Devinaga Rasiah

The adoption and concerns of e-finance in Malaysia

Technological advancement has brought a whole new way of delivering financial services around the world. E-finance industry in Malaysia has grown rapidly with the help of internet and conducting financial services are far easier now if compared to last time. Internet provided a new medium or channel in delivering financial services. However, there are also risks and challenges when using electronic finance. A total of 100 respondents had been targeted in completing this study. Survey method was utilized in collecting respondent’s opinion and perception to test the variables. The target was companies which used electronic finance in delivering their services. Interviews were also conducted and relevant tests conducted which provided evidence to support the hypotheses for this study. It was found that e-finance was affected by security, revenue and cost dimensions, and technology architecture with the adoption of global technology.

A Review of Corporate Governance: Ownership Structure of Domestic-Owned Banks in Term of Government Connected Ownership, and Foreign Ownership of Commercial Banks in Malaysia

The Asian financial crisis of 1997 resulted in Malaysian commercial banks seeking to strengthen their corporate governance, transparency and disclosure levels. The aim of this research is to review corporate governance in relation to ownership structure of domestic owned banks in terms of government connected ownership and foreign ownership of commercial banks in Malaysia.This research has given a brighter insight into corporate governance and bank performance in selected Malaysian commercial banking institutions. The findings have also provided useful information to investors, bankers and regulators pertaining to the importance of the role of corporate governance practices in the Malaysian banking system and its performance. Different types of bank ownership have had different concerns about implementing corporate governance practices among commercial banks in Malaysia.

Empirical Analysis of Malaysian Commercial Bank Risk Management Behavior in Relation to Efficiency

The researchers analyzed the risk management practices of banking institutions in Malaysia, to examine the impact of risk. The scope and sample of the study were nine commercial banks operating in Malaysia. The results were analyzed using Data Envelopment Analysis, a nonparametric approach, and later confirmed by conducting several regression analysis. The result suggests that volatility had a significant relationship with risk-adjusted return on capital; risk in the year 2006, 2007 and 2008 did not significantly predict the risk-adjusted return on capital.

A Study on Ethical Investment Behaviour among Malaysian General Insurance Fund Managers

The purpose of this paper is to investigate the Ethical investment behaviour and predictors which is relatively new field of study among a General Insurance Fund Manager in Malaysia in order to refine in an ethical behavioural scope. A questionnaire-based survey was used to collect data from fund managers and insurance asset managers who are working in all 52 companies of general insurance in Malacca and Negeri Sembilan states of Malaysia. Throughout this research, there were three major aspects investigated namely personal, social and demographic factors of General Insurance Fund Managers who were involved in investment activities. However, the major findings showed that social factors had played the biggest effect in conducting ethical investment behaviour in the insurance industry. Hence, other factors, for example, personal factor and demographic factor had significantly affected the General Insurance Fund Manager’s ethical investment behaviour and had directly given greater impacts to the performance of a socially responsible investment. Nonetheless, the implications of this study would be able to assist general insurance fund managers to determine the right directions and intentions of placing the funds and to manage it in an ethical manner. This study could also be used as a benchmark for specific investment activities because an ethical source was a main criterion to manage the clients’ funds and income in a good way. Furthermore, the findings offered valuable insights to policy makers in general insurance and to the consumers on the significance of the results.