Browsing by Author "Tabash, Mosab I."

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Board Oversight And Dividend Policies In Malaysian Shariah-Compliant Companies
(Scopus, 2024-05-31) Jamadar, Yasmin; Tabash, Mosab I.; Hossain, Mohammad Imtiaz; Shahriar, Mohammad Shibli
A stable dividend policy is often in the best interests of both the company and its shareholders. Considering the importance of dividend policy, we examine the determinants of dividend payment in Malaysian Sharia-compliant listed firms and the moderating role of board directors. To this end, we apply a static-panel model using data of Malaysian Shariah-compliant listed firms from 2014 to 2020. We find that ROA (Return on Asset) and Price-Earnings ratio (PER) have a significant positive impact on the dividend payout ratio (DPR). On the other hand, NAV (Net Asset Value) shows a negative and significant relationship with the DPR. Our findings also reveal that the board of directors significantly and positively influence the decision to pay dividends. The findings of the study hold significant importance for corporations in determining a suitable dividend policy that can ensure the sustainability of a consistent dividend payout and ensure their organization's financial stability, particularly in Malaysian-listed Shariah-compliant firms.
Co-Movement, Portfolio Diversification, Investors’ Behavior and Psychology
(Daffodil International University, 2022-07-22) Sahabuddin, Mohammad; Islam, Md. Aminul; Tabash, Mosab I.; Anagreh, Suhaib; Akter, Rozina; Rahman, Md. Mizanur
The issue of co-movements is still crucial and arguable in international finance. An optimum and significant level of co-movement is highly desirable to investors, and it mostly depends on investors’ decisions (behavior and psychology). We use frequency–time bands and multi-scale-based wavelet analysis to investigate the co-movement between developed and emerging countries’ stock markets for better asset allocation and portfolio diversification strategies. The results show that a significant level of co-movement is observed between conventional and Islamic stock markets in developed and emerging countries, and it varies in terms of its time–frequency domain properties. Particularly, the dependency among conventional and Islamic stock markets is strong at 4–512-band scales. However, the USA Islamic stock market illustrates a higher level of coherency with the UK, Japan and China’s Islamic stock markets, while a relatively lower level of co-movement is detected with the Chinese composite, Malaysian and Indonesian Islamic stock markets. The findings further confirm that the developed countries’ stock markets are substantially influenced by the GFC in 2007–2008 and the European debt crisis in 2012, while this trend is surprisingly not observed in the emerging markets on a similar scale. Therefore, these crises have opened the door for the grabbing of portfolio diversification benefits from the emerging countries’ stock markets. These findings give some interesting insights to policymakers, investors and fund managers for portfolio diversification and risk management strategies.
Corporate shared prosperity: scale development and validation
(Scopus, 2024-02-05) Hossain, Mohammad Imtiaz; Teh, Boon Heng; Chong, Lee-Lee; Ongc, Tze San; Tabash, Mosab I.; Jamadar, Yasmin
Business organizations are forced to prioritize ensuring corporate shared prosperity (CSP) through enhancing corporate sustainability performance and stakeholder’s betterment. There is a lack of comprehensive and quantifiable measurement of CSP and existing studies are conceptual and case study based. Thus, this study explores the essential dimensions involved in developing and verifying the corporate shared prosperity measurement which will help researchers to conduct empirical study. This scale development paper may prove valuable to both readers and scholars engaged in the field of sustainability and stakeholder development. Stakeholder theory is used as an underpinning theory. Sixteen (16) items under five (5) dimensions were developed to measure corporate shared prosperity after reviewing the existing literature, verifying by focus group discussion, and analyzing 229 Malaysian manufacturing firms responses using exploratory factor analysis and confirmatory composite analysis (CCA). This reliable and valid scale would benefit scholars in measuring CSP and examining the impact of sustainable performance on CSP. Further empirical evaluation based on this developed scale would ensure inclusive, sustainable development for stakeholders and make organizations more resilient. This research is a unique and initial attempt to develop a validated questionnaire survey based tool to measure corporate shared prosperity quantitatively.
