Satisfaction of goals attainment and intention to restructure among Malaysian SME entrepreneurs

Entrepreneurs’ future directions such as intention to restructure may serve as an
important indicator in ensuring sustainability and growth of entrepreneurial businesses. Based on the
theoretical foundation of Entrepreneur’s Goals Attainment Theory, this research empirically
investigates the influence of personal goals attainment on entrepreneurs’ intentions to restructure.
Self-administered questionnaires were used to collect data from 285 conveniently selected
Malaysian SME entrepreneurs. The Hierarchical Multiple Regression Analyses of data show that
entrepreneurs’ attainment of intrinsic rewards, economic gains, goals, and level of education are
significant and positively related to their intention to restructure. In contrast, it is found that the
attainment of perceived autonomy goals and family goals do not have a relationship with the
entrepreneurs’ intentions to restructure their businesses. The concluding part of this paper presents
the study’s implications along with limitations and several future recommendations.