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The impact of crisis management on supply chain management to improve the performance continuity in the security sector in Abu Dhabi in the UAE
The United Arab Emirates is one of the most attractive countries for tourism and investment, it places additional strains on the country's public security sector in order to maintain the highest levels of safety and security., especially in the capital of the UAE, Abu Dhabi. It is known that effective crisis management contributes significantly to supply chains to ensure the continuity of civil activities in the country. Therefore, this study aims to explore the impact of effective crisis management functions on supply chain management in order to ensure business continuity in the security sector in Abu Dhabi. The study adopted leadership theory and communication theory in situational crises. The proposed conceptual framework explains the relationship between the practices of crisis management, supply chain management, and performance continuity. The research design in this study is scientific the research in this study is scientific, deductive, exploratory, and quantitative. This study employed questionnaires like those employed in the previous studies., which were adopted from previous studies. The population of this study is all employees who work in fields related to national security and their number is estimated to be at least 10,000 civil and military employees the target sample is 366 employees. As for the predictive model of performance continuity, the results show that the sub-model has moderate statistical significance as it can predict 49.8% of the variance in the continuity of performance based on the three predictors and supply chain management. The study showed that supply chain management plays an important mediating role, and the arrangement of the three independent variables is public relations, followed by the crisis management team, and then the crisis management strategy
Multi-objective pareto ant colony system based algorithm for generator maintenance scheduling
Existing multi-objective Generator Maintenance Scheduling (GMS) models have considered unit commitment problem together with unit maintenance problem based on a periodic maintenance strategy. These models are inefficient because unit commitment does not undergo maintenance and periodic strategy cannot be applied on different types of generators. Present graph models cannot generate schedule for the multi-objective GMS models while existing Pareto Ant Colony System (PACS) algorithms were not able to consider the two problems separately. A multi-objective PACS algorithm based on sequential strategy which considers unit commitment and GMS problem separately is proposed to obtain solution for a proposed GMS model. A graph model is developed to generate the units’ maintenance schedule. The Taguchi and Grey Relational Analysis methods are proposed to tune the PACS’s parameters. The IEEE RTS 26, 32 and 36-unit dataset systems were used in the performance evaluation of the PACS algorithm. The performance of PACS algorithm was compared against four benchmark multi-objective algorithms including the Nondominated Sorting Genetic, Strength Pareto Evolutionary, Simulated Annealing, and Particle Swarm Optimization using the metrics grey relational grade (GRG), coverage, distance to Pareto front, Pareto spread, and number of non-dominated solutions. Friedman test was performed to determine the significance of the results. The multiobjective GMS model is superior than the benchmark model in producing the GMS schedule in terms of reliability, and violation objective functions with an average improvement between 2.68% and 92.44%. Friedman test using GRG metric shows significant better performance (p-values<0.05) for PACS algorithm compared to benchmark algorithms. The proposed models and algorithm can be used to solve the multi-objective GMS problem while the new parameters’ values can be used to obtain optimal or near optimal maintenance scheduling of generators. The proposed models and algorithm can be applied on different types of generating units to minimize the interruptions of energy and extend their lifespan
Factors influence entrepreneurship among Muslim fisheries community in Kedah
Fishermen are a minority group working at sea. Fishermen are often associated as the poor who have to deal with their problems with low incomes. Poverty of fishermen is a complex problem of life and it is very important to be seriously considered by various parties. Therefore, there are also fishermen who venture as entrepreneurs. These fishermen entrepreneurs have a positive attitude to earn side income. Next, the entrepreneur processes the raw materials from the catch into products for sale. The production of products by fishermen entrepreneurs is taking a new step as it helps the government in the economy. This study uses a qualitative method. Eight informants consisting of fishermen entrepreneurs from the category of coastal fishermen or zone A fishermen were interviewed to obtain data for this study. The collected data were analyzed using thematic analysis methods. The findings of the study show that there are several factors that influence the fishermen community among them to become an entrepreneur. The factors that can explain the results of the study are the factors of attitude, thought and behavioral. Therefore, this study is expected to contribute to a better understanding of the factors influence entrepreneurship among Muslim fisheries community in Kedah. This study is also expected to provide real exposure by fishermen entrepreneurs and also guidance to the relevant parties to help fishermen entrepreneurs in the future
Malaysian Islamic bank financial stability: a comparative analysis before and during covid-19
At the end of 2019, the whole world confronted a vastly different type of crisis, that is COVID-19, which is still going on and impacted banking sector, especially Islamic banks. Thus, this study was conducted to examine the influence of bank-specific variables and macroeconomic factors on financial stability before and during COVID-
