首页 > 最新文献

Journal of International Business, Economics and Entrepreneurship最新文献

英文 中文
The Implications of Covid-19 Pandemic on Consumer Burden in Malaysia: An Analysis Covid-19大流行对马来西亚消费者负担的影响:分析
Pub Date : 2021-12-29 DOI: 10.24191/jibe.v6i2.16682
Siti Nurhazwani Kamarudin, Nur Syuhada Jasni, Zuraina Sal Salbila Mohamed
The effects of Covid-19 are continuing to increase around the world as the pandemic claims millions of lives. Malaysia is no exception and has been remarkably affected by the pandemic. Apart from the number of people who are or have been infected with this virus, millions of people are directly or indirectly facing many challenges to their living. The challenges include increased cost of living, income reduction or losses, decreased purchasing power, and unemployment, along with other societal issues created by the pandemic. This study contextualised the implications of the pandemic on consumers’ burden in Malaysia, focusing on the cost of living and unemployment. Observations on prices, inflation, and unemployment rates were conducted to provide meaningful evidence. Major findings revealed that the cost of living has risen, contributed by the increase in prices, especially for food items, healthcare, and education. The unemployment rate also expanded due to the lockdown measures, which led to income losses and reduction. The Covid-19 pandemic has brought challenges to the consumers as measures taken to curb the pandemic have altered many aspects of life and increased the consumers’ burden. Although the inflation rate remains manageable, a major concern lies in many people’s income reduction or income losses. This study implies that the government, together with private institutions and NGOs, needs to work hand in hand to minimise the consumers’ financial burden, especially during this pandemic. It is hoped that the discussion presented in this paper would shed light on the impact of the pandemic on consumers’ burden in Malaysia.
2019冠状病毒病在世界各地造成的影响继续加剧,导致数百万人丧生。马来西亚也不例外,它受到这一流行病的显著影响。除了感染或已经感染这种病毒的人数外,数百万人的生活正直接或间接地面临许多挑战。挑战包括生活成本增加、收入减少或损失、购买力下降和失业,以及疫情造成的其他社会问题。这项研究分析了疫情对马来西亚消费者负担的影响,重点是生活成本和失业问题。对物价、通货膨胀和失业率的观察是为了提供有意义的证据。主要调查结果显示,由于物价上涨,尤其是食品、医疗保健和教育,生活成本有所上升。由于封锁措施,失业率也有所上升,导致收入损失和减少。新冠肺炎疫情给消费者带来了挑战,为遏制疫情采取的措施改变了生活的许多方面,增加了消费者的负担。虽然通货膨胀率仍在可控范围内,但人们主要担心的是许多人的收入减少或收入损失。这项研究表明,政府、私人机构和非政府组织需要携手合作,尽量减少消费者的经济负担,尤其是在这次大流行期间。希望本文所作的讨论将阐明这一流行病对马来西亚消费者负担的影响。
{"title":"The Implications of Covid-19 Pandemic on Consumer Burden in Malaysia: An Analysis","authors":"Siti Nurhazwani Kamarudin, Nur Syuhada Jasni, Zuraina Sal Salbila Mohamed","doi":"10.24191/jibe.v6i2.16682","DOIUrl":"https://doi.org/10.24191/jibe.v6i2.16682","url":null,"abstract":"The effects of Covid-19 are continuing to increase around the world as the pandemic claims millions of lives. Malaysia is no exception and has been remarkably affected by the pandemic. Apart from the number of people who are or have been infected with this virus, millions of people are directly or indirectly facing many challenges to their living. The challenges include increased cost of living, income reduction or losses, decreased purchasing power, and unemployment, along with other societal issues created by the pandemic. This study contextualised the implications of the pandemic on consumers’ burden in Malaysia, focusing on the cost of living and unemployment. Observations on prices, inflation, and unemployment rates were conducted to provide meaningful evidence. Major findings revealed that the cost of living has risen, contributed by the increase in prices, especially for food items, healthcare, and education. The unemployment rate also expanded due to the lockdown measures, which led to income losses and reduction. The Covid-19 pandemic has brought challenges to the consumers as measures taken to curb the pandemic have altered many aspects of life and increased the consumers’ burden. Although the inflation rate remains manageable, a major concern lies in many people’s income reduction or income losses. This study implies that the government, together with private institutions and NGOs, needs to work hand in hand to minimise the consumers’ financial burden, especially during this pandemic. It is hoped that the discussion presented in this paper would shed light on the impact of the pandemic on consumers’ burden in Malaysia.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124167408","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Stands on Globalization 支持全球化
Pub Date : 2021-07-27 DOI: 10.24191/jibe.v3i1.14441
Manuel Denner
