Journal of Entrepreneurship, Business and Economics
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The Influence of funds on the Organizational Performance of SMEs in the Tamale Metropolis of Ghana
Full text linkSmall and medium enterprises (SMEs) are critical to the economy's and industry's overall growth. However, in the long run, funding will be required to improve their performance, necessitating the need to fund their operations. This paper examined SMEs access to funds to finance their businesses and its effect on their performance in Tamale Metropolis. A Quantitative approach was used, and questionnaires were administered. The research data were collected from 92 respondents through a simple random sample technique. Descriptive and inferential statistics were used to analyzed. The study found that the main source of funding for SMEs in the Tamale metropolis in Northern Ghana are: self, family and friends; funds sourced from these sources to a large extent did not have much effect on the performance of the SMEs. To enhance the SMEs opportunities to access funds from financial institutions, there is the need for trainings, workshops on business registrations, and entrepreneurship skills building. This will make them more attractive to financial agencies to lend them money to finance their businesses.
Research paper
Keywords: Funds; Small and Medium Scale Enterprise; SMEs Performance; Ghana
Reference to this paper should be made as follows: Abubakari, A., Abdulai, M. S., & Adam, A. (2022). The Influence of funds on the Organizational Performance of SMEs in the Tamale Metropolis of Ghana. Journal of Entrepreneurship, Business and Economics, 10(1), 109–140
Individual Needs’ Influence on Retirement Intention of Government Hospital Nurses in Malaysia
Full text linkGovernment hospital nurses’ shortages in Malaysia due to early retirement or leaving the profession is apparent in the workforce nowadays. This results in the loss of experienced and skilled nurses and a financial burden to the government due to longer provision funds or pension pay-out. To better manage this workforce, it is crucial to identify and understand the individual needs that influences the nurses’ intention to retire. The four individual needs, namely, health, financial stability, individual career competency and work-life balance, are analyzed on their influence on retirement intention. The Self-Determination Theory (SDT) is used to support the paper’s framework, focusing on the individual needs and its relatedness to retirement intention. The endpoint of this study further identifies and confirms the individual needs’ (health, financial stability, individual career competency and work-life balance) that influences nurses’ intention to stay or retire from their current role. The study aims to aid the academics and practitioners to understand better and address the issue of retirement intention among nurses to reduce their shortage and the financial burden of the government. Subsequently, it aids in the finding of core needs that influences decision towards retirement besides knowing the preferred retirement age of nurses by analyzing the effect of individual needs on retirement intention.
Research paper
Keywords: Retirement Intention; Individual Needs; Self-Determination Theory (SDT); Health, Financial Stability; Individual Career Competency; Work-Life-Balance; Government Hospital Nurses; Malaysia
Reference to this paper should be made as follows: Visvanathan, P., & Muthuveloo, R. (2022). Individual Needs’ Influence on Retirement Intention of Government Hospital Nurses in Malaysia. Journal of Entrepreneurship, Business and Economics, 10(1), 76–108.  
Using the ARDL Approach to Investigate the Nexus Between Financial Risk and Sukuk Market Development
No full textThe purpose of this paper is to examine the effect of financial risk factors on Sukuk market development in Malaysia during the period 2015 to year 2021. To capture the effect of financial risk factors on Sukuk market development, the authors estimated the long-run linkage by using ARDL bounds testing approach to cointegration. This study confirmed the existence of both long-run and short-run relationships between the financial risk factors and Sukuk market development. The authors also found that the coefficient for international liquidity stability is positive and statistically significant in the long-run, but negative and statistically significant in the short-run. Findings obtained in this research can further justify the premium price to be paid in purchasing Sukuk as compared to conventional bond which may be beneficial to Sukuk market players in understanding these securities better in capitalizing its benefit to portfolio diversification. The use of ARDL approach that examines the long-run and short-run effects of financial risk factors on Sukuk market development in Malaysia makes the current study value added to the literature since there is scant research conducted in the same area using samples from an emerging Asian market.
Research paper
Keywords: Financial risk, Sukuk, ARDL model, Mala ysia market
Reference to this paper should be made as follows: Roslen, S. N. M, Zaghlol, A. K., & Abdul Aziz, M. R. (2022). Using the ARDL Approach to Investigate the Nexus Between Financial Risk and Sukuk Market Development. Journal of Entrepreneurship, Business and Economics, 10(2S1), 95–123.  
