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        Inter Vivos Transfers Based on Affection for Wealth Distribution Planning in Malaysia

        KAMARUDIN, Mohd Khairy,NOR MUHAMAD, Nasrul Hisyam,ALMA'AMUN, Suhaili,ABDULLAH, Abdul Hafiz,SAAT, Syahrulnizam,SAMURAH, Nurul Osman Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.4

        Inter vivos in the context of wealth and estate planning can be generally defined as a transfer that takes place between the livings. Parents are motivated to transfer for altruisme and exchange. In this context, this study aims to explore another potential motives of inter vivos, which is 'affection'. Data is collected through semi-structured interviews with inter vivos experts who have published articles in this area. The interview is encoded and thematic analysis is carried out to classify themes and subthemes that exist in the inter vivos transfers. This study discovers four main themes, which indicate that inter vivos transfers based on affection can be enlightened by the relationship between parents and children, responsibility for children, types of inter vivos, and effects to other heirs. Relationship between parents and children can be explained as parents transfer their wealth to the closest children, children who care for them and to family members only. Parents also are responsible to protect their children after they die and assist them who are in need. Types of inter vivos are considered as boundless inter vivos and without any material return. Inter vivos based on affection also aims not to abuse other heirs.

      • SCOPUSKCI등재

        What Do The 'Crowds' Say About Donation Distribution by Malaysian-based Charitable Crowdfunding?

        KAMARUDIN, Mohd Khairy,MOHAMAD NORZILAN, Nur Izzati,MUSTAFFA, Fatin Nur Ainaa,KHIDZIR, Masyitah,ALMA'AMUN, Suhaili Korea Distribution Science Association 2023 유통과학연구 Vol.21 No.1

        Purpose: The present study demonstrates the netnography technique to explore and understand crowds' perceptions on the donation distribution by charitable crowdfunding platform official social media, Facebook. Research design, data and methodology: This paper conducts a netnography design to examine the perceptions of online communities on four prominent charitable crowdfunding platforms' Facebook. A total of 93 comments are studied by collecting and analyzing their comments thematically. Results: This study illustrates two main themes which are 'Recommended Review' and 'Non-Recommended Review'. 'Recommended Review' can be explained into six sub-themes which are 'Role of Religion', 'Encouragement to Donate', 'Platform Reliability', 'Volunteering Value', 'Platform Support', and 'Donation Convenience'. While 'Non-Recommended Review' reveals that 'Rejected Donation Amounts', 'Rejection of Advertisements', and 'Review by Authorities'. Conclusion: Online community comments play an important role in providing input to the experience of donating through charitable crowdfunding. The crowdfunding platform can make a benchmark for the services offered. The comments are needed to be given attention by maintaining the interaction between the platform and donors to recruit new donors and maintain existing donors. This study provides better understanding on online community perception towards charitable crowdfunding platforms. This study also contributes the discussion on charitable crowdfunding and online marketing literatures.

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