Determinants of Small Business Performance Run by Women Street Vendors in Malaysia
- Universiti Selangor, Malaysia
- Selangor Business School, Universiti Selangor, Malaysia
- Universitas Dharma Andalas, Indonesia
Received: 18.11.2021Accepted: 20.12.2021Published: 24.12.2021
Background and aim of study:
The number of women street vendors has increased as they take up street vending as a means of survival and livelihood due to high unemployment rate levels and low barriers to entry. Nowadays, incomes earned within the informal sector, especially from micro-enterprise enterprises such as street vending, are meager and inconsistent. Generally, informal street vendors face four typical constraints: economic pressures, socio-cultural challenges, operational challenges, and adverse political conditions and policies.
towards the performance of the small business run by women street vendors.
The present paper investigates whether hygienic practice, financial capability, entrepreneurial expertise, and family obligation have affected small business performance run by women street vendors in Malaysia. The questionnaire was adopted and adapted from previous researchers and distributed to 100 women vendors as respondents who reside in Selangor, Malaysia.
The results show that hygienic practice did not have a significant relationship towards small business performance run by women street vendors. Instead, the other three independent variables namely financial capability, entrepreneurial expertise, and family obligation significantly affect small business performance run by women street vendors.
The finding has shown that financial capability, entrepreneurial expertise, and family obligation are crucial elements in the business performance of women street vendors in Selangor. Hopefully, the stakeholders and the government would take note of this discovery to help the small business operators, especially women to be more successful in their business performance.
© 2021 Husin N. A., Khairudin S. N., Azman H. A.
DOI and UDC:
DOI: https://doi.org/10.26697/ijes.2021.3.5 JEL: D03, L26, M21 UDC: 339.1-051