13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES最新文献

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Investigating the Interplays among Individual, Team, and Organizational Resilience Using Structural Equation Modeling 运用结构方程模型研究个人、团队和组织弹性之间的相互作用
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(97)
Ester C. Lim, Maybelle A. Paulino, Johnny Amora
{"title":"Investigating the Interplays among Individual, Team, and Organizational Resilience Using Structural Equation Modeling","authors":"Ester C. Lim, Maybelle A. Paulino, Johnny Amora","doi":"10.35609/gcbssproceeding.2022.1(97)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(97)","url":null,"abstract":"Organizational resilience is not a static concept, it evolves. Scholars suggest that organizational resilience is complex, all-inclusive, multidimensional, and multifaceted. Organizational resilience as an organizational capacity also emerges at multiple levels. Resilience at one level is dependent on another level. A resilient individual is needed to build a resilient team and organization. Though the concept of organizational resilience has been extensively investigated, few studies have looked into the interplays among different organizational resilience levels. Therefore, this study aims to address this gap by investigatigating the interplay of individual, team, and organizational resilience.\u0000\u0000\u0000Keywords: individual resilience, team resilience, organizational resilience, factor-based PLS-SEM","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"115 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117254179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Non-Traditional Issues among ASEAN Nations: Securitization and Policy Making in Issues of Non-Traditional Security (NTS) 东盟国家的非传统安全问题:非传统安全问题的证券化与政策制定
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(51)
Nurli Yaacob, Muhammad Izmer Yusof, Suzei Mat Nurudin, Dr. Zarina Mohd Zain, Nuramira Akmal Mustapa
{"title":"Non-Traditional Issues among ASEAN Nations: Securitization and Policy Making in Issues of Non-Traditional Security (NTS)","authors":"Nurli Yaacob, Muhammad Izmer Yusof, Suzei Mat Nurudin, Dr. Zarina Mohd Zain, Nuramira Akmal Mustapa","doi":"10.35609/gcbssproceeding.2022.1(51)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(51)","url":null,"abstract":"Issues dealing with security are perhaps the most profound issues since the end of the Cold War in 1990s. The idea that the security of the state is no longer can only be challenged by war but also by other factors and issues that can still threaten the wellbeing of the citizen and state. The realism paradigm in international politics deems issues on securities in a traditional way that wars and arm conflicts are the only threat to the state. This viewpoint falls under the notion of traditional security. The other notion that dictates the security of the state can be more than just arm conflicts and wars, fall under the idea and paradigm of idealism. This paper will tend to highlight a few issues that concern the paradigm of Non-Traditional Security (NTS). In the end, the objective of this concept paper is to see the awareness of ASEAN members on the issues of NTS and how do they respond to such matters. A total of 10 informants from different backgrounds but experts in the field of NTS will involve in the study. From the findings, we hope that there is a full picture of NTS during the pandemic COVID-19 can be presented. Thus, from this study, the blueprint for NTS can be suggested to help people more understand NTS.\u0000\u0000\u0000Keywords: Non-Traditional Security Issues, Securitization, Awareness, ASEAN","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"5 5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124997935","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The effectiveness of Tax Incentive during Covid-19 Pandemic: Case Study on Indonesian Small Medium Enterprises 新冠肺炎疫情期间税收激励的有效性——以印尼中小企业为例
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(82)
Patricia Diana, Chermian Eforis
{"title":"The effectiveness of Tax Incentive during Covid-19 Pandemic: Case Study on Indonesian Small Medium Enterprises","authors":"Patricia Diana, Chermian Eforis","doi":"10.35609/gcbssproceeding.2022.1(82)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(82)","url":null,"abstract":"As a developing country, Indonesia has economic strength in the real sector which is carried out by small medium enterprises activities. In the latest 2019, globally and also Indonesia’s economiy was depressed by pandemic covid 19. To maintain national economic stability, our government issues a lot of incentive especially in taxation policy. One of them is the tax incentive for SMEs. This research purpose is to measure tax incentive effectiveness specifically for SMEs using several internal government factors such as modernization and socialization of the tax system and also personal tax knowledge from taxpayers. This research is causal study using primary data collected by questionnaire. Respondent criterias prepare according to SMEs classification from the Regulation of the Minister of Finance of the Republic of Indonesia. Data in this study analyze using multiple linear regression with SPSS statistics. This research found that modernization, socialization and taxpayer knowledge will improve tax incentive efficiency. Modernization of the tax system and frequent socialization encourage taxpayers to utilize the incentive without having deep knowledge of taxation.\u0000\u0000\u0000Keywords: modernization, socialization, tax incentives, tax knowledge","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117010126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Role of Financial Socialisation as the Driver of Financial Literacy: A Pilot Study in Malaysia 金融社会化作为金融素养驱动因素的作用:马来西亚的试点研究
