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  • 标题:Financial Literacy Training as a Strategic Management Tool among Small – Medium Sized Businesses Operating in Turkey
  • 本地全文:下载
  • 作者:Ali Bayrakdaroğlu ; Ali Bayrakdaroğlu ; Fırat Botan Şan
  • 期刊名称:Procedia - Social and Behavioral Sciences
  • 印刷版ISSN:1877-0428
  • 出版年度:2014
  • 卷号:150
  • 页码:148-155
  • DOI:10.1016/j.sbspro.2014.09.019
  • 语种:English
  • 出版社:Elsevier
  • 摘要:AbstractThis paper deals with manager's ability to use financial market instruments in small and medium sized businesses operate in Turkey. According to the findings of the study, financial literacy level of the manager increases with financial training, which is a strategic management decision in the conclusion. It is determined that financial literacy levels of the managers who participated in the study are higher compared to the other studies in the literature. Additionally, managers with higher financial literacy levels show greater participation in the financial markets by diminishing information constraints. Another behavioral factor effects the market participation is overconfidence that very low among managers participated in the study. This may be the fact of limited market participation among SMBs managers. Financial training has also relation with confidence levels of the managers.
  • 关键词:Financial literacy;SMBs;Strategic management;Turkey
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