Financial literacy and financial behaviour of micro and small enterprises in the Sunyani Municipality, Ghana
نویسندگان
چکیده
This study sought to examine the relationship between financial literacy and behavior among owners/managers of MSEs in Sunyani Municipality. Primarily, research examined level as well extent which knowledge informs behaviour attitude will aid making a rational decision for their business. In accordance with study’s objective, employed primary data used quantitative approach descriptive survey design randomly sample 230 from five categories From findings, it was revealed that who had high levels exhibited good demonstrated compared those lower knowledge. The positive outcomes being financially literate were driven by such planning expenditure building up safety net. Since is necessary demonstration attitude, recommended strive enable them make decisions. Again, any policy aims at growth development must include education since key attitudes aids Key words: Financial literacy, knowledge, behaviour, micro small-scale enterprise, Ghana.
منابع مشابه
Measuring the Effectiveness of Financial Literacy Programs in Ghana
This paper explores the effectiveness of financial literacy programs. It further seeks to establish the relationship between financial literacy and certain demographic characteristics. This study adopted a correlational research design as the framework to examine the relationship between variables without determining cause and effect. Data were randomly collected from 235 petty traders in Kumas...
متن کاملmeasuring the effectiveness of financial literacy programs in ghana
this paper explores the effectiveness of financial literacy programs. it further seeks to establish the relationship between financial literacy and certain demographic characteristics. this study adopted a correlational research design as the framework to examine the relationship between variables without determining cause and effect. data were randomly collected from 235 petty traders in kumas...
متن کاملEXPLORING THE FINANCIAL GAP FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs) IN GHANA: A CASE STUDY OF GHANA
متن کامل
Financial Literacy, Financial Education and Economic Outcomes.
In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature, and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the extent to which a competitive market provides i...
متن کاملAssessing Mediating Role of Financial Satisfaction in the Relationship Between Financial Literacy and Quality of Life Among Retired Older Adults
Objective: Quality of life in old age is of major importance because the world population is aging rapidly. Financial satisfaction is one of the important components of quality of life. So, the present study was aimed to determine the association between financial literacy and quality of life with mediating role of financial satisfaction among retired older adults residing in Qazvin, Iran. Met...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of African Studies and Development
سال: 2022
ISSN: ['2141-2189']
DOI: https://doi.org/10.5897/jasd2022.0661