Proceedings of the 3rd International Conference on Business, Finance, Management and Economic (BizFAME 2024)

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30 articles
Proceedings Article

Peer-Review Statements

Mohd Rizaimy Shaharudin, Azyyati Anuar, Preecha Wararatchai, Natpatsaya Setthachotsombut, Wissawa Aunyawong
All of the articles in this proceedings volume have been presented at the [International Conference of Business, Finance, Management and Economics 2024] during [24-25 October 2024,] in [Suan Sunandha Rajabhat Universiti, Thailand]. These articles have been peer reviewed by the members of the [Scientific...
Proceedings Article

The Impact of Demographic Factor on Malaysia’s Small and Medium-Sized Family Enterprises Performance: Insights from a Partial Least Squares Analysis

Nor Razuana Amram, Noor Hidayah Zainudin, Hasroleffendy Hassan, Norhafizah Abdul Halim
Small and Medium-sized Family Enterprises (SMFEs) encounter significant challenges in optimizing their business performance. Therefore, this research aims to explore the impact of demographic factors on the performance of these enterprises. The research utilizes Partial Least Squares-Structural Equation...
Proceedings Article

Harnessing AI: Transforming Social and Environmental Accountability in Accounting Practices

Roshidah Safeei, Marzlin Marzuki, Sazilah Mohd Saad, Abd Hadi Mustaffa, Norfarah Syahirah Mohd Fadzilah, Nor Adilla Tajarahim
As global standards on sustainability tighten, companies are being held responsible for their economic, environmental, and social performance. Conventional social and environmental accounting processes are disjointed and ineffective, unable to communicate the complexity and magnitude of sustainability...
Proceedings Article

Adapting to New Norms: The Integration of Post-Pandemic Era Safety Measures into Organizational Safety Culture

Nur Diana Hassan, Siti Fairuza Hassam, Jamaludin Akbar, Mashitah Mohamed Esa
The pandemic drastically changed workplace safety strategies, and its effects continue to affect organizations long after the pandemic has ended. The study sheds light on how, during the pandemic, administrative controls (ADMC), engineering controls (ENGC), preparation and response plans (PRPC), and...
Proceedings Article

The Role of Sufism in Shaping Ethical Practices and Business Integrity: Examining Spiritual Consciousness as a Mediator in Islamic Business

Muhammad Saiful Islami Mohd Taher, Siti Aisyah Yusof, Sakinatul Raadiyah Abdullah, Farahdina Fazial, Muhammad Saiful Islam Ismail, Norhasnira Ibrahim
The increasing demand for ethical business practices in modern Islamic contexts emphasizes the need to understand the relationship between spiritual consciousness and business integrity. This study addresses the gap in exploring how Sufi principles, particularly through spiritual consciousness (ruhaniyah...
Proceedings Article

Harnessing Artificial Intelligence in Office Management: Boosting Decision-Making Efficiency and Employee Performance

Hanani Hussin, Nurul Izzati Idrus, Nurfaznim Shuib, Jefry Elias, Norfaizah Md Nasir, Nurul Amira Azmi, Sovia Rosalin
Experts have conducted this research to explore the effects of artificial intelligence (AI) on office management through its influence on decision-making operations with performance results for employees. The extensive use of artificial intelligence technologies across industries does not extend to its...
Proceedings Article

Cultivating Sustainable Business Practices: The Role of Problem-Based Learning in Enhancing Creativity in the Educational Sector

Sharina Saad, Azyyati Anuar, Suciyati Haji Sulaiman
This study explores the role of Problem-Based Learning (PBL) in enhancing creativity and fostering sustainable business practices in the educational sector. As businesses face increasing sustainability challenges, there is a growing need to prepare students with the skills necessary to develop innovative...
Proceedings Article

The Role of Workplace Empowerment in Mediating the Relationship Between Trade Union Strength and Job Satisfaction among Employees: A Narrative Review

