Financial self-efficacy in family business environments
Auer Antončič, Jasna (Author), Veselinovič, Draško (Author), Antončič, Boštjan (Author), Grbec, Dalma Lorena (Author), Li, Zhaoyang (Author)

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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:entrepreneurship, leadership, family business, risk, risk management, financial self-efficacy, environment
Work type:Article (dk_c)
Tipology:1.01 - Original Scientific Article
Organization:EF - School of Economics and Business
Number of pages:Str. 207-219
Numbering:Vol. 29, iss. 3
ISSN on article:0218-4958
DOI:10.1142/S021849582150014X This link opens in a new window
COBISS.SI-ID:74885635 This link opens in a new window
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Record is a part of a journal

Title:Journal of enterprising culture
Shortened title:J. enterp. cult.
Publisher:World Scientific, Nanyang Technological University, School of Accountancy and Business
COBISS.SI-ID:1667282 This link opens in a new window

Document is financed by a project

Funder:ARRS - Agencija za raziskovalno dejavnost Republike Slovenije (ARRS)
Funding Programme:Raziskovalni program
Project no.:P5-0117
Name:Trajnostna konkurenčnost slovenskega gospodarstva v evropskem in globalnem okviru

Funder:Drugi - Drug financer ali več financerjev
Funding Programme:American Slovenian Education Foundation (ASEF Scholarship Grant)

Secondary language

Keywords:podjetništvo, vodenje, družinsko podjetje, tveganje, obvladovanje tveganj

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