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 .....

11 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...

16 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.....

16 hits

Discovering the best model that is able to predict equity values that most closely approximate the actual equity values observed in the market place has always been an area of concern for financial analysts and other stakeholders. This paper tackles this issue by comparing various stock valuation models in terms of their relative forecast accuracy in the Malaysia context. The findings reveal that PE (Price-to-Earnings) model produced the lowest mean absolute forecast error for the overall sample companies as well as in the perspective of large firm size. The results indicate that PE model generally outperforms DGM (Dividend Growth) model and OCF (Operating Cash Flow) model and hence conclude that PE model is the most robust model among stock pricing models. As such, all stakeholders should focus more on information conveyed by earnings in order to enhance their forecast of stock prices. Keywords Forecast accuracy, Stock pricing models...

15 hits

15 hits

..

16 hits

..

17 hits

Art education at Shandong Museum has struggled to sustain engagement among primary-level learners. This study designed, implemented, and validated a Fun Learning Model (FLM) to advance creative pedagogy in a museum context. By adopting a qualitative single-case study, the research drew on semistructured interviews with museum educators and primary school art teachers, pupil focus groups, participant observations of programme sessions, document analysis, and expert assessments. Data were coded and thematically analysed in NVivo, with cross-source triangulation to enhance credibility. Findings indicate that the FLM_s five elements: Situation, Participation, Exploration, Interaction, and Collaboration, and its three strategies: Gamification, Multimedia Interaction, and Hands-on Experience, supported sustained attention, active participation, and creative expression, thereby strengthening perceived learning outcomes. Gamified and experiential tasks elicited higher engagement than passive v.....

22 hits

..

17 hits

Kajian ini bertujuan membangunkan kerangka pedagogi terbeza berasaskan pengetahuan dan kemahiran abad ke-21 dalam pengajaran Matematik di Sekolah Kurang Murid (SKM). Kajian Reka Bentuk dan Pembangunan (Design and Development Research, DDR) digunakan dan melibatkan tiga fasa, iaitu Fasa Analisis Keperluan (Fasa I), Fasa Reka Bentuk dan Pembangunan (Fasa II), serta Fasa Penilaian (Fasa III). Fasa I melibatkan 76 orang guru Matematik serta tinjauan literatur bagi mengenal pasti keperluan pembangunan kerangka berdasarkan model Dick dan Carey. Instrumen soal selidik yang digunakan mengandungi empat bahagian dengan lapan item bagi setiap bahagian. Dapatan analisis deskriptif menunjukkan keperluan yang tinggi untuk membangunkan kerangka tersebut (min = 4.02). Fasa II melibatkan 11 orang panel pakar dalam bidang Matematik sekolah rendah dan pedagogi berdasarkan pendekatan Richey dan Klein. Instrumen kajian merangkumi lima bahagian yang meliputi maklumat demografi dan elemen pedagogi terbeza. S.....

17 hits