Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]

Malaysian’s manufacturing firms always facing difficulty in getting financial assistance from the financial institution. Despite many financing products available, supply chain finance (SCF) adoption was very lacking. Since SCF is relatively unfamiliar compared to conventional or Islamic financing,...

Full description

Saved in:
Bibliographic Details
Main Authors: Ahmad, Mohamad Aznillah, Pyeman, Jaafar, Ali, Norli, Abdul Rahman, Norsariah
Format: Book Section
Language:English
Published: Faculty of Accountancy 2019
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/44328/1/44328.pdf
http://ir.uitm.edu.my/id/eprint/44328/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.44328
record_format eprints
spelling my.uitm.ir.443282021-04-12T10:02:51Z http://ir.uitm.edu.my/id/eprint/44328/ Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.] Ahmad, Mohamad Aznillah Pyeman, Jaafar Ali, Norli Abdul Rahman, Norsariah Manufacturing industries Financial engineering Financial management. Business finance. Corporation finance Malaysian’s manufacturing firms always facing difficulty in getting financial assistance from the financial institution. Despite many financing products available, supply chain finance (SCF) adoption was very lacking. Since SCF is relatively unfamiliar compared to conventional or Islamic financing, the adoption rate was very low. The purpose of this paper is to investigate the determinants of SCF adoption intention in the context of Malaysian manufacturing industries. Using theory of planned behavior (TPB) and technology acceptance model (TAM), it is aimed to explain the effect of knowledge and awareness, cost benefit, business support and reputation as well as Perceived Ease Of Use (PEOU) and Perceived Usefulness (PU), on adoption attitude and intention towards SCF. The study was using a quantitative approach via 1,000 questionnaires distributed to Malaysian’s manufacturing firms, and only 411 were returned. Structural equation modelling using partial least squares approach was then utilized to assess the relationships of all variables. Data has been tested using measurement model while structural model assessment was performed to test the hypotheses. The findings show that knowledge and awareness, cost benefit, reputation, PEOU and PU have positive effect on adoption attitude of Malaysians manufacturing firms towards SCF. Attitude, subjective norm and perceived behavioral control have positive effect on adoption intention, while attitude only mediate knowledge and awareness, cost benefit, reputation and adoption intention. The mediation effect of attitude implies the importance of recommendations and favorable word-of-mouth from the significant ones, such as family members and peers, to make manufacturer willing to try and adopt it. The study contributes to body of knowledge by having an extensive use of TPB with TAM in the context of manufacturing firm in explaining the SCF adoption intention. Given the need to explore new financing product, understanding SCF would contribute to the manufacturing industries and to the Malaysian economy. Faculty of Accountancy 2019 Book Section PeerReviewed text en http://ir.uitm.edu.my/id/eprint/44328/1/44328.pdf Ahmad, Mohamad Aznillah and Pyeman, Jaafar and Ali, Norli and Abdul Rahman, Norsariah (2019) Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]. In: ICAM2019 – International Conference on Accounting and Management. Faculty of Accountancy, Universiti Teknologi MARA Puncak Alam, Selangor, p. 123. ISBN 978-967-17038-0-9
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Manufacturing industries
Financial engineering
Financial management. Business finance. Corporation finance
spellingShingle Manufacturing industries
Financial engineering
Financial management. Business finance. Corporation finance
Ahmad, Mohamad Aznillah
Pyeman, Jaafar
Ali, Norli
Abdul Rahman, Norsariah
Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]
description Malaysian’s manufacturing firms always facing difficulty in getting financial assistance from the financial institution. Despite many financing products available, supply chain finance (SCF) adoption was very lacking. Since SCF is relatively unfamiliar compared to conventional or Islamic financing, the adoption rate was very low. The purpose of this paper is to investigate the determinants of SCF adoption intention in the context of Malaysian manufacturing industries. Using theory of planned behavior (TPB) and technology acceptance model (TAM), it is aimed to explain the effect of knowledge and awareness, cost benefit, business support and reputation as well as Perceived Ease Of Use (PEOU) and Perceived Usefulness (PU), on adoption attitude and intention towards SCF. The study was using a quantitative approach via 1,000 questionnaires distributed to Malaysian’s manufacturing firms, and only 411 were returned. Structural equation modelling using partial least squares approach was then utilized to assess the relationships of all variables. Data has been tested using measurement model while structural model assessment was performed to test the hypotheses. The findings show that knowledge and awareness, cost benefit, reputation, PEOU and PU have positive effect on adoption attitude of Malaysians manufacturing firms towards SCF. Attitude, subjective norm and perceived behavioral control have positive effect on adoption intention, while attitude only mediate knowledge and awareness, cost benefit, reputation and adoption intention. The mediation effect of attitude implies the importance of recommendations and favorable word-of-mouth from the significant ones, such as family members and peers, to make manufacturer willing to try and adopt it. The study contributes to body of knowledge by having an extensive use of TPB with TAM in the context of manufacturing firm in explaining the SCF adoption intention. Given the need to explore new financing product, understanding SCF would contribute to the manufacturing industries and to the Malaysian economy.
format Book Section
author Ahmad, Mohamad Aznillah
Pyeman, Jaafar
Ali, Norli
Abdul Rahman, Norsariah
author_facet Ahmad, Mohamad Aznillah
Pyeman, Jaafar
Ali, Norli
Abdul Rahman, Norsariah
author_sort Ahmad, Mohamad Aznillah
title Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]
title_short Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]
title_full Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]
title_fullStr Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]
title_full_unstemmed Assessment of supply chain finance adoption among Malaysian manufacturing firms / Mohamad Aznillah Ahmad … [et al.]
title_sort assessment of supply chain finance adoption among malaysian manufacturing firms / mohamad aznillah ahmad … [et al.]
publisher Faculty of Accountancy
publishDate 2019
url http://ir.uitm.edu.my/id/eprint/44328/1/44328.pdf
http://ir.uitm.edu.my/id/eprint/44328/
_version_ 1696979102254235648
score 13.211869