D 2020

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

DUHÁČEK ŠEBESTOVÁ, Jarmila, Pavla POKORNÁ a Petra KREJČÍ

Základní údaje

Originální název

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

Vydání

Olomouc, International Days of Science 2020 – Economics, Management, Innovation Proceedings of the International Scientific Conference, od s. 69-78, 10 s. 2020

Nakladatel

Moravian Business College Olomouc

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50204 Business and management

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

elektronická verze "online"

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

ISBN

978-80-7455-084-3

Klíčová slova anglicky

Financial literacy;knowledge; competitive advantage; SME

Příznaky

Mezinárodní význam, Recenzováno
Změněno: 12. 4. 2023 09:41, Miroslava Snopková

Anotace

V originále

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.