Labuan Bulletin of International Business and Finance (LBIBF)

ONLINE FOOD DELIVERY SERVICES USING ONLINE FOOD DELIVERY APPLICATION: GENERATION Y’S ATTITUDE

Joehan Joehari William — 2024-12-13

This study aims to address the gap in prior research by examining the factors influencing generation Y’s attitude toward online food delivery services and purchase intention using online food delivery applications in Malaysia. Data were collected through an online survey where Google form is created and distributed through social media platforms such as WhatsApp, Facebook, and Instagram. The target respondents are generation Y consumers residing in Malaysia. A total of 200 questionnaires have been collected. Statistical Product and Service Solutions (SPSS) version 27 was applied to analyse the information from 200 qualified questionnaires. The result indicates four variables: effort expectancy, time-saving orientation, and social influence that positively impact generation Y’s attitude toward online food delivery services. Generation Y’s attitude towards online food delivery services has a positive impact on generation Y’s purchase intention using online food delivery applications. However, the performance expectancy, price-saving orientation, and information quality does not positively impact generation Y’s attitude towards online food delivery services. Age does not moderate the relationship between generation Y’s attitudes toward online food delivery services and generation Y’s purchase intentions using online food delivery applications in Malaysia. This research contributed additional information to prior studies in a similar area, of which only a handful are addressed from the Malaysian context. This study is also beneficial for future researchers, marketers, and businesses involved in food industry segments.

PRIVACY CONCERNS AND CONSUMERS’ TRUST IN M-COMMERCE APPS IN MALAYSIA

Nur Hikmah Masran — 2024-12-16

Apps for mobile devices have become crucial in daily life. Every day, millions of people rely on smartphone apps to perform a variety of crucial tasks. Mobile app shops have seen an expansion in the number of apps due to rising consumer demand. On the other hand, as people's concerns about online privacy have grown, privacy issues pertaining to internet use have become more important in recent years. However, this study found that building trust might help allay consumers' worries about privacy when it comes to using m-commerce apps in Malaysia. Consequently, the purpose of this study is to empirically investigate customers' trust by comprehending privacy concerns related to their use of m- commerce apps in Malaysia. The APCO model and Social Cognitive Theory (SCT) are further explored in this study. Data were gathered through an online survey conducted on Malaysian users of mobile applications. Only 292 of the 350 respondents' useful responses were examined using SPSS and SmartPLS statistical tools. The results demonstrated and validated (APCO) and (SCT) emphasis on people examining the risks and benefit when deciding whether to disclose personal information. Practitioners would apply the empirical findings to study and comprehend consumer preferences in light of these results.

CORPORATE SOCIAL RESPONSIBILITY (CSR): THE PATTERN OF CORPORATE PHILANTHROPY SHOWN BY SELECTED PUBLICLY LISTED COMPANIES IN MALAYSIA

Heljony Bin Morudin — 2024-12-13

This study explored patterns in corporate philanthropy activities by selected publicly listed companies in Malaysia. Possible seasonal trends in such activities were investigated to determine whether contributions and volunteerism occurred mostly during festival seasons. Data was collected from 142 annual reports from the Bursa Malaysia main market and 51 respondents from these firms. The means and standard deviations of variables were analysed descriptively; Chi-square tests were used to test for statistically significant seasonal trends. No seasonal trends in corporate philanthropic activities were found. While such patterns had been previously reported by other researchers, these findings indicate that corporate responsibility reporting standards may be changing philanthropic patterns in Malaysia. This study was conducted during the COVID-19 pandemic, and was thus limited to online methodology. Further such studies are recommended that focus not only on publicly listed companies, but also on other types of businesses.

DOES GOVERNMENT SUPPORT REALLY MATTER IN M-PAYMENT ADOPTION IN SOCIETY?

Pick-Soon Ling — 2024-12-16

The technological determinism theory (TDT) suggests that societal parties, such as the government significantly motivate mobile payment (m-payment) usage. Thus, government agency support and encouragement have substantially increased the m- payment adoption following the government's digital economy agenda and the fourth industrial revolution. Nevertheless, there is limited literature investigating the effect of government support on the context of m-payment adoption. This study examined the influence of government support regarding technology acceptance factors and users' m- payment adoption intention. Two hundred and fifteen valid samples from Sarawak m- payment users were collected and analysed using Partial Least Squares-Structural Equation Modelling (PLS-SEM) and Importance-Performance Map Analysis (IPMA). The results revealed that all factors significantly influenced the users’ adoption intention except for effort expectancy. The IPMA result demonstrated that government support is the most decisive adoption intention of m-payment factors. Furthermore, m-payment operators should exert more effort to improve platform usefulness. Factors underpinned by the unified theory of acceptance and use of technology (UTAUT) and government support suggested by the technological determinism theory (TDT) able to provide new insight in managing technology usage such as mobile payment.

