“…Therefore, intangible resources such as human capital have frequently been emphasised as being critical to an organisation's long-term performance and economic efficiency (Absah et al, 2018;Ayob, Daud, & Ismail, 2016;El Shoubaki et al, 2020;A. Md Saad et al, 2018;Mubarik & Devadason, 2020;Muchtar, Qamariah, & Fadli, 2018;Rafiki, Al Khalifa, & Buchari, 2014). Mubarik and Devadason (2020) argue that human capital has a positive relationship with women-owned business performance.…”