scholarly journals THE FINANCIAL MANAGEMENT PRACTICE OF MOSQUE: STUDY CASE IN MALAYSIA

2019 ◽  
Vol 16 (1) ◽  
pp. 108-121
Author(s):  
Nining Nining Islamiyah ◽  
Keyword(s):  
Data Collection ◽  
Performance Assessment ◽  
Financial Management ◽  
Management Practices ◽  
Management Practice ◽  
Assessment And Evaluation ◽  
Study Case

This study aims to explain the financial management practices of the mosque. Specifically, the focus of this study is to explore and investigate how financial management practices in the mosque. A case study of one Malaysian mosque is undertaken. To achieve the objective of this study, the researcher used vari­ous techniques of data collection, including interviews, observations, and reviews of the documents. The findings reveal that the SHAS mosque has four mechanisms to manage financial management practices. The tools are performance assessment and evaluation, participation, regulation, and social auditing. This study concludes that financial management practices are a necessary process to support the accounta­bility of the mosque. Especially, secondary accountability relates to the responsibility of mosque managers toward capital providers of the mosque. The results of this study give some implications for the improvement of financial management practices, particularly in the mosque.

Examining Financial Controls Practices Among Religious Non-Profit Organisations: A Case Study of Malaysia

2021 ◽  
Vol 8 (2) ◽  
Author(s):  
Rozaidy Mahadi ◽  
Noor Kaziemah Sariman ◽  
Andy Lee Chen Hiung
Keyword(s):  
Financial Management ◽  
Management Practices ◽  
Financial Control ◽  
Non Profit ◽  
Control Framework ◽  
Financial Governance ◽  
Financial Scandals ◽  
Government Organisation ◽  
Financial Misconduct

There have been many financial scandals associated with religious-based non-profit organisations (RNPOs), their involvement in unethical and wrongdoing has pressured non-profit organisations, especially religious-based NPOs (RNPOs) to start adopting highly transparent and accountable financial management practices. Despite many efforts to improve the RNPOs’ service quality, their integrity has been tinted with many scandalous incidents of funds embezzlement and corruption. Poor financial accountability and lack of legal requirements are argued to be the underpinning reasons for such financial atrocities occurring. With the absence of sound financial governance and comprehensive financial regulations, it has been impaired the government’s ability to detect, prevent and correct RNPOs’ financial misconduct. To prevent financial misconduct from repeatedly occurring, having cogent financial control practices will ensure the RNPOs upholding their accountability duties to the clients they have served. Therefore, the objective of this paper is to examine Malaysian RNPOs financial controls practices. In doing so, various religious-based NGOs’ (i.e. Islam, Buddha, and Christian) representatives were interviewed, analysed, and appraised with Simon’s (1994) control framework. The findings indicate that the RNPOs financial control practices are mediated by the virtue of the religions that they have adopted, the RNPOs’ affiliation (i.e. local-based, foreign-based, and/or semi-government organisation), and the level of sponsorships and grants they have received.

scholarly journals WAQF ACCOUNTABILITY FROM THE STAKEHOLDER SALIENCE THEORY: A CASE STUDY

2016 ◽  
Vol 2 (1) ◽  
pp. 1-40 ◽  
Author(s):  
Hidayatul Ihsan ◽  
Maliah Sulaiman ◽  
Norhayati Mohd Alwi ◽  
Muhammad Akhyar Adnan
Keyword(s):  
Data Collection ◽  
Performance Assessment ◽  
Self Regulation ◽  
Stakeholder Salience ◽  
Structured Interviews ◽  
Multiple Stakeholders ◽  
Interpretive Case Study ◽  
Stakeholder Salience Theory

