This study addresses the extent to which Malaysian public listed firms survive after the IPO. The result reports that 7.72% of Malaysian IPOs were delisted from the market after five years, which is lower than the delisting rate reported in previous studies in developed markets. The delisting rate increased to 13.2% after seven years of listing. Further investigation shows that an unsatisfactory financial condition is the primary factor of failure. Comparison of the survival rate between the Main Market and the ACE market reveals that the cumulative survival rates over one through seven years after the IPO are consistently higher for the Main Market IPOs than the ACE Market IPOs, suggesting that the ACE Market IPOs have a higher probability to be delisted from the Market compared with the Main Market IPOs.

The small and medium-sized enterprises (SMEs) play an important role on the growth of the econ-omies of developing countries. In Pakistan, SMEs hold about 90 percent of the total businesses in-cluding the textile industry. The performance of SMEs in the textile industry is influenced by sev-eral factors including the internal capabilities of the firms. Hence the primary objective of the study is to examine the relationship between the internal capabilities namely Innovation Capability, Absorptive Capacity and SMEs Performance among textile firms in Pakistan. The study is conducted using quantitative research. There are 377 questionnaires distributed among textiles SMEs of Pakistan and they were analyzed using some statistical tests. The results reveal that innovation capability and absorptive capacity influenced the performance of SMEs, positively.

This study aims empirically to analyze mitigation strategies for operational supply risk among halal food manufacturers in Malaysia. A survey of 369 halal food manufacturers is used to test a research model that proposes a relationship between operational supply risk and risk consequences as well as the mediating role of risk mitigation strategies. Structural equation modeling reveals that in the absence of a risk mitigation strategy (behavior-based management, buffer-based management, and traceability-based management), operational risk consequences are significantly influenced by operational supply risk. The analysis also showed the mitigation strategies reduce risk events by its interaction between operational supply risk and risk consequences. This study shows significant data about the management of halal food manufacturing. Due to the limitations of this survey, further study is necessary to analyze how other halal's sectors manage their supply chain risk management.

A novel trimetallic W-Mg-Al oxide composites immobilised onto starch were synthesized via sol-gel method. W-Mg-Al oxide composites were synthesized by first preparing WO₃ using incipient wetness method, followed by immobilising onto MgO-Al₂O₃ support using starch as binder. The effects of starch addition on the crystal properties and morphology were investigated by X-ray diffraction (XRD), Fourier Transform Infrared (FT-IR) spectroscopy and Scanning Electron Microscopy (SEM). In the presence of hydrogen peroxide and acetic acid as oxidant system, W-Mg-Al oxide starch composites exhibited higher catalytic performances for oxidative desulphurisation (ODS) of dibenzothiophene (DBT) at 95% compared to W-Mg-Al oxide composites. The catalytic activity observed could be correlated to the distribution of active phases on starch as well as the higher crystallinity of the metal oxide composites.

This study examines the effect of strategic management on work performance through organizational commitment, and the influence of strategic management and organizational commitment on employee performance who worked at Muhammadiyah University of Indonesia. The sample used according to the calculation of cluster sampling probability proportionate to size model (PPS) with the formulation of Slovin which yielded 386 employees at 12 muhammadiyah universities in Indonesia. The developed instrument combines part of the existing questionnaire related to strategic management, organizational commitment, and work performance, using the Likert Method of Suc-cessive Interval (MSI) scale. The data were analyzed by regression equation using SPSS 21 soft-ware. The findings of this study concluded that strategic management and organizational commit-ment affect the performance of employees. Moreover, strategic management along with organiza-tional commitment affect the performance of employees. Finally, the effect of strategic management factors under the title of understanding of planning, adequacy to company, and utilization along with organizational commitment is observed positive on the work achievements. For the better un-derstanding, the effects of these factors should also be observed as presented through regression findings of the study. Based on such findings, it is suggested that management of the selected universities should consider the integration between strategic management, organizational commitment, and work achievements.

