Dr Karen Handley
Senior Lecturer
Newcastle Business School (Accounting and Finance)
- Email:karen.handley@newcastle.edu.au
- Phone:(02) 4349 4468
Career Summary
Biography
Karen Handley is motivated to study small business management and the impact of regulatory burdens on these businesses because these areas are critical to the survival of more than 75% of small businesses operating in Australia and other parts of the world.
Karen's research interests include governance, standard setting and management of Small and Medium-sized Entities. At the University of Newcastle, she has held senior leadership positions in the College of Human and Social Futures (Assistant Dean - Transnational Education), the Faculty of Business and Law (Assistant Dean International) and the Newcastle Business School (Director - International).
Karen's academic expertise is underpinned by a PhD in Accounting from Macquarie University (Australia), a Master of Business Administration (Gold Medal) from the University of Cape Town (South Africa) and a Bachelor of Science (Hons) in Information Processing (Academic Honours) from Rhodes University (South Africa). Karen's teaching and research interests coincide and she has taught in financial accounting, finance and management at the University of Newcastle (Australia), Macquarie University and the University of Victoria (BC, Canada). She has published articles in high quality peer reviewed journals, book chapters and a research monograph. Karen has been awarded research grants totaling over $330,000 in the last 10 years. The most recent grants were awarded by the Chartered Institute of Management Accountants (CIMA) in 2023, AFAANZ in 2022 and the NSW State Insurance Regulatory Authority in 2020. In 2023, Karen was a Visiting Professor at the University of Urbino in Italy.
Prior to a career in academe, Karen was a small business owner and an information systems Project Manager. Karen utilizes her advanced computer literacy and proficiency in use of analytical tools for both qualitative and quantitative research.
Qualifications
- Doctor of Philosophy, Macquarie University
- Bachelor of Science (Information Processing), Rhodes University
- Master of Business Administration, University of Cape Town - South Africa
Keywords
- Accounting Standards
- Corporate Governance
- Intellectual Capital
- SMEs
- Small Business Owners
- Social Impact
- Work-life balance
Languages
- English (Mother)
- Afrikaans (Working)
Fields of Research
Code | Description | Percentage |
---|---|---|
350101 | Accounting theory and standards | 40 |
350701 | Corporate governance | 30 |
350716 | Small business organisation and management | 30 |
Professional Experience
UON Appointment
Title | Organisation / Department |
---|---|
Senior Lecturer | University of Newcastle Newcastle Business School Australia |
Academic appointment
Dates | Title | Organisation / Department |
---|---|---|
1/8/2023 - 31/12/2023 | Director - International | Newcastle Business School | University of Newcastle | Australia Australia |
7/4/2023 - 31/12/2023 | Visiting Professor and Visiting Researcher | University of Urbino Italy |
1/1/2021 - 31/12/2022 | Assistant Dean Transnational Education | College of Human and Social Futures | University of Newcastle Australia |
3/3/2020 - 31/12/2020 |
Associate Professor and Assistant Dean International - Strategy and Programs Associate Professor Karen Handley is the Assistant Dean International - Strategy and Programs in the Faculty of Business and Law at the University of Newcastle. |
Faculty of Business and Law, University of Newcastle PVC Office, Faculty of Business and Law Australia |
4/2/2019 - | Senior Lecturer | Faculty of Business & Law, The University of Newcastle Newcastle Business School Australia |
27/5/2013 - 26/5/2017 | Postdoctoral Research Fellow | Macquarie University Department of Accounting and Corporate Governance Australia |
Awards
Member
Year | Award |
---|---|
2019 |
Academic Advisory Panel of Australian Accounting Standards Board Member Australian Accounting Standards Board |
Prize
Year | Award |
---|---|
2020 |
Faculty of Business and Law, Excellence in Teaching Award for an Individual Faculty of Business and Law, University of Newcastle |
Teaching
Code | Course | Role | Duration |
---|---|---|---|
GSBS6130 |
Corporate Finance Faculty of Business and Law University of Newcastle |
Course Coordinator | 4/9/2017 - 3/11/2017 |
ACFI3001 |
Accounting Theory Newcastle Business School | University of Newcastle | Australia |
Course Coordinator and Lecturer | 1/1/2021 - 30/6/2021 |
ACFI3009 |
Contemporary Accounting Issues Newcastle Business School | University of Newcastle | Australia |
Course Coordinator and Lecturer | 1/7/2022 - 31/12/2022 |
ACFI3000 |
Contemporary Accounting Issues Faculty of Business and Law University of Newcastle |
