Household perception and recycling behaviour on electronic waste management : a case study of Kuala-Lumpur, Malaysia

Electronic waste (e-waste) is increasing rapidly in Malaysia to the effect that e-waste management has now become a major environmental concern in Malaysia, especially Kuala Lumpur. In a step towards remedying this problem, this study seeks to ascertain household awareness, knowledge and risk perception of e-waste and its impact on attitudes and recycling behaviours in Kuala Lumpur. The result shows that three factors, namely, awareness, knowledge and risk perception of e-waste management have positive and significant influence on attitudes towards e-waste mangement. Furthermore, attitudes towards e-waste mangement has a positive influence on recycling behavior. This study provides valuable insights to policy makers so that they may take appropriate steps to increase recycling behaviour among households in Kuala Lumpur

Perception of climate change and the adaptation strategies and capacities of the rice farmers in Kedah, Malaysia

This article attempts to understand the perception of the rice-growing farmers on the issue of climate change (CC) and identify their adaptive capacity (AC). A survey was conducted through structured questionnaires to understand farmers’ perception and adaptation strategies in response to changing climate and variability. The findings indicate that farmers are moderately adaptive to CC in the study area. The result also revealed that the main barriers are lack of funds and government support available information to CC. Farmers with higher AC can produce greater amount of rice. Rice producers should be enabled through improved extension services, government aid, such as grants, training for better level of adaptability, to help them achieve higher rice production

Public environmental awareness and performance in Kuala Lumpur City, Malaysia — a case study on household electrical and electronic equipment

The aim of this paper is to estimate the perception, knowledge and attitude of the respondents towards electrical and electronic equipment waste (e-waste) management. It also tried to identify current e-waste management practiced by households in Kuala Lumpur. In order to ensure a higher response rate, face-to-face survey was employed. In this study, it has been found that 69 per cent of the respondents were satisfied with Kuala Lumpur’s environmental quality, while 31 per cent were not satisfied. More than one third of the respondents informed that they send their electric and electronic equipment (EEE) to charity or transfer the EEE to relatives if they cannot repair them. Only a small fraction of the used EEE finds its way to recycling facilities and manufacturer as there is no efficient take back scheme for consumers. It has been also found in this study that more than 81 per cent of the respondents are unenthusiastic to pay for the recycling of their e-waste. It is interesting to find that much of the EEE was updated within two thirds of their designed lifetime

Willingness to Pay for Crop Insurance to Adapt Flood Risk by Malaysian Farmers: An Empirical Investigation of Kedah

This study examines the factors that may affect the willingness to pay crop insurance by Malaysian rice farmers in Kedah, Malaysia, for the adaptation of flood risk. 350 farm households are selected and a structured questionnaire is used to elicit data from the respondents. The data are analyzed with descriptive statistics and logit regression model. The average willingness-to-pay (WTP) for monthly crop insurance premium by the respondents is MYR 48.15 for every RM 1000 coverage per hectare per season. The significant variables influencing willingness to pay crop insurance by the farmers are the age of household head, attending the training course, farm income, and experience and farm size. From the findings of this work, it is urged that to promote crop insurance in Malaysia, the government may require a strategic policy to convince the farmers of the credibility and reliability of insurance scheme by improving farmers' awareness and understanding of crop insurance through advertisement and training. Keywords: Willingness to pay, contingent valuation method, crop insurance, logit model, flood risk. JEL Classifications: G2

How individual values and attitude influence consumers’ purchase intention of electric vehicles—some insights from Kuala Lumpur, Malaysia

This article observes how the individual values and attitudes of consumers in Kuala Lumpur, Malaysia influence their purchase intention of electric vehicles (EVs) using the well-known theory of reasoned action (TRA). This study analyzed the data collected from 200 respondents from Kuala Lumpur, Malaysia. These respondents were asked about their views concerning their value sets, attitudes and purchase intention of EV using the structural equation modelling (SEM) technique. Findings of this study indicate that individual consequences relating to cost and convenience of consumers is negatively related to intention to purchase EVs. Environmental consequences are not a significant predictor of purchase intention. Conservation value was found to be positively related to the attitude of the respondents on environmental consequences but less intensely with individual consequences, while both selftranscendence value and self-enhancement value were positively related to individual consequences. Individual consequences and self-enhancement values were negatively related to environmentally responsible purchase intention. This article shows that the extended TRA might be applicable to the Malaysian context. The results of the study also suggest that domestic and foreign manufacturers of EVs should also take into consideration the perceptible easiness and convenience of users to recycle and reuse battery by using special materials that are recyclable and not harmful to the users

