Purpose The purpose of this paper is to examine the level understanding Islamic banking concepts and factors that influence adoption in Malaysia, based on Rogers’ (1983; 2003) Diffusion Innovation. Specifically, impact perceived attributes other variables (understanding, consumer innovativeness bank personnel’s professionalism) examined. Design/methodology/approach A quantitative approach using a sample 200 working MBA students leading public university Malaysia was used. instrument used...

This study aims to investigate the relationship between gender diversity in a firm’s board of directors and financial performance firms listed on Bursa Malaysia for period 2009 2013. Using unbalanced panel data analysis, we tested whether boardroom may influence performance, as measured by Tobin’s Q. We employed four different proxies (the dummy variable women, percentage women board, Blau index, Shannon index) provide more comprehensive measure diversity. suggests that higher degree...

Purpose The purpose of this paper is to analyse the relationship between stock price volatility (SPV) and dividend policy industrial products firms listed on Bursa Malaysia. Design/methodology/approach sample comprises 166 public-listed covering a time span from year 2003 2012. Using Baskin’s framework, firm’s SPV related payout, controlling for earnings volatility, firm size, leverage growth assets. Further, impact global financial crisis tested variables examined. Findings Earning...

Purpose This study is an exploratory investigating firm-specific internal factors that influence the profitability performance of selected life insurance firms in eight Asian countries (China, Hong Kong, Taiwan, Singapore, Japan, South Korea, Thailand and Malaysia) from 2008-2014. paper aims to focus on rather than external based resource-based view suggesting resources a firm are key gaining competitive advantage. Design/methodology/approach The authors used panel data estimation model test...

Purpose The concept of “buy now pay later” leads Malaysian Generation Y (Gen Y) to excessively use their credit cards for spending. To gauge the extent this worrisome scenario, purpose paper is attempt investigate factors, including attitudes, knowledge on card, materialism, social norm and self-efficacy, that influence card misuse amongst Gen in Malaysia. Design/methodology/approach authors have collected responses from a total 501 respondents two urban areas Malaysia estimated six multiple...

Purpose This study aims to investigate the association between Muslim individuals’ portfolio allocation choice and Islamic religiosity (levels dimensions), controlling for risk tolerance sociodemographic factors. Design/methodology/approach The uses primary data collected via survey questionnaires from a sample of 751 working individuals in Kuala Lumpur, Malaysia. Owing ordinal nature dependent variable, which reflects levels proportions risky assets portfolios, were analyzed using an...

Purpose The purpose of this paper is to empirically explore the financial well-being (FWB) Malaysian households and construct a subjective FWB index with present future time perspectives. Design/methodology/approach Data were collected from 1,867 respondents across five major regions in Malaysia. Adapting InCharge Financial Distress/Financial Well-being (IFDFW) Scale by Prawitz et al. (2006) method computing an Devlin (2009), study develops using measures that include perspectives...

This article examines the determinants of dividend policies public listed firms in Malaysia for period 2005 to 2009. A panel regression estimation model is used identify policy within Malaysian firms. These are then examined across eight different industries – Technology, Industrial, Consumer Noncyclical, Basic Material, Communication, Cyclical, Diversified and Energy investigate possible divergences payouts context an emerging market. Empirical findings show that firm size, leverage...

Purpose In a dual financial system where both conventional and Islamic institutions co-exist, the motives behind customers’ choices of products remain crucial factor to comprehend. Thus, this paper aims examine influence literacy (IFL) (religious, ethical economic) on holdings (IFPs). Design/methodology/approach The sample consists 234 bank customers in Klang Valley, Malaysia, with data obtained through convenience sampling method. instrument used was digital survey that electronically sent...

This study develops a comprehensive, objective measure of Islamic financial literacy (IFL) that encompasses six core concepts: general concepts, numeracy and computational skills, savings investments, borrowing financing, protection. Seven practitioners working in the banking finance industry Malaysia were chosen to validate before pilot testing on sample 403 working-age adult respondents. The scores are compared across samples students, adults, bankers significant differences identified for...

