Factors influence intention of management of Shariah-compliant companies to participate in Islamic voluntary charity

Anwar Allah Pitchay

International Journal of Islamic and Middle Eastern Finance and Management, 2022, vol. 15, issue 5, 967-985

Abstract: Purpose - The present study aims to focus on the management of public listed companies (PLC) in Malaysia. It aims to explore the factors that influence the behavioural intention of the managers in donating cashwaqf(endowment) as part of their organisations’ corporate philanthropy. Design/methodology/approach - The theory of planned behaviour was used, and 701 questionnaires were emailed to PLCs’ managers. Four main variables, i.e. economic attitude, political pressure, perceived behavioural control (PBC) and personal moral obligation, were tested and analysed by using structural equation modelling. Findings - The findings showed that the first three variables, attitude, subjective norms and PBC of the management, significantly influenced management’s behavioural intention to donate cashwaqf. Nonetheless, the personal moral obligation of the management was found to be insignificant. Research limitations/implications - One of the main limitations is that it involved only quantitative surveys with managers in Malaysia. In future, the findings of this study can be supported by interviews. Originality/value - The present study integrates the corporate social responsibility (CSR) fund of Shariah-compliant companies for the development ofwaqfproperty. The combination of CSR funds andwaqfland will solve thewaqfinstitution’s fund deficit issue. This will optimizewaqfland development efficiency and benefit society.

Keywords: Waqf; Management; Theory of planned behaviour; Corporate philanthropy (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:imefmp:imefm-11-2019-0466

DOI: 10.1108/IMEFM-11-2019-0466

Access Statistics for this article

International Journal of Islamic and Middle Eastern Finance and Management is currently edited by Prof M. Kabir Hassan

More articles in International Journal of Islamic and Middle Eastern Finance and Management from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().