In Jason Inch’s TED talk on Future Globalization is advising that companies need to understand their consumer base in a rapidly changing global business environment. It is clear for everybody that globalization plays one role in this change; however, there are a few variables that are forming the term of globalization, such as mass migration, geopolitical orientation, the Internet and its way of easing communication. Knowledge about cultural differences is a crucial thing and even more important than it was ever before. Therefore corporations are obliged to also take economic and political variables into account if they want to target t heir respective audience. Moreover, Inch says that companies should be ensured that cultural understanding needs to be trained as well as languages, knowledge about religion, values and “most importantly” about the culinary delights in a given country. Nowadays, it is about transcreating and not about translating when it comes to doing business on an international basis. “Transcreating” is important because of the fact that we are now living in an interconnected world where only translating would not be effective, you have to make things understandable for everybody. Inch also stipulates that cultural awareness is determining success or failure in today’s world. People should build bridges by having that kind of knowledge and not being afraid and run away be cause they have a lack in intercultural communication. In my opinion, Inch is right in what he is saying; everybody nowadays needs to have intercultural knowledge to drive business forward. It is not only a good asset to have intercultural knowledge; it is a necessity to have it.
在Jason Inch关于未来全球化的TED演讲中,他建议公司需要在快速变化的全球商业环境中了解他们的消费者基础。每个人都清楚,全球化在这一变化中发挥了一个作用;然而,有一些变量正在形成全球化的术语,如大规模移民,地缘政治取向,互联网及其简化沟通的方式。了解文化差异是一件至关重要的事情,甚至比以往任何时候都重要。因此,如果企业想要针对各自的受众,它们也有义务考虑经济和政治变量。此外,Inch说,公司应该确保文化理解需要培训,以及语言、宗教知识、价值观和“最重要的”有关特定国家的美食的知识。如今,当涉及到在国际基础上开展业务时,它是关于转换创造而不是翻译。“译创”很重要,因为我们现在生活在一个相互联系的世界里,仅仅翻译是不够的,你必须让每个人都能理解。Inch还规定,在当今世界,文化意识决定着成败。人们应该通过拥有这种知识来建立桥梁,而不是因为缺乏跨文化交流而害怕和逃避。在我看来,Inch说的是对的;如今,每个人都需要跨文化知识来推动业务发展。拥有跨文化知识不仅是一笔好资产;拥有它是必须的。
{"title":"Stands on Globalization","authors":"Manuel Denner","doi":"10.24191/jibe.v3i1.14441","DOIUrl":"https://doi.org/10.24191/jibe.v3i1.14441","url":null,"abstract":"In Jason Inch’s TED talk on Future Globalization is advising that companies need to understand their consumer base in a rapidly changing global business environment. It is clear for everybody that globalization plays one role in this change; however, there are a few variables that are forming the term of globalization, such as mass migration, geopolitical orientation, the Internet and its way of easing communication. Knowledge about cultural differences is a crucial thing and even more important than it was ever before. Therefore corporations are obliged to also take economic and political variables into account if they want to target t heir respective audience. Moreover, Inch says that companies should be ensured that cultural understanding needs to be trained as well as languages, knowledge about religion, values and “most importantly” about the culinary delights in a given country. Nowadays, it is about transcreating and not about translating when it comes to doing business on an international basis. “Transcreating” is important because of the fact that we are now living in an interconnected world where only translating would not be effective, you have to make things understandable for everybody. Inch also stipulates that cultural awareness is determining success or failure in today’s world. People should build bridges by having that kind of knowledge and not being afraid and run away be cause they have a lack in intercultural communication. In my opinion, Inch is right in what he is saying; everybody nowadays needs to have intercultural knowledge to drive business forward. It is not only a good asset to have intercultural knowledge; it is a necessity to have it.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"141 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123773960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The impact of Risk Willingness and Opportunity Recognition on Business Owners’ Performance in Sabah, Malaysia 风险意愿和机会认知对马来西亚沙巴州企业主绩效的影响
Pub Date : 2021-06-22 DOI: 10.24191/jibe.v6i1.14205
Deewasnari Muddat, S. N. Ambad, R. Roslin, Nelson Lajuni
This paper examines the impact of risk willingness and opportunity recognition on business owners’ performance in Sabah, Malaysia. The paper adopts non-probability sampling, known as a purposive sampling method, in selecting business owners. A total of 600 surveys using self-conducted questionnaires structured on a 7-point Likert scale is distributed, and subsequently, 525 questionnaires are returned. The EAO dimensions assessed in the paper are risk willingness and opportunity recognition. Data collected are analysed using the SEM-PLS technique through the SmartPLS 3.3.2 software. The study found a positive effect of risk willingness and opportunity recognition on the business owners’ performance. Accordingly, this paper’s theoretical and practical implication supports some of the previous findings and arguments that EAO plays an essential role in influencing micro-business owners’ performance.
