http://mjs.um.edu.my/index.php/ijie/issue/feedInstitutions and Economies2025-01-01T07:56:26+08:00Institutions and Economiesijie@um.edu.myOpen Journal Systems<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>http://mjs.um.edu.my/index.php/ijie/article/view/57456Leaving No One Behind: Risk Assessment of the Indian Displaced Community in Malaysia2024-12-24T09:30:01+08:00Raja Manickam Sureshsuresh.rajamanickam412@gmail.comVGR Chandranvgrchandran@um.edu.mySonia Kumari Selvarajansoniakumari@um.edu.mySivachandralingam Sundara Rajasiva@um.edu.my<p>Tracking the socioeconomic risk of displacement is crucial for policymakers to<br>design better intervention programmes and plan future resettlement interventions. Yet<br>such efforts are lacking, leaving the displaced community behind. This paper assesses<br>the socioeconomic risk of displaced Indian plantation households in Malaysia to provide<br>key evidence for the government to achieve its goals of shared prosperity and inclusive<br>development in two areas of risk: joblessness and marginalisation. This study uses a<br>mixed method, combining a questionnaire survey with selective interviews. The results<br>show that socioeconomic risks are crucial for the displaced community, especially in<br>terms of employment, the ability to earn a decent income and financial stability. The<br>lack of occupational mobility, lack of appreciation of work experience, skills bias, gender<br>discrimination and limited intergenerational mobility contribute to marginalisation.<br>The study suggests implications for intervention policy design to effectively address<br>socioeconomic risk.</p>2025-01-01T00:00:00+08:00Copyright (c) 2025 http://mjs.um.edu.my/index.php/ijie/article/view/57457Contract Enforcement and Marketing Relationship Management: Effects of Digital and ICT Transformations2024-12-24T09:39:24+08:00Aprillia Elly Kusumastutiaprilliaelly@students.undip.ac.idNaili Faridanailifarida@lecturer.undip.ac.idI Made Sukresnai.made.sukresna@live.undip.ac.id<p>The development of the digital era makes transactions easier and more<br>transparent, making it necessary to build new management for creating cooperation<br>contracts between companies. This study aims to operationalise contract enforcement<br>functions and confirm their impacts on improving inter-company relations. This research<br>offers a new perspective on contract management and opportunism in business-tobusiness<br>e-procurement through the marketplace. Transparency in online procurement<br>would provide a view of the contingency of information technology (IT)-enabled<br>interactions of the buyers’ contract enforcement relationships on the opportunistic<br>behaviours which will affect the marketing channel performance. From analysing<br>the data collected from 97 producers, this study finds that contract enforcement has<br>negative effects on opportunistic behaviour. Second, opportunistic behaviour also has<br>negative effects on channel cooperative performance. Meanwhile, IT-enabled interactions<br>moderate the effects of contract enforcement on opportunistic behaviour. Overall, contract<br>enforcement and IT-enabled interactions improve channel cooperative performance<br>because they can suppress opportunistic behaviour. This research enriches and adds<br>insight into the pieces of literature on contract management by operationalising contract<br>enforcement and IT-enabled interactions toward channel cooperative performance with<br>digital platforms.</p>2025-01-01T00:00:00+08:00Copyright (c) 2025 http://mjs.um.edu.my/index.php/ijie/article/view/57458Factors Influencing the Consumption of Renewable Energy in Selected ASEAN Countries: A Dynamic Panel Data Analysis2024-12-24T09:44:38+08:00Umme Humayara Manniumme_humayara_db20@iluv.ums.edu.myKasim Hj Mansurkmansur@ums.edu.myMunshi Naser Ibne Afzalmunshinaser-eco@sust.edu<p>Governments and policymakers have discussed energy security due to the<br>instability of the global energy market and the risks greenhouse gas (GHG) emissions<br>cause to the environment. Renewable energy generation and consumption reduce<br>carbon dioxide (CO2) emissions most effectively. Thus, this paper highlights factors<br>that, if aggressive environment policies are implemented, might enhance or even avoid<br>energy security degradation. The study uses a balanced panel data set