Mediating Role of Financial Literacy in Relationship between Financial Stress & Financial Resilience among MSME in Bangalore
- Title
- Mediating Role of Financial Literacy in Relationship between Financial Stress & Financial Resilience among MSME in Bangalore
- Creator
- Ravikumar T.; Kannan N.; Rajesh R.; Sriram M.
- Description
- The outbreak of COVID-19 virus brought down the economies of various countries and the livelihoods of the public. World economy witnessed a lower amount of the economic growth. Indian economy also fared poor during the pandemic. The pandemic generated unemployment, job loss, pay cut, and closure of many business organizations in India. Unemployment and low income caused psychological stress and financial stress among the public and among the businessmen especially micro, and small entrepreneurs (MSES). The Indian economy is bouncing back to normalcy. MSES exhibit stronger resilience during the hard time. The study is interested to measure and analyse the determinants that promote financial resilience among the MSES in India. Based on existing literature, financial literacy is chosen to study the nexus between financial stress and financial resilience of the entrepreneurs. 2023, Indian Institute of Finance. All rights reserved.
- Source
- Finance India, Vol-37, No. 2, pp. 595-612.
- Date
- 2023-01-01
- Publisher
- Indian Institute of Finance
- Subject
- Entrepreneurs; Financial literacy; Financial resilience; Financial stress; India
- Coverage
- Ravikumar T., CHRIST (Deemed Univ.), School of Business and Management, Dharmaran College Post, Hosur Road, Karnataka, Bangalore, 560029, India; Kannan N., Sathyabama Institute of Science and Technology (Deemed Univ.), School of Management Studies, Kamaraj Nagar, Semmanchari, Tamil Nadu, Chennai, 600119, India; Rajesh R., CHRIST (Deemed Univ.), School of Business and Management, Dharmaran College Post, Hosur Road, Karnataka, Bangalore, 560029, India; Sriram M., CHRIST (Deemed Univ.), School of Business and Management, Dharmaran College Post, Hosur Road, Karnataka, Bangalore, 560029, India
- Rights
- Restricted Access
- Relation
- ISSN: 9703772
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Ravikumar T.; Kannan N.; Rajesh R.; Sriram M., “Mediating Role of Financial Literacy in Relationship between Financial Stress & Financial Resilience among MSME in Bangalore,” CHRIST (Deemed To Be University) Institutional Repository, accessed March 1, 2025, https://archives.christuniversity.in/items/show/14243.