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- W2037994220 abstract "Purpose: In this paper business and family related decisions about business growth among Malay small familybusiness (MSFBs) in Selangor, Malaysia are explored. Focussing on business and family dynamics strategies fordeveloping the MSFB sector, extant literature on issues associated with decision-making about business growthindicated and empirical evidence from MSFB owners presented.Design/methodology/approach: Using a qualitative approach, a case study design was used to interview ownersand family members of ten different Malay small family businesses. Analysis was undertaken using Aronson’spragmatic, thematic analysis.Findings: In the Malay culture, family members participate in family discussions as a precursor to finaldecisions being made by the father or family elders; a decision-making style well known as pseudo-participative.Results suggest that business and family related decisions about business growth consist of four component areas;finance, technology, employment and support. Business (finance and technology) and family (employment andsupport) issues need to be considered and appraised by owners of MSFBs as antecedents of growth; i.e., if thebusiness is to move from the a position of survival to one of growth.Practical implications: Business (finance and technology) and family (employment and support) decisions mustbe taken for decision-makers to optimise achievement of their growth intentions. Similarly, implications forgovernment related policies and business associations as support services should give special attention to assistdevelop growth processes of MSFBs.Originality/ value: The findings in the paper add knowledge to the disciplines of decision-making, small familybusinesses and the task of growing a business." @default.
- W2037994220 created "2016-06-24" @default.
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- W2037994220 date "2011-09-29" @default.
- W2037994220 modified "2023-10-17" @default.
- W2037994220 title "Decision-making Related to Business Growth: Malay Small Businesses in Selangor" @default.
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- W2037994220 doi "https://doi.org/10.5539/ijbm.v6n10p284" @default.
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