Economic Affairs
  • Year: 2023
  • Volume: 68
  • Issue: 3

Internal locus of control and resilience during and after economic turbulence of women entrepreneur

  • Author:
  • Nazatul Shima Abdul Rani1,*, K. Sarojani Devi Krishnan2, Khairul Azizan Suda3
  • Total Page Count: 7
  • Published Online: Jan 19, 2024
  • Page Number: 1757 to 1763

1Centre of Women Advancement and Leadership, UniKL Business School, Universiti Kuala Lumpur, Kuala Lumpur, Malaysia

2UniKL Business School, Universiti Kuala Lumpur, Kuala Lumpur, Malaysia

3UniKL MIDI, Universiti Kuala Lumpur, Kuala Lumpur, Malaysia

*Corresponding author: shima.rani@unikl.edu.my (ORCID ID: 0000-0003-3573-1906)

Online Published on 19 January, 2024.

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.

• 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.

Keywords

Women, Entrepreneur, Internal locus of control, Resilient, Economic, Turbulence