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Examining the impact of green human resource management (GHRM), top management commitment (TMC), and green culture (GC) on green performance (GP) of Palm oil companies (POCs) in Malaysia is the aim of the study. A self-administered structured questionnaire was adapted to collect data. SPSS and Smart-PLS software analyzed the 165 firms’ usable responses. The empirical results found significant positive impacts of GHRM, TMC, and GC on GP. The outcome offers valuable insights into the knowledge domain and practices of GHRM and how it affects the GP of POCs. Moreover, the observed results highlight the importance of GC and TMC in implementing green procedures to create positive GP. To the researchers, no study has explored the relationship between GHRM, TMC, GC, and GP using empirical data from Malaysian POCs. Moreover, this research’s findings enrich the researchers, academicians, and practitioners practically and theoretically.

Knowledge sharing can enhance learning and help to build the knowledge workforce. This paper reports on a study of knowledge sharing behaviour among undergraduate students in Malaysia. Knowledge sharing was found to be influenced by the mechanisms used, various barriers to communication and the motivations behind knowledge sharing. The mechanisms include online communication, social interaction, off-campus activities and learning activities. It was found that problems with information and communications technology (ICT), lack of self confidence, external constraints, self-centredness and social attributes can create barriers to knowledge exchange. It is concluded that the motivation to share knowledge appears to be affected by relationships, rewards and the level of satisfaction with knowledge sharing activities. (Contains 1 note and 4 tables.)

Examining the impact of green human resource management (GHRM), top management commitment (TMC), and green culture (GC) on green performance (GP) of Palm oil companies (POCs) in Malaysia is the aim of the study. A self-administered structured questionnaire was adapted to collect data. SPSS and Smart-PLS software analyzed the 165 firms' usable responses. The empirical results found significant positive impacts of GHRM, TMC, and GC on GP. The outcome offers valuable insights into the knowledge domain and practices of GHRM and how it affects the GP of POCs. Moreover, the observed results highlight the importance of GC and TMC in implementing green procedures to create positive GP. To the researchers, no study has explored the relationship between GHRM, TMC, GC, and GP using empirical data from Malaysian POCs. Moreover, this research's findings enrich the researchers, academicians, and practitioners practically and theoretically. [ABSTRACT FROM AUTHOR]

A study was conducted to analyze the factors of exchange rate volatility from the macroeconomic perspective for the economies of Singapore, Indonesia, Thailand, and Malaysia. The link between macroeconomic factors and exchange rate volatility was examined using econometrics techniques. The study confirms the link between the factors and exchange rate volatility in both the short and the long run for the countries' economies.

This study investigates the various motivations to equity crowdfunding in Malaysia. A total of 169 responses from survey questionnaires are used to test the relationships using Structural Equation Modelling-Partial Least Squares. Investigation into the influence of both intrinsic and extrinsic motivators on the willingness to support equity crowdfunding shows that the financial motive is insignificant in influencing the decision. Among the intrinsic motivators, aesthetic value, emotional value, novelty and trust are highly significant and the desire to be part of a community is the only intrinsic motivator that is insignificant. The willingness to support has a positive influence on the likelihood to invest in equity crowdfunding. [ABSTRACT FROM AUTHOR]

Investors' perception of past portfolio returns predicts their investment behavior, but does this relationship mediate by overconfidence? Taking into account different aspects of overconfidence, this paper examines whether overconfidence manifested as illusion of control, miscalibration and better-than-average mediates the association between perception of past portfolio returns and investment behavior. In a survey study with individual and institutional investors from Malaysia, the results indicate that perception of higher past portfolio returns increases investors' trading, percentage of risky share investment and the number of financial asset holding, through the mediating channel of better-than-average effect. While individual investors are influenced by this overconfidence mechanism, institutional investors are not sensitive. This finding has theoretical implication for overconfidence model, house money effect and naïve reinforcement learning. Practically, the results imply that individual investors should be careful about underlying overconfidence biases as it can lead to inefficient decisions. [ABSTRACT FROM AUTHOR]

