Pub Date : 2021-11-29DOI: 10.15282/jgi.5.1.2021.7061
Noraina Mazuin Sapuan, Nor Shaipah Abdul Wahab, Muhammad Ashraf Fauzi, Aktom Omonov
This study intended to examine the relationship between free cash flow and agency costs towards firm performance based on the data from 350 public listed companies in Malaysia. The data was collected from year 2005 to 2015. There is a need to re-examine the free cash flow hypothesis and the agency theory based on Malaysian data as the results from previous studies shown a mix results.The findings shown free cash flow is significantly giving positive impact on firm performance. This result is contradict to free cash flow hypothesis, but it can occur due to, when the availability of investments opportunities that can be generated when firm more free cash flow that later able to increase firm performance. Meanwhile, total asset turnover has a positive impact on return on asset. However, the operating expenses ratio demonstrates that the operating expenses ratio has a negative impact on return on asset. The mix findings of agency cost are supported by previous studies.
{"title":"Analysing the Impacts of Free Cash Flow, Agency Cost and Firm Performance in Public Listed Companies in Malaysia","authors":"Noraina Mazuin Sapuan, Nor Shaipah Abdul Wahab, Muhammad Ashraf Fauzi, Aktom Omonov","doi":"10.15282/jgi.5.1.2021.7061","DOIUrl":"https://doi.org/10.15282/jgi.5.1.2021.7061","url":null,"abstract":"This study intended to examine the relationship between free cash flow and agency costs towards firm performance based on the data from 350 public listed companies in Malaysia. The data was collected from year 2005 to 2015. There is a need to re-examine the free cash flow hypothesis and the agency theory based on Malaysian data as the results from previous studies shown a mix results.The findings shown free cash flow is significantly giving positive impact on firm performance. This result is contradict to free cash flow hypothesis, but it can occur due to, when the availability of investments opportunities that can be generated when firm more free cash flow that later able to increase firm performance. Meanwhile, total asset turnover has a positive impact on return on asset. However, the operating expenses ratio demonstrates that the operating expenses ratio has a negative impact on return on asset. The mix findings of agency cost are supported by previous studies.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114138290","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}
Pub Date : 2021-11-29DOI: 10.15282/jgi.5.1.2021.7031
Rawan Khamis AL-kiyumi, Zamzam Nasser AL-hattali, E. Ahmed
The aim of this research is to analyze the relationship between operational risk management and customer complaints in Omani banks. Initially, the current research carried out a quantitative approach on the concepts which connect the variables of the current research, where the data have been collected via a survey on commercial banks in Oman. The findings demonstrate that the operational risk management has a negative and significant link with customer complaints due to there is a proper manner in dealing with risks. On the other hand, the findings revealed that there is a negative impact on absence to deal with risks facing Omani banks. Also, it has been noted that in the event of an increase in operational risk management, customers' complaints are decreased. The current research has added a value and notable contribution lies in its elucidation for the importance of the impact of operational risk management on customer complaints in Omani banks
{"title":"Operational Risk Management and Customer Complaints in Omani Banks","authors":"Rawan Khamis AL-kiyumi, Zamzam Nasser AL-hattali, E. Ahmed","doi":"10.15282/jgi.5.1.2021.7031","DOIUrl":"https://doi.org/10.15282/jgi.5.1.2021.7031","url":null,"abstract":"The aim of this research is to analyze the relationship between operational risk management and customer complaints in Omani banks. Initially, the current research carried out a quantitative approach on the concepts which connect the variables of the current research, where the data have been collected via a survey on commercial banks in Oman. The findings demonstrate that the operational risk management has a negative and significant link with customer complaints due to there is a proper manner in dealing with risks. On the other hand, the findings revealed that there is a negative impact on absence to deal with risks facing Omani banks. Also, it has been noted that in the event of an increase in operational risk management, customers' complaints are decreased. The current research has added a value and notable contribution lies in its elucidation for the importance of the impact of operational risk management on customer complaints in Omani banks","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123933755","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}
Pub Date : 2021-11-29DOI: 10.15282/jgi.5.1.2021.7130
Wan Ahmad Fauzi Wan Husain
The special position of Malays and Natives of Sabah and Sarawak remains a national debate despite the fact that its position has been lawfully accorded according to Article 153, Federal Constitution. Those who had significantly benefitted from the implementation of policies under Article 153 among non-Malays and non-Natives of Sabah and Sarawak, especially from an economic policy have yet turned up to defend many allegations thrown at the Government. As a matter of fact, many Malays themselves admitted that the Government had introduced many good programs to elevate the living standard of their community but yet to see much improvement across the country. On the contrary, the wealth accumulated by non-Malays as well as non-Natives of Sabah and Sarawak beyond RM1 billion personal net worth as shown in many popular magazines has proven to increase both in the number of individuals and its value. Hence, this paper aims to examine Article 153 and its governance on policies for affirmative action against social injustice using historical and legal analysis methods. The findings in this study could justify the position of Article 153 and evaluate the truth of so many allegations against it.
