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All Journal International Journal of Application on Economics and Business
Amy, Yeo Chu May
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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A CONCEPTUAL FRAMEWORK FOR IDENTIFYING SUSTAINABLE BUSINESS PRACTICES OF MALAYSIAN SMALL AND MEDIUM ENTERPRISES (SMES) Chin, Tay Lee; Amy, Yeo Chu May; Ling, Chow Poh
International Journal of Application on Economics and Business Vol. 3 No. 1 (2025): February 2025
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v3i1.8-16

Abstract

Malaysian Small and Medium Enterprises’ (SMEs) Sustainable Business Practices (SBP) effort remains limited despite embracing SBP can address stakeholder expectations, minimize their social and environmental footprint over the long term. Hence, this paper identifies the factors that could enhance SBP in the Malaysian SMEs context. This study utilized a systematic review of previous studies on SBP specifically for SMEs. This study limited the literature search to journals published between 2019 and 2024 and excluded non-English articles, reports from consultancy firms, master’s and doctoral theses and government reports. The results showed that government initiatives, Human Resource Management (HRM) practices, firm and owner characteristics, technology integration and financial resources influence SBP. It contributes to the body of knowledge by providing a theoretical framework on how the factors can significantly influence the effectiveness and success of SBP in the Malaysian SMEs. This paper also identifies key gaps and potential areas for further research, specifically on the existing and future aspects of SBP in the Malaysian SMEs.
DRIVERS OF NEW VENTURE DIGITALIZATION AMONG MALAYSIAN SMES: A CONCEPTUAL MODEL Chin, Tay Lee; Amy, Yeo Chu May; Tan, Houng Chien; Abina, Babatunde Musiliu
International Journal of Application on Economics and Business Vol. 1 No. 3 (2023): Agustus 2023
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v1i3.1425-1440

Abstract

This study is an extension of previous studies focusing on new venture digitalization. It examines the influence of the drivers of new venture digitalization on small and medium enterprises (SMEs). Using a systematic literature review, the study developed a conceptual model to examine the drivers of new venture digitalization among Malaysian SMEs. The findings reveal the extent to which organizational factors such as size, ownership and international experience of firms can influence Malaysian SMEs’ new venture digitalization. It also indicates that individual and environment factors such as age, gender, and education; government intervention, competitors and customers pressure, Covid-19 health crisis, blockchain technology and fast broadband access have the potential to drive Malaysian SMEs’ new venture digitalization. The study contributes to models on new venture digitalization and provides a better understanding of general and country specific factors that drives the utilization of digitalization in new ventures.
Co-Authors Abina, Babatunde Musiliu Chin, Tay Lee Ling, Chow Poh Tan, Houng Chien