Conceptualising Stakeholder Commitment, Closed-Loop Supply Chains and Organisational Performance: A Circular Economy Perspective
No full textIn the supply chain context, circular economy (CE) initiatives strive to minimise waste and pollution by promoting remanufacturing to reduce the reliance on virgin materials. To realise the CE, closed-loop supply chains (CLSCs) have been identified as the backbone of its implementation. Unfortunately, little attention has been paid to exploring the contribution of CLSC practices in manufacturing industries, particularly towards the transition to a more circular economy in emerging economies. This study aims to propose a conceptual framework for examining the impact of stakeholders’ commitment on CLSCs and organisational performance. In general, this study proposes that stakeholders’ commitment (customers’ pressure, top management commitment, buying firms’ leadership, and government support) has a significant impact on CLSCs implementation. Furthermore, this study also proposes that CLSCs implementation contributes significantly towards organisational performance. This study suggests that future studies should conduct an empirical investigation using the conceptual framework of this paper. It is expected that this study will facilitate discussions on the need to deepen the comprehension of stakeholders’ commitment and its influence on CLSCs and organisational performance. The study contributes to the existing literature by addressing the gaps between stakeholders’ commitment, CLSCs, and organisational performance in realising the transition towards CE.
Research paper
Keywords: Circular economy, closed-loop, supply chain, reverse logistic, stakeholder, sustainability
Reference to this paper should be made as follows: Johari, N. A. M., Mokhtar, A. R. M., & Sayuti, N. M. (2022). Conceptualising Stakeholder Commitment, Closed-Loop Supply Chains and Organisational Performance: A Circular Economy Perspective. Journal of Entrepreneurship, Business and Economics, 10(2S2), 109–137.  
A Study on Country of Origin Towards Purchasing Intention of Cosmetic Products in Malaysia’s Consumer Perspective
No full textConsumer perceptions of product country-of-origin have shifted from one fresh perspective to another in the current and competitive period of global marketing. The new view could lead to both positive and negative outcomes in terms of dimensions. This study aims to contribute and gauge a better understanding of the country of origin toward purchasing intention of cosmetic products in Malaysia’s consumer perspective. The principal objective of this research is to perform a conceptual framework to examine the relationship of country origin towards purchasing intention of cosmetic products among Malaysian consumers. This study proposed to utilise a survey method and the data will be collected specifically in the Klang Valley area. The originality of this research is on its examining of the relationship among country of origin on purchasing intention of cosmetic product in Malaysian consumers context, something has been ignored in the previous studies. This conceptual model is expected to be contribute to the advancement of knowledge in cosmetic product purchase intention among Malaysian consumers and to get a clear picture of how the factor of the country of origin affects the consumer purchase intention for cosmetic products.
Research paper
Keywords: Country origin, Cosmetic, Malaysian, Purchasing intention
Reference to this paper should be made as follows: Zainuddin, A. Z., Zainuddin, N. Z., Muhamed, A. A., Ibrahim, Z., & Yunus, N. A. M. (2022). A Study On Country Of Origin Towards Purchasing Intention Of Cosmetic Products in Malaysia’s Consumer Perspective. Journal of Entrepreneurship, Business and Economics, 10(2S2), 138–153
Determinants of Takaful Performance in Malaysia
No full textThis paper intends to find out the factors influencing the company’s performance in Takaful industry in Malaysia. It is done by investigating on the micro level factors such as liquidity and firm size. For macro level factors, the study employs inflation and gross domestic product to know their influence towards performance of Takaful companies. The data for this research were gathered from the annual report of the company itself and from the World Bank website. The duration of the study is from year 2011 until 2020. The sample size of the study is five Takaful companies, and it makes the observations become 50. Panel Data Analysis is used to analyse the data. As a result, it shows that liquidity, size of the firm and GDP have significant relationship with the performance of Takaful companies in Malaysia. It is hope that the findings from this study will give impact and contribution towards the existing body of knowledge. Furthermore, it will give better understanding to the managerial level in order for them to improve their firm’s performance, thus will improve takaful industry performance in Malaysia.
Research paper
Keywords: Takaful performance, return on asset, size of the firm, liquidity, GDP
Reference to this paper should be made as follows: Sahudin, Z., Abdullah, H., Abdul Rahim, H., Bahrudin, N. Z., & Pardi, F. (2022). Determinants of Takaful Performance in Malaysia. Journal of Entrepreneurship, Business and Economics, 10(2S2), 1–17
The Role of English Proficiency and Financial Development in Stimulating Economic Growth
No full textThe role of English as the language of trade, finance and technology, has become more vital for development strategies in the 21st century. Recognition of English as the language of communication at the international level not only as knowledge of the language but also the ability to communicate effectively. Thus, the English language has become a necessity to strengthen relations with other countries in the world, especially in international trade, economic development, and financial development. With this motivation, the main purpose of this study was to look the impact of English proficiency in the relationship between financial development and economic growth. Using panel data for 55 countries from 2010-2019, this study applied the generalized method of moments estimation (GMMs). The findings prove that the interaction between English proficiency and financial development has positive impact on economic growth in selected countries. This study suggests that in achieving high and competitive economic growth in this era of globalization, the role of interaction between financial development and English Language Proficiency is vital to consider a reform that would strengthen the financial development and stimulate economic growth as well as development.
Research paper
Keywords: English Language Proficiency, Financial Development, Economic Growth, GMMs
Reference to this paper should be made as follows: Shaharuddin, N., Abdul Wahab, M. H., Safian, S. S., & Osman, A. A. (2022). The Role of English Proficiency and Financial Development in Stimulating Economic Growth. Journal of Entrepreneurship, Business and Economics, 10(2S2), 18–37.  
