Saima Yaqoob, Jaharah A. Ghani, Nabil Jouini, Shalina Sheik Muhamad, Che Hassan Che Haron and Afifah Juri
This study aims to investigate the machining performance of CVD-coated carbide tools by considering most crucial machinability aspects: cutting force, tool life, surface roughness…
Abstract
Purpose
This study aims to investigate the machining performance of CVD-coated carbide tools by considering most crucial machinability aspects: cutting force, tool life, surface roughness and chip morphology in high-speed hard turning of AISI 4340 alloy steel under a sustainable minimum quantity lubrication (MQL) environment.
Design/methodology/approach
The purpose of this study is to analyze the performance of coated carbide tools under MQL environment therefore, machining tests were performed in accordance with the Taguchi L9 orthogonal array, accommodating the three crucial machining parameters such as cutting speed (V = 300–400 m/min), feed rate (F = 0.1–0.2 mm/rev) and depth of cut (DOC = 0.2–0.4 mm). The measured or calculated values obtained in each experimental run were validated for normality assumptions before drawing any statistical inferences. Taguchi signal-to-noise (S/N) ratio and analysis of variance methodologies were used to examine the effect of machining variables on the performance outcomes.
Findings
The quantitative analysis revealed that the depth of cut exerted the most significant influence on cutting force, with a contributing rate of 60.72%. Cutting speed was identified as the primary variable affecting the tool life, exhibiting a 47.58% contribution, while feed rate had the most dominating impact on surface roughness, with an overall contributing rate of 89.95%. The lowest cutting force (184.55 N) and the longest tool life (7.10 min) were achieved with low machining parameters at V = 300 m/min, F = 0.1 mm/rev, DOC = 0.2 mm. Conversely, the lowest surface roughness (496 nm) was achieved with high cutting speed, low feed rate and moderate depth of cut at V = 400 m/min, F = 0.1 mm/rev and DOC = 0.3 mm. Moreover, the microscopic examination of the chips revealed a serrated shape formation under all machining conditions. However, the degree of serration increased with an incremental raise with cutting speed and feed rate.
Research limitations/implications
The study is limited to study the effect of machining parameters within the stated range of cutting speed, feed rate and depth of cut as well as other parameters.
Practical implications
Practitioners may consider to adopt this machining technique to create more sustainable working environment as well as eliminate the disposal cost of the used metal cutting fluid.
Social implications
By applying this machining technique, diseases caused by metal cutting fluid to the mechanist will be significantly reduced, therefore creating better lifestyles.
Originality/value
Hard turning is commonly carried out with advanced cutting tools such as ceramics, cubic boron nitride and polycrystalline cubic boron nitride to attain exceptional surface finish. However, the high cost of these tools necessitates exploration of alternative approaches. Therefore, this study investigates the potential of using cost-effective, multilayer-coated carbide tools under MQL conditions to achieve comparable surface quality.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-01-2024-0013/
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Shakeel Riaz, Talat Hussain and Noman Arshed
The purpose of this study is to explore how changes in customer deposits influence the banking profits. The banking sector’s growth-promoting role is supported by its ability to…
Abstract
Purpose
The purpose of this study is to explore how changes in customer deposits influence the banking profits. The banking sector’s growth-promoting role is supported by its ability to perform the essential function of financial intermediation. However, Islamic banks go the extra mile by balancing the wealth of the rich and the poor and distributing risk more evenly. The effective operation of the services industry, including Islamic banks, depends on the active participation of their customers. Customers’ deposits in their accounts with Islamic banks are a crucial funding source. In actuality, two distinct sorts of demanding customers exist. Their expectations of the services provided by Islamic banks are different.
Design/methodology/approach
Panel quantile regression is applied using the collected data from Islamic banks’ audited financial statements for the time period from 2001 to 2021.
Findings
This study is expected to provide the breakdown of shares of current and saving deposits for Islamic banks, which supports managing liquidity risk. This breakdown will help the policymakers lay down a framework for managing the share of current and saving deposits in their favor.
Research limitations/implications
The study aims to empirically evaluate whether changes in the current and saving account patronization have a role in the liquidity risk. And determine how banks need to manage their deposit structure to manage liquidity.
