IRIIE2012 Poster: Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry

Sarif, Suhaimi Mhd and Ismail, Yusof (2012) IRIIE2012 Poster: Islamic economics themes in the strategic planning of mergers and acquisitions in the Malaysian construction industry. In: IIUM Research, Invention and Innovation Exhibition 2012, 20-22 February 2012, Gombak, Kuala Lumpur. (Unpublished)

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Abstract

This poster presents Islamic economics themes in strategic planning for mergers and acquisitions in the Malaysian construction industry. It provides dedicated focus, direction and commitment to organizations to achieve their goals effectively and efficiently. In a competitive market, every firm tries to minimize cost by being efficient so that it can optimize potentials and competitive positions. The research questions are: (a) What are the Islamic economic factors that firms in the construction industry need to consider when adopting M&A strategy in the construction industry, and (b) What is the degree of the importance of each of the factors mentioned? The study conducted personal interview with the 11 construction managers. The results of personal interviews gave five Islamic themes, namely (1) Unity of God (tawhidic) paradigm, (2) justice (‘adl), (3) trust (amanah), (4) promoting good governance-prevention eveil (amr bil ma’aruf nahi anil mungkar), and (5) vicegerency (khalifah) that supported M&A strategy. In terms of practical implications, this study facilitates strategists or planners with common guidelines to plan strategically for M&A. The study suggests the future research to use mixed method (questionnaire survey and personal interview) and include more informants, particularly industry key stakeholders.

Item Type:	Conference or Workshop Item (Poster)
Additional Information:	3329/22282
Uncontrolled Keywords:	mergers, acquisitions, construction industry, strategic palnning
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5387 Business ethics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User:	Dr Suhaimi Mhd Sarif
Date Deposited:	22 Sep 2012 15:03
Last Modified:	03 Jan 2013 07:21
URI:	http://irep.iium.edu.my/id/eprint/22282

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