A Study on the Relationship between Financial Literacy and Financing Preferences among Entrepreneurs
Keywords:
Financial literacy, debt behaviour, Financial knowledgeAbstract
Finance is considered to be the life giving element for all business houses. Importance of proper financial management is known by everyone. Author studied about the relationship of financial literacy and the borrowal behaviours of women entrepreneurs and about their choices for financing. Study found that there exists a negative relationship between the finance education earned by a person and his debt behaviour. Author suggests proper financial literacy trainings to update the financial skills of entrepreneurs to make the enterprises good for the society.
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