This study aims to address the issue of accountability in a waqf institution. Specifically, the focus of this study is to shed more light on how the mutawalli (waqf trustee) discharges accountability in managing waqf. In so doing, an interpretive case study in one Indonesian waqf institution, that is, Dompet Dhuafa (DD), was undertaken. The data were obtained through semi-structured interviews. Other sources of data collection techniques employed along with the interviews include observations and document reviews.  Furthermore, this study uses the accountability mechanisms as the conceptual lens. The accountability mechanisms consist of disclosure statements and reports, performance assessment, participation, self-regulation and social auditing. In addition to the accountability mechanims, the stakeholder salience theory is also used to understand how the mutawalli shows accountability to multiple stakeholders. The findings of this study reveal that although DD recognizes the salient nature of its stakeholders, it does not prevent the mutawalli from showing accountability to all stakeholders. The mutawalli is of the view that accountability is not limited to accounting and reporting. Moreover, the mutawalli believes that showing accountability to different groups of stakeholder requires different mechanisms of accountability. As such, this study concludes that DD’s commitment to accountability is proven through its effort to deal with stakeholder salience. Keywords:  Waqf, accountability, accountability mechanisms, stakeholder salienceJEL Classification: L31, M49, N35

scholarly journals The Influence of Risk Management on Construction Project Performance: A Case Study.

2018 ◽  
pp. 936-942
Author(s):  
Mazurina Mohd Ali ◽  
Sakinah Zahra Norman ◽  
Erlane K. Ghani ◽  
Noor Hasniza Haron
Keyword(s):  
Risk Management ◽  
Construction Projects ◽  
Management Practices ◽  
Management Practice ◽  
Methodological Approach ◽  
Construction Project ◽  
Project Performance ◽  
Time Cost ◽  
Schedule Delay

Risk Management is recognized as an important exercise that creates value to a project and improves project performance. Time, cost and quality are the primary measures of a project performance in this industry. The success or failure in any construction project can be monitored through the attainment of these primary measures. Notably, Malaysian construction industry is considered as one of the important industries that positively contribute to the increase of Gross Domestic Product and subsequently the growth of the country’s economic development. Unfortunately, this industry suffers poor performance in which it leads to failure in accomplishing effective time, cost and quality performance. Most construction projects face a schedule delay, cost overrun and are poor in product quality. Thus, the aim of this study is to determine the influence of risk management on construction project performance of Malaysian companies based on these three primary measures. The degree of diffusion of risk management practice in the chosen construction project in Malaysia is also examined. The methodological approach exploited in this study is a case study approach involving analysis of documented data and face-to-face interviews with key players that hold different roles and responsibilities. They include a director, project managers, finance managers, contract managers and quantity surveyor managers. The results demonstrate that adopting effective risk management practices positively impacts project performance thus leading to project success. Nevertheless, the lack of knowledge and poor communication of risk management practices in construction projects contribute to the weak implementation of an effective and systematic risk management practices in Malaysia.

scholarly journals Indonesian School Management Overseas (Case Study in Indonesia Kuala Lumpur School)

2020 ◽  
Vol 2 (8) ◽  
Author(s):  
Matin Matin ◽  
Sugiarto Sugiarto ◽  
Leni Pujiastuti
Keyword(s):  
Data Collection ◽  
Financial Management ◽  
Professional Competence ◽  
Educational Background ◽  
Curriculum Management ◽  
Kuala Lumpur ◽  
Research Subjects ◽  
Student Management ◽  
Management Students

The purpose of this study is to describe and analyze the implementation of the management of the Kuala Lumpur Indonesian School in detail and thoroughly from the research subjects on the background of the study with existing characteristics. The case in this study is the application of management in the field of education which includes curriculum management, student management (students), personnel/member management, management of educational facilities and infrastructure, financial management, management of school relations with the community, and management of special services. This research uses a phenomenological qualitative approach with a case study design at the Kuala Lumpur Indonesia School located at No. 1, Lorong Tun Ismail, Kuala Lumpur, Malaysia, which consists of elementary, junior high, and high school. Data collection techniques are through observation, interviews, and documentation. Data collection techniques with triangulation, data analysis is inductive, and the results of qualitative research emphasize meaning rather than generalization. Based on the analysis of the data it was found that the supporting factors were that the Kuala Lumpur Indonesian School was already running and giving a good role in the implementation of the cultural diplomacy function in Malaysia and the School Financial Management was running well. When teachers whose contracts have expired and must return to Indonesia while substitute teachers have not yet arrived. In student management there is a problem of residence visas, teaching teachers not in accordance with the educational background result in professional competence.