Course coordinator | 8/1/2018 - 13/4/2018 |
ACFI3009 |
Contemporary Accounting Issues Newcastle Business School | University of Newcastle | Australia |
Course Coordinator and Lecturer | 1/1/2021 - 31/12/2021 |
GSBS6200 |
Financial and Management Accounting Newcastle Business School | University of Newcastle | Australia |
Course Coordinator and Lecturer | 21/8/2023 - 31/12/2023 |
ACFI3001 |
Accounting Theory Faculty of Business & Law, The University of Newcastle |
Lecturer and coordinator | 10/1/2018 - 7/2/2018 |
ACFI3009 |
Contemporary Accounting Issues Faculty of Business & Law, The University of Newcastle |
Coordinator and lecturer | 26/2/2019 - 30/6/2020 |
GSBS6200 |
Financial and Management Accounting Faculty of Business and Law University of Newcastle |
Coordinator and lecturer | 22/5/2018 - 7/8/2018 |
ACFI3000 |
Contemporary Accounting Issues Faculty of Business and Law University of Newcastle |
Coordinator and lecturer | 1/3/2018 - 7/6/2018 |
ACFI3001 |
Accounting Theory Newcastle Business School - The University of Newcaslte |
ACFI3001 - Accounting Theory | 1/2/2017 - 30/6/2020 |
GSBS6484 |
Corporate Governance and Social Responsibility Newcastle Business School | University of Newcastle | Australia |
Course Coordinator and Lecturer | 21/8/2023 - 31/12/2023 |
ACFI3006 |
Personal Financial Planning Faculty of Business & Law, The University of Newcastle |
Course Coordinator | 24/7/2017 - 30/10/2017 |
ACFI3000 |
Contemporary Accounting Issues Faculty of Business & Law, The University of Newcastle |
Coordinator and lecturer | 30/7/2018 - 5/11/2018 |
Publications
For publications that are currently unpublished or in-press, details are shown in italics.
Book (1 outputs)
Year | Citation | Altmetrics | Link |
---|---|---|---|
2014 | Hutchinson M, Handley K, University M, A Humane Reckoning From Accounting to Accountability at Macquarie, 1964 - 2014 (2014) |
Chapter (4 outputs)
Year | Citation | Altmetrics | Link | |||||
---|---|---|---|---|---|---|---|---|
2017 | Handley KL, McGrath-Champ S, Leung P, 'A New way of working: Flexibility and work-life balance in the Accounting Profession in Australia', Anywhere Working and the New Era of Telecommuting, IGI Global, Sydney 113-143 (2017) [B1] | |||||||
2017 |
Handley KL, Ross-Smith A, Wright S, 'The Same or Different: How women have become included in corporate leadership in Australia', Inclusive Leadership: Negotiating Gendered Spaces, Palgrave Macmillan, Sydney, N.S.W. 93-124 (2017) [B1]
|
Nova | ||||||
2017 |
Handley K, McGrath-Champ S, Leung P, 'A new way of working: Flexibility and work-life balance in the accounting profession in Australia', Anywhere Working and the New Era of Telecommuting, IGI Global, Hershey, PA. 113-143 (2017)
|
|||||||
Show 1 more chapter |
Journal article (9 outputs)
Year | Citation | Altmetrics | Link | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2022 |
Handley K, Molloy C, 'SME corporate governance: a literature review of informal mechanisms for governance', Meditari Accountancy Research, 30 310-333 (2022) [C1] Purpose: This paper takes a structured literature review (SLR) approach to identify gaps in the literature and suggest future research opportunities. It focuses on corporate gover... [more] Purpose: This paper takes a structured literature review (SLR) approach to identify gaps in the literature and suggest future research opportunities. It focuses on corporate governance (CG) performed outside the formal board of directors¿ structure and examines research of alternative CG of small and medium-sized entities (SMEs). Design/methodology/approach: The authors use the SLR method to search the Scopus database, extracting and synthesising findings relating specifically to SMEs¿ CG. These are tabulated and described using bibliometric software. Findings: The authors highlight an absence of tailored theoretical approaches to understanding CG in SMEs, which differs from the governance of larger entities. They also find evidence of alternative governance structures in SME CG. Research limitations/implications: Further research should embrace management and other theoretical perspectives and expanded methodologies, nuances in understanding offered in contextualised settings and awareness of practical implications to better understand the specific setting of CG in SMEs. Practical implications: SMEs seek to access the scarce resources and skills external to their formal CG structures. Regulators and resource providers should mobilise facilitation and training for this expansion. Originality/value: The authors synthesise a large body of literature to extract findings specific to SMEs. A unique contribution is our focus on alternative forms of CG in SMEs. Evidence of alternative boards points to resolutions for human capital shortages in SMEs.
