9143 research outputs found
Sort by
Determinants of behavioral intention to use employer e-filing system among registered employer (other than company) in the Klang Valley
Get PDFTechnology has been known as a strategic medium for being competitive among firms and able to boost company’s performance. The Inland Revenue Board of Malaysia (IRBM), which is responsible for collecting taxes, employs technology to perform its duties in order to streamline the filing of tax returns and optimize the amount of tax revenue collected. E-filing is one of the technology projects that have been introduced to the taxpayers with the aim to increase the efficiency and ease of government services to the taxpayers. Unfortunately, most employers (other than company) found it difficult to adapt to these changes. Existing models of technology adoption have not provided sufficient insights on factors that could influence the successful adoption of employer e-filing system among employers (other than company) in the Klang Valley. Thus, this study aims to explore the level of using employer e-filing system among employers (other than company) and determine behavioural intention to use employer e-filing system among registered employers (other than company) in the Klang Valley. This study employed primary data and the mean score of each variable to gain the level adoption of e-filing system among registered employers (other than company) in the Klang Valley. In addition, the Unified Theory of Acceptance and Use of Technology (UTAUT) (Venkatesh, Morris, Davis, & Davis, 2003) is adopted in this study to determine the relationship between identified factors and behavioural intention to use employer e-filing system among employers (other than company) in the Klang Valley through the survey method with 347 completed questionnaires returned. The Statistical Package for the Social Science (SPSS) version 23 has been used to analyse the data to fulfill the objectives of this study. The results of the study show that the factors that determine the acceptance of the employer's e-filing system among registered employers (other than company) in the Klang Valley are performance expectations, social influence, trust in the system, and risk perception. The findings show that greater efforts should be made to strengthen the employer e-filing system's security features since the concerned are about data security in managing employees' confidential information
The effect of demographic and perception of justice towards Special Voluntary Disclosure Program (SVDP): A case of individual tax payer in Terengganu
Get PDFTax compliance is an issue faced by all countries and is often discussed globally, including Malaysia. Low compliance rates require tax administrators to identify appropriate methods and ways to solve the issue. One of the Malaysian government's initiatives in overcoming the above problems is by introducing Special Voluntary Recognition Program (SVDP) which starts from 3 November 2018 until 30 September 2019. The government through the Inland Revenue Board of Malaysia (IRBM) targets one million taxpayers to participate in this program with an expected collection of RM 10 billion. However, after the program ended, only 286,428 taxpayers participated and the collection was only RM 7.8 billion, which was lower than initially expected. Studies need to be done to identify the causes of participation and collection not as initially expected. Therefore, this study was conducted to identify the relationship between factors such as race, gender, type of income, marital status and perception of justice with participation in PKPS. This study uses data from the responses to questions that have been sent to taxpayers in Terengganu. A total of 300 people were selected to answer the question and only 133 provided feedback while the remaining 167 did not provide any feedback. The data has been analyzed by using SPSS software and the results showed that only marital status and perception of justice had a significant relationship with participation in PKPS in Terengganu. With the findings, it is hoped that the government, including the IRBM, can work together to identify target groups and formulate strategies to increase tax compliance rates in Malaysia and especially in Terengganu
Determinants of intention towards indebtedness amongst government servants : Moderating effect of accounting literacy and financial literacy.
No full textWorsen household debts annihilate financial vulnerability as government servants in a fraction of the emerging economy, Malaysia is not to be missed. Debt proliferations are what they are likely to defer to increase personal indebtedness, thus can lead to
bankruptcy. Sequel to the theory of planned behaviour (TPB) adopted as the theoretical underpinning, the present study examines the moderating effects of accounting literacy and financial literacy on the relationship between the intention towards indebtedness and its determinants. The independent variables under consideration are attitude towards indebtedness, subjective norms, perceived behavioural control, lifestyle, religious obligation, and risk behaviour. A total of 377 respondents from Northern Malaysia were drawn to elicit data through self-administered survey questionnaires. Structural equation modelling (SEM) was used to analyse the data through partial least square (PLS) path modelling. A total of twenty hypotheses were tested, of which eight are on direct relationship while twelve are with the moderating effects. The result shows that; seven hypotheses, representing 35% of the total, are supported. Of this number, four have a direct significant relationship with the intention towards indebtedness, while the
remaining three have reflected a significant relationship through the moderating effect of accounting literacy and financial literacy. The study concluded by highlighting the practical, methodological, and theoretical implications. Finally, limitations are discussed, and recommendations for further research are provided. If the recommendations are followed, they may help the government, policymakers, regulators, practitioners, and other stakeholders mitigate the negative consequences of accounting illiteracy and
financial illiteracy among government employees throughout Malaysia
Financial Risk Literacy and Financial Wellbeing Among Youths In Northern Malaysia.
