2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia

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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3
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country Malaysia
date 2022-06-27
format General Document
id 16367
institution UniSZA
originalfilename THE MODERATING EFFECTS OF ISLAMIC VALUES ON ENTREPRENEURIAL ORIENTATION AND ENTREPRENEURIAL SUCCESS AMONG MALAY SMALL AND MEDIUM ENTERPRISES (SMEs) IN MALAYSIA (MASTER_2022).pdf
person Nur Zainatulhani Binti Mohamad
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resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=16367
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spelling 16367 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=16367 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection3 General Document Malaysia Library Staff (Top Management) Library Staff (Management) Library Staff (Support) Terengganu Faculty of Business and Management English application/pdf 1.5 Server storage Scanned document Universiti Sultan Zainal Abidin UniSZA Private Access Universiti Sultan Zainal Abidin SAMBox 2.3.4; modified using iTextSharp™ 5.5.10 ©2000-2016 iText Group NV (AGPL-version) Copyright©PWB2025 Entrepreneurship – Malaysia 2022-06-27 348 THE MODERATING EFFECTS OF ISLAMIC VALUES ON ENTREPRENEURIAL ORIENTATION AND ENTREPRENEURIAL SUCCESS AMONG MALAY SMALL AND MEDIUM ENTERPRISES (SMEs) IN MALAYSIA (MASTER_2022).pdf Nur Zainatulhani Binti Mohamad Moderating Effects Islamic Values On Entrepreneurial Orientation Entrepreneurial Success Malay Small And Medium Enterprises (SMEs) In Malaysia Islamic values Small and medium enterprises – Malaysia Business ethics – Islamic perspective Entrepreneurial orientation 2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia The Government of Malaysia agreed Small and Medium Enterprises (SMEs) as one of the largest contributors towards Gross Domestic Product (GDP). However, there are still some drawbacks for Malay entrepreneurs who are trying to entangle within the growth of the industry. For this study, there were three major identified issues that arose. First, in 2017 to date, the statistics has showed that Malay entrepreneurs’ failure in Malaysia was still high. Second, lack of gratitude towards Islamic values in business management has been empirically proven to lead into the increment of failure and bankruptcy among the Malay entrepreneurs. Third, lack of consistent interactions between entrepreneurial orientation (EO) and entrepreneurial success (ES) in previous studies has limited the accuracy and comprehension of the interaction effects between the two constructs. Specifically, this study aims to analyse the effect of EO on ES and subsequently; to identify the moderating effects of Islamic values on the relationship of the constructs. Precisely, Islamic Leadership Theory and Human Capital Theory are used as the fundamental theories supporting the study. This quantitative study uses the questionnaire method approach. To achieve the objectives of the study, a total of 272 Malay SME data were selected via simple random method in the Klang Valley to test the hypothesis of the study. The data were then filtered and analysed by using SPSS 25.0 version and Structural Equation Model (SEM) AMOS 25.0 version respectively. The results of this study showed that entrepreneurial orientation has positive and significant impacts on entrepreneurial success. Concurrently, moderation variable which is the Islamic value established full moderation effect on the relationship of EO and ES entirely. It was also found that four dimensions of Islamic values namely trustworthiness, honesty, sharing and wisdom portrayed partial moderation effects on both variables. However, the existence of positive relationship of Islamic values between EO and ES amongst Malay SMEs entrepreneurs was found to strengthen the findings of this study. This study has stipulated the clarification and the significance of integrating Islamic values among the constructs. Somehow, even though Islamic value itself is considered as a good moderator between EO and ES, other dimensions of Islamic values also have a direct impact on entrepreneurial success and are classified as good moderators between EO and ES. Thus, this study has developed a theoretical framework that could improve Malay SMEs’ administration in which it is influenced by entrepreneurial orientation, entrepreneurial success and Islamic values. Overall, the results of this study have contributed significantly towards the development and succession of Malay SME either theoretically or empirically. For further study expansion, researchers can integrate other perspectives of Islamic values such as qana'ah and istiqamah as moderation or mediation effect that may enhance the strength of influence between EO and ES. Dissertations, Academic Thesis
spellingShingle 2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia
state Terengganu
subject Entrepreneurship – Malaysia
Islamic values
Small and medium enterprises – Malaysia
Business ethics – Islamic perspective
Entrepreneurial orientation
Dissertations, Academic
summary The Government of Malaysia agreed Small and Medium Enterprises (SMEs) as one of the largest contributors towards Gross Domestic Product (GDP). However, there are still some drawbacks for Malay entrepreneurs who are trying to entangle within the growth of the industry. For this study, there were three major identified issues that arose. First, in 2017 to date, the statistics has showed that Malay entrepreneurs’ failure in Malaysia was still high. Second, lack of gratitude towards Islamic values in business management has been empirically proven to lead into the increment of failure and bankruptcy among the Malay entrepreneurs. Third, lack of consistent interactions between entrepreneurial orientation (EO) and entrepreneurial success (ES) in previous studies has limited the accuracy and comprehension of the interaction effects between the two constructs. Specifically, this study aims to analyse the effect of EO on ES and subsequently; to identify the moderating effects of Islamic values on the relationship of the constructs. Precisely, Islamic Leadership Theory and Human Capital Theory are used as the fundamental theories supporting the study. This quantitative study uses the questionnaire method approach. To achieve the objectives of the study, a total of 272 Malay SME data were selected via simple random method in the Klang Valley to test the hypothesis of the study. The data were then filtered and analysed by using SPSS 25.0 version and Structural Equation Model (SEM) AMOS 25.0 version respectively. The results of this study showed that entrepreneurial orientation has positive and significant impacts on entrepreneurial success. Concurrently, moderation variable which is the Islamic value established full moderation effect on the relationship of EO and ES entirely. It was also found that four dimensions of Islamic values namely trustworthiness, honesty, sharing and wisdom portrayed partial moderation effects on both variables. However, the existence of positive relationship of Islamic values between EO and ES amongst Malay SMEs entrepreneurs was found to strengthen the findings of this study. This study has stipulated the clarification and the significance of integrating Islamic values among the constructs. Somehow, even though Islamic value itself is considered as a good moderator between EO and ES, other dimensions of Islamic values also have a direct impact on entrepreneurial success and are classified as good moderators between EO and ES. Thus, this study has developed a theoretical framework that could improve Malay SMEs’ administration in which it is influenced by entrepreneurial orientation, entrepreneurial success and Islamic values. Overall, the results of this study have contributed significantly towards the development and succession of Malay SME either theoretically or empirically. For further study expansion, researchers can integrate other perspectives of Islamic values such as qana'ah and istiqamah as moderation or mediation effect that may enhance the strength of influence between EO and ES.
title 2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia
title_full 2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia
title_fullStr 2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia
title_full_unstemmed 2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia
title_short 2022_The Moderating Effects of Islamic Values on Entrepreneurial Orientation and Entrepreneurial Success Among Malay Small and Medium Enterprises (SMEs) in Malaysia
title_sort 2022_the moderating effects of islamic values on entrepreneurial orientation and entrepreneurial success among malay small and medium enterprises (smes) in malaysia