Entrepreneurial Intentions of Gen Z University Students and Entrepreneurial Constraints in Bangladesh
(2023) Hossain, Mohammad Imtiaz; Tabash, Mosab I.; Siow, May Ling; Ong, Tze San; Anagreh, Suhaib
This research examines a variety of restrictions preventing Bangladeshi youth, particularly Generation Z university students, from becoming involved in entrepreneurship. Moreover, the study examines the influence of Entrepreneurial Attitude (EA), Subjective Entrepreneurial Norms (SEN), Entrepreneurial Perceived Behavioural Control (EPBC), and Entrepreneurial Resilience (ER) on Entrepreneurial Intention (EI) of Bangladeshi Gen Z university students. A systematic literature review methodology following PRISMA procedure was performed to identify the relevant articles. A quantitative method with a positivism philosophy, cross-sectional time horizon and deductive approach was applied to the study. The data of 206 university students from the BBA department of ten universities were collected using convenience sampling and a self-administrated structured questionnaire survey. SPSS 26.0 and Smart PLS 3.0 were used to analyse the data. The output shows a positive and significant association amongst EA, SEN, EPBC, ER, and EI. Various constraints were identified from the literature and ranked based on the respondents’ feedback. This research will help entrepreneurs, scholars, policymakers and practitioners to build the entrepreneurial ecosystem and develop young people’s understanding of the entrepreneurial decision process and the importance of ER. This paper contributes through empirical investigation to an understanding of the actions that prevent Gen Z students from entrepreneurial activities; decisions are affected by socio-psychological constructions integrating ER with the Theory of Planned behaviour (TPB) model. Triple, Quadruple and Quintuple Helix models are considered supporting theories in this study to shed light on tackling the constraints. To the best knowledge of the researcher, integrating ER with TPB model’s constructs is a pioneer scholarly contribution in the context of South-East Asian, specifically Bangladeshi Gen Z students.
Ethical Leadership, Green HRM Practices and Environmental Performance of Manufacturing SMEs at Selangor, Malaysia
(Springer, 2023-01-04) Hossain, Mohammad Imtiaz; Teh, Boon Heng; Dorasamy, Magiswary; Tabash, Mosab I.; Ong, Tze San
The relevance of the environmental agenda for the business has increased tremendously in recent years globally. The ecological performance of small and medium-sized enterprises (SMEs) in Malaysia deserves more academic scrutiny since it is expected that this sector influence on the environment is significantly higher than the large corporations. To tackle the negative ecological influence of SMEs, ethical leadership from top management level, green HRM practices, and green technology adoption can play crucial role. Thus, this paper examined the association between ethical leadership (EL) and green human resource management practices (GHRMP) on environmental performance (EP) of manufacturing SMEs at Selangor, Malaysia along with moderating influence of green technology adoption (GTA). Quantitative methodology, non-probability convenience sampling method was applied and responses were collected from 140 managers and from 140 manufacturing firms situated at Selangor, Malaysia. Data analysis through smart PLS software reveals that EL, GHRMP have positive significant relationship on EP. EL and GHRMP both significantly moderate with EP in the presence of GTA. The research findings will inspire the industry player, policy makers, and different stakeholders to develop policies and engage in green practices. With the inclusion of diverse constructs, the model offers novel contribution on both academia and industry practice.
Paradoxes on Sustainable Performance in Dhaka's Enterprising Community
(Emerald Publishing, 2024-02-27) Hossain, Mohammad Imtiaz; Teh, Boon Heng; Tabash, Mosab I.; Alam, Mohammad Nurul; Ong, Tze San
Purpose Manufacturing small and medium-sized enterprises (SMEs) are heading towards smart manufacturing despite growing challenges caused by globalisation and rapid technological advancement. These SMEs, particularly textile SMEs of Bangladesh, also face challenges in implementing sustainability and organisational ambidexterity (OA) due to resource constraints and limitations of conventional leadership styles. Adopting paradoxical leadership (PL) and entrepreneurial bricolage (EB) is important to overcome the challenges. However, these dynamics are less explored in academia, especially in the Bangladeshi textile SMEs context. Hence, the purpose of this study is to investigate the influence of the adoption of smart technologies (ASTs), PL and OA, EB on sustainable performance (SP) of textile SMEs in Bangladesh. Design/methodology/approach A cross-sectional and primary quantitative survey was conducted. Data from 361 textile SMEs were collected using a structured self-administrated questionnaire and analysed by partial least square structural equation modelling (PLS-SEM). Findings The statistical outcome confirms that ASTs and PL significantly influence SP and OA. OA plays a significant mediating role for PL and is insignificant for ASTs, and EB significantly moderates among ASTs, PL and SP. Research limitations/implications As this study is cross-sectional and focussed on a single city (Dhaka, Bangladesh), conducting longitudinal studies and considering other parts of the country can provide exciting findings. Practical implications This research provides valuable insights for policymakers, management and textile SMEs in developing and developed countries. By adopting unique and innovative OA, PL and EB approaches, manufacturing SMEs, especially textile companies, can be more sustainable. Originality/value This study has a novel, pioneering contribution, as it empirically validates the role of multiple constructs such as AST, PL, OA and EB towards SP in the context of textile SMEs in a developing country like Bangladesh.
