Malaysian government is currently pushing and encouraging for women involvement in entrepreneurship, which will ultimately stimulate the country's economy. Furthermore, concerns regarding the survival and sustainability of business and women entrepreneurs have been brought up by the leadership, despite governmental recognition. The journey towards business success among these women entrepreneurs, especially those from developing countries, may be further complicated by the lack of competencies. Thus, the present study is aiming to propose a model for women business success aligning with the role of social capital and entrepreneurial competencies. It has utilised 6 dimensions of entrepreneurial competencies, which are: strategic competencies, commitment competencies, organizing competencies, relationship competencies, commitment competencies, opportunity competencies and conceptual competencies. In developing countries, social capital is a topic of interest that has yielded positive effect on business performance. It is resources that can be accessed by entrepreneurs via personal network, allowing them to identify opportunities, mobilize resources and ensure the legitimacy of their operations. For this study, social capital have been used as a moderating effect. Structural Equation Modeling (SEM) has been employed as the main statistical technique in this study.
The performance of organizational reflects the result of the implementation of various strategies adopted by the organization. Different organizations use varying measures of performance. A recent study suggests that managerial practices are strongly connected with firm or organizational performance. A previous study discovered significant disparities in management practices among organizational and nations, and that these practices were closely linked to organizational innovation and other performance indicators including profitability and survival rates. From that, this study aims to propose a model based on the combination of managerial leadership, managerial competence, and managerial ties toward organizational performance. Also, this study highlights the role of environmental dynamics as a moderating variable. Thus, disparities in management practices were discovered to be bigger within nations than across countries, showing that some organizational and industrial elements are at least as important as the overall business environment in shaping management performance. This is due to the organization's significant contribution to a country's economic development.
Entrepreneurial activities, especially among rural entrepreneurs has become one of the contributing factors to economic development. Various studies and literature had discussed the factors influencing toward entrepreneurship success which will affect the growth and sustainability of business performance. As the Malaysian economy is affected by covid-19, people can no longer rely on job opportunities. Engaging in entrepreneurial activities is the best way to help improve the economy whether for individuals, families, local communities, or even the country. From that, this study aims to propose a model based on the combination of entrepreneur's characteristics, managerial skills, and external environment factors toward entrepreneurship success in social entrepreneurship among rural entrepreneurs. The outcome of this research will contribute to the development of rural entrepreneurs as well as help them to improve their business performance. Hence, the government transformation program related to entrepreneurship also can be achieved successfully through fulfilling the national key results areas that relate to entrepreneurship nation.
Financial management is concerned with the acquisition of funds and their efficient application within an organization. Also, financial management comprises one of several functional areas of management, but it is crucial to the success of any small business because it focuses primarily on the efficient administration of funds within the organization. The issues surrounding the financial management practices of the small medium enterprises (SMEs) sector have long garnered the attention and concern of researchers. Therefore, this study will discuss the elements of financial management practices (capital structure management, working capital management, financial reporting and analysis, capital budgeting management, and accounting information system) in influencing the business performance among SMEs in Malaysia.
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