Dissecting Behaviours Associated with Business Failure: A Qualitative Study of SME Owners in Malaysia and Australia

Abstract

<p class="bodyOfText" style="margin: 0in 0in 4pt; text-indent: 0in; line-height: 12pt; mso-line-height-rule: exactly;"><span style="mso-bidi-font-size: 10.0pt; mso-ansi-language: EN-GB;" lang="EN-GB"><span style="font-size: x-small;"><span style="font-family: Times New Roman;">This paper presents the findings of the first phase of a larger research project on inter-country differences of business failure in entrepreneurial firms. This initial phase involves an exploratory comparative study into the perceptions of 20 Small and Medium Size Enterprise (SME) founder-owners in Australia and Malaysia on what they felt were ineffective behaviours and competencies that were strongly associated with their experiences of difficulties or failures in their own ventures. Drawing on real life lessons from the founder-owners on their actions or inactions, the research contributes to the understanding of behavioural differences in the context of business failure between founder-owners in two relatively different cultural settings. </span></span></span></p

Analyzing entrepreneurial orientation impact on start-up success with support service as moderator: A PLS-SEM approach

“…As predicted earlier, FRS has the highest moderation impact because financial support is the most important leverage in business (Czemiel-Grzybowska, 2013;Roundy, 2016). This finding is aligned with Ahmad and Seet (2009) (Rahimic & Ustovic, 2011;Bocken, 2015). However, the empirical evidence from this study indicated that technology alone is not the only key to improving Start-up Success.…”

Responsible business practices: Aspects influencing decision-making in small, medium and micro-sized enterprises

“…Other problems are demonstrated in studies by Gaskill, Van Auken and Manning (1993) and Stokes and Blackburn (2002) who found that failure to make timely business decisions proves harmful to a business and may lead to business failure. This was confirmed in the study done by Ahmad and Seet (2009). Gaskill et al (1993) also found that poor decision-making was due to inadequate skills that lead to financial problems.…”

The Effect of Internal Communication on Employees’ Commitment to Change in Malaysian Large Companies

“…To the researcher understanding, most of literatures have been studied that most of change failures occurred in Small-Medium Enterprises (SMEs) (e.g. Jaafar & Abdul-Aziz, 2005;Ahmad & Seet, 2009;Paulet et al, 2014) but a very few concerned on large companies, particularly in Malaysia. Large companies in America pledged and committed to fight the climate change (Fortune, 2015).…”

“…Among the important debates on the change failures in the organisation which leads to the business failures are in terms of debt repayments (Ong et al, 2011), management frauds (Yap, 2012), lack of leaders' skills and competencies (Ahmad & Seet, 2009), and commitment to change (Burke, 2002;Gelaidan & Ahmad, 2010;Probst & Raisch, 2005). Recently, many focuses on the need to study on the commitment to change because it is actually becoming the unanswered phenomenon in the country in general and company in specific (Abrell-Vogel & Rowold, 2014;Chen et al, 2012;Erkutlu & Chafra, 2016;Rogiest et al, 2015).…”