scholarly journals Winners and Losers in Post COVID-19 Business World, the New Norm for Malaysia

Author(s):  
Karthigayan Gunasegaran ◽  
Che Zalina Zulkifli ◽  
Sivaganesh Loganathan ◽  
Mohd Fauzi Sedon

Purpose: The purpose of this study is to explore and analyze winners and losers in the post-covid-19 business world, the new norm for Malaysia. Design/methodology/approach: This study uses a literature research model, which is to collect various kinds of data and literature then take the essence of the data and literature then describe and analyze it. Findings: COVID-19 pandemic manifested at the time when mankind was least prepared to face it. This virus has permanently altered the fabric of the globalized world. The global damages inflicted by this pandemic go beyond loss of lives in multitudes, but also quality of living. While government around the world are battling to contain the virus for the safety of its people, there is a pressing need to start thinking about a world that will be living with the after effects of COVID-19.The global economy is going to shrink drastically and Malaysia will not be spared. The damage will be irreversible should all measures to contain the virus fail. Taking into account various scenario modeling from credible sources, a list of winners and losers in post COVID-19 business world has been derived. The reality of this pandemic demands the business world to embark on an accelerated shift towards being innovative, digital, pro-active and pre-emptive. Research limitations/implications: This research uses secondary data. Practical implications: Business entities can use the result of research as consideration so that the business can still exist. Originality/value: This research explores the phenomena of covid 19 in Malaysia and the impact on business. Paper type: Research paper.

2021 ◽  
Vol 14 (1) ◽  
pp. 51-63
Author(s):  
Rabindra Acharya ◽  
Gopal P. Mahapatra ◽  
Kadamibini Acharya

Human beings have always strived towards excellence and progress since time immemorial. Industrialisation, automation and technological disruptions have led to increased comfort and quality of living of human beings and enhanced output, productivity and efficiency. Consequently, of late, health and wellness are receiving increased attention globally. Stress and stress-related diseases and workplace-related ailments have significantly increased over the last few decades and gained attention from society and industrial organisations. In the recent past, in the coronavirus pandemic context, wellness has been focused upon in many countries, communities and organisations worldwide. Yoga has been part of the Indian ethos for centuries. In this article, the authors discuss the General Yoga Programme (GYP), its broad coverage, and the impact it has had on the participants in terms of their wellness. With the help of a survey of the participants and linking it to relevant literature and research in the field, the authors highlight how GYP is a useful tool for enhancing various wellness dimensions. They recommend that GYP in its simplified form can be extended to the workplace; and also, HR professionals can play a facilitative role in the process.


2020 ◽  
Vol 74 ◽  
pp. 06006
Author(s):  
Denisa Domaracká ◽  
Veronika Kňažková

The changing global economy environment also affected the area of statutory audit. Nowadays, statutory audit faces the significant changes not only because of the processes of digitization and automation in accounting and auditing, but because of increased and tightened legislative regulation, too. The most important aspects of financial reporting and auditing are subject to EU Regulations and EU Directives. For this reason, the issue of legislative regulation changes in field of statutory audit in Slovakia has become the subject of our article. Currently, the proposal of amending and supplementing Act. No 431/2002 Coll. on Accounting, as amended underwent an interdepartmental comment procedure. The proposal includes the changes on requirements for statutory audit. This article examines the current proposal to change (mainly increase) the conditions for performing the mandatory statutory audit of financial statements in Slovak audit environment. Our goal is to clarify the reasons and implications behind the changes of Slovak legislation as well as the impact of these changes on audit performance in Slovakia. We believe conducting statutory audits in accordance with the applicable legislation accepted and implemented at international European level can contribute to transparency and improve the quality of audit performance. In order to achieve the goal, it was necessary to choose a purposeful work methodology and research methods.


