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Bank Stability Measures in Dual Banking System: A Critical Review 二元银行体系下的银行稳定措施:一个批判性的回顾
Pub Date : 2019-09-01 DOI: 10.24191/abrij.v5i2.9992
N. A. Karim, Amirul Afif Muhamat, Azreen Roslan, S. Alwi, M. N. Jaafar
The 2007-2009 Global Financial Crisis showed that despite reported as ‘healthy’ financial institution prior to crisis had indeed suffered many problems including liquidity during the crisis. Thus, there is confusion on the healthy financial institutions, leading to loss of confidence on the overall stability of the banking system. Thus, there is an urgent need to review the current measures of financial as well as banking stability. This paper aims to look at the definition of ‘stability’ used in the academic researches and by different regulatory bodies, like International Monetary Fund, Basel Committee for Banking Supervision (BCBS) and central banks in selected countries with dual banking systems. It is then, critically review indicators used as measures of financial as well as banking stability. This review is hope to identify areas of strengths as well as weaknesses of the current measures of stability and serves as foundation for further research in future.
2007-2009年全球金融危机表明,尽管在危机前被报告为"健康"的金融机构,但在危机期间确实遭受了许多问题,包括流动性问题。因此,出现了对健康金融机构的混淆,导致对银行体系整体稳定性的信心丧失。因此,迫切需要审查目前的金融和银行稳定措施。本文旨在研究学术研究中使用的“稳定性”的定义,以及不同监管机构,如国际货币基金组织,巴塞尔银行监管委员会(BCBS)和选定的双重银行体系国家的中央银行。然后,严格审查用作衡量金融和银行业稳定性的指标。本综述旨在找出目前稳定性措施的优点和缺点,并为今后进一步研究奠定基础。
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引用次数: 2
The Antecedents of Financial Wellness among Young Employees: Empirical Evidence in Kuala Lumpur 年轻员工财务健康的前因:吉隆坡的经验证据
Pub Date : 2019-09-01 DOI: 10.24191/abrij.v5i2.9974
Z. M. Zain, Irfah Najihah Rosmashitah Mokhtar, M. Mokhtar, A. Arshad, Arlinah Abdul Rashid, Afiza Azura Mohamad Arshad, Azitadoly Mohd Arifin, Rosmashitah Mokhtar
The purpose of this study is to examine the antecedents of financial wellness among young employees in Kuala Lumpur. A survey was carried out to acquire data from 324 young employees using a self-administered on-line questionnaire, utilizing convenience sampling. Results showed that financial stress, work environment, locus of control and financial behavior has significant relationship with financial wellness. It was found that financial stress, work environment, locus of control and financial behavior has significant effect on respondents’ financial wellness. Based on the results, financial wellness can be enhanced through the decreased of the employees’ financial stress and increasing of their work environment, locus of control and financial behavior.
本研究的目的是考察在吉隆坡的年轻员工财务健康的前因。采用方便抽样的方式,采用自填式在线问卷对324名年轻员工进行了问卷调查。结果表明,财务压力、工作环境、控制点和财务行为对财务健康有显著影响。研究发现,财务压力、工作环境、控制点和财务行为对被调查者的财务健康有显著影响。结果表明,财务健康可以通过降低员工的财务压力,增加员工的工作环境、控制点和财务行为来增强。
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引用次数: 1
INTERNSHIP PROGRAM: A BRIDGE TO CLOSE THE GAP BETWEEN THEORY AND PRACTICE 实习项目:拉近理论与实践差距的桥梁
Pub Date : 2019-09-01 DOI: 10.24191/abrij.v5i2.10006
M. Mokhtar
Higher Learning Institutions today are increasingly required to produce highly mobile graduates able to respond to the ever changing needs of the contemporary workplace. Through industrial training, interns will be exposed to ethical values and good working practices as well as to help them understand the safety practices and regulations inside the industry and to instill the spirit of teamwork and good relationship between interns and employees. The motivation for the current research study is to examine the implementation of industrial training conducted by Faculty of Business and Management of Universiti Teknologi MARA and industrial perception on Business Students during their practical period. This research is also prompted by the concern in the increasing number of unemployed among fresh graduates. Feedback from industries would give a better picture of what is required of students since employers are increasingly looking beyond a graduate's academic knowledge. Results show that interns are flexible towards task assigned, committed and resourceful towards work. However, their level of problem solving and analytical skills were low and they also lacked communication skills. It is anticipated that this exploratory study will enable the academia to bridge the gap between theory and practice thus improving the curricula towards developing successful professional business graduates.
