bluuebunny/crossref_metadata_2025_split huggingface dataset:
Hubungan Dinamik antara Pasaran Saham dengan Kadar Pertukaran: Bukti Empirikal di Asean-3
Authors: Mohd Nor Abu Hassan Shaari , Kogid Mori , Sarmidi Tamat 
Published: August 2020

Tujuan utama kajian ini adalah untuk menentukan hubungan antara pasaran saham dengan kadar pertukaran di negara ASEAN terpilih iaitu Malaysia, Thailand dan Filipina. Dengan menggunakan data bulanan bermula Januari 1994 hingga September 2011, hasil ujian Johansen dengan perubahan struktur menunjukkan wujud hubungan kointegrasi antara pasaran saham dengan kadar pertukaran bagi kes Malaysia dan Filipina sahaja. Walau bagaimanapun, hasil ujian penyebab Granger jangka pendek berdasarkan pendekatan dinamik VECM dan Toda-Yamamoto menunjukkan wujud hubungan penyebab dua hala antara pasaran saham dengan kada pertukaran bagi kes Malaysia dan Thailand dengan darjah hubungan penyebab Granger yang kuat daripada kadar pertukaran kepada pasaran saham di Malaysia. Sebaliknya tiada hubungan penyebab dapat dikesan bagi kes Filipina. Dua hasil penting daripada kajian ini adalah: (1) Kajian ini mencadangkan bahawa krisis kewangan Asia dan krisis ekonomi global memberikan kesan yang berbeza terhadap hubungan dinamik antara pasaran saham dengan kadar pertukaran di tiga negara yang dikaji; (2) Implikasi dasar ekonomi berkaitan hubungan antara pasaran saham dengan kadar pertukaran adalah bersifat khusus kepada sesebuah negara. Kata Kunci: SP, REER, kointegrasi, Penyebab Granger, perubahan struktur.
Fiscalism as Spending and Monetary Integration
Authors: Choudhury Masudul Alam , Halid Noreha , Ahmed Mohammed Saleh , Hossain Mohammad Shahadat 
Published: August 2020

Macroeconomic policy coordination and the fi eld of micro-foundation of the macroeconomic theory have been riddled with the contest of claimed effi cacy between the Keynesian school and the monetarist school. Keynesianism upheld the predominance of fi scalism (spending) in economic stabilization on the one side. Friedman’s monetarist theory vouched for the same on the other side. As a result of the monetary and fi scal contest between the two schools a convergence between them could not be att ained. Such a divide is similar in economic science as it has been a fi asco thus far in the physical sciences between Quantum Mechanics explaining the small world phenomenon, and Relativity Physics explaining the large world phenomenon. The nonhomogenous views of a unique reality in economics, as in science, have defied the unifi cation of theories and application for the greater objective of wellbeing in an embedded social economy, beyond sheer address of the stabilization question. Our paper strides out in the new direction of a socioscientific epistemological worldview of the unifi cation of monetary and fi scal (spending) regimes in a consolidated theory of complementarities between them. The paper does this by breaking new grounds that are based on the model of organic unity of knowledge, which acts upon the simulation of well being with the method of circular causation. A review of the literature and introduction of formalism are undertaken to expound the theme of economic stabilization by means of complementing monetary and fi scal (spending) regimes in a unifi ed theory, while addressing the simulation of well-being in a learning model of unity of knowledge. The emergent methodology presents the description of a system of inter-variables circular causation relations. An extensive review of the literature is undertaken. An empirical presentation and a case study establish the validity of the well-being model with circular causation. Keywords: Monetary and spending regimes, epistemology and economics, economic stabilization, well-being.
The Effect of China and the Factors Affecting Foreign Direct Investments in Asean Countries
Authors: Wen Koy Pei , Yahya Mohamed Hisham , Rahman Roslinda , Abdul Hadi Abdul Razak 
Published: August 2020

