Half Title Page
ADVANCES IN MANAGEMENT ACCOUNTING
Series Page
ADVANCES IN MANAGEMENT ACCOUNTING
Series Editor: Chris Akroyd
Volumes 1–25: Marc J. Epstein and John Y. Lee
Volumes 26 and 27: Marc J. Epstein and Mary A. Malina
Volumes 28–30: Mary A. Malina
Volume 31: Laurie L. Burney and Mary A. Malina
Volume 32: Laurie L. Burney
Volumes 33–37: Chris Akroyd
Title Page
ADVANCES IN MANAGEMENT ACCOUNTING VOLUME 37
ADVANCES IN MANAGEMENT ACCOUNTING
EDITED BY
CHRIS AKROYD
University of Canterbury, New Zealand
United Kingdom – North America – Japan – India – Malaysia – China
Copyright Page
Emerald Publishing Limited
Emerald Publishing, Floor 5, Northspring, 21-23 Wellington Street, Leeds LS1 4DL.
First edition 2025
Editorial matter and selection © 2025 Chris Akroyd.
Published under exclusive licence.
Individual chapters © 2025 Emerald Publishing Limited.
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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters’ suitability and application and disclaims any warranties, express or implied, to their use.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
ISBN: 978-1-83662-491-2 (Print)
ISBN: 978-1-83662-490-5 (Online)
ISBN: 978-1-83662-492-9 (Epub)
ISSN: 1474-7871 (Series)
Contents
| List of Contributors | vii |
| Associate Editors and Editorial Board | ix |
| Statement of Purpose | xi |
| Manuscript Form Guidelines | xiii |
| Introduction | |
| Chris Akroyd | xiv |
| SPECIAL ISSUE PAPERS | |
| The Null Hypothesis Statistical Testing Paradigm Undermines Knowledge Acquisition in Management Accounting Research: It Needs to Be Abandoned | |
| R. Murray Lindsay | 1 |
| Going Beyond Lindsay’s Argument Pertaining to Null Hypothesis Significance Testing | |
| David Trafimow | 57 |
| The Lack of Reproducibility in Management Accounting Research: Blame It All on the NHST? | |
| Frank Hartmann and Thomas Niederkofler | 71 |
| Rethinking Null Hypothesis Significance Testing: Its Limitations, Alternative Approaches, and the Call for Change in Scientific Research | |
| Avishek Bhandari and Joanna Golden | 85 |
| Statistical Significance and Effect Size Tests in SEM: Common Method Bias and Strong Theorizing | |
| Ned Kock and Kevin E. Dow | 95 |
| Why the Null Hypothesis Statistical Testing Paradigm Is Not the Root Problem of the Replication Crisis | |
| Michael Falta | 107 |
| REGULAR ISSUE PAPERS | |
| The Moderating Role of Corporate Social Responsibility on Top Executive Compensation: Evidence from US Banks and Financial Institutions | |
| Mahfuja Malik and Eunsup Daniel Shim | 117 |
| Getting Better at Doing Good: Dealing with Ethical Dilemmas in Management Accounting | |
| Regina F. Bento and Lourdes F. White | 147 |
LIST OF CONTRIBUTORS
| Regina F. Bento | Merrick School of Business, University of Baltimore, USA |
| Avishek Bhandari | Department of Accounting, University of Wisconsin Whitewater, USA |
| Kevin E. Dow | Department of Accounting and Information Systems, The University of Texas at El Paso, USA |
| Michael Falta | Department of Accounting and Information Systems, University of Canterbury, New Zealand |
| Joanna Golden | Fogelman College of Business and Economics, University of Memphis, USA |
| Frank Hartmann | Institute of Management Research, Radboud University, The Netherlands |
| Ned Kock | A. R. Sanchez, Jr. School of Business, Texas A&M International University, USA |
| R. Murray Lindsay | Dhillon School of Business, University of Lethbridge, Canada |
| Mahfuja Malik | Department of Accounting and Information Systems, Sacred Heart University, USA |
| Thomas Niederkofler | Institute of Management Research, Radboud University, The Netherlands |
| Eunsup Daniel Shim | Martin V. Smith School of Business & Economics, California State University Channel Islands, USA |
| David Trafimow | Department of Psychology, New Mexico State University, USA |
| Lourdes F. White | Merrick School of Business, University of Baltimore, USA |
ASSOCIATE EDITORS
Kevin E. Dow
The University of Texas at El Paso, TX, USA
Andrea R. Drake
Louisiana Tech University, LA, USA
Jeffrey A. Wong
University of Nevada, Reno, NV, USA
EDITORIAL BOARD
Shannon W. Anderson
University of California Davis, USA
Romana Autrey
Willamette University, USA
Jan Bouwens
University of Amsterdam, The Netherlands
Laurie L. Burney (Past Editor)
Baylor University, USA
Clara X. Chen
University of Illinois, USA
Vincent K. Chong
The University of Western Australia, Australia
Martine Cools
Katholieke Universiteit Leuven, Belgium
Antonio Dávila
University of Navarra, Spain
Anderson Betti Frare
Federal University of Santa Maria, Brazil
Joanna Golden
The University of Memphis, USA
Wael Hadid
Brunel University London, UK
Frank G. H. Hartmann
Radboud University, The Netherlands
James W. Hesford
University of Missouri – St. Louis, USA
Robert Hutchinson
Michigan Tech University, USA
