Entrepreneurs’ legal infractions and hidden information: Evidence from small business bankruptcies

Sundgren, Stefan; Alexeyeva, Irina

doi:10.1016/j.irle.2021.106044

Cited by 2 publications

(1 citation statement)

References 59 publications

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“…When SMEs do not understand their cash flow well, they tend to take on debt recklessly without considering their ability to repay. This often leads to bankruptcy (Nayak et al, 2021;Sundgren & Alexeyeva, 2022). SMEs are often less careful in recording their finances.…”

Section: B the Urgency Of Debt Management Skillsmentioning

confidence: 99%

Qualitative Study on the Effect of External Factors on Financial Literacy and Business Orientation Strategy Capability of SME Entrepreneurs in Indonesia

Mawardi¹,

Djaelani²

2022

ATESTASI

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First, this study focuses on SME entrepreneurs in Indonesia: This study will focus more on SME entrepreneurs in Indonesia, which is a group of entrepreneurs who have different challenges and needs from large-scale entrepreneurs. This allows the research to go deeper in analyzing the problems faced by SME entrepreneurs and provide more specific solutions. Second, the Combination of Financial Literacy and Business Orientation Strategy Ability: This study combines two variables, namely Financial Literacy and Business Orientation Strategy Ability, where the two variables are interrelated and affect business performance. In previous research, these variables were often studied separately. Third, focus on external factors: In addition to paying attention to internal factors such as management and leadership skills, this study also pays attention to external factors such as the role of the government and the support of SME entrepreneur associations in improving the Financial Literacy and Business Orientation Strategy Capability of SME entrepreneurs in Indonesia. Fourth, Qualitative approach: This study uses a qualitative approach that allows researchers to more deeply understand the experiences and perceptions of SME entrepreneurs related to Financial Literacy and Business Orientation Strategy Capability. In addition, by using a qualitative approach, researchers can explore various aspects that have not been revealed in previous studies. By focusing on SME entrepreneurs in Indonesia and combining Financial Literacy and Business Orientation Strategy Capability, as well as considering external factors and using a qualitative approach, this research can make a significant contribution in improving understanding and effective solutions to the problems faced by SME entrepreneurs in Indonesia.

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Section: B the Urgency Of Debt Management Skillsmentioning

confidence: 99%