The Journal of Management Theory and Practice (JMTP) 2024-06-13T15:29:32+00:00 The Journal of Management Theory and Practice (JMTP) Open Journal Systems <p>The Journal of Management Theory and Practice is an online international journal for publishing high quality peer reviewed papers in the field of theoretical and applied management areas. The main objective of this journal is to exchange ideas about management sciences, marketing and business research and so forth. The subject areas include, but are not limited to project management, business strategy and policy, finance and accounting, tourism management, risk management and takaful, entrepreneurship, insurance, applied economics, and islamic finance.</p> Vertical Farming Strategies and Sustainable Agriculture Practices in Malaysia 2023-07-28T11:19:22+00:00 Arwin Murugamoorthy Fakhrul Anwar Zainol <p>The research study is aimed at examining strategies of vertical farming business in Malaysia. The concept of sustainable agriculture is studied in detail and an attempt is made at modelling sustainable agricultural enterprises in Malaysia to act as a benchmark for vertical farming businesses. A solution to sustainable agriculture practices is vertical farming, a concept that was made popular by an American geologist Gilbert Elis Bailey in 1915. Vertical farming is not a new idea, having being used by the indigenous people of South American as layered food growing techniques. It is widely practiced by developed countries – the United States of America, Canada, Europe, The United Kingdom, Japan and Singapore and is seen as the future agriculture practice in most developed and developing countries where scarcity of arable land and unpredictability of weather conditions is constant. The purpose of this study is to raise awareness on the unsustainability of traditional agricultural practices and introduce vertical farming as one of the solutions. An exploratory research design is employed to study the various stakeholders in the vertical farming value chain to understand their existing practices, challenges and critical success factors in managing successful vertical farms in Malaysia.</p> 2023-07-28T11:04:51+00:00 Copyright (c) 2023 The Journal of Management Theory and Practice (JMTP) The Influence of Leadership Style and Information systems on Managerial Decision Making in The Hospitality Industry of Jordan: The Role of Organizational Culture as a Mediator 2023-11-26T06:24:19+00:00 Victor Soultanian Noor Aina Amirah Binti Mohd Noor <p>The Applicability of Islamic Crowdfunding as an Alternative Funding for Micro-entrepreneurs in MalaysiaThis study aimed to investigate the role of organizational culture in mediating the relationship between information systems, leadership styles, and managerial decision-making in the hospitality industry of Jordan. The study collected data from 356 valid responses of managers from Jordanian five-star hotels using self-distributed questionnaires. Structural Equation Model (SEM) was used to test the framework of the study and prove the hypotheses developed for the study. The results of the study indicated that information systems positively influence managerial decision-making, while the influence of leadership style was insignificant. Furthermore, both information systems and leadership style had a positive effect on organizational culture, which in turn had a significant positive effect on managerial decision-making. The study also found that organizational culture partially mediated the relationship between information systems and managerial decision-making, while fully mediating the relationship between leadership style and managerial decision-making. The study confirmed the theories of contingency theory and leadership style theory. The study has important implications for the hospitality industry in Jordan, particularly in terms of utilizing information systems and developing a positive organizational culture to improve decision-making effectiveness. The study also highlights the importance of understanding the moderating role of gender in leadership styles and managerial decision-making. This study provides valuable insights for decision-makers in the hospitality industry in Jordan and beyond.</p> 2023-08-20T00:00:00+00:00 Copyright (c) 2023 The Journal of Management Theory and Practice (JMTP) The Determinants of Service Recovery Performance Among Takaful Agents in Malaysia 2023-11-26T05:10:43+00:00 Wan Ayuni Wan Mohd Azmi Roslida Abdul Razak <p>The takaful sector in Malaysia currently grows rapidly and remains resilient and agile with 6.07 million certificates in current business enforcement. However, the penetration rate is still considered lower than those targeted by BNM and is not proportionate to the Muslim populations in Malaysia. Moreover, the disputes over the takaful sector had also been higher than in banking, Islamic banking, and the payment system sector for the past few years. Most of the disputes registered were delayed in the claims process and agents failed to provide product disclosure and explain the key terms, resulting in a lack of knowledge and understanding of the certificate and mis-selling takaful products to the participants. Hence, this conceptual paper of a future study intends to explore the determinants of service recovery performance among takaful agents, who play a crucial role as intermediaries between the participants and takaful operators. It is crucial for them to carry out their duties with care, diligence, and well-trained skills in keeping the sustainability of competitive advantage for takaful operators to acquire the future market and maintain the existing clients. This conceptual study is based on library research. The data of this study was collected from past literature reviews including journals, articles, theses, books, and related academic and non-academic items. This study is not a new topic, but empirical studies in this industry are limited especially in the takaful industry in Malaysia.</p> 2023-11-26T05:07:29+00:00 Copyright (c) 2023 The Journal of Management Theory and Practice (JMTP) Organisational Behaviour from Islamic Perspective: A Study on Ethical Climate, Ethical Leadership and Positive Behaviour 2024-02-19T07:26:04+00:00 Mohd Hidayat Mahadi Muhammad Hilmi Jalil Ahmad Munawar Bin Ismail Mohd Roslan Bin Mohd Tahir <p>Ethical leadership and positive behaviour in organisational behaviour hold vital significance in contemporary organisational management. Nonetheless, their application in public or private sectors often falls short of desired outcomes due to mounting instances of misconduct and breaches in organisational governance. Therefore, augmenting ethical leadership and positive behaviour with an ethical climate becomes imperative. This concept paper introduces a theoretical model encompassing ethical leadership and positive behaviour, as well as ethical climate as mediating factors in organisational behaviour management. The model is formulated and elucidated using Bandura's Social Learning Theory and al-Ghazali's Organizational Management Theory. A content analysis of earlier research pertaining to ethical climate, ethical leadership, and positive behaviour emphasises that cultivating an ethical climate in support of ethical leadership and positive behaviour yields positive outcomes for organisations. This article strives to enhance organisational development within practitioner circles and make a valuable scholarly contribution.