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

Noor Ahmad; Carlene Wilson; Liz Kummerow

doi:10.1080/10599231.2011.586855

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

Noor Ahmad, Carlene Wilson, Liz Kummerow

Research output: Contribution to journal › Article › peer-review

28 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 language	English
Pages (from-to)	207-224
Number of pages	18
Journal	Journal of Asia-Pacific Business
Volume	12
Issue number	3
DOIs	https://doi.org/10.1080/10599231.2011.586855
Publication status	Published - Jul 2011

Keywords

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

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