{"title":"Article 153 Of the Federal Constitution: Governing Principle for Affirmative Policy Against Social Injustice","authors":"Wan Ahmad Fauzi Wan Husain","doi":"10.15282/jgi.5.1.2021.7130","DOIUrl":"https://doi.org/10.15282/jgi.5.1.2021.7130","url":null,"abstract":"The special position of Malays and Natives of Sabah and Sarawak remains a national debate despite the fact that its position has been lawfully accorded according to Article 153, Federal Constitution. Those who had significantly benefitted from the implementation of policies under Article 153 among non-Malays and non-Natives of Sabah and Sarawak, especially from an economic policy have yet turned up to defend many allegations thrown at the Government. As a matter of fact, many Malays themselves admitted that the Government had introduced many good programs to elevate the living standard of their community but yet to see much improvement across the country. On the contrary, the wealth accumulated by non-Malays as well as non-Natives of Sabah and Sarawak beyond RM1 billion personal net worth as shown in many popular magazines has proven to increase both in the number of individuals and its value. Hence, this paper aims to examine Article 153 and its governance on policies for affirmative action against social injustice using historical and legal analysis methods. The findings in this study could justify the position of Article 153 and evaluate the truth of so many allegations against it.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130370268","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}
Pub Date : 2020-09-14DOI: 10.15282/jgi.4.1.2021.5435
E. Ahmed, T. Alabdullah, M. S. Shaharudin, Eskasari Putri
Based on the agency theory perspective and its corporate governance problem, the current study investigated how control mechanisms affect firm financial performance with special concentrate on the role of audit committee on the enhancement of firm financial performance. The empirical findings of this study based on the listed companies in the Sultanate of Oman revealed that the control mechanisms, including committee size and board independence, positively enhance financial performance represented by ROE and therefore this leads to encourage firms to focus on such mechanisms. By contrast, audit size, board size and board independence are totally not motivated to engage with financial performance due to the insignificant link with ROA. On the other hand, a negative correlation has been found between board meeting and financial performance represented by ROE. The practical evidence of the implications by the current study found that for improvement of firm financial performance; that even though if most of the GCC governments recently have focused on corporate social responsibility because largely voluntary nature of corporate social responsibility, they should focus of the control mechanisms that suggested by the current study to play a significant role for enhancing firm financial performance.