|
Nova | |||||||||
2022 |
Bose S, Hossain S, Sobhan A, Handley K, 'Does Female Participation in Strategic Decision-Making Roles Matter for Corporate Social Responsibility Performance?', Accounting and Finance (ABDC Rank: A), 62 4109-4156 (2022) [C1]
|
Nova | |||||||||
2021 |
Handley K, den Outer B, 'Narrating 'potential': older knowledge workers' anticipatory narratives about their future employment', AGEING & SOCIETY, 41 2375-2395 (2021) [C1]
|
||||||||||
2020 |
Handley K, Evans E, Wright S, 'Understanding participation in accounting standard-setting: the case of
|
Nova | |||||||||
2018 |
Michels N, Beresford R, Beresford K, Handley K, 'From fluctuation and fragility to innovation and sustainability: The role of a member network in UK enterprise education', INDUSTRY AND HIGHER EDUCATION, 32 438-450 (2018)
|
||||||||||
2015 |
Islam MA, Haque S, Dissanayake T, Leung P, Handley K, 'Corporate Disclosure in Relation to Combating Corporate Bribery: A Case Study of Two Chinese Telecommunications Companies', Australian Accounting Review, 25 309-326 (2015) This paper investigates the association between global community concerns about bribery activities and anti-bribery disclosure practices by two Chinese telecommunication companies... [more] This paper investigates the association between global community concerns about bribery activities and anti-bribery disclosure practices by two Chinese telecommunication companies operating internationally, namely China Mobile and ZTE. Based on content analysis of annual reports and global news media articles over a period of 16years from 1995-2010, the findings suggest that the changes in the level of disclosures by the two major Chinese telecommunications companies were closely associated with the level of international concerns over bribery practices within the Chinese telecommunications industry. This finding indicates that the companies adopt anti-bribery disclosure practices in order to minimise the gap of trust (social capital) between companies themselves and global stakeholders. In this paper we argue that, for domestic companies in China, culturally constructed social capital, such as guanxi, creates a level of trust between managers and their stakeholders, which obviates the need for managers to disclose anti-bribery performance information. However, for companies operating internationally, as social capital is inadequate to bridge the gap of trust between managers and global stakeholders, managers use disclosures of anti-bribery performance information as a way to minimise such a gap.
|
||||||||||
Show 6 more journal articles |
Conference (1 outputs)
Year | Citation | Altmetrics | Link |
---|---|---|---|
2018 | Handley K, Wright S, Ross-Smith A, 'A comparison of the profiles of new male and female directors: An Australian case study', A comparison of the profiles of new male and female directors: An Australian case study, Melbourne, Australia (2018) |
Media (1 outputs)
Year | Citation | Altmetrics | Link |
---|---|---|---|
2017 | Handley KL, 'Flexible working in the accounting profession: Should accounting firms be doing more to enable employees to embrace flexible working arrangements?', (2017) |
Report (7 outputs)
Year | Citation | Altmetrics | Link | ||
---|---|---|---|---|---|
2021 | Handley K, Wright S, Niass J, 'AASB Research Report 16: FINANCIAL REPORTING BY NON-CORPORATE OR SMALL ENTITIES', Australian Accounting Standards Board (2021) | ||||
2021 |
Molloy C, Handley K, Faulkner L, 'COVID-19 and small business owners', NSW State Insurance Regulatory Authority (2021)
|
||||
2021 |
Faulkner L, Molloy C, Handley K, 'When size matters: Creating mentally health workplaces', NSW State Insurance Regulatory Authority (2021)
|
||||
Show 4 more reports |
Grants and Funding
Summary
Number of grants | 9 |
---|---|
Total funding | $249,142 |
Click on a grant title below to expand the full details for that specific grant.