本文考察了风险意愿和机会认知对马来西亚沙巴州企业主绩效的影响。本文采用非概率抽样,即目的性抽样方法来选择企业主。共发放了600份采用李克特7分制的自填问卷,随后回收了525份问卷。本文评估的EAO维度为风险意愿和机会认知。收集的数据通过SmartPLS 3.3.2软件使用SEM-PLS技术进行分析。研究发现风险意愿和机会认知对企业主绩效有正向影响。因此,本文的理论和实践意义支持了之前的一些研究结果和观点,即EAO在影响微企业主绩效方面发挥了重要作用。
{"title":"The impact of Risk Willingness and Opportunity Recognition on Business Owners’ Performance in Sabah, Malaysia","authors":"Deewasnari Muddat, S. N. Ambad, R. Roslin, Nelson Lajuni","doi":"10.24191/jibe.v6i1.14205","DOIUrl":"https://doi.org/10.24191/jibe.v6i1.14205","url":null,"abstract":"This paper examines the impact of risk willingness and opportunity recognition on business owners’ performance in Sabah, Malaysia. The paper adopts non-probability sampling, known as a purposive sampling method, in selecting business owners. A total of 600 surveys using self-conducted questionnaires structured on a 7-point Likert scale is distributed, and subsequently, 525 questionnaires are returned. The EAO dimensions assessed in the paper are risk willingness and opportunity recognition. Data collected are analysed using the SEM-PLS technique through the SmartPLS 3.3.2 software. The study found a positive effect of risk willingness and opportunity recognition on the business owners’ performance. Accordingly, this paper’s theoretical and practical implication supports some of the previous findings and arguments that EAO plays an essential role in influencing micro-business owners’ performance.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125404261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Hiring Ex-Offenders: An Application of Theory of Planned Behaviour 雇佣前罪犯:计划行为理论的应用
Pub Date : 2021-06-22 DOI: 10.24191/jibe.v6i1.14212
Fatin Nadirah Khasni, J. Keshminder, S. Chuah
Ex-offenders released from incarceration experience difficulties securing accommodation, finding stable work, and connecting with families. Although ex-offenders have numerous noteworthy problems, ensuring gainful employment has always been inferred as the most difficult challenge. Many offenders who attempt to acclimate themselves to the society demonstrated gaps in their work history, limited skill sets, and incomplete education. This study deploys the Theory of Planned Behaviour and literature reviews to conceptualise the factors that impact employers' intention to hire ex-offenders. Specifically paying attention to employers who are hiring and have hired ex-offenders to work in their companies or organisations, the study proposes a hiring intention research model.
