IS A FINANCIAL LITERACY IMPORTANT FOR A REAL BUSINESS? A CASE STUDY

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F20%3AN0000011" target="_blank" >RIV/26867184:_____/20:N0000011 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
IS A FINANCIAL LITERACY IMPORTANT FOR A REAL BUSINESS? A CASE STUDY
Original language description
Financial literacy and reaction to solve business problems coming from the external macroenvironment are closely linked together. Here, we explored the financial literacy in a form of expectations that entrepreneur will behave as was recommended. The paper aims to compare a set of expectations (presented by a mixture of knowledge of financial ratios and processes) and their current behaviour. The results are based on primary research (238 respondents) in the Czech Republic. Those findings are presented in the form of “cross-tab” in the form of a correlation matrix. Moreover, the study confirmed a negative relationship related to self-financing activities and a significant role of the cash-flow statement. Based on these results, implications for further research on this topic, as well as implications for practitioners and educators are mentioned.
Czech name
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Czech description
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Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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