Highlighted grants and funding
SMEs and return to work post-COVID-19$144,388
Funding body: State Insurance Regulatory Authority
Funding body | State Insurance Regulatory Authority |
---|---|
Project Team | Doctor Karen Handley, Doctor Courtney Molloy |
Scheme | Research Consultancy Agreement |
Role | Lead |
Funding Start | 2020 |
Funding Finish | 2022 |
GNo | G2000830 |
Type Of Funding | C2400 – Aust StateTerritoryLocal – Other |
Category | 2400 |
UON | Y |
20231 grants / $9,894
Financial forecasting and entrepreneurial adaptability in Australian small businesses$9,894
Funding body: College of Human and Social Futures | University of Newcastle
Funding body | College of Human and Social Futures | University of Newcastle |
---|---|
Project Team | Sammy Ying (Lead) Karen Handley (Co-Investigator) |
Scheme | CHSF - Pilot Research Scheme: Projects, Pivots, Partnerships |
Role | Investigator |
Funding Start | 2023 |
Funding Finish | 2023 |
GNo | |
Type Of Funding | Internal |
Category | INTE |
UON | N |
20222 grants / $7,500
Psychological wellbeing of accounting professionals: The role of job demands and resources in the post-pandemic workplace$5,000
Funding body: Accounting & Finance Association of Australia and New Zealand Ltd
Funding body | Accounting & Finance Association of Australia and New Zealand Ltd |
---|---|
Project Team | Doctor Sammy Ying, Doctor Karen Handley, Ms Jackie Yong |
Scheme | Research Grant |
Role | Investigator |
Funding Start | 2022 |
Funding Finish | 2022 |
GNo | G2200069 |
Type Of Funding | C1700 - Aust Competitive - Other |
Category | 1700 |
UON | Y |
CHSF Conference Travel Grant$2,500
Funding body: College of Human and Social Futures | University of Newcastle
Funding body | College of Human and Social Futures | University of Newcastle |
---|---|
Scheme | CHSF - Conference Travel Scheme |
Role | Lead |
Funding Start | 2022 |
Funding Finish | 2022 |
GNo | |
Type Of Funding | Internal |
Category | INTE |
UON | N |
20202 grants / $179,156
SMEs and return to work post-COVID-19$144,388
Funding body: State Insurance Regulatory Authority
Funding body | State Insurance Regulatory Authority |
---|---|
Project Team | Doctor Karen Handley, Doctor Courtney Molloy |
Scheme | Research Consultancy Agreement |
Role | Lead |
Funding Start | 2020 |
Funding Finish | 2022 |
GNo | G2000830 |
Type Of Funding | C2400 – Aust StateTerritoryLocal – Other |
Category | 2400 |
UON | Y |
Mental Health in micro business owners$34,768
Funding body: NSW State Insurance Regulatory Authority
Funding body | NSW State Insurance Regulatory Authority |
---|---|
Project Team | Doctor Karen Handley, Mrs Leanne Faulkner, Associate Professor Suzanne Ryan, Doctor Courtney Molloy |
Scheme | Prequalification Scheme: Performance and Management Services |
Role | Lead |
Funding Start | 2020 |
Funding Finish | 2021 |
GNo | G2000834 |
Type Of Funding | C1600 - Aust Competitive - StateTerritory Govt |
Category | 1600 |
UON | Y |
20191 grants / $5,000
Understanding the social impact of an industry organisation in shaping regional collaboration and capability$5,000
Funding body: Central Coast Industry Connect Ltd
Funding body | Central Coast Industry Connect Ltd |
---|---|
Project Team | Doctor Karen Handley, Doctor Courtney Molloy |
Scheme | Research Project |
Role | Lead |
Funding Start | 2019 |
Funding Finish | 2019 |
GNo | G1900574 |
Type Of Funding | C3100 – Aust For Profit |
Category | 3100 |
UON | Y |
20161 grants / $20,000
Accounting for Intangibles in SMEs$20,000
Funding body: PKF Australia
Funding body | PKF Australia |
---|---|
Project Team | Dr John Dumay, Dr Karen Handley |
Scheme | Research grant |
Role | Investigator |
Funding Start | 2016 |
Funding Finish | 2016 |
GNo | |
Type Of Funding | External |
Category | EXTE |
UON | N |
20141 grants / $20,592
Determining viable thresholds for SME reporting in Australia$20,592
