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Determinants influencing the financial performance of women entrepreneurs

Pashtoon, Rahmatullah and Mohamad, Noorihsan and Hamid, Zarinah (2024) Determinants influencing the financial performance of women entrepreneurs. International Research Journal of Economics and Management Studies, 3 (5). pp. 333-348. ISSN 2583 – 5238

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Abstract

With its practical implications, this study aims to examine the impact of the determinants influencing female entrepreneurs' financial performance. It scrutinizes seven independent variables: financial support, access to networks, self-independency, self-efficacy, training and personnel development, family-related concerns, and support programmes from the government and INGOs. The financial success is gauged through four dependent variables: profitability, return on investment, annual sales, and inventory turnover. The data, collected from 308 Afghan women entrepreneurs through structured questionnaires, was analyzed using statistical tools to reveal significant associations, employing multiple regression analysis (MRA) in IBM Statistics V.27. The findings highlight the substantial influence of financial assistance, networking opportunities, self-independency, training and professional growth, family-related issues, and support initiatives on the financial performance indicators of women-run businesses. This underscores the importance of targeted assistance and programs to enhance the financial performance of female entrepreneurs. The study suggests that policy-makers and practitioners should prioritize these essential factors to foster entrepreneurial success. However, the study also underscores the necessity for further investigation to explore additional factors and long-term impacts, which will provide a more comprehensive conclusion. This further investigation is crucial to gain a thorough understanding of the factors that influence the financial performance of women entrepreneurs.

Item Type: Article (Journal)
Uncontrolled Keywords: Afghan women, determinants, financial performance, multiple regression, women entrepreneurship.
Subjects: H Social Sciences > HB Economic Theory > HB522 Income. Factor shares.Interest.Profit.Entrepreneurship
H Social Sciences > HF Commerce > HF5475.I74 Halal business, entrepreneur, marketing, management, and administration
H Social Sciences > HG Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences
Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User: Dr. Zarinah Hamid
Date Deposited: 06 Jun 2024 09:22
Last Modified: 12 Jun 2024 14:45
URI: http://irep.iium.edu.my/id/eprint/112500

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