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TAX REFORM AND INFLATIONARY EPISODE (IIUM PRESS)
The COVID-19 pandemic crisis lead to higher borrowings and fiscal deficits. To overcome the situation, new tax policies or tax reform are vital as one of the fiscal policy objectives is to reduce the budget deficits. Nevertheless, tax reforms are likely to affect the cost of production, which results in inflation, leading to the change in consumption pattern in the economy. This situation will therefore, worsen the current economic situation. Thus, this book in a nutshell, looks into the role of tax reform in influencing the societal well-being from the perspective of inflationary episode. This book used Malaysia as a case study in investigating the tax reform and inflationary episode given the relatively recent tax reform that had taken place in 2015 with the introduction of Goods and Services Tax (GST) and its subsequent abolishment in 2018. when the elected Pakatan Harapan government reverted to the Sales and Services Tax (SST) or known as SST 2.0. Hence, it is vital for the people to understand the role of tax reform in affecting the inflationary episode in Malaysia so that everyone can contribute towards minimizing its adverse impacts.
The Malaysian Banking Industry
The book provides students and academics in finance and banking with the most recent updates and changes in the Malaysian banking sector post-AFC period. The book explores the evolution of banking policies and practices after the "Tomyam Goong Crisis" and investigates the health of Malaysian banks via efficiency measurement. In addition, it also presents the evolution of bank risk management regulations and practices in Malaysia. The book also discusses the effectiveness of the Malaysian bank bailout strategy with comparison to the banks’ bailout in developed countries such as the US. This book is important and timely since there are very limited books in the market that cover the recent developments on Malaysian banking sectors post-AFC period. Hence, this book serves as the valuable resource for all finance and banking students, academic researchers, and practitioners not limited to the Asian region that require in-depth insights on the latest policies and practices in the Malaysian banking sector.
Assessing Organizational Diversity with Structural Equation Modeling
Assessing Organizational Diversity with Structural Equation Modeling applies partial least squares structural equation modeling (PLS-SEM) to standardized and rank ordered latent composites of workforce diversity to endogenous composites of organizational performance of diversity. In so doing, this book offers human resources practitioners and researchers in the nonprofit, private, and public sectors a hands-on guide on how to apply PLS-SEM in an organizational setting to assess the direct and indirect statistical relationships amongst exogenous and mediating composites and endogenous composites of organizational performance. Examples of standardized and rank-ordered PLS-SEM analyses are provided throughout the book. This book illustrates how to analyze and assess the direct and indirect statistical relationships of exogenous and mediating latent composites on different types of organizational performance such as human capital return on investment and net profit margin.
Assessing Organizational Diversity with the Smith and Wilson Indices
Assessing Organizational Diversity with the Smith and Wilson Indices provides a comprehensive and systematic assessment of the application of Simpson-based diversity indices to the workplace. It offers human resources practitioners and researchers in the nonprofit, private, and public sectors a hands-on guide on how to measure demographic and organizational diversity with the Hussein and Khan, Ray and Singer, Smith and Wilson, and Wilcox evenness indices. Examples of the application of the indices to employment data are provided throughout the book, while the text also illustrates the use of ordinary least squares, quantile, ridge, robust, and Tobit, regression methods to assess how organizational and workplace factors influence age, ethnicity, gender, and organizational diversity.
Assessing Organizational Diversity with the Index of Qualitative Variation
This book provides a comprehensive and systematic assessment of the application of the Index of Qualitative Variation (IQV) to the workplace. Like its preceding companion books, this book offers human resources practitioners and researchers in the nonprofit, private, and public sectors a hands-on guide on how to measure demographic and organizational diversity. Examples of how the IQV is applied to employment data are provided throughout the book. Consistent with its preceding companion books, this book illustrates the use of ordinary least squares, quantile, ridge, robust, and Tobit regression methods to assess how organizational and workplace factors influence age, ethnic, gender, and organizational diversity.
Commercial Banking
The existence of financial intermediaries is arguably an artifact of information asymmetry. Beyond simple financial transactions, financial intermediation provides a mechanism for information transmission, which can reduce the degree of information asymmetry and consequently increase market efficiency. During the process of information transmission, the bank is able to provide unique services in the production and exchange of information. Therefore, banks have comparative advantages in information production, transmission, and utilisation. This book provides an overview of commercial banking and includes empirical methods in banking such risk and bank performance, capital regulation, bank competition and foreign bank entry, bank regulation on bank performance, and capital adequacy and deposit insurance.
What Drives China’s Economy
The spectacular economic growth experienced by China since 1978 has often been hailed as the "China Miracle". Many economists have tried to understand the forces behind China’s phenomenal growth and the explanations can be divided into two broad schools of economic thought — one school of thought which includes Nobel Laureate Paul Krugman explains that market mechanism and deregulation led to China’s success, while the other school of thought which include Justin Yifu Lin, the former Chief Economist and Senior Vice-President of the World Bank, explains that China’s growth miracle is a unique model to itself defined by the Chinese government’s prominent role. The Chinese government ...
Knowledge Infrastructure and Higher Education in India
This short book examines the availability and adoption of new education technologies in higher education institutions in India. It provides a summary of the activities in which such technologies are being used and the catalytic factors for such adoptions. The book also evaluates the impact on skill development, and will be a useful reference for those who are interested to find out more about technology adoption and implementation in higher education, and what the challenges are through the learning experiences in these education institutions.