This study examines the abrupt jumps in the Dow Jones Islamic Market (DJIM) sectoral indices using a modified return-volatility model that allows for multiple structural breaks. The breakpoint tests for both return and volatility suggest that only several Islamic sectoral markets are insulated from the external shocks. The finding implies that the Islamic equities are merely a partial safe haven in the extreme market fluctuations. Among the sectoral indices, the oil and gas market exhibits the highest degree of volatility persistence, implying its past price can be useful to predict the future prices compared to other indices. It is also found the volatility persistence experiences a decline when abrupt jumps are incorporated into the model. These empirical results suggest the inclusion of abrupt jumps into the estimation is important to provide reliable explanatory power on the volatility dynamics of Islamic stock markets. This study may benefit the financial market participants and policymakers in making better-informed investing decision specifically for Sharia-compliant equities. [ABSTRACT FROM AUTHOR]

With the aim being to have an integrated and efficient management system, Malaysia is currently facing a remarkable waste issue with a massive increase in waste generated per day. This study collected 400 survey responses to assess the satisfaction and awareness of households about various issues of solid waste management. This study revealed that the majority of the respondents were satisfied with their waste management services. However, there was concern about providing a more diverse waste management facility. This study found a strong positive relationship between age and waste reduction behaviours. The majority of the respondents agreed that their lifestyle affected waste minimisation. Almost half of the respondents indicated that they lacked knowledge to practise waste sorting. Age and education were positively correlated to reuse and recycling behaviours. Overall, a holistic waste management education is vital for Malaysia to build an efficient waste management system. [ABSTRACT FROM AUTHOR]

Purpose – The purpose of this paper is to investigate the impacts of Financial Reporting Standards (FRS)139 adoption on value relevance of financial reporting for non-financial public listed companies in Malaysia. Design/methodology/approach – Multiple regressions were applied in this study to explore the value relevance of financial reporting upon FRS139 adoption. Findings – The finding indicates that book value of equity and net income after tax are significant in jointly explaining the variations associated with market value for both the pre- and post-FRS139 period. However, the role of the book value of equity and the balance sheet in stock market valuation is becoming increasingly important compared with the role of net income after tax and income statement upon mandatory adoption of FRS139. Originality/value – This study provides relevant insights into the potential consequences of FRS139 adoption in Malaysia. This is a significant event in the history of financial reporting in Malaysia. Given the importance and complexity of applying IAS39 in more developed countries, the results of this study add to current literature by providing a comprehensive empirical analysis on the effects of FRS139 adoption on financial reporting in Malaysia, a developing country where the economy is smaller, the financial market less efficient, and institutional settings different from developed countries. [ABSTRACT FROM AUTHOR]

Purpose – This paper aims to study gender differences in preferences for firm characteristics across various groups of investors in Malaysia. Design/methodology/approach – Self-declared preferences are elicited through a survey of 520 investors comprising retail, financial professionals and institutional investors in the Malaysian stock market. Non-parametric (Mann-Whitney and Kruskal-Wallis) tests are computed to achieve the stated objective. Findings – Results reveal that female investors display higher preferences for the liquidity of a firm, dividend payments, trading volume of a firm, stock price and firm’s age than male investors across investor’s groups. Research limitations/implications – Findings imply that the gender gap in investing behaviour can be partly attributed to gender differences in preferences for firm characteristics. Practical/implications – The findings suggest that the gender gap can be mitigated by giving more priority to the choices of female investors with respect to firm characteristics. In turn, this may reduce a part of the gender gap in investing. Moreover, the findings would assist companies to understand and know how their shareholder’s preferences vary with respect to gender and investor’s groups. Originality/value – This paper provides evidence concerning the gender gap in investor’s self-declared preferences for firm characteristics across retail, financial professionals and institutional investors in Malaysia, which complements previous studies that used equity holdings data and only two groups of investors. [ABSTRACT FROM AUTHOR]

