Publication:
Strengths and Weaknesses among Malaysian SMEs: Financial Management Perspectives

Simple item page
dc.ConferencedateSEP 09-10, 2013
dc.ConferencelocationMALAYSIA
dc.Conferencename2nd International Conference on Innovation, Management and Technology Research (ICIMTR)
dc.contributor.authorSalikin, Nen_US
dc.contributor.authorAb Wahab, Nen_US
dc.contributor.authorMuhammad, Ien_US
dc.date.accessioned2024-05-29T02:52:57Z
dc.date.available2024-05-29T02:52:57Z
dc.date.issued2014
dc.description.abstractIn Malaysia, 97.3% of business establishments are comprised of small and medium enterprises (SMEs) which account for about 52.7% of total employment that is generated in the country. Malaysian government through the Ministry of International Trade and Industry (MITI) and its agencies works hard on assisting SMEs through various activities to promote exposures on prudent financial management. This paper aims to identify the financial strengths and weaknesses face by SMEs in helping those entities to plan appropriate financial management programme. Semi-structured interviews were conducted among thirty five SMEs that are willing to participate voluntarily. This study found that capital is the key elements in both strengths and weakness among SMEs. Running the business without any external capital (loan) reducing the financial risk of the business. It will be easier for the managers to make business decisions without any constraint as there is no limitation set by fund provider. The study also revealed capital insufficiency is the crucial problems among SMEs which might due to the difficulties to obtain external fund. Although the results should be taken with caution, nevertheless financial management is vital in order to face new business challenges as well as for the survival of the business in the future. (C) 2014 The Authors. Published by Elsevier Ltd.en_US
dc.identifier.doi10.1016/j.sbspro.2014.03.685
dc.identifier.epage340
dc.identifier.issn1877-0428
dc.identifier.scopusWOS:000360707500045
dc.identifier.spage334
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/11352
dc.identifier.volume129
dc.languageEnglish
dc.language.isoen_USen_US
dc.publisherElsevier Science Bven_US
dc.relation.ispartof2nd International Conference On Innovation, Management And Technology Researchen_US
dc.sourceWeb Of Science (ISI)
dc.subjectSmall Medium Enterprisesen_US
dc.subjectSMEsen_US
dc.subjectFinancial Managementen_US
dc.titleStrengths and Weaknesses among Malaysian SMEs: Financial Management Perspectivesen_US
dc.typeArticleen_US
dspace.entity.typePublication

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Strengths and Weaknesses among Malaysian SMEs_ Financial Management Perspectives.pdf
Size:
281.44 KB
Format:
Adobe Portable Document Format
Download

Collections

Web of Science_WoS