Institutions and Economies
http://jice.um.edu.my/index.php/ijie
<div align="justify"> <p>Institutions and Economies is a peer reviewed journal published by the Faculty of Business and Economics (formerly Faculty of Economics and Administration), University of Malaya. The journal is published four times a year, in January, April, July and October. The journal publishes research articles <strong>(excluding systematic literature review)</strong> and book reviews. Only original research articles that are not under consideration by other publishers are welcome. Special issues are also welcome but interested special issue editors must submit a proposal to the Editor-In-Chief for consideration. The journal is indexed in SCOPUS, IDEAS, MYCite, ECONPapers, ASEAN Citation Index (ACI), EBSCO and Asian Digital Library. Institutions and Economies is a recipient of the CREAM Award 2016 by the Ministry of Higher Education Malaysia.</p> <p>Print ISSN: 2232 - 1640<br />E - ISSN: 2232 - 1349 </p> <p> </p> <p><strong>Peer Review Statement </strong></p> <p><strong><em>All research articles in the journal have undergone rigorous peer review. The process consists of an initial screening by the</em> <em>Editor-In-Chief, Deputy Editor and</em><em> Associate Editors, followed by double-blind refereeing: two reviewers for articles. Articles in special issues go through double-blind refereeing and one internal review by the Editorial Board. </em></strong></p> <p><strong><br />IMPORTANT ANNOUNCEMENT</strong></p> <p>There will be a <strong>publication fee of RM500 for accepted papers only (papers that have undergone the double-blind review process)</strong> to partially cover the expenses of copy editing of accepted manuscripts. <strong>Payment of the publication fee should only be made after acceptance of a manuscript.</strong> </p> <p><strong>Note: Submissions from 1/1/2025 and that have been accepted for publication after the double-blind review process will be subject to a publication fee of USD150/-.</strong></p> <p>The detailed information of the payment process can be seen <a href="https://drive.google.com/file/d/1CPooLEtB_tNkFSLKN7uhPxJIu6aHqd_1/view?usp=sharing">here</a>. Payment of the publication fee can be done at this <a href="https://epay.um.edu.my/">website</a>.</p> <p> </p> </div> <div class="SnapLinksContainer" style="margin-left: 0px; margin-top: 0px; display: none;"> <div class="SL_SelectionRect"> <div class="SL_SelectionLabel" style="right: 2px; bottom: 2px;">0 Links</div> </div> <!-- Used for easily cloning the properly namespaced rect --></div> <div class="SnapLinksContainer" style="margin-left: 0px; margin-top: 0px; display: none;"> <div class="SL_SelectionRect"> </div> <!-- Used for easily cloning the properly namespaced rect --></div>University of Malayaen-USInstitutions and Economies2232-1640<p>Submission of a manuscript implies: that the work described is original, has not been published before (except in the form of an abstract or as part of a published lecture, review, or thesis); that is not under consideration for publication elsewhere; that its publication has been approved by all co-authors, if any, as well as tacitly or explicitly by the responsible authorities at the institution where the work was carried out. Transfer of copyright to the University of Malaya becomes effective if and when the article is accepted for publication. The copyright covers the exclusive right to reproduce and distribute the article, including reprints, translations, photographic reproductions, microform, electronic form (offline and online) or other reproductions of similar nature.<br />An author may self-archive the English language version of his/her article on his/her own website and his/her institutions repository; however he/she may not use the publishers PDF version which is posted on www.ijie.um.edu.my. Furthermore, the author may only post his/her version, provided acknowledgement is given to the original source of publication and a link must be accompanied by the following text: The original publication is available at www.ijie.um.edu.my.</p> <p>All articles published in this journal are protected by copyright, which covers the exclusive rights to reproduce and redistribute the article (e.g. as offprint), as well as all translation rights. No material published in this journal may be reproduced photographically or stored on microfilm, in electronic database, video disks, etc., without first obtaining written permission from the publishers. The use of general descriptive names, trade names, trademarks, etc., in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.</p> <p>The copyright owners consent does not include copying for general distribution, promotion, new works, or resale. In these cases, specific written permission must first be obtained from the publishers.</p>The Convergence of Digitalization and Sustainability for the Greater Good
