Purpose This paper aims to analyse the profiles of high net-worth individuals (HNWIs) who were caught for tax malfeasance during a tax audit and to examine factors that influence tax malfeasance among HNWIs in Malaysia. Design/methodology/approach This paper examined 235 HNWIs who were involved in tax malfeasance after audited by the Inland Revenue Board Malaysia from year 2009 to 2013. A research model was developed to examine the influence of four independent variables which are tax rate, level of income, source of income and taxation performed by tax professionals on tax malfeasance. Findings Multiple regression was used to test the proposed research model. The findings show that source of income and taxation performed by tax professionals influence tax malfeasance among HNWIs in Malaysia. This study also uncovers no significant relationship between tax rate and level of income with tax malfeasance of HNWIs. Originality/value This study could be the first in Malaysia that has used actual audited data in examining tax malfeasance among HNWIs. This study provides important insights not only to the Malaysian tax authorities but also to tax authorities and tax researchers in other parts of the world, given the fact that tax malfeasance of HNWIs is a prevalent and universal problem.
This paper examines the relationship between attitudes towards computers with computer usage and computer anxiety.Self-administered questionnaires were randomly distributed to employees in commercial banks in Kuala Lumpur, generating 319 responses for the final analysis. The findings indicate that computer skills and acceptance in using technology are inversely related to computer anxiety.Hierarchical regression analysis reveals that both low and high attitudes towards computers show a negative relationship between computer skills, computer knowledge and computer anxiety. Empirical evidence explains the variation of the study and supports the view that the scale used in the western workplace environment is also applicable in Malaysia. The study suggests computer users have to keep up with and adapt to new technology and its applications since computer anxiety is a natural consequence of performing heavy, routine job tasks.
Cooperatives are expected to help generate economic growth; become competitive business entities; and remain as effective self-help organizations while upholding sensitivity towards the environment. However, cooperatives like their business cousins in the public corporations are plagued with governance issues (Shaw, 2006). This has prompted studies to isolate the probable causes of their predicament. The issue of corporate governance of cooperatives has begun to become mainstream in research, and conventional wisdom dictates that governance procedures and processes that abound in the corporate world can prudently be applicable in the governance of cooperatives (Cornforth, 2004). In a cooperative, the Board of Directors plays a pivotal role in safeguarding the collective interest of the members (Jussila, Goel, & Tuominen, 2012). The Board of Directors needs to demonstrate adequate and effective monitoring of the organizations they are helming. This paper examines the role of Board of Directors as custodian against financial fiasco in cooperatives organizations. This study focuses on the association of the size of Board of Directors of cooperatives and the frequency of board meetings with performance. Outcomes from the study indicated both the size of the board and the frequency of board meetings have no relationship with performance of cooperatives organizations in Malaysia. The results suggest that the board of directors may no longer be effective in managing the cooperatives towards achieving their members' objectives. Various literatures supported this finding. This result indicates that governance of cooperatives is in dire need of revision to increase its effectiveness.
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