Financial reporting for unlisted entities in Australia is unique in the world, and has been the subject of change and uncertainty regarding future change in recent years. One of the future changes is the proposed removal of the reporting entity concept, which currently determines the requirements for financial reporting for unlisted entities (Hamidi-Ravari, 2014). The reporting entity concept allows companies to self-assess whether there are users of their financial statements and, if not, to produce Special Purpose Financial Statements (SPFS) rather than General Purpose Financial Statements (GPFS). This translates directly into lower costs for those entities producing SPFS, because GPFS require compliance with IFRS measurement and recognition principles.
In the absence of the reporting entity concept, regulators will be required to provide directives regarding which entities should produce GPFS. The determination of these directives is difficult. Some suggestions already appear in AASB documents. First, SAC1 includes some guidance for entities that are uncertain about the existence of users. These indicators include financial characteristics, the separation of management and ownership interest and economic or political importance. Research commissioned by the AASB and ASIC indicates inconsistent interpretation of these principles in practice. Second, ITC12 suggests defined thresholds relating to turnover and assets (AASB, 2007). This approach was not repeated in ED192 after criticism from practitioners (AASB, 2009). Third, ITC12 suggests that a measure of ‘public accountability’ could be tied to the publishing of financial statements on a website or filing with ASIC. Filing with ASIC translates to a size measure as well, as the Corporations Act 2001 stipulates that filing is linked to thresholds determined by turnover, assets and number of employees. In addition, these thresholds have not been revised for quite some time. Whatever new thresholds are set by the regulators in the absence of the reporting entity concept, some entities that previously produced SPFS are likely to have to now produce GPFS, resulting in an increased cost burden for these entities.
In addition, very little is known about Australian unlisted entities. This is because their financial statements are expensive to source, as ASIC charges a fee for access. The cost puts access to a viable dataset for empirical research beyond the reach of most university research teams, and manual coding from PDF reports adds to this burden. To support this research project, the Faculty of Business and Economics at Macquarie University has agreed to purchase a single-year sample of financial data for 2000 unlisted companies from Dun and Bradstreet. We will augment this by accessing company websites and publicly available documents. Using this data, this project then seeks to empirically and systematically investigate the possible thresholds to use as triggers for different reporting standards in the place of the reporting entity concept. In an adaptation of a study by Eirle and Helduser (2013), different criteria that should signal the existence of external users are statistically tested against potential thresholds to find those that are significantly related. The research question that will be examined in this study is ‘How effectively do different criteria capture likely users of financial reports?’
References:
AASB, 2007. ITC 12 - Request for comment on a proposed revised differential reporting regime for Australia and IASB Exposure draft of a proposed IFRS for small and medium-sized entities. Available: http://www.aasb.com.au/search-result.aspx?search=gefl%C2%9Dk%C2%A0%C2%99%C2%A6%C2%95%C2%9C%C2%A9a%60s%C2%AF%C2%9Aa%C2%A9}%C2%89%C2%B0IY\ [Accessed 13 July 2009].
AASB, 2009. Differential financial reporting - Reducing disclosure requirements. Available: http://www.aasb.gov.au/admin/file/content105/c9/AASB_Consultation_Paper.pdf [Accessed 7 December 2009].
