human capital – Jurnal Pengurusan

Government Board of Director: The influence of Director Identifications on Human Capital Acquisition and Board Oversight Roles

asriwn — Sun, 08 Oct 2023 23:02:08 +0000

Identification is a sense of belonging to particular social groups with similar characteristics or similarly perceived role identities. The strength of an individual’s identification is context-dependent and can influence an individual’s behavior according to certain expectations. Despite abundant research on board oversight roles, little is known about why board members behave in certain ways due to a lack of literature from a socio-behavioral perspective. This paper explores how identification with social groups and role identities among the government board of directors (GBOD) influence their human capital and board roles. The results, derived from semi-structured interviews of twelve government officials who were appointed to the boards of Malaysian State-Owned Enterprises (SOEs) as government representatives, indicate that different identifications, such as the role of government board of director, corporate director, or both, and identification with the SOE could lead to different perceptions of the importance of human capital and influence their contributions in boardrooms. This study provides empirical evidence for the corporate governance literature from a socio-behavioral perspective and helps government agencies and regulators understand the reasons behind GBOD behavior. Selecting board members based on their human capital may be inadequate, and board members may need training to help them identify their roles and responsibilities as government representatives on the board.

Building SMEs Competitive Advantage in Export Markets: The Role of Human Capital and Relationship Quality

Nazira Adnan — Wed, 12 Oct 2022 03:16:04 +0000

Small businesses look for cooperative relationships with foreign partners to build competitive advantage in export markets. In addition, the ability of small businesses to compete is also strongly related to human capital specifically the managerial competences. This study aims to investigate the effect of managerial competences on the relationship quality, which in turn affects the competitive advantage of small business in export markets. Data were collected among small and medium manufacturers. A total of 228 small and medium businesses participated in this study. This study employs structural equation modelling approach for data analysis. The findings indicate that human capital is a function of relationship quality and competitive advantage. In addition, relationship quality is significantly related to competitive advantage. Finally, relationship quality partially mediates the relationship between human capital and competitive advantage. At the end of this paper, the conclusion and discussion are presented, and limitation and future study are discussed.

Knowledge Management Strategy and Human Capital Management in Hotel Industry

apriyaliwahab — Tue, 11 Oct 2022 01:40:13 +0000

The present study explores the knowledge management strategy of Malaysian hotels in managing and leveraging their human capital. This study employs a case study approach, where interviews were conducted with human resource managers of seven hotels with different star ratings. Data are analyzed using NVivo and within and cross case analyses are performed to understand the different knowledge management strategies of Malaysian hotels to determine best practices in harnessing human capital in the hotel industry. The findings suggest that firms’ strategies are influenced by knowledge management and human capital management. The higher the rating of the hotels, the more likely the hotel is to adopt a knowledge management strategy based upon a human oriented strategy. This influences the innovativeness and creativeness of their human capital, which, in turn, increases the competitive advantage of the firms.

Islamic Intellectual Capital and Takaful Financial Performance

apriyaliwahab — Mon, 10 Oct 2022 02:03:06 +0000

This study examines the effect of Islamic intellectual capital that consists of Structural Capital, Human Capital, and Capital Employed on takaful financial performance in Southeast Asia and the Middle East during 2016-2019. The dependent variable, takaful financial performance, is measured from the firm’s ROE. The independent variables in the current study are the Human Capital Efficiency (HCE), Structural Capital Efficiency (SCE), and Capital Employed Efficiency (CEE), and Audit Opinion used as a control variable. This study is a descriptive quantitative research using multiple linear regression analysis. The population of this study is the sharia insurance firms in Southeast Asia and Middle East countries with a total of 155 observations. This study shows that, two out of three variables are significant. Structural Capital Efficiency has a positive and significant effect, Capital Employed Efficiency has a negative and significant impact, and the Human Capital Efficiency has no significant effect on takaful financial performance. This study can be used as a reference, evaluation, and source of improvement for sharia insurance firms in optimizing the Islamic intellectual capital to improve the firm’s financial performance. To achieve this objective, companies could improve employees’ knowledge on sharia regulations, especially regarding sharia insurance, training, fulfilling employee’s rights, improving system quality, services, and transaction procedures.

Modal Insan dan Penemuan Peluang ke Atas Eksploitasi Peluang Keusahawanan di Kalangan Usahawan-usahawan Luar Bandar

amrularshad — Sun, 09 Oct 2022 14:06:50 +0000

This study aims to explore the process of opportunity in rural entrepreneurship in Malaysia. Specifically this study tries to identify relationship of exploiting entrepreneurial opportunity, entrepreneurial opportunity discovery and human capital of rural entrepreneurs, and to determine direct and joint effect of entrepreneurial human capital on exploiting entrepreneurial opportunity for Malaysian rural entrepreneurs. To achieve the objectives of this study, a quantitative survey was conducted on 345 respondents (Malaysia rural entrepreneurs). Data collected from the survey was analysed using SPSS version 20 for descriptive analysis and SmartPLS version 2.0 software for inferential analysis to explore the related variables. The survey revealed that at 0.01 significant level, human capital has a positive relationship with exploiting entrepreneurial opportunity and direct effect to entrepreneurial opportunity discovery. The study concludes that entrepreneurial human capital and opportunity discovery play important roles that contribute to the new venture creation in rural entrepreneurship. This research makes a significant contribution on rural entrepreneurship field, especially in relations to rural opportunity entrepreneurship.

Investor Sentiment, Human Capital and Fama French Factors: Measurement and Performance in the Malaysian Market

Nur_161 — Sat, 08 Oct 2022 16:33:58 +0000

This paper examines pricing implications of investors’ behavioral biasness in the Malaysian equity market. By using monthly data from January 2000, through January 2014, we explore the impact of investor sentiment, human capital, and Fama-French risk factors in multiple factor asset pricing models. A unique seven-variable composite index is used for the measurement of investor sentiment. Results indicate that sentiment is a priced risk, and display the ability to capture returns unexplained by SMB (Small minus Big) and HML (High minus Low) factors. Evidence suggests that sentiment is a source of systemic risk, and effectively explains returns of stocks with opaque characteristics. Modeling aggregate labor income produces insignificant results, suggesting that there are no returns for human capital in the Malaysian equity market. The Fama and French three factor model together with investor sentiment risk achieves a substantial pricing efficiency.

The Moderating Effects of Independent Directors’ Human Capital on the Relationship between Related Party Transactions and Firm Performance: Evidence from Malaysia

SITI HASLINA TON ZAINAL ABIDIN — Sat, 08 Oct 2022 11:44:14 +0000

The purpose of this study is to examine the effect of related party transactions (RPTs) on firm performance and whether this effect is moderated by independent directors’ (INEDs) presence and their human capital (i.e. functional and firmspecific knowledge). Based on a sample of 300 non-financial firms listed on Bursa Malaysia for 2013, this study found that RPTs in general, have a positive effect on firm performance and this effect varies according to the parties involved in RPTs. Specifically, this study found that firm performance is higher for RPTs involving subsidiaries, associates and joint ventures. The findings support the efficient transactions hypothesis that RPTs can create value to the firm. INEDs’ presence and INEDs’ functional and firm-specific knowledge are found not to have any moderating effects on the RPTsfirm performance relationship. Therefore, the agency, resource dependence and human capital theories that stress on the importance of INEDs as corporate monitor and advisor are not supported. This study, perhaps the first, explains the interaction effects of INEDs’ functional and firm-specific knowledge on RPTs-firm performance relationship.