MODERATING EFFECTS OF RISK MANAGEMENT FUNCTION ON DETERMINANTS OF ENTERPRISE RISK MANAGEMENT IMPLEMENTATION IN MALAYSIAN OIL AND GAS SECTOR: A CONCEPTUAL FRAMEWORK

Abstract Enterprise Risk Management (ERM) has been recently acknowledged as one way out of economic crises the world is experiencing. As it has accounted for some business success stories after the 2008 global financial crises. Despite all the good experience, oil and gas sectors of the global economy are still suffering from emerging risk incidences such as dwindling oil prices, pipeline explosions, refinery shut down, staff trips and falls and new regulations. Malaysian oil and gas sector is not an exception, as it has faced and still facing some of these risky turbulances. Previous studies conducted on ERM in Malaysia were mostly on financial institutions, manufacturing sector, measuring performance and firm’s value analysis. It is against this backdrop, in which this paper develops a conceptual framework for a study to be conducted in the future. The research gap is by taking a departure from all those saturated areas to the petroleum industry with concern to ERM implementation intensity, particularly the oil and gas sector in Malaysia. The postulated determinant variables to be examined in the study are firm characteristics, information technology, staff capacity and regulatory framework, using risk management function as a moderating variable, involving major oil and gas industry players, namely Petronas and Hess Corporation. Research significance and the scope of the study were also explained in the paper. Keywords: Implementation, Drivers, Enterprise-Risk-Management, Risk, and Oil-and-Ga

Factor Retention Decisions in Exploratory Factor Analysis Results: A Study Type of Knowledge Management Process at Malaysian University Libraries

Structural equation modeling (SEM) is a versatile statistical modeling tool which uses in the social sciences research. Recently, in Library and Information Science (LIS) environment, structural equation modeling has gained popularity across many disciplines, due to its generality and flexibility. Its estimation techniques, modeling capabilities and breadth of application are expanding rapidly.This paper reported a structural equation modeling through an Exploratory Factor Analysis (EFA) result, which involves 300 lead users at six selected Malaysian university libraries through survey. The decision of how many factors to retain is a critical component of exploratory factor analysis. Evidence is presented that parallel analysis is one of the most accurate factor retention methods. SPSS 20 was utilized to analyze the factor analysis data. In this regards, the results of EFA could provide empirical evidence of each hypotheses construct. It is hoped that the EFA results could be used to level Confirmatory Factor Analysis (CFA) to perform full Structural Equation Modeling.© 2013 The Authors. Copyright for this article is retained by the author(s), with first publication rights granted to the journal. This is an open-access article distributed under the terms and conditions of the Creative Commons Attribution license (http://creativecommons.org/licenses/by/3.0/).fi=vertaisarvioitu|en=peerReviewed

Motivating Tacit Knowledge Sharing: The Role of Perceived Value of Knowledge and Organizational Citizenship Behavior

Purpose: This study investigates the challenge of retaining and sharing tacit knowledge during employee transitions in organizations, with a specific focus on software developers' motivations. We examine two key motivational beliefs: the perceived value of knowledge and organizational citizenship behavior (OCB), and their influence on sharing intentions. Additionally, we explore how these beliefs shape attitudes, subsequently affecting intentions regarding tacit knowledge sharing.   Theoretical Framework: Grounded in the Theory of Reasoned Action (TRA), our research underscores the pivotal role of beliefs in shaping attitudes and intentions related to tacit knowledge sharing. Beliefs, encompassing the Perceived Value of Knowledge and OCB, play a significant role in molding attitudes. Using structural equation modeling, we analyze data collected from 197 software developers, employing confirmatory factor analysis to validate our measurement model and structural model analysis to explore relationships.   Findings: Our findings indicate that software developers are indeed willing to share their tacit knowledge, with their willingness positively influenced by the perceived value of tacit knowledge and engagement in OCB. Attitudes towards sharing tacit knowledge act as mediators in the relationship between these beliefs and sharing intentions.   Implications: In practical terms, organizations can foster tacit knowledge sharing by promoting positive attitudes, recognizing knowledge's perceived value, and cultivating a culture that encourages OCB. This facilitates a conducive environment for sharing, further enhanced by acknowledging and rewarding employees who exhibit OCB. Theoretical implications align with the Theory of Reasoned Action, emphasizing the role of attitude in shaping intentions. Our research contributes uniquely by exploring the underrepresented relationship between perceived knowledge value and tacit knowledge sharing, introducing a novel approach by examining the combined impact of OCB and perceived value. These insights are valuable for organizations looking to cultivate a culture of tacit knowledge sharing, driving innovation and enhancing performance

