Control Management and Business Performances: The Malaysian Family SMEs Perspectives

<p class="MsoNormal"><span style="font-size: 12.0pt;" lang="EN-US">This study examined the relationship between control management and family business performance in the Malaysian context. It has two objectives, the first being to determine the relationship...

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Main Authors: Edward Wong Sek Khin, Chong Kei Loong, Gurcharan Singh
Format: Article
Language:English
Published: Universitas Indonesia 2015-06-01
Series:The South East Asian Journal of Management
Subjects:
Online Access:http://journal.ui.ac.id/index.php/tseajm/article/view/4493
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author Edward Wong Sek Khin
Chong Kei Loong
Gurcharan Singh
author_facet Edward Wong Sek Khin
Chong Kei Loong
Gurcharan Singh
author_sort Edward Wong Sek Khin
collection DOAJ
description <p class="MsoNormal"><span style="font-size: 12.0pt;" lang="EN-US">This study examined the relationship between control management and family business performance in the Malaysian context. It has two objectives, the first being to determine the relationship of organizational credit control policy and procedures, employee development and motivation, and intelligence collection systems to subsequent collection reports in Malaysian family SMEs. The second objective is to investigate the moderating effect of participation in decision-making and work effort towards innovation and business performance. This is a descriptive study involving 90 senior executives employed in 90 Malaysian family SMEs/firms. A correlation analysis from this study confirmed previous researchers&rsquo; observations that high-level organizational commitment to credit control management is linked to improvements in business performance. The results suggest that three components &ndash; credit policy, employee development, and intelligence collection systems &ndash; are the most important predictors for the efficiency and effectiveness of credit control management. </span></p> <p class="MsoNormal"><strong><span style="font-size: 12.0pt;" lang="EN-US">&nbsp;</span></strong></p> <p class="MsoNormal">&nbsp;</p>
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spelling doaj.art-09b41e1863e24d4b850c37e5a340b29d2023-01-03T08:02:59ZengUniversitas IndonesiaThe South East Asian Journal of Management1978-19892355-66412015-06-019110.21002/seam.v9i1.44932988Control Management and Business Performances: The Malaysian Family SMEs PerspectivesEdward Wong Sek Khin0Chong Kei Loong1Gurcharan Singh2University of MalayaUniversity of MalayaUniversity of Buckingham<p class="MsoNormal"><span style="font-size: 12.0pt;" lang="EN-US">This study examined the relationship between control management and family business performance in the Malaysian context. It has two objectives, the first being to determine the relationship of organizational credit control policy and procedures, employee development and motivation, and intelligence collection systems to subsequent collection reports in Malaysian family SMEs. The second objective is to investigate the moderating effect of participation in decision-making and work effort towards innovation and business performance. This is a descriptive study involving 90 senior executives employed in 90 Malaysian family SMEs/firms. A correlation analysis from this study confirmed previous researchers&rsquo; observations that high-level organizational commitment to credit control management is linked to improvements in business performance. The results suggest that three components &ndash; credit policy, employee development, and intelligence collection systems &ndash; are the most important predictors for the efficiency and effectiveness of credit control management. </span></p> <p class="MsoNormal"><strong><span style="font-size: 12.0pt;" lang="EN-US">&nbsp;</span></strong></p> <p class="MsoNormal">&nbsp;</p>http://journal.ui.ac.id/index.php/tseajm/article/view/4493Family Business PerformanceCredit ControlEmployee DevelopmentMotivation and Credit System
spellingShingle Edward Wong Sek Khin
Chong Kei Loong
Gurcharan Singh
Control Management and Business Performances: The Malaysian Family SMEs Perspectives
The South East Asian Journal of Management
Family Business Performance
Credit Control
Employee Development
Motivation and Credit System
title Control Management and Business Performances: The Malaysian Family SMEs Perspectives
title_full Control Management and Business Performances: The Malaysian Family SMEs Perspectives
title_fullStr Control Management and Business Performances: The Malaysian Family SMEs Perspectives
title_full_unstemmed Control Management and Business Performances: The Malaysian Family SMEs Perspectives
title_short Control Management and Business Performances: The Malaysian Family SMEs Perspectives
title_sort control management and business performances the malaysian family smes perspectives
topic Family Business Performance
Credit Control
Employee Development
Motivation and Credit System
url http://journal.ui.ac.id/index.php/tseajm/article/view/4493
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AT chongkeiloong controlmanagementandbusinessperformancesthemalaysianfamilysmesperspectives
AT gurcharansingh controlmanagementandbusinessperformancesthemalaysianfamilysmesperspectives