REAL

Examining Competences Affecting Financial Success Among Micro-Enterprises in the Southern Great Plain : Results of a Pilot Study

Kuruczleki, Éva and Kazár, Klára (2024) Examining Competences Affecting Financial Success Among Micro-Enterprises in the Southern Great Plain : Results of a Pilot Study. ECONOMY AND FINANCE : ENGLISH-LANGUAGE EDITION OF GAZDASÁG ÉS PÉNZÜGY, 11 (1). pp. 107-128. ISSN 2415-9379 (print); 2677-1322 (online)

[img]
Preview
Text
107-128EKuruczlekiKazar.pdf

Download (1MB) | Preview

Abstract

In micro-enterprises, financial decision-making is typically concentrated in the hands of one person, therefore the competences of the leading financial decision-maker significantly determine the financial success of the enterprise. In our pilot study, we examined the impact of three competences (financial literacy, digital and entrepreneurial competences), on financial success among micro-enterprises in the Southern Great Plain region, in a 92-item sample, using PLS path analysis. The results showed that the most important factors in financial decision-making are the behaviour and acquired practices of the decision-makers, and we proved that the combination of the three competences has a positive effect on the financial success of enterprises.

Item Type: Article
Uncontrolled Keywords: financial literacy, competence, financial success, PLS path analysis
Subjects: H Social Sciences / társadalomtudományok > HD Industries. Land use. Labor / ipar, földhasználat, munkaügy > HD1 Industries / ipar > HD14 Management. Industrial Management / ügyvitel, igazgatás
H Social Sciences / társadalomtudományok > HG Finance / pénzügy
SWORD Depositor: MTMT SWORD
Depositing User: MTMT SWORD
Date Deposited: 29 Feb 2024 10:36
Last Modified: 29 Feb 2024 10:36
URI: https://real.mtak.hu/id/eprint/189345

Actions (login required)

Edit Item Edit Item