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This study examines the mediating role of three psychological contingent factors: collegiality, creativity, and job satisfaction, on the relationship between management control system (MCS) implementation and performance of study programs in higher education institutions (HEIs). This study also examines the impact of contingent factors from organizational aspects such as HEI types, lecturer’s age, experience and qualifications.

This study uses a survey method with 581 permanent lecturers who were subjected to MCS at HIEs as respondents. A partial least squares structural equation modeling (PLS-SEM) approach, with mediation analysis, is used to test the proposed hypotheses.

The results show that the implementation of MCSs, in both public and private HEIs, from the output and behavioral control dimensions is positively associated with the performance of the study programs, but input control is not. Additionally, creativity and job satisfaction are positively associated with the performance of the study programs, but not for collegiality. From the mediation analyses, creativity and job satisfaction mediate the relationship of all dimensions of MCS in relation to performance, except for one, namely, creativity does not mediate the relationship between behavioral control and performance. The analysis, however, reveals that collegiality does not mediate the relationship between all MCS dimensions and performance. The results of the multigroup analysis on different HEI types (public vs private) and demographic factors are discussed further.

The study’s findings offer valuable guidance for authorities on designing MCS models to enhance HEI study program performance. It highlights seven key contingent factors to consider: collegiality, creativity, job satisfaction, HEI type, age, experience and educational qualifications.

This study addresses the research gap related to the design of MCS in HEIs, and the inconsistencies of their role in performance by examining the influence of seven contingent factors addressed in prior literature. By so doing, this study provides new insights into the impact of collegiality, creativity, job satisfaction, different HEIs types (public vs private), age, experience and educational qualifications on the relationship between MCS implementation and performance of HEIs.

This paper aims to report the results of a study investigating the mediating role of managerial use of management accounting system (MAS) information in the relationship between integrated manufacturing practices (IMPs) and organisational performance (OP). IMP comprises three manufacturing practices, namely, just in time (JIT), total quality management (TQM) and advanced manufacturing technologies (AMTs).

Using a mailed questionnaire, the data were gathered from senior managers working in 110 manufacturing firms listed in the Federation of Malaysian Manufacturers (FMM) Directory. Partial least square (PLS) was used to analyse the data.

The results reveal that the relationship between IMP and OP exists via managerial use of MAS information, that is, adoption of IMP is positively associated with managerial use of MAS information, which in turn, is positively associated with the performance. In other words, managerial use of MAS information plays a significant role in linking adoption of IMP with OP.

The use of MAS information in integrated manufacturing environment is found to assist firms in improving performance. Prior research on the IMP–OP relationship reports mixed (inconclusive) results. The authors contend that a possible reason for such results reported in prior studies is that the studies did not investigate the relationship between OP and IMP comprising each of the three manufacturing practices and performance as proposed by Dean and Snell (1991).

This study aims to explore the challenges in post-implementing the Outcome-Based Budgeting (OBB) model in budgetary practices in Malaysian Government agencies, in the context of government official’s perspective.

A qualitative methodology by collecting data from eight budget experts within federal government agencies through semi-structured interviews was used. Purposive sampling was used to select informants based on their relevant experiences and roles in the OBB model and associated budgetary processes. Data analysis involved thematic analysis using ATLAS.ti software, with member checking to enhance credibility.

Sustainability, innovation characteristics, organisational dynamics, individual capabilities and social context are identified as critical factors influencing the successful post-implementation of the OBB model in Malaysian federal government agencies. Organisational dynamics, encompassing policy control and Budget Review Officers role, as well as social factors, such as the presence of an OBB champion and broader buy-in, significantly impact the model’s effectiveness. These findings underscore the complex interplay of factors shaping the post-implementation phase of OBB in the Malaysian budgetary context.

This study is constrained by its qualitative methodology and focus on the Federal Government of Malaysia, limiting the generalisability of findings. Future research using quantitative or mixed methods, expanded to include other government entities and comparative analysis across government levels is recommended to enhance understanding of OBB implementation challenges.

