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Risk Management Literacy Level among Oil Palm Smallholders in Malaysia Abdullah, Mohd Hafizuddin Syah Bangaan; Azmi, Amira; Yakob, Rubayah; Redzuan, Hendon
Jurnal Manajemen Hutan Tropika Vol. 30 No. 1 (2024)
Publisher : Institut Pertanian Bogor (IPB University)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.7226/jtfm.30.1.129

Abstract

Risk management literacy is very important in influencing an individual's decision-making when taking preparatory steps to handle the anticipated risks. This includes oil palm smallholders who are constantly exposed to various types of risks. Therefore, this study aims to analyze the level of risk management literacy among oil palm smallholders in Malaysia. The data of the study was obtained from the online questionnaires distributed to oil palm smallholders using a random sampling method. The data obtained from the final sample of 200 smallholders were analyzed to examine the level of risk management literacy among palm oil smallholders using mean score analysis. The results found that the risk management literacy level among oil palm smallholders in Malaysia is at a moderately high level. Furthermore, mean score for the preference of saving instead of expenditure was the highest i.e. 4.40, indicating that smallholders possess high awareness on the importance of saving as one of the tools for risk management. The study’ findings allowed relevant authorities to formulate new programs such as training and awareness campaign of risk management, on continuous basis. It could assist smallholders to prepare for any potential risks and subsequently be able to create sustainable sources of income.
Empowering Higher Education: The Tech Advantage in Work Coordination and Risk Management for Financial Growth Rauf, Ummu Ajirah Rauf; Ahmed, Saif; Deli, Mazzlida Mat; Asha’ari, Maryam Jamilah; Jamil, ‘Ainul Huda; Abdullah, Mohd Hafizuddin Syah Bangaan; Abdullah, Siti Intan Nurdiana Wong
Journal of Applied Engineering and Technological Science (JAETS) Vol. 6 No. 1 (2024): Journal of Applied Engineering and Technological Science (JAETS)
Publisher : Yayasan Riset dan Pengembangan Intelektual (YRPI)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/jaets.v6i1.6364

Abstract

This study examined the relationship of work coordination and Enterprise Risk Management on financial performance in Malaysian public higher education (PHEs). It addresses the gaps on how work coordination and ERM could mitigate financial challenges such as dependence on tuition fees and limited government funding. The responses from 350 key informants across 20 Malaysian PHEs were analyzed using SEM analysis. The findings reveal that work coordination significantly enhances ERM implementation, and ERM implementation positively influence the financial performance, ERM also act as a mediator variable, which has a greater effect on financial performance through work coordination. The findings support the strategic role of ERM in facilitating links between organizational capabilities and financial sustainability. It thus practically recommends increasing capacity through governance structures, investing in digital tools for risk management, and engaging leaders to improve ERM effectiveness. Theoretically, this study extends the Resource-Based View, placing ERM as that critical resource that would turn coordinated efforts into measurable financial outcomes. This study closes the literature gap in risk management in higher education by integrating work coordination and ERM within a comprehensive model of financial sustainability that has pragmatic implications for policymakers and leaders of institutions in strengthening resilience within resource-constrained educational contexts.