The influence of dynamic capabilities on strategic management accounting practices and its effect on value creation in government linked companies / Nik Herda Nik Abdullah

Greening the logistics services is an eminent factor that could reduce the excessive used of fossil fuel by the logistics industry. In Malaysia, particularly the logistics industry covers all types of transportation mode such as air, land and sea. Besides the positive economic growth, the side effect of logistics activities is a negative externality with a recent issue of the Global Warming is the inevitable growth of Greenhouse gases (GHG). These activities have given an impact to the environment that has caused major catastrophic. This research is to realise the Strategies and Action Plan of Logistics and Trade Facilitation Masterplan (2015- 2020) and 11th Malaysia Plan; Towards a First-World Mentality Nation. Since, inconsistencies in the operation of logistics services between the “green” and “logistics”, thus the logistics players focus on the greener the operation of logistics services. The fact is that “greenness” is a cost-saving strategy in which the logistics players could benefit from Internalization the Social Cost. Green Logistics has been implemented over 40 countries and there are many research related to this study. However, this research is a continuation of current research and focuses on the internalization of the social costs using Game Theory. This research has explored the use of analytical tool of Congestion Game by studying the congestions in the road network. The study of Price of Anarchy for understanding the cost involved in congestion and resolving the congestions in the road network

Factors affecting the intention to use Islamic personal financing

Looking into the situation in Malaysia, with a continued positive economic growth, the loan segment also has great potential for growth. In terms of household debt, it is the highest among developing economic countries in the region. In connection with the personal loan by banks have fallen compared with non-banking financial institutions, thus, the researcher took the opportunity to attract the consumers choose an Islamic banking product by conducting this research. In view of this problem, the researcher interested to study the factors that most influence a consumers’ intention to use Islamic personal financing and explore the relation among UUM staffs in aspects of attitude, social influence, perceived behavioral control, religious obligation and religiosity. Hence, this study is important to ensure consistency in the practice of financing between banks and non-banks by selecting an Islamic personal financing offered by Islamic banks. The sample consisted of 308 Muslim respondents among employees of Universiti Utara Malaysia. All data are analyzed using software of Statistical Package for Social Science (SPSS) by conducting statistical method namely, Independent Samples T-Test, Analysis of Variance (ANOVA), Pearson Correlation and Multiple Linear Regression analysis to achieve the objectives of this research. A conceptual framework is built based on the Theory of Planned Behavior (TPB) by adding two new external variables, namely religious obligation and religiosity to further explain the intention to use Islamic personal financing. The results showed that all the variables are positively correlated with the intention to use Islamic personal financing at 99% of confidence level. In addition, the results also identified four factors which are attitude, perceived behavioral control, religious obligation and religiosity found significant in influencing the intention to use Islamic personal financing. Perceived behavioral control proved to be a strong predictor on the intention to use Islamic personal financing. However, social influence is found to be insignificant predictor. Perhaps, the findings of this research may give ideas and bring recommendations for banks concerns the adjustments and changes needed in order to increase the chances of customers opting an Islamic personal financing offered. Moreover, this will also enable the bank managers to tailor their marketing efforts in line with attracting more customers in the future. Other than that, this study also helps to improve the research of Islamic personal financing and thereby promote more debates in this are

Gaining competitive advantage through new product development capability in Malaysian Government Linked Companies

A new product development capability can be shown through organisational routines that shape the processes of innovation, which are aimed to reconfigure a firm’s product portfolio. It is aimed to create a concrete physical asset from an idea and this relates to the innovation that is the mechanism by which firms to produce new products, processes and systems that essential in order to adapt market changes, technologies and types of competition. New product development capability aids corporate managers plan and execute strategies successfully while securing sustainable competitive advantages. This paper aims to explore the extent of top management emphasis on the measures of new product development that are deemed important for business survival and sustainability in the context of Malaysian government-linked companies (GLCs). A questionnaire survey was distributed with a response rate of 47%. Findings revealed that design a high quality of product or service is the most important measures. This revealed that it is a common exercise for Malaysian GLCs to put high emphasis on the importance of the quality of the new products or services

A comparison of the laryngeal tube with the laryngeal mask airway during spontaneous ventilation in paediatric anaesthesia

