Preface to Afro-Asian Journal of Finance and Accounting

The recent challenge of the emerging markets calls for not only new approaches but also the investigation and development of management discipline based on changes in practices and expectations from diverse stakeholders surrounding business and public organisations. The aim of this special issue is to provide an outlet for papers discussing topics on how to manage financial and investment opportunities in emerging markets. Papers for this special issue are selected from International Conference on Management in Emerging Markets (ICMEM) 2016 in Bali on 10–12 August 2016 organised by the School of Business and Management Institut Teknologi Bandug in collaboration with Universiti Utara Malaysia and Naresuan University (Thailand). In the ‘The effect of audit committee characteristics on earnings management: the case of Indonesia’, Setiawan et al. investigate the effectiveness of audit committees in mitigating earnings management in the context of Indonesia. Results show that female member(s) of audit committee mitigate earnings management.