从监狱释放出来的前罪犯在获得住宿、找到稳定的工作以及与家人联系方面遇到困难。虽然前罪犯有许多值得注意的问题,但确保有报酬的就业一直被认为是最困难的挑战。许多试图让自己适应社会的罪犯表现出他们的工作经历、有限的技能和不完整的教育。本研究运用计划行为理论和文献综述来概念化影响雇主雇佣前罪犯意愿的因素。该研究特别关注那些正在招聘或已经聘用有前科者在其公司或组织工作的雇主,并提出了一个招聘意向研究模型。
{"title":"Hiring Ex-Offenders: An Application of Theory of Planned Behaviour","authors":"Fatin Nadirah Khasni, J. Keshminder, S. Chuah","doi":"10.24191/jibe.v6i1.14212","DOIUrl":"https://doi.org/10.24191/jibe.v6i1.14212","url":null,"abstract":"Ex-offenders released from incarceration experience difficulties securing accommodation, finding stable work, and connecting with families. Although ex-offenders have numerous noteworthy problems, ensuring gainful employment has always been inferred as the most difficult challenge. Many offenders who attempt to acclimate themselves to the society demonstrated gaps in their work history, limited skill sets, and incomplete education. This study deploys the Theory of Planned Behaviour and literature reviews to conceptualise the factors that impact employers' intention to hire ex-offenders. Specifically paying attention to employers who are hiring and have hired ex-offenders to work in their companies or organisations, the study proposes a hiring intention research model.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132842521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Influence of Presenteeism on Productivity 出勤对生产力的影响
Pub Date : 2021-06-22 DOI: 10.24191/jibe.v6i1.14258
Mohd Safwan Ramli, A. Ridzuan, M. Saat, Muhammed Soffiq Saripin
This study was conducted to identify the influence between presenteeism and productivity among employees at selected government sectors in Putrajaya working under Jabatan Perkhidmatan Awam (JPA) and Kementerian Kesihatan Malaysia (KKM). The purpose of the study was to investigate the effects of presenteeism and to get a deeper understanding on one of the main factors of performance issues in the Malaysian government sectors which is the productivity among government servants. Productivity among employees is a critical factor in the success of a business operation since it reflects success and adds to the ability to compete with other businesses in the industry. It was found that three dimensions of presenteeism which were work-related demands, personal factors and organizational policies had significant positive relationships with productivity. It can be stated that presenteeism is linked significantly with the productivity loss among the employees in an organization. Presenteeism is a phenomenon in which employees come to work but are unable to perform the tasks that are assigned to them. In this context, there are many reasons that contribute to this circumstance which include mental, physical, and emotional environment as well as the pressure that employees receive through their work, personal factors, relationship with colleagues and emotional life issues. By resulting in a decrease in productivity, presenteeism contributes to economic costs. It refers to the self-rated measurable loss of work performance due to health problems. The result from this study reveals that personal factors of the employees had the greatest influence on productivity, followed by organization policies and work-related demands. A high level of presenteeism among employees in an organization is not only associated with the cost of lost productivity but also impacts the employees' health and life quality, increasing their medical costs. In a nutshell, personal factor is one of the many determinants that may have a major influence towards productivity among employees.
本研究旨在确定布特拉贾亚政府部门的员工出勤率和生产力之间的影响,这些部门分别隶属于马来西亚政府部门(JPA)和马来西亚政府部门(KKM)。该研究的目的是调查出勤的影响,并深入了解马来西亚政府部门绩效问题的主要因素之一,即政府公务员的生产力。员工的生产力是企业运作成功的关键因素,因为它反映了成功,并增加了与行业中其他企业竞争的能力。研究发现,工作需求、个人因素和组织政策三个维度的出勤与生产力之间存在显著的正相关关系。可以说,在一个组织中,出勤与员工的生产力损失有着显著的联系。“出勤主义”是指员工来上班却不能完成分配给他们的任务的现象。在这种情况下,造成这种情况的原因有很多,包括精神、身体和情感环境,以及员工在工作中受到的压力,个人因素,与同事的关系以及情感生活问题。出勤导致生产力下降,增加了经济成本。它是指由于健康问题而造成的自我评定的可测量的工作绩效损失。本研究结果显示,员工个人因素对生产力的影响最大,其次是组织政策和工作需求。在一个组织中,员工的出勤率高不仅与生产力损失的成本有关,而且还会影响员工的健康和生活质量,增加他们的医疗费用。简而言之,个人因素是许多决定因素之一,可能对员工的生产力产生重大影响。
{"title":"The Influence of Presenteeism on Productivity","authors":"Mohd Safwan Ramli, A. Ridzuan, M. Saat, Muhammed Soffiq Saripin","doi":"10.24191/jibe.v6i1.14258","DOIUrl":"https://doi.org/10.24191/jibe.v6i1.14258","url":null,"abstract":"This study was conducted to identify the influence between presenteeism and productivity among employees at selected government sectors in Putrajaya working under Jabatan Perkhidmatan Awam (JPA) and Kementerian Kesihatan Malaysia (KKM). The purpose of the study was to investigate the effects of presenteeism and to get a deeper understanding on one of the main factors of performance issues in the Malaysian government sectors which is the productivity among government servants. Productivity among employees is a critical factor in the success of a business operation since it reflects success and adds to the ability to compete with other businesses in the industry. It was found that three dimensions of presenteeism which were work-related demands, personal factors and organizational policies had significant positive relationships with productivity. It can be stated that presenteeism is linked significantly with the productivity loss