This paper investigated the relationship between future orientation and financial literacy toward personal financial management practices among Generation Y in Malaysia, particularly amongst those who were born between 1981 and 2001 coming from Sabah, Sarawak, Selangor, Kuala Lumpur, Johor, and Penang. A total of 146 valid questionnaires were used for the analysis carried out in this paper. Data was analyzed using the Structural Equation Modelling (SEM) technique using Partial Least Squares (PLS). The outcomes displayed that future orientation and financial literacy have significantly positive effect on personal financial management practices. Nonetheless, gender does not have a moderating role between financial literacy and future orientation on personal financial management practices among Generation Y in Malaysia. The study’s outputs may serve as guidelines by the Malaysian government agencies and policy makers, apart from extending the body of knowledge to shed some light on personal financial management practices. The findings of the study also offer an alternative approach in addressing the escalating bankruptcy issues faced by Generation Y in Malaysia.
An organisation should be concerned with more than just profit; it should also be concerned with the social interests and welfare of the surrounding community. In order to ensure that the welfare of society is always safeguarded, the government places a greater emphasis on corporate social responsibility within the business sector. Good corporate social responsibility is only possible in conjunction with strategic management. This study investigated the consistency of previous researchers’ literature reviews on corporate social responsibility and strategic management. A total of 132 Scopus articles were selected for this study, and the article information was analysed utilising the systematic literature review and bibliometric analysis methods.
This paper examines gender, educational qualification, and ethnicity differences in personal financial management practices among Generation Y in Malaysia. The issue of this study concerns the number of young generation identified as Generation Y, who has been declared bankruptcy keep on increasing year-to-year. Therefore, this study focuses on Generation Y, who was born from 1981 to 2001 and included respondents from all the states of Malaysia. The Statistical Package for the Social Sciences version 25.0 (SPSS 25.0) was used to analyse a total of 119 valid questionnaires collected using the Chi-Square test. The findings displayed that only ethnicity differences in personal financial management practices among Generation Y in Malaysia were found. The results of the study can be used as guidelines by the Malaysian government agencies and policymakers. They can also enhance their knowledge regarding financial needs and education to improve peoples’ personal financial management practices as well as being an alternative in finding the solution to control the bankruptcy problem among members of Generation Y in Malaysia.
Using a literature review and bibliometric analysis, this research aims to analyse the relationship between the Islamic economy and sustainability. The study aimed to systematically document the intellectual structure, volume, tendencies of knowledge development, the author, and source impact. Using Microsoft Excel and R Studio, information is compiled from Scopus databases and analysed. We gathered a searchable database of the 76 most relevant papers from the last twenty-two years based on a vast amount of literature. Preliminary data suggests that between 2000 and 2022, there has been an increase in the number of works written on the Islamic economy. The bibliometric study using R identifies the subject’s most influential journals, authors, and papers. This study demonstrates that a new research topic can be derived by condensing the essential aspects of the Islamic economy and sustainability into a single concept, thereby opening up new research avenues in both the expansive field of the Islamic economy and the relatively new and hotly debated field of sustainability.
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