CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVE

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...

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Main Authors: Edward Wong Sek Khin, Chong Kei Loong, Gurcharan Singh
Format: Article
Language:English
Published: Universitas Indonesia 2015-04-01
Series:The South East Asian Journal of Management
Subjects:
Online Access:http://journal.ui.ac.id/index.php/tseajm/article/viewFile/4493/3230
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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 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' observations that high-level organizational commitment to credit control management is linked to improvements in business performance. The results suggest that three components - credit policy, employee development, and intelligence collection systems - are the most important predictors for the efficiency and effectiveness of credit control management.
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spelling doaj.art-2c64f1e873c147eeb3e059bce74c08dc2023-01-03T08:02:56ZengUniversitas IndonesiaThe South East Asian Journal of Management1978-19892355-66412015-04-01912133CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVEEdward Wong Sek Khin0Chong Kei Loong1Gurcharan Singh2 University of Malaya, MalaysiaUniversity of Malaya, MalaysiaUniversity of Buckingham, United KingdomThis 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' observations that high-level organizational commitment to credit control management is linked to improvements in business performance. The results suggest that three components - credit policy, employee development, and intelligence collection systems - are the most important predictors for the efficiency and effectiveness of credit control management.http://journal.ui.ac.id/index.php/tseajm/article/viewFile/4493/3230Family Business Performancecredit controlemployee development
spellingShingle Edward Wong Sek Khin
Chong Kei Loong
Gurcharan Singh
CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVE
The South East Asian Journal of Management
Family Business Performance
credit control
employee development
title CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVE
title_full CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVE
title_fullStr CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVE
title_full_unstemmed CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVE
title_short CREDIT CONTROL MANAGEMENT AND BUSINESS PERFORMANCE : THE MALAYSIAN FAMILY SME PERSPECTIVE
title_sort credit control management and business performance the malaysian family sme perspective
topic Family Business Performance
credit control
employee development
url http://journal.ui.ac.id/index.php/tseajm/article/viewFile/4493/3230
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AT chongkeiloong creditcontrolmanagementandbusinessperformancethemalaysianfamilysmeperspective
AT gurcharansingh creditcontrolmanagementandbusinessperformancethemalaysianfamilysmeperspective