Sangosanya, Taofeek Adeyemi¹ ; Saraih, Ummi Naiemah² ; Bakar, Rosni^3
1-3 School of Business Innovation & Technopreneurship, Universiti Malaysia Perlis
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ABSTRACT

This study focuses on cosmetics industry in Malaysia, considering the rapid growth in both consumption and the expenditure on cosmetics products across Malaysia. This signifies a wide market for cosmetic products and paving way for the emergence of new entrepreneurs in the industry. Considering the failure rate of the new emerging entrepreneurs in the cosmetics industry and the limited number of studies that considered behavioural factors as the determinants of entrepreneurial success, this study emerges to examine the effect of career commitment as a behavioural factor on both extrinsic and intrinsic success of entrepreneurs in the Malaysian cosmetic industry. The sample for this study is derived from the total population of registered cosmetics manufacturers obtained from the National Pharmaceutical Regulatory Agency (NPRA). The population size is found to be 3014 and a sample of 301 is utilized for this study. The Partial Least Squares Structural Equation Modelling (PLS-SEM) modelling technique is used for testing the study hypotheses. The results indicated that there was a positive relationship between career commitment and extrinsic entrepreneurial success (β = 0.544, t= 15.892, P< 0.000) as well as intrinsic entrepreneurial success (β= 0.299, t= 6.335, p<0.000). Thus, this study suggests that career commitment among cosmetics entrepreneurs in Malaysia will positively influence the success of both types of entrepreneurial success (i.e. the extrinsic and intrinsic goals of entrepreneur.

Keywords: Entrepreneur; Career Commitment; Extrinsic Success; Intrinsic Success; Cosmetics Industry

Awadh Saeed Bin-Dohry¹ , Hanita Binti Kadir² , Sharmilawati Binti Sabki^{3  
1-3} School of Economics, Finance and Banking, Universiti Utara Malaysia
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ABSTRACT

This study aims to develop a conceptual framework of the determinants that encourage firms to have an additional listing. Particularly, this study highlights the global business strategy approach as an underpinning theory to explain the dual listing phenomenon, which considers listing abroad as a part of a firm’s international strategies that cover finance, operation, marketing, investment, ownership, and control. In order to evaluate these determinants, this study implies the gravity model and Generalized Method of Moments (GMM) model to assess the strength of the market integration, stock liquidity, stock volatility, ownership concentration, reputation, and geographic proximity in the dual listing decision. These models will provide a good explanation about the firms' preference to have additional listing inside or outside the ASEAN region. The examination of this study differs from previous studies that focus on the impact of dual listing as this study emphasizes on the motivations that encourage firms to have additional listings abroad. To sum up, the suggested framework and model would enable a better understanding of the motivations for firms to have foreign listing abroad and identify the most popular determinants that encourage firms to have an additional listing of firms from integrated ASEAN markets.

Keywords: Dual listing, Listing abroad, Market integration, Motivation

Abdul Latif, F. D.¹, Saraih, U. N.² & Harada, Y.^3
1-3 School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis, Malaysia
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ABSTRACT

The government of Malaysia has identified several key digital areas to drive the growth in the Information and Communication Technology (ICT) industry. Given that, it becomes crucial to ensure that employees who worked in the ICT industry can be remained to realize the Malaysia aspiration. This calls for a study to examine some reasons to ensure that the ICT employees have less intention to turnover and leave the industry. Turnover intention and intention to quit have been used interchangeably by the previous scholars in the existing literature. Given that, this study is designed to investigate the effect of talent management (TM) on ICT employees’ turnover intention (TI). Additionally, employee engagement (EE) will be tested as a moderator for the relationship between talent management and ICT employees’ turnover intention. The findings of this study will first, assume that there is a high level of turnover intention among ICT employees in Malaysia. Second, the results will indicate that talent management is proven to affect turnover intention among employees in the Malaysian ICT industry. Third, the results will show that employee engagement moderates the relationship between talent management and turnover intention. Therefore, this study believes that the higher level of talent management within ICT organizations may be one of the best strategies to make ICT employees engage more; thus, can lower the level of turnover intention among them.

Keywords: Turnover Intention; Talent Management; Employee Engagement; Social Exchange Theory (SET); Malaysian ICT Industry