Foreign direct investment (FDI) plays an important role in bolstering economic growth. It acts as a pillar in supporting the industrialization and economic development of countries. The objectives of this study are to: (a) Recognise factors aff ecting FDI in countries in the Association of Southeast Asian Nations (ASEAN) region and (b) examine the eff ect of China’s entry into the World Trade Organisation (WTO) on the FDI in ASEAN countries. The Vector Autoregressive method (VAR) was applied to establish the factors that had signifi cant impacts on FDI infl ows over the period 1980–2010 for these countries. Apart from the conventional variables, such as market size, labour cost, interest rates, exchanges rates, corporate tax rates, and degree of openness, this study incorporates another variable, that is, the event of China joining the WTO. This is to determine whether the entry of China into WTO had any impact on FDI in the ASEAN region. The result reveals that, fi rstly, only market size is not a signifi cant factor in determining the FDI infl ows for all the ASEAN countries being studied (i.e. Indonesia, Malaysia, Philippines, Singapore and, Thailand). Secondly, most of the ASEAN member countries’ FDI are infl uenced by China’s entry into WTO in 2001. Keywords: China, ASEAN, WTO, VAR, Foreign direct investment.
World Economic Trends: An Enquiry
Authors: Prabhakar Akhilesh Chandra 
Published: August 2020

The series of current global economic and fi nancial crises especially in the USA and the European Stock Exchange Markets, the international division of labour and the global distribution of economic and political power led by free markets economies clearly indicate the collapse of Adam Smith’s ideology, and the Thatcher–Reagan free– market model that dominated thinking for 30 years has been discredited. A practical solution for the current ills is possible. Keywords: International fi nance capital, crisis of capitalism, socialism is the future.
The Effects of Over, Required and Under-Education on Earnings in Manufacturing Sector in Malaysia
Authors: Zakariya Zainizam 
Published: August 2020

This paper presents returns to education by taking into account the quality of jobs match held by workers in the manufacturing sector of Malaysia. This type of study is quite rare not only in the country but also across developing nations. Using the Second Malaysia Productivity Investment Climate Survey (PICS-2), nearly 20 per cent and 30 per cent of workers employed in jobs for which they are overeducated and undereducated, respectively. Further findings indicated that over-education is more acute amongst highly-educated workers whilst under-education is more evident for lowly educated workers. By gender, women have a higher proportion of over-educated workers compared to men. Consequently, over-education leads to lower productivity in terms of earnings. In the study, augmented Mincer earnings equation, i.e. the ORU model clearly showed that although returns to surplus education was positive ( ), the return was lower thanthe returns to required education ( ), approximately 6 per cent against 10 per cent. This means that overeducated workers earn significantly lower than their co-workers who are in similar jobs but who have less education, but well matched. Moreover, the ORU model signified that returns to required education was much greater than returns to actual educational attainment. All of these implied that the rate of return to education depends on the allocation of skills over jobs where earnings is not fully embodied but is (partly) determined by job characteristics and/or by the quality of the match between skills supplied by the worker and skills required by the job. Nevertheless, the situation of over-education among highly educated workers in the Malaysian labour market may impede the country’s intention to move toward the state of being a high-income country, as outlined in the “New Economic Model” blueprint, since it reduces individuals’ productivity. JEL Classifications: J24, J31 Keywords: Over-education, required education, surplus education.
Assessing The Role of External Debt in Economic Growth of The Asean-4 Countries: An Empirical Study
Authors: Mohd Daud Siti Nurazira 
Published: August 2020

The Asian Financial Crisis in 1997 witnessed an episode of high accumulation of external debt among the crisis-hit countries, namely Indonesia, Malaysia, Philippines and Thailand. This leads to the issue of the role played by external debt in stimulating the economies of ASEAN-4 countries. This paper tries to examine the role of external debt in the economies of the ASEAN-4 countries. The results demonstrate that external debt plays a role in improving the economic growth of the ASEAN-4 countries. In addition, the accumulation of external debt is positively associated with Indonesia’s and Thailand’s economic growth up to an optimal level, beyond the optimal level the external debt has inversely contributed to the economy. Keywords: External debt, ASEAN-4, economic growth.
Kerangka Konseptual Keadilan Islam dalam Pelaksanaan Penilaian Prestasi
Authors: Yusof Ab Aziz 
Published: August 2020