The relevance of Islamic micro-finance in achieving the sustainable development goals

Despite the impressive score card of the Millennium Development Goals (MDGs), it goes to suggest that the Sustainable Development Goals (SDGs) requires targeted efforts in reaching the most vulnerable people worldwide. In Muslim societies, Islamic Micro-finance has been regarded as an important tool for the empowerment of poor people especially women, towards developing micro enterprises. The main objective of this study is to explore the conceptual framework on the relevance of Islamic Microfinance in achieving the SDGs. This study identifies different products of Islamic Micro-finance used to address diverse deprivations, leading to individual’s personal development, increased productivity and income, and participation in economic and social life. The methodology of this study is based on analysis of relevant literatures. The finding of the study indicates that Islamic Micro-finance is a growing market niche with potentials to develop human capabilities towards empowerment, knowledge and skills, self-reliance and social cohesion. The empowerment enables the clients to manage their economic life effectively and reduce stress.peer-reviewe

Psychosocial Workplace Hazards and Workers' Health in Factory Sector

Nowadays, issues on psychosocial workplace hazards have become a hot topic. However, only a small amount of research has been conducted in Malaysia. The purpose of this study is to determine the relationship between psychosocial workplace hazards and workers' health which is measured using Body Mass Index (BMI) as well as mental health. Two research hypotheses related to psychosocial workplace hazards, i.e. Body Mass Index (BMI) and mental health were examined. In this study, 105 workers were selected randomly from factories located in Klang, Selangor, and questionnaires were distributed to them. The result revealed that there is a significant relationship between psychosocial workplace hazards and BMI, while there is no significant relationship between psychosocial workplace hazards and mental health. This study serves as a guideline for organisations concerning the relationship between psychosocial workplace hazards with workers' health

Local wisdom in economic practice: An empowerment Fiqh analysis of the tesang tradition of the Buginese and Makassarese

This article explores the role of tesang, a local practice, as an approach to economic empowerment amongst the Buginese and Makassarese of South Sulawesi. Tesang not only promotes the division of profits between investors and laborers but also continued efforts to improve the local economy. This article’s analysis relies on data collected through observations and interviews as well as a review of the literature. This study emphasizes that tesang is not only an economic practice but also a co mmitment to maintaining Buginese and Makassarese society in a manner that reflects the teachings of Islam. This local wisdom-based approach to empowerment may be used to realize collective empowerment and success. As such, even though it does not follow any formal structure, tesang has a real and tangible effect on society. This study recommends that future research take an in-depth approach that recognizes tesang not only as a means of empowerment but also as a foundation for strong linkages through which society’s increasingly complex demands can be fulfilled

Scaling up community mobilisation through women's groups for maternal and neonatal health: experiences from rural Bangladesh

Background: Program coverage is likely to be an important determinant of the effectiveness of community interventions to reduce neonatal mortality. Rigorous examination and documentation of methods to scale-up interventions and measure coverage are scarce, however. To address this knowledge gap, this paper describes the process and measurement of scaling-up coverage of a community mobilisation intervention for maternal, child and neonatal health in rural Bangladesh and critiques this real-life experience in relation to available literature on scaling-up.Methods: Scale-up activities took place in nine unions in rural Bangladesh. Recruitment and training of those who deliver the intervention, communication and engagement with the community and other stakeholders and active dissemination of intervention activities are described. Process evaluation and population survey data are presented and used to measure coverage and the success of scale-up.Results: The intervention was scaled-up from 162 women's groups to 810, representing a five-fold increase in population coverage. The proportion of women of reproductive age and pregnant women who were engaged in the intervention increased from 9% and 3%, respectively, to 23% and 29%.Conclusions: Examination and documentation of how scaling-up was successfully initiated, led, managed and monitored in rural Bangladesh provide a deeper knowledge base and valuable lessons.Strong operational capabilities and institutional knowledge o

Impact of delay in early swallow screening on pneumonia, length of stay in hospital, disability and mortality in acute stroke patients

