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The Choice of Industrial Diversification Strategy for Public Listed Firms in the Hotel Industry
No full textThis study suggests two new diversification strategies, i.e., tourism-related
and tourism-unrelated diversifications which are specifically applicable to the
hotel firms. This study aims to investigate which diversification strategy has
better benefits toward firm performance. This study includes a complete set
of public listed firms of the hotel industry from four Asian countries, namely,
Hong Kong, Singapore, China, and Malaysia, covering from years 2001 to
2012. Revealing the advantage and disadvantage of both diversification strategies, the empirical evidence regarding its influences on hotel firm performance are investigated in this study. This study finds a nonlinear relationship
between degree of diversification and firm performance. Confronting with the
volatile earnings when crises strike tourism sector, this study further shows
how the crises affect the relationship between tourism-related/unrelated
diversification strategy and hotel firm performance
The Application of Limited Liability in Construction Contracts from the Malaysian Law and Shariah Perspectives
No full text
Penderaan domestik terhadap warga tua dan remedi menurut undang-undang keluarga Islam di Malaysia
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Conventional and Non-conventional Approach towards the Extraction of Bioorganic Phase
No full textNatural products such as natural food are the richest bio-resource of bioorganic compounds for modern medicines,
nutraceuticals, food supplements and pharmaceutical applications. The research and application on natural food
started with the extraction techniques that play an important role to the extraction quantity (Yield), quality (extracted
phytochemicals) and also to the subsequent analyses accomplished to evaluate the biological and chemicals activities.
Various types of technologies with different principles of extraction of bioorganic compounds are available today.
Based on the literature the conventional extraction methods show better recoveries of bioorganic substances of natural
food. Also, conventional extraction methods facilitate the extraction of high concentration of bioorganic substances
with the safe solvents system such as pure ethanol. Moreover, conventional extraction methods is still widely used due
to its simplicity. However, the conventional extraction methods is not always suitable for industrial uses due to long
extraction time and large consumption of harmful solvents systems such as methanol. Therefore, modern nonconventional extraction methods could be an alternative extraction method. Hence, in spite of good results achieved
with the conventional extraction methods, modern non-conventional extraction methods was established to search for
a faster and better extraction method consuming less solvent, especially those that are unattractive in food industry.
This chapter is intended to provide insights on conventional and non-conventional extraction methods with their
advantages and disadvantage or limitation. © Springer International Publishing AG, part of Springer Nature 2018