Memanipulasi, mempolitik dan berlakunya pilih kasih adalah antara isuisu berkaitan keadilan organisasi dalam pelaksanaan penilaian prestasi yang telah lama dibincangkan oleh ahli akademik dan pengamal organisasi. Mereka sedar aspek keadilan harus diberi keutamaan kerana merupakan jalan penyelesaian kepada pelbagai permasalahan yang dihadapi di sepanjang proses pelaksanaannya. Bagi mereka, keadilan wujud apabila pekerja percaya mereka telah menerima ganjaran yang setimpal dengan sumbangan yang telah diberikan. Sungguhpun aspek keadilan telah diberi keutamaan tetapi masalah berkaitan dengan pelaksanaannya terus berlaku. Sehubungan dengan ini, pengkaji ingin meninjau kelebihan keadilan Islam yang seharusnya diaplikasikan sebagai satu usaha untuk membangunkan sistem penilaian prestasi yang lebih baik. Objektif kertas kerja ini bertujuan untuk meneroka keperluan keadilan Islam sebagai gantian terhadap jalan penyelesaian permasalahan ini. Keadilan Islam harus dilihat sebagai mekanisme yang mampu menghindarkan penilai daripada melakukan eksploitasi, memanipulasi dan mempolitikkan fakta, menyalahgunakan kuasa dan bertindak untuk kepentingan diri yang diterima sebagai sumber kepada kitaran ganas dalam pelaksanaan penilaian prestasi. Kajian seperti ini seharusnya diberi keutamaan dalam penyelidikan pada masa depan kerana menyedari permasalahan ini telah begitu lama dihadapi. Kata kunci: Penilaian prestasi, keadilan, keadilan Islam dan Islam.
The Relationship Marketing as a Determinant of Customer Satisfaction in Islamic Banking Services Management
Authors: Md Noor Nur Syamilah , Omar Hydzulkifli Hashim 
Published: August 2020

The purpose of this study is to identify the dimensions that determine whether customer satisfaction in Islamic banking services has been conducted at the Institusi Pengajian Tinggi Awam (IPTA) in Perlis involving two institutions, namely Universiti Malaysia Perlis (UNIMAP) and Universiti Teknologi Mara (UITM) Perlis. The collection of the principal data was accomplished by using a survey paper to answer the study’s research questions. It involved 224 customers using the Islamic banking services. This study was analysed using the Statistical Packages for Social Science (SPSS) by applying descriptive analysis and inferential analysis (Independent T-test, One Way Analysis of Variance (ANOVA) and Correlation Pearson). This study finds that there are some different relationships in terms of position at the university level of education in the demographic characteristics analysis towards customer satisfaction. Most of the dimensions related to customer satisfaction in the Islamic banking services are positively correlated with each other (commitment, product knowledge, competence, service encounter).This study proves that this research is useful to academicians by providing new empirical evidence of relationship marketing with customer satisfaction in the Islamic banking industry. The results of this study can encourage bank managers to learn how to improve commitment, product knowledge, competence and service encounter in Islamic banks’ services to customers. Keywords: Islamic banking services, customer satisfaction, relationship marketing, service quality, service encounter, commitment, product knowledge and competence.
Employees Brand Citizenship Behaviour: Front-Liner Versus Backstage Employees’ Perspective
Authors: Shaari Hasnizam , Md Salleh Salniza , Hussin Zolkafli 
Published: August 2020

Brand citizenship behaviour is a relatively new construct developed in brand literature specifically in internal branding. The main assumption is that employees’ readiness and willingness to engage in brand-consistent behaviour could contribute to overall brand success. With a limited understanding of what constitutes brand-consistent behaviour, this study attempts to identify possible brand-consistent behaviour among hotel employees and compare both front-liner and backstage employees by extending the concept of organizational citizenship behaviour. Using 286 respondents from three- to five-star hotels, this study suggests a few theoretical and practical implications for the betterment of an organization’s sustainable brand competitive advantage. Keywords: Brand citizenship behaviour, brand-consistent behaviour, internal branding, brand management.
Aspek Pengurusan Program Latihan dan Kesannya Terhadap Kepuasan Atlet Sekolah Sukan
Authors: Din Anuar , Abd Rashid Salleh , Awang Mohd Isha 
Published: August 2020