{"title":"FURTHER EVIDENCE ON THE LINK BETWEEN FIRM’S CONTROL MECHANISMS AND FIRM FINANCIAL PERFORMANCE: SULTANATE OF OMAN","authors":"E. Ahmed, T. Alabdullah, M. S. Shaharudin, Eskasari Putri","doi":"10.15282/jgi.4.1.2021.5435","DOIUrl":"https://doi.org/10.15282/jgi.4.1.2021.5435","url":null,"abstract":"Based on the agency theory perspective and its corporate governance problem, the current study investigated how control mechanisms affect firm financial performance with special concentrate on the role of audit committee on the enhancement of firm financial performance. The empirical findings of this study based on the listed companies in the Sultanate of Oman revealed that the control mechanisms, including committee size and board independence, positively enhance financial performance represented by ROE and therefore this leads to encourage firms to focus on such mechanisms. By contrast, audit size, board size and board independence are totally not motivated to engage with financial performance due to the insignificant link with ROA. On the other hand, a negative correlation has been found between board meeting and financial performance represented by ROE. The practical evidence of the implications by the current study found that for improvement of firm financial performance; that even though if most of the GCC governments recently have focused on corporate social responsibility because largely voluntary nature of corporate social responsibility, they should focus of the control mechanisms that suggested by the current study to play a significant role for enhancing firm financial performance.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127209936","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}
In this study, we aimed to understand the role of integrity in low carbon supply chain and their benefits towards firm performance and corporate governance. This paper also discussed the importance of Board of Director (BoD) in decision making in the supply chain. As stakeholders continue to increasingly emphasize integrity practices in their supply chains, the firm should understand and practice the integrity especially involved low carbon supply chain (LCSC) by provided accurate carbon disclosure and report carbon verification and etc. This is important to shareholder especially Board of Director to make sure the firm performance meet their expectation. By monitoring the decision making in the low carbon supply chain, the BoD believe can avoid unethical issues such as corruption, manipulation and fraud. Practising integrity in the supply chain, the firm will obtain many advantages in their firm performance. The firm’s performance will increase other than being more trustable and gain competitive advantages from the competitor. The BoD is concern about the impact of decision making on society. The BoD believe by being integrity in the firm’s management they will meet the social expectation.
{"title":"Corporate Governance and Low Carbon Supply Chains: Why Integrity Matters?","authors":"Norma Mohter, Yudi Fernando","doi":"10.15282/5308","DOIUrl":"https://doi.org/10.15282/5308","url":null,"abstract":"In this study, we aimed to understand the role of integrity in low carbon supply chain and their benefits towards firm performance and corporate governance. This paper also discussed the importance of Board of Director (BoD) in decision making in the supply chain. As stakeholders continue to increasingly emphasize integrity practices in their supply chains, the firm should understand and practice the integrity especially involved low carbon supply chain (LCSC) by provided accurate carbon disclosure and report carbon verification and etc. This is important to shareholder especially Board of Director to make sure the firm performance meet their expectation. By monitoring the decision making in the low carbon supply chain, the BoD believe can avoid unethical issues such as corruption, manipulation and fraud. Practising integrity in the supply chain, the firm will obtain many advantages in their firm performance. The firm’s performance will increase other than being more trustable and gain competitive advantages from the competitor. The BoD is concern about the impact of decision making on society. The BoD believe by being integrity in the firm’s management they will meet the social expectation.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128397595","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}
Josephine Kuan Pei See, A. A. Pitchay, Y. Ganesan, Hasnah Haron, R. Hendayani
The purposes of study are to examine the effect of audit committee characteristics namely gender, frequency of meetings, independence member in audit committee and audit committee size on audit quality and the moderating role of internal audit function in the relationship between audit committee characteristics and audit quality. The objective is to contribute to the new evidence on the role of audit committee characteristics plays towards the audit quality with internal audit function as moderator. This research applied a quantitative approach and secondary data as the main source of information for analysis. Stratified random sampling techniques are being used in this study. Further, the structural equation modelling (SEM) approach via SmartPLS was utilized to achieve the research purpose by evaluating the data collected from 250 public listed companies in Malaysia. The results reveal that only three of the audit committee characteristics, namely presence of female members in the audit committee, frequency of meetings and independence of directors, are positively influencing the audit quality for listed companies in Malaysia. Surprisingly, this study also found that internal audit function did not play the moderating effect in the relationship between audit committee characteristics and audit quality. The findings will facilitate researchers and scholars to enhance the understanding of audit committee characteristics particularly the gender, frequency of AC meetings and independence members in the audit committee played in improving overall audit quality. The companies’ stakeholders like professional accountancy body and governments may use the outcomes from this research study to improve existing rules and government regulations and code of conducts of its members to improve the quality of their works. This study contributes to the relatively new discussion on the effect of audit committee characteristics on audit quality by adding internal audit function as a moderator in Malaysia. The outcome from this study may assist the companies’ stakeholders like professional accountancy body and governments in determining improved methods to enhance audit committee characteristics in improving audit quality.