among the employees in an organization. Presenteeism is a phenomenon in which employees come to work but are unable to perform the tasks that are assigned to them. In this context, there are many reasons that contribute to this circumstance which include mental, physical, and emotional environment as well as the pressure that employees receive through their work, personal factors, relationship with colleagues and emotional life issues. By resulting in a decrease in productivity, presenteeism contributes to economic costs. It refers to the self-rated measurable loss of work performance due to health problems. The result from this study reveals that personal factors of the employees had the greatest influence on productivity, followed by organization policies and work-related demands. A high level of presenteeism among employees in an organization is not only associated with the cost of lost productivity but also impacts the employees' health and life quality, increasing their medical costs. In a nutshell, personal factor is one of the many determinants that may have a major influence towards productivity among employees.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128503676","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Determinants of Budget Deficit in Nigeria 尼日利亚预算赤字的决定因素
Pub Date : 2021-06-21 DOI: 10.24191/jibe.v6i1.14199
Maimuna M Shehu, I. Adamu
This paper investigates the factors governing the determination of budget deficit in Nigeria from 1981q1 through 2016q4. Our methodology is based on Johansen cointegration and Vector Error Correction model (VECM) approach. The result from the Johansen cointegration test suggests one cointegrating vector, which indicates the existence of a long run cointegrating relationship. Evidence from the long run and short run parameters suggest that exchange rate, interest rate and one year lag of budget deficit are the major determinants of budget deficit. Therefore, to achieve a realistic fiscal surplus, the government should determine a high level of accountability in its fiscal operations. In addition, any fiscal surplus should be channeled into productive investments to diversify the economy and reduce the likelihood of potential budget deficits.
本文研究了1981年第一季度至2016年第四季度尼日利亚预算赤字确定的影响因素。我们的方法是基于约翰森协整和矢量误差校正模型(VECM)方法。johnson协整检验的结果显示有一个协整向量,表明存在长期的协整关系。来自长期和短期参数的证据表明,汇率、利率和预算赤字的一年滞后是预算赤字的主要决定因素。因此,为了实现现实的财政盈余,政府应该在财政运作中确定高水平的问责制。此外,任何财政盈余都应用于生产性投资,以使经济多样化,并减少潜在预算赤字的可能性。
{"title":"Determinants of Budget Deficit in Nigeria","authors":"Maimuna M Shehu, I. Adamu","doi":"10.24191/jibe.v6i1.14199","DOIUrl":"https://doi.org/10.24191/jibe.v6i1.14199","url":null,"abstract":"This paper investigates the factors governing the determination of budget deficit in Nigeria from 1981q1 through 2016q4. Our methodology is based on Johansen cointegration and Vector Error Correction model (VECM) approach. The result from the Johansen cointegration test suggests one cointegrating vector, which indicates the existence of a long run cointegrating relationship. Evidence from the long run and short run parameters suggest that exchange rate, interest rate and one year lag of budget deficit are the major determinants of budget deficit. Therefore, to achieve a realistic fiscal surplus, the government should determine a high level of accountability in its fiscal operations. In addition, any fiscal surplus should be channeled into productive investments to diversify the economy and reduce the likelihood of potential budget deficits.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130357978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
A comparative analysis of Islamic unit trust portfolio using value at risk methodologies 运用风险价值方法对伊斯兰单位信托投资组合进行比较分析
Pub Date : 2020-12-31 DOI: 10.24191/jibe.v5i2.14228
F. A. M. Amin, Nur Qamarina Ghazali, Nursahira Zainalbidin, Nur Najwa Alia Kamarudin
Islamic unit trust is a sunrise industry in the Malaysian capital market over the last decades to fulfill the demand from its Muslim investors. Muslim investors are only willing to invest their capital if the investment does not conflict with their religious beliefs, namely Islam. Previously, most of the studies focused to evaluate the performance of unit trust funds relative to the market as a whole. Meanwhile, it is also important for investors to accurately measure their downside risk because it is closely related to their future losses. Thus, Value at Risk (VaR) concept was introduced to calculate monthly risk for an Islamic unit trust portfolio using the three standard approaches which are Delta Normal, Historical Simulation and Monte Carlo Simulation. Results show that Monte Carlo Simulation is the best method to quantify risk exposure as the average Mean Absolute Percentage Error (MAPE) is the lowest compared to the other two methods. The findings also highlight the importance of embedding risk into investment analyses and provide insights to investors who are considering Shariah-compliant equity funds as a potential income-generating instrument. Therefore, financial consultants or fund managers can make informed decisions in setting up a well-diversified unit trust fund’s portfolio for their Muslim investors by applying the concept of VaR and its methodologies.
