Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)

An Investigation of Unexpected Forms of Capital in Small and Medium Enterprises (SMEs)

Authors
Syahril Masri1, *, Muhammad Idrus Taba1, Wardhani Hakim1
1Master of Management Science, Hasanuddin University, Makassar, Indonesia
*Corresponding author. Email: Syahrilmasri1@gmail.com
Corresponding Author
Syahril Masri
Available Online 30 July 2025.
DOI
10.2991/978-94-6463-758-8_128How to use a DOI?
Keywords
Religious Psychological Capital; Social Capital; Intellectual Capital; Small and Medium Enterprises
Abstract

As the shift of economy towards knowledge and innovation, intellectual capital has become no less important than nowadays because it becomes one of key elements in creating value and sustainable business in facing global market challenges. This research focuses on investigating the interconnections between the various forms of capital, particularly psychological and social capitals toward enterprises’ intellectual capital. To fill the gap, this research proposes a new construct which is known as religious-psychological capital to accommodate the certain issues in the domain of economics relating to ethic, culture, and beliefs. This is an explanatory research approaching by quantitative with survey method. G-Form is used to distribute the questionnaire gathering 104 responses. Structural Equation Model (SEM) is used to create an in-depth analysis. Empirically, the result shows that all hypotheses are supported, and the model is validated. The findings of this research shed the light on SMEs’ actors for not only focusing on physical capital but also improving intellectual capital throughout religious-psychological and social capitals’ interconnection to maintain and create the sustainability of their businesses.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 July 2025
ISBN
978-94-6463-758-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-758-8_128How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Syahril Masri
AU  - Muhammad Idrus Taba
AU  - Wardhani Hakim
PY  - 2025
DA  - 2025/07/30
TI  - An Investigation of Unexpected Forms of Capital in Small and Medium Enterprises (SMEs)
BT  - Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
PB  - Atlantis Press
SP  - 1622
EP  - 1635
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-758-8_128
DO  - 10.2991/978-94-6463-758-8_128
ID  - Masri2025
ER  -