The Journal of Management Theory and Practice (JMTP)

Exploratory Factor Analysis on Employees’ Competence Construct: Evidence from Nigerian Basic Educational System

2024-09-04T06:05:09+00:00

This study is an attempt to provide a reliable instrument for measuring employees’ competence through Exploratory Factor Analysis (EFA), specifically in the context of Nigeria basic education. The study explores EFA to ascertain whether the dimensionality of items measuring employees’ competence has changed from previous studies, as the current study differs in terms of social and cultural status. Many studies have used various instruments to measure competency. This study laid emphasis on four (4) selected dimensions of competency namely self-competency, team competency, communication competency, and ethical competency which are suited to the target population. Hence, this study examines the EFA of employees’ competence using 20 items in measuring four (4) dimensions of competency. The researcher employed a cross-sectional design with a structured survey in carrying out the study and data was collected randomly from 116 respondents working in Kebbi State Universal Basic Education System Administration (UBESA). From the analysis conducted under EFA, the said instrument has met all EFA requirements and proved that 20 items with 4 dimensions of competency containing five (5) items for each dimension are a reliable instrument. The Cronbach Alpha test which verifies the internal reliability of the said instrument also met the threshold of above 0.7 for each dimension of the competency construct.

Empowering Citizen Scientists Through Virtual Marine Heritage with Epoxonomy©

2024-09-05T06:07:30+00:00

Taxonomy is often undervalued, perceived merely as a descriptive science focused on identification, with limited career prospects. However, taxonomy plays a crucial role in conservation biology and informs policy decisions, adhering to ethical standards. This is particularly significant for Malaysia, a central biodiversity hotspot, where public awareness of marine biodiversity's value is lacking. Addressing this challenge involves educating the public on the importance of taxonomy and marine biodiversity for the sustainable management of natural heritage resources through citizen science. This paper introduces EpoXonomy©, a novel initiative designed to enhance engagement between marine experts, youth, and the public, emphasizing the significance of biological collections from the South China Sea Repository and Reference Center. EpoXonomy© utilizes a virtual exhibition format to achieve its goals, structured around three core learning outcomes (CLOs). These CLOs aim to bridge marine taxonomic discoveries, educational awareness, and online exhibitions through a collaborative effort involving trained academicians, curators, industrial experts, and undergraduate students. The project's primary objective is to inspire a younger generation to value their natural heritage by engaging trained taxonomists and curators and fostering a citizen science community. This community is nurtured through the training and empowerment of undergraduate students in marine biology. Additionally, EpoXonomy© seeks to provide avenues for public participation and stimulate early interest in scientific research, facilitating knowledge transfer and raising awareness in alignment with the themes and objectives of Sustainable Development Goal 14 (Life Below Water). In summary, EpoXonomy© represents a comprehensive approach to marine heritage awareness, knowledge dissemination, and readiness among citizen scientists, ultimately contributing to the long-term sustainability of marine biodiversity through informed public engagement and education.

Navigating the Cryptocurrency Maze: A Comprehensive Analysis of Regulatory Frameworks in Malaysia

2024-09-24T04:12:40+00:00

Cryptography is widely used in modern communication to ensure secure data transmission, online banking, and e-commerce. The presence of digital currency aids in removing intermediaries and the associated processes and costs of the middle person or platform. At present, Bank Negara Malaysia is yet to recognise digital currency as a legal tender. Despite the benefits, there are hidden risks associated with the usage of digital currency. This study aims to provide an in-depth analysis of the existing regulatory framework for cryptocurrencies in Malaysia and proposes recommendations for enhancing regulatory effectiveness and promoting innovation in the digital asset space. This article examines the regulatory challenges faced by Malaysia in balancing the promotion of financial innovation through cryptocurrencies while ensuring adequate investor protection and market integrity. This study adopts qualitative research by doctrinal legal approaches in analysing the current legal practice, the relevant statutes, and the viability of the Malaysian legal framework. Drawing insights from Malaysia's cryptocurrency regulatory framework, this study offers valuable lessons on effective governance strategies for digital assets in a rapidly changing financial landscape.

Retirement Preparedness For Self-Employed: Customized Investment Portfolios With Bonds, Sukuk and ESG

2024-09-24T03:51:08+00:00

The transition to retirement poses unique challenges for self-employed individuals, who lack the structured retirement plans available to their traditionally employed counterparts. This study aims to shed light on the issue of retirement planning for self-employed individuals, with a focus on evaluating the benefits of utilizing bonds, sukuk, and ESG investments in securing a financially stable future. This study explores the challenges faced by self-employed individuals in preparing for retirement and investigates the benefits of integrating bonds, sukuk, and ESG (Environmental, Social, and Governance) investments into customized portfolios tailored to their unique financial goals and risk tolerances. This study explores Customized Investment Portfolios with bonds, sukuk, and ESG investments, utilizing a qualitative approach through extensive library and online research. It examines the practicality, usefulness, and market potential of tailored investment solutions for long-term financial security and alignment with personal values. The innovation lies in proposing Customized Investment Portfolios, designed to balance risk and return, while considering ethical values and long-term sustainability. The findings reveal that a carefully crafted portfolio integrating these investment types can provide self-employed individuals with a robust and diversified approach to retirement planning. Moreover, the study emphasizes the significance of holistic retirement planning, encompassing not only financial considerations but also risk management, periodic monitoring, and contingency strategies. By uncovering the benefits of bonds, sukuk, and ESG investments within tailored portfolios, the research aims to empower self-employed individuals with knowledge and tools to navigate retirement successfully. The contribution of this study lies in bridging the gap in retirement preparedness for the self-employed, offering a comprehensive guide that facilitates informed decision-making and fosters financial security in their golden years.