The system of relationships between sustainable corporate governance and corporate financial literacy

• Autorzy: Tóth Róbert , Zéman Zoltán , Túróczi Imre , Kása Richard , Popp József , Oláh Judit

Identyfikatory

DOI

10.17512/pjms.2021.23.1.26

Warianty tytułu

PL

System relacji między zrównoważonym ładem korporacyjnym a literacją finansową przedsiębiorstwa

• Języki publikacji: EN

Abstrakty

EN

The main objective of this research project is to create new model in the field of corporate financial literacy, with a special emphasis on the Hungarian SME sector. In our study we explore the interpretations and dimensions of corporate finance. Beyond the theoretical analysis, the study aims to justify the level and direction of the relationship between corporate financial literacy and corporate financial results, the efficiency of operations, the outcome of corporate financial decisions. It has been taken a 511-element representative sample from the Hungarian SME sector and built a linear regression model to find a significant moderation effect of financial literacy between financial performance and results. The method used in this study is a literature review analysis of manuscripts discussing topics related to financial literacy, corporate sustainability, published in the last 10 years. Our results show that there are positive and significant relationships between company management and corporate financial literacy. It has been also established in our analysis that the level of corporate financial literacy influences financial results and the effectiveness of operations in companies. This paper draws the attention of business leaders to the importance of financial awareness to help stakeholders and companies to provide better solutions to the existing environmental and economic challenges. The study offers useful policy input for corporate and economic policy decision-makers, which could also help improve the competitiveness of national economies.

PL

Głównym celem tego projektu badawczego jest stworzenie nowego modelu w zakresie umiejętności finansowych przedsiębiorstw, ze szczególnym uwzględnieniem węgierskiego sektora MŚP. W naszym opracowaniu badamy interpretacje i wymiary finansów przedsiębiorstw. Poza analizą teoretyczną, badanie ma na celu uzasadnienie poziomu i kierunku związku między wiedzą finansową przedsiębiorstw a wynikami finansowymi przedsiębiorstw, wydajnością działań i wynikami decyzji finansowych przedsiębiorstw. Na podstawie 511-elementowej reprezentatywnej próby z węgierskiego sektora MŚP zbudowano model regresji liniowej, aby znaleźć znaczący efekt moderacji znajomości finansów między wynikami finansowymi a wynikami. Metodą zastosowaną w tym badaniu jest analiza przeglądu literatury manuskryptów omawiających tematy związane z wiedzą finansową, zrównoważonym rozwojem korporacji, opublikowanych w ciągu ostatnich 10 lat. Nasze wyniki pokazują, że istnieją pozytywne i znaczące relacje między kierownictwem firmy a wiedzą w zakresie finansów firmy. W naszej analizie ustaliliśmy również, że poziom znajomości finansów przedsiębiorstw wpływa na wyniki finansowe i efektywność działań w przedsiębiorstwach. Ten artykuł zwraca uwagę liderów biznesu na znaczenie świadomości finansowej, która pomaga interesariuszom i firmom w dostarczaniu lepszych rozwiązań dla istniejących wyzwań środowiskowych i ekonomicznych. Badanie dostarcza przydatnych danych politycznych dla decydentów w zakresie polityki korporacyjnej i gospodarczej, co może również pomóc w poprawie konkurencyjności gospodarek krajowych.

Słowa kluczowe

EN

corporate financial literacy; financial decisions; financial effectiveness; economic sustainability; financial sustainability

PL

umiejętności finansowe przedsiębiorstw; decyzje finansowe; efektywność finansowa; stabilność gospodarcza; stabilność finansowa

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2021
• Tom: Vol. 23, No. 1
• Strony: 418--435
• Opis fizyczny: Bibliogr. 44 poz., rys., tab.

Twórcy

autor

Tóth Róbert

• Károli Gáspár University of the Reformed Church in Hungary

autor

Zéman Zoltán

• Hungarian University of Agriculture and Life Sciences, Gödöllő, Hungary

autor

Túróczi Imre

• Faculty of Economics and Business, University of Debrecen, Hungary

autor

Kása Richard

• Department of Management, Faculty of Finance and Accountancy, Budapest Business School, University of Applied Sciences, Hungary

autor

Popp József

• Hungarian Academy of Sciences, Hungarian University of Agriculture and Life Sciences, Gödöllő, Hungary
• College of Business and Economics, University of Johannesburg, South Africa

autor

Oláh Judit

• Institute of Applied Informatics and Logistics, Faculty of Economics and Business, University of Debrecen, Hungary
• College of Business and Economics, University of Johannesburg, South Africa

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Uwagi

Opracowanie rekordu ze środków MNiSW, umowa Nr 461252 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2021).