This paper investigates the impact of oil price on the stock returns of eight economic sectors namely; Construction (CON), Consumer (CSU), Finance (FIN), Industrial (IND), Plantation (PLN), Property (PRP), Services (SER), and Mining (MIN). By employing the Augmented Capital Asset Pricing Model (A-CAPM), two tests were conducted. The first tests on symmetric relationship while the second detects the presence of an asymmetric relationship. The estimated results from Test 1 documented insignificant results in all sector analyses. These findings signified that the stock returns were not exposed to oil price shocks. The estimated results of Test 2 indicated the presence of one significant result in industrial (IND) analysis. In particular, the returns of the IND sector were negatively exposed to change in oil price, and it was more significant during periods of oil price increased. In other word, the event of oil price increased significantly reduced the returns of the IND sector. Keywords.....

6 hits

Tujuan utama kajian adalah untuk mengenalpasti perbandingan antara ragam hias gunungan pada mihrab dan mimbar di Acheh dan di Tanah Melayu. Melalui penyelidikan ini, ragam hias gunungan subjek kajian telah dilakar semula dengan aplikasi perisian Adobe Ilustrator CS3. Satu kerangka Jadual Komponen Ragam Hias Gunungan Mimbar telah diterjemahkan untuk memudahkan proses menganalisis data secara kajian perbandingan. Kerangka jadual tersebut terdiri daripada komponen motif bunga mahkota, secara bunga, dan daun yang dipaparkan lakaran visual. Dapatan kajian mendapati, motif teratai amat dominan diserlahkan pada bahagian bunga mahkota gunungan. Justifikasi daripada kajian ini diharapkan dapat melestarikan seni ukiran dalam usaha memperkaya khazanah budaya di Alam Melayu. Selain menyumbang kepada perkembangan bahan dan kandungan dalam konteks ragam hias, kajian ini sesuai dijadikan rujukan oleh pengkaji budaya yang berhasrat untuk menjalankan penyelidikan dalam bidang ini. Maklumat yang diperol.....

5 hits

Kajian ini bertujuan mengukur kesan Model Pentaksiran Prestasi Bagi Pengukuhan Pengajaran Sains (ForPS) bagi topik "Matter" dalarn kalangan pelajar tingkatan satu. Keberkesanan model telah diukur dengan menggunakan Ujian Pemaharnan Konsep Sains, Ujian Sikap Terhadap Pengajaran dan Pembelajaran Sains dan Ujian Kemahiran Proses Sains Bersepadu. Kajian ini menggunakan kaedah Kuasai Eksperimen dengan reka bentuk Kumpulan Kawalan Tidak Serupa melibatkan Ujian Pra dan Pos bagi Kumpulan Eksperimen (Model ForPS) dan Kumpulan Kawalan, manakala temu bual dan pemerhatian pula hanya digunakan di peringkat akhir kajian bagi menilai tahap kemahiran menyiasat empat orang pelajar yang dipilih secara persampelan bertujuan. Seramai 136 orang pelajar tingkatan satu telah dipilih secara rawak dari empat buah sekolah Menengah Harian dalarn Daerah Kinta Utara di negeri Perak. Model ForPS terdiri daripada empat peringkat utama iaitu Fasa 1: Dorongan, Fasa 2: Penemuan, Penerokaan dan Kreativiti, Fasa 3: Cadan.....

6 hits

Principals_ management and leadership were perceived as the main factors to ensure school effectiveness and had significant impact on students, not directly but indirectly. The purpose of this study was to assess relationship between leadership styles of principals_ and students_ motivation levels with academic achievements of students in secondary schools in the Serian district of Sarawak. A questionnaire that contained 41 items was used to collect data from 302 samples. The descriptive findings of the study showed that 48.4% of the samples lived in families consisting of six and more family members and 81.8% of the families had an average monthly income of less than RM1,000 which was within the national rural poverty level. Analyses conducted showed that the principals favored transactional and transformational leaderships with means of 17.93 and 17.82 respectively. The Pearson Correlation analyses showed there were significant relationships between principals_ leadership styles and .....

