In 2018, Small Medium Enterprises (SMEs) that are registered with the Companies Commission of Malaysia (SSM) in Malaysia are required to prepare their annual return using eXensible Business Reporting Language (XBRL) via Malaysian Business Reporting System (MBRS), followed by voluntary submission of financial reports and statements in 2019. This study seeks to explore if practitioners are aware of and fully understand MBRS. This study also investigates the level of MBRS preparation among the companies. In addition, this study examines the practitioners" readiness, intention to use and experience in using MBRS. Finally, the factors influencing MBRS adoption among the practitioners will be examined. Using a questionnaire survey as the research instrument, the data shows that there are improvements to be made in regards to the understanding, readiness and intention to use the MBRS which is requirement by SSM. Additionally, this study shows how optimism, innovativeness, discomfort and insecurity influence the intention to use MBRS in the future. The finding indicate that an XBRL adoption via MBRS received a more positive response from the practitioners and hence, signals a possible successful XBRL adoption in Malaysia. This in turn, ensures the stakeholders a high quality financial reporting.Contribution/Originality: This study contributes in the existing literature by examining the practitioners" readiness, intention to use and experience in using MBRS. Korea, China, Taiwan, and India. Malaysia is not alone in this scenario.In Malaysia, XBRL adoption started with the initiative by Companies Commission of Malaysia (SSM), Bursa Malaysia (BM), Inland Revenue Board (IRB) and the Securities Commission (SC). All regulators have developed a
The Companies Commission of Malaysia (SSM) has established the eXensible Business Reporting Language (XBRL) which is the Malaysian Business Reporting System (MBRS). This study examines the technological, organisational and environmental factors influencing the usage of MBRS among the practitioners. Using interview as the data collection among 12 respondents which are practitioners from selected Corporate Secretaries fom small medium practices (SMPs). Data from interview has analysed based on descriptive coding and pattern coding that developed by Technological, Organisational and Environmental (TOE) theory using the Atlas.ti. The findings of this study indicates seven (7) technological factors which are assurance for data quality, relative advantage and the availability of regulator’s platform and system, limited tools and software, compability of format, compatibility of content and how the mTool could provide ease of use to the corporate secretary. In related to organisational factors, There are seven (7) challenges that can be considered discovered from organisational which are challenge to face attitude of preparers, limited practitioners that have own sufficient skills and knowledge, limited capable resources and preparers to manage the MBRS. In addition, there are six (6) environmental factors which are the technical support from regulator, the provision of incentive that should be given to the practitioners or SMPs, the effective strategies for promotion and educate practitioners method of voluntary submission. However, the lack of readiness on the use MBRS among trading partners and other stakeholder involvement would also challenge the adoption of MBRS. Therefore, this TOE factors would be important to practitioners to be ready on the enforcement of MBRS.
Employee wellbeing is related to the daily work and life experience of all employees which should be seriously viewed by the managers to prepare employees to face head-on on new ways of working due to the change in the work environment. Concentrating on individual development has long-term benefits for the individual, organization, and society but yet the individual is frequently overlooked by organizations. Self-efficacy is a belief that someone can perform successfully. When the self-efficacy of employees is high, the employees can work independently and efficiently. Characteristics of high self-efficacy can be characterized as a person that would take a new challenge is something positive and do not easily give up (initiative), keep trying (effort), and prepared all the time for any problems in the future (persistence). A quantitative approach with cross-sectional design as a survey method has been employed in this study and purposive sampling was used as the sampling technique. A total of 209 usable questionnaires were processed in this study. Partial Least Square-Structural Equation Modelling (PLS-SEM) was used to validate the research model and to test the hypotheses. The Air Traffic Management sector is the largest sector in the Civil Aviation Authority of Malaysia (CAAM) and the primary job responsibility of Air Traffic Controllers (ATCs) is to control and navigate the movement of planes especially during take-off and landing. The job characteristics are distinct, and it leads ATCs to be stressful and demanding job. This study found that self-efficacy is related to employee wellbeing. ATCs with high self-efficacy produce good initiatives, effort, and persistence in doing their job. Undoubtedly, self-efficacy will help ATCs to predict their future planning.
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