Financial Management Practices: An In-Depth Study Among The CEOs Of Small And Medium Enterprises (SMEs)
Many of the Small and Medium-scaled Enterprises (SMEs) in Malaysia are still plagued with management problems. These management problems include human resource management, marketing management, operations management, financial management, and strategic management. This paper investigates the financial management components and techniques practiced by the small and medium enterprises in Malaysia. The paper also found that three other financial management components namely, financial analysis, management accounting, and capital budgeting were used by a smaller percentage of the SMEs.