Anis Chariri, Mohammad Nasir, Indira Januarti and Daljono Daljono
This study aims to examine the effect of institutional ownership, audit committee and types of industry on environmental investment. Furthermore, this research investigates the…
Abstract
Purpose
This study aims to examine the effect of institutional ownership, audit committee and types of industry on environmental investment. Furthermore, this research investigates the consequences of environmental investments on firm financial performance.
Design/methodology/approach
The sample consisted of 145 companies listed on the Indonesia Stock Exchanges and receiving PROPER awards issued by the Ministry of Environment, Republic of Indonesia in the year 2009-2015. The data were then analyzed using ordinal logistic regression and multiple regression.
Findings
The findings showed that environmental investment was significantly affected by types of industry. However, institutional ownership and audit committee did not influence environmental investment. Finally, the finding indicated that environmental investments positively affected firm financial performance.
Research limitations/implications
This research only covered companies listed on the Indonesia Stock Exchanges and receiving PROPER awards. Thus, the findings cannot be generalized for all companies in Indonesia and other markets.
Originality/value
This study is the first effort intended to investigate the determinants and consequences of environmental investment which have been ignored by previous studies, especially in the Asian emerging markets. This study at least provides us with two main contributions. First, the findings on determinants of environmental investment can be used by governments in Asian countries, especially Indonesia as a reference in making policies concerning the obligations of companies to the environmental problems. Second, the finding on the relationship of environmental investment and financial performance can be used by companies as strategies to generate profits without destroying the environment.
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Hyo Jung (Julie) Chang, Mohammad Abu Nasir Rakib, Md Kamrul Hasan Foysal and Jo Woon Chong
The comfort of apparel is not only a feeling of perception but also a tangible measure. The fit and fabric of clothing can exert a perception of comfort for the wearer, whereas…
Abstract
Purpose
The comfort of apparel is not only a feeling of perception but also a tangible measure. The fit and fabric of clothing can exert a perception of comfort for the wearer, whereas actual comfort largely depends on physiological and emotional soothing. However, there is still no solid work on connecting the bridge between physiological and emotional feelings to the comfort of clothing. In this study, we have conceptualized, formulated and proven the relation between physiological and emotional parameters with clothing fit and fabric to find the true comfort of the wearer.
Design/methodology/approach
A mixed-method research design using physiological and emotional parameters for different fabric and fit combinations were used for this study. The physiological comfort parameters (i.e. heart rate and respiration rate) are extracted from the subjects using gold-standard clinical devices for various fit and fabric combinations. For the emotional response, a survey was conducted for the same subjects wearing all the fit and fabric combinations. Statistical analysis and modeling were performed to obtain the results.
Findings
Physiological indicators such as heart rate are closely linked with user comfort. Due to the limitations in environmental control, the physiological changes obtained did not significantly vary for different fabric and fit combinations of the clothing. However, a significant change in emotional response indicated a definite relationship between different fabric and fit types. Based on the participants’ responses, weather conditions, size of the clothing item, types of fabrics and style also influence the participants’ choice of clothing.
Originality/value
The research was conducted to discover the relation between true comfort (physiological and emotional parameters) and clothing (fit and fabric), which is unique to the field. This study closes the gap and builds up the relationship, which can help introduce clothing comfort to users in the future. The findings of this study help us understand how fabric types (natural or synthetic) and clothing fit types (loose or fitted) can affect physiological and emotional responses, which can provide the consumer with satisfactory clothing with the suitable properties needed.
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In Bangladesh, there are only 0.2 million Internet users out of a population of 140 million. Because there is a lack of academic research on Internet usage, the prime objective of…
Abstract
In Bangladesh, there are only 0.2 million Internet users out of a population of 140 million. Because there is a lack of academic research on Internet usage, the prime objective of this study is to report the level of Internet use by university academics for their information and communication needs. The study also sought to find out whether differences exist among the various levels of academics in terms of their use of the Internet. Six categories of information and communication needs were identified and a survey conducted among the lecturers of Rajshahi University where the Internet was introduced in 2001. Findings showed that Internet use by academics is useful for some common needs and that the academic rank of users is an important factor in determining the priority of needs. It also showed that there are some barriers to adequate use of Internet resources. Suggestions are made for increased use of the Internet, to benefit the nation as a whole.