当今的高等院校越来越需要培养高流动性的毕业生,以应对当代工作场所不断变化的需求。透过行业培训,实习生可了解业界的道德观念和良好的工作守则,了解业界的安全守则和规例,并培养团队合作精神,培养实习生与员工之间的良好关系。本研究的动机是为了探讨玛拉理工大学工商管理学院所举办的工业训练,以及商科学生在实习期间对工业的认知。对应届毕业生中失业人数不断增加的担忧也促使了这项研究。由于雇主越来越看重毕业生的学术知识以外的东西,来自行业的反馈将更好地说明对学生的要求。结果表明,实习生对任务分配的灵活性,承诺和对工作的智谋。然而,他们的解决问题和分析能力较低,也缺乏沟通能力。期望此探索性研究能使学术界在理论与实践之间架起桥梁,进而改善课程,培养成功的专业商科毕业生。
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引用次数: 0
The Application of Shari’ah Contract in Islamic Financing Guarantee Schemes of Credit Guarantee Corporation (CGC) 伊斯兰教法合同在信用担保公司伊斯兰融资担保方案中的应用
Pub Date : 2019-09-01 DOI: 10.24191/abrij.v5i2.9968
Husniyati Ali, B. H. Kamaruddin, Ismail b. Ahmad
Islamic financing is regarded as one of the financing alternatives that enterprises may utilize to fund  their business. This financing type is characterized as free from riba and is based on illiquid assets which create real assets and inventories. The aim of this conceptual paper is to highlight the Shari’ah contract of al Kafalah that is used by Credit Guarantee Corporation (CGC) to attach to its Islamic financing guarantee scheme   offered to business enterprises.  Kafalah refers to an obligation to pay in the event the principal debtor is unable to honour his obligation.  Through this Shari’ah contract, the CGC has indeed paved a new way of financing enterprises which are keen on having halal financing to fund their business activities.  Most importantly, this addition of halal financing has accelerated the growth of Islamic finance in Malaysia.
伊斯兰融资被认为是企业可以利用的融资选择之一。这种融资方式的特点是不受利息限制,以产生实物资产和存货的非流动资产为基础。这篇概念性论文的目的是强调伊斯兰教法合同的al - Kafalah,这是信用担保公司(CGC)用来附加到其伊斯兰融资担保计划提供给企业。Kafalah指的是在主债务人无法履行其义务的情况下的支付义务。通过这份伊斯兰法合同,CGC确实为那些热衷于清真融资的企业提供了一条新的融资途径。最重要的是,清真融资的增加加速了马来西亚伊斯兰金融的发展。
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引用次数: 2
Determinants of Household Debt in Malaysia from the year 2010 to 2017 2010年至2017年马来西亚家庭债务的决定因素
Pub Date : 2019-09-01 DOI: 10.24191/abrij.v5i2.10003
Z. M. Zain, Nurul Ainun Ahmad Atory, Sarah Hanafi
Household debt has become an issue in the Malaysian economy as it affects the country socially and economically.This study aims to examine the determinants of household debt from the year 2010 until 2017. This study employs the Ordinary Least Square (OLS) method and the macroeconomic variables used in this study are Gross Domestic Product (GDP), base lending rate, unemployment and housing price as independent variables. The results indicate that the trend of household debt in Malaysia has shown a continuous rise from the year 2010 to 2017. GDP, base lending rate and housing price indicate a positive relationship towards household debt while unemployment shows a negative relationship to household debt in Malaysia. All explanatory variables have shown a significant relationship except for GDP. Housing price has been found to be the most significant factor and positively related to household debt. The findings indicate that the higher the price of houses, the higher the household debt will be.
家庭债务已经成为马来西亚经济中的一个问题,因为它影响着国家的社会和经济。本研究旨在研究2010年至2017年家庭债务的决定因素。本研究采用普通最小二乘(OLS)方法,宏观经济变量以国内生产总值(GDP)、基本贷款利率、失业率和房价为自变量。结果表明,从2010年到2017年,马来西亚家庭债务的趋势持续上升。国内生产总值、基本贷款利率和房价与家庭债务呈正相关,而失业率与马来西亚家庭债务呈负相关。除GDP外,所有解释变量均表现出显著的相关性。房价是最显著的影响因素,与家庭债务呈正相关。调查结果表明,房价越高,家庭债务越高。
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引用次数: 4
DETERMINANTS OF FINANCIAL LEVERAGE: THE CASE OF LARGEST AIRLINES IN ASIA 财务杠杆的决定因素:以亚洲大型航空公司为例
Pub Date : 2019-09-01 DOI: 10.24191/abrij.v5i2.10011
Norliza Che Yahya, Hanizatul Nadia Harun, Azreen Roslan
This study is developed to examine the determinants of financial leverage of capital structure of airlines industry in Asia for the period from 2012 to 2016. Airlines industry is selected as sample of this study as it reflects the highest energy intensive industry based on the largest amount of fuel consumption on the business (Bratlie, 2012). This study defined airline as an operation entity that provides services to carry people and freight by air with schedule routes provided. This study, using panel data analysis, reports that size and growth have a positive relationship to financial leverage. In contrast, profitability and age are negatively related. Regardless of the signs, all the explanatory variables in this study are strongly significant in determining financial leverage (measured by debt to equity ratio).
