Business Practices in Malaysia SMEs offers a fresh insight into the business practices that occurred as well as lacking in local small and medium-sized enterprises. The seven chapters in this volume, originally presented as paper at national and international conferences focus on various aspects of important business practices in Malaysian small business. More importantly, Business Practices in Malaysia SMEs shares its understanding of how small business in Malaysia are being managed. Primarily based on recent empirical studies, this insightful contribution will serve as an invaluable information resource as well as will appeal to those who wish to seek a better understanding of small business management practices in the local context.
The main objective of this book is to facilitate the students to understand the underlying regulatory process of financial accounting reporting, companies’ manager behaviour when preparing their financial reports, corporate governance and theories applicable to accounting practice explaining the circumstances given in the current phenomenon. The content of this book provides a useful insight to it readers about the development of accounting system in Malaysia, the conceptual framework that underpinned accounting practice particularly the regulatory and professional bodies, the general theories underlying the current practice of accounting reporting, standards and practice, and contemporary issues in financial accounting reporting such as measurements, sustainability reporting and digitisation reporting.
Agenda for Sustaining Small and Medium-Sized Enterprises is the tenth volume of articles compiled into a book. The book represents another attempt made to address issues of importance to the management and development of small and medium-sized enterprises (SMEs). More specifically, this particular volume focuses on the sustainability of SMEs. Just as in the earlier ninth volumes, the eight articles introduced in this tenth volume are earlier papers presented at several international conferences which were held locally and abroad. Interestingly, each of the eight articles in the book attempts to deal with a specific issue that is relevant and related to the sustainability of SMEs. Taken together, the book not only helps readers to better understand SMEs but also explains the different issues involved in sustaining a small business. More meaningfully, the articles in the book seek to provide students, owners and managers of SMEs and policy makers useful insights into the scope and complexity of sustaining the business activities of SMEs
All organizations need to have an efficient and effective supply chain. The interconnected, interrelated and interlinked networks in today’s global business have pushed organizations to put greater emphasis on the supply chain to gain higher positive impact on their business bottom line. On the other hand, supply chain may also result in negative impact to the world due to the irresponsible business organizations. Despite the financial gain of the business, the environment and the society have to pay for the price of irresponsible actions of these organizations. As a result, the concept of Green Supply Chain has emerged to be as a solution to various societal and environmental problems. The aim is to achieve more sustainable development in doing a business. Sustainable Development Goal (SDG) is the key and the climate change is the central issue to address today. This book discusses the importance of green supply chain to organizations and offers various suggestions to be green to the environment and society. The content is divided into 3 main parts: (1) Overview of the green supply chain management, (2) Green Strategy and Operations, and (3) Green Cycle. It is hoped that the book be useful to all particularly to organizations as well as researchers in practicing and researching on a supply chain agenda. Ultimate aim is for us to be responsive and responsible in providing product and services to our customer, society and environment.
This book is organized to make it easier for students to understand its contents, which is based on nearly 20 years of teaching experience in economics. It is presented in a simple and yet in-depth format to benefit readers, especially students studying, Principles of Economics. The book provides appropriate examples in understanding issues and questions on economic studies. There are also discussion questions to reinforce the reader’s understanding.
This book highlights the issues and challenges faced by youth in nurturing their entrepreneurial mind-set to start-up and sustain a business. Specifically, the Talent Development for Youth Entrepreneurship book captures views on the issues of entrepreneurial engagement among youth in Malaysia, social and cultural attitude towards youth entrepreneurship, entrepreneurship education programme, business support, including physical infrastructure, regulatory framework conditions, access to finance or to start-up financing and skills mismatch faced by entrepreneurs.
This case book contains a compilation of five cases on business and management in Malaysia. The first case describes the philanthropic practices of a construction company owner, Epic Valley Holdings Sdn. Bhd. through his corporate social responsibility (CSR) activities. The second case demonstrates risk management practices for dengue of a small health care department of a higher learning institution. The third case concerns strategic decision-making based on financial information in an information, communications and technology (ICT) company. It illustrates the process of the company going public, the important things to consider during the process and challenges faced in the process before being listed. The fourth case is on credit risk management practices in a public listed bank in Malaysia. Specifically, this case delves into the risks involved in managing a consumer financing business. Finally, the fifth case highlights the use of equity valuation models in evaluating the equity value of Nestlè Malaysia Berhad for share purchase decision-making based on information provided in its annual reports.
Women in 4IR Gender Inclusivity in Malaysia delves into three key themes revolving around the role of women in the context of the Fourth Industrial Revolution (4IR). Firstly, it explores the multifaceted dimensions of women’s leadership, offering a holistic perspective. Secondly, it explores the realms of gender equality and equity within decision-making and national policy making processes. Thirdly, it examines women’s health and their involvement in the world of business and the economy. In many ways, the 4IR and the Sustainable Development Goals (SDGs) exert a profound influence on the lives of women and girls. The COVID-19 pandemic has accelerated inclusivity through the utilization of technology. However, the unprecedented digital transformation also introduces new challenges for women and girls, who encounter a diverse array of difficulties in engaging with the digital economy across different geographical contexts. Thus, their active participation in the economy and leadership roles, along with their health and well-being warrant comprehensive attention. Empowering them is imperative in strengthening the ecosystem and dismantling gender barriers to accelerate the their progress in shaping the futures. As the country rides the waves of 4IR, it is incumbent upon the nation to seize the opportunity to foster greater workplace diversity and nurture a profoundly inclusive digital society. The book is research-oriented and highlights a wide spectrum of issues related to women in general. It aims to ignite dialogue on achieving equality in opportunity regardless of gender, recognizing technology as the medium that can bridge economic disparities and digital divide, which are the imperatives of gender inclusivity.
The challenges in the business world never stop escalating as today’s customer are more difficult to satisfy, company’s products are easily copied, and technology is changing rapidly. Outsourcing is becoming more popular in today’s business as companies have limited resource to become the best in every business process. However, not all outsourcing are successful. The initial intention to save costs may result in increasing of costs if outsourcing activities are not extensively planned. The intention of this monograph is simple as the writers intend to introduce a good practice of relational-oriented exchange that will lead to better outsourcing performance. It is hope to address issues surrounding customer demand and market competition which is found to affect the relational-oriented exchange and outsourcing success.