Originality/value
Previous studies have been nose-dive in providing country-level comparisons of different types of deposits in the context of liquidity risk management.
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Priyanka, Shikha N. Khera and Pradeep Kumar Suri
This study aims to attempt to put forward a nuanced conceptual framework to develop a better understanding of the relationship between job crafting and employees’ turnover…
Abstract
Purpose
This study aims to attempt to put forward a nuanced conceptual framework to develop a better understanding of the relationship between job crafting and employees’ turnover intention, by bringing in “social exchange theory” perspective and proposing the mediating role of perceived organizational support (POS).
Design/methodology/approach
An extant review of literature was undertaken to identify and summarize the relevant findings on the topics of job crafting, POS and turnover intention, which further led to the development of hypotheses and the conceptual framework.
Findings
Results indicate that job crafting has a significant relationship with turnover intention with POS as an underpinning variable.
Practical implications
This study generates actionable insights and suggestions for the business leaders and practitioners, which can help them in handling the problem of rising employee turnover in today’s era marked by evolving attitudes and mindsets of the employees, along with the catalytic effects of pandemic and “Great Resignation”. Insights generated in this study for reducing dysfunctional employee turnover would have a stabilizing effect and lead society and business towards sustainable growth.
Social implications
Insights generated in this study for reducing dysfunctional employee turnover would have a stabilizing effect and lead society and business towards sustainable growth.
Originality/value
This study is original in three ways. Firstly, the study introduces a unique perspective by putting forward a conceptual framework nestled in the social exchange theory. Secondly, to the best of the authors’ knowledge, it is the first study to examine the role of POS as a mediator in the association between job crafting and turnover intention. Thirdly, by proposing POS as an outcome of job crafting, this study suggests a reciprocal relationship between job crafting and POS.
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Fahru Azwa Mohd Zain, Wan Amalina Wan Abdullah, Muhamad Nasyat Muhamad Nasir and Mohd. Faharizan Hassan
This study aims to develop a comprehensive sustainability performance index tailored for Takaful operators. It integrates Maqasid Al-Shariah’s principles with key stakeholders’…
Abstract
Purpose
This study aims to develop a comprehensive sustainability performance index tailored for Takaful operators. It integrates Maqasid Al-Shariah’s principles with key stakeholders’ expectations, ensuring a holistic evaluation of sustainability practices.
Design/methodology/approach
The index is formulated through a multi-step process, beginning with a thorough literature review to identify pertinent economic, social, environmental and religious indicators. Using a Multi-Attribute Utility Theory approach, the process incorporates expert consultations, stakeholder workshops and the analytical hierarchy process. The framework amalgamates diverse sustainability attributes, focusing on regulatory compliance, financial performance, customer satisfaction, workplace environment and community engagement. The final index is tested with data from various Takaful operators to validate its reliability and robustness.
Findings
The newly developed index effectively captures the multifaceted aspects of sustainability specific to Takaful operators, offering a balanced assessment across economic, social, environmental and religious dimensions. Findings suggest that while Takaful operators excel in community welfare and ethical compliance areas, there are notable gaps in integrating environmental and social governance factors. The index successfully highlights these gaps, providing a structured framework to enhance the sustainability practices of Takaful operators. Initial applications of the index reveal significant variability in sustainability performance among Takaful operators, pointing to areas needing improvement.
Research limitations/implications
The development of the index is limited by the availability and quality of data from Takaful operators. Future research should aim to improve data collection methods and expand the index’s application to a broader range of operators.
Practical implications
Takaful operators can use the index as a transparent and objective tool to evaluate and improve their sustainability practices, facilitating better decision-making and strategic planning towards achieving sustainable development goals.
Social implications
By incorporating Maqasid Al-Shariah and stakeholder perspectives, the index promotes socially responsible and ethically sound business practices within the Takaful industry, aligning with broader societal values and expectations.
Originality/value
This paper introduces the first comprehensive sustainability performance index specifically designed for Takaful operators, integrating religious principles with conventional sustainability metrics. The index provides substantial value for researchers, practitioners and policymakers dedicated to enhancing sustainability in the Islamic finance sector.