for Indonesia,<br>Malaysia, the Philippines, Singapore, Thailand, and Vietnam that covers the 1990 to<br>2020 period. Pooled panel dynamic least squares are employed in this study. Renewable<br>energy consumption is favourably influenced by gross domestic product (GDP) per<br>capita, energy intensity per capita, and installed renewable energy capacity. Utilisation<br>of renewable energy is inversely related to per capita consumption of electricity, CO2<br>emissions, and use of fossil fuels. Given the lack of research identifying the factors<br>influencing energy security in the Association of Southeast Asian Nations (ASEAN),<br>this study focuses on the drivers that influence energy security, which is explained by<br>the proportion of renewable energy in final energy consumption. Without identifying<br>energy demand and supply sources, especially renewable energy-based power generation,<br>policymakers cannot fulfil their goals.</p>2025-01-01T00:00:00+08:00Copyright (c) 2025 http://mjs.um.edu.my/index.php/ijie/article/view/57459Determinants of Bank Lending to Microenterprises: Evidence from Vietnam’s Commercial Banks2024-12-24T09:51:12+08:00Le Van Chichilv@neu.edu.vnNguyen Thi Hoai Phuongphuongnh@neu.edu.vnDuong Thuy Hathuyha@neu.edu.vnVu Thanh Huongvthuong@uneti.edu.vn<p>Microenterprises largely rely on bank loans for external funding. In an<br>emerging market such as Vietnam, the role of commercial banks in providing loans to<br>micro-firms is even more crucial. The present paper examines the question of what the<br>determinants of bank lending to microenterprises are. This study conducts a two-step<br>system generalised method of moments (GMM) estimation to investigate the relationship<br>between bank-specific variables, macroeconomic factors, and bank industry characteristics<br>on bank loans to microenterprises using the panel data from 26 Vietnamese commercial<br>banks from 2011 to 2020. The results show that the microenterprise loan growth rate<br>depends on bank-specific variables and macroeconomic factors. However, bank-specific<br>variables and banking industry characteristics determine microenterprise lending<br>propensity. This paper also contributes to the debate concerning microenterprise<br>lending as the best approach, and which type of commercial banks would most often<br>choose this alternative. Interestingly, it was demonstrated that larger banks had higher<br>microenterprise loan growth rates, and smaller banks experienced a greater proportion<br>of microenterprise loans in their total business loans.</p>2025-01-01T00:00:00+08:00Copyright (c) 2025 http://mjs.um.edu.my/index.php/ijie/article/view/57460What are the Current Determinants that Influence the Total Amount of Greenhouse Gases Produced by Selected Asian Nations?2024-12-24T09:59:40+08:00Jayanthi R Alaganthiranjayanthira@siswa.um.edu.mySantha Chenayahsantha@um.edu.myRajah Rasiahrajah@um.edu.my<p>Asian countries have been concentrating on providing sustainable economic<br>growth since they have had to face the severe consequences of climate change. Thus,<br>this study aims to fill a research gap by investigating whether waste sector emissions<br>significantly contribute to greenhouse gas (GHG) emissions. In general, this study<br>proposes three research hypotheses derived from a review of the literature on GHG<br>emissions. The first and second hypotheses examine whether waste sector emissions,<br>economic growth and other indicators significantly contributed to the total GHG<br>emissions in 13 Asian countries between 2000 and 2016. The third hypothesis<br>investigates whether countries individually and significantly determine waste sector<br>emissions. Using pooled ordinary least squares and least squares dummy variable<br>(LSDV) estimations, the study shows that that the emissions from the waste, agriculture,<br>manufacturing, and construction sectors, as well as from land use and change, were<br>positively associated with total GHG emissions. Second, economic growth and urban<br>and rural population growth show the possibility of reducing GHGs in Asian countries.<br>Subsequently, the LSDV estimation identified that India and Indonesia emitted 72<br>million tonnes and 148 million tonnes of carbon dioxide equivalent between 2000 and<br>2016 from the waste sector.</p>2025-01-01T00:00:00+08:00Copyright (c) 2025