The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.]
The shift from financial repression to financial liberalization causes cross-border capital flows and brought dramatic changes to the financial sector. In this regard, the financial sectors, acts as financial intermediary which plays a significant role in mobilizing funds between surplus and deficit...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Universiti Teknologi MARA Cawangan Selangor
2019
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| Online Access: | https://ir.uitm.edu.my/id/eprint/29635/ |
| _version_ | 1848807287707140096 |
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| author | Muhamad Arifin, Nur Afizah Mohd Arifin, Noraini Ramly, Zulkufly Hashim, Maryam Jameelah |
| author_facet | Muhamad Arifin, Nur Afizah Mohd Arifin, Noraini Ramly, Zulkufly Hashim, Maryam Jameelah |
| author_sort | Muhamad Arifin, Nur Afizah |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | The shift from financial repression to financial liberalization causes cross-border capital flows and brought dramatic changes to the financial sector. In this regard, the financial sectors, acts as financial intermediary which plays a significant role in mobilizing funds between surplus and deficit units. Furthermore, financial liberalization creates higher competition and could have negative impact towards financial stability due to excessive risk taking. This study’s research model focuses on examining the impact of competition on the relationship between financial liberalization and financial stability. This model was analyzed by using the PLS-SEM and it was found that the measurement model explains 19% of the substantial amount of variance in financial stability. Based on this finding, this study will theoretically contribute in extending the competition stability view and competition fragility view as determiners of financial stability. Based on the empirical results, it can be concluded that in the presence of competition, financial liberalization has a significant effect on financial stability |
| first_indexed | 2025-11-14T22:40:26Z |
| format | Article |
| id | uitm-29635 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:40:26Z |
| publishDate | 2019 |
| publisher | Universiti Teknologi MARA Cawangan Selangor |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-296352022-07-04T06:52:34Z https://ir.uitm.edu.my/id/eprint/29635/ The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.] abrij Muhamad Arifin, Nur Afizah Mohd Arifin, Noraini Ramly, Zulkufly Hashim, Maryam Jameelah Financial management. Business finance. Corporation finance The shift from financial repression to financial liberalization causes cross-border capital flows and brought dramatic changes to the financial sector. In this regard, the financial sectors, acts as financial intermediary which plays a significant role in mobilizing funds between surplus and deficit units. Furthermore, financial liberalization creates higher competition and could have negative impact towards financial stability due to excessive risk taking. This study’s research model focuses on examining the impact of competition on the relationship between financial liberalization and financial stability. This model was analyzed by using the PLS-SEM and it was found that the measurement model explains 19% of the substantial amount of variance in financial stability. Based on this finding, this study will theoretically contribute in extending the competition stability view and competition fragility view as determiners of financial stability. Based on the empirical results, it can be concluded that in the presence of competition, financial liberalization has a significant effect on financial stability Universiti Teknologi MARA Cawangan Selangor 2019-09 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29635/1/AJ_NUR%20AFIZAH%20MUHAMAD%20ARIFIN%20ABRIJ%20B%2019.pdf Muhamad Arifin, Nur Afizah and Mohd Arifin, Noraini and Ramly, Zulkufly and Hashim, Maryam Jameelah (2019) The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.]. (2019) Advances in Business Research International Journal (ABRIJ) <https://ir.uitm.edu.my/view/publication/Advances_in_Business_Research_International_Journal_=28ABRIJ=29.html>, 5 (2). pp. 1-8. ISSN 2462-1838 https://myjms.mohe.gov.my/index.php/ABRIJ/issue/archive |
| spellingShingle | Financial management. Business finance. Corporation finance Muhamad Arifin, Nur Afizah Mohd Arifin, Noraini Ramly, Zulkufly Hashim, Maryam Jameelah The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.] |
| title | The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.] |
| title_full | The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.] |
| title_fullStr | The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.] |
| title_full_unstemmed | The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.] |
| title_short | The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin …[et al.] |
| title_sort | role of competition as a mediator between financial liberalization and financial stability / nur afizah muhamad arifin …[et al.] |
| topic | Financial management. Business finance. Corporation finance |
| url | https://ir.uitm.edu.my/id/eprint/29635/ https://ir.uitm.edu.my/id/eprint/29635/ |