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Seyi S. Stephen, Ayodeji E. Oke, Clinton O. Aigbavboa, Opeoluwa I. Akinradewo, Pelumi E. Adetoro and Matthew Ikuabe
The implementation of value management (VM) principles in stealth construction projects is explored comprehensively in the chapter. It elucidated how VM positively influences…
Abstract
The implementation of value management (VM) principles in stealth construction projects is explored comprehensively in the chapter. It elucidated how VM positively influences various facets of construction, including environmental protection, health and safety, project delivery duration, economy, and aesthetics. Applying VM techniques, such as proactive risk management, resource optimisation, and stakeholder collaboration, is essential for achieving project objectives while ensuring sustainability, efficiency, and stakeholder satisfaction. Furthermore, the chapter emphasises VM’s benefits, challenges, and relevance across all stages of the construction lifecycle, from pre-construction planning to post-construction evaluation, underscoring its integral role in driving continuous improvement and innovation in the construction industry. Overall, the discourse emphasises the importance of VM in optimising outcomes and maximising value in stealth construction projects.
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Mustafa Faza', Nemer Badwan and Montaser Hamdan
This study aims to conduct a review and analysis of the literature on Shariah audit compliance by examining the difference between internal and external auditors, the scope of…
Abstract
Purpose
This study aims to conduct a review and analysis of the literature on Shariah audit compliance by examining the difference between internal and external auditors, the scope of internal Shariah audits and the qualification of Shariah auditors.
Design/methodology/approach
The current study used content analysis and the descriptive approach to achieve the main objective of the study. To ensure that Islamic Financial Institutions’ (IFIs) practices preserve Shariah principles and values when providing Shariah-compliant products and services, this audit will be used to supervise and monitor the operations of IFIs. The main goal of Shariah compliance auditing is to protect the interests of IFIs stakeholders, including account holders, shareholders, creditors, management and employees, as well as the general public while ensuring that the mechanisms of checks and balances in place are appropriate and tailored to the goals and missions of its establishment following the Maqasid Al-Shariah.
Findings
The findings of this study attempt to contribute to the body of knowledge surrounding Shariah audit compliance by advising IFIs on the value of Shariah compliance auditing in addressing the needs of its stakeholders. As a result, the benefits of Shariah compliance audits will be maximized, and future legislative changes will be implemented to reduce or completely remove the risk of Shariah’s failure to comply.
Practical implications
This research advises IFIs on the usefulness of Shariah compliance auditing in addressing the demands of its stakeholders to add to the body of knowledge on Shariah audit compliance. Moreover, all parties involved to take action to reduce the gap that will significantly affect stakeholders’ confidence, particularly concerning the Shariah compliance of the IFIs’ products and services on their operations and activities.
Originality/value
The advantages of Shariah compliance audits will thus be maximized, and future regulatory improvements will be made to lessen or eliminate the danger of Shariah noncompliance.
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Seyi S. Stephen, Ayodeji E. Oke, Clinton O. Aigbavboa, Opeoluwa I. Akinradewo, Pelumi E. Adetoro and Matthew Ikuabe
The chapter explored integrating smart construction techniques in achieving stealth construction objectives, emphasising the development of building cross-sections, visibility…
Abstract
The chapter explored integrating smart construction techniques in achieving stealth construction objectives, emphasising the development of building cross-sections, visibility management, energy transmission optimisation, and countermeasure implementation. It delved into the multifaceted aspects of smart construction towards achieving stealth construction goals, including environmental protection, enhanced construction safety, accelerated construction duration, cost-effectiveness, and aesthetic considerations. Furthermore, the chapter underscores the importance of leveraging innovative approaches and advanced technologies to meet the evolving demands of stealth construction projects and pave the way for sustainable, safe, and aesthetically pleasing built environments.
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Marina Mohamed and Norhazlina Ibrahim
This study aims to examine the Shariah non-compliance (SNC) disclosure index for all 16 Malaysian Islamic banks from 2015 to 2020.
Abstract
Purpose
This study aims to examine the Shariah non-compliance (SNC) disclosure index for all 16 Malaysian Islamic banks from 2015 to 2020.
