bluuebunny/crossref_metadata_2025_split huggingface dataset:
Fifty Years of Development Economics: From Planning to Liberalization Essay in Honour of Prof. P.R.Brahmanande
Authors: A. Vesudevan , D.M Nachare , A.V Karnik 
Published: August 2020

Fifty Years of Development Economics, Essays in Hon­our of Professor P.R. Brahmananda, Editors A. Vasedevan, D.M. Nachane, A.V. Karnik, Foreword Lord Meghnad Desai, Himalaya Publishing House, Mumbai 400 004, First Edition - 1999. This Volume is a collection of 30 essays, writ­ten in honour of Professor P. R. Brahmananda, a dis­tinguished economist in India. The essays in this book focus on a number of issues such as theory and meas­urement, Indian policy framework, snictural reforms, regional perspectives and provide rich insight on vari­ous subjects. The book also documents empirical stud­ies researched by well-known economists. The first part of the book with 8 chapters deals with theory and measurement of money, inflation etc.. In this part, Nachne's paper on "Commodity Stand­ards: Resurrection of a Classical Theme" revisits the issues relating to the concept of money standard and questions, the role of the Govenment in controlling money. The author, while reviewing the role of gov­ernment in controlling the monetary policy in histori­cal retrospection, examines a umber of alternative proposals. He chooses, amongst others, commodity standard, and analyses it to find out its relevance to modetary policy. His contribution lies in explaining the Black-Fama-Hall (BFH) model-Commodity Basket Model. This model has been discounted as it does not take into account expextations and has difficulties in choosing the commodities for the basket. The BFH model has a few advantages like a stable unit of ac­count, subjects the government to financial discipline, can stipulate financial innovations and can insulate the economy from cyclical fluctuations originating domes­tically. Nachne's contribution lies in simplifying the analysis on the difficult subject. Inflation has been a long drawn riddle in many countries like Brazil, Turkey, India. Control of infla­tion has been enforced in many countries to bring macro economic stability with high economic growth. Vasudevan, Bhoy and D hall have tried to trace equi­librium between inflation and growth rate in the In­dian context. They reached a conclusion that inflation, growth trends and their volatility, when analysed si­multaneously, reveal that a moderate rate of inflation on an average centered between 6 to 8 per cent in In­dian economy with low volatility, led to high growth rates. The authors have used regression robust error technique after taking recourse to a number alterna­tive empirical modes as suggested in the literature. The findings of the present exercise indicate that the thresh­old rate of inflation in the Indian context could be about 6 per cent; the output neutral inflation could be 4 per cent. The output effects are positive but marginally different from one another for the 5, 6 and 7 per cent inflation regimes. The negative output effects occur after 10 per cent inflation rate.
Size of Offer, Over-subscription Ratio and Performance of Malaysian IPOs
Authors: Yong Othman , Yatim Puan , Zam Sapian Ros Zam 
Published: August 2020

This paper examines the initial and the long-run performance of initial public offerings (IP0s) stocks listed on the Main Board of the Kuala Lumpur Stock Exchange. This study finds a significant mean initial return and mean over-subscription ratio, even-though not as high as reported in earlier studies. Size of offer is not correlated with the over-subscription ratio. In general, initial returns. are significantly higher than returns for subsequent longer-term holding periods. Mean initial returns among the three types of issue compared are not significantly different from each other Only in the case of offer for sale that we find a significant positive correlation between its over-subscription ratio and its initial return. Offer for sale also shows a positive correlation between its over-subscription ratio and its raw let11111 far day-365, but turns significantly negative for day-910 and day-] 095. In the case of combination of public issue and offer for sale, over-subscription ratio is not significantly correlated with longer- term returns, for either raw or adjusted return. Finally, in the case of public issue, its over-subscription ratio is significantly correlated with its raw return only for day-180 and day-540, and for its adjusted return, the correlation is significant only for day-180 and day-365.
The Association between Sensitivity, Group Size and Satisfaction
Authors: Ahmad Kamarul Zaman 
Published: August 2020

Previous research have looked at the relationship between sensitivity and satisfaction, and between group size and satisfaction. However there appears to be no reported studies that have investigated the interacting effects of group size on the relationship between sensitivity and satisfaction. Data from 257 shop floor workers in a light manufacturing plant in the U.K were collected and analysed. Group size was significantly negatively related to satisfaction with co-workers. Statistical tests of hierarchical multiple regression were used to determine the significance of the interaction terms (sensitivity x group size) on pay and co-worker satisfaction. Support for both hypotheses were obtained. Results suggested that group size significantly moderated the relationship between sensitivity and pay satisfaction, and the relationship between sensitivity and co-worker satisfaction. Linear regression plots showed that the relationship between sensitivity and satisfaction (pay and co-worker) were negative in large groups but positive in small groups.
Managing Children: An Insight into Malay Parents' Involvement in Their Children's Learning
Authors: Hanafi Zahyah , Yaakub Noran Fauziah , Hashim Rosna Awang 
Published: August 2020

