IDEAS home Printed from https://ideas.repec.org/a/rnd/arimbr/v16y2024i1p137-146.html
   My bibliography  Save this article

The Impact of Social Trust, Social Network and Financial Innovation on the Financial Well-Being of Micro-Entrepreneurs in Malaysia: A Pilot Study

Author

Listed:
  • Putri Aliah Mohd Hidzir
  • Shafinar Ismail
  • Sharifah Heryati Syed Nor
  • Aqilah Nadiah Md Sahiq

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 micro-entrepreneurs 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 well-being of micro-enterprises. It holds significant implications for fostering economic growth, reducing inequalities, and promoting inclusive development in Malaysia.

Suggested Citation

  • Putri Aliah Mohd Hidzir & Shafinar Ismail & Sharifah Heryati Syed Nor & Aqilah Nadiah Md Sahiq, 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, AMH International, vol. 16(1), pages 137-146.
  • Handle: RePEc:rnd:arimbr:v:16:y:2024:i:1:p:137-146
    DOI: 10.22610/imbr.v16i1(I).3671
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/3671/2402
    Download Restriction: no

    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/3671
    Download Restriction: no

    File URL: https://libkey.io/10.22610/imbr.v16i1(I).3671?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arimbr:v:16:y:2024:i:1:p:137-146. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/imbr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.