A randomized prospective study was conducted involving 80 premedicated paediatric patients of ASA 1 and 2, aged between 2 to 10 years. These children were divided into 2 groups, group L T (n=40) received laryngeal tube and group LMA (n=40) received laryngeal mask as airway device. After a standardized inhalational induction of anaesthesia with servoflurane followed by fentany 1.5 pg . kg· 1 , the laryngeal tube or the laryngeal mask airway was inserted and the patients breathed spontaneously throughout the surgery. Anaesthesia was maintained with nitrous oxide, oxygen, and servoflurane. The airway device was removed at the end of surgery when the patient is fully awake. We recorded the speed of insertion and the number of attempts needed to successfully secure the airway. The quality of ventilation as assessed by incidence of oxygen desaturations, frequencies of airway manipulations throughout the surgery and the end-tidal C02 at various time intervals were recorded. The haemodynamic changes such as systolic blood pressure, diastolic blood pressure, mean arterial pressure and heart rate at different time intervals were recorded. We have also recorded the incidence of complications postoperatively. We found that there were significant more time required for successful insertion and more number of attempts for L T group as compared to the LMA group. The number of manipulations of device or patients after first attempt and the recordings of ETC02 recorded at various time intervals was higher with the L T and the difference was significant. However both groups had no statistical difference in episodes of desaturation and haemodynamic parameters during anaesthesia. We found no statistically significant difference in the incidence of complications postoperatively between the two groups. We conclude that during spontaneous ventilation in paediatric patients undergoing general anaesthesia the laryngeal tube-- is not as reliable in providing a satisfactory airway and we consider it is not a suitable alternative to the laryngeal mask airway

Assessing Strategic Management Accounting Practices in Public Interest Companies in Malaysia

Strategic management accounting (SMA) practices play important roles in supporting decision making and strategic plan positioning in a firm. SMA practices comprise a range of useful and relevant techniques to facilitate a firm’s value.  Through these techniques, a firm would be able to achieve competitive advantage and sustain economic growth, which leads to long-term performance. Recently, the role of SMA techniques in enhancing business performance has become the focus of many studies, unfortunately, studies that accessing the adoption of SMA practices in organizations particularly in Malaysia are not widely available. Hence, the purpose of this paper is to investigate the extent of SMA practices in public interest companies in Malaysia called Government Linked Companies (GLCs). Through SPSS analysis of data collected from 215 questionnaires, the study shows that top management of GLCs has a better understanding of SMA practices due to extensive use of SMA techniques which discovered from the findings and believe that it can benefit their organization. This paper has enriched the literature and provided an assessment of SMA practices for researchers and practitioners which can improve competitiveness in the industry, business prosperity, and secure long-term performance

Express bus consortium : towards achieving the economies of scale case study : Transnasional Express Sdn. Bhd. / Nik Husna Nik Abdullah

Public transportation has become important today as to move people from one place to another place. One of the most popular public transportation is express bus service. The express bus service connecting two points over 100 kilometers being provided by a comfortable coach, as it takes a long journey. Nowadays, many operators exist to operate the express bus service as it seems to bring a profitable income, thus increase the competition among operators. Towards solving the problem, government has made a decision to form two consortiums to lead the industry. Two major companies has been chosen to lead the consortia, namely Mara Holding Sdn. Bhd (Transnasional Express Sdn. Bhd.) and Park May Berhad. The consortiums to achieve the government's objective towards providing an efficient and effective public transportation to the public

The Design And Simulation Of Flow Mode Electrorheological Damper

Electrorheological (ER) Damper Is A Damper That Utilizes Electrorheological Fluid As The Working Fluid. By Changing The Strength Of Applied Electric Field To The Fluid, The Flow Resistance Of The Fluid Changes And Hence The Damping Characteristic Could Be Adjusted. This Paper Provides Theoretical Formulation To Calculate The Damping Constant Of Semi-Active Flow Mode ER Damper. The Formula Is Developed By Analyzing Fluid Velocity Profile That Flows In Electrode Gap. From The Simulation, It Shows That Electric Field Strength Gives Severe Effect To The Damping Level Of The Damper. Without Applying Electric Field, A Reduction On The Gap Of Electrode From 3 To 1 Mm Will Increase The Damping Constant Value By A Factor Of Only 27, While With A 3 Kvmm–1 Electric Field Being Applied, The Increase Is By A Factor Of 595

The degree of cooperation in international strategic alliances and value creation outcomes: Empirical study on service firms in Yemen

