Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry

This study attempts to investigate the participant(s) halal industry information asymmetry issues and their intention, if any, to mitigate it. Additionally, this study also investigates the moderating effects of their perceptions towards industry 4.0 adoption and their intentions of using industry 4...

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Main Authors: Ng, Suat Thing, Mohd Hasimi Yaacob, Norazlan Alias
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2021
Online Access:http://journalarticle.ukm.my/18445/
http://journalarticle.ukm.my/18445/1/47087-174570-1-PB.pdf
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author Ng, Suat Thing
Mohd Hasimi Yaacob,
Norazlan Alias,
author_facet Ng, Suat Thing
Mohd Hasimi Yaacob,
Norazlan Alias,
author_sort Ng, Suat Thing
building UKM Institutional Repository
collection Online Access
description This study attempts to investigate the participant(s) halal industry information asymmetry issues and their intention, if any, to mitigate it. Additionally, this study also investigates the moderating effects of their perceptions towards industry 4.0 adoption and their intentions of using industry 4.0 to mitigate information asymmetry. This research is exploratory research. We adapted the questionnaire based on “Agency Theory and the Technology Acceptance Model” by combining management and technology literature into single-sourced literature. The research using the SmartPLS software “Partial Least Squares (PLS)” modelling and the 2-step approach to test the model development. The concepts of private information, hidden information, and the lack of perfect information have facilitated these companies’ top management intentions to mitigate these information asymmetry issues. The results also show that the top management of halal industry has the intention to reduce information asymmetry through industry 4.0 adoption as they perceived industry 4.0 is useful, easy to use, is cost affordable, and provides a high system and content quality.
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spelling oai:generic.eprints.org:184452022-04-18T02:31:03Z http://journalarticle.ukm.my/18445/ Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry Ng, Suat Thing Mohd Hasimi Yaacob, Norazlan Alias, This study attempts to investigate the participant(s) halal industry information asymmetry issues and their intention, if any, to mitigate it. Additionally, this study also investigates the moderating effects of their perceptions towards industry 4.0 adoption and their intentions of using industry 4.0 to mitigate information asymmetry. This research is exploratory research. We adapted the questionnaire based on “Agency Theory and the Technology Acceptance Model” by combining management and technology literature into single-sourced literature. The research using the SmartPLS software “Partial Least Squares (PLS)” modelling and the 2-step approach to test the model development. The concepts of private information, hidden information, and the lack of perfect information have facilitated these companies’ top management intentions to mitigate these information asymmetry issues. The results also show that the top management of halal industry has the intention to reduce information asymmetry through industry 4.0 adoption as they perceived industry 4.0 is useful, easy to use, is cost affordable, and provides a high system and content quality. Penerbit Universiti Kebangsaan Malaysia 2021 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/18445/1/47087-174570-1-PB.pdf Ng, Suat Thing and Mohd Hasimi Yaacob, and Norazlan Alias, (2021) Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry. Jurnal Pengurusan, 63 . pp. 1-23. ISSN 0127-2713 https://ejournal.ukm.my/pengurusan/issue/view/1456
spellingShingle Ng, Suat Thing
Mohd Hasimi Yaacob,
Norazlan Alias,
Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry
title Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry
title_full Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry
title_fullStr Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry
title_full_unstemmed Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry
title_short Information asymmetry and industry 4.0 among small and medium enterprise (SME) in Malaysian halal industry
title_sort information asymmetry and industry 4.0 among small and medium enterprise (sme) in malaysian halal industry
url http://journalarticle.ukm.my/18445/
http://journalarticle.ukm.my/18445/
http://journalarticle.ukm.my/18445/1/47087-174570-1-PB.pdf