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(2)
N. Rahim, Norli Ali
{"title":"The Role of Financial Socialisation as the Driver of Financial Literacy: A Pilot Study in Malaysia","authors":"N. Rahim, Norli Ali","doi":"10.35609/gcbssproceeding.2022.1(2)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(2)","url":null,"abstract":"Financial literacy is defined by the OECD (2020) as \"a set of awareness, knowledge, skills, attitudes, and behaviors that enable individuals to make smart financial decisions and ultimately attain individual financial well-being\". Financial literacy is comprised of two critical components: the knowledge of pertinent financial information and the capacity of an individual to use that information to make wise financial decisions.Concerns with financial literacy have been identified in recent research. In 2018, household debt in Malaysia was 82 percent of GDP, higher than in other high-income countries such as Japan (58 percent), Italy (40 percent), and the United States (40 percent) (76 per cent). Additionally, according to a 2018 Credit Counselling and Debt Management Agency (AKPK) report, many are saddled with massive debts, with many declaring bankruptcies (AKPK, 2018).\u0000\u0000\u0000Keywords: Financial literacy, financial socialisation, financial education, drivers of financial literacy, social agents","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"116 6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116106559","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Millennials' Financial Planning during Covid 19 新冠肺炎期间千禧一代的财务规划
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(26)
Karina Harjanto, M. Osesoga, Elisa Tjhoa
{"title":"Millennials' Financial Planning during Covid 19","authors":"Karina Harjanto, M. Osesoga, Elisa Tjhoa","doi":"10.35609/gcbssproceeding.2022.1(26)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(26)","url":null,"abstract":"On July 1, 2020, the World Bank released a report on the classification of countries in the world based on income levels. There are 4 categories, namely low-income, lower-middle-income, upper-middle-income, and high-income. In this report, there is good news for Indonesia, namely the increase in the level from lower-middle-income to upper-middle-income category. This classification according to the World Bank shows that Indonesia's gross national income (GNI) per capita is at the level of $4,046-$12,535. However, in July 2021, after about a year of pandemic Indonesia went back to the lower-middle income category. According to the World Bank, population growth is one of the factors that affect a country's GNI. In the Millennial Generation Profile Book, 2020 is the year the demographic bonus begins, where the millennial generation will be the backbone of the Indonesian economy. According to Strauss and Howe (1991) in Keeling (2003), the millennial generation is the generation born in the period 1982-2003. Since 2017, the number of millennials in Indonesia has been dominant compared to other generations. This shows that millennials have a big role in advancing the country's economy.\u0000\u0000\u0000Keywords: Economic Incentive, Financial Literacy, Financial Planning, Financial Technology, Millennials","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121641956","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Linking Advanced Technology Industry 4.0 to Environmental Management Accounting (Ema): Impact on Environmental Performance 将先进技术工业4.0与环境管理会计(Ema)联系起来:对环境绩效的影响
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(36)
Z. Rasit, Nur Adibah Mat Bahari, S. Urus, Aida Hazlin Ismail
{"title":"Linking Advanced Technology Industry 4.0 to Environmental Management Accounting (Ema): Impact on Environmental Performance","authors":"Z. Rasit, Nur Adibah Mat Bahari, S. Urus, Aida Hazlin Ismail","doi":"10.35609/gcbssproceeding.2022.1(36)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(36)","url":null,"abstract":"Sustainability has become vital today as stakeholders demand more information related to the company's environmental and social performance. In order to gather eco-efficient data, companies need to have a good infrastructure or appropriate system for data gathering and sharing in the supply chain. Prior researchers have discussed the use of environmental management accounting (EMA) as one of the tools that can provide environmental information that helps in dealing with environmental issues. Nevertheless, environmental information may not be shared effectively due