Socio-economic status not only influences family beliefs about values of education, but may affect how academic expectations are communicated by parents and perceived by their children- This study examined (1) the level of parental involvement (achievement values, interest in homework, and discussion on school matters) among Malay parents, and (2) parental involvement and its relationship with academic achievement. Measures of parents ' involvement were obtained from Malay boys (12=146) and girls (n=284 ), aged seventeen, living with both biological parents. Adolescents 'perceptions of maternal and paternal involvement at home were measured using Paternal and Maternal Parental Involvement Seale (Paulson, 1994b). Results indicated that Malay parents tend to emphasize more on achievement values, less on interest in homework and discussion on school matters. In terms of gender differences, there were significant differences between mothers ' and fathers 'involvement and these differences were found to differ towards sons and daughters. Discussions and implications were outlined
The Effect of Dividend Announcements on Stock Returns for Companies Listed on the Main Board of the Kuala Lumpur Stock Exchange
Authors: Hiau Abdullah Nur-Adiana , Abdul Rashid Rosemaliza , Ibrahim Yusnidah 
Published: August 2020

Stock market reactions to the announcements of final dividend increases, decreases and no changes are empirically analyzed in an emerging market environment. A standard event study methodology is adopted to examine the price reactions of 120 listed companies surrounding sixty days of the announcement dates. Although prior studies in developed countries postulate that dividend decreases are associated with negative abnormal returns, such a reaction was not found in the Malaysian capital market. The evidence nevertheless shows that dividend increases lead to positive abnormal returns, supporting the Information Content Hypothesis, Jensen :s Free Cash Flow Hypothesis and Agency Cost Theory. As for the no change dividend announcements, no clear pattern of cumulative average abnormal returns could be observed.
Managing Ethnicity and Constructing the Bangsa Malaysia (A United Malaysian Nation)*
Authors: ishak Mohamed Mustafa 
Published: August 2020

The question of nation-building has always been a central issue in Malaysian politics. Whilst the coun try has been able to sustain stable politics since the 1969 racial tragedy, spawning two decades rapid socio-economic development until the 1997 Asian economic crisis, the project of nation-building remained a basic national agenda yet to be filly resolved. This short paper investigates the delicate process of nation-building in Malaysia in the post 1970s. especially in the context of the vision of constructing the Bangsa Malaysia or united Malaysian nation enshrined in Mahathir's Vision 2020 project which was introduced in 1991. The aim of the paper is firstly to highlight the underlying socio-political parameters that shaped and influenced the politics of nation-building in the country, and secondly to explore the viability of the project of Bangsa Malaysia in the context of the daunting challenges involved in the process of nation- building The paper contends that, based on the Malaysian experience, the potent interplay between the forces of ethnicity and nationalism constitute the crux of the problem in the politics of nation-building in Malaysia. This dialectic it is argued, stems from the prevalence of the varying 'nationalisms' within and across ethnic groups. These phenomena have not only shaped the pattern of ethnic political mobilization in the country, but above all, laid the most complex set of obstacles in the path of the project of nation-building. The paper argues that the project of constructing the Bangsa Malaysia therefore, can be seen as significant attempt by the state to reconcile the competing 'nationalism'. It can also be considered as an attempt to consolidate Malay nationalism and cultural pluralism, thus promoting the development of 'civic nationalism 'or creation of 'a supra-ethnic ' national identity. The 'nation', therefore, is depicted as a 'mosaic of cultures but with a strong fervour of Malay nationalism. However, the viability of the envisaged project is yet to be tested. The concept itself is still vague to many people and the challenges ahead are enormous, involving political, economic, socio-cultural and religious issues. Indeed the project risks becoming the 'latest ' in the series of competing notions of 'nation-of- intent' circulating in Malaysia. The paper contends that whilst, to some extent, the socio-political landscape of Malaysian society has been rapidly changing, especially in the past two decades of Mahathir’s reign, ethnicity still pervades Malaysian political life. The paper probably differs from many previous studies on nation-building in Malaysia, thus, deepening the understanding of Malaysia politics and society.
Person-Environment Fit Perceptions and Satisfaction at Work
Authors: Ahmad Kamarul Zaman , Mat Khairuddin Maisarah 
Published: August 2020