</p> 2024-02-19T07:02:37+00:00 Copyright (c) 2024 The Journal of Management Theory and Practice (JMTP) Exploring Public Debt Determinants in ASEAN-5 Countries through the Lens of the Harrod-Domar Model 2024-02-19T06:57:25+00:00 Amri Sulong Mohd Shahidan Shaari Hafizah Abdul Rahim <p>This study investigates the determinants of public debt in ASEAN-5 countries from 1996 to 2021, utilizing the Harrod-Domar model. The independent variables of interest are savings and investment, while the dependent variable is public debt. The analysis reveals significant findings: savings exhibit a positive influence on public debt, aligning with the Harrod-Domar model's emphasis on the role of savings in economic development. Conversely, investment demonstrates a negative influence on public debt, consistent with the model's proposition that increased investment contributes to economic growth and potentially mitigates the accumulation of public debt. The study contributes to the understanding of the dynamics between savings, investment, and public debt in the context of ASEAN-5 economies, offering insights for policymakers and researchers concerned with fiscal sustainability.</p> 2024-02-19T06:51:43+00:00 Copyright (c) 2024 The Journal of Management Theory and Practice (JMTP) The Importance of Export School in MBKM (Merdeka Belajar Kampus Merdeka) 2024-05-06T04:43:35+00:00 Veronika Nugraheni Sri Lestari Syahrur Rohimah Shanty Ratna Damayanti Ilya Farida Putri Trisna septiawati <p>Through the government's Merdeka Learning Kampus Merdeka (MBKM) program, and in order to improve student abilities or skills in the field of Export, the Director General of Higher Education, Research and Technology (Dirjen Dikti Ristek) Nizam and Head of the Export School Handito Joewono inaugurated the Digital Export Showcase as a Gallery Export Products of Students of the Independent Study Independent Campus Program become 4.0 new exporters in the 2021/2022 school year.</p> <p>One of the government's programs is Export School. This is a partner of the Merdeka Campus program which organizes export learning outside the campus with the theme "Digital Export 2022." This program can be attended by students of at least on the fifth semester from all tertiary institutions in Indonesia.</p> <p>The advantages for students include First, competence and skills in the export industry, second, capability of developing export-related competence through practice, third, capability of developing expertise in the export industry.</p> 2024-03-25T00:00:00+00:00 Copyright (c) 2024 The Journal of Management Theory and Practice (JMTP) Financial Literacy and Financial Attitude Analysis Lifestyle-Mediated on Shopee Consumer Consumptive Behavior in Generation Z 2024-02-25T06:15:43+00:00 Sutarmin Salsabila Maulida Sugiyanto Wiwik Budiarti <p>The existence of consumptive behavior in the z generation is caused by a high lifestyle in order to follow the trend that is happening. In addition, consumptive behavior also arises due to a lack of understanding of the level of financial literacy. Apart from financial literacy, generation Z also needs to have a good financial attitude. If the z generation has a low level of understanding of financial literacy and financial attitude, it can lead to a high lifestyle, resulting in a consumptive behavior. The existence of this consumptive behavior makes generation Z unable to manage and respond to their finances properly. In this regard, the purpose of this study was to identify and analyze financial literacy and financial attitude towards the consumer behavior of Shopee users with lifestyle as a moderator variable in the Z generation. The research method used in this study is a quantitative approach. The sampling method used was purposive sampling and a total sample of 384 respondents was obtained. The analysis used in this study is inferential statistical analysis as measured by the SMARTPLS application. The results of the analysis obtained state that financial literacy has a significant effect on lifestyle. Financial attitude has a significant effect on lifestyle. Financial literacy has a significant effect on consumptive behavior. Financial attitude has a significant effect on consumptive behavior. Lifestyle has a significant effect on consumptive behavior. Financial literacy has a significant effect on consumptive behavior through lifestyle as an intervening variable. Financial attitude has a significant effect on consumptive behavior through lifestyle as an intervening variable.</p> 2024-02-25T00:00:00+00:00 Copyright (c) 2024 The Journal of Management Theory and Practice (JMTP) Management of Poverty Rate with Influence of Stunting in Central Indonesia: A Meta-Analysis 2024-06-13T15:29:32+00:00 Rahmawati Suyanto Sukesi Jajuk Dendy <p>Although the government has made various efforts, poverty remains a significant problem in Indonesia. Four out of ten provinces in central Indonesia are below the poverty line, making this region the center of attention in the fight against poverty. Additionally, the government is committed to achieving the Sustainable Development Goals (SDGs) as a global agenda to end poverty. However, stunting, linked to poverty, remains a significant problem in Indonesia, with a prevalence rate of approximately 21.6% in 2022. Therefore, this research aims to analyze how the management of stunting Poverty can be overcome by taking measures against stunting. This research uses a meta-analysis method with the TSSEM approach with the variables access to drinking water, nine years of education, access to adequate sanitation, and poverty in all neighborhoods of the city of each central province. Indonesia. This research found that as access to clean water increases, stunting decreases and becomes the most significant impact. Apart from this, as access to adequate sanitation facilities, nine years of education, and/or poverty increases, stunting will also increase. However, access to adequate sanitation has the lowest influence among the other variables. Other results show that access to drinking water, nine years of education, and poverty significantly affect stunting. Access to adequate sanitation facilities does not affect stunting.</p> 2024-06-13T00:00:00+00:00 Copyright (c) 2024 The Journal of Management Theory and Practice (JMTP)