5,886 research outputs found
EVALUATION OF HR/AR MIRROR COATINGS FOR VISIBLE (RED/BLUE) LASERS
No full textMaster'sMASTER OF SCIENCE IN ADVANCED MATERIALS FOR MICRO- & NANO- SYSTEMSDissertation Supervisors: 1. Dr. Sia Eng Kee, Eudyna Devices Asia Pte Ltd, 2. Prof Chua Soo Jin, SMA Fellow, National University of Singapor
Carbon dioxide emission, institutional quality, and economic growth: empirical evidence from Malaysia / Lin-Sea Lau, Chee-Keong Choong and Yoke-Kee Eng
No full textIn view of Malaysia’s status as a fast-growing economy with accelerating carbon dioxide emissions, a better understanding of the relationship between economic growth and pollution is vital to the policy makers. This paper, therefore, attempts to investigate the existence of long run relationship among carbon dioxide emission, institutional quality, exports, and economic growth and further examines the causal relationship among these variables in Malaysia for the period 1984-2008. For the purpose of this study, both autoregressive distributed lag (ARDL) bound testing approach and Granger causality tests are employed. From the bounds test, it is found that a long run relationship does exist among the variables, even using different conditioning information sets. A positive and significant interaction term between carbon dioxide emission and institutional quality indicator (i.e. law and order) implies that good institutional quality is important in controlling carbon dioxide emission in the process of economic development. The results for Granger causality tests further confirm the importance of institutional frameworks in reducing carbon dioxide emissions since institutional quality is found not only affects economic growth directly, but also indirectly via carbon dioxide emissions. This indicates that sound institutional frameworks are essential for Malaysia to achieve high economic growth without sacrificing its environment
A study of the laws and regulations on insider trading in Malaysia / Wong Yoke Eng
No full textInsider trading is an offence under the
Securities Industry Act, 1983 (Act 280) and the
Companies Act, 1965 (Act 12S) but it is difficult to
prosecute in a criminal court.
This thesis considers an overview of the
laws on insider trading in the Securities Industry Act,
1983 when a person is charged as an insider and when he
deals directly, or indirectly in securibies. The
elements of actus reus and the mens rea of the person
should be clearly elaborated in the Securities Industry
Act. However in the present state of the laws, the
elements of actus reus and mens rea in the of fence of
insider trading are not adequately defined in section 89
and section 90 of the Securities Industry Act 1983.
The words "improper use" in section 89 (1)
of the Securities Industry Act 1983 is not defined in
the Securities Industry Act, nor has it been subjected
to judicicial interpretation. It is not certain how the
words should be defined from the viewpoint of the
issuer, and the investing public. The word "information"
has been referred to as specific, confidential,
unpublished, price sensitive, and if
generally known to the public, might reasonably be
expected to affect materially the price of the subject
matter of the dealing on the stock exchange under
section 89 of the Securities Industry Act 1983. Yet, for
each aforesaid words which described the nature of
information required under the Securities Industry Act
1983, such words are not defined in the Securities
Industry Act 1983, though subject to judicial
interpretation.
The most effective remedy to prevent and
minimise the incidence of insider trading by the
authorities and the self-regulatory authority ie. the
Kuala Lumpur Stock Exchange, is the mandatory public
disclosure of the particulars relating to dealings in
securities on the Stock Exchange. Under section 45 of
the Securities Industry (Central Depositories) Act, 1991
(Act 453) disclosure of particulars relating to dealings
are not permitted except with the approval of the
Minister of Finance on the ground of public interest. It
is pertinent to amend Section 45 of the Securities
Industry (Central Depositories) Act 1991 to enable any
person who dealt in listed transferable securities, and
was aggrieved by insider dealing, to have access to such
data on the dealings in securities.
No doubt the laws on insider trading are
contained in section 89 and section 90 of the
Securities Industry Act 1983, but the most powerful
weapon against the issuer for any offences committed
under the securities industry law is the enforcement of
the laws under section 87A of the Securities Industry
Act . 1983.
charged
public
insider
The Securities Commission has recently
Chua Seng Huat, the managing director of a
listed company, Kim Hin Industry Ber had for
trading under section 89 and 90 of the
Securities Industry Act 1983 in the Sessions Court in
Kuching in the state of Sarawak.
