The role of competition as a mediator between financial liberalization and financial stability / Nur Afizah Muhamad Arifin … [et al.]

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.]. Advances in Business Research International Journal (ABRIJ), 5 (2(S)). pp. 51-58. ISSN 2462-1838

Abstract

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

Metadata

Item Type: Article
Creators:
CreatorsID Num. / Email
Muhamad Arifin, Nur Afizahfizaarifin@uitm.edu.my
Mohd Arifin, NorainiUNSPECIFIED
Ramly, ZulkuflyUNSPECIFIED
Hashim, Maryam JameelahUNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Competition. Production. Wealth > Competition. Monopolistic competition
H Social Sciences > HC Economic History and Conditions > Environmental policy and economic development. Sustainable development. Environmental management
Divisions: Universiti Teknologi MARA, Shah Alam > Faculty of Business and Management
Journal or Publication Title: Advances in Business Research International Journal (ABRIJ)
Journal: UiTM Journal > Advances in Business Research International Journal (ABRIJ)
ISSN: 2462-1838
Volume: 5
Number: 2(S)
Page Range: pp. 51-58
Official URL: https://abrij.uitm.edu.my
Item ID: 29746
Uncontrolled Keywords: Competition, Financial liberalization, Financial stability
URI: http://ir.uitm.edu.my/id/eprint/29746

Download

[img] Text
29746.pdf

Download (153kB)

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year