No full textOverwhelmed amount of household indebtedness, high rate of bankruptcy, and low Amount of emergency savings raise concerns regarding the financial risk literacy of the Youths in Malaysia. Therefore, the prime objective of this study is to examine the impact Of financial risk literacy factors (financial risk knowledge [FRK], financial risk awareness [FRA], financial risk attitude [FRAT], and financial decision-making [FDM]) on the Financial well-being among the youths living in the northern region of Malaysia. Furthermore, this study also aims to identify whether there is a significant difference Between males and females regarding financial risk literacy factors. This study employed A correlational research design with an online survey approach for data collection was Used to meet the objective of this study. The survey data was collected from 400 Respondents aged 18 to 30 living in the northern region of Malaysia. Furthermore, to test The hypothesis of this study, Partial Least Squares Structural Equation Modeling (PLSSEM) And Statistical Package for the Social Sciences (SPSS) were utilized. The results of The hypothesis testing of the present study revealed that FRK, FRA, FRAT, and FDM Have a significant positive impact on the financial well-being of youths living in the Northern region of Malaysia. The results also indicate a statistically significant difference Between males and females regarding financial risk literacy factors. These findings will Provide valuable insights to policymakers, administrators, professionals, and educators on Understanding the importance of financial risk literacy factors to improve the financial Well-being of the youth. This study also suggests that educational institutions, Policymakers, and professionals make the necessary efforts to educate youth about Financial risk literacy, which can assist them in improving their financial well-being
Amalan pengurusan kewangan dengan tahap keberuntungan perusahaan kecil dan sederhana di daerah Sik, Kedah.
No full textSmall and Medium Enterprises (SMEs) play an important role in the Malaysian economy. This study focuses on the effect of financial management on the profitability of SMEs in the Sik District, which have several advantages and contributions to the economic and social of the population, especially to the local community such as the provision of employment opportunities, the maximum use of the workforce, the provision of infrastructure and a good level of technology in ensuring the ease with which business activities are carried out. In this study as well, a total of 161 data were collected through questionnaires obtained directly. Specifically, there are five independent variables that represent financial management, namely financial reporting and analysis, cash management, inventory management, receivables management and financial planning. A total of five hypotheses have been developed in this study of SMEs in Sik District. By using the measurement tools suggested in the previous studies , a statistical analysis technique using data examination procedures and structural model evaluation has been conducted. Results show a significant relationship between financial reporting and analysis, inventory management and financial planning with the profitability of SMEs in Sik District. Based on the result, this study suggested that SMEs in Sik District need to increase their knowledge, skills, involvement and attention to the financial management of their businesses so that efficient financial management can be implemented in an effort to increase the profitability of their enterprise. In addition, the local authorities responsible for the development of SMEs in Sik District can assist them in using technology and funds to improve the efficiency of financial management. Next, the research of this study can also contribute to the body of knowledge and the development of existing SME entrepreneurs and the Small and Medium Enterprises literature in Sik District and Malaysia
The Persistence Of Bribery Practices In Abuja, Nigeria: An Empirical Analysis
Get PDFThe main purpose of this study was to examine the perceptions on the persistence of bribery practices in Abuja, Nigeria. Previous studies focused more on the prevalence and pervasiveness of bribery practices; minimal attention was accorded to why the practices continued to occur despite combative policy measures, strategies and programs put in place. Relying on the economic processes, anomie and institutional quality among other theories, this study specifically investigated the relationship between societal acceptance of bribery, anti-bribery measures, perceived socioeconomic benefits of bribery, influence of demographic differences and the perception on the persistence of bribery practices in Abuja, Nigeria. Cluster and purposive sampling techniques were employed to identify the respondents in the study area. The data for this study were collected using a survey questionnaire and semi-structured interview questions. A total of 836 valid responses were collected from the survey questionnaire, whereas six respondents participated in the semi-structured interview. The responses generated from the survey questionnaire were analysed using Partial Least Squares-Structural Equation Modelling (PLS-SEM) method, while the thematic approach was