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The Effects of Sustainable Development on the Sustainable Performance of Small and Medium Enterprises in Emerging Economies: From the Perspective of VUCA Approach
Get PDFFinding a balance between the needs of all parties and the state of the environment is what "sustainable development" tries to do. The goal is to protect future generations while also making progress for humanity. However, not a lot is known about how small and medium-sized businesses can run safely in emerging countries and how sustainable development affects them. So, this study's goal is to find out how the success of small and medium-sized businesses in Malaysia is linked to long-term growth. The main purpose of this study is to find out how sustainable success and sustainable growth are linked in Malaysian small and medium-sized companies. A numeric survey method was used to get information from small and medium-sized businesses in Malaysia. The businesses filled out a questionnaire on their own time. Using data from this study, PLS-SEM was used to look at the link between sustainable growth and sustainable success. The study's results showed that sustainable success and sustainable growth are closely linked. The study's results will help the government and business community build businesses that are competitive, strong, and long-lasting, so they can do well in both local and international markets
The Impact of Social Trust, Social Network and Financial Innovation on the Financial Well-Being of Micro-Entrepreneurs in Malaysia: A Pilot Study
Get PDFThis study aims to assess the reliability and validity of a questionnaire designed to measure the impact of social trust, social networks, and financial innovation on the financial well-being of micro-entrepreneurs in Malaysia. Employing a descriptive research design and a cross-sectional approach, data were collected from 140 micro-entrepreneurs, with the questionnaire serving as the primary research instrument. The findings reveal strong internal consistency within the factors under investigation, underscoring the robustness of the questionnaire. Additionally, insights into the demographic profile of micro-entrepreneurs offer a valuable understanding of their characteristics and operational dynamics. The implications of this study extend to policymakers, industry stakeholders, and researchers, providing actionable insights to support the sustainability and resilience of micro-entrepreneurs. Overall, this research contributes to advancing knowledge in the areas of social trust, social networks, and financial innovation concerning the financial well-being of micro-enterprises. It holds significant implications for fostering economic growth, reducing inequalities, and promoting inclusive development in Malaysia
Supply Chain Limitations in the South African Engineering Sector-Supply Chain Professionals Views
Get PDFThe engineering industry has several obstacles as the worldwide economy slows, including macroeconomic hardship, lack of resources, organizational deficiencies, and an overall incapacity to respond to major concerns. In the past few years, they have gotten increasingly intense and serious. Empirical supply chain administration studies identify impediments that hinder the engineering industry in emerging nations, such as South Africa. This research aims to investigate supply chain limitations in the South African engineering industry. The literature was evaluated as well as interviews that were semi-structured and were used to get thoughts from 15 senior supply chain professionals. To examine qualitative data, ATLAS.ti (version 7) software was used for content analysis. The conversations revealed six topics, such as a shortage of capital in supply chains, innovative supply chain process restrictions, supply chain administration changes, supply chain cooperation, supply chain administration, and scheduling administration. engineering companies should use systems to manage their supply chains, integrated options, and collaboration managing project techniques and technology. The findings reveal a shortage of expenditure in supply management processes and the fact that engineering companies are still lacking a strategic perspective on managing their supply chains. However, it seems that supply chain tactics may improve an organization's efficiency and business performance in engineering companies
Trends in Digital and Critical Thinking Skills Research in Millennials Accountant Profession: A Bibliometric Analysis
Get PDFThe accounting profession faces numerous challenges in the era of digitalization. With the constant evolution of technology, the skill of critical thinking is becoming increasingly valuable. Accounting professionals are responsible for making critical choices using financial data, predictions, and analytical techniques. The capacity for critical thinking is of utmost importance in the digital age due to the abundance and complexity of data. Therefore, this paper aims to analyze the trends in articles published on digital and critical thinking skills in the millennial accountant profession by using bibliometric analysis and VOS viewer software. The data were collected from the Scopus database from 2014 to February 2024, with 456 published papers with the keywords “Millennial”, “accountant profession”, “digital skills”, and “critical thinking”. The finding shows that higher education remains the predominant author keyword in academic writing over the previous decade, with accounting education ranking second rather than critical thinking abilities. The top ten articles do not directly correspond to the digital and critical thinking abilities of Millennial accountants. This study contributes to the literature on the Millennial accountant profession by providing interdisciplinary approaches incorporating technology-enhanced learning methods, case studies, and real-world simulations to develop holistic skill sets among aspiring accountants
The Impact of Foreign Direct Investment, Green Technology Innovation and GDP on CO2 Emissions in Western China: A Static Panel Data Analysis
Get PDFThis study investigates the impact of FDI, green technology innovation and GDP on CO2 emissions in the western region of China. This study applies the extended STIRPAT model, selects the relevant data of nine provinces in western China from 2000 to 2019, applies the static panel data analysis method, compares and analyses the estimation methods of Pooled OLS, fixed effect and random effect, and finally adopts the robust standard error estimation method of fixed effect. The results of the robust standard error estimation indicate that, in addition to the negative impact of green technology innovation on CO2 emissions, CO2 emissions are positively impacted by FDI, GDP, population, and the proportion of the secondary and tertiary industries. Therefore, reasonable introduction of FDI and improving green technology innovation levels are crucial in reducing CO2 emissions in the western region of China
