The stick and carrot approach to moneylendersâ self-regulation in Klang Valley, Malaysia

The vital role played by the moneylending industry in Malaysia resulted in 1,496 licensed moneylenders registered within the Klang Valley, in 2020. Even though the Moneylenders Act 1951 exist to protect the industry, law enforcement is a challenge to the regulator. This is evident as many borrowers’...

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Bibliographic Details
Main Authors: Sandhu, Daljit Kaur, Muhammad Arif, Afida Mastura, Abu Bakar, Elistina, Abd Rahim, Husniyah
Format: Article
Language:English
Published: Universiti Putra Malaysia 2021
Online Access:http://psasir.upm.edu.my/id/eprint/93334/1/7.%20The%20Stick%20and%20Carrot%20Approach.pdf
http://psasir.upm.edu.my/id/eprint/93334/
http://www.ijem.upm.edu.my/vol15no1/7.%20The%20Stick%20and%20Carrot%20Approach.pdf
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Institution: Universiti Putra Malaysia
Language: English