Issue of Financial Management Practices among SMMEs: A Case Study of Former Transkei Homelands in Eastern Cape Province South Africa

10.31355/70 ◽  
2020 ◽  
Vol 4 ◽  
pp. 001-007
Keyword(s):  
South Africa ◽  
Financial Management ◽  
Financial Stability ◽  
Management Practices ◽  
Future Research ◽  
First Year ◽  
Eastern Cape Province ◽  
Eastern Cape ◽  
Management Skills

NOTE: THIS ARTICLE WAS PUBLISHED WITH THE INFORMING SCIENCE INSTITUTE. Aim/Purpose...................................................................................................................................................................................................... The goal of this study was to investigate the financial management practices of SMMEs operating in under developed regions as a challenge facing SMMEs operating in underdeveloped regions using former Transkei Homelands in Eastern Cape Province as a case study. Background......................................................................................................................................................................................................... In South Africa, the works of Cameron and Miller (2008) highlights that South Africa is ranked among top countries in the world with high failure rates of SMMEs during the first year of establishment. This calls for continues research works to identify factors that could be impeding the progress of SMMEs in South Africa. According to Jayansankaran, (1999) proper financial management practices are among the key deciding factors when it comes to the survival of SMMEs. Mostly SMMEs in underdeveloped regions are owned and managed by one person, the lack of financial management competence on the side of the SMMEs owners or managers in turn could bring serious consequences to the financial stability and grow of the SMMEs. It is against this background that this study focuses on financial management practices among SMMEs entrepreneurs operating their businesses in former Transkei Homelands where survival of SMMEs are critical for economic development of the region. Methodology....................................................................................................................................................................................................... The researcher in this study uses both quantitative and purposive sampling approaches to design an exploratory study to sample 68 SMMEs owners/managers based in the various towns of the selected region. Contribution........................................................................................................................................................................................................ This research will add to the growing knowledge about identifying factors that may be impeding survival of SMMEs. Findings .............................................................................................................................................................................................................. The major findings of the study revealed that 95.59% of the owners/managers have no financial management/accounting skills as well as 58.82% of the internal system of recording financial transactions are not audited. Recommendations for Practitioners................................................................................................................................................................. In view of the findings it is recommended that agencies charged with looking after SMMEs provide training in the area of financial management skills for the SMMEs owners/managers. Recommendation for Researchers.................................................................................................................................................................... Future studies can include the other four principles of financial management principles highlighted by Armstrong (2001). Impact on Society............................................................................................................................................................................................... The research will assist to highlight to funders of SMMEs, policy makers and business support agencies the need for educating SMMEs entrepreneurs especially those operating their businesses in underdeveloped regions in proper financial management practices in order to curve the problem of cash flow faced by SMMEs which leads to SMMEs failure. Future Research................................................................................................................................................................................................. Exploring the skills of the SMMEs entrepreneurs’ to prepare, understand and interpretation of financial statements are critical in this context.

scholarly journals Sustainable Facilities Management for Smart Buildings: A Case Study of the Heritage Place, Lagos

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
J. O. Faremi
Keyword(s):  
Management Practices ◽  
Management Practice ◽  
Business Environment ◽  
Facilities Management ◽  
Cross Sectional Survey ◽  
Expected Return ◽  
Cross Sectional ◽  
Smart Buildings ◽  
Management Services

A recent development within the metropolis of Lagos State, Nigeria is the emergence of smart buildings aimed at providing safer, more secure, productive and comfortable business environment. A major challenge to the sustenance of such edifice is the delivery of strategic facilities management services to maximise the building’s efficiency and achieve expected return on investment. This study investigates sustainable facilities management practices in smart buildings using the Heritage Place as a case study. A cross-sectional survey was conducted on 19 facilities management personnel and 68 users of the facility. chart, mean score and Spearman’s Correlation were used as the descriptive and inferential statistical tools, respectively. The results show the most frequently practiced sustainable facilities management practice to include: compliance to the preventive maintenance schedules for Heating Ventilation and Air Conditioning (HVAC) systems and prompt response to repairs and corrective work activities in the facility with mean scores of 5.00 and 4.90, respectively. The results further show that the facility users were dissatisfied with the level of implementation of sustainable facilities management practices, except in integrated pest management and optimised waste management where marginal satisfaction were recorded, respectively. The study recommends a sustained effort by smart buildings stakeholders at implementing sustainable facilities management practices in order to significantly and continually improve operations and maintenance activities in the buildings. And that the efforts of facilities managers for smart buildings should be geared at the delivery of strategic facilities management services that meet the expectations of users of the facilities.