19 since it is essential for all financial institutions to maintain their stability as it plays an important role in the economy's growth. The variables include liquidity ratio (LIQR), profitability (PROFIT), asset quality ratio (AQR), capital ratio (CAP), staff efficiency (STAFFX), gross domestic product (GDP) and political stability index (PSI). By using E-views 12 software, the data obtained from the year 2012 until 2017 then is evaluated and interpreted. The Panel Data Regression Analysis was conducted in order to examine the factors that influencing the financial stability of the Islamic banks in Malaysia before and during COVID-19. The findings from this study revealed
that only two variables were found to be significant with the financial stability of Islamic banks before COVID-19 which are AQR and CAP. While during COVID-19, there are four variables were found to be significant with the financial stability which are PROFIT, CAP, GDP and PSI. From these results, it was proved that before COVID-19 indicates Islamic banks in Malaysia are more stable than during COVID- 19. Meanwhile, the stability of Islamic banks during COVID-19 is decreased but less impacted
The social construction of resilient Islamic militancy in northern Nigeria
The enduring issue over the role of religion and ethnicity in fomenting internecine conflict in contemporary Nigeria has been persistent for over a long period. Utilising the concept of constructivism, this study shows that politics is a ‘world of our making’. In this respect, the seemingly insolvability of ethnicity, identity and the national question of cohesion in Nigeria have been issues for some time due to human agency. Drawing on data collected from interviews and secondary sources, the study lays emphasis on the link between ethnicity, religion, and conflict in Northern Nigeria. Essentially, the conflation of ethnic and religious identities, especially those of Hausa- Fulani and the Muslim faith have long political and historical roots. The study established that historical processes and factors have shaped the Nigerian socio-political structures, religious life, and economic systems over time. This in turn affected the ability of elites and other norm entrepreneurs’ capacities to influence the development of violent extremism and militancy in Northern Nigeria. The findings also show that emergence of ethno-religious militancy in the Northern Nigeria since the 1970s as well as its modern manifestation, the Boko Haram movement, demonstrates yet again that as long as the basic socio-economic context does not fundamentally change for the better, elites and other agents will continue to manipulate the faulty lines in their pursuit for power and social standing. Most importantly, the study identifies the following prime drivers of resilient Islamic militancy in Northern Nigeria, that is, colonial legacies, socio-economic inequalities, cultural ties, government’s ineptitude and impunity, Koranic education, elite manipulation and international dynamics. The main implication of the study is that the struggle to accommodate ethno-religious differences remains one of Nigeria’s main enduring challenges
Perundangan dan prosedur zakat di institusi-institusi perbankan Islam Malaysia
There are various primary sources of zakat payment and among others are the Banking Zakat Management Manual 2010 (MPZP 2010) and Technical Release (TR i-1). MPZP 2010 obligates Islamic banking institutions to pay zakat when it meets certain conditions. While the TR i-1 only makes zakat as a liability to be stated in the financial statements in Islamic banking institutions. When MPZP 2010 and TR i-1 are inconsistent with the stipulated procedure, hence there will be apparent differences in the obligation of zakat payment by Islamic banking institutions. Thus, this research includes five Islamic banking institutions in Malaysia as samples to be analysed in terms of procedures and legislation of zakat. There are four objectives of research namely examining the legal provisions that enable Islamic banking institutions in Malaysia in collecting and paying zakat; studying the capacity and jurisdiction of Islamic banking institutions in obligating the payment of zakat; studying the overlapping of jurisdictions between the Central Bank of Malaysia (BNM) and the State Islamic Religious Council (MAIN) in enforcing the regulation of zakat collection; and analysing procedures of zakat computations and distributions. This research was conducted qualitatively using historical and comparative approaches. The data collection and analysis is done through interviews and content analysis. The results of the research found that there is no specific legal provision related to the zakat payment. The Islamic banking institutions in Malaysia cannot collect banking zakat on its entity capacity unless being authorized by MAIN. Besides, this Islamic banking institution has the jurisdiction to obligate the payment of zakat. There is no overlapping of jurisdictions between MAIN and BNM as collection and distribution matters are still under the purview of MAIN. While BNM has the authority to obligate Islamic banking institutions to state the method of banking zakat computation in the annual financial report that includes growth capital method which is met the Maqasid Syariah. In conclusion, the standardization in banking zakat governance could ensure transparency and accountability in terms of collection, payment and distribution of zakat
Impact of corporate governance mechanism on financial performance of Malaysia listed firms
Purpose- To investigate the elements of effective corporate governance mechanism that includes board attributes and disclosure of key audit matter impact on financial performance of companies listed in Bursa Malaysia (Malaysia Stock Exchange) during the year 2016 to 2019
Design/Methodology-This study uses descriptive statistics, inferential statistics which includes of Pearson Correlation and Multiple Regression analysis to examine the influence of board attributes (board size, board independence, board gender diversity) and key audit matter disclosure on the dependent variable (return on asset and return on equity).
Findings- The findings indicate post controlling the board attributes and key audit matter, there is insignificant association with the board size, board independence and board gender diversity on the firm’s performance. However, the findings indicate there is relationship between key audit matter disclosure and the firm’s performance.
Research limitations- Limited to investigation of the relationship between board attributes and key audit matters on firm’s performance. It excludes the other governance attributes. Studies also limited as period of studies is from 2016 to 2019. There is need for prolonged studies and increased observation sample.