This research contributes to the existing body of knowledge on Performance-based budgeting (PBB) implementation, particularly in developing countries. By identifying critical success factors and barriers, it offers valuable insights for policymakers and practitioners seeking to improve public financial management. The study’s focus on Malaysia’s OBB experience provides timely and relevant information for addressing challenges in budgetary practices. Additionally, the research offers practical guidance for organisations navigating change management and building capacity for PBB implementation.

The study’s originality lies in its focus on the post-implementation challenges of the OBB within Malaysian Government agencies, which are largely under-studied. By using the Diffusion of Innovation theory, the study systematically investigates the interplay of sustainability, innovation characteristics, organisational dynamics, individual capabilities and social context in shaping OBB outcomes. Identifying sustainability and organisational dynamics as critical success factors contributes to the ongoing discourse on public sector budgeting reforms, particularly in developing country contexts.

This study aims to explore the underlying issues related to the development of socially responsible investment (SRI) sukuk in Malaysia. It identifies factors attracting investors and issuers, as well as challenges for the development of SRI sukuk (Islamic bond) in Malaysia.

This study conducted semi-structured interviews to collect data from the institutional investors, SRI sukuk issuers and arrangers, as well as researchers. A total of 19 experts were approached in which 10 participated in the interview. The thematic analysis technique is used to report the findings.

This study uncovers that social contribution through business activities (i.e. investment in the education sector) is the key motivational drivers for the investors and issuers. Besides, investment risks, lack of performance measurement standards, high transaction costs, risks of return, shortage of enough Islamic bonds, investors’ confidence and lack of awareness are the major challenges for the development of SRI sukuk instruments.

Due to the challenges in finding experts on this subject matter, this study was able to manage only 10 interviews from the participants, which is a small sample size. However, the findings of this study cannot be ignored. Future research should carry out with a large sample size (i.e. at least 30 interviews) to validate the current findings.

This study is among the pioneer in Malaysia, which explores the influencing factors of selecting Islamic bonds as an investment option. This paper provides some valuable implications for investors through discovering the challenges for the growth of SRI sukuk in Malaysia, which can also be applicable in a global setting.

This study aims to concern with Malaysian consumer involvement in fashion clothing. To achieve this, materialism, fashion clothing involvement and religiosity are examined as drivers of fashion clothing purchase involvement.

Gender, race and age are explored to have better understanding of fashion clothing purchase involvement in Malaysia. Data were gathered using a Malaysian university student sample, resulting in 281 completed questionnaires.

The results support the study’s model and its hypotheses and indicate that materialism, fashion clothing involvement and religiosity are significant drivers of fashion clothing purchase involvement. Also, materialism is a significant driver of fashion clothing involvement, and fashion clothing involvement mediates the relationship between materialism and fashion clothing purchase involvement. The results also show that Malaysian youth do not possess a high level of materialistic tendencies.

This study offers enormous opportunities for the international apparel marketers to formulate relevant business policies and strategies.

This study aims to examine the impact of activity restrictions in shaping the risk-taking behaviour of banks through the channel of competition in different economic conditions.

The authors use a dynamic panel regression method, particularly a two-step system generalised method of moments to address the risk-taking persistence of banks and endogeneity of activity restrictions and competition with banks’ risk-taking using financial freedom and property rights as instrumental variables. Activity restrictions are computed by constructing an index based on the survey results of Barth et al. (2001, 2006, 2008 and 2013a). Competition is measured by the Panzar–Rosse H-statistic and risk-taking behaviour are measured by non-performing loan ratio and lnZ-score. In the investigation process, the authors control bank characteristics – size, efficiency, ownership and loan composition and macroeconomic factors – gross domestic product growth and inflation, and use 2,527 bank-year observations from 180 commercial banks of Association of the Southeast Asian Nations-five countries over the 1990–2014 period.

This study finds that activity restrictions exacerbate the risk-taking behaviour of the banks leading to changes in the channel of competition because of the “risk-shifting effect” of competition. The finding is robust by considering the financial crisis and alternative specifications.

