Assessing the Dimensionality of Business Success: The Perspectives of Malaysian SME Owner-Managers

Noor Ahmad, Carlene Wilson, Liz Kummerow

    Research output: Contribution to journalArticle

    27 Citations (Scopus)

    Abstract

    Realizing that the measurement of success in the context of small and medium-sized enterprise (SME) is somewhat disparaging, this study aims to validate the business success construct based on the perspectives of SME founder-managers in the Malaysian context. Following a data collection of a sample of 212 SME founder-managers, a confirmatory factor analysis was performed to examine the factorial validity of the success measure and to assess its goodness of fit. The result indicates that business success is a four-factor structure, reflecting in (a) satisfaction with financial performance, (b) satisfaction with non-financial performance, (c) performance relative to competitors, and (d) business growth.

    Original languageEnglish
    Pages (from-to)207-224
    Number of pages18
    JournalJournal of Asia-Pacific Business
    Volume12
    Issue number3
    DOIs
    Publication statusPublished - Jul 2011

    Keywords

    • Business success
    • Confirmatory factor analysis
    • Malaysia
    • Small and medium sized enterprise (SMES)

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