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Muhammad Shahrul Ifwat Ishak and Nur Syahirah Mohammad Nasir
The purpose of this study is to analyse potential models of Islamic crowdfunding as an alternative financing option for micro-entrepreneurs in Malaysia. While crowdfunding has…
Abstract
Purpose
The purpose of this study is to analyse potential models of Islamic crowdfunding as an alternative financing option for micro-entrepreneurs in Malaysia. While crowdfunding has gained traction as an alternative funding source for businesses, it is unclear how far this concept can benefit a group of micro-entrepreneurs in Malaysia.
Design/methodology/approach
This study uses a qualitative research approach by using data collected through semi-structured interviews with several experts and practitioners in crowdfunding, Shariah and entrepreneurship. Prior to discussing the facets of the findings, the data were analysed based on a thematic approach.
Findings
The findings reveal that while previous works of related literature suggest crowdfunding as a viable alternative financing option for entrepreneurs and their businesses, in reality, its practical implementation presents challenges. Numerous micro-entrepreneurs need more training in the areas of management and marketing. Such concerns raise questions about their ability to attract potential project backers. With the proper selection of Shariah contracts and several approaches to risk management, Islamic crowdfunding can potentially become an alternative funding source for microbusinesses.
Research limitations/implications
Given the exploratory nature of this study regarding the applicability of Islamic crowdfunding as an alternative fund for micro-entrepreneurs, its findings may not fully encompass Malaysia’s context because of the limited number of participants involved.
Practical implications
The findings of this study offer guidelines on how to implement Islamic crowdfunding for micro-entrepreneurs. Consequently, Islamic crowdfunding has the potential to alleviate the government’s burden of providing funds for micro-enterprises and enhance their skills and mentality to be more independent, creative and able to promote their products.
Social implications
While Islamic crowdfunding can be an alternative opportunity for business enterprises and community-based projects, it promotes the spirit of cooperation and collaboration within society.
Originality/value
Although Islamic crowdfunding is a topic that has been discussed previously, empirical investigations in this area remain scarce, mainly through qualitative approaches. Distinguishing from prior literature, this study analyses several potential models of Islamic crowdfunding from the perspectives of experts, practitioners and related agencies for micro-entrepreneurs. Moreover, this study bridges insights from related literature so that they offer practical applications to support micro-entrepreneurs in Malaysia.
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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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Mohammad Nasir Yaqub and Brian H. Kleiner
Looks at the historical development of the “oath” before discussing developments in organizational behaviour and the atmosphere of the justice system. Considers the law and…
Abstract
Looks at the historical development of the “oath” before discussing developments in organizational behaviour and the atmosphere of the justice system. Considers the law and psychology and the cross examination of witnesses. Looks at the difference between perjury and deception.
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Md. Abu Hasnat, Hissan Khandakar, Md. Azizur Rahman, SM Nahidul Islam and Khandakar Kamrul Hasan
This study aims to analyse the research themes in Islamic finance, assess the extent to which Sustainable Development Goals (SDGs) can be achieved through implementing Islamic…
Abstract
Purpose
This study aims to analyse the research themes in Islamic finance, assess the extent to which Sustainable Development Goals (SDGs) can be achieved through implementing Islamic financial principles and explore the potential for reshaping human behaviour under an Islamic framework. The research aims to establish a paradigm that evaluates the role of Islamic finance in fostering social justice, environmental sustainability and ethical governance as a sustainable alternative to the capitalist system.
Design/methodology/approach
This research employs a comprehensive literature review and thematic analysis to assess the alignment of Islamic finance with SDGs. Secondary data from peer-reviewed academic articles (2016–2024) were collected and analysed using an inductive thematic approach. Key themes include Islamic finance, maqasid ash-shariah and the role of Islamic finance in sustainable development. A conceptual framework is proposed to depict how Islamic financial practices can contribute to the SDGs.
Findings
The study identifies that Islamic finance, rooted in Shariah principles, offers a robust foundation for fostering social justice, ethical governance and environmental sustainability. By integrating zakat, donations, private investments and socially responsible investments, the Islamic financial model aligns with SDGs, addressing poverty (SDG 1), reducing inequality (SDG 10) and promoting sustainable economic growth (SDG 8). The findings underscore the potential of Islamic finance to address capitalism’s shortcomings, such as income inequality and unsustainable practices, while advocating for a paradigm shift in human behaviour through adherence to Islamic values.
