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1 – 5 of 5Malar Gunasegaran, Rohaida Basiruddin, Siti Zaleha Abdul Rasid and Adriana Mohd Rizal
The purpose of this paper is to identify the extent and type of fraud scheme, prevention mechanisms and challenges experienced by the Malaysian medium enterprises.
Abstract
Purpose
The purpose of this paper is to identify the extent and type of fraud scheme, prevention mechanisms and challenges experienced by the Malaysian medium enterprises.
Design/methodology/approach
The multiple case studies approach has been used in this study. The data were collected through interviews with the directors, owners, managers and supervisors of three medium-size enterprises.
Findings
The findings suggest that the fraud cases experienced by the enterprises were related to broken trust and non-cash larceny. The implementation of fraud prevention mechanisms in the enterprises seem to be very limited because of resources and budget constraints.
Practical implications
The findings of the study have an alarming implication for the owners and directors of the selected medium-size organizations. They seem to have shown proactivity and to have responded to fraud in their organizations by implementing fraud prevention mechanisms; however, not to the extent that large organizations have done. This fact may expose the companies to the risk of losing their competitiveness and the ability to survive in the marketplace.
Originality/value
This paper contributes to the growing literature on the studies of fraud scheme and the fraud prevention mechanism in the medium-size enterprises, particularly in the context of developing country. Prior studies in these areas have predominantly been undertaken by large organizations of developed countries, which offer different environment, litigation and institutional setting thus limits the generalizability of fraud prevention mechanism to small- and medium-size businesses.
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Keywords
Jihad Mohammad, Farzana Quoquab, Nazimah Hussin, Rafidah Othman and Adriana Mohd Rizal
This case highlights a brave Syrian man’s act toward social responsibility. Mohammad Alaa Aljaleel, an ambulance driver established an animal sanctuary to save and take care of…
Abstract
This case highlights a brave Syrian man’s act toward social responsibility. Mohammad Alaa Aljaleel, an ambulance driver established an animal sanctuary to save and take care of the animals who were victim of the Civil War in Aleppo, Syria. Instead of finding a safer place for himself, he preferred to take care of the animals who were left behind by their owners. But it was not an easy task for him to handle alone and thus he sought help and donation from others. He and his team not only created the animal sanctuary, but also established orphanage and children playground with the money they received. During this process, Alaa faced lots of challenges, but he did not give up his duty toward animals and the other needy. This case teaches that we have responsibility toward the nature and animals too.
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Adriana Mohd. Rizal, Renne Pramila Punadi, Zarina Binti Sanayan @ Abdul Salam, Maizaitulaidawati Binti Md Husin, Suzilawati Bt. Kamarudin and Musli Sahimi
Social Entrepreneurship, Organizational Behavior.
Abstract
Subject Area
Social Entrepreneurship, Organizational Behavior.
Study Level
This case is suitable to be used in advanced undergraduate and MBA/MSc level.
Case Overview
This case teaches about green organization, its opportunity, challenges, and attitude toward sustainable agriculture. The Babylon Vertical Farms (BVF) is an agricultural and technological company that grew high-quality hydroponic vegetables and herbs with minimum use of sunlight, soil, and pesticides. BVF used recycled water through reverse osmosis process with the target to decrease cultivated time to less than six hours, when compared to the typical 18 hours, apart from minimizing water usage up to 90%. Knowing its potential, Stuart Thomas, the founder and his team planned to increase the farm production to 2,000–3,000 kg a month from 1,000 kg a month. The farm required RM150,000 to acquire resources and to extend its farm infrastructure. Stuart and his team had to make feasible and practical decision in gaining their funds to execute the business to be one that is sustainable and green. As a social entrepreneur, Stuart also wanted to address poverty-related hunger. A group of investors was ready to invest and asked for 30% equity. Stuart was tempted to take the offer. If he rejected the offer, the farm could lose the opportunity to scale-up its operation. At the same time, if he accepted the offer, he might lose control over the business one day.
Expected Learning Outcomes
The learning outcomes are as follows:
to expose students to the various forms of urban farming that a social entrepreneur can venture into;
to expose students to the benefits of green business;
to evaluate potential opportunities and threats of a green organization using SWOT analysis; and
to recommend a possible strategy to build a sustainable agriculture farm that is economically viable, environmentally sound, and socially responsible.
to expose students to the various forms of urban farming that a social entrepreneur can venture into;
to expose students to the benefits of green business;
to evaluate potential opportunities and threats of a green organization using SWOT analysis; and
to recommend a possible strategy to build a sustainable agriculture farm that is economically viable, environmentally sound, and socially responsible.
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