Practical implications-The findings of this paper are able to describe the impact of board attributes and key audit matter disclosure on financial performance of Malaysia listed firms which would provide useful insights to many of the actors in the markets such as issuers, investors and policymakers which can be relied upon in making strategic decisions to issue and invest in Malaysian market. Furthermore, this research could prove to be useful for regulators as they are responsible for the acceptable level of corporate governance standards.
Originality/Value-This study contributes to the body of knowledge by focusing heavily on enhancing firm’s performance by reducing conflict of interest between board of directors, auditors, and shareholders in Malaysia. Additionally, this study benefits from the agency theory and resource dependency theory to provide evidence on the effect of board attributes and key audit matter disclosure on Malaysia listed firms
Factors influencing voluntary income tax compliance Intention among sole proprietors: The mediating effect of information dissemination
Tax non-compliance is a unique problem as it depends not only on economic consequences but also on the combination of psychological, sociological, ethics, enforcement, tax administration, and demographic factors. Various strategies have been introduced by the Inland Revenue Board of Malaysia (IRBM) to combat noncompliance problems in Malaysia such as taxpayer's education, programs to increase tax awareness, tax audit and tax investigation. This study is an extended Theory of Planned Behaviour associated with the Expected Utility Theory and the Deterrence Theory to predict the intention to voluntary compliance among the sole proprietors in Malaysia. The potential factors that influence the intention to voluntarily comply with tax laws such as attitude towards the intention to comply, subjective norm, audit activities that consist of penaltyrates and the probability of being audited, opportunity, and information dissemination were studied. The mediating effect of information dissemination was also analysed in this study. The samplefor this research was gathered using random sampling from the population of sole proprietors in Malaysia. A total of 500 questionnaires were distributed and only 123 questionnaires equivalent to 24.6% were used in the final analysis. This study indicated that only attitude, subjective norm, and information dissemination are significantly related to intention towards voluntary compliance. The analysis also suggested that information dissemination mediates the relationship between audit probability and intention towards voluntary compliance. This study contributes to the tax compliance literature and policymakers. Voluntary compliance is the key to a successful tax administration. Thus, it is crucial for IRBM to determine the factors that can influence the voluntary compliance behaviour of taxpayers
Existence and separation of risk management committee: Determinants and mediating effect on performance
This study examines the mediating effect of existence and separation of risk management committee (RMC) on the relationship between ownership structures, ethnicity, female directors, Shariah compliance and firm performance in the context of Malaysia business environment. This study used secondary data obtained from the annual report of nonfinancial firms listed in the Bursa Malaysia from 2015 to 2017 with 2,173 firm-year observations. A multiple regression was employed to test the mediation using the Baron and Kenny method as well as the Sobel Test. The findings revealed that ownership structure (namely family, government, managerial and foreign), ethnicity and female directors are significantly associated with the establishment of RMCs and these results are robust to multiple additional analyses. This study also revealed that there is a positive significant relationship between the existence of RMC and market performance of firms. The finding supported that, an RMC signals to investors and outsiders that the firm has applied good corporate governance practices thus lead to increase in the performance of the firm. In contrast, it is documented that separate RMC does not enhance the market value of firms. Moreover, the mediation model reveals that the existence of an RMC partially and significantly mediates the relationship amongst the family, government, managerial, foreign, ethnicity, female directors, and firm performance (proxy by Tobin’s Q). The findings of this study support the importance to have an RMC in a firm in order to assess and disclose more information regarding the risks that exist in the firm, which in turn, can increase firm value. Therefore, this study provides empirical evidence on the determinants of RMC in Malaysia and also the importance of the existence and effectiveness of RMCs in enhancing the firm performance, which will be useful for investors, policymakers, regulators and researchers
Strategic orientation and performance of small medium enterprises: The moderating role of entrepreneurial networking
The main objective of this research is to examine the moderating role of entrepreneurial networking on the relationship between strategic orientation and performance of small and medium enterprises in the leather sector. Strategic orientation in the current research is composed of entrepreneurial orientation, market orientation, and learning orientation. Due to declining growth rate of leather sector small and medium enterprises, the data has been collected from small and medium enterprises operating in the leather sector Sialkot and Karachi Pakistan, using a cross-sectional study design. The study adopted systematic sampling and collected data from 374 respondents using questionnaires. The data was collected using the personally administered method and other social media like WhatsApp, Email, SMS, etc. In order to analyze the proposed framework and hypothesis, Partial Least Squares Structural Equation Modeling was used. The findings revealed a strong relationship between entrepreneurial orientation, market orientation, learning orientation, and performance of small and medium enterprises in the leather sector of Sialkot and Karachi Pakistan. Likewise, entrepreneurial networking has a significant moderating effect over the relationship between entrepreneurial orientation, market orientation, learning orientation, and the performance of small and medium enterprises. The findings strengthen the proposition of Resource Based View with the support of Resource Dependency Theory and identified that along with internal resources, outside resources that are achieved from entrepreneurial networks are compulsory for achieving success. The results of this study provide important insights to owners and managers, policymakers, and researchers to further understand the effects of entrepreneurial orientation, market orientation, learning orientation over the performance. Lastly, limitations of the current study and avenues for further research are discussed