Financing of women-owned small and medium enterprises in Malaysia / Ismail Ab. Wahab, Zarina Salleh and Laila Mohammad Kamaruddin

Ab. Wahab, Ismail and Salleh, Zarina and Mohammad Kamaruddin, Laila (2005) Financing of women-owned small and medium enterprises in Malaysia / Ismail Ab. Wahab, Zarina Salleh and Laila Mohammad Kamaruddin. Journal of International Business and Entrepreneurship, 11 (2). pp. 49-67. ISSN 0128-7494

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Abstract

This paper presents findings of a research study designed to investigate the current financing practices and problems of women-owned small and medium enterprises (SMEs) in Malaysia. Despite the rapid expansion in the range of financial initiatives, there is a widespread perception that financing difficulties continue to exist and hinder the growth of women-owned SMEs. This study investigates the financing practices of women-owned SMEs and discusses the existence or otherwise of financing difficulties. Our empirical research shows that, in addition to personal savings of the entrepreneurs and the retained profits of the firms, the majority of women entrepreneurs in Malaysia use external sources to finance their businesses. However, the results also reveal that women-owned SMEs in this country still face difficulties in raising external finance. While a significant number of women entrepreneurs have been successful in their applications for external finance, the majority of them have problems financing their business operations and expansion. Notwithstanding the complexities, they normally manage to obtain a certain amount of funding, which is still insufficient to support working capital and expansion requirements.

Item Type: Article
Uncontrolled Keywords: Financing; Women-owned; Small and medium enterprises; Malaysia
Subjects: H Social Sciences > HD Industries. Land use. Labor > Small business. Medium-sized business > Malaysia
Divisions: Faculty of Business and Management
Depositing User: Staf Pendigitalan 5
Date Deposited: 19 Apr 2017 07:06
Last Modified: 19 Apr 2017 07:06
URI: http://ir.uitm.edu.my/id/eprint/16749

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