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

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

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URL: https://myjms.mohe.gov.my/index.php/ajrbm/article/...

Abstract

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.

Item Type:	Article
Keyword:	Government grants , Financial assistance , Business survival , Covid-19 and Small and Medium Enterprises , SMEs
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28-9999 Industries. Land use. Labor > HD2321-4730.9 Industry > HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades H Social Sciences > HF Commerce > HF1-6182 Commerce > HF5001-6182 Business
Department:	FACULTY > Faculty of Business, Economics and Accounting
Depositing User:	DG MASNIAH AHMAD -
Date Deposited:	25 Apr 2022 11:36
Last Modified:	25 Apr 2022 11:36
URI:	https://eprints.ums.edu.my/id/eprint/32456

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