The effect of family ownership and generation on financial literacy

Artikel

The purpose of this article is to study the effect of family ownership and family generation on financial literacy. To do that, we have analysed a sample of 195 Spanish family businesses, reaching the conclusion that the level of family ownership exerts a negative influence on financial literacy. On the other hand, as family generations advance, financial literacy is favoured. This study benefits professionals and entrepreneurs, since they could, through a series of guidelines, improve financial literacy and, with it, the viability of their respective firms.

Object Details

• Alternative title: La influencia de la propiedad y la generación familiar en la educación financiera de la empresa
• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Small Business International Review (SBIR) ; ISSN: 2531-0046 ; Volume: 4 ; Year: 2020 ; Issue: 1 ; Pages: 1-15 ; Madrid and Cartagena: Spanish Accounting and Business Administration Association (AECA) and Universidad Politécnica de Cartagena (UPCT)

Classification and Topics

• Classification: Management ; Economic Education and Teaching of Economics: Other ; Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill ; Corporate Finance and Governance: Other
• Subject: family business ; financial literacy ; family ownership ; family generation ; empresa familiar ; educación financiera ; propiedad familiar ; generación familiar

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Molina-García, Antonio ; Florido-Ruiz, Belen ; Campos Valenzuela, Marta ; Diéguez-Soto, Julio
• Event: Veröffentlichung
• (who): Spanish Accounting and Business Administration Association (AECA) and Universidad Politécnica de Cartagena (UPCT)
• (where): Madrid and Cartagena
• (when): 2020

Further information

• DOI: doi:10.26784/sbir.v4i1.236
• Handle: http://hdl.handle.net/10419/224309
• Last update: 10.03.2025, 11:42 AM CET