Self-employment, financial knowledge, and retirement planning

Anoosheh Rostamkalaei, Miwako Nitani and Allan Riding

Journal of Small Business Management, 2022, vol. 60, issue 1, 63-92

Abstract: The level of self-employed individuals’ financial knowledge holds implications with respect to financial stability, economic welfare, and growth of young enterprises. This study found that self-employed individuals did not differ significantly from employed workers in terms of their financial knowledge. Self-employed workers were less likely than employed workers to be engaged in financial practices that improved their long-term financial health. However, there was no difference in the level of confidence in future retirement prospects between self-employed individuals and their employed counterparts. With the ongoing erosion of social protection systems, this research provides a basis for addressing the issue of relatively poor retirement planning among self-employed workers.

Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/00472778.2019.1695497 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ujbmxx:v:60:y:2022:i:1:p:63-92

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ujbm20

DOI: 10.1080/00472778.2019.1695497

Access Statistics for this article

Journal of Small Business Management is currently edited by Eric Liguori

More articles in Journal of Small Business Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().