Hamidi-Ravari, A. 2014. AASB Essay 2014-1 The critical role of the reporting entity concept in Australian financial reporting. In: AASB RESEARCH CENTRE (ed.) AASB Essay Series.
Funding body: Institute of Chartered Accountants in Australia
Funding body | Institute of Chartered Accountants in Australia |
---|---|
Project Team | Dr Karen Handley, Dr Sue Wright, Dr Elaine Evans |
Scheme | Research Grant |
Role | Lead |
Funding Start | 2014 |
Funding Finish | 2015 |
GNo | |
Type Of Funding | Aust Competitive - Non Commonwealth |
Category | 1NS |
UON | N |
20101 grants / $7,000
Standard setting for Australian Small and Medium-sized Entities (SMEs): What are user requirements and how were users involved in the creation of the differential reporting standard?$7,000
Funding body: Institute of Chartered Accountants in Australia
Funding body | Institute of Chartered Accountants in Australia |
---|---|
Project Team | Karen Handley, Dr Sue Wright, Dr Elaine Evans |
Scheme | Research Grant |
Role | Lead |
Funding Start | 2010 |
Funding Finish | 2011 |
GNo | |
Type Of Funding | Grant - Aust Non Government |
Category | 3AFG |
UON | N |
Research Supervision
Number of supervisions
Current Supervision
Commenced | Level of Study | Research Title | Program | Supervisor Type |
---|---|---|---|---|
2021 | PhD | Improving Financial Sustainability of NSW Local Government - Lessons from Financial Failure | PhD (Accounting & Finance), College of Human and Social Futures, The University of Newcastle | Principal Supervisor |
2021 | PhD | Do Board Industry Expertise and Executive Compensation Contribute to Organisational Resilience During a Crisis? | PhD (Accounting & Finance), College of Human and Social Futures, The University of Newcastle | Principal Supervisor |
2019 | PhD | When Size Matters: Mentally Healthy Workplaces for Sole-Traders and Micro-Business Owners. | PhD (Management), College of Human and Social Futures, The University of Newcastle | Principal Supervisor |
Past Supervision
Year | Level of Study | Research Title | Program | Supervisor Type |
---|---|---|---|---|
2022 | PhD | The Effect of Corporate Governance on the Extent and Quality of Corporate Internet Disclosures: Evidence from Australia | PhD (Accounting & Finance), College of Human and Social Futures, The University of Newcastle | Co-Supervisor |
2019 | Honours |
Work-life Balance and Entrepreneurs: Myth or Reality Vanessa McDonald completed her Honours thesis in 2019 under the supervision of Dr Courtney Molloy and Dr Karen Handley. Her thesis was entitled "Work-life balance and entrepreneurs: Myth or Reality? |
Business & Management, Faculty of Business and Law, University of Newcastle | Co-Supervisor |
2019 | Honours |
The effectiveness of ASX Corporate Governance Recommendations: Management misconduct in ASX Australian listed companies Mary Kazembe completed her Honours thesis in 2019 under the supervision of Dr Michael Seamer and Dr Karen Handley. Her thesis was entitled "The effectiveness of ASX Corporate Governance Recommendations: Management misconduct in ASX Australian listed companies". |
Accounting, Faculty of Business and Law, University of Newcastle | Co-Supervisor |
2019 | Honours |
The adoption of IFRS 9 by Banks: An Australian Perspective Jeremy Niass completed his Honours degree (First Class) in June 2019 under the supervision of Prof Sue Wright and Dr Karen Handley. His thesis title was "The adoption of IFRS 9 by Banks: An Australian Perspective". |
Accounting, Faculty of Business and Law, University of Newcastle | Co-Supervisor |
Dr Karen Handley
Position
Senior Lecturer
Newcastle Business School
College of Human and Social Futures
Focus area
Accounting and Finance
Contact Details
karen.handley@newcastle.edu.au | |
Phone | (02) 4349 4468 |
Office
Room | B.O. 1.24. |
---|---|
Building | Business Offices Ourimbah |
Location | Ourimbah 10 Chittaway Road Ourimbah, NSW 2258 Australia |