Suchergebnisse

Purpose
This paper aims to investigate the effect of excessive use of social networking sites on online compulsive buying, and whether this effect is mediated by the dimensions of money attitude (i.e. power-prestige, distrust and anxiety) in young Malaysian adults.


Design/methodology/approach
A correlational cross-sectional, questionnaire-based design was adopted. A total of 1,155 university students completed an online survey. A parallel multiple mediator model was then developed and tested using covariance-based structural equation modeling.


Findings
Excessive use of social media had a positive effect on money attitude dimensions and online compulsive buying. Also, power-prestige and anxiety dimensions of money attitude mediated the positive effect of excessive use of social networking sites on online compulsive buying.


Practical implications
Several implications for the parents of young adults, institutions of higher learning as well as banks that provide services to these youths have been suggested.


Originality/value
Little is known about the effect of excessive use of social media on compulsive online buying and the mechanisms behind it. This study contributes to the literature by testing the mediating role of money attitude in the effect of use of social networking sites on online compulsive buying.

It is believed that extensive political involvement in business fundamentally impacts the overall quality of both firm- and country-level corporate governance in a particular country. Using the corporate and institutional environment in Malaysia as our chosen example, we aim to show the profound influence that national government policies and approaches to the running of their respective capital markets has on the corporate governance practices and norms in a particular country. Specifically, we show that political conflicts of interest can and have caused controlling shareholders of publicly-listed corporations to have greater inclination to engage in the expropriation of their minority shareholders. This tendency is particularly prevalent amongst large business groups where the link between politics and the business groups is most clearly displayed. We conclude that a culture of good corporate governance is extremely difficult to cultivate without good public / political governance.

Many Malaysian publicly listed companies are highly dependent upon the government and ruling political parties' patronage in order to survive and/or thrive. In fact, political involvement in the Malaysian corporate sector is so pervasive that the boundaries between business, politics and the State are often blurred. On the other hand, family‑controlled companies are highly nepotistic as they prefer hiring insiders from their closely-knit networks. This disposition limits their access to external resources. When considering the aforementioned external environment and company-owner preferences, this study argues that, political connections are more critical in family-controlled companies. Thus, the higher is the family ownership concentration, the more external linkages, networks and resources are required. With a random sample of 200 family-controlled companies listed on Bursa Malaysia in 2008, this study finds that publicly-listed companies with higher family ownership concentration do indeed appoint more independent directors who have strong connections with the government and ruling political parties and this enhances their financial performance.

PurposeThis paper aims to address how national culture moderates the relationship between job characteristics and job satisfaction.Design/methodology/approachThe authors examine the most recent data collected from the International Social Survey Programme (ISSP) in 2015 from a group of 33 countries. Hofstede's cultural model is used to represent and measure national culture.FindingsOne of the most significant findings from the authors' two-level regression analysis is that having an interesting job contributes more to job satisfaction in individualistic countries than in collectivist countries. The authors also find that the newly introduced cultural dimension indulgence vs restraint has some significant moderating effect on the relationship between job security, salary, the perceived interest of a job and job satisfaction. Job security also seems to contribute less to job satisfaction in societies that are long-term oriented.Practical implicationsThis study provides further support for a more careful, nuanced examination of job motivation theories. Multinational companies should understand the needs of their employees and diversify their compensation packages accordingly. More attention should be paid to job design in individualistic or indulgent-oriented countries to create a satisfying job experience.Originality/valueThe authors examine the most recent data from ISSP and extend the literature by incorporating two additional cultural dimensions from Hofstede's model as moderators.