过去几十年来,伊斯兰单位信托是马来西亚资本市场的朝阳产业,以满足其穆斯林投资者的需求。穆斯林投资者只愿意在投资与他们的宗教信仰(即伊斯兰教)不冲突的情况下进行投资。以往的研究大多侧重于评估单位信托基金相对于整体市场的表现。同时,对投资者来说,准确衡量自己的下行风险也很重要,因为这与他们未来的损失密切相关。因此,引入风险价值(VaR)概念来计算伊斯兰单位信托投资组合的月度风险,使用三种标准方法,即Delta Normal,历史模拟和蒙特卡罗模拟。结果表明,蒙特卡罗模拟是量化风险暴露的最佳方法,其平均平均绝对百分比误差(MAPE)与其他两种方法相比最低。研究结果还强调了将风险纳入投资分析的重要性,并为考虑将符合伊斯兰教法的股票基金作为潜在创收工具的投资者提供了见解。因此,财务顾问或基金经理可以通过应用VaR的概念及其方法,为他们的穆斯林投资者建立一个多元化的单位信托基金投资组合,从而做出明智的决策。
{"title":"A comparative analysis of Islamic unit trust portfolio using value at risk methodologies","authors":"F. A. M. Amin, Nur Qamarina Ghazali, Nursahira Zainalbidin, Nur Najwa Alia Kamarudin","doi":"10.24191/jibe.v5i2.14228","DOIUrl":"https://doi.org/10.24191/jibe.v5i2.14228","url":null,"abstract":"Islamic unit trust is a sunrise industry in the Malaysian capital market over the last decades to fulfill the demand from its Muslim investors. Muslim investors are only willing to invest their capital if the investment does not conflict with their religious beliefs, namely Islam. Previously, most of the studies focused to evaluate the performance of unit trust funds relative to the market as a whole. Meanwhile, it is also important for investors to accurately measure their downside risk because it is closely related to their future losses. Thus, Value at Risk (VaR) concept was introduced to calculate monthly risk for an Islamic unit trust portfolio using the three standard approaches which are Delta Normal, Historical Simulation and Monte Carlo Simulation. Results show that Monte Carlo Simulation is the best method to quantify risk exposure as the average Mean Absolute Percentage Error (MAPE) is the lowest compared to the other two methods. The findings also highlight the importance of embedding risk into investment analyses and provide insights to investors who are considering Shariah-compliant equity funds as a potential income-generating instrument. Therefore, financial consultants or fund managers can make informed decisions in setting up a well-diversified unit trust fund’s portfolio for their Muslim investors by applying the concept of VaR and its methodologies.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126075138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Event Sponsorship Factors Towards Purchasing Intention 活动赞助因素对购买意愿的影响
Pub Date : 2020-12-31 DOI: 10.24191/jibe.v5i2.14245
Nur Farhana Mohd Sah, Wan Soraya Wan Abdul Ghani, Nurlisa Aina Abd Majid, M. K. Abas
This study was conducted using empirical data to examine objectives by adopting the perception of attendees towards sponsors. Three distinct forms based on Tomalieh (2016) which proposed the relationship between brand knowledge, event sponsor-fit and attitude towards events to purchase intention was adapted. How consumers experience an event can also have a powerful influence over their purchasing intention behavior. Outcome of this study concludes that attitude towards the event is the most important factor and has a much more significant relationship towards purchase intention when compared with other variables. This factor refers to how event attendees perceive an event sponsor. This study adds to the body of knowledge by providing new data and empirical insight on the relationship between event sponsorship factors and purchase intention specifically for the event industry in Malaysia. For future studies, it is recommended that comparative studies with other industries as well as other developing and developed economies be carried out.
