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Impact of Family’s Socio-Economic Context on Financial Literacy of Young Entrepreneurs

Wirawan Endro Dwi Radianto, Tommy Christian Efrata and Liliana Dewi
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Wirawan Endro Dwi Radianto: Universitas Ciputra Surabaya, Indonesia
Tommy Christian Efrata: Universitas Ciputra Surabaya, Indonesia
Liliana Dewi: Universitas Ciputra Surabaya, Indonesia

Expert Journal of Business and Management, 2019, vol. 7, issue 2, 230-235

Abstract: This study aims to analyze parents’ socio-economic relationships which include parental education, parental occupation, and parental income towards financial literacy. This study uses a sample of young entrepreneurs, students who are active in college and they also run a business. The results showed that the level of financial literacy of young entrepreneurs was at a moderate level. Furthermore, parental education and income have a relationship with financial literacy, whereas parental work does not influence financial literacy.

JEL-codes: D14 M49 (search for similar items in EconPapers)
Date: 2019
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