Journal Screenshot

International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Conceptual Analysis on Performance Measurement Used in SMEs Research: The Effectiveness of Firm’s Overall Performance

Norfadzilah Rashid, Wan Nur Syahida Wan Ismail, Mohd Shaari Abd Rahman, Asyraf Afthanorhan

http://dx.doi.org/10.6007/IJARBSS/v8-i11/5199

Open access

The purpose of this paper is to review the literatures related to small-and-medium enterprises (SMEs) and analyze the measurement used for firm performance. The finding from the analysis showed most researchers categorized performance into two broad categories, financial and non-financial measures. However, arguments have been upsurge among researchers as both measures has certain limitations. To exit the dispute, some researchers proposed the effectiveness of using firm’s overall performance. However, whatever type of measurement choose, it should depends on the objective of the research and the nature of the industry. Therefore, the analysis in this paper is hoped to give insights for researchers in determining the performance measures that most appropriate to be used in their research.

AbRahman, N. A., Omar, N., Rashid, N. M. N. N. M., & Ramli, A. (2016). Improving Employees Accountability and Firm Performance through Management Accounting Practices. Procedia Economics and Finance, 35(16), 92–98. https://doi.org/10.1016/S2212-5671(16)00013-7
Afthanorhan, A., Awang, Z., Rashid, N., Foziah, H., & Ghazali, P. L. (2019). Assessing the effects of service quality on customer satisfaction. Management Science Letters, 9(1), 13–24. https://doi.org/10.5267/j.msl.2018.11.004
Afthanorhan, A., Awang, Z., Salleh, F., Ghazali, P. L., & Rashid, N. (2018). The effect of product quality, medical price and staff skills on patient loyalty via cultural impact in medical tourism. Management Science Letters, 8, 1421–1424. https://doi.org/10.5267/j.msl.2018.10.004
Al-khazaleh, A. M. H., Wadi, S. Al, & Ababneh, F. (2015). Wavelet Transform Asymmetric Winsorized Mean In Detecting Outlier Values. Far East Journal of Mathematical Sciences, 96(3), 339–351.
Amirah, N. A., Amin, A., Muda, S., Talaat, W. I. W., & Rashid, N. M. N. N. M. (2017). Relationship Between Behavioral Aspects and Safety Culture in the Peninsular Malaysia Manufacturing Industry. World Applied Sciences Journal, 35(9), 1880–1884. https://doi.org/10.5829/idosi.wasj.2017.1880.1884
Chi, Y.-H., & Ziebart, D. A. (2017). Audit quality and attributes of management earnings forecasts. Review of Accounting and Finance, 16(4), 406–423. https://doi.org/10.1108/RAF-01-2015-0003
Dimovski, B., Ratcliffe, C., & Keneley, M. (2017). Another piece of the puzzle: REIT IPO underpricing after the financial crisis. Journal of Property Investment & Finance, 35(3), 264–276. https://doi.org/10.1108/JPIF-07-2016-0060
Geng, R., Bose, I., & Chen, X. (2015). Prediction of financial distress: An empirical study of listed Chinese companies using data mining. European Journal of Operational Research, 241(1), 236–247. https://doi.org/10.1016/j.ejor.2014.08.016
Ghadas, A., Ismail, W., Aziz, A., & Rahman, A. (2015). SOCIAL SCIENCES & HUMANITIES LAFAMS?: Account Management System for Malaysian Small Legal Firms. Pertanika J. Soc. Sci. & Hum, 23, 239–250.
Hamid, N. A., Aisyah, H., Taib, M., Noor, R., Yaacob, Z., Shamsuddin, R., … Afthanorhan, A. (2018). The Effect of Tax Reforms on Tax Agents ’ Job Burnout in Malaysia The Effect of Tax Reforms on Tax Agents ’ Job Burnout in Malaysia. International Journal of Academic Research in Business and Social Sciences, 8(12), 547–560. https://doi.org/10.6007/IJARBSS/v8-i12/5054
Huseynov, F., Sardarli, S., & Zhang, W. (2017). Does index addition affect corporate tax avoidance? Journal of Corporate Finance, 43(1), 241–259. https://doi.org/10.1016/j.jcorpfin.2017.01.008
Ismail, M., Zainol, F. A., Norhayate, W., Daud, W., Rashid, N., & Afthanorhan, A. (2018). Application of Entrepreneurial Marketing to the Marketing Mix?: Why it Matters to SMEs in Malaysia?? Application of Entrepreneurial Marketing to the Marketing Mix?: Why it Matters to SMEs in Malaysia?? International Journal of Academic Research in Business and Social Sciences, 8(12), 850–865. https://doi.org/10.6007/IJARBSS/v8-i12/5079
Ismail, W. S. W., Ali, A., & Rashid, N. M. N. N. M. (2017). Does Adoption of CAIS differentiate the SMEs Performance: Evidence in Malaysia. World Applied Sciences Journal, 35(9), 1981–1985. https://doi.org/10.5829/idosi.wasj.2017.1981.1985
Jiang, H., Habib, A., & Zhou, D. (2015). Accounting restatements and audit quality in China. Advances in Accounting, 31(1), 125–135. https://doi.org/10.1016/j.adiac.2015.03.014
Johari, R. J., Rashid, N., & Yazid, A. S. (2018). An Empirical Examination of Undergraduate Accounting Students ’ Ethical Judgment?: Malaysia Evidence An Empirical Examination of Undergraduate Accounting Students ’ Ethical Judgment?: Malaysia Evidence. International Journal of Academic Research in Business and Social Sciences, 8(12), 669–681. https://doi.org/10.6007/IJARBSS/v8-i12/5064
Johari, R. J., Tarmizi, M., Mohd, H., & Rashid, N. (2018). A Revisited Note

In-Text Citation: (Rashid, Ismail, Rahman, & Afthanorhan, 2018)
To Cite this Article: Rashid, N., Ismail, W. N. S. W., Rahman, M. S. A., & Afthanorhan, A. (2018). Conceptual Analysis on Performance Measurement Used in SMEs Research: The Effectiveness of Firm’s Overall Performance. International Journal of Academic Research in Business and Social Sciences, 8(11), 1401–1412.