Economic Systems

9 results
Banks’ Risk-taking and State Ownership: Evidence from Asian Emerging Markets

Ai-Xin Lee · Chee-Wooi Hooy ·Malaysian Journal of Economic Studies ·2020 ·JEL: G21, G28, G32

This paper examines the relationship between state ownership and banks’ risk-taking in nine Asian emerging markets for the period 2009 to 2017. The finding shows that state-owned banks are associated with higher risk-taking in terms of cred...

The Influence of Power and Trust on Tax Compliance Motivation in Malaysia

Siti Fatimah Abdul Rashid · Rosiati Ramli · Mohd Rizal Palil · Amizawati Mohd Amir ·International Journal of Economics and Management ·2021 ·JEL: H24, H26, H31

Previous studies showed mixed findings regarding the relationship between the different types of power and tax compliance motivations. Besides, past studies that applied the slippery slope framework and the extended version had neglecting r...

Corporate Sustainability and Firms' Financial Performance: Evidence from Malaysian and Indonesian Public Listed Companies

Norashikin Ismail · Nadia Anridho · Mohamad Azwan Md Isa · Nor Hadaliza Abd Rahman · Noriah Ismail ·International Journal of Economics and Management ·2022 ·JEL: O16, L25

The aim of study is to examine the impact of corporate sustainability (ESG) on the financial performance for Malaysia and Indonesia. A sample was selected comprising of 36 companies listed in Bursa Malaysia and 24 companies listed in Indone...

Weak Interlinkages Between SMEs and Non-SMEs in Malaysia and Thailand: What Do We Know So Far?

Chakrin Utit · Mohd Alzaiery Abdul · M. Yusof Saari ·International Journal of Economics and Management ·2022 ·JEL: C67, D57, L11

Small and medium enterprises (SMEs) are undeniably the backbone of many developing economies, considering their sizeable share of business establishments and contribution to employment creation. Nevertheless, they have fallen short of polic...

Were Foreign Exchange Markets Reacting Negatively to Political Events? The Case of Malaysia

Hon Chung Hui ·South Asian Journal of Macroeconomics and Public Finance ·2021 ·JEL: F31, D72, D73, O38

This article explores the effects of political events on foreign exchange returns in Malaysia. We identify five political events in recent history, namely the 13th General Election (GE13), the imprisonment of a key opposition politician, th...

The political economy of moving up in global value chains: How Malaysia added value to its natural resources through industrial policy

Amir Lebdioui ·Review of International Political Economy ·2022 ·JEL: B5; L7; O11; O13; O14; O53; Q17

This article investigates the role of industrial policy in promoting upgrading in commodity sectors by examining the case of the petroleum, rubber, and palm oil industries in Malaysia. By doing so, it aims to contribute to an emerging schol...

Variegated National Retail Markets: Negotiating Transformation through Regulation in Malaysia and Thailand

Alexandra Dales · Neil M. Coe · Martin Hess ·Economic Geography ·2019

The last two decades have seen a major wave of retail globalization that has driven the transformation of retail markets in the emerging economies of Southeast Asia and beyond. This article provides a systematic analysis of the divergent pa...

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