本研究采用实证数据,采用参会者对赞助商的感知来检验目标。根据Tomalieh(2016)提出的品牌知识、活动赞助商契合度和对活动的态度与购买意愿之间的关系,采用了三种不同的形式。消费者体验事件的方式也会对他们的购买意向行为产生巨大影响。本研究的结果表明,对事件的态度是最重要的因素,与其他变量相比,态度对购买意愿的影响更为显著。这个因素指的是活动参与者如何看待活动赞助商。本研究通过提供新的数据和实证见解来增加知识体系,特别是针对马来西亚的活动行业,研究活动赞助因素与购买意愿之间的关系。对于未来的研究,建议与其他行业以及其他发展中经济体和发达经济体进行比较研究。
{"title":"Event Sponsorship Factors Towards Purchasing Intention","authors":"Nur Farhana Mohd Sah, Wan Soraya Wan Abdul Ghani, Nurlisa Aina Abd Majid, M. K. Abas","doi":"10.24191/jibe.v5i2.14245","DOIUrl":"https://doi.org/10.24191/jibe.v5i2.14245","url":null,"abstract":"This study was conducted using empirical data to examine objectives by adopting the perception of attendees towards sponsors. Three distinct forms based on Tomalieh (2016) which proposed the relationship between brand knowledge, event sponsor-fit and attitude towards events to purchase intention was adapted. How consumers experience an event can also have a powerful influence over their purchasing intention behavior. Outcome of this study concludes that attitude towards the event is the most important factor and has a much more significant relationship towards purchase intention when compared with other variables. This factor refers to how event attendees perceive an event sponsor. This study adds to the body of knowledge by providing new data and empirical insight on the relationship between event sponsorship factors and purchase intention specifically for the event industry in Malaysia. For future studies, it is recommended that comparative studies with other industries as well as other developing and developed economies be carried out.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126885204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Are you inclined into agribusiness? Perspectives from Graduating Students 你想从事农业综合经营吗?毕业生的观点
Pub Date : 2020-12-31 DOI: 10.24191/jibe.v5i2.14233
Ismail Liyana Izzati, Mohd Nazir Rabun, Ain Insyiraah Mohd Ali Nopiah
This study examines the level of graduating students' inclination to venture into agribusiness. The study also tries to examine and measure the relationships between knowledge, attitude, social environment, and level of graduating students' inclination to venture into agribusiness. In this study, 158 students of Bachelor of Science Technology and Plantation Management (AT220) at UiTM Cawangan Melaka, Kampus Jasin, Melaka were selected as respondents from the population of Faculty of Plantation and Agrotechnology. This study used the quantitative method as the best way to address the issue of the new generation's intention towards the agribusiness sector in Malaysia. In the quantitative method, stratified and convenience sampling techniques were employed as a data collection method. The first finding indicated that the students had a high level of inclination to venture into agribusiness. The second findings reported that there were positive significant relationships between knowledge, attitude, social environment, and agribusiness intention. These findings provide insight to the government officials in the Ministry of Agriculture and Agro-based Industries to resolve unemployment issues and achieve successful economic growth through the agriculture sector. The results obtained offer several key implications for increasing our understanding of factors related to students’ intention to venture into agribusiness. It may able to overcome the issue of the unemployment rate by creating more job opportunities for the new generations in Malaysia. Thus, universities play an important role in creating young agricultural entrepreneurs which is a crucial issue in this country. Implications and conclusions are also discussed.