used in analysing the responses generated from the semi-structured interview. The study was conducted using the convergence quantitative and qualitative mixed method-triangulation design. The findings of this study demonstrated that societal acceptance of bribery, anti-bribery measures, perceived socio-economic benefits of bribery, gender and educational qualification significantly influenced the persistence of bribery practices in Abuja, Nigeria. The study has made theoretical, methodological and practical contributions towards the reasons for the persistence of bribery practices. The study provides policy makers with alternative measures of dealing with the persistence of bribery practices as well as recommendations for further research in the field of bribery practices were offered based on the limitations of the study
Financial development institutions and economic growth in the selected Asean-3 countries
Get PDFThe effect of financial development on economic growth is still a debatable issue leading researchers to engage in studying the contributing indicators and extension of the effect. Two commonly used sectors in representing financial development are banking sectors and stock markets. However, institutions are also a factor that influences financial development and economic growth. Previous outcomes differ between countries because of unique institutional quality in term of corruptions level, government bureaucracy, law and order, and risk of investment. Thus, this study investigates the relationship between financial development and economic growth for the selected ASEAN-3 countries, namely Malaysia, Singapore and Thailand for the period of 1984 to 2018 and pay particular attention to institutions' role in affecting the relationship. Autoregressive distributed lag (ARDL) is used in examining the data. The findings indicate that financial development and institutions are significant for all ASEAN-3 countries' economic growth. However, the results for the threshold analysis depict that Malaysia and Singapore possess an inverted U-shape relationship between financial development and economic growth, while Thailand indicates a linear relationship. Hence, increasing financial development beyond the threshold value would provide a negative effect on the economic growth for Malaysia and Singapore. When the interaction is inserted, financial development, banking sectors development, and stock markets development indicate a positive and significant economic growth effect. As indicators for stocks markets are decomposed, the results also show a more significant coefficient after the interaction. It implies the importance of institutions in boosting the effect of financial development on economic growth. So, policies should be outlined by the ASEAN-3 countries to increase and balance the efficiency of the banking sectors and stock markets and to improve institutional quality by reducing the corruption level and increase investment securities through fortification of law and order
The impact of socio-economic determinants on rural poverty in Pakistan
No full textThe objective of this study is to explore the socio-economic determinants of poverty in the rural area of Southern Punjab, Pakistan. These rural areas of Southern Punjab were selected because the poverty rates are higher in these areas if compared to urban areas. The rural poverty happens due to many factors such as high dependency rate, lack of education, lack of health facilities and low per capita income. The moderating effect of culture was also taken into considerations in this study. Cultural Belief Systems Theory together with the Cumulative and Cyclical Interdependency Theory was adopted in this study because both are among the major theories and often used in the poverty eradication studies, and in various other fields of research too. Based on the essence of both theories, this study hypothesized that socio-economic determinants have positive impact on rural poverty and culture moderates these relationships. Research data were collected through cross-sectional method and the sample consisted of 444 households. The data were analysed using Statistical Package for Social Sciences (SPSS) and Smart Partial Least Square (Smart PLS) software. SPSS was used for descriptive data analysis whereas Smart PLS was used for the inferential analysis. The findings of this study unveil that the socio-economic determinants namely education, health and income were significantly related to rural poverty, whereas the population has negative effects on rural poverty. Culture has a moderation effect on the relationship between educations, health and income with rural poverty but it exerts no moderation effect on the relationship between population and rural poverty. As the result of this study exhibits that socio-economic determinant are the key towards alleviation of rural poverty, it is recommended that the policy makers should developed appropriate strategies which focused on poverty eradication and the development of the nation. It is suggested that promoting education among the rural people, providing more educational opportunity so that the dependency rate may be reduced, and provision of basic necessities for everyday life in the rural areas may help reduce the poverty rate. Finally, the findings of this study hopefully will pave the way for further improvements in rural development and poverty alleviation in Pakistan