The scaling of social innovation is an important issue in social enterprises for sustainability. The scenario is due to the social enterprise capabilities to ensure the social program’s impact on society to become wider and deeper. Thus, social innovation helps to identify the social problems and target actions to address the social complex problems by social enterprise capabilities. This study investigates the factors of social enterprise capabilities in enhancing social innovation for sustainabil-ity and for eliminating the social barriers. In addition, the study discusses the relationship between social enterprise capabilities to scale social innovation. The study uses cross-sectional design and collects the necessary data from 136 social enterprises in Malaysia for the survey. The findings show that social enterprise capabilities for earning generation, replicating, and stimulating had a positive relationship with scaling social innovation when the level of significance was 0.05. Accordingly, the social enterprise owners are required to improve their capabilities to reach a higher scale of social innovation for growth and sustainability.

In this research, crash test results from CNG locating method optimization approach for crashworthiness and testing its safety are presented. The locating process is based on principal energy considerations inspired from the current design process in passenger vehicle design development. The potential of the vehicle concept to absorb kinetic energy can be estimated at the very beginning of the design process by the free crash lengths in the different areas of the vehicle and estimates of average forces required in the specific segment and parts of the car body at particular crash phases. Based on the basic principle of vehicle crash analysis using the finite element method, a passenger VAN finite element model was selected to simulate the front and side rear collision test of the VAN, therefore the LS-DYNA software is adopted to calculate the deformation of the car and the acceleration time history curves during the crashing process; the anti-impact capability of the vehicle is evaluated from this simulation. It is important to determine appropriate force distributions and the corresponding loads paths through the whole structure for all relevant crash load in dedicated crash test cases. The results demonstrate that the improvement of local structure and location for the required CNG tanks in safe locations in vehicle chassis can promote the crashworthiness of the car, but the further improvement needs a major change of the vehicle structure. The outcomes are interpreted by using LS-PREPOST to analyze the energy absorption characteristics during crash for different cases at a velocity of 50km/h the duration of 12ms. The result analysis was necessary to derive distinct deformation phases characteristic and following that, the essential crash elements are compared with and without CNG tanks installation in each crash case. At last, the conclusion determines the proposed tank locating model in the selected passenger VAN is within the safe range of crash analysis standards.

Work engagement has gained much prominence over the recent decades. With the aim of address-ing the global engagement crisis, the current study examined how prominent job resources such as supervisor support, coworker support and meaningful work perceptions can influence work engagement. The study also tested the moderation of meaningful work on these relationships. 537 questionnaires were distributed among the employees of six large banks of Pakistan. Structural equation modeling using Smart PLS 2.0 resulted in strong positive relationship of supervisor support and coworker support with work engagement. The findings also concluded strong positive relationship between meaningful work and work engagement. Notably, the bootstrapping results also played significant moderation of meaningful work on the relationship between supervisor support and coworker support with work engagement. The study forwards theoretical and practical implications for future.

This study evaluates the technical efficiency, productivity change of financial companies listed in the Malaysian stock exchange (Bursa Malaysia) and examines the effects of productivity change on efficiency over the period 2007–2016. Moreover, this study also concentrates on the ranking of financial companies according to their efficiency scores. Data Envelopment Analysis (DEA) is uti-lized on a Malmquist Productivity Index in order to calculate the financial companies’ efficiency scores. The results of this study show that some firms were fully efficient. The results implied that these companies were in optimal control of their inputs or resources to generate the maximum outputs. Also, the results indicate a tremendous productivity gain was mostly because of a positive shift in frontier technology and positive shift in technical efficiency. This study is significant because it helps to identify the efficient companies from the financial sector in Malaysia based on multiple inputs and outputs by using the DEA model. Common misspecification problems observed that instability of efficiency scores over productivity.

This study investigates the effect of dividend payout on firms’ future earnings growth (FEG) in Malaysia. We use panel data analysis methodology to determine the effect of dividend payout and other control variables on FEG in 1, 2, 3, 4, and 5 years. Our results show that firm size and payout ratio had significant positive relationship on four out of five dynamic models tested. The remaining factors except of debt ratio are significant at least four out of the five years used in dynamic models in this study. We find evidence that Malaysian firms show mean reversion pattern in their earnings; smaller firms would enjoy greater future earnings growth; increased monitoring from creditors leads to better earnings performance; firms with better investment prospect have greater future growth in earnings; and higher investment in assets leads to higher future earnings growth. The findings show that in Malaysia, managers use dividend as a tool to signal their positive private information about the firms’ future prospect.