{"title":"The Effect of Audit Committee Characteristics on Audit Quality: The Moderating Role of Internal Audit Function","authors":"Josephine Kuan Pei See, A. A. Pitchay, Y. Ganesan, Hasnah Haron, R. Hendayani","doi":"10.15282/5309","DOIUrl":"https://doi.org/10.15282/5309","url":null,"abstract":"The purposes of study are to examine the effect of audit committee characteristics namely gender, frequency of meetings, independence member in audit committee and audit committee size on audit quality and the moderating role of internal audit function in the relationship between audit committee characteristics and audit quality. The objective is to contribute to the new evidence on the role of audit committee characteristics plays towards the audit quality with internal audit function as moderator. This research applied a quantitative approach and secondary data as the main source of information for analysis. Stratified random sampling techniques are being used in this study. Further, the structural equation modelling (SEM) approach via SmartPLS was utilized to achieve the research purpose by evaluating the data collected from 250 public listed companies in Malaysia. The results reveal that only three of the audit committee characteristics, namely presence of female members in the audit committee, frequency of meetings and independence of directors, are positively influencing the audit quality for listed companies in Malaysia. Surprisingly, this study also found that internal audit function did not play the moderating effect in the relationship between audit committee characteristics and audit quality. The findings will facilitate researchers and scholars to enhance the understanding of audit committee characteristics particularly the gender, frequency of AC meetings and independence members in the audit committee played in improving overall audit quality. The companies’ stakeholders like professional accountancy body and governments may use the outcomes from this research study to improve existing rules and government regulations and code of conducts of its members to improve the quality of their works. This study contributes to the relatively new discussion on the effect of audit committee characteristics on audit quality by adding internal audit function as a moderator in Malaysia. The outcome from this study may assist the companies’ stakeholders like professional accountancy body and governments in determining improved methods to enhance audit committee characteristics in improving audit quality.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126877982","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}
Private institutions in Malaysia are bound to the Private Higher Institution Act 1996 which normally relies on corporate investments to sustain their operations. Data from the Department of statistic Malaysia indicates that there is a significant increment of gross output value in the education sector in Malaysia from RM 17.6 billion in 2017 compared to RM 15.2 billion in 2015 which reflects the business competencies in private institutions (Ministry of Education Malaysia, 2015). This research is a case study conducted at one of the private colleges in Kuantan, Pahang. The aim of this research is to analyze the ethical issues concerning business ethics using a semi-structured interview method with college staff and students. The interviews were recorded and transcribed. Each case was analyzed individually, discussed and linked to the business ethics concept and ethical principle. This research aims to create awareness on the good moral value and business ethics that can be practised in the private education sector in Malaysia.
{"title":"Different Ethical Perspectives Justifying Reasonings Behind a Person’s Actions: A Case Study on a Private Institution in Malaysia","authors":"Diyana Kamarudin, Haziman Zakaria, Azizan Azit","doi":"10.15282/5306","DOIUrl":"https://doi.org/10.15282/5306","url":null,"abstract":"Private institutions in Malaysia are bound to the Private Higher Institution Act 1996 which normally relies on corporate investments to sustain their operations. Data from the Department of statistic Malaysia indicates that there is a significant increment of gross output value in the education sector in Malaysia from RM 17.6 billion in 2017 compared to RM 15.2 billion in 2015 which reflects the business competencies in private institutions (Ministry of Education Malaysia, 2015). This research is a case study conducted at one of the private colleges in Kuantan, Pahang. The aim of this research is to analyze the ethical issues concerning business ethics using a semi-structured interview method with college staff and students. The interviews were recorded and transcribed. Each case was analyzed individually, discussed and linked to the business ethics concept and ethical principle. This research aims to create awareness on the good moral value and business ethics that can be practised in the private education sector in Malaysia.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122722400","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}
Basat Hilal, Noor Fareen Abdul Rahim, M. Iranmanesh
