Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support

Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support

Firm growth has received profound attention due to its significant contributions towards the economy. Nonetheless, growth in the context of small firms is suffering from the absence of any unified theory or model. Based on the theory of Resource Based View (RBV), which argues that firms’ resources h...

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Main Author: Hossain, Md. Mosharref
Format: Thesis
Language:eng
eng
Published: 2017
Subjects:
HB615-715 Entrepreneurship
Risk and uncertainty
Property
Online Access:https://etd.uum.edu.my/7230/1/s95879_01.pdf
https://etd.uum.edu.my/7230/2/s95879_02.pdf
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id my-uum-etd.7230
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Ibrahim, Yusnidah
topic HB615-715 Entrepreneurship
Risk and uncertainty
Property
spellingShingle HB615-715 Entrepreneurship
Risk and uncertainty
Property
Hossain, Md. Mosharref
Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support
description Firm growth has received profound attention due to its significant contributions towards the economy. Nonetheless, growth in the context of small firms is suffering from the absence of any unified theory or model. Based on the theory of Resource Based View (RBV), which argues that firms’ resources have direct and indirect effects on firms’ performance and growth, the study examined the relationship between resources such as finance, financial literacy of owner-managers, market orientation strategy, managerial capability, and small firm financial and non-financial growth in the context of Bangladesh. The study also considered the moderating role of government and private organizations support. A quantitative research approach was employed and a structured questionnaire was used as the research instrument. A survey design was adopted and the unit of analysis was small firms operating in Bangladesh and the owner-managers of the small firms were the respondents. The study employed non- probabilistic sampling technique, with a sample size of 407 small firms. The Partial Least Squares to Structural Equation Modelling (PLS-SEM) approach was applied for analysing the data. The findings of the study show that finance, financial literacy and market orientation are the strong predictors of small firm financial and non-financial growth in Bangladesh. Managerial capability is shown to have a positive significant relationship only with non-financial growth. The study also indicates that government support is not useful while private organizations play only a minor role in assisting small firm growth in Bangladesh. The novelty of this study is in pioneering the integration of tangible and intangible resources in a single domain with the moderating effect of government and private organizations support in explaining small firm growth. Based on the empirical evidences, practitioners and policy makers should pay more attention to the financial access, literacy development and marketing success of small firms in Bangladesh.
format Thesis
qualification_name other
qualification_level Doctorate
author Hossain, Md. Mosharref
author_facet Hossain, Md. Mosharref
author_sort Hossain, Md. Mosharref
title Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support
title_short Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support
title_full Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support
title_fullStr Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support
title_full_unstemmed Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support
title_sort relationship between resources and small firm growth in bangladesh : the moderating effects of government and private organizations support
granting_institution Universiti Utara Malaysia
granting_department School of Economics, Finance & Banking
publishDate 2017
url https://etd.uum.edu.my/7230/1/s95879_01.pdf
https://etd.uum.edu.my/7230/2/s95879_02.pdf
_version_ 1747828178039078912
spelling my-uum-etd.72302021-05-09T03:19:12Z Relationship between resources and small firm growth in Bangladesh : the moderating effects of government and private organizations support 2017 Hossain, Md. Mosharref Ibrahim, Yusnidah School of Economics, Finance & Banking School of Economics, Finance and Banking HB615-715 Entrepreneurship. Risk and uncertainty. Property Firm growth has received profound attention due to its significant contributions towards the economy. Nonetheless, growth in the context of small firms is suffering from the absence of any unified theory or model. Based on the theory of Resource Based View (RBV), which argues that firms’ resources have direct and indirect effects on firms’ performance and growth, the study examined the relationship between resources such as finance, financial literacy of owner-managers, market orientation strategy, managerial capability, and small firm financial and non-financial growth in the context of Bangladesh. The study also considered the moderating role of government and private organizations support. A quantitative research approach was employed and a structured questionnaire was used as the research instrument. A survey design was adopted and the unit of analysis was small firms operating in Bangladesh and the owner-managers of the small firms were the respondents. The study employed non- probabilistic sampling technique, with a sample size of 407 small firms. The Partial Least Squares to Structural Equation Modelling (PLS-SEM) approach was applied for analysing the data. The findings of the study show that finance, financial literacy and market orientation are the strong predictors of small firm financial and non-financial growth in Bangladesh. Managerial capability is shown to have a positive significant relationship only with non-financial growth. The study also indicates that government support is not useful while private organizations play only a minor role in assisting small firm growth in Bangladesh. The novelty of this study is in pioneering the integration of tangible and intangible resources in a single domain with the moderating effect of government and private organizations support in explaining small firm growth. Based on the empirical evidences, practitioners and policy makers should pay more attention to the financial access, literacy development and marketing success of small firms in Bangladesh. 2017 Thesis https://etd.uum.edu.my/7230/ https://etd.uum.edu.my/7230/1/s95879_01.pdf text eng public https://etd.uum.edu.my/7230/2/s95879_02.pdf text eng public other doctoral Universiti Utara Malaysia Abdin, M. J. (2015a, January 15). Promoting products of small enterprises, The Financial Express, Retrieved from http://print.thefinancialexpress-bd.com/2015/01/ 15/75903 Abdin, M. J. (2015b, March 5). 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