RT info:eu-repo/semantics/article
T1 Financial literacy in SMEs: A systematic literature review and a framework for further inquiry
A1 Graña Álvarez, Roberto
A1 Lopez-Valeiras, Ernesto
A1 González-Loureiro, Miguel
A1 Coronado, Freddy
K1 Financial literacy
K1 Small and medium-sized enterprises
K1 Systematic literature review
K1 Finanzas
K1 Finance
K1 Economía
K1 Economics
K1 Gestión de empresas
K1 Industrial management
AB It has been suggested that financial literacy plays a crucial role in the understanding of the overall performance of small and medium-sized enterprises (SMEs). Nonetheless, its impact remains underexplored, and the few existing findings are fragmented. This study conducts a systematic literature review focused on the antecedents and consequences of financial literacy in SMEs. The findings show that some educational, cultural, and specific contextual factors are antecedents of financial literacy; in turn, financial literacy influences the financial attitudes, financial behaviors, organizational capabilities, and performance of SMEs. Further research should analyze the uncovered lines of study suggested in our research agenda to consolidate the conceptualization of financial literacy in the context of SMEs, overcome the limitations of the current methodology, extend the current evidence about the antecedents and consequences of financial literacy in SMEs and analyze these relationships from behavioral economics and decision-making perspectives.
PB Taylor & Francis Group
SN 0047-2778
YR 2022
FD 2022-04-20
LK http://hdl.handle.net/10259/9511
UL http://hdl.handle.net/10259/9511
LA eng
NO This work was supported by the Fundación de las Cajas de Ahorros (EF001-2018; EF003-2021); Fundação para a Ciência e Tecnologia (UIDB/04728/2020-FCT); Spanish Ministry of Science and Innovation (PID2019-106677GB-I00).
DS Repositorio Institucional de la Universidad de Burgos
RD 07-ene-2025