Design/methodology/approach
A qualitative research methodology was adopted that included content analysis. The data were gathered from banks’ annual reports from 2015 to 2020. To achieve this, firstly, the disclosure index was developed by examining the disclosure requirements of the regulator and previous studies. The index was then used to measure the level of disclosure index for all these banks.
Findings
The overall average SNC disclosure index for the Islamic banks from 2015 to 2020 remained low at 0.57. However, the values were comprised of mandatory and voluntary items. For the former, the SNC disclosure index was quite high at 0.82, but for the voluntary items, the value was 0.40. Progressive improvement can be observed in the disclosure practices of the majority of the Islamic banks between 2015 and 2020; nevertheless, certain banks displayed a deterioration in their disclosure practices.
Research limitations/implications
This study has several limitations, including the index used, the research period and the fact that it was restricted to SNC events.
Practical implications
These findings add value for information users by assuring them of the accountability of Islamic banks in terms of transparency, as well as their effectiveness in managing and mitigating SNC events. Regular monitoring and strong enforcement by the regulator are essential to achieve full compliance with the stipulated requirements.
Originality/value
This study offers a disclosure index for analysing SNC events in depth by segregating the disclosure into mandatory and voluntary items for each Islamic bank and making recommendations for future research. In addition, it provides a broad overview of current trends in SNC and the associated issues, as well as insights for regulators and the public in terms of the transparency levels of Islamic banks in relation to SNC event disclosure.
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Sérgio Adriany Santos Moreira and Silvia Dallavalle
This study aims to perform a bibliometric and systematic literature review (SLR) to elucidate the current landscape and to propose a framework that defines and explores research…
Abstract
Purpose
This study aims to perform a bibliometric and systematic literature review (SLR) to elucidate the current landscape and to propose a framework that defines and explores research strands to guide the formulation of business process management (BPM) strategies anchored in digital innovations.
Design/methodology/approach
A bibliometric analysis of 238 papers from the last 10 years (2014–2023) that were correlated to BPM strategies and digital innovations was conducted. Additionally, a SLR was performed on 15 selected papers, making it possible to propose a framework that explored research strands through the content analysis.
Findings
A framework comprising eight research strands (value creation; ambidexterity; governance; agility in processes; strategic process management; external context and culture and integrated systems) was developed. It proposes a research agenda and provides valuable insights as a reference for formulating BPM organizational strategies anchored in digital innovations.
Research limitations/implications
This study acknowledges the limitation of utilizing a single software for bibliometric analysis. The framework developed in this study has not yet been validated.
Practical implications
This paper provides insights to assist managers in comprehending BPM strategies anchored in digital innovations and calls for organizations to prepare for future digital needs.
Social implications
This paper contributes to advancing our understanding of BPM aligned with the demands of a digital age society.
Originality/value
The developed framework sheds light on the current landscape and research strands that explore the association between digital innovations and BPM strategies. This provides a valuable opportunity for future qualitative and quantitative studies to explore the eight research strands presented in the framework.
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Adriana Bruscato Bortoluzzo, Antonio Zoratto Sanvicente and Maurício Mesquita Bortoluzzo
This study explores distinct capital structure patterns between private and public companies, examining the varying influence of determinants on debt choices contingent upon a…
Abstract
Purpose
This study explores distinct capital structure patterns between private and public companies, examining the varying influence of determinants on debt choices contingent upon a firm’s existing debt position.
Design/methodology/approach
Employing annual data from 2012 to 2022 for 142 public firms and 660 private firms in a large emerging economy, we use quantile regression within a panel data framework to study the heterogeneous effects of debt determinants, incorporating firm and time random effects.
Findings
Our findings indicate that such factors as size and operating margin contribute to higher levels of debt, while investment opportunities reduce the debt level. Further analyses, when accounting for a firm’s likelihood of being publicly traded, reveal that dividend payout and operating margin significantly influence debt levels, exclusively in the presence of high debt proportions. Conversely, investment opportunities emerge as a substantial determinant in all debt scenarios. In addition, we found a strong persistence in the indebtedness of companies, and we conclude that the effect of the determinants of indebtedness is heterogeneous according to the level of debt of companies.
Originality/value
This research provides a comprehensive comparison between private and public firms, not only in terms of debt levels but also in key capital structure determinants, highlighting their significance within the context of varying debt levels.