Knowledge workers and knowledge management: Some descriptive evidences on the MSC status companies in Malaysia

This paper provides the results of questionnaire survey, which was intended to seek and examine the opinions of respondents about the management of knowledge workers in the Multimedia Super Corridor (MSC) status companies in Malaysia. Out of 40 MSC status companies and 500 questionnaires initially sent out during the fieldwork, some 19 companies' participated and 171 questionnaires were returned from individuals within these companies. The findings presented in this paper focus on two main issues. Firstly, the demographic characteristics of participating knowledge workers are outlined. Secondly, an overview of the current movenment towards knowledge management practice in the MSC status companies is also given

The Effect Of Chief Risk Officer (CRO) On Enterprise Risk Management (ERM) Practices: Evidence From Malaysia

This study investigates the level of Enterprise Risk Management (ERM) adoption within the Public Listed Companies (PLCs) in Malaysia and the influence of Chief Risk Officers (CROs) on ERM practices. Included in this particular study is a comprehensive survey on 500 companies from the main board of public listed companies in the Malaysian Bourse. Key findings of this research work reveal that only 42% of the companies surveyed have completely adopted ERM and based on regression analyses, the ‘quality’ of CROs has a strong influence on the level of ERM adoption within the PLCs involved in the survey

Determinants of Family Takaful (Islamic Life Insurance) Demand: A Conceptual Framework for a Malaysian Study

Family Takaful is one of the service sectors that are expected to continue to drive growth in the economy.Thus, the family Takaful market continues to play an important role in supporting economic and social development.However, in Malaysia, family Takaful market is still at a lower penetration level if we were to compare to other developed countries even though the Takaful industry continues to sustain strong performance amidst challenges in a competitive environment.Evidence has shown that the percentage of society covered by family Takaful contracts in Malaysia is still very low compared to conventional insurance.Therefore, the study aims to propose a conceptual framework for the determinants of family Takaful demand in Malaysia. From a review of the literature available in this particular area of interest, there are two categories of factors that are found to be the main determinants of family Takaful.These factors are the socio-demography and economic factors

The Influence of Managers' Characteristics on Risk Management Practices: Evidence from Malaysian Public Listed Companies (PLCs)

The field of risk management as a dynamic scientific discipline and a structured response to risk has become increasingly important among businesses and industries worldwide. In this context, the Malaysian industry and commerce is no exception. However, the literature in this area of specialization is still lacking amongst developing countries including Malaysia. This particular study aims at examining how the managers' characteristics could influence the way they manage risk for their companies/ organizations. Based on a survey done on Chief Executive Officers (CEOs) of Public Listed Companies in the Malaysian Bourse, some interesting and important findings were revealed. First, younger and junior CEOs appear to be more pro-active and more willing to take risks while the older or senior ones were more risk averse and more conservative in their approach and risk decision-making especially. Second, experienced CEOs differed significantly from others in their overall perception of risk especially with regard to financial risk. Third, surprisingly, the Malay CEOs were found to be much more concerned in respect of financial risks compared to their Chinese counterparts. The overall results provide a new insight into the managers' traits and relationship with the way they perceive and manage the various potential risk exposures facing their companies and organizations

Risk management practices and company performance: An empirical evidence from cement sector of Pakistan

The study investigates the impact of risk management on the company performance.Degree of financial leverage (DFL), degree of operating leverage (DOL) and the working capital ratio (WCR) are taken as independent variables which are the representative of risk and the earning price per share (EPS), return on assets (ROA), return on equity (ROE), Sales and Net profits are taken as the representative of performance.Last 10 years (2004-2013) of Cement sector of Pakistan data is chosen as sample for analyze their relations by multiple regression technique.Results reveal that WCR impact adequately on the company performance because if company has enough liquidity than it perform its operations smoothly and enhance its performance very well.DFL should be control moderately because enough DFL leads performance of company downward. On the other hand, the DOL should be less because it causes the less profitability for the company from its operations

Enterprise-Wide Risk Management (EWRM) practices: Between corporate governance compliance and value creation

Although Enterprise-Wide Risk Management (EWRM) concept is still new in many parts of Asia, there are positive indications that EWRM is beginning to receive attention.As a matter of fact, this topic is being widely discussed on an industry-wide basis.The emergence of EWRM is cited to be driven most by corporate governance, and its effective implementation is claimed to contribute towards value creation.This paper thus examined the drivers and the success of EWRM implementation with corporate governance compliance and value creation in for-profit companies.A survey found that EWRM concepts and its efforts have become a growing concern among Public Listed Companies (PLCs).The motivation factor of corporate governance is evidenced especially in nonfinancial companies.Whilst financial companies cited that their EWRM practices were not only being driven by corporate governance compliance, but also for good business practice and improved decision making. In addition the motives of its implementation ensured the survival of the company and value creation

Internal audit function in relation to Enterprise-Wide Risk Management (EWRM) practices

his paper examines the internal audit roles and functions in Enterprise-Wide Risk Management (EWRM) practices of Public Listed Companies (PLCs) in service sector. A triangulation approach was adopted to obtain an enriched data collection and analysis for the study. From a survey analysis, the findings showed that 85.7 percent of EWRM programs in financial companies were under the direct supervision of a risk management department as compared to only 34.1 percent in non-financial companies. This result was quite surprising, as more than half (51.3 percent) of the EWRM programs in non-financial companies were actually under the supervision of an internal audit department. However, only 47.2 percent of the companies were found to have their own internal audit, while 52.6 percent reported that they outsourced their audit activities. Quite interestingly, the overall result from a case study analysis found that the internal auditor plays a dual function, as an internal auditor and also as a risk manager