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An Icon of Lifelong Learning
Get PDFAsia e University (AeU) is among the academic institutions selected as the Lifelong Learning Icon for the year 2019. This year. the programme organised by the Ministry of Education (MoE) has nominated several local icons from numerous backgrounds with the goal to celebrate inspiring icons and cultivate the lifelong learning culture in Malaysia to motivate the young generation to pursue academic excellence regardless of time frame and age
Why Foreign Banks Fail in Emerging Economies: Risk Management Perspective from Pakistan
Get PDFThe tenacity of this paper is to understand the concept of ‘relative efficiency’ as an alternative measure to assess bank performance, and to investigate the progressive performance of foreign and domestic banks in Pakistan. A very steady growth is observed in assets of foreign banks in Pakistan although Pakistani banking sector has very limited contribution of foreign banks but its historic contribution is much accountable towards economic growth. The significance of this study is that we have conducted the study in Pakistan which was not explored earlier. A research design is the structure for investigation and way of finding out the answer of research question (Huizinga, 1999). We have conducted this research under the umbrella of Quantitative paradigm. Our preferred methodology is CAMELS. This system was developed by ACCION (Americans for Community Co-operation in Other Nations) in 1980’s to help regulator banks of North America (hUallachain, 1994). CAMELS methodology adopted by North America Bank regulators to know the financial and managerial reliability of commercial lending institutions. For sample selection of the banks, we used criteria sampling method that is a type of non-probability sampling. We took sample data of 16 banks working in Pakistan from the period of 2014-2016. Groups are structured according to their ownership status. After assessment of CAMELS rating system in the context of Pakistan banking industry, it is observed that CAMELS is an internal rating system and its results are not available to the general public but to the regulators and the directors of the banks, so we implement its ratios to avail the result of the sample banks. Results of international credit rating agencies such as S&P, Moody’s and Fitch should also be compare for similarities with CAMELS or any of the supervisory rating systems implemented in different countries. It would be productive research to study adoptability of CAMELS rating system in the context of Islamic banking system.
Momentum Effect in Stock Market: Empirical from Pakistan Stock Exchange
Get PDFThis study aims to examine the momentum effect presence in selected stocks of Pakistan stock market using data from Jan 2007 to Dec 2016. This study constructed the strategies includes docile, equal weighted and full rebalancing techniques. Data was extracted from the PSX – 100 index ranging from 2007 to 2016. STATA coding ASM software was used for calculating momentum portfolios, finally top 25 stocks were considered as a winner stocks and bottom 25 stocks were taken as a loser stocks. In conclusion, the results of the study found a strong momentum effect in Pakistan stock exchange PSX 100- index. As by results it has been observed that a substantial profit can earn by the investors or brokers in constructing a portfolio with a short formation period of three months and hold for 3, 6 and 12 months. There is hardly a study is present on the same topic on Pakistan Stock Exchange as preceding studies were only conducted on individual stock markets before merger of stock markets in Pakistan while this study leads the explanation of momentum phenomenon in new dimension i.e. Pakistan Stock Exchange
Moving Forward With Changing Times: ODL as a way to further education opportunities
Get PDFOpen and distance learning (ODL) has been a boon for many people, from working professionals to people with physical disabilities. With advancing technology, it has become easier to pursue education through ODL
Organizational Justice and Employee Deviance among Emergency Services Personnel in Malaysia
Get PDFFairness in the workplace is imperative in the emergency services sector. Most of the organizational justice and workplace deviance literature addresses the non-emergency services perspective, while research involving the emergency services personnel have been lacking. The aim of the present study is to examine the relationship between emergency services personnel perception of organizational justice and employee deviance. A cross-sectional field survey was conducted utilizing a sample of 209 in 10 Emergency Services Centers in Malaysia. Employees rated fairness in the distribution of outcomes and rewards (distributive justice), fairness in interaction with managers (interpersonal justice) and candid explanation (informational justice), fairness in procedures implementation (procedural justice) and the frequency to exhibit deviant behaviors at work (employee deviance). Analysis results revealed that low levels of interpersonal justice and informational justice predicted deviant acts targeted at other individuals, while low levels of distributive justice and informational justice predicted deviant acts targeted at the organization. This study adds to the growing body of research on employee deviance literature by empirically validating the workplace deviance typology in an emergency services setting and by examining four types of organizational justice simultaneously on employee deviance
Criteria for Models of Tertiary Education Ventures in Malaysia
Get PDFIn the past few decades of nation development, Malaysia has seen the tertiary education system being revolutionalised from having a handful of public universities to expand into hundreds of private universities and colleges, operating side by side with the wellestablished public universities. Although the public and private universities, coined as institutions of higher learning (IHLs), have different models of operation and financial management, the focus of this paper is on the how to select criteria for best business models to establish and to run a private university or college in Malaysia. The most common model found among all viable models is one that has an established relationship with either a local or foreign institution. The objective of this study is to explore alternate viable education business start-ups which can contribute to the rapid development of Malaysia as an education hub which not only attracts local students but also the international students. This study adopts a qualitative approach with a focus on multiple causes, which are Universiti Tunku Abdul Rahman, Monash University Sunway and Taylors University. The selected cases shared a common feature in their business model which is sustainable and exist for several decades. The preliminary findings show that those business model ventures which mirror established institutions stand to gain as a successful start-up, whereas the unorthodox models used tend to be more flexible, lean and able to face and adapt to changing circumstances in the market swings in education demand
Producing Competent Graduates with Greater Confidence.
