Determinants influencing the financial performance of women entrepreneurs
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 develop...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Eternal Scientific Publications
2024
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Subjects: | |
Online Access: | http://irep.iium.edu.my/112500/2/112500_Determinants%20influencing%20the%20financial%20performance.pdf http://irep.iium.edu.my/112500/ https://irjems.org/irjems-v3i5p140.html https://irjems.org/irjems-v3i5p140.html |
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Summary: | 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. |
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