本研究旨在探讨2012年至2016年亚洲航空业资本结构财务杠杆的影响因素。之所以选择航空业作为本研究的样本,是因为它反映了基于最大的燃料消耗量的最高能源密集型行业(Bratlie, 2012)。本研究将航空公司定义为提供人员和货物空运服务的运营实体,并提供定期航线。本研究使用面板数据分析,报告规模和增长与财务杠杆呈正相关。相反,盈利能力与年龄呈负相关。无论迹象如何,本研究中的所有解释变量在决定财务杠杆(以债务与权益比率衡量)方面都是强显著的。
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引用次数: 1
How Personality Moderates the Effect of Techno-Stress on Actual Use of Technology 个性如何调节技术压力对实际技术使用的影响
Pub Date : 2019-06-30 DOI: 10.24191/abrij.v5i1.9975
Nazli Ebrahimi, R. Jani, R. A. Bakar
Implementing new technologies may bring about some positive as well as negative changes.Some negative side-effects of these changes may cause high turnover or burnout in companies. Meanwhile, as individuals may experience the stress and discomfort of dealing with challenging environment, recruiting process and human resources (HR) managers will be affected as well. Several factors will affect recruiting in various aspects. Among such factors, however, personality of the interviewee is one of the top reasons which could have some sort of significant impact on the rest of criteria. Many studies show the stress that comes from technology, called techno-stress, will affect the perception of users, and several studies demonstrate that the level of techno-stress will vary with personality of the people. However due to lack of studies we need to understand the impact of different aspects of personality on the relationship between techno-stress and adoption of technology. Therefore, this study examined the moderating role of personality on relationship between techno-stress and Technology acceptance and usage. This paper reports on the literature we reviewed to better understand the moderating role of personality on the relationship between techno-stress and perceived ease of use of the technology.
实施新技术可能带来一些积极和消极的变化。这些变化的一些负面副作用可能会导致公司的高流动率或倦怠。与此同时,由于个人在应对充满挑战的环境时可能会感受到压力和不适,招聘流程和人力资源经理也会受到影响。有几个因素会在各个方面影响招聘。然而,在这些因素中,受访者的个性是可能对其他标准产生某种重大影响的首要原因之一。许多研究表明,来自技术的压力,称为技术压力,会影响用户的感知,一些研究表明,技术压力的水平会随着人们的个性而变化。然而,由于缺乏研究,我们需要了解人格的不同方面对技术压力和技术采用之间关系的影响。因此,本研究考察了人格在技术压力与技术接受和使用的关系中的调节作用。为了更好地理解人格在技术压力与技术感知易用性关系中的调节作用,本文对相关文献进行了综述。
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引用次数: 0
Agro-Innovation – Path to Agricultural Entrepreneurship: Feasibility Study 农业创新——农业创业之路:可行性研究
Pub Date : 2019-06-30 DOI: 10.24191/abrij.v5i1.9978
Elias Kamaruzzaman, Norzaidi Mohd Daud, S. Wahab, Rozhan Abu Dardak
Technology changes will always be for the better, not only to the end users but also to the intellectual property owners of the technology and the implementers of the technology. The objective of this paper is to study the feasibility and viability for entrepreneurs to become service providers for the dispensation of fertilizers, pesticides, fungicides and supporting services such as aerial crop reconnaissance using Unmanned Aerial Vehicles (UAV) or drones. The methodology used for this study is SWOT Analysis. Both primary and secondary data is used for this analysis. This study finds that paddy farming employing drones is feasible. The beneficiaries of this study shall be the government, by way of lowering financial cost to subsidise the paddy planting, the farmers who no longer need the services of migrant workers, thus saving production cost, and finally the drone service providers and their downstream business associates who can engaged themselves in very lucrative businesses.
