Global Academy of Training and Research Journal

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DOI 10.35609/gjbssr.2013.1.3(5)

Reference to this paper should be made as follows: Sapiri, H; Ahmad, N; Aziz, N; Zainon, F. (2013). Using Causal Loop Diagram in Understanding Financial Activities of Malaysia Pension Fund, Global J. Bus. Soc. Sci. Review, 1 (3): 35 – 40. https://doi.org/10.35609/gjbssr.2013.1.3(5)

Received: July 17, 2013 | Accepted: August 19, 2013

Using Causal Loop Diagram in Understanding Financial Activities of Malaysia Pension Fund
Hasimah Sapiri, Nazihah Ahmad, Nazrina Aziz, Fatinah Zainon
Universiti Utara Malaysia, Kedah, Malaysia Abstract

Objective - The aim of the article is to present the development of a simulation framework which identifies Malaysia Pension Fund main sources as well as the financial activities.

Methodology/Technique - Numerous factors influencing the financial condition pension fund are summarized. Based on the set of system factors in literature summarization, causal loop diagram is used to analyse the inter-relationships among these factors.

Findings - Causal loop diagram shows a relationship between these factors, which can be used in analysing financial condition of a pension fund. In the developed causal loop diagram, it shows the main sources of Malaysia pension fund, the asset allocation, and the future benefit payment.

Novelty - The causal loop diagram will then, be used as a dynamic hypothesis of this study and serves as a basis for quantitative models.

Type of Paper: Review

Keywords: ,Pension Fund, Financial Activities, Simulation, Causal Loop Diagram.

Price: USD 25