This study aims to fulfil two literature gaps in the person-environment fit theory, in particular, relating to the supply-value fit or S-V fit. Firstly, previous research in S-V fit tended to look mainly at autonomy and supervision style. However, there appears to be no reported research that has simultaneously investigated in a single study, the effects of the discrepancy between the perceived and desired levels of work quantity, variety, power, responsibility and concentration required for the job. This study aims to fill that gap. This study examines the discrepancy between the supplies and values of work quantity, variety, power, responsibility and concentration, and its relationship with satisfaction at work. Secondly, the S-V fit theory has been relatively established in developed countries such as America and Britain. However it would be interesting to discover whether the theory is also applicable among civil service workers in a small isolated town, in a developing country such as Malaysia. Questionnaires were distributed and collected from one hundred respondents working in a government department in a small town of Gua Musang in Peninsular Malaysia. Support for the S-V fit theory was obtained, as results suggested that the greater the discrepancy between the supplies and values of work quantity, variety, power, responsibility and concentration required at work, the lesser was the satisfaction. The implication therefore was that if managers were desirous of improving satisfaction of their workers, they should ensure that their workers receive neither too much nor too little work variety, power, responsibility and concentration at work-for either state can result in lower satisfaction.
Mothers' Involvement: Children's Perception of Maternal Childrearing Practices
Authors: Hanafi Zahyah 
Published: August 2020

The purpose of this study is to identify maternal childrearing practices (achievement values, monitoring, and discussion) among employed and unemployed Malaysian mothers. Generally, these mothers have similar levels of childrearing practices. They instill high achievement values, conduct consistent monitoring on their children, and carry out regular discussions with them. They only differ in terms of monitoring. Discussion, implications, recommendations, and suggestions for future study are included.
Measuring Poverty in Malaysia: Applications of Distributive-Sensitive Poverty Indices
Authors: Roslan A. H. 
Published: August 2020

This paper represents an attempt to seek a better way to measure poverty in Malaysia. Many studies, including government published figures employ the head-count ratio as the index of poverty. However; this measure is a narrow measure of poverty. Specifically, it ignores the distribution of income among the poor, and hence has its limitation. Here, besides the usual simple head-count ratio (H) that was reported in most previous studies as well as in government documents, better poverty measures were employed— the poverty-income gap ratio (I), Sen (S), Clark, Hemming and Ulph Index (P*), and Foster; Greer and Thorbecke (FGT) indices of poverty. These indices introduce a welfare function that is sensitive to the distribution of income among the poor Thus, they provide a richer picture of the nature of poverty and thus could be used for policy design with a greater level of confidence. Furthermore. the FGT index of poverty was decomposed to examine the contribution of different groups to total poverty. These indices were calculated using the Malaysian Family Life Survey (MFLS) data.
Emotional Stability and Perception of Job Security in the Services Sector in Malaysia
Authors: Ahmad Kamarul Zaman , Aliman Nor Khasimah , Ahmad Mahdzan Nurul Shanaz , Kamarudin Maria Azlina , Peng Chow Yee , Nandita Tusha 
Published: August 2020

Research pertaining to the perception of job security has focused primarily on attitudinal (e.g. job satisfaction), behavioral (e.g. employee turnover), and health outcomes, while research in the area of emotional stability has largely focused on attitudinal and social consequences. However, there appear to be no reported studies that have examined the relationship between emotional stability and the perception of job security in different industries within the Malaysian context. Data from 255 employees in the information technology, financial services and education industries were collected and analyzed. Results suggest that respondents in the education industry are more stable in the emotional dimension compared to those in the finance industry and that respondents in the education sector perceive job security to be higher compared to those in the finance and IT industries. In all three industries, emotional stability was significantly associated with perception of job security (r=0.403). There is strongest correlation between emotional stability and perception of job security scores in the financial services industry. This suggests that in an industry that is unstable, respondents with higher emotional stability tend to perceive the same environment as more stable than those who have lower emotional stability.
E-Reading in Organizations: Users’ Satisfaction and Preference
Authors: Shiratuddin Norshuhada , Hassan Shahizan 
Published: August 2020