The Panorama of Corporate Environmental Sustainability and Green Values: Evidence of Bangladesh
(Springer Nature, 2022-12-05) Hossain, Mohammad Imtiaz; Ong, Tze San; Tabash, Mosab I.; Teh, Boon Heng
Corporate environmental sustainability is gradually becoming consciously recognised by textiles due to increasing pressure from diverse stakeholders and enhancing competitiveness. However, the textiles in developing countries continue to face issues such as severe water pollution, emissions, and increased carbon footprint, despite using various recycling techniques. To tackle these ecological issues, micro- and macro-factors must be incorporated into sustainable policies and practices. Considering this, the current empirical study aims to assess the influence of employees' green behaviour (EGB) and organisational green culture (OGC) on environmental sustainability practices (ESP) among textile small and medium enterprises (SMEs) in Bangladesh. Furthermore, based on these relationships, the study examined the moderating role of green technology adoption (GTA). A conceptual model has been proposed. The quantitative methodology was employed with a self-administrated structured questionnaire, followed by a cross-sectional research design to test the model. The data were collected from employees of 140 textile SMEs in Dhaka and analysed using the structural equation modelling (SEM) technique (SmartPLS 3 software). The results revealed the primary outcome, a significant relationship between EGB and OGC with ESP. GTA played the moderating role between EGB and ESP. The study's novelty contributes to the existing literature on sustainability in an organisational setting by assessing these relationships and testing the moderation effects. Theoretically, this study contributes by applying the theory of planned behaviour and Self-determination theory to explain the constructs. Besides contributing to the literature and theories, the study also offers many empirical insights for the industry, regulatory bodies, and other stakeholders of developing countries, especially Bangladesh. The study outcomes guide the decision-makers to formulate green strategies and encourage the employees' green behaviour and commitment to the organisations in the wake of greening the textile manufacturing sector. The study also identifies the need to incorporate GTA and OGC into textile SMEs to encourage positive EGB and increase ESP.
The panorama of corporate environmental sustainability and green values: evidence of Bangladesh
(Scopus, 2024-12-05) Hossain, Mohammad Imtiaz; Ong, Tze San; Tabash, Mosab I.; Teh, Boon Heng
Corporate environmental sustainability is gradually becoming consciously recognised by textiles due to increasing pressure from diverse stakeholders and enhancing competitiveness. However, the textiles in developing countries continue to face issues such as severe water pollution, emissions, and increased carbon footprint, despite using various recycling techniques. To tackle these ecological issues, micro- and macro-factors must be incorporated into sustainable policies and practices. Considering this, the current empirical study aims to assess the influence of employees' green behaviour (EGB) and organisational green culture (OGC) on environmental sustainability practices (ESP) among textile small and medium enterprises (SMEs) in Bangladesh. Furthermore, based on these relationships, the study examined the moderating role of green technology adoption (GTA). A conceptual model has been proposed. The quantitative methodology was employed with a self-administrated structured questionnaire, followed by a cross-sectional research design to test the model. The data were collected from employees of 140 textile SMEs in Dhaka and analysed using the structural equation modelling (SEM) technique (SmartPLS 3 software). The results revealed the primary outcome, a significant relationship between EGB and OGC with ESP. GTA played the moderating role between EGB and ESP. The study's novelty contributes to the existing literature on sustainability in an organisational setting by assessing these relationships and testing the moderation effects. Theoretically, this study contributes by applying the theory of planned behaviour and Self-determination theory to explain the constructs. Besides contributing to the literature and theories, the study also offers many empirical insights for the industry, regulatory bodies, and other stakeholders of developing countries, especially Bangladesh. The study outcomes guide the decision-makers to formulate green strategies and encourage the employees' green behaviour and commitment to the organisations in the wake of greening the textile manufacturing sector. The study also identifies the need to incorporate GTA and OGC into textile SMEs to encourage positive EGB and increase ESP.