An assessment of financial literacy among sme owners/managers in the osu klottey municipal area
| dc.contributor.author | Yeboah Evans | |
| dc.date.accessioned | 2024-05-29T13:49:09Z | |
| dc.date.available | 2024-05-29T13:49:09Z | |
| dc.date.issued | 2021 | |
| dc.description | A thesis submitted to the department of accounting and finance College of humanities and social sciences In partial fulfilment of the requirements for the degree of Master of science (accounting and finance) | |
| dc.description.abstract | This study explored the level of financial literacy among SME Owners/Managers in the Osu Klottey municipal area by investigating five key financial literacy indicators namely, book-keeping, budgeting, savings and borrowing, investment, and debt. With the adoption of the quantitative approach and a survey design, a sample of 188 respondents were selected using the simple random sampling technique. Data were obtained from primary data source using the structure research questionnaire, after which the data were analyzed by means of descriptive analytical technique. The study established that SME owners/managers possess low literacy in all the financial literacy indicators employed for the study except savings and borrowing which they possess medium literacy. In recognition of these outcomes, recommendation is made that SME managers strive to enhance their financial literacy to be able to optimize their financial decision to enhance the growth and sustainability of their businesses. In addition, recommendation is made for policy makers and relevant stakeholders put in place mechanisms to enhance the financial literacy of SSME owners to improve SME growth since they contribute significant to the country’s GDP. | |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/15728 | |
| dc.language.iso | en | |
| dc.publisher | knust | |
| dc.title | An assessment of financial literacy among sme owners/managers in the osu klottey municipal area | |
| dc.type | Thesis |