Ontology-based islamic banking product information for informed decision making and product innovation / Ahmad Shaharudin Abdul Latiff

The Islamic banks need to remove the grievances on them and gain support of their customers. There were presumptions that the issues were due to the customers’ lack of understanding. Hence, there was need to identify the actual root causes of the issues and the factors that had been impeding the customers’ understanding. The issue of the grievances could be attended by improving the customers’ decision making with the use of information systems. Yet, such systems need to hold the information on the banking products. The information on the Islamic banking products could be modelled in form of a domain ontology. The objectives of this research were to ascertain the real issues of the grievances on the Islamic banks, the effect of lack of understanding of the product on the grievances, and then build a domain ontology on the Islamic banking products which is capable to facilitate customers’ informed decision making and innovation of new products. The research was done qualitatively to identify the issue of the customers’ grievances by identifying the factors that are causing the grievances and also the factors that have been hindering the understanding. Among the factors that had hindered the customers’ understanding was due to the distinct concepts and terminologies, predominant use of Arabic terms, variation of practices by different banks and also the diverse Shariah concepts adopted by products of similar nature. With the use of software engineering approach, the research studied the characteristics of the Islamic banking products to design an ontology on the Islamic banking products. The conceptualised ontology includes knowledge on the prevailing Islamic banking Shariah concepts and contracts, the commercial banking processes and others. It also defined the roles played by the bank and its customers respectively according to the different Shariah concepts. The ontology was evaluated with the use of competency questions related to the information needed for decision making and interviews were conducted with customers, non-customers and also the bank staff. With such ontology, the customers will be supported to make informed decision making which would satisfy their need and the banks may innovate more new products. These would eventually remove the grievances in the long run

Entrepreneurship as a Sustainable Solution for the Female Graduates in the SME Sector of Bangladesh

Female entrepreneurship is a sustainable entrepreneurial activity by women, individually or in a group. This relatively new phenomenon has been gaining attention in developing countries like Bangladesh. The female graduates of the country represent an important yet untapped segment of entrepreneurship. The paper critically reviews the existing literature and evaluates the current situation of this segment and finds that issues from social, cultural, legal, political, workplace and educational system contexts limit their capacity to participate in the labor-force besides their male counterparts. The issues, if not treated prudently, might adversely affect the socio-economic goals of Bangladesh. Entrepreneurship may stand as a sustainable employment solution for the female graduates, which would enable them to contribute to the Small and Medium-sized enterprises (SME) sector of the country. The article proposes practical recommendations to reinforce the initiatives by the stakeholders and suggests to make necessary policy changes in order to facilitate graduate female entrepreneurship in the SME sector, enhance sustainability of the sector and convert it into a catalyst for economic growth of Bangladesh

A Systematic review of ontology-based approach and decision-making (DM) to improve public service delivery (PSD)

A systematic review of the DM literature on PSD was performed with the aim to build an operational ontology-based for decision makers. Five public administration journals were screened on the subject with more than 200 articles found. 29 articles were shortlisted, categorised, summarised, and applied to outline the influential factors in DM for PSD. The result of the systematic reviews also provided a brief clarification on the requirement for the creation of a more citizen-centric and coordinated eco-system for efficient PSD underpinned by effective DM

Definitions and Concepts of Organizational Sustainability: A Literature Analysis

This research paper provides a comprehensive literature review that thoroughly examines the definitions and different concepts of organizational sustainability. This paper also looks at how research gaps are addressed in the literature with a particular emphasis on issues of organizational sustainability. Overall, organizational sustainability, including issues and aspects related to sustainability, is discussed. Individual authors provide their perspectives on various aspects of organizational sustainability from their field research, case analysis, and creative search. It also includes a greater knowledge of how real economic activity concerns and political dynamics can inhibit decision-making related to operational or practical sustainability. Several sustainability viewpoints from around the world have provided a genuine mechanism for organizations to increase their financial success while minimizing their impact on the environment and society. This study urges that knowing an organization's ability to change and self-regulate on critical issues for long-term sustainability can help solve the socio-ecological dilemma. This study shows how firms approach sustainability and what fundamental issues still need to be resolved. The research has provided novel and unusual insights into the factors contributing to organizational sustainability. Additional value is generated by estimating progress toward the idea of organizational sustainability, identifying impediments, and analyzing various real-world examples of measures to enhance advancement toward that concept

Price efficiency of Islamic and conventional banks: evidence from panel data

Literature on the price efficiency of Islamic and conventional banks have focused mostly on cost efficiency while attention on profit and revenue efficiency has been lukewarm. This study examines how Islamic and conventional banks differ in terms of cost, profit and revenue efficiency. Using a sample of 18 countries with 70 Islamic and 374 conventional banks spanning from year 2009 to 2017 across the Middle East, South Asia and Southeast Asia regions, the empirical results derived from using the least squares dummy variable indicate that there is no significant difference between both types of banks. Further robustness checks utilizing random effects model also reveal similar findings. Among the sample countries, Islamic and conventional banks from Singapore, Malaysia and Qatar were found to be relatively higher in average profit efficiency compared to banks from other sampled countries, while Islamic and conventional banks from Indonesia, Iraq and Jordan were found to be relatively inefficient in generating profit. This study also found that banks from some countries did relatively better in terms of revenue efficiency compared to cost efficiency and vice versa. This indicates there is a need to look not just into the topic of costs but also how well banks fare in generating revenue

Leveraging on social media as a communication channel for improving services of the government of Malaysia

