Business, Management and Accounting
8 years ago

Small businesses in Malaysia struggle with inadequate financial support facilities.

Adequacy of Financial Facilities for Small-Medium Businesses: Empirical Findings from Malaysia
Moha Asri Abdullah, Siti Khadijah Ab. Manan

Paper Summary

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Small-medium businesses in Malaysia are important for economic growth. Many government programs support these businesses, but it's hard to know how well they work. A survey of 201 small businesses in Klang Valley found that most received help, but many felt the financial support they got was not enough. The study suggests that small businesses need better access to funds like loans and grants to grow and succeed.