Shaista Wasiuzzaman and Kean Hua Lim
The ineffectiveness of external governance mechanisms (laws and regulations) designed to curb insider trading in Malaysia leads this study to focus on the role of internal…
Abstract
Purpose
The ineffectiveness of external governance mechanisms (laws and regulations) designed to curb insider trading in Malaysia leads this study to focus on the role of internal governance of firms in helping to reduce insider trading incidences. The purpose of this paper is to investigate the influence on institutional shareholders on insider trading activity.
Design/methodology/approach
The study uses data collected from a sample of 115 firms listed on the Bursa Malaysia over a five-year period (from year 2010 to 2014). Ordinary least squares technique is used to achieve the objective of this study.
Findings
The findings of this study points toward asymmetric information as a motivator for insider trading activity. Unlike previous studies which find the presence of institutional investors helping to reduce insider trading, this study finds results to the contrary.
Originality/value
This study focuses on the influence of institutional shareholdings on insider trading. The results provide more insight into the effectiveness of the role of institutions in curbing insider trading and suggest a closer monitoring of institutional shareholders.
Details
Keywords
Nila Armelia Windasari, Halim Budi Santoso and Jyun-Cheng Wang
Creating memorable tourism experiences (MTE) is vital to obtain sustained tourism visits. In the digital era, infusions of various digital technologies in tourism services without…
Abstract
Creating memorable tourism experiences (MTE) is vital to obtain sustained tourism visits. In the digital era, infusions of various digital technologies in tourism services without admitting tourist emotions could jeopardize the experience. Drawing from a Service-Dominant Logic (S-DL) perspective, this study explains the complexity of digital tourism experience in the service system view, highlighting the importance of emotions as resources. It is composed of actors' orchestrations, connected by shared emotions, and enabled by sensory stimuli facilitated by the digital tourism ecosystem throughout the tourism journey. This study proposes a Memorable Digital Tourism Experience (MDTE) framework by identifying the focal actors, recognizing the emotions, and determining the moderating role of sensory stimuli enabled by various novel technologies. At last, several agenda and practical guidelines are proposed on how to operationalize the framework and different methodologies to explore Memorable Digital Tourism Experience.
Details
Keywords
Md Moazzem Hossain, Md Mustafizur Rahaman, Md Jahidur Rahman, Aklema Choudhury Lema and Abeer Hassan
The purpose of this study is to explore the COVID-19 responses of Australian public universities, specifically the actions and measures taken to assist staff, students and the…
Abstract
Purpose
The purpose of this study is to explore the COVID-19 responses of Australian public universities, specifically the actions and measures taken to assist staff, students and the wider community.
Design/methodology/approach
The study uses widely used content analysis to investigate the measures taken by these universities to support staff, students and the broader community, based on data from 37 Australian public universities’ published websites.
Findings
The findings show that during the COVID-19 pandemic, Australian public universities provided immediate assistance to students, faculty and the community. As part of their unanticipated COVID pandemic, they implemented online teaching, financial assistance, mental health support and COVID-19-related initiatives. In comparison to non-Go8 universities, the Group of Eight (Go8) universities demonstrated greater resources in delivering these initiatives.
Practical implications
Given the integral role of universities in the Australian economy and society, this research contributes to our understanding of how these institutions navigate unprecedented COVID-19 situations while considering the needs of staff, students and the broader community.
Originality/value
Universities in Australia have played an important role in the economy and society of the country. This paper is one of the first to look at how Australian universities were dealing with the unprecedented COVID-19 situation while taking into account all stakeholders, including staff, students and society.
Details
Keywords
Kangning Wei, Yuzhu Li, Yong Zha and Jing Ma
The purpose of this paper is to compare the relative impacts of trust and risk on individual’s transaction intention in consumer-to-consumer (C2C) e-marketplaces from both the…
Abstract
Purpose
The purpose of this paper is to compare the relative impacts of trust and risk on individual’s transaction intention in consumer-to-consumer (C2C) e-marketplaces from both the buyers’ and the sellers’ perspectives.
Design/methodology/approach
Two surveys were used to collect data regarding buyers’ and sellers’ perceptions and transaction intentions at a typical C2C e-marketplace. Partial least squares was used to analyze the data. A complementary qualitative study was conducted to triangulate the results from the quantitative study.
Findings
Institution-based trust (IBT) exerts a stronger influence on transaction intentions for buyers than for sellers. Sellers perceive a stronger impact of trust in intermediary (TII) than buyers on transaction intentions. The impacts of perceived risk in transactions are not different between buyers and sellers. Furthermore, IBT mediates the impacts of TII and perceived risk on transaction intentions for buyers.
Research limitations/implications
The results indicate that the impacts of trust and risk on transaction intention in e-marketplaces do differ between buyers and sellers. This suggests a need to further investigate the buyer–seller difference in online transactions.
Practical implications
Intermediaries need to focus on different types of trust-building mechanisms when attracting buyers and sellers to make transactions in the e-marketplace.
Originality/value
C2C e-marketplaces cannot survive without participation from both buyers and sellers. Most prior research is conducted from the buyers’ perspective. This research sets a starting point for future research to further explore the differences between buyers’ and sellers’ behavior in C2C e-commerce environments.