Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance Participants

A large number of studies have been conducted on small business performance. However, potential influence of managerial competencies on small business growth, particularly among microfinance participants is hardly existent. In fulfilling the literature gap, this study provides some insight into the...

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Main Authors: Syamsuriana Sidek, Mohd Rosli Mohamad
Format: Article
Language:English
Published: UUM Press 2014-06-01
Series:International Journal of Management Studies
Subjects:
Online Access:https://e-journal.uum.edu.my/index.php/ijms/article/view/10404
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author Syamsuriana Sidek
Mohd Rosli Mohamad
author_facet Syamsuriana Sidek
Mohd Rosli Mohamad
author_sort Syamsuriana Sidek
collection DOAJ
description A large number of studies have been conducted on small business performance. However, potential influence of managerial competencies on small business growth, particularly among microfinance participants is hardly existent. In fulfilling the literature gap, this study provides some insight into the relationship between managerial competencies and small business growth. Using data collected from microfinance participants in Kelantan and Terengganu and applying the Structural Equation Modelling approach, this study found that all the managerial competency dimensions – technical, generic and conceptual skills – had positive and significant impacts on small business growth. While consolidating the theories that managerial competencies explain business growth, this study has several limitations. Future studies should delve into, through qualitative research, why managerial skills are significant for small business growth. Sampling should also include small businesses in other parts of Malaysia, instead of Kelantan and Terengganu.   Keywords: Small business, growth, management competencies, generic skills, technical skills, Conceptual Skills, Microfinance.  
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spelling doaj.art-347cd38a307d44b69e1ac8ca6e596c3b2023-01-26T03:12:11ZengUUM PressInternational Journal of Management Studies2232-16082180-24672014-06-01211Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance ParticipantsSyamsuriana Sidek0Mohd Rosli Mohamad1Faculty of Entrepreneurship and Business Universiti Malaysia KelantanFaculty of Entrepreneurship and Business Universiti Malaysia KelantanA large number of studies have been conducted on small business performance. However, potential influence of managerial competencies on small business growth, particularly among microfinance participants is hardly existent. In fulfilling the literature gap, this study provides some insight into the relationship between managerial competencies and small business growth. Using data collected from microfinance participants in Kelantan and Terengganu and applying the Structural Equation Modelling approach, this study found that all the managerial competency dimensions – technical, generic and conceptual skills – had positive and significant impacts on small business growth. While consolidating the theories that managerial competencies explain business growth, this study has several limitations. Future studies should delve into, through qualitative research, why managerial skills are significant for small business growth. Sampling should also include small businesses in other parts of Malaysia, instead of Kelantan and Terengganu.   Keywords: Small business, growth, management competencies, generic skills, technical skills, Conceptual Skills, Microfinance.   https://e-journal.uum.edu.my/index.php/ijms/article/view/10404Small businessgrowthmanagement competenciesgeneric skillstechnical skillsConceptual Skills
spellingShingle Syamsuriana Sidek
Mohd Rosli Mohamad
Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance Participants
International Journal of Management Studies
Small business
growth
management competencies
generic skills
technical skills
Conceptual Skills
title Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance Participants
title_full Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance Participants
title_fullStr Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance Participants
title_full_unstemmed Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance Participants
title_short Managerial Competencies and Small Business Growth: Empirical Evidence From Microfinance Participants
title_sort managerial competencies and small business growth empirical evidence from microfinance participants
topic Small business
growth
management competencies
generic skills
technical skills
Conceptual Skills
url https://e-journal.uum.edu.my/index.php/ijms/article/view/10404
work_keys_str_mv AT syamsurianasidek managerialcompetenciesandsmallbusinessgrowthempiricalevidencefrommicrofinanceparticipants
AT mohdroslimohamad managerialcompetenciesandsmallbusinessgrowthempiricalevidencefrommicrofinanceparticipants