Kajian ini bertujuan untuk mengenal pasti kesan aspek Pengurusan Program Latihan terhadap kepuasan atlet sekolah sukan. Seramai 206 orang atlet dari dua buah sekolah sukan di Malaysia telah dipilih menggunakan persampelan rawak sebagai responden kajian. Kajian ini ialah satu kajian kuantitatif yang menggunakan kaedah tinjauan untuk menjawab objektif kajian. Satu set soal selidik telah digunakan dalam kajian ini berdasarkan Athlete Satisfaction Questionnaire (ASQ) oleh Reimer dan Chelladurai (1998) sementara bagi Pengurusan Program Latihan Jurulatih (PPLJ) oleh Anuar (2010). Analisis statistic inferens seperti ujian t, Korelasi Pearson dan Regresi Pelbagai digunakan untuk menguji lima hipotesis nol pada aras signifikan p < 0.05. Program yang digunakan untuk menganalisis data ialah program SPSS versi 20. Dapatan kajian menunjukkan terdapat hubungan yang positif dan signifikan (r = 0.548, p < 0.05) antara Pengurusan Program Latihan Jurulatih dengan kepuasan atlet. Selain daripada itu, aspek pengetahuan jurulatih, aspek kemudahan dan fasiliti serta aspek program latihan merupakan pengaruh Pengurusan Program Latihan jurulatih yang utama terhadap kepuasan atlet. Para jurulatih perlu merangka program latihan selaras dengan perkembangan Sains Sukan moden tanpa melupakan aspek fasiliti dan kemudahan. Teknologi moden dalam fasiliti dan kemudahan harus digunakan oleh jurulatih dan atlet dengan mengurangkan pendekatan secara tradisional. Kata kunci: Atlet, pengurusan program latihan, jurulatih, fasa, kepuasan.
Hubungan Antara Pengurusan Sumber Manusia, Budaya Organisasi dan Prestasi Organisasi: Pemodelan Persamaan Struktur
Authors: Mei Tang Swee , Yahya Khulida Kirana , Teong Lim Kong 
Published: August 2020

Kajian ini menyelidik hubungan antara pengurusan sumber manusia (PSM), budaya organisasi dan prestasi organisasi menerusi pemodelan persamaan struktur. Kajian ini berasaskan reka bentuk tinjauan dan bersifat keratan rentas. Sebanyak 137 soal selidik dikutip daripada organisasi pembuatan di Malaysia dan digunakan dalam analisis statistik. Amalan PSM termasuk pengambilan pekerja, penilaian prestasi, latihan dan pembangunan, ganjaran berasaskan prestasi, pengurusan kerjaya, perkongsian maklumat, dan jaminan pekerjaan. Pemboleh ubah budaya organisasi meliputi penglibatan, koordinasi dan integrasi, komunikasi terbuka, kepercayaan, penambahbaikan, dan kerjasama. Sementara pemboleh ubah prestasi organisasi merangkumi kadar pertumbuhan jualan, hasilan operasi dan hasilan sumber manusia. Hampir 57 peratus daripada varians dalam konstruk budaya organisasi dapat diterangkan oleh konstruk PSM. Sementara kedua-dua konstruk PSM dan budaya organisasi dapat menerangkan kira-kira 68 peratus varians dalam konstruk prestasi organisasi. Model persamaan struktur menunjukkan budaya organisasi berperanan sebagai pengantara dalam hubungan antara PSM dengan prestasi organisasi. Kata kunci: Pengurusan sumber manusia, budaya organisasi, prestasi organisasi, LISREL.
Investigating Factors Affecting the Intention to Use Islamic Personal Financing
Authors: Nik Abdullah Nik Safiah , Abd Wahab Norazlina 
Published: August 2020

The purpose of this paper was to examine the main factors that influence consumers’ intention to use Islamic personal financing. A sample of 308 employees from Universiti Utara Malaysia was surveyed. Attitude, social influence, perceived behavioral control, religious obligation and religiosity were examined towards the intention to use Islamic personal financing. The results show that perceived behavioral control proved to be a strong predictor. The findings of this study provide key inputs to an Islamic bank for better planning of Islamic personal financing facilities. Keywords: Islamic personal financing; intention; usage; shari’ah compliance; religiosity.
Similarities and Differences Between Ethical Codes of Conduct of AICPA and IFAC
Authors: Al-Aidaros Al-Hasan , Md. Idris Kamil , Mohd. Shamsudin Faridahwati 
Published: August 2020

An accountants’ ethical code of conduct represents the moral values, principles and rules that accountants should have. The ethical codes of conduct of AICPA and IFAC are the two main codes most countries adopt to guide their members on how to deal with accounting information from the ethical perspective. While the AICPA ethical code of conduct was developed specifically for the USA, the IFAC ethical code of conduct was developed by taking into account the different practices of ethical code of conduct in various countries. The main purpose of this paper is to present an overview of the similarities and differences of these two codes. The comparison of the two documents is made on the following issues: establishment, structure and approach of the codes, the public interest principle, and the independence principle. The comparative analysis shows that the AICPA and IFAC codes are more similar than different even though some differences are noticeably important. Keywords: Ethical code of conduct, Accountants, AICPA, IFAC.
The Effect of Business Process Reengineering Factors on Organisational Performance
Authors: Almansour Yaser , Aladwan Atef , Alsaudi Musa 
Published: August 2020