Noorlailahusna Mohd Yusof, Noorayuni Rusli, Hafizah Hammad Ahmad Khan, Mohammad Akmal Hakim Mohd Yusof
This study explores the impact of trade union strength on employee job satisfaction, specifically examining the mediating role of workplace empowerment. The problem lies in the limited understanding of how trade unions influence employee satisfaction and the mechanisms that drive this relationship. While...
Proceedings Article

Demographic Shifts and Carbon Emissions: The Age-Driven Environmental Impact and Policy Implications

Nabila Ahmad, Hafizah Hammad Ahmad Khan, Noor Zahirah Mohd Sidek
The growing concern over environmental degradation, particularly carbon emissions (CO2), has sparked interest in understanding the demographic factors contributing to this issue. This study examines the relationship between population aging and CO2 emissions, as the country is expected to become an aging...
Proceedings Article

The Role of Technological Transfer in Amplifying Foreign Direct Investment’s Impact on Economic Growth in Developing Countries

Hafizah Hammad Ahmad Khan, Rosmaiza Abdul Ghani, Muhammad Hanif Othman, Handri Handri, Azib Azib
Foreign direct investment (FDI) is widely recognized as a pivotal driver for economic growth primarily due to its role in facilitating technological transfer. This study aims to examine the roles of FDI on economic growth in developing countries, by focusing on the mediating roles of technological transfer....
Proceedings Article

Corporate Governance Mechanisms and Integrity Disclosure: A Conceptual Model with Organizational Culture as a Moderator

Farah Amalin Mohd Noor, Roshima Said, Syahiza Arsad, Nur Aima Shafie
Corporate integrity and transparency are fundamental to fostering trust among stakeholders, yet many firms face challenges in ensuring adequate integrity-related information disclosure. Weak corporate governance mechanisms, particularly ineffective audit committees and ownership structures, contribute...
Proceedings Article

Exploring Challenges and Opportunities in Asnaf Entrepreneurship: A Pilot Study in Kedah

Faizatul Hasliyanti Ghazali, Syahiza Arsad, Roshima Said, Rushda Hadzira Ismail, Wan Sallha Yusoff
This study examines the challenges and opportunities faced by Asnaf entrepreneurs within the Kedah Micro, Small and Medium Enterprise (MSME) sector, a marginalized community that benefits from zakat contributions. Despite the growing emphasis on entrepreneurship as a tool for poverty alleviation, Asnaf...
Proceedings Article

Weaving Success: How Craft-Design Collaborations Enhance Creative Synergy to Drive Product Innovation in Project Management

Asrol Hasan, Sarah Sabir Ahmad, Normaziana Hassan, Ruwaidy Mat Rasul
This study explores the impact of craft-design collaborations on product innovation, particularly focusing on how these collaborations enhance creative synergy in project management. The problem addressed by the study is the lack of understanding regarding the mechanisms through which interdisciplinary...
Proceedings Article

Responsible AI Literacy’s Role in Ethical, Transparent, and Sustainable AI Adoption in SMEs: Mediating Effects of Technology, Organization and Environment

Abd Latif Abdul Rahman, Wan Irham Ishak, Muhammad Azhan Abdul Aziz, Zuraidah Arif, Shafinah Md Salleh, Moh Safii
The adoption of Artificial Intelligence (AI) in Small and Medium-sized Enterprises (SMEs) presents both opportunities and challenges, particularly in ensuring ethical, transparent, and sustainable AI implementation. Despite the growing significance of AI, many SMEs struggle with adoption due to limited...
Proceedings Article

Digital Marketing Strategies for Empowering Asnaf Entrepreneurs: A Zakat-Based Approach

Farahdina Fazial, Nuraina Nadiah Rosli, Norhafizah Abdul Halim, Rohayati Hussin, Nurul Mazrah Manshor, Mohammad Taqiuddin Mohamad
This study addresses the critical challenge of empowering asnaf entrepreneurs through digital marketing strategies within a zakat-based framework in order to overcome barriers such as low technology adoption and inefficient fund distribution. The study aims to establish a conceptual model that integrates...
Proceedings Article