Pro-environmental behavior and public understanding of climate change

The aim of this article is to examine whether awareness, knowledge and risk perception of climate change have significant influence on attitudes and pro-environmental behaviour. The study found that awareness, knowledge and risk perception of climate change positively influence the formation of favourable attitudes future action climate change. In addition, this paper also found mediated relationship through attitudes between awareness, knowledge, risk perception and pro-environmental behaviour. The paper argues that people are more likely to accept pro-environmental behaviours only if they have sufficient understanding of the adverse impacts of no action. This study offers decision makers field data to formulate relevant environmental policies and strategies in Malaysia

Time Value of Money in Islamic Perspective and the Practice in Islamic Banking Implications

Time Value of money is a fundamental financial theory and a basic element in the monetary system. This concept serves as the foundation for all other notions in finance. It impacts consumer finance, business finance, and government finance. Basically the Conventional Time value of money results from the concept of interest that prohibited in Islamic principle. Moreover, there are several basic principles that caused the Conventional theory views “Money” and “commodity” differs and compares with the principle as defined by Islam. This leads the time valuation of money in Islamic Perspective is totally different from the conventional. The objective of this study is to discuss the concept of Time Value of Money in Islamic Perspective and its advantages. The paper attempts to analyze the difference between the concept of Time in Islamic and Conventional Perspective. Furthermore, we are going to highlight how Islamic Banks applied the concept of Time Value of Money in Islamic View to their implications in the practice. In addition, this study observed the practical issues and challenges in applying the concept of Time Value of Money in some financial products which are Murabahah, Istisna and Salam

MALAYSIAN PERCEPTION AND ATTITUDE TOWARDS ELECTRIC VEHICLE

ABSTRACT It is noticeable that environmental problems are now becoming global issue. Automotive industries are one of the major contributors to environmental problems. Harmful gases released and waste of automobile polluted the quality of air and damaging the environment. Because of excessive consumption of fossil fuels leads to greenhouse gases emission and causing various environmental problems. Since Malaysia's automotive production increasing rapidly compared to other Asian countries. Therefore, there is a pressing need to examine Malaysian vehicle users' level of intention, major factors to influence to buy and barriers for green technology. Hence, the aim of this research paper is to investigate vehicle users' level of intention, major influencing factors and obstacles to purchase green car in Malaysia. The findings of this study indicate that there is a significant relationship between age group, education and attitudes towards EVs. It also revealed that the significant relationship between purchase intention and demographic variables such as age group, education and gender. Therefore, the results from this study can be used to provide important insights for policymakers in developing programs or projects to increase consumers' awareness, removing obstacles and focus on major influential factors for having environment friendly automotive industries in Malaysia

Time Value of Money in Islamic Perspective and the Practice in Islamic Banking Implications

Time Value of money is a fundamental financial theory and a basic element in the monetary system. This concept serves as the foundation for all other notions in finance. It impacts consumer finance, business finance, and government finance. Basically the Conventional Time value of money results from the concept of interest that prohibited in Islamic principle. Moreover, there are several basic principles that caused the Conventional theory views “Money” and “commodity” differs and compares with the principle as defined by Islam. This leads the time valuation of money in Islamic Perspective is totally different from the conventional. The objective of this study is to discuss the concept of Time Value of Money in Islamic Perspective and its advantages. The paper attempts to analyze the difference between the concept of Time in Islamic and Conventional Perspective. Furthermore, we are going to highlight how Islamic Banks applied the concept of Time Value of Money in Islamic View to their implications in the practice. In addition, this study observed the practical issues and challenges in applying the concept of Time Value of Money in some financial products which are Murabahah, Istisna and Salam

Valuing climate protection by offsetting carbon emissions: rethinking environmental governance

This study aimed to investigate households' willingness to pay (WTP) for a carbon reduction programme, the demographic and socioeconomic factors that influence households' WTP. The contingent valuation method (CVM) was employed as a mechanism to decide a monetary valuation of public preferences for offsetting carbon emissions by ascertaining the value attached to climate protection in Kuala-Lumpur, Malaysia. The valuation of public preference was measured by the households' WTP for a specific amount of climate protection. This study found that approximately 71% of households were WTP towards the protection of the climate (better environment). The findings validated that socioeconomic variables, such as education, income, acquired awareness and knowledge of climate change issues have significant impacts on WTP and the mean WTP is MYR15.38 (US$1 = MYR3.25) monthly. However, WTP varied considerably with household perception of the value of climate protection. This study would be useful in designing an appropriate policy framework fostering new policy-oriented sustainability and further carbon footprint research