Takaharu Kawai
Doshisha University, Japan
Anne M. Lillis
University of Melbourne, Australia
Mary A. Malina (Past Editor)
University of Colorado at Denver, USA
Raj Mashruwala
University of Calgary, Canada
Ella Mae Matsumura
University of Wisconsin – Madison, USA
Lasse Mertins
Johns Hopkins University, USA
Lorenzo Patelli
University of Denver, USA
Sean A. Peffer
University of Kentucky, USA
Matthew Peters
University of Queensland, Australia
Arthur Posch
Universitat Bern, Switzerland
Frederick W. Rankin
Colorado State University, USA
Karen L. Sedatole
Emory University, USA
Nicole Sutton
University of Technology Sydney, Australia
Basil Tucker
University of South Australia, Australia
Michael Turner
University of Queensland, Australia
Lourdes F. White
University of Baltimore, USA
Sally K. Widener
Clemson University, USA
Chaminda Wijethilake
University of Essex, UK
Marc Wouters
Karlsruhe Institute of Technology, Germany
Dimitri Yatsenko
University of Wisconsin – Whitewater, USA
STATEMENT OF PURPOSE
Advances in Management Accounting (AIMA) is a publication of quality, theoretical, and applied research in management accounting. The journal’s purpose is to publish thought-provoking articles that advance knowledge in the management accounting discipline and are of interest to both academics and practitioners. The journal seeks thoughtful, well-developed articles on a variety of current topics in management accounting, broadly defined. All research methods including survey research, field tests, case studies, experiments, meta-analyses, and modelling are welcome. Some commentaries, research notes, and critiques will be included where appropriate.
Articles may range from purely empirical to purely theoretical, from practice-based applications to speculation on the development of new techniques and frameworks. Empirical articles must present sound research designs and well-explained execution. Theoretical articles must present reasonable assumptions and logical development of ideas. All articles should include well-defined problems, concise presentations, and succinct conclusions that follow logically from the data.
Review Procedures
AIMA intends to provide authors with timely reviews clearly indicating the acceptance status of their manuscripts. The results of initial reviews normally will be reported to authors within two to three months from the date the manuscript is received. The author will be expected to work with the Editor and Associate Editors, who will act as a liaison between the author and the reviewers to resolve areas of concern. To ensure publication, it is the author’s responsibility to make necessary revisions in a timely and satisfactory manner.
MANUSCRIPT FORM GUIDELINES
Manuscripts should include a cover page that indicates the author’s name and affiliation.
Manuscripts should include a separate lead page with an abstract (not to exceed 250 words) and six keywords, with references in APA 6th edition style (Google Scholar APA).
The author’s name and affiliation should not appear on the abstract.
Tables, figures, and exhibits should appear on a separate page. Each should be numbered and have a title.
To be assured of anonymous reviews, authors should not identify themselves directly or indirectly.
Manuscripts currently under review by other publications should not be submitted.
Authors should email the manuscript in two WORD files to the editor. The first attachment should include the title page with author details and the second should exclude the title page.
Inquiries concerning Advances in Management Accounting should be directed to:
Chris Akroyd at Advances.In.MA@Gmail.com
INTRODUCTION
This volume of Advances in Management Accounting (AIMA) includes a special issue on the null hypothesis statistical testing (NHST) paradigm. In the lead article, Professor R. Murray Lindsay argues how the NHST undermines knowledge acquisition in management accounting research and presents reasons why it needs to be abandoned. Following this invited paper, we have five commentaries by experts in statistics from various fields who give their thoughts on Lindsay’s arguments.
These special issue papers are then followed by two regular issue papers. The first by Shim and Malik examines the moderating role of corporate social responsibility on top executive compensation and provides evidence from US banks and financial institutions. The second paper by Bento and White presents an innovative experiential learning exercise dealing with ethical dilemmas in management accounting.
The eight articles in Volume 37 represent relevant, theoretically sound, and practical studies that extend our knowledge within the management accounting discipline. These articles manifest the journal’s commitment to providing a high level of contribution to management accounting research and practice.
Chris Akroyd
Editor