EXPLAINING FINANCIAL SUSTAINABILITY BY RATIONALISING THE LIFE CYCLE THEORY AND PERMANENT INCOME THEORY

Siti Nur Aqilah Ab Wahab — 2024-12-16

This article emphasizes the dynamics interaction of household financial literacy with fundamental economic consumption theories and household context of financial sustainability. The underlying concept is to explore the complexity between household financial management knowledge in the form of money attitude, behaviours and household debt motivations. By synthesizing the fundamental two household economic consumption theories, namely Life Cycle Theory and Permanent Income Theory, this article proposes an initial framework for analyzing household debt within the context of long-term personal finance sustainability body of knowledge. The integration of these two theoretical foundations allows us to nuanced examination on the multifaced factors influencing sustainable financial practices. The crucial elements in understanding household consumption patterns, debt management and repayment sustainability, money matters attitudes, investment choices that offer reasoning mental issues in managed personal finance. Finally, this article aims to provide a more comprehensive understanding on how households navigate the complexities of financial decision-making across different household lifecycles in pursuit of financial stability.

IS BITCOIN A HEDGE FOR CURRENCIES IN ASEAN-5?

Muhammad Danish Khan Jumain — 2024-12-16

Bitcoin is a new asset class in the global financial system where it is known as cryptocurrency or digital currency. Bitcoin has begun to gain the world’s attention as the price of Bitcoin has been rising since 2009 as its usage increases day by day. The popularity of bitcoin has made some investors see it as a safe place. But is this true for the ASEAN-5 currencies? Therefore, this research paper aims to identify whether Bitcoin can act as a hedge for currencies in the ASEAN-5 countries namely Malaysia, Thailand, Indonesia, Singapore and the Philippines. This study uses daily data from December 1, 2014 until December 30, 2022. Empirical results of the study based on the GARCH (1,1) model show that Bitcoin can serve as a weak hedge for the ASEAN- 5 currencies except for Singapore where there is evidence of a strong hedge in the Lion City. This is particularly due to a unique Singapore's monetary policy tools which are based on their exchange rate unlike with other countries that mainly use interest rate as their tool.

ELECTRIC VEHICLES IN CHINA AND CHANGZHOU CITY CONSUMER PURCHASE INTENTIONS

Wang, Xicheng — 2024-12-16

The Chinese government and car manufacturers are promoting consumer purchases of electric vehicles (EVs), which have seen many improvements in appearance, functions and driving experience. This study explored attitudes, preferences, and barriers towards electric vehicle adoption among middle-class consumers in Changzhou City, China. With a growing emphasis on sustainable transportation and push for electric mobility, understanding consumer perceptions and motivations is critical for accelerating the transition to electric vehicles. A quantitative research design was used to investigate consumer attitudes, perceived barriers, and policy influences related to EV adoption. The study focused on middle-class consumers in Changzhou City, with a sample group of 442 residents. Most respondents completed online surveys on the Wen Juanxing website, while others completed paper surveys. The findings revealed a positive attitude towards electric vehicles driven by environmental concerns, government incentives, and technological advancements. However, significant barriers such as high purchase prices, limited charging infrastructure, and driving range anxiety were identified as key obstacles to widespread EV adoption. Government policies, including subsidies and incentives, play a crucial role in shaping consumer perceptions and influencing purchase decisions. Additionally, accessibility and availability of charging infrastructure emerged as critical determinants of EV adoption.

FTSE BURSA MALAYSIA HIJRAH SHARIAH INDEX AND UNCERTAINTY INDEX: EVIDENCE FROM AUTOREGRESSIVE DISTRIBUTED LAG (ARDL) MODEL AND THEIL’S INEQUALITY COEFFICIENT

Joel Raj Francis — 2024-12-16

The performance of financial markets is influenced by a myriad of factors and one of them is uncertainty. Uncertainty is said to be a great predictor of both the returns and volatility of financial market instruments. In this study we examined the long run cointegration of two uncertainty indexes namely the Global Economic Policy Uncertainty (GEPU) and Geopolitical Risk (GPR) on the returns of FTSE Bursa Malaysia Hijrah Shariah Index (FBM HS) for the period January 2000 to December 2022. The Auto Regressive Distributed Lag (ARDL) approach was employed to analyze the possible long run cointegration between the uncertainty indexes and the Islamic stock index return. Our findings revealed that the GEPU index have a significant negative on the returns of FBM HS over the long run whilst GPR’s impact on FBM HS was found to be insignificant. Our results via Theil’s Inequality Coefficient revealed GEPU as the better predictor compared to GPR in terms of predicting the returns of FBM HS. The findings strongly advice those who are in the investment ecosystem especially investment managers and investors in the Malaysian markets to closely monitor GEPU and GPR to manage return risks effectively. Policymakers are also urged to pay a careful attention to uncertainty measures as they significantly influence the returns of FBM HS.