http://jice.um.edu.my/index.php/ijie/article/view/55332
Nor Asiah OmarElaina Rose JoharXin-Jean Lim
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2024-10-012024-10-0116Impact of Gamification on Intention to Donate Using Crowdfunding Platform: Evaluating the Mediating Roles of Affective User Experience and Trust
http://jice.um.edu.my/index.php/ijie/article/view/55334
<p>Crowdfunding platforms are seen as potential solutions to facilitate<br>disintermediated giving, where people can go directly to the public for help with their<br>difficulties. Although disintermediation is widespread and active in the crowdfunding<br>industry, the fiercely competitive environment, combined with concerns about personal<br>data use and unethical conduct, has resulted in an enormous number of campaigns<br>failing. Therefore, it is crucial to investigate factors that influence contributors’ intention<br>to participate in the crowdfunding platform. Using a self-administered survey, this<br>research collected data from 339 individuals with initial knowledge of crowdfunding<br>activities. The results of hypothesis testing indicate that gamification has a direct positive<br>impact on affective user experience and trust in the platform but insignificantly affects<br>donation intention on a crowdfunding platform. Interestingly, the mediating role of<br>affective user experience and trust are established. The results lead to the discussion that<br>gamification alone not directly impact donors' intentions to contribute on crowdfunding<br>platforms, it significantly influences intention when mediated by affective user experience<br>and trust in the platform. The substantial contribution of the relationship between gamification and trust in the platform, emphasizing the importance of user experience as a key precursor to positive behavioural intentions in online and gamified environments.</p>Nur Aqilah Hazirah Mohd AnimNor Asiah OmarXin-Jean LimSyed Shah Alam
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2024-10-012024-10-0174010.22452/IJIE.vol16no4.1Halal and Muslim-Minority Countries: A Systematic Literature Review
http://jice.um.edu.my/index.php/ijie/article/view/55335
<p>Muslim-minority countries have emerged among the largest exporters of halal<br>products for the Muslim market and received significant numbers of inbound Muslim<br>travellers. The global nature of the halal industry value chain calls for a thorough<br>understanding about halal, particularly in the context of Muslim-minority countries.<br>To gain this understanding, a systematic literature review was conducted to explore the<br>themes of halal research in Muslim-minority countries. A total of 22 empirical research<br>articles were analysed based on a review protocol adapted from ROSES. The articles were<br>sourced from the Scopus and Web of Science, with Google Scholar as a supplementary<br>database. The study generated five main themes that synthesise the scholarly knowledge<br>about halal in the context of Muslim-minority countries at the consumer, organization,<br>and institution levels of analysis. The findings illustrate the lack of understanding about<br>halal among the industry players and consumers, as well as the lack of central governance<br>and policymaking within the halal industry in Muslim-minority countries. Based on the<br>findings, the study provides future direction for research and practice.</p>Khairul Akmaliah AdhamNur Sa’adah MuhamadMohd Fuaad SaidNadiah Mahmad Nasir
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2024-10-012024-10-01417710.22452/IJIE.vol16no4.2Managing the Adoption of Geospatial Information and Technologies in Multiple Industries
http://jice.um.edu.my/index.php/ijie/article/view/55336
<p>In the era of the 4th industrial revolution, geospatial information has become<br>essential for improving processes and enhancing task performance across the value<br>chain, benefiting sectors such as agriculture, transportation, and logistics. Despite<br>the widespread adoption of geospatial technology, understanding how to manage its<br>adoption is crucial as technology continually evolves. This study aims to elucidate key<br>aspects of managing the adoption of geospatial information and technology through a<br>case study approach. The research involves interviews with Chief Executive Officers<br>(CEOs) and directors from three different industries in Malaysia—agriculture, logistics,<br>and transport—that utilise geospatial technologies. Thematic analysis of the interviews<br>revealed four main themes: managing expectations of adoption, addressing factors of nonadoption,<br>overseeing interactions in the adoption process, and ensuring the immersion of<br>the technology. These findings provide valuable insights into the challenges and strategies<br>for adopting new technologies, particularly those that transform traditional operations<br>into technology-driven practices. The study’s evidence underscores the importance<br>of effective management in fostering the growth and economic expansion driven by<br>geospatial technology.