Chartered Association of Business Administrators

Click on the icon below to download the latest version of Adobe Acrobat Reader.

Management Today -October/December 2009 - Issue 4

The image of accountants: from bean counters to extreme accountantsThe role of the accountant is traditionally characterised by objectivity, emotional detachment, soberness and attention to fine detail. Accordingly, the stereotypical
image of accounting as boring and accountants as uninteresting and dull seems to have become commonly held.

Islamic financial product innovationThe Islamic finance industry is a relatively new entrant to the world of finance because
its operating principles differ from the conventional finance xmodes of operation traditionally practiced in the West.

Embedding corporate responsibility and sustainability – everybody’s businessThe world is changing dramatically. The current financial and economic crises are accelerating the shift of commercial and political power eastwards. The sustainability crisis exemplified by rapid climate change, water shortages, loss of bio-diversity, resource depletion and pollution is intensifying.

The institutional pillars of management accounting functionAccountants, researchers and consultants have sought to develop different kinds of advanced management accounting innovations and systems, i.e. those that could cope
with the needs of today’s business managers in an increasingly turbulent, global and technology-driven world.

From risk management to citizenship corporate social responsibility: analysis of strategic drivers of changeIn the current climate of heightened scrutiny of corporate behavior (Basu and Palazzo, 2008; Waddock, 2000) and increasing demand for corporate social responsibility (CSR) programs by consumers and investors, there is greater need for conceptual
robustness in order to move CSR beyond the purely normative perspective and towards a more strategic understanding of social and environmental issue management (Basu and Palazzo, 2008.

Sell-offs, internal capital markets, and long run performance: Canadian evidence Throughout the 1990s, selling off large corporate subsidiaries as a form of business
restructuring became increasingly common among both North American and European corporations.