Get PDFWith market-driven and internationally recognised programmes, AeU believes it is able to transform students' lives through education. AeU understands that juggling between career, life and study can be perplexing
Statistical and Interpretative Analyses for Testing Customer Trust Questionnaires on IT Governance
Get PDFThe purpose of the research is testing customer trust questionnaires on ITG trust through statistical and interpretative analyses. ITG questionnaire data obtained will be analyzed using SMART PLS 3.28 that included testing a formative construction and causal modeling capabilities. The result of this research is interpretive data analyses to confirm the results of the statistical analysis in the testing questionnaire of ITG trust. The results of this study are expected to be a literature or reference for stakeholder in school who are running their ITG and actually can give other solution for ITG in high school institution (HSI). The school with the media-based on ITG trust model has Effectiveness, Productivity, Efficiency, and increasing the management quality in a sustainable manner and resulting high performance achievement
Influence of Organizational Learning Dimensions on Organizational Learning Among Petrochemical Companies.
Get PDFThe purpose of this study was to understand the influence of the learning dimensions in the organizational learning of the petrochemical organizations in the GCC countries. It had utilized four dimensions: learning barriers; learning essentials; learning enablers; and learning orientations that were synthesized from previous research. It has also put them into a framework where organizations can be assessed by. Four hundred sixtyfour individuals from three management levels have participated in a self-administered survey, which represent five organizations from the petrochemical sector in the Gulf Cooperation Council (GCC) countries. The data was subjected to a number of tests such as normality test, homogeneity test, and sphericity test prior to conducting factor analysis, ANOVA and Chi-square analyses to answer the six research questions with four hypotheses. The results of the study indicated that: no strong learning barriers exist among the three distinct management levels and that no significant differences exist among the organizations. The conditions, a component of the learning essentials dimension that can help organizational learning were found to differ across the petrochemical organizations but not across the three distinct management levels. The factors, a component of the learning essentials dimension, that affect learning were found not to differ across the petrochemical organizations nor across the three distinct management levels and the same result was found for the benefits of the organizational learning. The learning enablers did not differ significantly across the three management levels, but differed across petrochemical organizations; and the learning orientations of the five participated petrochemical organizations were identified and that two variables out of the seven variables of the learning orientations, knowledge source and skill development differed across these organizations. The result of the study can be used a measurement tool to help organizations make informed decisions when investing on developing learning capabilities. Furthermore, the study brought valuable insights from three distinct management levels with relation to the identified organizational learning dimensions
Productive Zakat Model for Micro-Entrepreneur Development
Get PDFThere are 56.4 million micro and small businesses (MSEs) in Indonesia, as many as 30% have accessed financing. Meanwhile, as many as 70% do not have access to bank financing. It is because micro-entrepreneurs have no guarantees, and there is a perception of a high-risk profile. As a result, micro-entrepreneurs' conditions have not changed, they are still in poor condition, and their businesses are underdeveloped. Productive Zakat becomes a solution for the development of micro-entrepreneurs. This study describes how the micro-entrepreneurship development model is implemented by the National Board Zakat (BAZNAS). This research is a qualitative method and using a descriptive approach and a literature study. The results
showed that the BAZNAS micro-entrepreneurship development model was carried out through the BAZNAS Institute of Mustahiq Economic Empowerment (LPEM) with programs namely:
Mustahiq entrepreneurs and Z-Mart. Productive Zakat is distributed to micro-entrepreneurs in capital, training, assistance, and product development. Productive Zakat for microentrepreneurs' development can increase the income of micro-entrepreneurs by 48.49% from IDR 4,404,911.00 before receiving zakat funds to IDR 6,540,746.00