Designing a Survey to Explore Omani SMEs' Capital Budgeting Practices and its Determinants

Author : Mahmood Ali Khalfan Al Wahaibi, Syed Sadullah Hussainy, Afshan Younas, Renga Rajan.

Abstract :Questionnaires are an important research tool enabling the systematic collection of relevant data. Accurate questionnaire design is necessary to minimize potential biases and errors. However, researchers often encounter challenges in constructing effective questionnaires, particularly in terms of content, format, and implementation, which can compromise the validity and reliability of findings. This paper outlines a step-by-step approach to designing a questionnaire aiming to investigate capital budgeting practices and their determinants among Omani Small and Medium-Sized Enterprises (SMEs). The discussion will delve into defining information needs, selecting appropriate survey types and question formats, drafting questions, and constructing the questionnaire framework. Furthermore, the paper will explore pre-testing techniques and finalization strategies to ensure the successful execution of the target survey.

Keywords :Questionnaire design, survey methodology, capital budgeting, SMEs, Oman, research validity, data collection, financial decision-making, pre-testing, survey reliability.

Conference Name :International Conference on Finance and Accounting (ICFA-24)

Conference Place Pattaya, Thailand

Conference Date 27th Dec 2024