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2021 | OriginalPaper | Chapter

Self-efficacy on Social Capital and Financial Empowerment Towards Socioeconomic Wellbeing Development Among Women Participants in Malaysia

Authors : Nur Ain Ayunni Sabri, Noor Raihani Zainol, Nurul Izyan Mat Daud, Yusrinadini Zahirah Md Isa@Yusuff, Sathiswaran Uthamaputhran, Mohd Ikhwan Aziz

Published in: The Importance of New Technologies and Entrepreneurship in Business Development: In The Context of Economic Diversity in Developing Countries

Publisher: Springer International Publishing

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Abstract

Social capital and financial empowerment create opportunities for women in social enterprises project that lead to socioeconomic wellbeing with perceived women’s efficacy (self-efficacy). With the strength of social capital that women entrepreneurs have, it is become easier for them to get financial accessibility. Whereas a strong efficacy enhances women’s accomplishment that contributes to the socioeconomic wellbeing. This study has employed a cross-sectional design and data from 157 women entrepreneurs in Peninsular Malaysia. This study indicated that social capital, financial capabilities and self-efficacy enhancement contributed to women empowerment to develop their socioeconomic wellbeing in social enterprise projects in Peninsular Malaysia. Given those important investments in social capital and financial empowerment, the government and private agencies should therefore focus on social enterprise development projects which are related to sustainable development goals.

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previous chapter A Comprehensive Methodology for Assessing the Effects of Management and Marketing on the Value of the Enterprise Based on the Development of Intellectual Capital
next chapter An Empirical Analysis on Customer Satisfaction in Takaful Products
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Metadata
Title
Self-efficacy on Social Capital and Financial Empowerment Towards Socioeconomic Wellbeing Development Among Women Participants in Malaysia
Authors
Nur Ain Ayunni Sabri
Noor Raihani Zainol
Nurul Izyan Mat Daud
Yusrinadini Zahirah Md Isa@Yusuff
Sathiswaran Uthamaputhran
Mohd Ikhwan Aziz
Copyright Year
2021
Book
The Importance of New Technologies and Entrepreneurship in Business Development: In The Context of Economic Diversity in Developing Countries

Print ISBN: 978-3-030-69220-9

Electronic ISBN: 978-3-030-69221-6

Copyright Year: 2021

DOI
https://doi.org/10.1007/978-3-030-69221-6_35

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