Adequacy of financial facilities for small-medium business: empirical findings from Malaysia

Small-medium businesses are highly viewed as crucial towards achieving a broader economic growth and development. Many support programmes have been introduced. Although there are as many as over 14 ministries and more than 36 government agencies and institutions that are involved in providing suppor...

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Main Authors:	Abdullah, Moha Asri, Ab. Manan, Siti Khadijah
Format:	Article
Language:	English
Published:	World Business Institute 2010
Subjects:	HB Economic Theory
Online Access:	http://irep.iium.edu.my/14782/ http://irep.iium.edu.my/14782/ http://irep.iium.edu.my/14782/1/Adequacy_of_Financial_Facilities_for_Small-Medium_Businesses_Empirical_Findings_from_Malaysia.pdf

id	iium-14782
recordtype	eprints
spelling	iium-147822012-02-03T01:28:56Z http://irep.iium.edu.my/14782/ Adequacy of financial facilities for small-medium business: empirical findings from Malaysia Abdullah, Moha Asri Ab. Manan, Siti Khadijah HB Economic Theory Small-medium businesses are highly viewed as crucial towards achieving a broader economic growth and development. Many support programmes have been introduced. Although there are as many as over 14 ministries and more than 36 government agencies and institutions that are involved in providing support programs out of which many focus specifically for small businesses, the accessibility of these supports to the targeted businesses and how far small businesses make use of them are indeed difficult to ascertain. In this regard, a survey was carried out on 201 small businesses across all economic sectors in Klang Valley, Malaysia. The study reveals that the majority of businesses receive the assistance; the assistance received by businesses is also quite diverse. The finding also indicates that among small businesses whose received the financial facilities, huge proportion of them acknowledged that financial facilities provided were inadequate to their need. The paper concludes that small businesses should be viewed as highly importance with respect to providing financial and credit facilities. These funds and schemes should aim not merely at nurturing and developing the enterprises, but available and accessible in the form of soft loans, grants, equity financing and venture capital with sufficiency and reasonably cheap. World Business Institute 2010-09 Article PeerReviewed application/pdf en http://irep.iium.edu.my/14782/1/Adequacy_of_Financial_Facilities_for_Small-Medium_Businesses_Empirical_Findings_from_Malaysia.pdf Abdullah, Moha Asri and Ab. Manan, Siti Khadijah (2010) Adequacy of financial facilities for small-medium business: empirical findings from Malaysia. International Review of Business Research Papers, 6 (4). pp. 535-548. ISSN 1832-9543 (O), 1837-5685 (P) http://www.bizresearchpapers.com/42.%20MOHA.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Abdullah, Moha Asri Ab. Manan, Siti Khadijah Adequacy of financial facilities for small-medium business: empirical findings from Malaysia
description	Small-medium businesses are highly viewed as crucial towards achieving a broader economic growth and development. Many support programmes have been introduced. Although there are as many as over 14 ministries and more than 36 government agencies and institutions that are involved in providing support programs out of which many focus specifically for small businesses, the accessibility of these supports to the targeted businesses and how far small businesses make use of them are indeed difficult to ascertain. In this regard, a survey was carried out on 201 small businesses across all economic sectors in Klang Valley, Malaysia. The study reveals that the majority of businesses receive the assistance; the assistance received by businesses is also quite diverse. The finding also indicates that among small businesses whose received the financial facilities, huge proportion of them acknowledged that financial facilities provided were inadequate to their need. The paper concludes that small businesses should be viewed as highly importance with respect to providing financial and credit facilities. These funds and schemes should aim not merely at nurturing and developing the enterprises, but available and accessible in the form of soft loans, grants, equity financing and venture capital with sufficiency and reasonably cheap.
format	Article
author	Abdullah, Moha Asri Ab. Manan, Siti Khadijah
author_facet	Abdullah, Moha Asri Ab. Manan, Siti Khadijah
author_sort	Abdullah, Moha Asri
title	Adequacy of financial facilities for small-medium business: empirical findings from Malaysia
title_short	Adequacy of financial facilities for small-medium business: empirical findings from Malaysia
title_full	Adequacy of financial facilities for small-medium business: empirical findings from Malaysia
title_fullStr	Adequacy of financial facilities for small-medium business: empirical findings from Malaysia
title_full_unstemmed	Adequacy of financial facilities for small-medium business: empirical findings from Malaysia
title_sort	adequacy of financial facilities for small-medium business: empirical findings from malaysia
publisher	World Business Institute
publishDate	2010
url	http://irep.iium.edu.my/14782/ http://irep.iium.edu.my/14782/ http://irep.iium.edu.my/14782/1/Adequacy_of_Financial_Facilities_for_Small-Medium_Businesses_Empirical_Findings_from_Malaysia.pdf
first_indexed	2023-09-18T20:23:56Z
last_indexed	2023-09-18T20:23:56Z
_version_	1777408290609692672

Adequacy of financial facilities for small-medium business: empirical findings from Malaysia

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