Author(s):  
Osumanu Alhassan ◽  
Oscar Opoku Agyemang Opoku

Despite the major role played by rural and community banks in economic development and in the financial climate, their performance over a decade now have not been up to expectations. They continue to experience huge challenges due to innovations in technology as well as globalization which create opportunities for growth. The study was to examine the impact of liquidity on rural and community banks in the Eastern Region of Ghana selected from eleven (11) banks for the period of ten years from 2007 – 2016. The study used panel data and secondary data to collate the ratios from all the selected rural and community banks. A regression model was developed with Return on Asset as the dependent variable accompanied with other six explanatory variables. It was revealed that quality of loan portfolio ratio; capital ratio and loan to total assets had significant and positive relationship with profitability. It was also revealed that shocks in all the liquidity variables had one or other implications on profitability. Finally, based on finding seven, which states that cost to income has negative and significant effect on profitability, the study recommended that management must adopt information and communication technology to reduce cost and easy access to banks’ product in the form of Automated Teller Machine.  


2020 ◽  
Vol 12 (4) ◽  
pp. 143-160
Author(s):  
Veronika Svatosova

In this article a total of fifteen determinants of online shopping behavior have been identified that could have an impact on the strategic management process in e-commerce competitiveness. The main objective of the paper is to evaluate the impact of determinants of online shopping behavior on the strategic management process in e-commerce. The main research methods used in the research are as follows: analysis of secondary data, a questionnaire survey among a selected group of e-commerce companies, a critical analysis and a quality comparison of the actually applied determinants of online shopping behavior. The verification of hypotheses is realized using selected methods of statistical induction and descriptive statistics. In summary, the research has shown there is no relationship between evaluating the quality of determinants companies in e-commerce and evaluating the importance of determinants of online shopping behavior. Determinants have an important impact in the process of creating and realizing an e-commerce strategy, with all e-commerce companies regardless of their size being aware of their practical impact and importance. It can be concluded the importance and quality of determinants of online shopping behavior correspond to the type of strategy and strategic management process in terms of e-commerce competitiveness.


2015 ◽  
Vol 9 (1) ◽  
pp. 106 ◽  
Author(s):  
Olumide A. Olowokure ◽  
Muhammad Tanko ◽  
Terzungwe Nyor

<p>The quality of financial report is very crucial as published financial reports remains, for the most part, the only means by which outside shareholders and investors keep themselves informed about the performance of the firm. In the present economic scenario, this concern for financial reporting quality becomes more acute as emerging market economies and more importantly mono economies like Nigeria face greater uncertainties as they combat the challenges of unprecedented fall in oil prices. In addition to this, the suspension of the CEO, Chairman and two other directors of Stambic IBTC bank by the Financial Reporting Council of Nigeria for filling a misleading financial statement for 2013 and 2014 has also shown that the issue of financial reporting quality cannot be overemphasized. Using secondary data from the published reports of thirteen listed deposit money banks in Nigeria for over a period of ten years between 2005 and 2014, this paper seeks to find the determinants of financial reporting quality and reports the findings of the impact of structural characteristics like age, size and level of leverage on financial reporting quality. Using prio studies as a guide, we developed a model for loan loss provisions and generated the residuals, using these residuals know as abnormal loan loss provisions as the dependent variable for the multiple regression analysis, the study did not find any evidence of significant relationship between firm age, size, leverage and financial reporting quality.</p>


2013 ◽  
Vol 19 (4) ◽  
pp. 498-518 ◽  
Author(s):  
Jonathan H Westover

AbstractIn this research, I apply and extend Kohli's state-directed development framework to better understand country-level factors influencing cross-national differences in job characteristics and job satisfaction. Prior research has indicated that the nature of work has changed dramatically in recent years in response to economic shifts and an increasingly global economy. However, there is little agreement on whether the overall quality of work has improved or declined over that period and little is known about the overall comparative quality of work and job satisfaction across the global economy. In this study I use non-panel longitudinal data from the International Social Survey Program (survey questions on job characteristics and job quality) and various country-contextual variables. This article explores the impact of state-directed development on job satisfaction, first identifying and explaining the foundations of the statist literature, and then using various statistical methods to test for statistically significant impact and variation across countries.


