Nurazilah Zaina · Fakarudin Kamarudin · Law Siong Hook · Mohammed Hariri Bakri · Fadzlan Sufian · Annuar Md Nassir ·Malaysian Journal of Economic Studies ·2020 ·JEL: G01, G21, G28
This study delivers new empirical evidence on the impact of banking regulations on the levels of social and financial efficiency of microfinance institutions (MFIs) between the years 2012 to 2018. The sample consisted of data from 172 MFIs...
Gani Ibrahim Musa · Zakaria Bahari · Azreen Hamiza Abdul Aziz ·Jurnal Ekonomi Malaysia ·2020
The primary purpose of the financial sector of an economy is financial intermediation. Financial intermediation activities of channelling funds from surplus to the deficit units in the economy including through capital market affect the eco...
Lian Kee Phua · Char-Lee Lok · Yong Xia Chua · Tan-Chin Lim ·Malaysian Journal of Economic Studies ·2021 ·JEL: G32, M41
In the face of crises such as Covid-19, businesses become devastated by greater risk exposure, particularly in currency exchange, supply chain disruption, and fluctuation in commodity prices that cause volatile earnings trends. Higher earni...
Kelvin Lee Yong Ming · Mohamad Jais ·Jurnal Ekonomi Malaysia ·2021 ·JEL: G17, G23, I20
The COVID-19 outbreak significantly impacted the Malaysian stock market. To some extent, the Movement Control Order (MCO) implemented in the country affected the financial performance of listed companies. In consequence investors were quite...
Nik Hadiyan Nik Azman · Mohd Zaidi Md Zabri · Ema Izati Zull Kepili ·Jurnal Ekonomi Malaysia ·2021 ·JEL: A1, G0, G5, I3, O1, R2
Islamic microfinance is expanding and penetrating its potential market over the globe. Access to credit or financing, especially during the COVID-19 pandemic, is vital for micro-entrepreneurs in climbing the socio-economic ladder that will...
Catherine S F Ho · Nur Hazimah Amran · Irfan Syarafuddin B Ab Aziz · Wahida Ahmad ·International Journal of Economics and Management ·2021 ·JEL: G11, G12, G15, G23
Financial crises and the geopolitical issues around the world have caused much volatility in returns and market uncertainty. This trend of higher uncertainty in risk and return causes vast changes in stock and investment values, which cause...
M.S.M Khair-Afham · Anitha Rosland ·International Journal of Economics and Management ·2022 ·JEL: E44, E51
This study has examined the impacts of credit supply shocks and other common economic shocks (aggregate demand & supply and monetary shocks) on Malaysia's macroeconomic variables, using the Bayesian structural vector autoregressive (SVAR) m...
Chin Chun How · Wong Hock Tsen ·Jurnal Ekonomi Malaysia ·2019
This study investigated the presence of abnormal returns surrounding stock split announcements and the determinants of cumulative abnormal return and the split factor. This study utilized the fnancial data of 45 corporations that had exerci...
Ali Albada · Nurhuda Nizar ·International Journal of Economics and Management ·2022 ·JEL: G1, G4
COVID-19 is a highly contagious viral infection that has changed the world, with many human lives being lost. This study aimed to analyse investors' sentiment and stock market behaviour in Malaysia during the COVID-19 pandemic. Stock market...
Izaan Jamil · Mori Kogid · Thien Sang Lim · Jaratin Lily ·Economies ·2022
This paper investigates the impact of soybean and crude oil futures on palm oil indexes by utilising monthly data from three palm oil indexes listed in Bursa Malaysia, i.e., the Asian palm index, Malaysian palm index, and Plantation index,...
Rahmat Heru Setianto · Rani Septiani Sipayung · W.N.W. Azman-Saini ·Entrepreneurial Business and Economics Review ·2022
The objective of the article is to empirically investigates the role played by financial development in determining the relationship between working capital financing and firms’ performance. Employing data of publicly listed manufacturing f...
Neshaleni S. Paramanantham · Irene Wei Kiong Ting · Qian Long Kweh ·Institutions and Economies ·2018 ·JEL: G31; G32; G34
This study examines the impact of ownership concentration on debt structure. Based on marketcapitalisation, we obtained financial and governance data from Top 100 public listed companies in Malaysia for the period 2011-2015. Ordinary least...
Kian-Tek Lee · Chee-Wooi Hooy ·Malaysian Journal of Economic Studies ·2018
This paper examines the mitigation effect of the ultimate ownership identity on the diversification discount under the emerging market's institutional setting. Using a sample of non-financial listed firms in Malaysia from 2002 to 2013, the...
Peter Rosenkranz · Monica Melchor ·Economic Analysis and Policy ·2022
Past crisis episodes have illustrated the interplay of macroeconomic and financial conditions, including the presence of harmful macrofinancial feedback effects. Meanwhile, financial markets have become increasingly connected and economic a...
Han Hwa Goh · Lee Lee Chong · Ming Ming Lai ·Malaysian Journal of Economic Studies ·2018
This paper examines the nonlinear effects of investor sentiment on asset pricing in Bursa Malaysia. The Fama and French three-factor model is re-augmented within a time-varying Markov regime-switching framework to investigate the three risk...