This article first appeared in Forum, The Edge Malaysia Weekly, on April 26, 2021 – May 02, 2021. “The three blow-ups seem isolated and not systemic — mere fender-benders. However, with the […]

Abstract Studies have shown that natural disasters could pose a spectrum of challenges to human development, especially in developing countries. United Nations Development Programme (UNDP, 2004)) estimates that low human […]

Abstract This study will focus on assessing the total amount of damage and losses that has occurred during the 2014 flood disaster in Kelantan. The phenomenon of heavy rainfall during […]

Abstract Merton has proposed a model for contingent claims on a firm as an option on the firms value, and is based on a generalization of the Black-Scholes stochastic equation […]

Abstract While there is ample evidence that non-financial firms’ financial performance and social and environmental performance are related, evidence for the banking sector remains limited and inconclusive. This paper examines […]

Abstract Recent literature draws attention to the issue of whether heterogeneity in investment horizons has an effect on resulting investor exposures. In this article, using Malaysia as a case study, […]

Abstract A model of the firm is proposed that considers the firm to be a stochastic and random entity described by an action functional and the Feynman path integral. The […]

Abstract Our study attempts to discover pure contagion or interdependence amongst the Asian equity markets (China, India, Taiwan and South Korea) due to the shocks stemming from eleven major crises […]

Abstract The present paper analyzes the inflationary effects of oil prices at the aggregate and disaggregated levels for Thailand using symmetric and asymmetric cointegration and error-correction modeling approaches. The cointegration […]

Abstract Malaysian firms have been reported to be involved in Asset-Backed Securities since 1986 when Cagamas Bhd was the pioneer in the field. This research aims to examine the factors […]