Purpose The purpose of this study is to examine changes in firms’ level information asymmetry emerging market Malaysia for the period 2000-2016. Specifically, focuses on quoted spread and depth following fraud announcement. Design/methodology/approach uses a unique set sample using enforcement action releases (EARs) identified from Security Commission Bursa Malaysia. To estimate result, authors use event methodology, OLS regression simultaneous model 67 fraudulent firms. Findings results...

Purpose Given the mixed evidence on relationship between internationalisation and firm performance, purpose of this study is to investigate effect financial performance in setting a matured stagnant market, global automotive industry. Design/methodology/approach The uses 37 manufacturers covering from 2000 2015. Panel regression analyses were used estimate four variables (return equity [ROE], return asset [ROA], capital [ROC] sales [ROS]) three main independent (foreign assets total [FATA],...

Purpose This paper aims to investigate how money in politics contributes corruption Malaysia. Design/methodology/approach study used in-depth semi-structured interviews collect primary data. The were conducted with two elite groups comprising seven politicians and corporate leaders. Data then analysed using a thematic analysis approach. Findings findings indicate Various types of the country are identified, namely political donation, bribery politics. also provides evidence underlying...

This study expounds on the debate regarding dividend payouts for different types of politically tied firms in Malaysia. We recognize heterogeneity political ties connected (PCFs) by government-linked companies (GLCs) and non-GLC PCFs. The results show that PCFs are positively related to PCFs, specifically GLCs, pay higher dividends than their counterparts. Additionally, our demonstrate high- low-levered GLCs consistently non-PCFs. These findings imply implement special policies, therefore, a...

Purpose This paper aims to examine the relationship between Islamic religiosity and financial asset holdings (IFAH) among Muslim individuals in Malaysia. Design/methodology/approach Data for this study were collected through a survey questionnaire, sample of 751 working Muslims Kuala Lumpur was obtained. measured via levels dimensions. IFAH as fraction assets held portfolio. A generalized linear model (GLM) used estimate relationships. Findings The results show that level influences IFAH....

The objective of this research is to examine the trends in exchange rate markets ASEAN-5 countries (Indonesia (IDR), Malaysia (MYR), Philippines (PHP), Singapore (SGD), and Thailand (THB)) through application dynamic moving average trading systems. This offers evidence usefulness time-varying volatility technical analysis indicator, Adjustable Moving Average (AMA′) deciphering these markets. factor, referred as Efficacy Ratio paper, embedded AMA′. adjusts AMA′ prevailing market conditions by...

Purpose This study investigates the borrowing behaviour of public sector employees in Malaysia by focusing on religious belief and psychological factors. The first objective is to examine differences according demographic socioeconomic factors civil servants. second investigate influence belief, excessive consumption, materialism financial literacy towards two aspects behaviour: personal loans credit card usage. Design/methodology/approach Primary data was collected using a digital survey...

This study compares the level of financial well-being (FWB) and its antecedents(financial stress, behaviour, literacy, internal locus control(LOC)) across individuals different employment categories in Malaysia. Second, it investigates relationship between those antecedents FWB differences strength. Data were collected from 1,867 respondents four employmentgroups using a questionnaire-based survey. Descriptive statistics analysis variance (ANOVA) conducted to achieve first research...

Financial literacy empowers consumers to make more informedfinancial decisions,including investing in mutual funds. In thisstudy,thesociodemographic profile of working adultswith low investment literacyvis-à-vis high literacyare examined first. Next, the impact literacyand risk toleranceon likelihood fundsare explored. Among a sample 260 adults comprising mainly Masters Business Administration(MBA) studentsfrom leading public higher institution Kuala Lumpur, Malaysia, study showsthat those...

This study investigates whether macroeconomic variables and stock market liquidity have any impact on each other in an emerging market. The Granger causality test innovative accounting approach (IAA) are used to the among of interest over period 2000 M1-2014 M12. Our results suggest that short-run, monetary base, rate, inflation foreign equity net inflow a lagged liquidity. analyses only industrial production cause IAA suggests shocks increase illiquidity while positive decrease illiquidity....