Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry
This paper investigates Islamic economics themes in strategic planning for mergers and acquisitions in the Malaysian construction industry. It provides dedicated focus, direction and commitment to organizations to achieve their goals effectively and efficiently. In a competitive market, every firm t...
| Main Authors: | , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2011
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/6666/ http://irep.iium.edu.my/6666/1/Suhaimi_Yusof_IslamicEcons_SPMA.pdf |
| _version_ | 1848776710566182912 |
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| author | Sarif, Suhaimi Mhd Ismail, Yusof |
| author_facet | Sarif, Suhaimi Mhd Ismail, Yusof |
| author_sort | Sarif, Suhaimi Mhd |
| building | IIUM Repository |
| collection | Online Access |
| description | This paper investigates Islamic economics themes in strategic planning for mergers and acquisitions in the Malaysian construction industry. It provides dedicated focus, direction and commitment to organizations to achieve their goals effectively and efficiently. In a competitive market, every firm tries to minimize cost by being efficient so that it can optimize potentials and competitive positions. The research questions are: (a) What are the Islamic economic factors that firms in the construction industry need to consider when adopting M&A strategy in the construction industry, and (b) What is the degree of the importance of each of the factors mentioned? The study conducted personal interview with the 11 construction managers. The results of personal interviews gave five Islamic themes, namely (1) Unity of God(tawhidic) paradigm,(2)justice (‘adl),(3)trust (amanah),(4) promoting good governance-prevention eveil (amr bil ma’aruf nahi anil mungkar), and (5) vicegerency (khalifah) that supported M&A strategy. In terms of practical implications, this study facilitates strategists or planners with common guidelines to plan strategically for M&A. The study suggests the future research to use mixed method (questionnaire survey and personal interview) and include more informants, particularly industry key stakeholders. |
| first_indexed | 2025-11-14T14:34:25Z |
| format | Proceeding Paper |
| id | iium-6666 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:34:25Z |
| publishDate | 2011 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-66662012-09-17T09:14:06Z http://irep.iium.edu.my/6666/ Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry Sarif, Suhaimi Mhd Ismail, Yusof HF5387 Business ethics This paper investigates Islamic economics themes in strategic planning for mergers and acquisitions in the Malaysian construction industry. It provides dedicated focus, direction and commitment to organizations to achieve their goals effectively and efficiently. In a competitive market, every firm tries to minimize cost by being efficient so that it can optimize potentials and competitive positions. The research questions are: (a) What are the Islamic economic factors that firms in the construction industry need to consider when adopting M&A strategy in the construction industry, and (b) What is the degree of the importance of each of the factors mentioned? The study conducted personal interview with the 11 construction managers. The results of personal interviews gave five Islamic themes, namely (1) Unity of God(tawhidic) paradigm,(2)justice (‘adl),(3)trust (amanah),(4) promoting good governance-prevention eveil (amr bil ma’aruf nahi anil mungkar), and (5) vicegerency (khalifah) that supported M&A strategy. In terms of practical implications, this study facilitates strategists or planners with common guidelines to plan strategically for M&A. The study suggests the future research to use mixed method (questionnaire survey and personal interview) and include more informants, particularly industry key stakeholders. 2011-10-04 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/6666/1/Suhaimi_Yusof_IslamicEcons_SPMA.pdf Sarif, Suhaimi Mhd and Ismail, Yusof (2011) Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry. In: The 4th Islamic Economic System Conference (iECONS 2011), 4-5 October, 2011, Pan Pacific Kuala Lumpur International Airport hotel, Sepang . |
| spellingShingle | HF5387 Business ethics Sarif, Suhaimi Mhd Ismail, Yusof Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry |
| title | Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry |
| title_full | Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry |
| title_fullStr | Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry |
| title_full_unstemmed | Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry |
| title_short | Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry |
| title_sort | islamic economics themes in the strategic planning of mergers and acquisitions in the malaysian construction industry |
| topic | HF5387 Business ethics |
| url | http://irep.iium.edu.my/6666/ http://irep.iium.edu.my/6666/1/Suhaimi_Yusof_IslamicEcons_SPMA.pdf |