Pusat Pengajian Siswazah Perniagaan - Tesis
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- PublicationThe Determinants Of Analyst Forecasting Accuracy In Pakistan(2025-06)Sajjad, WaseemThe main objective of the study is to investigate the factors that influence the accuracy of financial analysts' forecasts in the context of the Pakistani market. This study examines the relationship between analyst-specific characteristics (analysts’ experience and CFA qualifications), firm-specific characteristics (earnings management and ownership concentration), and macroeconomic uncertainty on analyst forecast accuracy.
- PublicationDeveloping A Heuristic Heterogeneous Agent Model For Government Intervention During Stock Market Crashes In China(2025-03)Huang, PingThe chinese stock market, characterised by a predominance of inexperienced retail investors and high levels of speculation, is notably marked by active government intervention aimed at managing major financial risks and stabilising financial markets. However, there is a scarcity of research on theoretical models that guide such intervention. This study seeks to fill that gap by developing a heuristic government model that provides guidance. The heuristic characteristics of the model are reflected in two key aspects: (1) both investors and the government utilize a simple moving average to calculate the fundamental value of the stock market; and (2) the government employs a simple linear model to determine the intervention threshold and intervention fraction. The study begins by examining excess volatility in china’s stock market using a heuristic heterogeneous agent model (h-ham) comprising mean-reverting and trend-following investors. It then develops a novel heuristic government ham (hg-ham) by introducing a government agent to provide guidance for government intervention. The model parameters are estimated using daily data from the chinese stock index 300 (csi 300) spanning 2006 to 2022, covering three significant periods of market fluctuation: the 2008 financial crisis, the 2015 chinese stock market crash, and the covid-19 epidemic.
- PublicationThe Moderating Role Of Corporate Governance Towards The Relationship Between Financial Management Factors And Working Capital Management Efficiency(2025-06)Alrahamneh, Luay Salem MohammadThis study examines the moderating role of corporate governance on the relationship between the financial management factors and working capital management efficiency (WCME) across key MENA countries; namely, Bahrain, Egypt, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. The study aims to investigate the impact of the cash conversion cycle (CCC); free cash flow; debt financing; global crisis events; and corporate governance factors of board size, board independence, and CEO duality on the WCME. Additionally, it aims to examine how corporate governance factors affect the relationships towards the WCME and evaluate the endogenous effect between the WCME and firm risk-taking.
- PublicationIntegration Utilisation Performance Management System: Study(2025-02)Karina, Ria KarinaThis study aimed to explore the integration and utilisation of big data into the performance management system (pms). A qualitative case study approach was employed, utilising a constructivist grounded theory approach for data analysis, complemented by socio-technical system (sts) theory to guide the co-construction of the resulting theoretical framework. A case study was conducted at a transportation company in indonesia, with data collected through in-depth interviews and document reviews. The study focused on global positioning system (gps) data as the primary form of big data analysed. The findings revealed that integrating gps-derived big data into pms enhances operational efficiency, control, and decision-making processes. Key drivers of gps data adoption and usage included regulatory compliance, stakeholder expectations and demands, financial and economic constraints, and the need to mitigate business risks. The integration process spans technical, organisational, and cognitive dimensions, involving six key elements of sts theory: goals, people, technology, infrastructure, processes, and culture. Additionally, collaboration emerged as a new element in the developed theoretical framework. This integration enables the alignment of big data capabilities with organisational performance objectives while enhancing data-driven culture within the organisation.
- PublicationThe Determinants Of Malaysian Esports Watching Behaviour: The Mediating Role Of Satisfaction(2025-07)Lim, Chee NgeeThis study aims to explore the influencing factors behind eSports watching behaviour in Malaysia by applying the CAB model. Specifically, it investigates the impact of cognitive elements (aesthetics, escapism, flow, physical attractiveness, knowledge acquisition, perceived value, and social interaction) and the affective element (positive emotions) on satisfaction. Furthermore, the study examines the mediating role of satisfaction in the relationships between cognitive elements and eSports watching behaviour, and positive emotions and eSports watching behaviour.