Empowering Financial Decisions: The Impact of Digital Financial Literacy on Financial Well-Being Through Fintech Adoption

Hasmah Laili Jamalurus, Fauziah Mohamad Yunus, Mohamad Hanif bin Abu Hassan
The study responds to the increasing significance of digital financial literacy (DFL) in relation to financial decision-making, fintech adoption, and financial well-being. Although the trend towards a growing reliance on digital financial services continues, little is known about how digital literacy...
Proceedings Article

The Role of Accounting Ethics Education in Shaping Professional Integrity: Exploring the Mediating Effect of Ethical Reasoning on Ethical Decision-Making

Marzlin Marzuki, Roshidah Safeei, Noora’in Omar, Sazilah Mohd Saad, Razanawati Nordin, Dayana Jalaludin
The accounting profession is facing increased scrutiny as a result of ethical violations, highlighting the necessity for comprehensive ethics education aimed at inculcating professional integrity. To fulfill this requirement, the present study conceptualizes a model to analyze the influence of accounting...
Proceedings Article

Exploring the Role of Social Media in Knowledge Management for SMEs: A Comprehensive Literature Review

Zuraidah Arif, Abd Latif Abdul Rahman, Sharunizam Shari, Noryana Ahmad Khusaini, Zati Atiqah Mohamad Tanuri, Ahmad Sufi Alawi Idris, Azyyati Anuar, Moh. Safii
In the digital age, social media has emerged as a transformative tool for knowledge management (KM) in small and medium-sized enterprises (SMEs). However, despite its growing adoption, SMEs face significant challenges in effectively leveraging social media for KM, including knowledge security concerns,...
Proceedings Article

Navigating Risk and Returns: Unraveling the Impact of Accounting Conservatism on Corporate Performance through Strategic Decision-Making

Jaya Kumar Shanmugam, Intan Marzita Saidon, Roshima Haji Said, Marjan Mohd Noor
Accounting conservatism is a key aspect of financial reporting, prioritizing the prompt recognition of losses over the postponement of gains, which in turn influences corporate decision-making and performance. A few studies have examined the mediating effect of strategic decision-making, although existing...
Proceedings Article

Product Market Competition and Firm Innovation: The Mediating Role of Strategic Agility in Driving Competitive Advantage

Sazilah Mohd Saad, Yanti Mustapha, Mohd Faiz Hilmi, Abdul Mutalib Mahmood, Marzlin Marzuki, Roshidah Safeei
This study explores the mediating role of strategic agility in the relationship between product market competition and firm innovation, addressing the need for firms to adapt and innovate in highly competitive environments. While product market competition is recognized as a driver of innovation, its...
Proceedings Article

Bridging Language Gaps in Business Writing: The Role of Writing Conventions in Enhancing ESL Students’ Meeting Reports

Rafidah Amat, Nur Syazwanie Mansor, Nor Asni Syahriza Abu Hassan, Mohd Badri Amat
Coherence and clarity are vital for effective business communication, particularly in formal written records such as meeting minutes. ESL students often adopt standard academic writing conventions, but language differences and limited exposure to business genres may lead to unnoticed errors in their...
Proceedings Article

Enhancing Business Writing Competence in Higher Learning Institutions: The Role of English for Specific Purposes as a Mediating Factor in Professional Communication Outcomes

Nur Syazwanie Mansor, Fatin Nuraini Sabidi
In today’s globalized business environment, effective professional communication is a critical skill for graduates. However, many higher learning institutions struggle to design business writing curricula that fully align with workplace expectations, leaving graduates underprepared for industry demands....
Proceedings Article

Market Opportunities and Business Strategies for Freestanding Kitchen Solutions Catering to Renters and Nomadic Lifestyles

Dinah Rakhim, Basyarah Hamat, Norhafizah Abdul Halim
The increasing normalization of transient living arrangements among renters and nomadic individuals has led to the growing demand for adaptable, customizable and mobile kitchen solutions. This happen because the traditional built-in kitchens often fail to meet the needs of these consumers. This situation...
Proceedings Article

