Hway_Boon Ong

Multimedia University | mmu · Faculty of Management

Recent studies reasoned that digitalising business processes support financial inclusion, resulting in greater economic activities and growth. Digital financial inclusion is argued to be accessible to some privileged and digitally savvy individuals. However, digitalised financial services do not always guarantee financial inclusion. This study exam...

Skill drain is a loss of human capital, investment in education and training. This study examines if motivated, skilled workers at the firm level can retain skilled workers and mitigate the loss of human capital. A survey was conducted in Iskandar city to gather skilled workers’ feedback on their current working conditions in Malaysia. Completed re...

The outbreak of the covid-19 pandemic had forced economies to implement movement restrictions that resulted in income shock to households. This study aims to gauge the impact of income shock due to movement control order (MCO). This study examined the factors that affect Malaysian household financial self-efficacy due to movement restrictions. A su...

The capability of the bonds market to channel savings to investors plays a significant role in promoting aggregate output. However, some recent studies argue that the connection between bond market development and economic activities is uncertain. The purpose of this study is to examine how the bonds market in Malaysia may affect its aggregate outp...

The world’s population is ageing. The problems with an ageing population are a decline in savings and uncertainty of the effect of ageing on savings over time. This paper examines the impact of the growth of the population aged 65 and above on savings in ASEAN-5. The annual gross savings and the growth of the population aged 65 and above are re...

Purpose By 2040, 14.5% of Malaysia’s population will consist of those aged 65 years and above. The purpose of this paper is to examine the time-varying impact of an ageing population on the economy of Malaysia. Design/methodology/approach The relationship between the ageing population and economic performance was examined from the period 1971–2019...

Some of the problems of cash transactions were the inconvenience of handling cash and the limited availability of banking services to facilitate cash withdrawals. The purpose of this paper is to examine the impact of cashless payments on the usage of the internet and mobile banking services in twofolds. First, the Wald test was applied to determine...

The COVID-19 pandemic has adversely affected households’ lives in terms of social and economic factors across the world. The Malaysian government has devised a number of stimulus packages to combat the pandemic’s effects. Stimulus packages would be insufficient to alleviate household financial burdens if they did not target those most affected by l...

Background : The Malaysian government reacted to the pandemic’s economic effect with the Prihatin Rakyat Economic Stimulus Package (ESP) to cushion the novel coronavirus 2019 (COVID-19) impact on households. The ESP consists of cash assistance, utility discount, moratorium, Employee Provident Fund (EPF) cash withdrawals, credit guarantee scheme and...

Background : The Malaysian government reacted to the pandemic’s economic effect with the Prihatin Rakyat Economic Stimulus Package (ESP) to cushion the novel coronavirus 2019 (COVID-19) impact on households. The ESP consists of cash assistance, utility discount, moratorium, Employee Provident Fund (EPF) cash withdrawals, credit guarantee scheme and...

Purpose This study aims to investigate the influence of various risk factors, specifically investment risk, legal risk and technology risk, on the decision of investors to invest in equity crowdfunding ventures in Malaysia. Design/methodology/approach A total of 169 valid responses out of a total of 195 questionnaires were distributed to individu...

This study investigates the various motivations to equity crowdfunding in Malaysia. A total of 169 responses from survey questionnaires are used to test the relationships using Structural Equation Modelling-Partial Least Squares. Investigation into the influence of both intrinsic and extrinsic motivators on the willingness to support equity crowdfu...

Mobile financial services have been adopted rapidly during the digitisation era. This study therefore aims to investigate the antecedents of mobile stock trading adoption among young investors. Using the structural equation modelling technique, this study develops an integrated theoretical framework from both the Technology Acceptance Model and The...

This study aims to explore the potential mediating effect of risk perception between environmental consciousness, social trust and environmental knowledge to climate change mitigation behaviors and community green activity participation. The data were gathered from various categories of age strata in Klang Valley, Malaysia, from which 210 responden...

Purpose The purpose of this paper is to study how the foreign currency account (FCA) is affected by the domestic fixed deposit (FD) rate, the FCA rate, the expected exchange rate and exchange rate risk. Design/methodology/approach This paper analyses the causal relationship between the domestic FD rate, the FCA rate, the expected exchange rate o...

Purpose This paper aims to examine how board composition, political connections and sustainability practices affect risk-taking and performance of firms. Design/methodology/approach This paper used secondary data and regression technique to analyse the relationship. A sample consisting of 290 firm-year observations was applied in the analysis....

Purpose This study examines how urban dwellers engage on an environmentally friendly lifestyle. A survey was conducted in the Klang Valley, Malaysia, to establish the sustainable lifestyle intentions of urban dwellers. Design/methodology/approach A survey was conducted to establish the sustainable lifestyle intentions of urban dwellers of the Kl...

This study estimates if Malaysian finance professionals’ investment characteristics and stock characteristics’ preferences affect their portfolio diversification, and whether the effects of these predictors vary across professionals’ gender, income and experience. Employing a survey and ordinal regression models, the findings demonstrate that inves...

Background This study examines the effect of adopting cashless payment in five European Union (EU) countries, namely, Austria, Belgium, France, Germany, and Portugal, for the period of 2000-2012. Methods The within and between effect of adopting cheque payment, telegraphic transfer, card payment and electronic money on these EU’s economy are examin...

