Year: 2023 | Month: September | Volume 68 | Issue 3
Internal Locus of Control and Resilience During and After Economic Turbulence of Women Entrepreneur
Nazatul Shima Abdul Rani
K. Sarojani Devi Krishnan
Khairul Azizan Suda
DOI:10.46852/0424-2513.3.2023.44
Abstract:
The aim of this paper is to identify the inner factors of women entrepreneurs during and after the economic turbulence to ensure their business sustainability. Hence, this paper highlighted the inner strength which are resilience (R), and internal locus of control (ILC) of women entrepreneurs during and after economic turbulence. Three hundred and ninety-eight of the 1,000 randomly distributed surveys to Peninsular Malaysian women business owners were returned. The reliability analysis shows that Cronbach’s Alpha
scores for all four inner factors were more than 0.70. Correlation analyses were performed to investigate the relationship of those factors. The findings indicate that there are significant and direct relationships between resilience and internal locus of control during and after economic turbulence.
Highlights
- This study emphasizes the connection between women entrepreneurs’ locus of control and resilience during and after economic turbulence.
- Internal locus of control and resilience during and after economic instability have a favourable and significant connection.
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