DOAJ Open Access 2020

The effect of family ownership and generation on financial literacy

Antonio Molina-García Belen Florido-Ruiz Marta Campos Valenzuela Julio Diéguez-Soto

Abstrak

The purpose of this article is to study the effect of family ownership and family generation on financial literacy. To do that, we have analysed a sample of 195 Spanish family businesses, reaching the conclusion that the level of family ownership exerts a negative influence on financial literacy. On the other hand, as family generations advance, financial literacy is favoured. This study benefits professionals and entrepreneurs, since they could, through a series of guidelines, improve financial literacy and, with it, the viability of their respective firms

Topik & Kata Kunci

Small and medium-sized businesses, artisans, handicrafts, trades Business

Penulis (4)

Antonio Molina-García

Belen Florido-Ruiz

Marta Campos Valenzuela

Julio Diéguez-Soto

Format Sitasi

APA MLA BibTeX

Molina-García, A., Florido-Ruiz, B., Valenzuela, M.C., Diéguez-Soto, J. (2020). The effect of family ownership and generation on financial literacy. https://doi.org/10.26784/sbir.v4i1.236

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Informasi Jurnal

Tahun Terbit: 2020
Sumber Database: DOAJ
DOI: 10.26784/sbir.v4i1.236
Akses: Open Access ✓