2019 ◽  
Vol 10 (1) ◽  
pp. 161
Author(s):  
Bagila MUSTAFAYEVA ◽  
Saule KALTAYEVA ◽  
Ainura SAPAROVA ◽  
Elvira ALIMKULOVA ◽  
Meruert KULBAYEVA

The purpose of the present study is analyzing the trends of agricultural pollutions and their impact on the health of the population of the Republic of Kazakhstan. The main research methods include a bibliographic review of the literature on the research subject, as well as qualitative and quantitative analysis of statistical indicators of agricultural production development, and the dynamics of agroecological indicators of the Republic of Kazakhstan. To assess the impact of agricultural changes on the quality of life associated with the health of the population, the analysis of secondary data of sociological research conducted by the Environmental Fund of Kazakhstan was carried out. The results of the study show that since 1999 the agriculture of the Republic of Kazakhstan has undergone structural changes which are characterized by active mechanization, intensification, and specialization. At the same time, the widespread use of fertilizers and pesticides, as well as irrigation, the growth of pollution from livestock, and the employment of heavy machinery have adverse effects on water and soil.


Author(s):  
Yu Hai Yun

The result or outcome of an entity for its deliberate operational success is the outcome or outcome of an institution with regard to the desired objectives and targets. Operational output the study utilizes the analytical data collection process. For analysis, though, it will use both primary and secondary information. The main statistics is information that the author gathers through surveys or questionnaires and the secondary data is the data collected from prior studies and research. The study examined the effect of change management on the quality of workers, taking into account many factors such as ethics, productivity, morale and interaction among others. The research findings have shown that the greater the integrity of workers and the better the interaction, the higher the productivity and the lower the attrition. The study analyzed the impact of change management on employees’ performance, taking into account many factors such as organizational ethics, recruitment, morale and interaction. The research results demonstrate that the higher the moral and communication standards of employees are at work, the greater the retention and the lower the turnover.


2019 ◽  
pp. 131-148
Author(s):  
Peter Čajka

Already in the Middle Ages, in times of the first universities, education was an important source of knowledge and social status. Nowadays, education, together with its quality and level of teaching, is used as a means of pursuing national interests abroad, as well as influencing local elites, and sometimes even a larger population. High level and good quality of education is one of factors contributing to the relationship between states. The role of education as regards international prestige and the position of individual states has risen in recent years chiefly due to major changes in the global economy and a corresponding shift of values, values which have become important for the modernization of societies. Thus, education has become increasingly important, especially due to the growing significance of knowledge in the globalized world. Education has become an increasingly important factor in international relations and it translates into the soft power of a state.


2021 ◽  
Vol 13 ◽  
Author(s):  
Ogunode Niyi Jacob ◽  
Ahaotu Godwin Ndubuisi ◽  
Obi-Ezenekwe Unoaku Constance

This paper centers its discussion on“the effects ofinsecurity on school administration in the Nigerian educational institutions”. Secondary data were used to support the points raised in the article. The data were sourced from print materials and online publications by recognized institutions and individual authors. This paper identified unemployment, poverty, illiteracy, marginalization, political factors, international influence, and communal crisisas the bane of insecurity in the Nigeria. This paper also identified loss of manpower in educational institutions, poor quality of education, destructions of infrastructural facilities, brain-drain, closure of educational institutions, discouragement of educational pursuit by children, internal displacement of learners,reduction of private investment in education and inadequate funding of education as the impact of insecurity on school administration in Nigeria. In order to address the challenges of insecurity on school administration in Nigeria, the paper recommends among other things:That government should ensure that, the political will to fight all forms of insecurity in the country through the application of best strategies are honestly and sincerely put in place.


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