本研究考察了毕业生进入农业综合企业的倾向水平。本研究也试图检验和衡量知识、态度、社会环境和毕业生创业倾向水平之间的关系。在本研究中,从马六甲大学种植与农业技术学院的人口中选择universitm Cawangan Melaka, Kampus Jasin, Melaka的科学技术与种植园管理学士(AT220)的158名学生作为调查对象。本研究使用定量方法作为解决新一代对马来西亚农业综合企业部门的意向问题的最佳途径。在定量方法中,采用分层和方便抽样技术作为数据收集方法。第一个发现表明,学生们有很高的意愿冒险进入农业综合企业。研究发现知识、态度、社会环境与农商意向之间存在显著正相关。这些发现为农业部和农业基础工业部门的政府官员解决失业问题并通过农业部门实现成功的经济增长提供了见解。获得的结果为增加我们对与学生冒险进入农业综合企业的意图相关的因素的理解提供了几个关键含义。它可能会通过为马来西亚的新一代创造更多的就业机会来克服失业率问题。因此,大学在培养年轻的农业企业家方面发挥着重要作用,这是这个国家的一个关键问题。本文还讨论了影响和结论。
{"title":"Are you inclined into agribusiness? Perspectives from Graduating Students","authors":"Ismail Liyana Izzati, Mohd Nazir Rabun, Ain Insyiraah Mohd Ali Nopiah","doi":"10.24191/jibe.v5i2.14233","DOIUrl":"https://doi.org/10.24191/jibe.v5i2.14233","url":null,"abstract":"This study examines the level of graduating students' inclination to venture into agribusiness. The study also tries to examine and measure the relationships between knowledge, attitude, social environment, and level of graduating students' inclination to venture into agribusiness. In this study, 158 students of Bachelor of Science Technology and Plantation Management (AT220) at UiTM Cawangan Melaka, Kampus Jasin, Melaka were selected as respondents from the population of Faculty of Plantation and Agrotechnology. This study used the quantitative method as the best way to address the issue of the new generation's intention towards the agribusiness sector in Malaysia. In the quantitative method, stratified and convenience sampling techniques were employed as a data collection method. The first finding indicated that the students had a high level of inclination to venture into agribusiness. The second findings reported that there were positive significant relationships between knowledge, attitude, social environment, and agribusiness intention. These findings provide insight to the government officials in the Ministry of Agriculture and Agro-based Industries to resolve unemployment issues and achieve successful economic growth through the agriculture sector. The results obtained offer several key implications for increasing our understanding of factors related to students’ intention to venture into agribusiness. It may able to overcome the issue of the unemployment rate by creating more job opportunities for the new generations in Malaysia. Thus, universities play an important role in creating young agricultural entrepreneurs which is a crucial issue in this country. Implications and conclusions are also discussed.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122113631","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Intention To Consume Towards Functional Foods Among Senior Citizen In Malaysia 马来西亚老年人对功能性食品的消费意向
Pub Date : 2020-12-31 DOI: 10.24191/jibe.v5i2.14236
Febian Flaviana Ivy, Sharifah Nurafizah Syed Annuar
The trend nowadays is that when consumers prefer convenient food compared to healthy food. Due to numerous health threats, the demands for health foods are increasing. This can be seen from the number of purchases of functional foods which have improved tremendously in the market. This study was conducted to examine the influence of perceived susceptibility, perceived benefits and cue to action on intention to consume functional food among senior citizen. The respondents were 250 conveniently selected senior citizen who are visiting shopping mall. Data were collected by using a selfadministered questionnaire. The findings revealed that one factor such as perceived benefit recorded a significant and positive influence on intention to consume functional food. On the other hand, perceived susceptibility and cue to action were deemed as not significant in influencing functional food consumption intention. Future study was also proposed.
现在的趋势是消费者更喜欢方便食品而不是健康食品。由于许多健康威胁,对保健食品的需求正在增加。这可以从市场上功能性食品的购买量有了很大的提高看出。本研究旨在探讨认知易感性、认知益处和行为提示对老年人功能性食品消费意愿的影响。调查对象是250名正在逛商场的老人。数据收集采用自填问卷。研究结果显示,感知益处等因素对功能性食品的消费意愿有显著的积极影响。另一方面,感知易感性和行动提示对功能食品消费意愿的影响不显著。并对今后的研究提出了建议。
{"title":"Intention To Consume Towards Functional Foods Among Senior Citizen In Malaysia","authors":"Febian Flaviana Ivy, Sharifah Nurafizah Syed Annuar","doi":"10.24191/jibe.v5i2.14236","DOIUrl":"https://doi.org/10.24191/jibe.v5i2.14236","url":null,"abstract":"The trend nowadays is that when consumers prefer convenient food compared to healthy food. Due to numerous health threats, the demands for health foods are increasing. This can be seen from the number of purchases of functional foods which have improved tremendously in the market. This study was conducted to examine the influence of perceived susceptibility, perceived benefits and cue to action on intention to consume functional food among senior citizen. The respondents were 250 conveniently selected senior citizen who are visiting shopping mall. Data were collected by using a selfadministered questionnaire. The findings revealed that one factor such as perceived benefit recorded a significant and positive influence on intention to consume functional food. On the other hand, perceived susceptibility and cue to action were deemed as not significant in influencing functional food consumption intention. Future study was also proposed.","PeriodicalId":258234,"journal":{"name":"Journal of International Business, Economics and Entrepreneurship","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122160309","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
期刊
Journal of International Business, Economics and Entrepreneurship
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1