Empowering Food Security Through Waqf

The Mediating Role of Sustainable Agricultural Practices

Sakinatul Raadiyah Abdullah, Siti Aisyah Yusof, Izatul Akmar Ismail, Azreen Hamiza Abdul Aziz, Azlan Abdul Rahman, Shahirah Said
Food security remains a critical global challenge, requiring innovative financial and agricultural strategies to ensure sustainable food production. Waqf, an Islamic endowment, has emerged as a viable mechanism to support food security through sustainable agricultural practices. However, limited research...
Proceedings Article

Empowering Small Medium Enterprises for Industry 4.0: The Impact of Lean 4.0 on Operational Excellence through Digital Agility

Azyyati Anuar, Sharina Saad, Mohamad Fazali Ghazali, Daing Maruak Sadek, Azlyn Ahmad Zawawi, Hafizah Hammad Ahmad Khan, Noorlaila Husna Mohd Yusof
The transition to Industry 4.0 (I4.0) presents significant challenges for small and medium enterprises (SMEs), particularly in integrating Lean 4.0 (L4.0) to enhance operational efficiency. Despite the recognized benefits of lean manufacturing principles, SMEs often struggle with limited financial resources,...
Proceedings Article

Leveraging Virtual Influencers for Cultural Representation and Consumer Engagement: A Strategic Business Perspective in Multicultural Markets

Normaziana Hassan, Basitah Taif, Rosita Mohd Tajuddin
In multicultural markets like Malaysia, this conceptual paper examines the strategic role of AI-powered virtual influencers as instruments for consumer engagement and cultural representation. The study investigates how companies can use virtual influencers to mediate cultural narratives, affect consumer...
Proceedings Article

A Conceptual Framework of Keyboarding Readiness: The Mediating Role of Self-Efficacy among Office Management Undergraduates

Nurul Izzati Idrus, Berlian Nur Morat, Shazwani Mohd Salleh, Siti Shuhada Ishak
This study proposes a conceptual framework to explain the mediating role of self-efficacy in the relationship between readiness factors (physical, cognitive, and motivational readiness) and keyboarding readiness among office management undergraduates. Keyboarding readiness is essential in modern business...
Proceedings Article

Aligning Malaysian Art and Design Education with Industry Competencies: Research-in-Progress

Nurul ‘Ayn Ahmad Sayuti, Neesa Ameera Mohamed Salim, Asrol Hasan, Ahmad Fazlan Ahmad Zamri, Mohd Zamri Azizan, Shahriman Zainal Abidin
From the economic perspective, art and design education promote innovation, creativity, and skills that propel economic development by producing a workforce fit for the creative sectors that support many industries. To meet industry standards, art and design students need cognitive, emotional, and psychomotor...
Proceedings Article

The Capabilities of the Rural Poor in Sabah and Kelantan, Malaysia: Evaluating a Poverty Eradication Program and Its Impact on Well-Being

Nor Ardyanti Ahmad, Tunku Nashril Tunku Abaidah, Siti Norfazlina Yusoff, Mahazir Ismail
Global poverty reduction efforts have long relied on income-based interventions such as cash transfers and microfinance. While these approaches have yielded positive short-term outcomes, they often fail to address deeper structural barriers that hinder long-term well-being. In Malaysia, the income enhancement...
Proceedings Article

The Impact of Consumer Behavior on Returns Condition and Quality of Returns in Fleet Management Reverse Logistics: A Case of a Fleet Management Firm in Malaysia

Mohd Rizaimy Shaharudin, Mohd Fazil Jamaludin, Preecha Wararatchai, Mohamad Ariff Abd Latif
This study aims to examine the relationship between consumer behavior (norms, awareness, and utilization) and the condition of returned vehicles in fleet management reverse logistics, as well as the subsequent impact of return condition on quality. Using a quantitative research design, data were collected...