SMEs financial success contributes to the nation`s GDP and helps in jobs creation, while SMEs financial failure will lead to issues, such as low job creation and Non-Performing Loans. From the perspective of the Sultanate of Oman, the SMEs financial performance is one of the government major concerns due to its significance and implications on the future of the national economy. Thus, it is worthwhile to assess the SMEs financial literacy and entrepreneurs' competencies (EC) as enablers of SMEs financial performance betterment. However, review of the literature and the practical evidence available give the impression that each sub-dimensions of entrepreneur competencies (EC) does not affect identically on SMEs financial performance. Therefore, it has become important to understand the financial literacy and entrepreneur competencies (EC) sub-dimensions effect on SMEs financial performance so that their significance and importance can be identified. This study aims to provide empirical evidence about the effect of financial literacy and each sub-dimensions of entrepreneur competencies (EC) on SMEs financial performance in the Sultanate of Oman. Besides, this research tends to examine the role of firm resources availability and government support as moderators. Resource-Based View Theory (RBV) will be adopted to extend the existing literature on SMEs financial performance determinants from SMEs entrepreneurial perspective. As research novelty and theoretical contribution, this research study's the interactions of financial literacy and each sub-dimensions of entrepreneur competencies (EC) with firm resources availability and government support, as moderators. The convenience sampling method will be used with SMEs sample size of 200 and 300 questionnaires will be distributed to SMEs founders/owners in Sultanate of Oman. The structural equation modelling (SEM) through partial least square (PLS) approach will be used to test the study hypotheses. The present research findings are expected to broader the picture of entrepreneur competencies (EC) and SMEs performance researches by revealing the financial literacy and each sub-dimensions of entrepreneur competencies (EC) effect on SMEs financial performance. Further, it may confirm the moderating role of firm resources availability and government support on SMEs financial performance.
{"title":"The Conceptual Framework of SMEs Financial Success in Sultanate of Oman","authors":"Basat Hilal, Noor Fareen Abdul Rahim, M. Iranmanesh","doi":"10.15282/5307","DOIUrl":"https://doi.org/10.15282/5307","url":null,"abstract":"SMEs financial success contributes to the nation`s GDP and helps in jobs creation, while SMEs financial failure will lead to issues, such as low job creation and Non-Performing Loans. From the perspective of the Sultanate of Oman, the SMEs financial performance is one of the government major concerns due to its significance and implications on the future of the national economy. Thus, it is worthwhile to assess the SMEs financial literacy and entrepreneurs' competencies (EC) as enablers of SMEs financial performance betterment. However, review of the literature and the practical evidence available give the impression that each sub-dimensions of entrepreneur competencies (EC) does not affect identically on SMEs financial performance. Therefore, it has become important to understand the financial literacy and entrepreneur competencies (EC) sub-dimensions effect on SMEs financial performance so that their significance and importance can be identified. This study aims to provide empirical evidence about the effect of financial literacy and each sub-dimensions of entrepreneur competencies (EC) on SMEs financial performance in the Sultanate of Oman. Besides, this research tends to examine the role of firm resources availability and government support as moderators. Resource-Based View Theory (RBV) will be adopted to extend the existing literature on SMEs financial performance determinants from SMEs entrepreneurial perspective. As research novelty and theoretical contribution, this research study's the interactions of financial literacy and each sub-dimensions of entrepreneur competencies (EC) with firm resources availability and government support, as moderators. The convenience sampling method will be used with SMEs sample size of 200 and 300 questionnaires will be distributed to SMEs founders/owners in Sultanate of Oman. The structural equation modelling (SEM) through partial least square (PLS) approach will be used to test the study hypotheses. The present research findings are expected to broader the picture of entrepreneur competencies (EC) and SMEs performance researches by revealing the financial literacy and each sub-dimensions of entrepreneur competencies (EC) effect on SMEs financial performance. Further, it may confirm the moderating role of firm resources availability and government support on SMEs financial performance.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130230291","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}
Industrialized Building System (IBS) is a form of construction with focused processes comprise of methods, products and a set of connected components which work together to achieve objectives. The Malaysian construction industry is one of the contributors towards the development of the country. To ensure the vitality of construction performance, utilization and application of IBS is the right system to shift to from the current conventional construction method. The adaptability of IBS in Malaysia’s construction industry is very low due to various limitations and barriers. To better understand IBS, this paper performs a systematic review of studies underpinning the factors influencing IBS success. From a total of 111 articles reviewed in this paper, 16 factors were highly mentioned, such as knowledge and expertise, cost of construction, training, Communication, Lean Construction, Government Policies, Contractors’ Satisfaction, Integration of Resources, Utilization of Software, Market Factor, On-site Management, Technical factor, Integrated Processes Assessment, Management Factor, Payment Issues, and Employee Empowerment. These factors significantly influence IBS project performance
