Financial self-efficacy in family business environments

Jasna Auer (Author), Draško Veselinovič (Author), Boštjan Antončič (Author), Dalma Lorena Grbec (Author), Zhaoyang Li (Author)

Abstract

Entrepreneurial self-efficacy can have positive effects on entrepreneurship, company start-ups, and business growth. The family business environment has not yet been studied in relation to financial-self efficacy, a dimension of entrepreneurial self-efficacy. In order to address this research gap, this paper focuses on financial self-efficacy and how it relates to its antecedent - the family business environment. This study contributes to a better understanding of how financial self-efficacy has developed in the family business environment by building and checking a normative model. A hypothesis about family business environment experience and the financial self-efficacy relationship was developed and empirically tested using survey data from two countries. The findings of this research reveal the family business environment can make a difference in financial self-efficacy in certain economic contexts.

Keywords

podjetništvo;vodenje;družinsko podjetje;tveganje;risk management;entrepreneurship;leadership;family business;risk;obvladovanje tveganj;

Data

Language:	English
Year of publishing:	2021
Typology:	1.01 - Original Scientific Article
Organization:	UL EF - Faculty of Economics
UDC:	658
COBISS:	74885635
ISSN:	0218-4958
Views:	222
Downloads:	12
Average score:	0 (0 votes)
Metadata:

Other data

Secondary language:	Slovenian
Secondary keywords:	podjetništvo;vodenje;družinsko podjetje;tveganje;obvladovanje tveganj;
Type (COBISS):	Article
Embargo end date (OpenAIRE):	2022-10-01
Pages:	str. 207-219
Volume:	ǂVol. ǂ29
Issue:	ǂiss. ǂ3
Chronology:	Sep. 2021
DOI:	10.1142/S021849582150014X
ID:	13381021