In the Securities Commission Report of
1996 released on the 10th June 1997, the Securities
Commission intends to push for more recognition on the
civil remedies such as restitution and disgorgement of
gains for any violations of the securities laws
The political plays of Arthur Miller and Kee Thuan Chye: Resisting the hegemonic state / David Tneh Cheng Eng
No full textThe plays of Arthur Miller and Kee Thuan Chye have garnered interests from theatre enthusiast, the general public, and academicians for their moralistic and didactic plays that often touch on moral and political issues that affect society and the individual. Their plays are most often a reflection of their country’s socio-political and socio-economic development and highlight the concerns of the playwright on issues pertaining to the individual, society, and nation. As such, this thesis has closely analysed the selected political plays of Kee, namely, 1984 Here and Now, The Big Purge, We Could **** You, Mr. Birch and Miller’s The Crucible, Incident at Vichy, and The Archbishop’s Ceiling from the perspective of the plays being ‘resistance’ plays that empower the individual while resisting the hegemonic and political state depicted in the plays. In addition, issues such as corruption and abuse of political power by the state and individuals and the persecution of the innocent are characteristics of Kee and Miller’s plays. In response, Kee and Miller’s plays emphasize the need for the individual to make a moral stand and to resist the hegemony of the state and its agencies. The traditional view of Miller’s and Kee’s political plays is that their plays are always very didactic, moralistic, and direct in their narrative and plot. The findings of this research posits that there is a development in Miller’s and Kee’s selected political plays and both dramatist have experimented with creative dramaturgical strategies and incorporated elements of Butler’s Performativity and Todorov’s the Fantastic in their third wave of political plays. There is therefore a shift in the dramaturgical strategy of Miller’s and Kee’s work that sees their plays becoming ‘creative resistance plays’ that transcend the traditional view of Miller’s and Kee’s political plays as merely traditional political stage plays of their time. Thus this thesis will not only give a different perspective/reading to the political plays of Miller and Kee, but also on the possibility of incorporating newer creative dissenting strategies in the traditional political plays
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genre and how political plays could be a form of political communication, an important aspect in nation building and creative means of resistance/dissent
Psychological and cultural insights into consumption of luxury western brands in India
No full textIndia has always had wealthy elites such as the maharajas, upper class and royalty that consume luxury products throughout its consumption history. The relatively recent economic rise of the middle class with an increase in disposable income is leading to consumption of luxury en mass. This qualitative study examines why consumers buy luxury, what they believe luxury is and how their perception of luxury impacts buying behaviour in the context of India. The present study explores luxury constructs drawn from the literature and provides some explanation for luxury consumption behaviour in India. The findings reveal that psychological and cultural factors in Indian society play a major part in shaping luxury consumption. While the findings suggest little support for homogenous luxury preference, Indian consumers share cultural characteristics of lavish consumption of luxury and display of wealth in social functions. Luxury reflects conspicuous consumption and status, and signals wealth for individuals, and conveys social identity and status in Indian society
Rational Expectations and Survey Data
No full textHow economic agents form their expectations of future economic events has been an
importance issue in macroeconomics for many years. Indeed, business firm's
expectations has played a central role in the business cycle theories of both Pigou
(1927) and Keynes (1936). Acknowledging that the behavioral assumption of the
rational expectation is important to modem economic theory and econometric
modeling, this study is undertaken for the purpose of investigating whether the
Malaysian Business Expectation Survey For Limited Companies, provides the basis
for prediction which, satisfy the rational expectations hypothesis (REH) and
property in the sense of Muth (1961).
The business survey-based expectations, drawn from Business Expectations Survey
of Limited Companies (BESLC), conducted biannually by the Malaysia' s
Department of Statistic, offer a unique opportunity to accumulate empirical evidence
on expectation formation and decision-making at micro level. Four criteria of
'rationality' is examined in the study namely, unbiasedness, serial correlation of
forecasts error, weak-form efficiency and orthogonality. Essentially, this study utilizes business survey data in a manner that is different from
prior study by testing the rationality of firm's expectations at different level of
aggregation. Accordingly, the sectoral subdivisions are as follows: the aggregated
respondents of the BESLC survey data are group into three divisions of significant
sectoral in Malaysia: that is, primary sector, industrials sector and service sector. At
an even higher disaggregated level, the manufacturing sub-sector under the
industrial sector, which can be further segmented into consumer goods industry,
capital goods industry, as well as light and heavy intermediate goods industry.