Practical implications
Policymakers and financial institutions can leverage the insights from this research to design and implement Islamic financial models that promote equitable resource allocation, sustainable development and ethical practices. The framework offers a practical guide for integrating Islamic finance into conventional financial systems to achieve SDGs.
Originality/value
The study contributes to the existing literature by presenting a novel conceptual framework that integrates Islamic finance with sustainable development goals. It offers a unique perspective on transitioning from capitalism to an Islamic financial model, emphasizing behavioural and ideological changes to achieve equitable and sustainable economic outcomes.
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Mohammad Nasir Uddin and Paul Janecek
Development of an effective search system and interface largely depends on usability studies. The aim of this paper is to present the results of an empirical evaluation of a…
Abstract
Purpose
Development of an effective search system and interface largely depends on usability studies. The aim of this paper is to present the results of an empirical evaluation of a prototype web site search and browsing tool based on multidimensional taxonomies derived from the use of faceted classification.
Design/methodology/approach
A prototype Faceted Classification System (FCS), which classifies and organizes web documents under different facets (orthogonal sets of categories), was implemented on the domain of an academic institute. Facet are created from content oriented metadata, and then assembled into multiple taxonomies that describe alternative classifications of the web site content, such as by subject and location. The search and browsing interfaces use these taxonomies to enable users to access information in multiple ways. The paper compares the FCS interfaces to the existing single‐classification system to evaluate the usability of the facets in typical navigation and searching tasks.
Findings
The findings suggest that performance and usability are significantly better with the FCS in the areas of efficient access, search success, flexibility, understanding of content, relevant search result, and satisfaction. These results are especially promising since unfamiliarity often leads users to reject new search interfaces.
Originality/value
The results of the study in this paper can significantly contribute to interface research in the IR community, emphasizing the advantages of multidimensional taxonomies in online information collections.
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Mohammad Nasir Uddin, Mohammed Quaddus and Shamsul Islam
To evaluate the magnitude of public library uses and resulting values among the general people with associated socio‐economic‐cultural features of Bangladesh and thus to indicate…
Abstract
Purpose
To evaluate the magnitude of public library uses and resulting values among the general people with associated socio‐economic‐cultural features of Bangladesh and thus to indicate strategies for better library impact in societal, cultural and economic development.
Design/methodology/approach
Primary data were collected from the users of four public libraries in the cities of Dhaka and Rajshahi considering rich library profiles and wide variety of users. Interviews were conducted based on a structured questionnaire by visiting the sample libraries that also result in studying the users and libraries closely.
Findings
Some factors like age, income, education, and gender are very important in using public library in relation to particular socio‐economic features of Bangladesh. Though the study reveals dissatisfaction in library resources, it shows a strong library impact on recreation and culture, self‐learning, social welfare, and on economic development of the country. The findings lead some recommendations for improved utilization of library.
Research implications/limitations
The paper provides focus on studying the demographic variables of users to measure public library values and benefits in the areas of learning, recreation, culture, social welfare, and development.
Practical implications
Concerned authorities should come forward to minimize the funding and administrative barriers to make public library exclusively worthy to all with quality access.
Originality/value
Studying social factors are unavoidable to understand the magnitude of social inclusiveness of libraries and their strength of impact, and importantly, to ascertain the ways of comprehensive access to libraries by acquiring indication of realistic policy implementation from empirical evidence.
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Mohammad Nasir Uddin and Paul Janecek
The aim of this paper is to develop and implement a multidimensional classification system in the web that can provide an alternative but convenient structure for organising and…
Abstract
Purpose
The aim of this paper is to develop and implement a multidimensional classification system in the web that can provide an alternative but convenient structure for organising and finding information content.
Design/methodology/approach
A prototype system is developed following the views of Ranganathan's faceted classification, which is to provide multiple classifications of the web documents through content oriented metadata organised under different facets (orthogonal groups of categories).
Findings
Based on an architectural framework this study demonstrates a prototype faceted classification system (FCS) that is integrated into a general open‐source content management system and populated with a sample collection of institutional web pages/documents.
Originality/value
The study provides significant grounds for the IR community to improve interface structure for easy access, management, and retrieval of web information. In addition, the integration of content management tools with multidimensional taxonomies can be a new instance of a corporate web system for easy content creation, organisation, and navigation.