Small-and Medium-sized Manufacturing Enterprises in Cambodia

Abstract

This paper primarily focuses on how business outcomes of Small-and Medium-sized Enterprises (SMEs) in Cambodia is affected by the way by which the four key managerial functions are practiced, i.e. HRM, finance, marketing, and production-technology functions.Results from t-test based on the sample of 112 manufacturing SMEs in the Phnom Penh area, Cambodia showed that there were significant differences between successful and non-successful firms in terms of practices of the four functions and business performance.Regression analyses revealed that two key functions (HRM and marketing) had significant and positive contributions to profit growth.