MASTER\u27S PROJECT: DIVERSE EXPERIENCES, STORIES, AND IMPACTS OF LAND-BASED EDUCATIONAL PROGRAMMING AT MAPLEHILL SCHOOL AND MY PERSONAL LEARNING JOURNEY IN RELATION TO POWER, PRIVILEGE, AND IDENTITY.

Throughout the past seven years I have been inspired and transformed by my relationship with Maplehill School and Community Farm. This research project seeks to explore a community’s connection with land through the lens of serving youth with social, emotional, cognitive, and developmental disabilities and traumas. This project explores my personal learning journey in relationship to power, privilege, and identity. What are the diverse experiences, stories, and impacts resulting from land-based educational programming at Maplehill School? How do I understand my personal learning journey in relation to power, privilege, and identity? The following research explores interwoven stories from youth at Maplehill School as well as the land it is situated on, and myself

Financial Liberalization, Weighted Monetary Aggregates and Money Demand in Indonesia

This study investigates the significance of Divisia monetary aggregates in formulating the monetary policy in Indonesia. A money demand function has been constructed to compare the relative performance for Simple-sum M1 and M2 (SSM1 and SSM2) and Divisia M1 and M2 (DM1 and DM2) monetary aggregates. The econometrics testing procedures that have been utilized in the estimation include unit root test, cointegration test, Vector Error Correction Model (VECM), Granger causality test and residual test. Empirical findings indicate that only DM1 model yields credible result amongst all of the money demand models. The obtained coefficients for DM1 model are consistent with a prior theoretical expectation and carry plausible magnitudes. The DM1 model is satisfactory as proven by the diagnostic tests. Divisia monetary aggregates are proven not only theoretical superior but also empirical valid as useful measurement of money for the case of Indonesia. The central bank of Indonesia may consider using Divisia monetary aggregates as the policy variables in formulating monetary policy.Money Demand; Divisia Money; VECM

White-collar crime and stock return: Empirical study from announcement effect

White-collar crime continues to hit the headlines across Malaysia and it remains a serious issue influencing organizations globally. A share price event study is thus conducted on a group of public listed companies in Malaysia to examine the announcement effect of white-collar crime. The period of the study is from 1996 to 2010, covering both the Asian Financial Crisis in 1997/98 and the sub-prime mortgage crisis in 2008/09. Results indicate the existence of significant negative abnormal share price reaction on 10 trading days subsequent to the day of announcement. It means that the stock market in Malaysia is not efficient. However, it implies that the market possesses the power to discipline unethical companies as the shareholders drive down their value by disposing their stocks following the announcement.Share Price, Event Study; White-Collar Crime

Factors stimulating corporate crime in Malaysia

Building on the perception of both existing and potential investors in Kuching, Sarawak, this study aims to identify the factors that appear to stimulate corporate crime activity in organizations. A survey was carried out by distributing questionnaires to both types of investors selected on randomly basis. The findings reveal that corporate crime activities are mostly due to inadequate cash security practices, inadequate supervision as well as a lack of internal auditing. To minimize the effects of corporate crime on investors and organizations, managers should pay extra attention to these factors. On the other hand, future research within the context of corporate crime may consider the extent to which organizational crime can affect the shareholder value creation of organizations.Corporate Crime; Internal Control

Organizational Climate and Teachers' Job Satisfaction in Residential and Non Residential Schools

The usefulness of teacher perceptual data in school organizational climate and job satisfaction research was illustrated by a study of two selected residential and two non residential schools in Kuala Lumpur. Seven school climate dimensions of mission and goal consensus, empowerment, student support, affiliation, professional interest, resource adequacy and work pressure were assessed by seventy teachers from residential schools and sixty four teachers from non residential schools. Comparisons of school climate in the selected residential and non residential schools revealed statistically significant difference on six dimensions, namely mission and goal consensus, empowerment, student support, affiliation, professional interest and resource adequacy. Teachers in the selected residential schools perceived more positive school environments than teachers in the selected non residential schools. The selected school teachers' job satisfaction were determined by two separate measures of facet specific and facet free job satisfaction. Comparisons of teachers' facet specific job satisfaction in residential and non residential schools revealed no statistically significant difference on teachers' intrinsic, extrinsic and social satisfaction. Nevertheless, comparisons of teachers' facet free job satisfaction in residential and non residential schools revealed statistically significant difference on all the five global measures of occupation satisfaction, occupation expectation satisfaction, present job satisfaction, re-entry and optional retirement decision. Teachers in residential schools were found to be more satisfied with their facet free overall job satisfaction. Analysis for the combined sample revealed that majority of the teachers were satisfied with their social satisfaction; only three out of ten teachers perceived high level of intrinsic satisfaction while seven out of ten teachers were dissatisfied with extrinsic satisfaction. The overall job satisfaction for the combined sample was only at the medium level. This study also revealed that majority of the combined sample only perceived highly of affiliation while the perceptions for empowerment, student support, professional interest, mission and goal consensus, resource adequacy and work pressure dimensions were only at the medium level