This study examines how knowledge workers could be retained to meet the demand of the local industry. A survey was carried in Iskandar Malaysia to gauge the knowledge workforce's views on what motivated them to continue working in Malaysia. A seven Likert-scale questionnaire was distributed to workers that had at least a first degree or higher dipl...

The purpose of this study is to examine the determinant factors and acceptance of Information Technology in the Malaysian banking industry. The Technology Acceptance Model (TAM) was employed to study the perceived usefulness, perceived ease of use, social pressure, perceived enjoyment and fun, as well as the perceived complexity of IT usage and acc...

This study evaluates the effects of financial development factors and other important factors based on Solow's model over the economic growth in the Gulf Cooperation Council (GCC) countries. The panel data from 1986-2009 is used in this research. For analyzing the data, pooled OLS model, random effect model and fixed effect model are used by using...

Purpose – The purpose of this paper to examine if there is continuous macroeconomic compatibility between ASEAN‐5 and China. Thus, in addition to the typical VECM test of the long run macroeconomic cointegration test, this paper examines the existence of an ongoing cointegration analysis. Design/methodology/approach – The degree of convergence dur...

This study is conducted to examine the perception and awareness of intellectual property rights (IPR) among university students. A survey was conducted to illicit information about IPR from two private universities’ students in Malaysia. It was discovered that university students perceived plagiarism and piracy as infringement of IPR. Therefore, pr...

Supplier development involves efforts undertaken by manufacturing firms to improve their suppliers' capabilities and performance. These improvement efforts can be targeted at a variety of areas such as quality management, product development, and cost reduction. The purpose of this paper is to review of previous literature relating to supplier deve...

Knowledge sharing can enhance learning and help to build the knowledge workforce. This paper reports on a study of knowledge sharing behaviour among undergraduate students in Malaysia. Knowledge sharing was found to be influenced by the mechanisms used, various barriers to communication and the motivations behind knowledge sharing. The mechanisms i...

Fraud is an important issue in many countries such as in the United States, United Kingdom, including of Malaysia. Malaysian Approved Auditing Standards, AI 240 "Fraud and Error" was established to provide guidance on the auditor's responsibility to consider fraud and error during the audit of financial statements. The auditors are required to appr...

The purpose of this study is to examine the determinant factors and acceptance of Information Technology in the Malaysian banking industry. The Technology Acceptance Model (TAM) was employed to study the perceived usefulness, perceived ease of use, social pressure, perceived enjoyment and fun, as well as the perceived complexity of IT usage and acc...

: The effect of real exchange rate on trade flow enables effective planning and management of exchange rate risk. This paper seeks to examine the impact of real exchange rate volatility, Real Gross Domestic Product (RGDP) and Bilateral Real Exchange Rates (BRER) on Thailand’s exports to its two major trading partners, Japan and the US. It is reveal...

This study provides evidence of ongoing real macroeconomic convergence of the founding members of ASEAN namely, Indonesia, Malaysia, the Philippines, Singapore and Thailand. Firstly, the long run macroeconomic relationship of ASEAN-5 is measured by their respective real gross domestic product. Secondly, the ongoing convergence of ASEAN-5 is examine...

Quality education program is always expected in order to produce competent and knowledgeable graduate to meet the demand from the employers` market. Despite the popularized of online education, in-class education programs are still remained as the core of the mode of education in present days. This study focuses on the learning outcome of innovativ...

In this study, an attempt is made to investigate whether particular attitudinal variables such as attitudes towards technology, change, computers; knowledge about methods of accessing money, security, reliability and confidence affect the current usage levels of financial distribution channels. The surveyed sample comprised 1000 customers in the Ki...

The purpose of the present study is to investigate the informationally efficient market hypothesis of the bank stock prices listed at the KLSE with respect to bank's operating efficiency. In this study, using data envelopment analysis technique, we compute the overall technical efficiency and decomposed it into pure technical efficiency, scale effi...

This study provides international evidence on integration and price convergence in five ASEAN economies using Johansen and Juselius (1990) multivariate cointegration tests, followed by Granger causality within the Vector Error-Correction Model (VECM), and variance decomposition analysis. The results suggest that there is a stable long run equilibri...

Given the inter-country linkages arising from technological advances in communication and transportation, this paper examines the interdependent relationships between the output of the world’s largest economy, the US, and those of five other ASEAN countries, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. Based on results of the a...

The process customers go through in choosing a bank has been studied for several decades using different approaches. Understanding the needs and analyzing how the customers select their banks are crucial steps towards the improvement of customer satisfaction. In this study, an attempt is made to identify the determinants of bank selection and custo...

One of the most significant implications of technological advances in the banking sector is the possibility of delivering banking services through electronic channels (e-channels). E-channels provide alternatives for faster delivery of banking services to a wider scope of customers. Nowadays, e-channels have gained increasing popularity in deliveri...

Banks are important sources of external credit but they are reluctant to lend to small and medium enterprises (SMEs) due to the high credit risk involved. Therefore, Credit Guarantee Corporation (Malaysia) Limited (CGC) was set up to assist SMEs to secure loans from financial institutions in Malaysia. Being the sole issuer of credit guarantees to S...

A harmonised or converged group of economies would ensure meaningful economic collaboration within that group. This study evaluates if ASEAN-5, namely, Indonesia, Malaysia, the Philippines, Singapore and Thailand is converging in time. The long run macroeconomic relationship of ASEAN-5 is measured by their respective real gross domestic product. Su...