6 hits

This case study research aims at giving a description of whether the written curriculum and the  operational curriculum provides scope and opportunity for the development of higher order thinking  skills among students enrolled in Medical Assistant Training Program. The study proceeds with an  evaluation of curriculum coherence between the written and operational curriculum on the infusion  of higher order thinking skills by using Stake Countenance Model. The nature of problem evolves  around the inability of fresh graduates to function in real life situations that leads to  questioning the effectiveness of the training model which presents a gap between the learnt and  written curriculum. The study explores the curriculum's content for the infusion of higher order  thinking skills, whilst lecturers' understanding, planning and delivery of higher order thinking  skills is done through interview, content analysis of the instructional plan and observation of  classroo.....

5 hits

5 hits

In Malaysia_s life long learning effort and policy to help working adults, a leadership development program was designed to help beginning and incumbent headteachers upgrade their knowledge and skills. While accomplishing this program in Sultan Idris Education University, many of the adult learners encountered critical incidents of life and death that could make or break their spirit and learning ability. The main purpose of this study was aimed at exploring the critical incidents of life and death that shape headteachers_ learning abilities in completing the first degree of management education. A critical incidents research paradigm was used. The data used in this exploration was collected mainly through self-reflective assignment and in-depth interviews from headteachers who had rose above life situations such as difficult child birth, battling cancer, Parkinson disease, accidents, kidnapping and other critical incidents while being adult learners. The research result yielded severa.....

5 hits

This research will focus on the relationship between the development of stock market and macroeconomic variables in Malaysia. Generally, the purpose of this research is to observe this relationship in the Malaysian context. In order to achieve the objective, Vector Auto Regression (VAR) estimation method was applied on the created research model. The variables involved in this research were the FBM Emas Shariah index (FBMES) used as proxy for Islamic stock market, FBM Kuala Lumpur Composite Index (FBMKLCI) used as proxy for conventional stock market, Industrial Production Index (IPI), Consumer Production Index (CPI), Aggregate Money Supply (M3), Islamic Inter Bank Rate (IIR), Treasury Bill Rate (TBR) and Exchange Rate of Malaysian Ringgit-United States Dollar. This research utilised monthly data from January 2007 to December 2011 taken from authorized sources. The findings showed that stock prices in Malaysia (Islamic and conventional) are co-integrated with the selected macroeconomic .....

5 hits

The openness declared in Malaysia aims to strengthen the economic interlinkages with other economies and enhancing the role of the liberalization itself as a key enabler and mechanism of economic growth.The main concern of this study is to examine the correlation between financial openness towards economy and the total output growth. Primary attention has been given, for not just focusing on country level but also going in depth into manufacturing industry level to look at this relationship based on Malaysia experience. By using de facto financial openness, the result shows that financial openness is significant for both in country and industry level and support that the volume of country_s assets and liabilities did impact on economy and output growth. However, in Granger causality test the significant level only shows on a country level. Keywords Financial openness, output growth, economic growth, manufacturing...

11 hits

Healthcare industry itself is moving forward toward preparing lower cost of material, cheaper price, JIT deliveries, and elimination of waste and defects in many aspects of the activity or operation, and strengthening relationships with vendors, and ultimately producing high quality products and customers services better than competitors. A survey through questionnaire was conducted to determine the level of lean healthcare practices. 128 sets of questionnaire were successfully collected that brought to 40.4% response rate. Structural equation modeling technique was adopted to analyze the data gathered from the survey. Hence, this study produces implications on theory and management and provides a practical guide for healthcare practitioners to enhance their organizational performance through the implementation of lean healthcare practices. This paper presents finding of Exploratory Factor Analyses (EFA), Confirmatory Factor Analysis (CFA), and reliability analysis empirically verified.....

11 hits