to poor communication links and the inconsistency of information systems. The motivation to conduct this study is to examine factors that can be solutions to several challenges discovered by prior studies to effectively implementing EMA. Besides that, there are mixed discussions on previous research suggested examining factors that influence the EMA adoption to enhance environmental performance. One of the recent issues is the rise of advanced technology from the Fourth Industrial Revolution (Industry 4.0), which was discussed briefly in recent prior studies. Prior research highlighted advanced technology under Industry Revolution (IR) 4.0 might enhance environmental information. Therefore, the purpose of this study is to investigate the relationship of advanced technology Industry 4.0 on the adoption of EMA leads to the improved environmental performance of the Malaysian electrical and electronic industry.\u0000\u0000\u0000Keywords: Environmental management accounting (EMA), advanced technology Industry 4.0, industrial revolution 4.0, environmental performance","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125600481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Quantitative Easing, liquidity and Banking Growth; Evidence from Indonesian Banking System 量化宽松、流动性与银行业增长来自印尼银行系统的证据
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(77)
Y. Bustaman, Soebowo Musa, Mira Maulida
{"title":"Quantitative Easing, liquidity and Banking Growth; Evidence from Indonesian Banking System","authors":"Y. Bustaman, Soebowo Musa, Mira Maulida","doi":"10.35609/gcbssproceeding.2022.1(77)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(77)","url":null,"abstract":"Quantitative easing (QE) is an unconventional monetary policy issued by the central bank to provide economic stimulus in expecting growth of aggregate demand as well as amplifying inflation. This policy typically involves purchasing large-scale financial assets from the open market and it is expected to reduce interest rates and the term structure of the yield which is supposed to have an impact on increasing the distribution of credit to the business (Bowman, Cai, Davies, & Kamin, (2015), Christensen and Krogstrup, (2019). Central banks in developed countries have already utilized the QE policy after the financial crisis hit their countries to ensure financial stability and economic growth. The covid 19 pandemic forced Indonesia Central Bank (BI) to implement a QE policy in early April 2020. The total amount of quantitative easing during this year was IDR 694.87 trillion (in the year 2020) and IDR 505.14 trillion was flooded in the year 2021 (Kebijakan Moneter, 2020). The program was conducted by injection the public fund into the banking system; by purchasing large-scale financial assets such as government bonds as well as other marketable credit securities. Additionally, the BI also reduces the minimum bank reserve that boosts the availability of current account balance to be disbursed in the credit market.\u0000\u0000\u0000Keywords: Indonesian Banks; Lending Growth; Liquidity; Pandemic; Quantitative Easing","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"439 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129226000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Corruption in a System Dynamics Perspective (Case Study from Indonesia) 系统动力学视角下的腐败(以印度尼西亚为例)
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(103)
Trisnawati Trisnawati, Teguh Kurniawan, A. Wahyudi
{"title":"Corruption in a System Dynamics Perspective (Case Study from Indonesia)","authors":"Trisnawati Trisnawati, Teguh Kurniawan, A. Wahyudi","doi":"10.35609/gcbssproceeding.2022.1(103)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(103)","url":null,"abstract":"Corruption is one of the complex problems that occur today. The research case is Indonesia as a case study to analyze the dynamics in corruption by explaining the factors that cause corruption. To achieve this goal, the research method is mixed method. Where the initial stage is carried out by comparing cases, laws and regulations, and theories related to corruption in Indonesia. To evaluate corrupt practices, a system dynamics model was developed by mapping the factors causing corruption. The results showed that the cause of corruption was due to individual and structural factors. Structural factors are control factors. The more effective the monitoring system, the less chance of corruption. On the other hand, if corruption is still widely practiced, it means that something is wrong in the monitoring system. while what is meant by individual factors is the low level of morale and integrity of employees and leaders. So, if you pay attention, the Indonesian government is not non-existent laws and regulations, but due to various factors that are outside the government structure, if the government controls corrupt people in any structure, that structure will definitely be affected.\u0000\u0000\u0000Keywords: corruption, causes, eradication policy, system dynamics.","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126374710","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Future Banking: A Literature Review 未来银行业:文献综述
