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The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah

The purpose of this study is to examine the impact of government fiscal stimulus packages amounting RM100 billion for SMEs during the first wave of covid-19 to provide greater assistance to SMEs in sustaining business operations and preserving jobs, as well as to support growth in current economic c...

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Main Authors: Mat Salleh Ayub, Mazalan Mifli, Azmi Majid
Format: Article
Language:English
English
Published: Asian Scholars Network 2022
Subjects:
HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
HF5001-6182 Business
Online Access:https://eprints.ums.edu.my/id/eprint/32456/2/The%20impact%20of%20government%20stimulus%20packages%20towards%20business%20survival%20during%20covid-19%20among%20small%20and%20medium%20enterprises%20in%20Sabah.ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/32456/1/The%20Impact%20of%20Government%20Stimulus%20Packages%20Towards%20Business%20Survival%20During%20Covid-19%20Among%20Small%20and%20Medium%20Enterprises%20in%20Sabah.pdf
https://eprints.ums.edu.my/id/eprint/32456/
https://myjms.mohe.gov.my/index.php/ajrbm/article/view/17472
https://doi.org/10.55057/ajrbm.2022.4.1.9
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spelling my.ums.eprints.324562022-04-25T03:36:25Z https://eprints.ums.edu.my/id/eprint/32456/ The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah Mat Salleh Ayub Mazalan Mifli Azmi Majid HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades HF5001-6182 Business The purpose of this study is to examine the impact of government fiscal stimulus packages amounting RM100 billion for SMEs during the first wave of covid-19 to provide greater assistance to SMEs in sustaining business operations and preserving jobs, as well as to support growth in current economic conditions. This paper analyses the business survival during Covid- 19 by examining two determinants, namely government grants and financial assistance. Total number of 150 questionnaires distributed and 120 were returned. The respondents were selected from SMEs directory database and those who have been participated in SME@University program. The data were collected and analysed using Statistical Package for the Social Science (SPSS 26) and SmartPLS to analyse, and hypothesis testing. The study confirms that there are significant and positive impact between government stimulus packages towards business survival among SMEs in Sabah. The findings of this study have useful implication to help strengthen the government business survival approaches to support SMEs in Sabah during the pandemic outbreak. This paper, apart from its contribution to the entrepreneurship research, has useful implications for government in managing Covid-19 stimulus packages to SMEs in Sabah. Asian Scholars Network 2022-02-03 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/32456/2/The%20impact%20of%20government%20stimulus%20packages%20towards%20business%20survival%20during%20covid-19%20among%20small%20and%20medium%20enterprises%20in%20Sabah.ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/32456/1/The%20Impact%20of%20Government%20Stimulus%20Packages%20Towards%20Business%20Survival%20During%20Covid-19%20Among%20Small%20and%20Medium%20Enterprises%20in%20Sabah.pdf Mat Salleh Ayub and Mazalan Mifli and Azmi Majid (2022) The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah. Asian Journal of Research in Business and Management, 4 (1). pp. 98-109. ISSN 2682-8510 https://myjms.mohe.gov.my/index.php/ajrbm/article/view/17472 https://doi.org/10.55057/ajrbm.2022.4.1.9
institution Universiti Malaysia Sabah
building UMS Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sabah
content_source UMS Institutional Repository
url_provider http://eprints.ums.edu.my/
language English
English
topic HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
HF5001-6182 Business
spellingShingle HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
HF5001-6182 Business
Mat Salleh Ayub
Mazalan Mifli
Azmi Majid
The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah
description The purpose of this study is to examine the impact of government fiscal stimulus packages amounting RM100 billion for SMEs during the first wave of covid-19 to provide greater assistance to SMEs in sustaining business operations and preserving jobs, as well as to support growth in current economic conditions. This paper analyses the business survival during Covid- 19 by examining two determinants, namely government grants and financial assistance. Total number of 150 questionnaires distributed and 120 were returned. The respondents were selected from SMEs directory database and those who have been participated in SME@University program. The data were collected and analysed using Statistical Package for the Social Science (SPSS 26) and SmartPLS to analyse, and hypothesis testing. The study confirms that there are significant and positive impact between government stimulus packages towards business survival among SMEs in Sabah. The findings of this study have useful implication to help strengthen the government business survival approaches to support SMEs in Sabah during the pandemic outbreak. This paper, apart from its contribution to the entrepreneurship research, has useful implications for government in managing Covid-19 stimulus packages to SMEs in Sabah.
format Article
author Mat Salleh Ayub
Mazalan Mifli
Azmi Majid
author_facet Mat Salleh Ayub
Mazalan Mifli
Azmi Majid
author_sort Mat Salleh Ayub
title The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah
title_short The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah
title_full The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah
title_fullStr The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah
title_full_unstemmed The impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in Sabah
title_sort impact of government stimulus packages towards business survival during covid-19 among small and medium enterprises in sabah
publisher Asian Scholars Network
publishDate 2022
url https://eprints.ums.edu.my/id/eprint/32456/2/The%20impact%20of%20government%20stimulus%20packages%20towards%20business%20survival%20during%20covid-19%20among%20small%20and%20medium%20enterprises%20in%20Sabah.ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/32456/1/The%20Impact%20of%20Government%20Stimulus%20Packages%20Towards%20Business%20Survival%20During%20Covid-19%20Among%20Small%20and%20Medium%20Enterprises%20in%20Sabah.pdf
https://eprints.ums.edu.my/id/eprint/32456/
https://myjms.mohe.gov.my/index.php/ajrbm/article/view/17472
https://doi.org/10.55057/ajrbm.2022.4.1.9
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score 13.211869

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