Islamic Human Resource Management (IHRM) Influence on Employee Turnover Intention in Multi-National Corporations (MNCs) in Malaysia
Get PDFThis paper investigates the dynamics affecting employees' intentions to leave their jobs in multinational corporations (MNCs) in Malaysia, focusing on the influencing factors of Islamic human resource management (IHRM). The increasing trends of employee turnover intention have significant implications for businesses, as they can impact strategic objectives and plans. The consequences encompass higher expenses, elevated costs for hiring and replacing employees, the need for time-consuming training, disruptions in productivity and supply, and a decrease in morale. To investigate this phenomenon, a positivist research design with a correlational study approach was adopted. The study population consisted of diversified MNCs, with a sample of 277 MNC employees as the unit of analysis. Questionnaires were used as the research instrument. The findings revealed a strong relationship between Islamic recruitment and hiring and employee turnover intention, and between Islamic performance and compensation and employee turnover intention. This study highlights the importance of integrating Islamic human resource management into organizational practices, identifying specific management strategies that can help mitigate and address employee turnover intention
The Share Price Behavior of the IPO Surrounding the Expiration of the Lockup Period. Evidence from IPOs with No Analyst Positive Recommendations
Get PDFThis study investigates the share price performance of the IPOs surrounding the expiration of the lockup period in the Malaysian stock market. The study explores whether the IPOs without analysts’ positive recommendations give a significant positive share price performance in situations of the negative effect of the expiration of the lockup period. The IPOs sample of 281 companies was taken from the period of January 2000 to December 2014. The study applied event study methodology to investigate the performance of the IPO share price. The study found that the IPOs without analysts’ positive recommendations gave an insignificant positive share price performance in the event window of (-10, +10) surrounding the expiration of the lockup period. Whilst, the longer event window (-30, +30) shows a significant positive share price performance surrounding the expiration of the lock-up perio
Exploring The Influence of Short Travel Reels and Video Reviews on Travel Inspiration: A Study of Island Reviews
Get PDFThis study investigates the impact of short travel video reels on travel inspiration and intention, focusing on how presenter attractiveness, destination attractiveness, and video design influence viewers’ motivation to travel. Despite extensive research on traditional travel marketing methods, there is a notable gap in exploring the role of short-form video content in influencing travel-related decisions. The primary objective of this research is to examine how various elements of short travel video reels affect travel inspiration and intention. The study employs a systematic sampling technique with an intercept method, utilising survey data from participants who watched short travel videos showcasing different presenters, destinations, and video designs. The methodology includes mediation and moderation analyses to assess the relationships between the attractiveness factors and travel intention mediated by travel inspiration. The findings reveal that presenter attractiveness, destination attractiveness, and video design significantly influence travel intention, with travel inspiration as a critical mediator. The study confirms that engaging and visually appealing travel videos can effectively stimulate viewers’ desire to travel. However, the expected moderating effect of openness to experience on these relationships was not supported, suggesting that other factors may play a more significant role in shaping travel inspiration. For marketers and content creators, the findings highlight the importance of investing in high-quality, visually compelling travel content and selecting charismatic presenters to maximise viewer engagement. Additionally, the research underscores the need for future studies to explore emerging media formats and cultural variations in travel inspirations
A Conceptual Discussion Related to Festival Events in Malaysia
Get PDFThis study explores the rapidly growing subject of festival event management in Malaysia's travel and tourist industry, emphasizing the cultural, social, and economic effects of festivals. The project aims to improve festival management efficiency by identifying stakeholder concerns and investigating best practices. Through a conceptual analysis of 24 papers from Emerald, Science Direct, and Scopus, the study emphasizes the significance of continuous innovation, management frameworks such as EMBOK, and strategic planning. The findings suggest that addressing gaps in administrative practices and specialized education can significantly improve the effectiveness and sustainability of Malaysia’s festival events
Regression Analysis of Dimensions Event Volunteer Motivation Towards Intention to Volunteer
Get PDFVolunteerism at events, from small to large-scale festivals such as sporting competitions, is critical to their success. Understanding event volunteers' motivations is crucial for organizers in terms of recruiting, retaining, and managing volunteer resources efficiently. This study aims to examine the relationship between dimensions of event volunteer motivation which include leisure motivation, purposive motivation, egoistic motivation and external influence on the intention to volunteer. Previous studies have found that these multi-dimensional motivational factors are essential for fostering an individual’s decision-making process towards volunteering at an event. Positive effects on volunteer motivation will be analyzed using regression analysis in this research. In general, the results derived from the study will assist event organizers in understanding how their volunteers make decisions about taking part in the festivals they organize as well as designing ways of recruiting, managing and holding onto them for attaining ultimate success during such occasions