Claim Missing Document
Check
Articles

Found 2 Documents
Search

The Emergence of Fintech on Cost Management in Malaysian Financial Institutions Nik Abdullah, Nik Herda; Wei Ling, Tye
Indonesian Journal of Economics, Social, and Humanities Vol 5 No 3 (2023)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat Universitas Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31258/ijesh.5.3.244-252

Abstract

A good cost management system is vital in ensuring that the final product or service costs do not reflect a large variance from budgeted financial targets. Over time, new information and technologies may be introduced that completely change the production method, business process, or product itself. The term "FinTech" has gained significant attention as a result of various influential factors, such as advancements in technology, the anticipation of business innovation within the market, the need for cost reduction, and the evolving demands of customers. The advent of new digital technologies has led to the automation of various financial activities, potentially offering more efficient and economically viable products across different segments of the financial industry. These segments include lending, asset management, portfolio advice, and the payment system. The main objective of this paper is to provide a synthesis of the impacts of fintech on cost management, which will improve firm value among financial institutions, and to propose a framework for fintech and cost management. It has been found that fintech provides the management with relevant, accurate, and reliable information on the firm’s critical success factors within and outside an organization related to cost management for long-term periods.
The Moderating Effects of Past Change Experience on the Relationship Between Change Related Self-Efficacy and Employee Commitment to Change Jameri, Aszahari Mohamad; Noranee, Shereen; Nik Abdullah, Nik Herda
Indonesian Journal of Economics, Social, and Humanities Vol 7 No 3 (2025)
Publisher : Lembaga Penelitian dan Pengabdian kepada Masyarakat Universitas Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31258/ijesh.7.3.271-283

Abstract

Organizational change is a common occurrence in today's dynamic business environment, and employee commitment plays a crucial role in its successful implementation. However, the factors influencing employee commitment and the role of past change experience in this process are underexplored in the context of Malaysian Government-Linked Investment Companies (GLICs). This paper aims to propose a conceptual framework for the moderating effects of past change experience on the relationship between change related self-efficacy on employee commitment towards organizational change in Malaysian GLICs. This paper employs a qualitative approach by reviewing all pertinent literature on the subject from various databases and relating it to the current environment, which attempts to bring the entire concept of organizational change into focus based on the findings of previous research and a proposed conceptual framework that can be used for future research. This research will contribute to the existing body of knowledge by providing a thorough comprehension of the factors of change related to self-efficacy influencing employee commitment towards organizational change. The findings will have practical implications for GLIC leaders and change managers, providing insights on how to effectively engage employees during periods of change, increase their commitment, and ultimately increase the success of organisational change initiatives.