206 research outputs found

    Audit Committee and Dividend Policy of Financial Firms in Malaysia

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    The corporate governance structure encompasses a set of guidelines meticulously crafted to ensure that a firm operates in a manner that diligently safeguards the interests of all stakeholders. In this study, the authors examine the role of audit committee in the dividend policy of Malaysian financial firms. They collect data from a sample comprising 40 financial institutions, spanning a 13-year period from 2010 to 2022. The empirical findings gleaned from this study unequivocally affirm a statistically significant relationship between the existence of audit committee and the formulation of dividend policies within these financial institutions. Notably, audit committees have been revealed to exert a robust and statistically significant influence on dividend policy within these financial institutions. The implications of these findings extend beyond the confines of academia; they hold substantial relevance for regulatory bodies, financial institutions themselves, and their shareholders in the Malaysian context

    Complexities of waqf development in Bangladesh / Rashedul Hasan and Siti Alawiah Siraj.

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    Bangladesh is coping with the problem of poverty since its independence. Recent success stories of the country in alleviating poverty have been the outcome of the efforts of several public and private initiatives. As a Muslim-majority country, Bangladesh is yet to incorporate Islamic vehicles of poverty reduction in the national development strategies. Waqf has been sidelined as a mere charity even though it has historical success in producing continuous income and thus reducing poverty levels in the Muslim countries. This paper is divided into three sections. In the first part, it provides a historical overview of Waqf in Bangladesh followed by a brief description of Waqf institutions that are responsible for managing Waqf in Bangladesh. The final section discusses contemporary issues that are affecting the efficient management of Waqf funds towards making its mark in alleviating poverty from Bangladesh. In describing various problems, issues concerning governance and information disclosure were addressed that provide significant insight for different stakeholders. Information gathered through systematic literature review process indicated that Waqf institutions in Bangladesh are lacking appropriate governance mechanisms that are resulting in information asymmetry. Future research on the governance mechanisms applied by Waqf institutions and their impact on the extent and quality of information disclosure will provide further insight for the need of reform in this voluntary sector to ensure their sustainable future and contribution towards economic development in Bangladesh

    A Semantic-Aware Data Management System for Seismic Engineering Research Projects and Experiments.

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    The invention of the Semantic Web and related technologies is fostering a computing paradigm that entails a shift from databases to Knowledge Bases (KBs). There the core is the ontology that plays a main role in enabling reasoning power that can make implicit facts explicit; in order to produce better results for users. In addition, KB-based systems provide mechanisms to manage information and semantics thereof, that can make systems semantically interoperable and as such can exchange and share data between them. In order to overcome the interoperability issues and to exploit the benefits offered by state of the art technologies, we moved to KB-based system. This paper presents the development of an earthquake engineering ontology with a focus on research project management and experiments. The developed ontology was validated by domain experts, published in RDF and integrated into WordNet. Data originating from scientific experiments such as cyclic and pseudo dynamic tests were also published in RDF. We exploited the power of Semantic Web technologies, namely Jena, Virtuoso and VirtGraph tools in order to publish, storage and manage RDF data, respectively. Finally, a system was developed with the full integration of ontology, experimental data and tools, to evaluate the effectiveness of the KB-based approach; it yielded favorable outcomes

    Luckin Coffee:A Look at Corporate Governance in the Chinese Market

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    The Luckin Coffee case presents an opportunity for an important analysis of corporate governance challenges of Chinese businesses and regulators because of the 2020 scandal and the fact that it carries on business in China and is a publicly traded company in the US. In the past, company failures have led to local and sometimes global queries about the processes through which companies' objectives are set and pursued. The regulatory changes ensuing from corporate scandals can be far-reaching, controversial, and leading to global regulatory contagion. In the Luckin scandal, its real and potential implications involved two of the world's dominant economies. The concerns from the Luckin scandal are the issues on which this chapter is focused. The chapter explores the concepts and regulatory solutions that are relevant to the Luckin scandal. The dynamics of the Chinese market and the consequences of the scandal are explored in the chapter. Ultimately, the need for caution in the discourse on regulatory response to scandals such as the Luckin case is articulated in the chapter

    Piercing the gender prejudice in corporate boardroom: An exploratory study of the approaches for redressing the glass ceiling phenomenon in Asia

