Effects of cashless payment towards corruption in Malaysia Thailand and Singapore

Corruption happens due to untraceable financial transactions. Therefore, the purpose of carrying out this study is to find out the relationship between corruption and cashless payment, which can be detected than physical cash transactions in Malaysia, Thailand, and Singapore. Based on the decision,...

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Main Authors: Low, Ai Chin, Lyydea Abryna Clive, Clive, Tan, Zheng Kai, Vinitha, Krishnan
Format: Final Year Project / Dissertation / Thesis
Published: 2020
Subjects:
Online Access:http://eprints.utar.edu.my/3994/
http://eprints.utar.edu.my/3994/1/fyp_FE_2020_LAC_%2D_1405125.pdf
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author Low, Ai Chin
Lyydea Abryna Clive, Clive
Tan, Zheng Kai
Vinitha, Krishnan
author_facet Low, Ai Chin
Lyydea Abryna Clive, Clive
Tan, Zheng Kai
Vinitha, Krishnan
author_sort Low, Ai Chin
building UTAR Institutional Repository
collection Online Access
description Corruption happens due to untraceable financial transactions. Therefore, the purpose of carrying out this study is to find out the relationship between corruption and cashless payment, which can be detected than physical cash transactions in Malaysia, Thailand, and Singapore. Based on the decision, we planned to determine the effect of each type of cashless payment on corruption. The types of instruments are cheques, direct debit, card, and e-money. Besides that, we also implement economic prosperity, government size, democracy, and income inequality as our independent variables. We also presented 10-year data from 2007 to 2017 from Freedom House, WID, World development indicators, and included 3 countries which are Malaysia, Thailand, and Singapore in our research. Firstly, we generate descriptive statistics in this study to review each variable in a separate country for Singapore, Malaysia, and Thailand. Before we start the OLS regression we carry on the Unit Root Test. The test is used to make sure our model is stationary; ADF and PP tests are conducted. We found out that in Singapore, all variable is stationary at second difference while for Malaysia and Thailand variables are stationary at first difference. Then we continue our test in the OLS test and found that in Singapore, GDP and cheque cashless payments have a positive relationship to corruption, while other variables are a negative relationship with corruption.
first_indexed 2025-11-15T19:32:16Z
format Final Year Project / Dissertation / Thesis
id utar-3994
institution Universiti Tunku Abdul Rahman
institution_category Local University
last_indexed 2025-11-15T19:32:16Z
publishDate 2020
recordtype eprints
repository_type Digital Repository
spelling utar-39942021-03-08T12:19:22Z Effects of cashless payment towards corruption in Malaysia Thailand and Singapore Low, Ai Chin Lyydea Abryna Clive, Clive Tan, Zheng Kai Vinitha, Krishnan HG Finance Corruption happens due to untraceable financial transactions. Therefore, the purpose of carrying out this study is to find out the relationship between corruption and cashless payment, which can be detected than physical cash transactions in Malaysia, Thailand, and Singapore. Based on the decision, we planned to determine the effect of each type of cashless payment on corruption. The types of instruments are cheques, direct debit, card, and e-money. Besides that, we also implement economic prosperity, government size, democracy, and income inequality as our independent variables. We also presented 10-year data from 2007 to 2017 from Freedom House, WID, World development indicators, and included 3 countries which are Malaysia, Thailand, and Singapore in our research. Firstly, we generate descriptive statistics in this study to review each variable in a separate country for Singapore, Malaysia, and Thailand. Before we start the OLS regression we carry on the Unit Root Test. The test is used to make sure our model is stationary; ADF and PP tests are conducted. We found out that in Singapore, all variable is stationary at second difference while for Malaysia and Thailand variables are stationary at first difference. Then we continue our test in the OLS test and found that in Singapore, GDP and cheque cashless payments have a positive relationship to corruption, while other variables are a negative relationship with corruption. 2020-10-02 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/3994/1/fyp_FE_2020_LAC_%2D_1405125.pdf Low, Ai Chin and Lyydea Abryna Clive, Clive and Tan, Zheng Kai and Vinitha, Krishnan (2020) Effects of cashless payment towards corruption in Malaysia Thailand and Singapore. Final Year Project, UTAR. http://eprints.utar.edu.my/3994/
spellingShingle HG Finance
Low, Ai Chin
Lyydea Abryna Clive, Clive
Tan, Zheng Kai
Vinitha, Krishnan
Effects of cashless payment towards corruption in Malaysia Thailand and Singapore
title Effects of cashless payment towards corruption in Malaysia Thailand and Singapore
title_full Effects of cashless payment towards corruption in Malaysia Thailand and Singapore
title_fullStr Effects of cashless payment towards corruption in Malaysia Thailand and Singapore
title_full_unstemmed Effects of cashless payment towards corruption in Malaysia Thailand and Singapore
title_short Effects of cashless payment towards corruption in Malaysia Thailand and Singapore
title_sort effects of cashless payment towards corruption in malaysia thailand and singapore
topic HG Finance
url http://eprints.utar.edu.my/3994/
http://eprints.utar.edu.my/3994/1/fyp_FE_2020_LAC_%2D_1405125.pdf