IDEAS home Printed from https://ideas.repec.org/a/rsf/ijebce/v4y2024i2p186-199.html

Breaking Barriers: A Comprehensive Study on Financial Literacy Impacting Women Entrepreneurs' Financial Behavior

Author

Listed:
  • Angelica Y Dangcil

    (Northwestern University)

  • Mary Alexia A Ruiz

    (Northwestern University)

  • Mary Rose R Mateo

    (Northwestern University)

  • Jessica A Alejo

    (Northwestern University)

Abstract

Several studies have shown that financial literacy is crucial in the business world. Those who are more financially literate tend to manage debt and investment better. Hence, financial literacy is paramount for entrepreneurs, particularly women entrepreneurs, to assist them in their daily transactions. The study explores the link between financial literacy and financial behaviour among women entrepreneurs in Ilocos Norte, Philippines. The study employed a quantitative research design and analyzed survey data collected from 377 women entrepreneurs using structural equation modelling to explore the relationship between financial literacy and financial behaviour. The data collected revealed that women entrepreneurs have sufficient financial literacy. Furthermore, the findings showed that financial behaviour is positively influenced by financial literacy, as demonstrated by linear regression analysis.

Suggested Citation

Handle: RePEc:rsf:ijebce:v:4:y:2024:i:2:p:186-199
DOI: 10.31098/ijebce.v4i2.2036
as

Download full text from publisher

File URL: https://journals.researchsynergypress.com/index.php/ijebce/article/download/2036/1402
File Function: Full text
Download Restriction: no
File URL: https://libkey.io/10.31098/ijebce.v4i2.2036?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;
;
;
;
;

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rsf:ijebce:v:4:y:2024:i:2:p:186-199. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Santi Rahmawati (email available below). General contact details of provider: https://journals.researchsynergypress.com/index.php/ijebce .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.