This study contributes to bank literature and policy formulation regarding the effect of activity restrictions on the risk-taking behaviour of banks, which is an issue of concern amongst bank regulators, policymakers and academics, especially in the aftermath of the 2008–2009 global financial crisis.

Understanding how the competition plays a role in the relationship between activity restrictions and the risk-taking of banks in different economic situations.

This study provides new insight into the bank literature by investigating the moderating role of competition on activity restrictions and the risk-taking behaviour of banks in a different economic environment.

The purpose of this paper is to explore the influence of several core behavioural propensities on financial risk tolerance (FRT). Additionally, this paper examines the moderating effect of ethnicity on the relationship between behavioural propensities and FRT.

A sample of 1,204 completed and usable questionnaires were collected from undergraduate students majoring in business, economics and finance and analysed them using SmartPLS 2.0 software.

The findings reveal that propensity for trust has the highest impact on FRT followed by propensity for regret and happiness in life, while propensity for social interaction is not significantly associated with FRT. Ethnicity significantly moderates the relationship between three behavioural propensities (propensity for regret, propensity for trust and happiness in life) and FRT.

This study contributes to the assessment of individuals’ FRT incorporating behavioural propensities, which in turn contributes to the field of behavioural finance.

The purpose of this paper is to examine the linkages between management accounting systems (MAS), enterprise risk management (ERM) and organizational performance by examining MAS information characteristics that match ERM implementation and joint effects of MAS and ERM on organizational performance.

The research method involved administering a questionnaire to 106 financial institutions (FIs) in Malaysia. The respondents were chief financial officers or staff members holding the most senior positions in the finance department of the institutions.

The significant findings on the association between ERM and MAS show that implementation of ERM requires the use of sophisticated MAS information. ERM and MAS complement each other as both are integral to decision making, planning and control in an organization. The finding also substantiates the important role of ERM in enhancing non-financial performance.

This study covered only MAS as part of sub-control systems in an organization. Future studies could investigate the link between a more comprehensive management accounting and control system and ERM. Furthermore, this study used perceptual measures of MAS, ERM and organizational performance.

The regulating body should promote best management practices of sophisticated MAS and ERM among FIs as these practices will create competitive advantage as well as help those institutions comply with regulations.

This study has contributed to the body of knowledge on the linkages between MAS, risk management system and organizational performance.

We examine the interactive effects of organizational culture and structure on the success of implementing activity-based costing (ABC) in Chinese manufacturing firms.

We applied contingency theory of management accounting and used a questionnaire survey of 106 respondents.

The results indicate that a formalized organizational structure significantly affects the success of implementing ABC. The organizational culture factors, outcome orientation and attention to detail, were significantly associated with the success of implementing ABC. Further, interactions between centralization and outcome orientation and formalization and innovation were associated with success in implementing ABC.

While this study is constrained to Chinese manufacturing firms, its findings have ramifications for organizations in both developed and less-developed economies as the study demonstrated that organizational structure and culture interact with each other to affect the implementation success of a management accounting system.

This paper presents the first attempt to demonstrate the interactive effect of organizational culture and structure on the success of implementing ABC in organizations.

Studies in performance measurement systems (PMS) seem to receive little attention in the information system (IS) literature. The purpose of this paper, therefore, is to contribute to the stream of research in the fields of performance measurement and ISs.

The paper examines how IS sophistication is linked to PMSs by investigating the use of performance measures in the Malaysian financial services industry. Data were collected from 140 financial institutions through self‐administered questionnaire survey of top‐level executives. A component‐based structural equation modelling, partial least squares, was used to test the research model.

The results indicate that IS sophistication is a determinant of performance measures. The results also indicate that different dimensions of IS sophistication affect different dimensions of performance measures usage.

The paper significantly extends prior research on performance measures by establishing IS sophistication links to the different types of performance measures. Further, the findings clarify the distinct and important roles of each IS dimension's influence on performance measures.