This paper defines electronic reading (e-reading) and then continues to discuss the diverse definitions of the main resource of e-reading, which are, electronic books (e-books). It then proceeds to describe the formats and standards of existing e-book initiatives, which are gaining wider interest since the introduction of portable electronic reading devices and software-based readers that provide users with a more realistic book reading experience. Advantages, disadvantages, and problems with paper-based reading are also explained. In addition, a study concerning an evaluation of e-reading satisfaction is described. Three different e-book formats (LIT, PDF, and HTML) were utilised to accomplish the primary aims of the study, which were to identify the most preferred format, associated software-based reader (Microsoft Reader, Adobe Acrobat Reader, Internet Explorer), and the potential of e-reading in the workplace. Based on a proposed preferred index, the results seem to suggest that Microsoft Reader is more preferable when compared to the other two. However, most participants preferred reading on paper rather than on screen. Although this was the case, some participants would e-read depending on resources and situations.
A Re-Evaluation of the Determinants of FDI in Malaysia
Authors: Abu Bakar Nor `Aznin , Sern Lau Ming 
Published: August 2020

This paper examines the key determinants of foreign direct investment (FDI) in Malaysia using time series analysis techniques that address the problem of non-stationarity. Specifically, variables such as trade openness, infrastructure quality, market-size, human capital and natural resource are tested using the ADF and cointegration tests to ensure that the regression is not spurious. In line with several other empirical studies, results obtained confirm that traditional factors such as market size are still dominant factors shaping the distribution of FDI in Malaysia, while the natural resource availability is the only insignificant variable. However, other non-traditional factors such as trade openness, agglomeration and human capital are also greatly increasing in importance, especially during this era of globalisation. Besides that, the complex global integration strategies adopted by multi-national companies (MNCs), which favour the presence of sophisticated and created assets in host countries over most other determinants also play an important role. Therefore, it is crucial that developing countries formulate policies that improve local infrastructure, local skills and build up their human resource capabilities to increase competition for FDI.
A Radical - Transformational Change Through Leadership
Authors: Ahmad Hartini , Francis Arthur 
Published: August 2020

This paper is concerned with leadership practices in a radical process change, namely, business process reengineering (BPR). The paper looks at the higher education context, which has successfully implemented BPR in their key processes. The results were taken from three in-depth case studies using the triangulation approach which includes open-ended interviews and use of secondary data. The results had shown six important leadership factors as key drivers to enable process change to happen successfully. Leaders need to be able to practise different leadership approaches or styles based on situations, emphasise on a strategic vision, use effective communications, do reinforcement, give commitment and support, and have leadership qualities. Some suggestions regarding leadership best practices for a radical transformational change are also outlined.
What Drives Brand Equity? The Perspective of Malaysian Consumers
Authors: Mohd Yasin Norjaya , Noor Mohd Nasser , Mohamad Osman 
Published: August 2020

Considering the importance of brand equity in brand management and the role played by brand equity in the success of the firm, this study examines the factors that influence the formation of brand equity particularly the equity of brands of household electrical appliances namely televisions, refrigerators and air-conditioners. In the conceptual model of brand equity, the dimensions of brand awareness, brand loyalty, perceived quality, and brand associations are postulated to affect the formation of brand equity. On the basis of an analysis of a survey data of 501 respondents taken from consumers of household electrical appliances in the state of Selangor and the Federal Territory of Kuala Lumpur; this study found that the dimensions of brand equity comprised of three elements, namely, brand distinctiveness, brand loyalty, and brand awareness/associations. These three elements were found to have positive and significant influences on the formation of brand equity of electrical goods.
Trade Openness, Economic Growth and Convergence: Evidence from Selected Asian Countries
Authors: Abdul Karim Mohd Zaini 
Published: August 2020

It is argued that countries, which adopt an open economic policy, enjoy faster economic growth than countries which do not, suggesting that "trade openness" can spur economic growth. However, the issue is whether the positive impact of trade openness to economic growth varies across countries. Hence, the objective of this paper is to determine whether the effect of openness to trade on economic growth varies across the region in Asia. To achieve this objective, panel data regressions were employed to estimate the growth equation. Empirical results indicated that "trade openness" does have a positive effect on economic growth and the marginal benefit from improved openness is somewhat higher for East Asian Economies relative to other Asian economies.
A Model for Implementing Accounting Information Systems in Small and Medium Sized Enterprises
Authors: Ismail Noor Azizi , King Malcolm 
Published: August 2020

Much have been researched about the issues of accounting and information systems (IS) in small and medium sized enterprises (SMEs), including their link to performance. However, past studies have struggled to show a direct impact of either accounting or IS on performance. Based on a comprehensive review of accounting and IS literature, this paper offers an alternative model to viewing the fit between accounting information systems (AIS) requirements and IS processing capacity, and assessing the link with the performance of SMEs. Using information processing theory as a theoretical foundation, the model offers new insights into the potential factors that influence AIS requirements, types of IT sophistication and its link to IS processing capacity, the fit between AIS requirements and IS processing capacity, and the potential impact of aligning AIS requirements and IS processing capacity on overall firm performance.