</p>Nor Liza AbdullahMohamad Rohieszan RamdanNurul Ashykin Abd AzizHazrul Izuan ShahiriMohd Danial Afiq Khamar Tazilah
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2024-10-012024-10-017911210.22452/IJIE.vol16no4.3Towards a Sustainable Financial Future: Exploring the Influence of E-Wallet Adoption Among Gen Z in Malaysia
http://jice.um.edu.my/index.php/ijie/article/view/55337
<p>The COVID-19 pandemic has prompted a shift in payment approaches, with<br>a preference for e-wallets. Despite their potential, Malaysians lag in adopting e-wallets.<br>It is necessary to gain a deeper understanding of the factors influencing e-wallet<br>adoption, especially through Gen Z. Therefore, we conducted this study using the<br>Unified Theory of Acceptance and Use of Technology (UTAUT) framework to explore<br>the factors influencing e-wallet adoption among Gen Z. Interviews with eight members<br>of Gen Z reveal that advantages like time savings and the ability to manage and monitor<br>transactions drive the adoption of the e-wallet payment method. Emergent themes, such<br>as government incentives and the convenience of donating, further delineate the adoption<br>of e-wallets. The adoption of e-wallets will eventually promote sustainable consumption<br>by replacing cash transactions and reducing carbon emissions due to the reduced<br>physical transit of financial resources. This study enhances the UTAUT and suggests<br>prospective avenues for the growth of e-wallets in Malaysia. Practically, the findings are<br>advantageous for financial service providers that are enhancing their e-wallets, as well<br>as for government initiatives to transition to a cashless society and ultimately achieve<br>sustainable development goals.</p>Nurul Atasha JamaludinHafizah Omar ZakiRaudha Md. RamliSuhaida Herni Suffarruddin
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2024-10-012024-10-0111313810.22452/IJIE.vol16no4.4Who’s the Winner? A Comparative Study of Like, Comment and Share Functions in Consumers’ Purchase Intention between Facebook and Instagram
http://jice.um.edu.my/index.php/ijie/article/view/55339
<p>In the past few years, there has been a significant focus on investigating the<br>impact of social media engagement. Although previous studies recognize the importance<br>of social media engagement, there is still a lack of in-depth analysis regarding the specific<br>influences of likes, comments, and shares on consumer behaviour, especially concerning<br>how these engagements affect different platforms. This study aims to examine the<br>relationship between social media engagement metrics (likes, comments, and shares) and<br>consumer purchase intention on two prominent platforms, Facebook and Instagram. By<br>adopting a cross-sectional design, this study employed purposive sampling to gather data<br>from Malaysian university students who have engaged in purchasing activities on social<br>media platforms such as Facebook and Instagram. The analysis was conducted using<br>Partial Least Squares Structural Equation Modeling (PLS-SEM) based on 265 completed<br>responses, comprising 131 from Facebook users and 134 from Instagram users. The<br>results reveal a significant positive relationship between likes and shares with consumer<br>purchase intention on both Facebook and Instagram. However, comments were not found to be associated with consumer purchase intention on either platform. Furthermore, the<br>study conducted a comparative analysis between Facebook and Instagram and found no<br>significant differences in the relationships between engagement metrics and purchase<br>intention. These findings have practical implications for marketers, emphasizing<br>the importance of fostering engagement through likes and shares to drive consumer<br>purchasing behaviour on social media platforms.</p>Nadzirah RosliElaina Rose JoharMuhammad Luqman Hannan Bin Mad LazimSharizal HashimNoor Faezah Juhari
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2024-10-012024-10-0113916610.22452/IJIE.vol16no4.5