Impact of Societal Factors on Business Performance of the SMEs Owned by Female Entrepreneurs in Pakistan

Adnan ul Haque (), Harmandeep Kaur and Mariusz Urbański
Additional contact information
Adnan ul Haque: Yorkville University
Harmandeep Kaur: Yorkville University
Mariusz Urbański: Czestochowa University of Technology

A chapter in New Challenges of the Global Economy for Business Management, 2025, pp 421-433 from Springer

Abstract: Abstract This research aims to examine the impact of societal (cultural, social, and economic) factors on the business performance of the SMEs run by female entrepreneurs while considering leadership style as a moderator. A total of 106 valid responses were attained through a semi-structured matrix-based questionnaire. We employed purposive, convenience, and networking and connection sampling techniques. PLS-SEM was used for quantitative analysis. Findings revealed that societal (cultural, social, and economic) factors significant negatively affect the female-owned enterprises’ business performance. However, social constraints have stronger impact, followed by cultural constraints and economic factors. Moreover, the leadership style statistically significant positively moderates the relationship between societal factors and business performance of SMEs run by female entrepreneurs. In other words, leadership style plays strong role in reducing the negative impact of societal factors on the business performance. Funnel approach revealed that cultural norms sighting female’s role higher in domestic affairs, limited family support, financial assistance from government, and limited mobility and networking opportunities also play vital role in creating negative impact on the business performance. The novelty of this study is a use of leadership role as moderator in a relationship between societal factors and business performance. Thus, this study contributes new knowledge to the existing literature review.

Keywords: Societal factors; Female entrepreneurs; Business performance; Leadership style (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-981-96-4116-1_25

Ordering information: This item can be ordered from
http://www.springer.com/9789819641161

DOI: 10.1007/978-981-96-4116-1_25

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().