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    The glass ceiling is a metaphorical concept which represents the invisible barriers and biases that limit the advancement and upward mobility of individuals, particularly women and other underrepresented groups, in their careers. It alludes to the cultural and institutional barriers that keep capable individuals from rising to the top of leadership roles or realising their full potential inside the organisations. Taking cognizance of this matter, various nations around the globe have legislated and recommended gender-based quotas in corporate leadership which inevitably intends to ensure the appointment of women in leadership positions of renowned companies. Accordingly, this chapter intends to explore the factors which contributes to glass-ceiling phenomenon through the empirical survey and compare the affirmative actions implemented by of Asian nations to address the concerns related to glass ceiling. The chapter will also analyse the efficacy of the approaches adopted by China and India in ensuring gender diversity in the boardroom and executive designation

    An AI-based intervention for improving undergraduate STEM learning

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    We present results from a small-scale randomized controlled trial that evaluates the impact of just-in-time interventions on the academic outcomes of N = 65 undergraduate students in a STEM course. Intervention messaging content was based on machine learning forecasting models of data collected from 537 students in the same course over the preceding 3 years. Trial results show that the intervention produced a statistically significant increase in the proportion of students that achieved a passing grade. The outcomes point to the potential and promise of just-in-time interventions for STEM learning and the need for larger fully-powered randomized controlled trials.</jats:p

    An iterative cluster formation routing protocol for wireless sensor network

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    This thesis was scanned from the print manuscript for digital preservation and is copyright the author. Researchers can access this thesis by asking their local university, institution or public library to make a request on their behalf. Monash staff and postgraduate students can use the link in the References field

    Sustainable, wearable, and eco-friendly electronic textiles

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    Wearable electronic textiles (e-textiles) with embedded electronics offer promising solutions for unobtrusive, real-time health monitoring, enhancing healthcare efficiency. However, their adoption is limited by performance and sustainability challenges in materials, manufacturing, and recycling. This study introduces a sustainable paradigm for the fabrication of fully inkjet-printed Smart, Wearable, and Eco-friendly Electronic Textiles (SWEET) with the first comprehensive assessments of the biodegradability and life cycle assessment (LCA). SWEET addresses existing limitations, enabling concurrent and continuous monitoring of human physiology, including skin surface temperature (at temperature coefficient of resistance, TCR value of ~−4.4% °C−1) and heart rate (~74 beats per minute, bpm) separately and simultaneously like the industry gold standard, using consistent, versatile, and highly efficient inkjet-printed graphene and Poly (3,4-ethylenedioxythiophene): poly (styrene sulfonate) (PEDOT:PSS)-based wearable e-textiles. Demonstrations with a wearable garment on five human participants confirm the system's capability to monitor their electrocardiogram (ECG) signals and skin temperature. Such sustainable and biodegradable e-textiles decompose by ~48% in weight and lost ~98% strength over 4 months. Life cycle assessment (LCA) reveals that the graphene-based electrode has the lowest climate change impact of ~0.037 kg CO2 eq, 40 times lower than reference electrodes. This approach addresses material and manufacturing challenges, while aligning with environmental responsibility, marking a significant leap forward in sustainable e-textile technology for personalized healthcare management.</p

    Corruption and its diverse effect on credit risk: global evidence

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    Corruption has a complex relationship with economic growth. We have explored the impact of corruption on credit risk from a global perspective. The sample consists of 178 countries and covers 18 years that range from 2000 to 2017. Non-performing loan (NPL) is used as a proxy for credit risk and data regarding NPL is collected from the World Bank Database. Corruption scores are collected from the Transparency International reports. Panel regression results provide a positive association between corruption and credit risk for the global sample. Generalized Methods of Moments (GMM) regression and robustness tests validate the findings. However, sub-sample analysis provides support for “grease the wheel” hypothesis for high corruption countries and indicate that corruption is beneficial in a weak form of governance and excessive regulatory pressure. This study advocate for the importance of strong governance mechanisms in high corruption countries that can minimize the impact of corruption on banking sector profitability and ensure economic development. Unlike past literature, we provide global evidence on the association between corruption and credit risk for the banking sector which allows generalizability

    Factors Affecting Adoption of Fintech in Bangladesh

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    This study objective is to understand the factors affecting the users for accepting the FinTech service and identify the key elements of consumer behavioural intension & consumer awareness. This research is based on the Technological Acceptance Model (TAM) where some other variable such as Perceived Risk, Brand and Trust, Government Support, and User Innovativeness in addition with Perceived Usefulness and Perceived ease of use are used to explain the attitude toward using and behavioral intention of Fintech product and services. Data were collected from 160 respondents for empirical investigation. Structured Equation Model (SEM) has been used to analyze data to test hypothesis and relationship with variable. The result shows that Brand Image and Trust and Perceived Risk (PR) and have major roles on the behavioral intention to use fintech service. The study contributes to the literature of the adoption of fintech in a comprehensive may. The result of the research can be used by the manager of fintech industry specially to offer new product and services
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