Leadership and risk-taking propensity among entrepreneurs in Malaysia / Ahmad Fadhly Arham and Norhayati Sulaiman

Sulaiman, Norhayati and Arham, Ahmad Fadhly (2013) Leadership and risk-taking propensity among entrepreneurs in Malaysia / Ahmad Fadhly Arham and Norhayati Sulaiman. Business and Management Quarterly Review (BMQR), 4 (1). pp. 31-39. ISSN 2180-2777

Abstract

The objectives of this paper are twofold. First, the author intends to explore on the form of leadership behaviours being practiced by leaders of SMEs in Malaysia. Second, this paper aims to explore on their risk-taking propensity. Based on semi-structured interviews among owners and top manager of SMEs, it was found that leaders of SMEs in Malaysia practice both transformational and transactional leadership. Leaders of SMEs in Malaysia also display more frequently the attributes of transformational leadership than transactional leadership. The interview data also revealed that leaders of SMEs in Malaysia are willing to take risks. They understand that being a risk taker supplements the entrepreneurs‟ level of innovativeness and proactiveness because without the dimension of risk-taking, it is very difficult for the entrepreneurial firms to invest heavily into the R&D and becoming the pioneers in the marketplace. This study is among the first to examine the type of leadership behaviours and risk-taking propensity of entrepreneurs in Malaysia from a qualitative perspective.

Metadata

Item Type: Article
Creators:
CreatorsID Num. / Email
Sulaiman, NorhayatiUNSPECIFIED
Arham, Ahmad FadhlyUNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Income. Factor shares > Entrepreneurship. Property
Divisions: Universiti Teknologi MARA, Shah Alam > Faculty of Business and Management
Journal or Publication Title: Business and Management Quarterly Review (BMQR)
ISSN: 2180-2777
Volume: 4
Number: 1
Page Range: pp. 31-39
Item ID: 8724
Uncontrolled Keywords: Leadership behaviours, risk-taking, SMEs, Malaysia
URI: http://ir.uitm.edu.my/id/eprint/8724

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