Variations in performances in chinese small and medium enterprises
TLDR
In this paper, the authors investigated the combined effects of managerial characteristics of owners/managers and business strategy on the firm performance of Chinese small and medium enterprises (SMEs) in Malaysia.Abstract:
Malaysia, like many developing countries, is encouraging local businesses to take greater role in the management of its economy. While incentives and deregulation measures are offered, variations in performances still persist. Researchers have long been interested in explaining the variance in fi rm performance, as even those firms operating in the same industry and in the same
business environment show diff erences in performance outcomes. Numerous paradigms in the literature have been employed to explain the variance in business performance, including the Classical Industry Organisation, the Revisionist school, the New Industrial Organisation school, the PIMS paradigm,the Austrian school, and the Resource-based school. This paper investigates the combined effects of managerial characteristics of owners/managers and business strategy on the firm performance of Chinese small and medium enterprises(SMEs) in Malaysia. Using multivariate relationship, the results of the study did not show any significant correlation between the managerial characteristics of the owners/managers and firm performance outcomes among the Chinese entrepreneurs. Nevertheless, a significant amount of variance in performance outcomes can be explained by firm strategy. Furthermore, several significant correlations were found between managerial characteristics and business strategy.read more
Citations
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The strategic planning of SMEs in Malaysia: Types of strategies in the aftermath of economic downturn
TL;DR: In this article, the authors looked at whether formal strategic planning is relevant to SMEs and if the Wheelen and Hunger (2008) strategic planning model is applicable for SMEs in the Asian context.
An Investigation of the Small Business Start-ups' Performance
TL;DR: In this paper, the authors scrutinize the factors that influence the performance of small businesses in the early stages of operation and reveal that entrepreneurial characteristics, management practices, and training and guidance significantly influence small business start-ups.
Journal ArticleDOI
Strategies of global recession for small business enterprises in emerging markets: Case of South Africa
TL;DR: Van Scheers et al. as discussed by the authors examined strategies of global recession for SMEs in emerging markets such as South Africa and found that SMEs have little flexibility to cope with decreasing demand, scarcer financing and delayed payments.
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Firms Performance And Top Management Characteristics In Indonesia
TL;DR: In this paper, the authors investigated the impact of management characteristics on the performance of companies in the context of Indonesia and found that locus of control, one of the personality characteristics has a relationship with company performance.
Book Chapter
Innovation, stategic orientation and performance of Malaysian manufacturing SMES : a review
Kumaraguru Sivageahnam,Abdullah Al Mamun,Wan Mohd Nazdrol Wan Mohd Nasir,Mohamed Dahlan Ibrahim +3 more
TL;DR: In this article, a review of empirical studies to identify the effect of strategic orientation on innovation and financial performance among Malaysian manufacturing SMEs is presented. But the authors focused on strategic orientation and emphasized on the significant of innovation and strategic orientation for superior performance of a business.
References
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Competitive Advantage: Creating and Sustaining Superior Performance
TL;DR: Porter's concept of the value chain disaggregates a company into "activities", or the discrete functions or processes that represent the elemental building blocks of competitive advantage as mentioned in this paper, has become an essential part of international business thinking, taking strategy from broad vision to an internally consistent configuration of activities.
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