The Influence of Intrinsic and Extrinsic Motivation Factors on Employee's Performance at Pecca Leather Sdn. Bhd. as Mediated by Job Satisfaction
No full textEmployee performance has been a topic of interest for researchers and practitioners in the field of industrial or organizational psychology for decades. There is no single solution for the problem related to this topic. The present study is meant to investigate the factors that might contribute to increasing employee performance at Pecca Leather Sdn. Bhd. To further explain the relationship between the predictors and the outcome variable, job satisfaction was included as the mediating variable. The results indicate that task significance and growth, and task execution have significant direct relationship with job performance. Meanwhile, job satisfaction acts as a quasi-mediator on the relationship between task significance and growth and job performance and between task execution and job performance. Top management at the company must consider these two factors in motivating their staff to achieve high job performance. Other implications are discussed in the paper.
Research paper
Keywords: Extrinsic; Intrinsic Motivation; Job Performance; Job Satisfaction; Case Study
Reference to this paper should be made as follows: Othman, A. K., Abdullah, M. Z., Aziz, N. F., & Tobi, S. N. M. (2022). The Influence of Intrinsic and Extrinsic Motivation Factors on Employee's Performance at Pecca Leather Sdn. Bhd. as Mediated by Job Satisfaction. Journal of Entrepreneurship, Business and Economics, 10(2S1), 28–52
The Impact of E-Commerce Adoption Factors on the Growth of MSMEs E-Commerce Sales in Jabodetabek Area, Indonesia
No full textThe world is shifting digitally and just like humans, businesses need to adapt as well in order to keep up in this digital business era. In order to survive the current era, especially with the ongoing global pandemic, many micro, small, and medium enterprises (MSMEs) adopt e-commerce technologies to assist in their business growth. Several theories of e-commerce adoption have been proposed; the Technological Organizational and Environmental (TOE) Framework presents the impact of theoretical aspects in technology adoption. Therefore, this study aims to examine and identify how the TOE framework of e-commerce adoption contributes to improving the growth sales of MSMEs in the digital business era. The study utilizes cross-sectional data targeting 150 MSME owners and managers in Java’s Big City Clusters of Jabodetabek (Jakarta, Bogor, Depok, Tangerang, Bekasi). The analysis was divided into three stages of analysis: the multi-stage regression analysis, the confirmatory factor analysis, and the regression analysis. The final result shows that technological and organizational factors have a significant and positive relationship with the growth of MSME e-commerce sales. Meanwhile, the environmental factor shows otherwise due to external parties giving uncertainty to the growth of the business by adopting the technology. The negative result is affected by several factors, one of which is the use of latent variables, making it uncertain to sum any conclusion. Hence, it is implied that MSMEs need to continue or even improve business performance by being compatible with its infrastructure, and must be able to leverage the relative advantages of using the electronic commerce platforms as a tool. Moreover, MSMEs are expected to be ready to develop their business internally while remaining vigilant and prepared for future situations that may arise. Furthermore, policymakers should implement policies to support MSMEs in becoming multichannel sellers.
Research paper
Keywords: MSMEs; E-commerce; E-commerce Adoption Factors; TOE Framework; Jabodetabek
Reference to this paper should be made as follows: Tirtana, M. Q., Hasudungan, A., Tjong, V. C., & Lukas, E. N. (2022). The Impact of E-Commerce Adoption Factors on the Growth of MSMEs E-Commerce Sales in Jabodetabek Area, Indonesia. Journal of Entrepreneurship, Business and Economics, 10(2), 172–191
Financial Preparedness of households: A Review
No full textSince COVID-19 will hit the world in early 2020, households have been hit with unanticipated risks that lower their income, cause them to lose their jobs, or cause them to lose family members. This situation got worse when the Movement Control Order (MCO), which is slowing down the economy, was kept in place for longer. Businesses aren't running as usual, people are afraid to be in crowded places, and the virus's sudden change makes things worse. Malaysia was recently hit by a flash flood in December 2021. Selangor is an important part of Malaysia's economy, so the flash floods there have affected many economic activities. This flash flood was also written down as one of the worst flash floods ever, and it forced about 4,000 people to leave their homes. But most households in Malaysia aren't financially ready, so they depend a lot on government help. Financial preparedness is one of the important expect in having financial stability, especially during the occurrences of unexpected risk. The study on financial preparedness usually involving old age and retirement process. However, new study on financial preparedness based on health and unexpected event had emerged. This study review on the financial preparedness of households. SCOPUS database were used on identify the journals used for this study. This study identifies the types of financial preparedness and the factors contributing to the financial preparedness of households.
Research paper
Keywords: Financial Preparedness, Households, Covid-19
Reference to this paper should be made as follows: Azhar, N. A. Z. M., & Shakil, N. S. M. (2022). Financial Preparedness of households: A Review. Journal of Entrepreneurship, Business and Economics, 10(2S2), 154–164