Challenges experienced by immigrant entrepreneurs in a developing non-Western country: Malaysia
Hamizah Abd Hamid
·Entrepreneurial Business and Economics Review ·2020
The objective of the article is to explore the challenges experienced by immigrant entrepreneurs in a developing non-Western immigrant-receiving country. Through a qualitative approach, this study examined the experiences of immigrant entrepreneurs from Indonesia, Pakistan, and South Korea in one host country, Malaysia. The findings suggest that the formal aspects of host country institutions are mainly instrumental in the commencement stages of immigrant entrepreneurs’ ventures and the informal aspects of institutions are predominantly influential in the developmental stages of immigrant entrepreneurs’ ventures. Specifically, the findings indicate that the challenges experienced by immigrant entrepreneurs in the host country mainly stem from (1) governing institutions, (2) resource-providing institutions, (3) local society and (4) competition in the host country.
Political connections and the cost of debt: Re-examining the evidence from Malaysia
Chwee Ming Tee
·Journal of Multinational Financial Management ·2018 ·JEL: G30; G32; G34; P26
This study extends prior work on the relationship between politically connected firms (PCFs) and the cost of debt in Malaysia. Motivated by the results of Bliss and Gul (2012), this study employs a longer and comprehensive dataset to re-examine the association between PCFs and the cost of debt. First, political connections are associated with lower cost of debt. Second, CEO duality is associated with higher cost of debt. Third, higher audit committee independence leads to lower cost of debt. Although the results are intuitive and in line with established theories and prior evidence, they differ from the findings of Bliss and Gul (2012). Overall, we provide further evidence that studies examining the influence of political connections on firm outcomes should employ a longer period of study in order to capture the dynamic changes in leadership.
Entrepreneurial orientation dimension affects firm performance: A perspective from the Malaysian furniture industry
Fazal Akhbar
· Rao Aamir Khan
· Fazli Wadood
· Abdul Talib Bin Bon
·Entrepreneurial Business and Economics Review ·2020 ·JEL: L20
The main objective of this study is to verify the impact of entrepreneurial orientation dimension on firm performance of furniture industry in Malaysia. In this study, we used a quantitative research method and collected data through a questionnaire from 391 furniture manufacturing company owners and managers, while following purposive sampling approach. The collected data was analysed using structural equation (Partial Least Square). To measure five entrepreneurial orientation dimensions, we adopted specific measuring instruments. The study shows that the three dimensions of entrepreneurial orientation – i.e. innovation, risk-taking, and competitive aggressiveness – make unique statistical contributions to the considered model. Findings indicate low levels of autonomy and proactiveness. However, the entrepreneurial orientation and FP models significantly influence the unique contribution of individual entrepreneurial activities in the Malaysian furniture industry.
Determinants of green product buying decision among young consumers in Malaysia
Christine Nya Ling Tan
· Adedapo Oluwaseyi Ojo
· Ramayah Thurasamy
·Young Consumers ·2019
Purpose This study aims to investigate the factors, which may potentially influence green product buying decision among young consumers in Malaysia. Design/methodology/approach A perceived lack of intention to buy green products observed among the Malaysian Generation Young consumers has sparked the interest to carry out this study. With the aid of structured questionnaires, data were collected from a total of 217 respondents, between 18 and 25 years of age. Findings The results of data analysis indicated that environmental consciousness, eco-label, price and advertising were significant predictors of green product buying behaviour. Contrary to the hypothesis, attitude was not a significant predictor of green buying behaviour among young consumers. The implications of these findings and directions for future research are outlined at the end of this paper. Originality/value This study offers empirical insights from the perspective of an emerging economy on the determinants of green products buying behaviour among young consumers.
Effect of ICT on Women Entrepreneur Business Performance: Case of Malaysia
Filzah Md Isa
· Nik Maheran Nik Muhammad
· Azizah Ahmad
· Shaista Noor
·Journal of Economics and Business ·2021
Women entrepreneur has gained utmost importance in the past few decades in Malaysia due to their significant contribution to the country's economic development. However, few business challenges create a constant obstruction for many women entrepreneurs such as lack of ICT knowledge, time constraint to learn ICT, lack of technological expertise, etc. The present study aims to identify the effect of ICT adoption on business performance and examine how ICT usage helped them handle operational business matters. The present study adopted the qualitative research strategy, and researchers interviewed ten (10) women entrepreneurs for this study. A semistructured interview technique was applied, and six Malay and four Chinese entrepreneurs made the study population. The result highlights that Malay and Chinese entrepreneurs use ICT in their business operation such as warehousing system, purchasing system, HRM software and accounting system, purchase order system, production system, internal communication, and AutoCAD. The present study may support the prospective entrepreneurs in considering the ICT usage to embark on technology and innovation and provide inputs to policymakers to design a proper support system for Malaysian women entrepreneurs, particularly those new entrepreneurs who are mostly young and inexperienced.