Purpose – The purpose of this paper is to provide insights on how a firm's size is related to risk taking of Malaysia's insurance companies, from 2000-2010. Design/methodology/approach – The sample used for empirical testing in this study comprised direct insurance firms licensed under Malaysia's Insurance Act 1996, for the time frame between 2000 and 2010. Pearson's correlation, fixed and random effects models, and the system Generalized Method of Moments (GMM) method were used in this study. Findings – Both the fixed effects and the system GMM panel data regression models suggested a positive link between the insurance firm size and underwriting risk. For the robustness test, the results of the analysis using changes in data broadly resemble the outputs of the levels estimation. Research limitations/implications – The sample of this study is limited to Malaysia's insurance sector only. Originality/value – Advocates of the too-big-to-fail (TBTF) theory believe that government support and the guarantee of a financial bailout are warranted for large financial institutions facing crises, for the main purpose of avoiding disruptions within a country's economy. The drawback, however, may be that the TBTF doctrine is the culprit behind excessive risk taking by insurance firms of large proportions. A number of regulatory concerns have been raised and addressed from this study. [ABSTRACT FROM AUTHOR]

This paper examined the behavior of institutional and retail investors in Malaysia during the bulls and bears. The results revealed significant differences in behavioral patterns between these two groups of investors. For the institutional investors, obvious differences were found in the areas of overconfidence, liquidity preference, and price anchoring between these two distinct market trends. As for the retail investors, there were no obvious difference in investing behavior except in terms of liquidity preference and self-control. The overall results indicated that both investors exhibited overconfidence during both periods; nonetheless, they were somewhat rational by exercising self-control and being concerned with liquidity when making investment decisions. Both investors ranked dividend yield as the most important fundamental variable particularly during bearish market outlook. On the other hand, trend analysis was rated as the most important variable closely watched technical indicator during bullish market outlook. Consistent with the findings of both surveys, we provide evidence that dividend yield appeared to be significant risk factor as well. [ABSTRACT FROM AUTHOR]

Purpose – The purpose of this paper is to identify the relationships between risk management committee characteristics and risk taking of the Malaysia's insurance companies, from 2003-2011. The paper aims to examine three identified characteristics of a risk management committee, namely, size, independence, and number of meetings. Design/methodology/approach – The sample comprises 329 observations throughout the nine years' time frame until 2011. Pearson's correlation, pooled ordinary least squares regression, and panel regression model are used in this study. Sensitivity testing with an alternative measure of underwriting risk is also performed. Findings – Out of the three characteristics, size and committee independence appear to be negatively associated with underwriting risk. Meanwhile, the frequency of risk management committee meetings is insignificant in this study. Research limitations/implications – The sample of this study is limited to the Malaysia's insurance sector only. Originality/value – A risk management committee is an influencing force for risk oversight and the internal control system. The empirical evidence enriches the understanding of corporate governance in the context of the role of a risk management committee. [ABSTRACT FROM AUTHOR]

This paper explores the mean reversion behaviour of three Japanese real exchange rates during January 1980-January 2010. The CPI- and PPI-based real yen/USD rates and real effective yen rates are examined using newly improved unit root tests allowing for endogenous break(s) in the linear and non-linear manner. We identify structural breaks in 1985 and 1997/98, respectively, via the linear tests from Zivot and Andrews (1992) and Lumsdaine and Papell (1997), but the results were mostly against the PPP hypothesis. The test from Saikkonen and Lütkepohl (2002), however, provides sufficient support for the non-linear adjustment of real exchange rates towards long-run PPP (purchasing power parity), which suggests the goods market integration between the two nations. The exchange rate misalignment is somewhat less evident after the Plaza Accord 1985, and stronger evidence for PPP is found in the post-1999 period. This is supported by a smaller persistency of real exchange (half-life < a year) found in sub-sample analysis. In brief, our findings reveal that the Japanese authorities have implemented a PPP-oriented rule as a basis for their exchange rate policies in the presence of structural break(s) and non-linearity. [ABSTRACT FROM AUTHOR]