scholarly journals The Effectiveness of Earth and Building Tax Collection in Takalar District

2019 ◽  
Vol 3 (1) ◽  
pp. 13
Author(s):  
Irfan Irfan ◽  
Jumalia Mannayong ◽  
Haerul Haerul
Keyword(s):  
Data Analysis ◽  
Data Collection ◽  
Financial Management ◽  
Tax Collection ◽  
Study Approach ◽  
Analysis Process ◽  
Analysis Technique ◽  
Development Goals ◽  
The Right

Regional autonomy gives the region the right to determine its own direction and development goals in the area. This research aims to analyze and discuss the Effectiveness of Land and Building Tax Collection in Takalar Regency. The research method used is qualitative with a Case Study approach. Data Collection and Validation Techniques are carried out by; observation, interview, and documentation. The data analysis technique used in this study is the analysis that is carried out continuously both in the process of collecting data and after the data collection has been completed. The data analysis process used in this study is data condensation, data display, and conclusion drawing/verifications. The results of the study are based on the Source Approach of the Takalar District Financial Management Agency in terms of human resources and the source of facilities and infrastructure which are considered to be still relatively low/insufficient in the management of increased PBB collection.

scholarly journals COASTAL MOSLEM’S CREATIVE ECONOMY DEVELOPMENT MODEL : CASE STUDY IN KENJERAN SURABAYA

2018 ◽  
Vol 3 (2) ◽  
pp. 122
Author(s):  
Tika Widiastuti ◽  
Sunan Fanani ◽  
Imron Mawardi
Keyword(s):  
Economic Development ◽  
Data Collection ◽  
Qualitative Approach ◽  
Coastal Communities ◽  
Development Model ◽  
Creative Economy ◽  
Model Case ◽  
Study Case ◽  
The Government

The aim of this study is to understand how coastal moslem’s creative economy development are. This study has used qualitative approach with study case strategy.  Data collection has done by interviewing the informants i.e. Head of Kelurahan Sukolilo and Creative Industry’s stakeholder nearby Kenjeran, Surabaya. The result of this study is an appropriate model to develop coastal moslem’s socio-economics is a holistic-integrated developments. The model involved sort of stakeholders viz. fishermans, seafood crackers producers, the government, NGO’s, and universities.  Keywords : Coastal Communities, Creative Economy,  Kenjeran, Sosio-Economic Development

Adding insult to injury: The fiscal impact of a failed FEMA disaster reimbursement system upon Florida municipalities

2021 ◽  
Vol 19 (2) ◽  
pp. 117-129
Author(s):  
David Mitchell, PhD ◽  
Claire Connolly Knox, PhD
Keyword(s):  
Natural Disasters ◽  
Financial Management ◽  
Management Practices ◽  
City Managers ◽  
Fiscal Impact ◽  
Central Florida ◽  
Disaster Policy ◽  
Emergency Managers ◽  
Local Government Level

The financial aspects of natural disasters test fiscal solvency by draining municipal reserves and diverting funds from vital operations until Federal Emergency Management Agency (FEMA) reimbursements arrive, if they arrive. With record-breaking natural disasters, the resulting fiscal strain is hampering nearly every community’s effort to increase resiliency. Without systemically assessing the financial responses to natural disasters at the local government level, we are perpetuating the paradox of government disaster policy making and decreasing our community’s resiliency. This study bridges the gap between the financial management and disaster recovery literatures by applying resource dependency theory to an exploratory case study of local emergency managers and city managers in Central Florida following hurricanes Matthew, Irma, and Michael. Collectively, the respondents describe the reactive and dependent nature of the current federalist approach to natural disaster financial management practices; which ultimately threatens fiscal viability for many American communities.

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