Developing strategic risk management planning framework in facing Covid-19 at Lembaga Zakat Negeri Kedah (LZNK)
Get PDFThe pandemic of COVID-19 has badly affected the overall socio-economic aspects of industries, societies and human activity at different levels and requires an interdisciplinary approach related to strategic planning. Strategic risk organizational success planning is the best when performance is measured as effectiveness, and when strategic risk planning is measured as structured strategic risk planning. Therefore, all the organization that affected with this pandemic need to re-structure their future strategic risk management planning and approach to reduce its impact, including, zakat institution in Malaysia. Moreover, the growing amount of asnafs is also reported. As a result, the situation becomes more difficult as zakat collection during the pandemic is reported to be declined and insufficient because special and emergency fund allocation is needed. This tough situation is happening to most zakat institutions in Malaysia, including Kedah. Thus, in order to ensure that zakat is adequate and can be distributed to the vulnerable asnafs in Kedah, LZNK needs to establish a strategic risk management plan by considering various external and internal factors affecting the collection of zakat at LZNK and other relevant strategies of the plan. The purpose of this study is to propose a strategic risk management planning framework for LZNK in facing COVID-19 pandemic. This study decentralizes the scenarios posed in the current literature and aims to address practical implications in response to the decreasing amount of zakat collection during COVID-19 pandemic in Malaysia. In general, three objectives have been designed for this study; to identify the issues and challenges faced by LZNK during COVID-19 pandemic, to explore the current strategic risk management planning practiced by LZNK and to develop strategic risk management planning framework for LZNK in facing COVID-19 pandemic. For research methodology, this study uses qualitative approach and Lembaga Zakat Negeri Kedah (LZNK) was chosen as a case study. The data collection process was done through literature reviews and interviews with twelve informants from LZNK officers, zakat scholars, zakat payers and asnafs. Meanwhile, the process of data analysis involved thematic analysis. This study found that LZNK is facing various challenges in developing a risk planning framework to face the COVID-19 pandemic particularly in the areas of administration, finance, human resources, accounting and reporting. Also, it is found that LZNK has the potential to develop its strategic risk management planning framework in facing COVID-19 pandemic. The result of the study is a strategic risk management planning framework that can be put into practice to help LZNK deal with the challenges posed by the COVID-19 pandemic. This study is beneficial to the development of zakat and society in general as it finds innovative and efficient ways to incorporate strategic management with the Islamic finance institution. In short, this study helps researchers who are interested in Islamic finance growth and development and addresses the methods of poverty alleviation for Muslims and considers both Islamic and contemporary ways of improving economic conditions
Purchase intention of imported halal products among muslim consumers in Terengganu
Get PDFThe activity of importing goods is increasing to fulfil the demand of the local community and to establish relationships with other industries from abroad. Malaysia as a majority Muslim population consumes halal elements in each product. However, the issue arises when there are some Muslim consumers neglecting aspects of halal in choosing the
imported product. The purpose of this study is to examine the determinants of purchase intention on imported halal products among Muslim consumers in Terengganu. This study employed a quantitative method where a questionnaire is used as a method in data collection by examining the relationship between awareness, attitude, subjective norm, perceived behavioral control and religiosity with purchase intention of imported halal products. The sample study consists of 148 of the JHEAT staff as Muslim consumers and the data was analyzed using SPSS version 25. The finding of this study reveals that there
is a moderately high in level of awareness toward imported halal products. Furthermore, all five variables have a positive relationship on the purchase intention of the imported halal product. The result also found subjective norm, religiosity and perceived behavioral control are the most influential determinant of purchase intention toward imported halal products among Muslim consumers. Hence, this study will help marketers to identify the behavior of consumers. It is also beneficial for the international manufacturing industries because they can provide products that meet the criteria of Muslim consumers needs and
develop an effective marketing strategy for potential consumers in Malaysia. The future study can be improved by being conduct with specific international products or to the public people and examining other factors of purchase intention in imported halal products