In this study, we developed a modified version of the CRiteria Importance Through Inter-criteria Correlation (CRITIC) method, namely the Distance Correlation-based CRITIC (D-CRITIC) method. The usage of the method was illustrated by evaluating the weights of five smartphone criteria. The same evaluation was repeated using four other objective weighting methods, including the original CRITIC method. The results from all the methods were further analyzed based on three different tests (i.e., the distance correlation test, the Spearman rank-order correlation test, and the symmetric mean absolute percentage error test) to validate D-CRITIC. The tests revealed that D-CRITIC could produce more valid criteria weights and ranks than the original CRITIC method since D-CRITIC yielded a higher average distance correlation, a higher average Spearman rank-order correlation, and a lower symmetric mean absolute percentage error. Besides, additional sensitivity analysis indicated that D-CRITIC has the tendency to deliver more stable criteria weights and ranks with a larger decision matrix. The research has contributed an alternative objective weighting method to the area of multi-criteria decision-making through a unique extension of distance correlation. This study is also the first to propose the idea of a distance correlation test to compare the performance of different criteria weighting methods.

Financial technology (Fintech), characterized as technology-driven financial innovation, has catalyzed significant economic growth across various nations. The Fintech sector has experienced remarkable expansion, boasting vast user numbers. While regions like the United States and China have seen accelerated Fintech development, other areas like Western Europe, Eastern Asia, and the Middle East continue their evolutionary journey with this technology. Our research offers a systematic review of contemporary literature, probing the crucial Fintech metrics affecting bank profitability and identifying the primary factors influencing these profits. This review introduces a holistic methodology for quantitatively assessing the evolving Fintech measures and their interplay with determinants of bank profitability. According to the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines, our study evaluates 28 articles from Web of Science and Scopus databases from August 2019 to August 2023. Findings delineate two principal themes: Fintech measures at both bank and country levels and determinants of profitability, encompassing bank-specific and country-specific variables. We utilize the Theories, Constructs, Contexts, and Methods framework to chart the course for future research. Our insights bear significance for theoretical progression and practical implementation, offering academics, banking professionals, and policymakers a nuanced comprehension of the nexus between Fintech and bank profitability.

When adolescents go overseas to study, they have to face the challenge of adapting to local cultures, homesickness, and dealing with the stress. This study aimed to investigate the socio-cultural adaptation, homesickness, and perceived stress among international students in relation to social sustainability in a public university in Sabah, Malaysia. This research also related how international students manage both positive and negative impacts on their social life in university. The study included all international students in that university except Bruneian and Indonesian students. The sample group comprised 100 male and 100 female students. This study used four questionnaires: (i) Perceived Stress Scale, (ii) Homesickness Scale, (iii) Socio-cultural Adaptation Scale, and (iv) Revised Sociocultural Adaptation Scale. The results indicated that the socio-cultural adaptation and perceived stress levels were significantly correlated, r (198) = 0.354, p < 0.05. The level of homesickness and perceived stress were also significantly correlated, r (198) = 0.314, p < 0.05. The outcome of this study can help overseas students lead better lives abroad, while the university can arrange relevant activities to help them better adapt to local cultures and perceive less stress. The present study underlined the importance of increasing socio-cultural adaptation and social sustainability and decreasing homesickness among international students studying at the public university in Sabah.

Digital platforms have significantly transformed the labor market, particularly in the gig economy. Despite this issue's growing importance, no systematic literature review has explicitly examined the influence of digital platforms on gig workers. This study fills this gap by conducting a comprehensive review of 18 articles out of 81 published between 2019 and 2023, retrieved from the Scopus and Web of Science databases, using the PRISMA framework. Thematic analysis revealed 12 key themes that capture the complex influence of digital platforms on gig workers, suggesting that platforms offer both opportunities and challenges. Digital platforms provide low barriers to entry, facilitate task allocation, and offer flexible work arrangements. However, gig workers face significant challenges, such as a lack of social protections, algorithmic control, intense competition, and downward pressure on wages. The implications are significant for sustainable economic development in the platform economy, underscoring the importance of collective organizing, re-evaluating platform practices, and strengthening labor regulations. As the gig economy expands globally, researchers, platforms, and policymakers must work together to ensure that the benefits of digital platforms are shared more equitably and that gig workers can thrive in this new world of work. Given the scarcity of papers published about this topic, the study has no specific focus on region and industry. In addition, this study only extracts papers that are published in English.

This study aims to analyze the characteristics of gold as a diversifier, a hedge or a safe haven against the stock market collapse in five countries. We propose the standard and quantile techniques in the volatility models, with the time-varying conditional variance of the regression residuals based on the TGARCH specifications. Gold exhibits considerable evidence of the strong hedge in India and the US and diversified role in China. With regards to its role as a safe haven, gold retains its status as a key investment particularly in a country where gold has a preeminent cultural role, i.e., India, as well as in the US and the UK. On the contrary, gold only plays a minor role in emerging markets like in Malaysia. Therefore, investors in India and the US can use gold to protect against losses in the stock market at all times, whereas in the UK, gold is only viewed as a profitable asset to own during the stock market collapse. Contrariwise, Chinese investors should hold a well-diversified portfolio to earn sustainable returns and offer protection against the stock market collapse. We conclude that the recent worldwide financial crises have increased the investment demand for gold over the last 17 years at least.