Author

  • Putri Aliah Mohd Hidzir

    • Faculty of Business and Management, Universiti Teknologi MARA Cawangan Melaka, Off Jalan Hang Tuah, Melaka, Malaysia
    • Malaysia
  • Shafinar Ismail

    • Faculty of Business and Management, Universiti Teknologi MARA Cawangan Melaka, Off Jalan Hang Tuah, Melaka, Malaysia
    • Malaysia
  • Sharifah Heryati Syed Nor

    • Faculty of Business and Management, Universiti Teknologi MARA Cawangan Selangor, Selangor Darul Ehsan, Malaysia
    • Malaysia
  • Aqilah Nadiah Md Sahiq

    • Faculty of Business and Management, Universiti Teknologi MARA Cawangan Melaka, Off Jalan Hang Tuah, Melaka, Malaysia
    • Malaysia

Abstract

This study aims to assess the reliability and validity of a questionnaire designed to measure the impact of social trust, social networks, and financial innovation on the financial well-being of microentrepreneurs in Malaysia. Employing a descriptive research design and a cross-sectional approach, data were collected from 140 micro-entrepreneurs, with the questionnaire serving as the primary research instrument. The findings reveal strong internal consistency within the factors under investigation, underscoring the robustness of the questionnaire. Additionally, insights into the demographic profile of micro-entrepreneurs offer a valuable understanding of their characteristics and operational dynamics. The implications of this study extend to policymakers, industry stakeholders, and researchers, providing actionable insights to support the sustainability and resilience of micro-entrepreneurs. Overall, this research contributes to advancing knowledge in the areas of social trust, social networks, and financial innovation concerning the financial wellbeing of micro-enterprises. It holds significant implications for fostering economic growth, reducing inequalities, and promoting inclusive development in Malaysia.

Keywords

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How to Cite

Mohd Hidzir, P. A., Ismail, S., Syed Nor, S. H., & Md Sahiq, A. N. (2024). The Impact of Social Trust, Social Network and Financial Innovation on the Financial Well-Being of Micro-Entrepreneurs in Malaysia: A Pilot Study. Information Management and Business Review, 16(1(I), 137-146. https://doi.org/10.22610/imbr.v16i1(I).3671

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Published

2024-03-15

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