技术变化总是朝着更好的方向发展,不仅对最终用户,而且对技术的知识产权所有者和技术实施者都是如此。本文的目的是研究企业家成为化肥、农药、杀菌剂分配服务提供商以及使用无人机(UAV)或无人机进行空中作物侦察等配套服务的可行性和可行性。本研究使用的方法是SWOT分析。本分析使用了第一手和第二手数据。这项研究发现,使用无人机进行水田种植是可行的。本研究的受益者应该是政府,通过降低财政成本来补贴水稻种植,农民不再需要农民工的服务,从而节省生产成本,最后是无人机服务提供商及其下游业务伙伴,他们可以从事非常有利可图的业务。
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引用次数: 0
Intention to Adopt ShariahCompliant Savings Scheme among Non-Muslim Contributors 有意在非穆斯林贡献者中采用符合伊斯兰教法的储蓄计划
Pub Date : 2019-06-30 DOI: 10.24191/abrij.v5i1.9973
W. Koe, Fara Zawani Nava
Malaysia is an Islamic state which encourages Shariah compliant businesses. Employee Provident Fund (EPF) has initiated a new Shariah compliant savings scheme known as Simpanan Shariah.The scheme is not alien to Muslim members but the factors that develop the interests of non-Muslim members to adopt it is still unknown. Thus, this study examined the factors influencing non-Muslim members’ intention to opt for Simpanan Shariah in EPF. The research model was developed based on Theory of Planned Behavior (TPB). The data was collected based on questionnaire survey. From the multiple regressions analysis, it found that governmental support was the most important factor in influencing non-Muslim members’ intention to adopt Simpanan Shariah. The next factor was trust and followed by perceived behavioural control. However, attitude and subjective norm did not influence the intention to adopt Simpanan Shariah among the non-Muslim members. This study suggested that there are ample rooms for EPF to further develop Simpanan Shariah. In doing so, EPF could collaborate with government to promote Simpanan Shariah. In addition, EPF also needs to create awareness and provides more information to their non-Muslim members by using their mother-tongue languages. Suggestions to future researchers have also been put forth at the end of this paper.
马来西亚是一个伊斯兰国家,鼓励遵守伊斯兰教法的企业。雇员公积金(EPF)发起了一项新的符合伊斯兰教法的储蓄计划,称为Simpanan Shariah。该方案对穆斯林成员并不陌生,但发展非穆斯林成员采用该方案的利益的因素仍然未知。因此,本研究考察了EPF中影响非穆斯林成员选择Simpanan伊斯兰教法意向的因素。研究模型是基于计划行为理论(TPB)建立的。数据采用问卷调查法收集。多元回归分析发现,政府支持是影响非穆斯林成员采纳Simpanan sharia意愿的最重要因素。下一个因素是信任,然后是感知行为控制。然而,态度和主观规范并未影响非穆斯林成员采用Simpanan伊斯兰教法的意愿。这项研究表明,EPF有足够的空间进一步发展Simpanan伊斯兰教法。这样,公积金局可以与政府合作,推广Simpanan sharia。此外,EPF还需要利用非穆斯林成员的母语,提高他们的意识,并向他们提供更多的信息。最后对今后的研究提出了建议。
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引用次数: 0
The Influence of Flexible Work Arrangement and Remuneration on Employees’ Job Satisfaction in Private Higher Education Institutions 弹性工作制与薪酬对民办高校员工工作满意度的影响
Pub Date : 2019-06-30 DOI: 10.24191/abrij.v5i1.9984
Abdul Kadir Othman, Hasfah Nurhanum Mustafa, Muhammad Iskandar Hamzah, Mohd Zulkifli Abdullah
Job satisfaction is the most common topic of research, but it is still relevant as most problems in the workplace are related to employees’ job satisfaction. The same problem is also prevalent those working in higher educational institutions. Due to this concern, the present study was conducted among 163 academics in private colleges in Kuantan, Pahang, Malaysia. Based on the result of factor analysis, it was found that job satisfaction of academics can be divided into four dimensions; career and salary satisfaction, creativity satisfaction, administration satisfaction and attitudinal satisfaction. Factors that significantly influence the dimensions of job satisfaction are flexible work arrangement, salary and promotion. All these three factors significantly influence career and salary satisfaction and administration satisfaction. Promotion on the other hand leads to creativity satisfaction. And, salary contributes to attitudinal satisfaction. The findings of the study indicate the importance of flexible work arrangement and compensation on academics’ satisfaction, thus, the management should consider these aspects when planning for the work schedule and career development of the academics in the institutions of higher learning.
工作满意度是最常见的研究主题,但它仍然是相关的,因为工作场所的大多数问题都与员工的工作满意度有关。在高等教育机构工作的人也普遍存在同样的问题。有鉴于此,本研究以马来西亚彭亨州关丹市私立大学163名学者为研究对象。根据因子分析的结果,学者的工作满意度可以分为四个维度;职业与薪酬满意度、创造力满意度、管理满意度和态度满意度。对工作满意度维度有显著影响的因素有弹性工作安排、薪酬和晋升。这三个因素都显著影响职业满意度和薪酬满意度以及管理满意度。另一方面,晋升会带来创造力满足感。而且,薪水对态度满意度有影响。研究结果表明,灵活的工作安排和薪酬对学者满意度的重要性,因此,管理层在规划高等院校学者的工作时间表和职业发展时应考虑这些方面。
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引用次数: 2
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ADVANCES IN BUSINESS RESEARCH INTERNATIONAL JOURNAL
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