Copernican Journal of Finance & Accounting <p>A professional forum of presentations and analyses of scientific papers in the scope of finance and accounting in the international dimension.</p> <p>The primary version of the Copernican Journal of Finance &amp; Accounting is the on-line version, however the Journal is available both in print and in electronic form.</p> <p>(e-ISSN: 2300-3065, p-ISSN 2300-1240)</p> <h1>Abstracting and Indexing Services</h1> <p>The Copernican Journal of Finance &amp; Accounting has DOI number and is covered by the following abstracting/indexing services:</p> <ul> <li><a href=""><span lang="EN-US">2019 Australian Business Deans Council (ABDC) Journal Quality List</span></a></li> <li><a href="">ARIANTA</a></li> <li><a href="">BazEkon</a></li> <li><a href="">CIRC (La Clasificación Integrada de Revistas Científicas)</a></li> <li><a href="">EBSCO</a></li> <li><a href="">ERIH PLUS</a></li> <li><a href="">Google Scholar</a></li> <li><a href=",p3779,3.html" target="_blank" rel="noopener">Index Copernicus</a> (ICV 2021: 100.00)</li> <li><a href="" target="_blank" rel="noopener">ProQuest</a></li> <li><a href="">RePEc</a> (Research Papers in Economics)</li> <li><a href=";sourceid=27251&amp;la=en&amp;fIDnum=|&amp;mode=simple">SHERPA / RoMEO</a></li> <li><a href="">Journal Digital Platform of Nicolaus Copernicus University</a> (Open Journal System)</li> <li><a href="">DOAJ</a></li> <li><strong>The journal is included in the list of scientific journals and peer-reviewed materials from international conferences of the Ministry of Education and Science (20 points).</strong></li> </ul> en-US (mgr Agnieszka Żołądkiewicz-Kuzioła) (Grzegorz Kopcewicz) Wed, 28 Dec 2022 10:44:32 +0100 OJS 60 EDITORIAL PAGES <p>.</p> . Copyright (c) 2022 Wed, 28 Dec 2022 00:00:00 +0100 EXAMINING THE RELATION BETWEEN MARKET VALUE AND CO2 EMISSION: STUDY OF INDIAN FIRMS <p>In the present era, sustainable business practices have become an important metric for measuring the organisational effectiveness. Shareholders have added sustainability as an important dimension of firms’ performance and consider it as value relevant for determining the market value of any company. Given the premises, present study examines the impact of CO2 emission on the market value of the firm (measured by market-to-book value ratio and Tobin’s Q ratio) in the context of a developing country. Current study is based on panel data of 230 firm-year observations collected from the annual report of Carbon Disclosure Project (CDP) and annual report of sample companies. Using panel least square regression analysis, the findings indicate significant adverse impact of CO2 emission on the firm value. In other words, shareholders assign negative value to higher discharge of carbon dioxide and reflect the same by lowering the market value of shares. Further, the results are checked for robustness using generalised method of moments (GMM) and the conclusions are found coinciding. Present findings have important implications for regulatory authorities, policy makers, and practicing managers.</p> Rajesh Desai, Avani Raval Copyright (c) 2022 Wed, 28 Dec 2022 00:00:00 +0100 USERS’ ENGAGEMENT IN BANKING ACTIVITIES ON SOCIAL MEDIA: A STUDY WITH REFERENCE TO FACEBOOK <p>This study was conducted to assess the users’ (customers’) engagement in Indian commercial banks on social media through customer reactions (likes, comments and shares) to the banking activities (banks’ Facebook page posts) on Facebook. The data was collected through Facebook for a period of five and half years (June 2016 to December 2021). This paper also found the presence of Indian commercial banks on various social media platforms. The results show that most of the commercial banks are present in popular social media platforms and all the banks are present on Facebook as well. With respect to users’ engagement in social media, private sector banks have more engaged users, especially in ICICI bank in comparison to public sector banks even though there are more public sector banks’ activities.</p> R. Mani, S. Thiyagarajan, N. Azhaguraja, S. Janakiraman Copyright (c) 2022 Wed, 28 Dec 2022 00:00:00 +0100 BOARD MEETING AND SUSTAINABILITY REPORTING OF BANKS IN NIGERIA <p>A board meeting is an avenue for directors of an organization to carry out their oversight and monitoring functions as well as discuss and meet the request and needs of the stakeholders. Corporate strategies of an organization are taken and implemented when board members meet. Leaning on this fact, this study examined the impact of board meetings on sustainability reporting in listed deposit money banks in Nigeria. A sample of ten (10) listed deposit money banks from 2014 to 2020 was conveniently selected. Descriptive and inferential statistics (panel least squares and logistic regression) was employed to summarize the data and to draw an inference on the population studied. Results from both the panel least squares regression and the binary logit regression revealed that board meetings have no significant impact on sustainability reporting of listed deposit money banks in Nigeria after controlling corporate administration and firm-level attributes. The study concluded that board meetings do not have an impact on sustainability reporting influences sustainability reporting of listed deposit money banks in Nigeria. The study recommends that issues on sustainability should be discussed in the board meeting frequently.</p> Nusirat Ojuolape Gold, Hope Osayantin Aifuwa Copyright (c) 2022 Wed, 28 Dec 2022 00:00:00 +0100 BOARD GENDER DIVERSITY, FIRM PERFORMANCE AND FIRM RISK: A LITERATURE SURVEY <p>In this paper, we conduct a succinct review of literature to understand the impact of board gender diversity on firm performance and firm risk. The review indicates that the effect of gender diversity on firm performance and firm risk is inconclusive. Many studies indicate presence of a positive association between a firm’s board gender diversity and its value, while others document a negative relation, and still some showing that there is no significant relation between gender diversity and firm’s performance and risk. We recommend that there is a vast scope for research in this area, especially in the context of emerging countries to more broadly analyze the relation between a firm’s board gender diversity, and its performance and risk.</p> Geeta Singh, Rishi Dwesar Copyright (c) 2022 Wed, 28 Dec 2022 00:00:00 +0100 KAZAKHSTAN AND ITS INVESTMENT DEVELOPMENT PATH <p>Historically, it turned out that the state cannot successfully develop without integration into the global economy. Although such integration is often associated with risks and high costs, these short-term factors overlap with long-term benefits. Foreign direct investment (FDI) is a criterion for this integration, and over the past 30 years, policies in developing countries have been increasingly focused on attracting them. This article attempts to explore the theory of investment development path (IDP according to Dunnings’s theory) of Kazakhstan which economy was considered as transitional, and its key component, the net external investment position, the starting point for data analysis is the beginning of Kazakhstan’s transition to the market system in 1991. The objective of the article is to identify at which stage Kazakhstan is situated. Many studies have been conducted among Western scientists and so far, not a single one among Kazakh scientists. The research was conducted empirically with data mainly from periodic reports published by the United Nations Confederation for Trade and Development (UNCTAD) entitled World Investment Report and studies by the National Bank of Kazakhstan. During the research, the author found out that Kazakhstan is in the second stage of its investment development path. The outcome of the research can be used in the work of state ministries of departments and in the teaching of economic disciplines on investment activities.</p> Adil Zhubikenov Copyright (c) 2022 Wed, 28 Dec 2022 00:00:00 +0100 FOR AUTHORS <p>.</p> . Copyright (c) 2022 Wed, 28 Dec 2022 00:00:00 +0100