International strategic alliances (ISAs) are one of the partnership options that may be used by firms in achieving their goals.It is an inter-firm cooperation where firms commit some of their resources and capabilities towards the alliance to create a competitive advantage.Yemeni services industry need to improve its competitiveness and the quality of services it provides to the people and therefore, forming a strategic alliances with foreign partners is considered as one of the best strategies.Although the involvement of Yemeni’s service firms in ISAs are evidence, but there is no previous study conducted to determine whether these alliances do create value to the firms or not.Therefore, this study is conducted with the objectives of determining whether Yemeni’s service firms’ involvement in ISAs do create value to the firms or not, and what kind of value creation outcomes are created by this ISAs. Alliances may also come in various forms with different degree of cooperation.This study will also look at the influence of the degree of cooperation in ISAs on the value creation outcomes.Survey of 214 service firms’ managers revealed that ISAs do create value to the organization with financial value top the list.Improvement in customer service and better return on investment (ROI) are among the most important advantage gain by these service firms from their involvement in ISAs.This study also posits a significant positive relationship between the degree of cooperation in ISAs and the value creation outcome

The influence of strategy formation capability on firm’s value creation: An empirical review

Value creation analysis is a critical element yet often disregarded by the financial management as one of the important elements in an organization, including Malaysian Government Linked Companies (GLCs).The creation of use value is essential for sustaining the firm.Without this component, firms would have no added value and there would be no reason for firms to exist.These use values are recognized when someone perceives the resources or products of a firm as valuable and people might perceive values differently.GLCs hold a main profit-making objective, in which the Malaysian Government possesses a direct controlling stake and serves as the backbone of the Malaysian economy.By possessing the value creation element, GLCs are expected to create sustainability, have a competitive advantage and produce a better business performance in order to enhance the interest of shareholders, creditors, employees, suppliers, customers, governments and communities. Prior studies have shown that value creation can be created through strategy formation. Strategy formation is the core of strategic management and is related to the effectiveness of the firm’s strategy, which leads to better performance.An effective strategy formation capability is valuable because it enables the firm to create strategies that increase its effectiveness or efficiency and when it matches the firm’s environment that eventually leads to a competitive advantage. This paper tried to ascertain the influence of strategy formation capability on value creation, which then improves a firm’s reputation, product differentiation and process innovation in GLCs.The strategy formation capability tends to provide an empirical review that enables the top management and policy makers to review the strategy formation capability in order to create the firm’s value, achieve sustainable growth and improve GLCs competitiveness in the global market

Tax evasion by small and medium sized enterprises (SMEs) and the role of forensic accounting : the Malaysian perspective

The aim of this research is to identify and define the characteristic behaviour of and factors that influence taxpayers in small and medium-sized enterprises (SMEs) when they either evade tax or comply with tax law. The study also attempts to assess the extent of tax evasion by SMEs in Malaysia. In addition, another concern is also to explore both the actual and potential role of forensic accounting with the focus on improving current enforcement strategies for deterring tax evasion by SMEs. The research findings will contribute to the current limited literature on the tax compliance of SMEs and forensic accounting, especially with respect to Malaysia. Using a multi-method approach, the results of this thesis suggest that the extent of tax evasion by SMEs in Malaysia is both widespread and frequent. The findings also indicate that the offences tend to be deliberate evasion without any sophisticated tax-planning scheme. Understatement of gross profit and overstatement of expenses other than the cost of goods sold are the most frequently used methods. The fact that most taxpayers are unlikely to be detected and penalised by the tax authority is also another factor shaping tax evasion by SMEs. Most SMEs are heavily reliant on tax practitioners to guide them to comply with their income tax matters and will remain with the same tax practitioner in general; however, there is a tendency for some to switch tax practitioner for whatever reason they think fit. Forensic accounting is a field that encapsulates all other areas in the use of accounting for investigative purposes. Forensic accounting is a relatively new discipline in Malaysia; however, the awareness of forensic accounting by tax practitioners and IRB (Inland Revenue Board Malaysia) personnel is strong. The techniques used in forensic accounting are not new to the IRB; however, the IRB personnel need further exposure to and training in these techniques. The finding indicates a lack of sophisticated planning in tax evasion by SMýs in Malaysia. Despite this, forensic accounting technique could be added to the existing tools necessary to bring about the successful investigation and prosecution of those involved. The study was carried out at a time of change for the IR