Applications, 23(1-2SI), 100-109. doi:10.1080/10236198.2016.1197214.
Gassen, J. (2014). Causal inference in empirical archival financial accounting research. Accounting, Organizations and Society, 39(7), 535–544. doi:10.1016/j.aos.2013.10.004.
Ge, W., Koester, A., & McVay, S. (2017). Benefits and costs of Sarbanes-Oxley Section 404(b) exemption: Evidence from small firms’ internal control disclosures. Journal of Accounting and Economics, 63(2-3), 358–384. doi:10.1016/j.jacceco.2017.01.001.
Granger, C. W. J. (1969). Investigating Causal Relations by Econometric Models and Cross-spectral Methods. Econometrica, 37(3), 424–438. doi:10.2307/1912791.
Guo, X. (2011). Understanding Student Plagiarism: An Empirical Study in Accounting Education. Accounting Education, 20(1), 17–37. doi:10.1080/09639284.2010.534577.
Guo, Y., Huy, Q. N., & Xiao, Z. (2017). How middle managers manage the political environment to achieve market goals: Insights from China’s state-owned enterprises. Strategic Management Journal, 38(3), 676-696. doi:10.1002/smj.2515.
Huang, J. J., Shen, Y., & Sun, Q. (2011). Nonnegotiable shares, controlling shareholders, and dividend payments in China. Journal of Corporate Finance, 17(1), 122–133. doi:10.1016/j.jcorpfin.2010.09.007.
Jiraporn, P., & Ning, Y. (2006). Dividend Policy, Shareholder Rights, and Corporate Governance. SSRN Electronic Journal. doi:10.2139/ssrn.931290.
La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. W. (2000). Agency Problems and Dividend Policies around the World. The Journal of Finance, 55(1), 1–33. doi:10.1111/0022-1082.00199.
McPeak, D., Pincus, K. V., & Sundem, G. L. (2012). The International Accounting Education Standards Board: Influencing Global Accounting Education. Issues in Accounting Education, 27(3), 743–750. doi:10.2308/iace-50121.
Mitton, T. (2004). Corporate governance and dividend policy in emerging markets. Emerging Markets Review, 5(4), 409–426. doi:10.1016/j.ememar.2004.05.003.
Paisey, C., & Paisey, N. J. (2004). An analysis of accounting education research in accounting education: an international journal – 1992–2001. Accounting Education, 13(1), 69–99. doi:10.1080/0963928042000207396.
Pinkowitz, L., Stulz, R., & Williamson, R. (2006). Does the Contribution of Corporate Cash Holdings and Dividends to Firm Value Depend on Governance? A Cross-country Analysis. The Journal of Finance, 61(6), 2725–2751. doi:10.1111/j.1540-6261.2006.01003.x.
Powell, J. G., Qian, M., Shi, J., & Yan, W. (2012). The Chinese Cash and Stock Dividend Puzzles: Evidence from Joint Earnings and Dividend Announcements. SSRN Electronic Journal. doi:10.2139/ssrn.2135353.
Rebele, J. E., & St. Pierre, E. K. (2015). Stagnation in accounting education research. Journal of Accounting Education, 33(2), 128–137. doi:10.1016/j.jaccedu.2015.04.003.
Sawicki, J. (2009). Corporate governance and dividend policy in Southeast Asia pre- and post-crisis. The European Journal of Finance, 15(2), 211–230. doi:10.1080/13518470802604440.
Short, H., Zhang, H., & Keasey, K. (2002). The link between dividend policy and institutional ownership. Journal of Corporate Finance, 8(2), 105–122. doi:10.1016/s0929-1199(01)00030-x.
Tsai, F. (2017). An Investigation of Gender Differences in a Game-based Learning Environment with Different Game Modes. Eurasia Journal of Mathematics Science and Technology Education, 13(7), 3209-3226. doi:10.12973/eurasia.2017.00713a.
Yeh, Y. H. (2005). Do Controlling Shareholders Enhance Corporate Value? Corporate Governance, 13(2), 313–325. doi:10.1111/j.1467-8683.2005.00425.x.
Ying, Y. (2016). Internal Control Information Disclosure Quality, Agency Cost and Earnings Management—Based on the Empirical Data from 2011 to 2013. Modern Economy, 07(01), 64–70. doi:10.4236/me.2016.71007.
Yuan, K., Wu, T., Chen, H., & Li, Y. (2017). A Study on the Teachers’ Professional Knowledge and Competence in Environmental Education. Eurasia Journal of Mathematics Science and Technology Education, 13(7), 3163-3175. doi:10.12973/eurasia.2017.00710a.

How to cite this article

APA

Ruan, L., & Li, C. (2017). The Application of Empirical Study in Accounting Education: An Example of Internal Control and Cash Dividend. Eurasia Journal of Mathematics, Science and Technology Education, 13(10), 6565-6578. https://doi.org/10.12973/ejmste/78098

Vancouver

Ruan L, Li C. The Application of Empirical Study in Accounting Education: An Example of Internal Control and Cash Dividend. EURASIA J Math Sci Tech Ed. 2017;13(10):6565-78. https://doi.org/10.12973/ejmste/78098

AMA

Ruan L, Li C. The Application of Empirical Study in Accounting Education: An Example of Internal Control and Cash Dividend. EURASIA J Math Sci Tech Ed. 2017;13(10), 6565-6578. https://doi.org/10.12973/ejmste/78098

Chicago

Ruan, Lei, and Chunyan Li. "The Application of Empirical Study in Accounting Education: An Example of Internal Control and Cash Dividend". Eurasia Journal of Mathematics, Science and Technology Education 2017 13 no. 10 (2017): 6565-6578. https://doi.org/10.12973/ejmste/78098

Harvard

Ruan, L., and Li, C. (2017). The Application of Empirical Study in Accounting Education: An Example of Internal Control and Cash Dividend. Eurasia Journal of Mathematics, Science and Technology Education, 13(10), pp. 6565-6578. https://doi.org/10.12973/ejmste/78098

MLA

Ruan, Lei et al. "The Application of Empirical Study in Accounting Education: An Example of Internal Control and Cash Dividend". Eurasia Journal of Mathematics, Science and Technology Education, vol. 13, no. 10, 2017, pp. 6565-6578. https://doi.org/10.12973/ejmste/78098