In today’s competition, the private and public sector is taking social media to another level towards achieving their purposes, whether to improve profitability of the company or to improve organizational performance. Ubiquitous and innovative ICTs provide different communication channels for the public to give feedbacks on the services given the public sector. As such, social media provides an opportunity to gather feedbacks and responses towards improving services. The purpose of this paper is to give a background on leveraging social media to improve services in the Malaysian government sector. Based on the study background, observations and content analysis on the social media pages were carried out for the purpose of the study. It is understood that leveraging social media does have an advantage to give insights for successful social media implementation and can give a positive organizational effect to the departments

The Influence of Institutional Policies and Information Technology Adoption towards Sustainable Logistics Transportation

Logistics is the movement engine for cargos and merchandises both for domestics and international. People complete their business process through logistics transportation, especially to move cargos and merchandises reaching their end users around the world, hence transportation also can be considered as the backbone to business supply chain. Unfortunately, their operations produced negative impacts to our environment and society. Thus, business activities nowadays goes beyond sustaining economic sustainability solely. They are concern dearly on the environmental quality and human well-being as well. The objective of this paper is to review the influence of institutional policies and information technology (IT) adoption towards sustainable logistics transportations in the economic, environmental and social performance. Through understanding of Institutional Theory and Resource-Based View (RBV) Theory, institutional policies and IT adoption can be considered as the enabler for logistics performance and their sustainability. This paper expects to provide new insights to the logistics practitioners and policy makers in sustaining logistics sector in parallel with todays world demand, Sustainable Development Goals (SDGs)

Effort expectancy, task technology fit, and ERP adoption behavior: Moderating effect of trust in technology : evidence from SMEs of Pakistan

Usually, adopting technology in the business boosts its performance, but SMEs are still reluctant to adopt modern technology such as ERP. This research has examined link among effort expectancy, task technology fit, and ERP adoption behavior in SMEs in Pakistan. Furthermore, this study examines the moderating effect of trust in technology on the said relationships. This study used a quantitative research technique. Google survey form method used to collect the data from employees of SMEs in Pakistan those having ERP systems. To measure and confirm the hypothesis, the study employed SmartPLS software. The findings show a significant linkage among effort expectancy, ERP adoption behavior, and task technology fit ERP adoption behavior. Besides the significance of direct relationships, the moderating effect of trust in technology is also significant in relation between effort expectancy, ERP adoption behavior, task technology fit and ERP adoption behavior, further strengthening the main hypothesis. This study's findings provide implications for organizations considering implementing an ERP system. By identifying the factors that influence ERP adoption behavior, organizations can develop strategies to increase the likelihood of successful implementation of ERP

Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding

In order to address the harming issues of biodiversity and social isolation, organizations are under pressure to study innovative and sustainable business performance practices. The resource-based view (RBV) and the stakeholder model established a set of values that businesses might use to create a sustainable future. The primary objective of this research was to explore how RBV and the stakeholder theory model support sustainable business performance through organizational agility, employer branding, and green technology innovation. A conceptual framework was built by reviewing the prior literature in order to accomplish the study's goal. This conceptual approach consists of three phases: agility-brand talent attraction measure (ABTAM), innovation, and sustainability. For the purpose to achieve sustainable business performance, organizational agility, employer branding and green technology innovation were supported by previous literature. Although this idea outlines basic concepts. However, it is important to take into account any relevant data in order to bring these steps into integration with the different situations. In order to achieve many aspects of organizational sustainability, this article offers a systematic review of the Resource Based View (RBV) and stakeholder model. Within the context of the RBV and stakeholder model, a conceptual framework was established to create a sustainable business performance. This was accomplished by incorporating organizational agility and employer branding into the context of the model. In this work, both theoretical and practical ramifications are taken into consideration and explained Research paper Keywords: Organizational agility; Employer branding; Innovation; Sustainability; RBV; Stakeholder Reference to this paper should be made as follows: Hussain, A., Abdul Wahab, S., & Shaharudin, A. (2023). Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding. Journal of Entrepreneurship, Business and Economics, 11(2), 29–52

Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding

In order to address the harming issues of biodiversity and social isolation, organizations are under pressure to study innovative and sustainable business performance practices. The resource-based view (RBV) and the stakeholder model established a set of values that businesses might use to create a sustainable future. The primary objective of this research was to explore how RBV and the stakeholder theory model support sustainable business performance through organizational agility, employer branding, and green technology innovation. A conceptual framework was built by reviewing the prior literature in order to accomplish the study's goal. This conceptual approach consists of three phases: agility-brand talent attraction measure (ABTAM), innovation, and sustainability. For the purpose to achieve sustainable business performance, organizational agility, employer branding and green technology innovation were supported by previous literature. Although this idea outlines basic concepts. However, it is important to take into account any relevant data in order to bring these steps into integration with the different situations. In order to achieve many aspects of organizational sustainability, this article offers a systematic review of the Resource Based View (RBV) and stakeholder model. Within the context of the RBV and stakeholder model, a conceptual framework was established to create a sustainable business performance. This was accomplished by incorporating organizational agility and employer branding into the context of the model. In this work, both theoretical and practical ramifications are taken into consideration and explained Research paper Keywords: Organizational agility; Employer branding; Innovation; Sustainability; RBV; Stakeholder Reference to this paper should be made as follows: Hussain, A., Abdul Wahab, S., & Shaharudin, A. (2023). Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding. Journal of Entrepreneurship, Business and Economics, 11(2), 29–52