The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria
Financial literacy of entrepreneur has been acknowledged as an important aspect that contribute to the success of any business. Many studies have proven that entrepreneurs who possessed high level of financial literacy contribute to success of their business in term of financial and non-financial su...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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African British Journals
2018
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| Subjects: | |
| Online Access: | http://eprints.uthm.edu.my/5862/ http://eprints.uthm.edu.my/5862/1/AJ%202018%20%28620%29.pdf |
| _version_ | 1848888654562328576 |
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| author | M. Usama, Khadija Wan Yusoff, Wan Fauziah |
| author_facet | M. Usama, Khadija Wan Yusoff, Wan Fauziah |
| author_sort | M. Usama, Khadija |
| building | UTHM Institutional Repository |
| collection | Online Access |
| description | Financial literacy of entrepreneur has been acknowledged as an important aspect that contribute to the success of any business. Many studies have proven that entrepreneurs who possessed high level of financial literacy contribute to success of their business in term of financial and non-financial success. Despite the important of this aspect there is limited study that explore this issue in Nigeria. Therefore, this study explores the relationship between financial literacy and business performance of entrepreneurs in Bauchi State Nigeria. A survey questionnaire was sent to a random sample 500 entrepreneurs which resulted in 386 useable returned questionnaires. The result revealed a statistically significant relationship between the different dimension of financial literacy and entrepreneurial business performance. Thus, the findings prove that financial literacy plays significant role in improving business performance. Therefore, the entrepreneurs need to improve their financial literacy skill in order to enhance their business performance. |
| first_indexed | 2025-11-15T20:13:43Z |
| format | Article |
| id | uthm-5862 |
| institution | Universiti Tun Hussein Onn Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T20:13:43Z |
| publishDate | 2018 |
| publisher | African British Journals |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uthm-58622022-01-24T04:32:03Z http://eprints.uthm.edu.my/5862/ The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria M. Usama, Khadija Wan Yusoff, Wan Fauziah HG Finance T Technology (General) Financial literacy of entrepreneur has been acknowledged as an important aspect that contribute to the success of any business. Many studies have proven that entrepreneurs who possessed high level of financial literacy contribute to success of their business in term of financial and non-financial success. Despite the important of this aspect there is limited study that explore this issue in Nigeria. Therefore, this study explores the relationship between financial literacy and business performance of entrepreneurs in Bauchi State Nigeria. A survey questionnaire was sent to a random sample 500 entrepreneurs which resulted in 386 useable returned questionnaires. The result revealed a statistically significant relationship between the different dimension of financial literacy and entrepreneurial business performance. Thus, the findings prove that financial literacy plays significant role in improving business performance. Therefore, the entrepreneurs need to improve their financial literacy skill in order to enhance their business performance. African British Journals 2018 Article PeerReviewed text en http://eprints.uthm.edu.my/5862/1/AJ%202018%20%28620%29.pdf M. Usama, Khadija and Wan Yusoff, Wan Fauziah (2018) The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria. International Journal of Entrepreneurship and Business Innovation, 1 (1). pp. 15-26. ISSN 2752-466X |
| spellingShingle | HG Finance T Technology (General) M. Usama, Khadija Wan Yusoff, Wan Fauziah The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria |
| title | The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria |
| title_full | The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria |
| title_fullStr | The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria |
| title_full_unstemmed | The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria |
| title_short | The relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of Bauchi State Nigeria |
| title_sort | relationship between entrepreneurs’ financial literacy and business performance among entrepreneurs of bauchi state nigeria |
| topic | HG Finance T Technology (General) |
| url | http://eprints.uthm.edu.my/5862/ http://eprints.uthm.edu.my/5862/1/AJ%202018%20%28620%29.pdf |