Background/Objectives: Early swallow screening, within 4 h of admission, is required for all acute stroke patients to commence nutritional support, as recommended. We evaluated the impact of delay in early swallow screening on outcomes in patients admitted with acute stroke. Subjects/Methods: Prospective cohort study of 1656 men (mean ± SD age = 73.1y ± 13.2) and 1653 women (79.3y ± 13.0) admitted with stroke to hyperacute stroke units (HASUs) in Surrey. Logistic regression was used to assess the risk (adjusted for age, stroke severity and co-morbidities) of delay in swallow screening on pneumonia, length of stay (LOS) > 3 weeks in HASU or hospital, moderately severe to severe disability on discharge (modified Rankin scale score = 4–5) and mortality during admission. Results: Compared with those who received swallow screening within 4 h of admission, a delay between 4 and 72 h was associated with greater risks of pneumonia: OR = 1.4 (95%CI:1.1–1.9, P = 0.022), moderately severe to severe disability on discharge: OR = 1.4 (1.1–1.7, P = 0.007) and a delay beyond 72 h was associated with even greater risks of pneumonia: OR = 2.3 (1.4–3.6, P < 0.001), prolonged LOS in HASU: OR = 1.7 (1.0–3.0, P = 0.047, median LOS = 6.2 vs. 14.7 days) and hospital: OR = 2.1-fold (1.3–3.4, P = 0.007, median LOS = 6.8 vs. 14.9 days), moderately severe to severe disability on discharge: OR = 2.5 (1.7–3.7, P < 0.001) and mortality: OR = 3.8 (2.5–5.6, P < 0.001). These risks persisted after excluding 103 patients who died within 72 h. Conclusions: Delay in early screening for swallow capacity in acute stroke patients is detrimental to outcomes, possibly due to delaying nutritional provision or through inappropriate feeding leading to aspiration. Routine early screening needs greater attention in HASUs

BHPR research: qualitative1. Complex reasoning determines patients' perception of outcome following foot surgery in rheumatoid arhtritis

Background: Foot surgery is common in patients with RA but research into surgical outcomes is limited and conceptually flawed as current outcome measures lack face validity: to date no one has asked patients what is important to them. This study aimed to determine which factors are important to patients when evaluating the success of foot surgery in RA Methods: Semi structured interviews of RA patients who had undergone foot surgery were conducted and transcribed verbatim. Thematic analysis of interviews was conducted to explore issues that were important to patients. Results: 11 RA patients (9 ♂, mean age 59, dis dur = 22yrs, mean of 3 yrs post op) with mixed experiences of foot surgery were interviewed. Patients interpreted outcome in respect to a multitude of factors, frequently positive change in one aspect contrasted with negative opinions about another. Overall, four major themes emerged. Function: Functional ability & participation in valued activities were very important to patients. Walking ability was a key concern but patients interpreted levels of activity in light of other aspects of their disease, reflecting on change in functional ability more than overall level. Positive feelings of improved mobility were often moderated by negative self perception ("I mean, I still walk like a waddling duck”). Appearance: Appearance was important to almost all patients but perhaps the most complex theme of all. Physical appearance, foot shape, and footwear were closely interlinked, yet patients saw these as distinct separate concepts. Patients need to legitimize these feelings was clear and they frequently entered into a defensive repertoire ("it's not cosmetic surgery; it's something that's more important than that, you know?”). Clinician opinion: Surgeons' post operative evaluation of the procedure was very influential. The impact of this appraisal continued to affect patients' lasting impression irrespective of how the outcome compared to their initial goals ("when he'd done it ... he said that hasn't worked as good as he'd wanted to ... but the pain has gone”). Pain: Whilst pain was important to almost all patients, it appeared to be less important than the other themes. Pain was predominately raised when it influenced other themes, such as function; many still felt the need to legitimize their foot pain in order for health professionals to take it seriously ("in the end I went to my GP because it had happened a few times and I went to an orthopaedic surgeon who was quite dismissive of it, it was like what are you complaining about”). Conclusions: Patients interpret the outcome of foot surgery using a multitude of interrelated factors, particularly functional ability, appearance and surgeons' appraisal of the procedure. While pain was often noted, this appeared less important than other factors in the overall outcome of the surgery. Future research into foot surgery should incorporate the complexity of how patients determine their outcome Disclosure statement: All authors have declared no conflicts of interes