Factors Eliciting Corporate Fraud in Emerging Markets: Case of Firms Subject to Enforcement Actions in Malaysia
Abdul Ghafoor
· Rozaimah Zainudin
· Nurul Shahnaz Mahdzan
·Journal of Business Ethics ·2019
This study investigates the key factors that elicit financial reporting fraud among companies in Malaysia. Using enforcement action releases issued by the Security Commission of Malaysia (SC) and Bursa Malaysia, we identify a sample of 76 firms that had committed financial reporting fraud during the period of 1996–2016. We use the fraud triangle framework and the Malaysian International Standards on Auditing 240 to identify the factors. Since the simple probit model fails to address the identification problem (partial observability), we estimate our results using a bivariate probit model. The new model estimates the effects of pressure, opportunity, and rationalization on the probability of fraud likelihood by disentangling the detection probability of fraud. Among several proxies used for pressure, our results suggest that aggressive tax reporting and financial difficulties increase the likelihood of fraud commission. In regard to opportunity, we find that dedicated institutional investors, independence of the board, effective audit committee, and the presence of a female on the board provide active monitoring and oversight in reducing fraud occurrence. Results for rationalization suggest that prior violations and frequent changes of external auditors increase the chances of fraud occurrence. This research offers possible insights to auditors, managers, and regulators to prevent, detect, and react to fraud. Specifically, it highlights the specific factors that may exacerbate the fraudulent intentions of firms.
Measurements of Service Quality of Islamic Banking in Malaysia: A Non-Malaysian Customers’ Perspective
Abdo Yousef Qaid Saad
· Amer M Alhusini Alshehri
·Journal of Asian Finance, Economics and Business ·2021 ·JEL: M00, M31, G1, G2, G21
The study aims to measures the service quality of Islamic banking in Malaysia from non-Malaysian customers’ perspective based on the six different dimensions of the SERVQUAL model, namely, Shariah, assurance, reliability, tangibles, empathy and responsiveness. This study surveyed 100 non-Malaysian respondents from 25 different countries who have first-hand experience with Islamic banking services in Malaysia. The collected data were analysed by using the SPSS v23 for reliability analysis and descriptive statistics. The results indicates that customers’ impressions of Islamic banks’ service quality in Malaysia did not meet their standards. The independent variables, namely, compliance, assurance, reliability and empathy have positively affected customer satisfaction, while two dimensions, namely, tangibility and responsiveness does not significantly influence non-Malaysian customer satisfaction in the Islamic banking system in Malaysia. The findings of the study suggested that the Islamic banks should develop and obey the customer perception’s policy by following customers’ expectations and the results are also expected to include recommendations for improving the level of satisfaction of the Islamic banking system’s foreign clients in Malaysia. Since this study was limited to Islamic banks in Malaysia, the findings may not be applicable to other traditional banks.
Factors that Influence Customers’ Intention to Visit Green Hotels in Malaysia
Kartini Muniandy
· Suzari Abdul Rahim
· Aidi Ahmi
· Nor Aida Abdul Rahman ( Malaysian Institute of Aviation Technology (UniKL MIAT))
·International Journal of Supply Chain Management ·2019
In recent years, the hospitality Industry has overcome numerous challenges to initiate green practices. Greater interest in customers green behaviours has led the hotel industry to practice more environmentally friendly activities. Therefore, this study aims to identify the factors that influence customers in visiting green hotels in Malaysia. The theory of planned behaviour (TPB) has been embedded to investigate the factors. Data was collected via questionnaires through online by invitation through email and offline from travellers in selected airports. IBM SPSS Statistics software was used to analyse the data. The results discovered that attitude, subjective norms, perceived behavioural control and environmental concern significantly influence customers in visiting green hotels. Meanwhile, attitudes mediate subjective norms and perceived behavioural control and finally attitudes, and perceived behavioural control possess a positive relationship with the environmental concern of visitors in visiting green hotels. Findings from this research can help the Malaysian government and hoteliers to integrate the research framework in their current business model and imposed more effective strategies on a green environment in developing green hotels.
The Influence of Directors’ Diversity and Corporate Sustainability Practices on Firm Performance: Evidence from Malaysia
Mohammad Shahansha Molla
· Mohammad Tariq Hasan
· Mahadi Hasan Miraz
· Mohammad Tahlil Azim
· Md. Kaium Hossain
·Journal of Asian Finance, Economics and Business ·2021 ·JEL: M1, M4, M48, Q56
This study aims to examine the relationship between directors’ diversity (DIRDIV) and financial performance (FP) with a particular focus on the moderating effect of corporate sustainability practices (CSP). The study analyzes a sample of 104 firms listed on the Bursa Malaysia for the period from 2015 to 2017. Directors’ diversity is measured by the Blau index, and Tobin’s Q is used as a proxy of FP of the firms while the content analysis method is adopted to measure CSP. The study also employs three control variables, namely, board size, firm size, and leverage. Panel corrected standard errors (PCSE) estimator model has been used to test the hypotheses by STATA software. It is found that directors’ diversity in terms of independent and non-independent directors significantly and positively affect the financial performance of the firms. Furthermore, this study reveals that CSP significantly moderates the relationship between directors’ diversity and financial performance. This study suggests that the government and regulatory bodies should put more emphasis on diversifying the board and follow up the mandatory CSP to enhance financial performance of the firms, which is likely to ensure their long-term survival and to reduce the risk of collapse in the future.