{"title":"Factors Influencing Industrialized Building System (IBS) Project Performance: A Systematic Review","authors":"Yusmin Jaffar, Chia-Kuang Lee","doi":"10.15282/5311","DOIUrl":"https://doi.org/10.15282/5311","url":null,"abstract":"Industrialized Building System (IBS) is a form of construction with focused processes comprise of methods, products and a set of connected components which work together to achieve objectives. The Malaysian construction industry is one of the contributors towards the development of the country. To ensure the vitality of construction performance, utilization and application of IBS is the right system to shift to from the current conventional construction method. The adaptability of IBS in Malaysia’s construction industry is very low due to various limitations and barriers. To better understand IBS, this paper performs a systematic review of studies underpinning the factors influencing IBS success. From a total of 111 articles reviewed in this paper, 16 factors were highly mentioned, such as knowledge and expertise, cost of construction, training, Communication, Lean Construction, Government Policies, Contractors’ Satisfaction, Integration of Resources, Utilization of Software, Market Factor, On-site Management, Technical factor, Integrated Processes Assessment, Management Factor, Payment Issues, and Employee Empowerment. These factors significantly influence IBS project performance","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"240 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115846180","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}
In Bangladesh, several renowned organizations are abundantly spoken roughly from which local government (LG) is one of them. Local Government Institutions (LGIs) take vigorous legal as well as the valid basis. This has a great legacy of inheritances for forming and developing LGIs, however the definite nature and performances in this form of organizations to increase people’s involvement and increase democratic practice which is seen very limited – because of too much central involvement, and misapplication and influence by domineering governments to preserve their supremacy. The present study gives a reflective look at the development and working on local governance in a decentralized form in Bangladesh, focusing on the key trends, features, and challenges. The study mainly rests on the analysis of secondary elements. LGI is still not strong and as well as not properly structured nor have enough capability consistent with the Constitutional provision but contain characteristics of deconcentration more than the pure practice of decentralization. The study is secondary literature based in nature. The findings of the present study recommend that, regardless of having the Constitutional acknowledgement of the formation of an independent and a solid local government organization, the political governance of Bangladesh has introduced diverse transformations to get variations in the organization of the LGIs in the forename of decentralization. Yet, the key aims after most of the restructurings have been to support their political ground in a certain region. Consequently, these organizations could not be well-known as a heart of progress where societies would have the authority to observe and govern their areas.
{"title":"A Review of Local Government Institutions (LGIs) in Bangladesh","authors":"J. Ferdaus, Saudia Hossain","doi":"10.15282/5310","DOIUrl":"https://doi.org/10.15282/5310","url":null,"abstract":"In Bangladesh, several renowned organizations are abundantly spoken roughly from which local government (LG) is one of them. Local Government Institutions (LGIs) take vigorous legal as well as the valid basis. This has a great legacy of inheritances for forming and developing LGIs, however the definite nature and performances in this form of organizations to increase people’s involvement and increase democratic practice which is seen very limited – because of too much central involvement, and misapplication and influence by domineering governments to preserve their supremacy. The present study gives a reflective look at the development and working on local governance in a decentralized form in Bangladesh, focusing on the key trends, features, and challenges. The study mainly rests on the analysis of secondary elements. LGI is still not strong and as well as not properly structured nor have enough capability consistent with the Constitutional provision but contain characteristics of deconcentration more than the pure practice of decentralization. The study is secondary literature based in nature. The findings of the present study recommend that, regardless of having the Constitutional acknowledgement of the formation of an independent and a solid local government organization, the political governance of Bangladesh has introduced diverse transformations to get variations in the organization of the LGIs in the forename of decentralization. Yet, the key aims after most of the restructurings have been to support their political ground in a certain region. Consequently, these organizations could not be well-known as a heart of progress where societies would have the authority to observe and govern their areas.","PeriodicalId":277161,"journal":{"name":"Journal of Governance and Integrity","volume":"11 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134004217","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}
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