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(30)
Yessie Fransiska Lydiana, Prof. Aurik Gustomo, Dr. Yuni Ros Bangun
{"title":"Future Banking: A Literature Review","authors":"Yessie Fransiska Lydiana, Prof. Aurik Gustomo, Dr. Yuni Ros Bangun","doi":"10.35609/gcbssproceeding.2022.1(30)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(30)","url":null,"abstract":"Nowadays, digital transformation is a buzzword in an academic and business environment. Business, education, banking, government, manufacturing – almost every industry is being \"digitally transformed\" in the period of the fourth industrial revolution. Many studies, specifically in the last 25 years, tried to discover the elements, drivers, and barriers of digital transformation and the value creation through digital transformation (Verina & Titko, 2019). There is a variety of digital technology strategies. The consumer behaviour triggers a series of technological advances, for every bank must continue to prepare for the future of banking. Conventional banks that currently still have customers, namely traditionalists who feel they don't need digital channels, must also be ready (Insight, 2020). Likewise, digital banking must be ready for the use of future technology. The failure of banks to adapt to consumer needs and the adoption of digital technology will have a significant impact. The speed or phase in digital transformation for banking, specifically in Indonesia, is not the same. Digital transformation in Indonesia's banking industry started quite late compared to other Asian countries, such as Malaysia, Singapore and South Korea. This is due to, among other things, the geographical conditions of Indonesia, which is an archipelago where digital literacy is not homogeneous, and people still have traditional beliefs and preferences for doing their banking in conventional physical branches (Winasis, 2020). The Indonesia Financial Services Authority (FAS) stated that by 2030 in Indonesia, all current banks would be digital, so it is expected that there will be no more branch offices. In addition, native/traditional banks are currently competing with challenger banks and fintech. Banking must be able to know its position in the middle of this digital transformation phase to find the right strategy for future requirements. There are many papers that study about the digital transformation in many industries including banking, but the research about the parameter that can be used to define the future banking itself still few. The purpose of the study is to enrich the existing literature about the future banking by collecting the parameter for the future banking and answer the research question: How the future banking looks alike?\u0000\u0000\u0000Keywords: Future Banking, Digital Transformation, Open Banking, Banking Transformation, Indonesia Banking","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"163 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122849770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Realisation of Maqasid Al-Shariah Using Value-Based Intermediation in Islamic Banks: Acceptance or Refusal 伊斯兰银行价值中介对Maqasid Al-Shariah的实现:接受还是拒绝
13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES Pub Date : 2022-06-16 DOI: 10.35609/gcbssproceeding.2022.1(4)
Sharifah Faigah Syed Alwi, Aizurra Haidah Abdul Kadir
{"title":"Realisation of Maqasid Al-Shariah Using Value-Based Intermediation in Islamic Banks: Acceptance or Refusal","authors":"Sharifah Faigah Syed Alwi, Aizurra Haidah Abdul Kadir","doi":"10.35609/gcbssproceeding.2022.1(4)","DOIUrl":"https://doi.org/10.35609/gcbssproceeding.2022.1(4)","url":null,"abstract":"Value-Based Intermediation (VBI) is a strategy proposed by Bank Negara Malaysia (BNM) as an intermediary tool to deliver the maqasid al-shariah (intended outcomes of Shariah) through practices and products offerings in Islamic banks. However, in reality, VBI has not yet been fully accepted by all Islamic banks in Malaysia. Thus, the objective of this research is to investigate the reason(s) behind the acceptance and refusal of VBI among the Islamic Banks in Malaysia. This research had used the qualitative research methodology where semi-structured interviews were conducted with the shapers of VBI in Islamic banks or the dedicated officers in corporate social responsibility to gain information on the initiatives. This research shows that the Islamic banks which agree to implement VBI are purely supporting the BNM initiatives. However, the Islamic banks which refused to implement VBI feel that their banks had adopted a similar concept, idea or strategy as VBI much earlier in order to achieve maqasid al- shariah. It is recommended for BNM to revise and customize VBI in accordance with the Malaysian context and culture in order for it to be fully accepted by all Islamic banks and be able to avoid any conflicts between the regulator and practitioners.\u0000Keywords: Islamic banking; Maqasid-al Shariah; Value Based Intermediation","PeriodicalId":340394,"journal":{"name":"13th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127207148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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