ABSTRACT
This study examines the effects of attitude, subjective norm, perceived behavioural control and taqwa on compliance intention to pay zakat on salary in East Malaysia. A deductive approach is employed to examine young public servants' compliance intention to contribute to zakat payment on their salary. The model is tested using survey data from 202 respondents in Kota Kinabalu, Sabah, East Malaysia. The results obtained indicate that attitude, subjective norm and perceived behavioural control are significantly related to the compliance intention. Besides these factors, taqwa is also significant. Besides, the post hoc analysis indicates that attitude can play a role as a mediating variable for the relationship between taqwa and compliance intention. This study improves the generalisation of the theory of planned behaviour (TPB) to include zakat payment, where Islamic altruism is brought into play. Our findings are of the essence to provide valuable insights for zakat authority to manage zakat payers effectively by considering new millenials as new zakat payers' base and patronage factors as captured in this study
Belt and Road Initiative (BRI) has been proposed by president of China in 2013, as the purpose of boosting developments and trade activities in China, Asia, Europe, Middle East and Africa. The study focuses on examining the impacts of BRI strategy towards the economic growth of 60 participated countries. Panel data analysis is used to determine the relationship of foreign direct investment, government expenditure, international trade, exchange rate and inflation rate with gross domestic production. We divide the sample into pre-and post-BRI covering from 2008-2013 and 2014-2020 respectively to better dissect the impact of BRI on economic growth. Our findings show that the impact of foreign direct investment and exchange rate on economy growth are significant during the period of pre-BRI while after BRI foreign direct investment, exchange rate, government expenditure and inflation are found significantly associated with economic growth. The findings also demonstrate the expected sign of the relationship with theory; merely government expenditure shows unexpected negative sign. The study covers almost full sample of participated countries lead to the highly reliable panel regression results. The finding perhaps can be the guideline to those countries who intend to be part of BRI in the future.
Previous researches on the relationship between external debt and economic growth in Malaysia have produced inconsistent results. Despite the intense debate on the link between external debt and economic growth, there is no research that takes the new definition of external debt into consideration. To address this issue, this study seeks to examine the effects of external debt on economic growth by allowing the external debt to be taken into consideration especially in terms of the non-residents holding of local-currency denominated debt securities. Using time series econometric approaches and quarterly data of Malaysia from 1997 Q1 to 2016 Q4, this study finds that there is a significant positive relationship between external debt and economic growth. In addition, the results of Granger causality test reveal the existence of short-run bilateral causality relationships between external debt and economic growth.
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