Testing the Rational Expectations Hypothesis on the Retail Trade Sector Using Survey Data from Malaysia

The rational expectations hypothesis states that when people are expecting things to happen, using the available information, the predicted outcomes usually occur. This study utilized survey data provided by the Business Expectations Survey of Limited Companies to test whether forecasts of the Malaysian retail sector, based on gross revenue and capital expenditures, are rational. The empirical evidence illustrates that the decision-makers expectations in the retail sector are biased and too optimistic in forecasting gross revenue and capital expenditures.REH, Unbiasedness, Non-serial Correlation, Weak-form Efficiency

Outward FDI of Malaysia: An Empirical Examination from Macroeconomic Perspective

Outward FDI of Malaysia was nearly non-existent prior to 1970s. Nonetheless, recently Malaysia has not only been able to sustain FDI inflows position, but also emerged as the fifth largest investor among the developing economies in Asia region (UNTACD, 2005). This study aims to investigate the selected macroeconomic determinants of outward FDI of Malaysia, namely income, exchange rate and openness. The Johansen and Juselius cointegration test and the vector error correction model are applied in this study to analyze the quarterly data from 1991:Q1 to 2004:Q4. The findings verified that the outward FDI of Malaysia is determined by income, exchange rate and openness of the economy in both the short- and long-run.

Some Empirical Evidence on the Quantity Theoretic Proposition of Money in ASEAN-5

This study examines the international evidence on long-run neutrality (LRN) of money based on low frequency data from five emerging ASEAN economies, namely, Indonesia, Malaysia, the Philippines, Singapore, and Thailand, using a nonstructural reduced-form bivariate ARIMA model proposed by Fisher and Seater (1993). Empirical evidence shows that the classical proposition cannot be rejected with respect to real export except for Thailand. However, the LRN test results are not robust to changes in money supply in countries under study with respect to real output. The narrow monetary aggregate seems to have greater impact on Indonesia, Malaysia, and Thailand economic activities as compared to the other two countries.Long-run neutrality of money; ARIMA model; ASEAN

Design of Asynchronous Processor

There has been a resurgence of interest in asynchronous design recently. The renewed interest in asynchronous design results from its potential to address the problem faced by the synchronous design methodology. In asynchronous methodology, there is no global clock controlling the synchronization of a circuit; instead, the data communication between each functional unit is completed through local request-acknowledge handshake protocol. The growth in demand of high performance portable systems has accelerated asynchronous logic design technique which can offers better performance and lower power consumption especially in the development of the asynchronous processor for mobile and portable application. In this thesis, the design and verification of an 8-bit asynchronous pipelined processor is presented. The developed asynchronous processor is based on Harvard architecture and uses Reduced Instruction Set Computer (RISC) instruction set architecture. 24 instructions are supported by the processor including register, memory, branch and jump operations. The processor has three-stage pipelining i.e. fetch, decode and execution pipeline. Micropipelines framework with 2-phase signalling protocol and bundled-data approach is employed in designing complex and powerful asynchronous control circuits for the processor. Very High Speed Integrated Circuit Hardware Description Language (VHDL) is used to design and construct all parts of the asynchronous processor. Simulation, synthesis and verification of the processor are carried out using MAX +PLUS II software. The simulation results have demonstrated that the developed 8-bit asynchronous RISC processor is working correctly using current Field Programmable Gate Array (FPGA) technology. This processor employed 903 logic cells and has 6144 memory bits for instruction and data memory. Each of the processor subsystem can operates at different cycle time, thus enable an asynchronous processor achieving 11.95MHz average speed performance