This paper uses Pesaran et al.'s (1999) Pooled Means Group (PMG) estimation to explore the role of government expenditures of the host countries on Foreign Direct Investment (FDI) inflows. The PMG estimator allows for a greater degree of parameter heterogeneity by imposing common long-run relationships across countries. A panel data from 24 developing countries was utilised for the study period between 1982 and 2014. The empirical results show government expenditure significantly promotes FDI inflows in the long-term. The results also suggest that market size plays an important role in FDI inflows.
Purpose The majority of Malaysian firms are small and medium-sized enterprises (SMEs), and the hospitality industry is no exception. However, a study on environmental management systems (EMS) reveals that relatively few studies have observed EMS implementation in small and medium-sized enterprises hotels (SMEHs). Hence, this study aims to determine the link between institutional influences and mediating effects of top managers' perceived benefits toward EMS implementation by Malaysian SMEHs. Design/methodology/approach The results of a questionnaire survey of 252 SMEHs managerial-level professionals using Smart-PLS software provide some explanation for the marginal action taken by these SMEHs to improve their environmental performance. Findings Based on the findings, five variables might stimulate the implementation of an EMS: regulatory influences, customer influences, competitor influences, employee influences and manager attributes influences. Research limitations/implications This study significantly advances understanding of EMS and SMEHs, offering a replicable research framework applicable across industries and countries. Scholars can leverage the framework for further exploration, while managers should recognize institutional influences on EMS implementation. Originality/value Given that this study is one of the few that investigates the institutional influences and perceived benefits of EMS implementation, it may provide valuable information for future research on the hospitality industry and the SMEHs among researchers and practitioners.
This paper explore how export competitiveness in the Malaysian palm oil downstream industry is affected by European Union (EU) environmental regulation. Porter (1990) suggests that environmental policies may foster international competitiveness. To investigate the impact of EU environmental policies on trade competitiveness in the Malaysian palm oil downstream industry, the dynamic generalized method of moments (DGMM) is employed. The final results reveal that EU environmental regulations have a positive impact on palm oil industry competitiveness. This result is consistent with the Porter Hypothesis, which argues that a more stringent environmental regulation can trigger innovation to non-compliance cost. Palm oil downstream innovation is crucial to improve the overall competitiveness of the industry, including the smallholders’ sector. This implies that the Malaysian government may want to introduce certain measures, such as energy taxes to promote the use of renewable energy. This may lead to more sustainable palm oil production which may improve the overall competitiveness of the palm oil downstream industry.
This paper explores the usage of drones in the Malaysian healthcare supply chain (HSC) and proposes strategies by identifying the challenges faced. A detailed literature review found several challenges, such as limited technical capability, strict government regulation, the need for a 5G network, and limited drone capabilities. Hence, some of the identified mitigation strategies are investment in tertiary education, government legislation improvement, expedited 5G network adoption, collaboration with NGOs, and providing drones with multi-functionality. This study contributes to the knowledge relevant to drone technology and the HSC. Future studies should investigate the practicability of drones that can support HSC management.
The examination of the nexus between Financial Development (FD), Technological Advancement (TA), Human Capital (HC), andPrivate Consumption (PC) to Economic Growth (EG) has gained substantial attention in both empirical and theoretical academia sincethe early nineteenth century. Scholars affirm that FD, HC, PC, and TA are crucial factors in determining optimal resource allocationand efficient utilization required to achieve sustainable EG. This study investigates the nexus of FD, HC, and PC with EG in Asiancountries, with TA serving as the moderator. Data from 35 countries were collected annually over 15 years, spanning from 2005 to 2019. Using short panel data analysis, due to the higher number of crosssections (35) compared to time intervals (15), the findings confirm TA’s significant moderator effect in both short and long-run time scenarios. Additionally, a significant negative relationship with EG is observed for FD and PC, while TA and HC are identified as promoters of EG. The study underscores the importance of investing in TA while concurrently developing the quality of the labor force. Policymakers are encouraged to prioritize technology development and the introduction of innovative techniques. However, caution is advised in FD projects, necessitating strategies to reduce domestic private consumption.
Objective - COVID-19 is the worst in the history of pandemics. Small business survival has been jeopardized in this challenging situation, although entrepreneurs desire to strategize their plans to sustain their business. Other than strategies, psychological characteristics were found to be significant factors for sustaining business among entrepreneurs. Research on the psychological characteristics of entrepreneurs has long been conducted. However, the information is scarce in terms of the main psychological characteristics of entrepreneurs, especially during the COVID-19 pandemic. Therefore, this study explores the Bumiputera women entrepreneurs' psychological characteristics that enable the business's survival. Methodology/Technique – Using purposive sampling, a semi-structured interview was conducted with Bumiputera women entrepreneurs in the food business located in Penang. Out of 60, only 17 agreed to participate. Finding – The result of the thematic analysis revealed that self-confidence, creativity, and proactivity were identified as the primary key to sustaining their business. Surprisingly, the entrepreneur's creativity highlighted a new shed to hybrid Malay and Japanese cuisine to produce lemang sushi. Additionally, the study's findings have few consequences for entrepreneurs, societies, and the government. Although the pandemic has had a disastrous effect on health and lifestyle activities, there is always a spark of hope for introducing considerable ways to fulfill entrepreneurial desires and serve the community. Novelty – As a result, entrepreneurs are incentivized to boost the economy as a person in society by delivering sustainable services to the community. Type of Paper: Empirical JEL Classification: Q01, Q18, Q19. Keywords: Bumiputera; Women, Entrepreneur; Psychological characteristics; Proactive and Creative Reference to this paper should be referred to as follows: Din, N; Tahir, M.S; Othman, N; Joremi, L. (2022). Personality traits of women entrepreneurs for sustainable food businesses, GATR-Global J. Bus. Soc. Sci. Review, 10(3), 121–131. https://doi.org/10.35609/gjbssr.2022.10.3(2)
This paper aims to discover the effect of lean principles and practices (LPP) on the operational excellence of the Malaysian automotive industry. A quantitative research approach was adopted focusing on 112 designated managerial-level respondents who were experts in the automotive industry. This study provides future researchers with easy access to information on the need for LPP implementation in the automobile industry toward revolutionizing operational excellence. The authors foresee this study to have a significant effect on practitioners, particularly automobile manufacturers and other key stakeholders, about the possible benefits of LPP implementation across the automotive industry, notably in emerging market economies.
This study aims to assess the impact of domestic consumption and renewable energy on environmental pollutants, with national income (GDP) included as a control variable. Employing the auto-regressive distributed lag (ARDL) econometric technique, the analysis spans time series data from 1990 to 2020. The bound F-test and Johansen cointegration tests validate that domestic consumption substantially contributes to environmental pollution. By addressing existing gaps in knowledge, this research provides valuable insights for shaping sustainable energy policies tailored to the unique circumstances of Malaysia.
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