Evidently, the significance of the use of disaggregated data is noted in this study.
Apparently, REH are rejected comprehensively when directs test were performed on
the sectoral segmentation level. At a higher disaggregated level, as the direct tests
are applied to the data from most of the constituent industries of manufacturing
sectors, these test provide at least some amount of direct evidence in favor of the
hypothesis, which is often simply assume to be valid, that expectations are rational
as defined by Muth (1961). Hence, this implies that the prior investigations of the
rationality of survey expectational data have overlooked relevant data by
disregarding the potential of aggregation bias encompassed by the aggregated survey
data. Although the presence of the aggregation bias has not been formally tested, the
results of this study here suggest that this potential bias may be of importance
A short note on business cycles of underground output: are they asymmetric?
No full textThis short note as the first study investigates the symmetry of fluctuations of underground output around trend for four selected Southeast Asian countries, that is, Malaysia, Indonesia, Thailand, and Philippines, over the time horizon of 1970-2006. In particular, we test if the underground output falls below trend more drastically and severely at shorter time span than when rising above trend. We find no evidence that supports this hypothesis. We thus conclude that asymmetry in fluctuations around trend is not a primary concern in understanding the nature of underground economy. We suggest that the symmetry of fluctuation of underground output, in conjunction with the potential complementary effect on market consumption, may account for the widely documented expansionary fiscal contraction in developing countries.Underground economy
Attitude toward physical activity: an investigation of sports science students in Malaysian public universities / Kee Kang Mea and Wee Eng Hoe
No full textThe purpose of this study was to investigate the attitude of sports science undergraduates toward physical activity and the six perceived meaning of physical activity. The study employed the Kenyon ATPA instrument to determine the attitude toward physical activity of the respondents. A total of 639 sports science and physical education undergraduates from the six public universities completed the questionnaires. The findings of this study showed that there were significant differences in the overall attitude and the six perceived meaning toward physical activity of Malaysian public universities sports science students based on gender except for the Aesthetic and the Catharsis sub-domains. However, there
was no significant difference in their overall attitude toward physical activity by their age and ethnic groups. In conclusion, the sports science or physical education major students differ in term of their overall attitude toward physical activity and perceived meaning of physical activity based on gender. Females are more inclined to participate in physical activity for health and fitness purposes besides for socialization experience whereas the males are more likely to participate in physical activity as a way to release tension and aggression besides for socialisation. Hence gender is an important factor in determining the type of physical activity programs to organise for college students. The results of this
study also indicate that enrolling in sport science courses may help to generate positive impact on attitude toward physical activity
Financial development and economic growth nexus: another look at the panel evidence from different geographical regions
No full textThis paper re-examines the causality issue on financial development and economic growth from a panel data perspectives using the system generalized method of moments (GMM) technique developed by Arellano and Bover (1995),
and Blundell and Bond (1998). Focusing on developing countries in four main geography regions (Africa, Asia,
Europe and Western Hemisphere), the main finding of the results reveals that although there exist evidence supporting the other views including the “demand following” as well as non-causal relation between the economic growth and the financial deepening, these supports are not as strong as the “supply leading” hypothesis
Analytical solution of the Poiseuille flow of a De Kee viscoplastic fluid
No full textWe provide an explicit analytical solution of the planar Poiseuille flow of a
viscoplastic fluid governed by the constitutive equation proposed by De Kee and
Turcotte (Chem. Eng. Commun. 6 (1980) 273-282). Formulae for the velocity and
the flow rate are derived, making use of the Lambert W function. It is shown
that a solution does not always exist because the flow curve is bounded from
above and hence the rheological model can accommodate stresses only up to a
certain limit. In fact, the flow curve reaches a peak at a critical shear rate,
beyond which it exhibits a negative slope, giving rise to unstable solutions
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