This study empirically investigated the effect of business process reengineering factors on organisational performance in the Saudi context. A quantitative approach was employed whereby this study focused on Riyadh factory for re-refining oils employees. A total of 110 useable questionnaires were used in the statistical analysis. Business process reengineering factors that were investigated include the major improvements after business process reengineering, the major changes after implementation of business process reengineering and the personal gain after business reengineering process. The results showed that the only two factors out of the three do affect organisational performance in Riyadh factory for re-refining oils employees namely the major improvements after business process reengineering and the major changes after implementation of business process reengineering. Keywords: Business process reengineering, organizations performance, personal gain.
Memimpin Pengambilalihan Perniagaan Keluarga: Kaedah, Masalah dan Cara Mengatasinya (Leading a Family Business Acquisition: Methods, Problems and How to Handle Them)
Authors: Mohamad Armanurah , Naiimi Nasri , Abdullah Syahrina 
Published: August 2020

Kajian ini mempunyai tiga objektif, iaitu 1) untuk meneroka kaedah yang digunakan oleh pengganti dalam memimpin pengambilalihan perniagaan keluarga, 2) untuk meneroka masalah yang dihadapi oleh pengganti dalam memimpin pengambilalihan perniagaan keluarga, dan 3) untuk meneroka kaedah yang digunakan oleh pengganti bagi mengatasi masalah dalam memimpin pengambilalihan perniagaan keluarga. Kajian ini dijalankan secara kualitatif menggunakan pendekatan kajian kes. Teknik temu bual digunakan untuk pengutipan data. Responden kajian terdiri daripada lima unit perniagaan keluarga yang beroperasi di utara Malaysia. Protokol temu bual secara berstruktur dibangunkan untuk menerokai maklumat berkaitan dengan ketiga-tiga objektif di atas. Kajian ini mendapati kaedah yang digunakan dalam memimpin pengambilalihan perniagaan keluarga ialah penerusan gaya memimpin perniagaan daripada pengasas, penggunaan mentor atau penasihat, perbincangan ahli keluarga dan peranan orang berpengaruh. Masalah yang dihadapi oleh pengganti pula adalah dari segi ketidakpuasan kepimpinan dalam kalangan ahli keluarga kerana faktor umur pengganti yang muda berbanding dengan ahli keluarga lain. Kaedah memimpin yang digunakan oleh pengganti untuk mengatasi masalah tersebut ialah bersikap mengalah dalam mengurus perniagaan keluarga yang akhirnya kepimpinan pengganti diterima oleh ahli keluarga. Implikasi kajian ini adalah untuk memimpin pengambilalihan perniagaan keluarga, pengasas dan pengganti perlu memahami pelbagai kaedah dalam memimpin perniagaan keluarga. Pengganti juga perlu mengetahui kaedah yang bersesuaian dalam menyelesaikan masalah memimpin pengambilalihan perniagaan keluarga serta cara menjalankan pengurusan secara profesional untuk membolehkan perniagaan keluarga berfungsi secara berkesan. Kata kunci: Perniagaan keluarga, Pengambilalihan perniagaan keluarga, Pengasas perniagaan keluarga, Pengganti perniagaan keluarga.
Determinants of Accounting-based Performance: Evidence from Bursa Malaysia
Authors: Ismail Rusmawati , Abdullah Nur Adiana Hiau , Taufil Mohd Kamarun Nisham 
Published: August 2020

This study aims to examine the determinants of accounting-based performance of 531 non-financial Malaysian listed companies over the period 2004 to2012. System generalized method of moments reveals that both prior risk-taking behaviour and size are found to be important determinants of performance. A significant positive influence of prior risk-taking behaviour on performance implies that risk-averse managers are cognitively influenced by their capability in handling risky investments in the past; consequently enhance confidence in their ability to manage profitable investments. The result appears to support the capital asset pricing model implication. Meanwhile, a significant positive size-performance relationship suggests that investors and fund managers should focus on larger companies as they can have better stock performance. Keywords: Risk-Return Relationship; Reverse Size Effect; System-GMM