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Financial education among Italian SMEs

In: Financial Education and Risk Literacy

Author

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  • Fabrizio Guelpa

Abstract

Knowledge and awareness of financial themes is low among SMEs, as the return on investment in financial knowledge is considered insufficient when compared to investments in alternative knowledge tied to the core business of a company. However, this could change, as industrial risk is on the rise on the product market, calling for a reduction of financial risk, which means that return on investment in financial knowledge is increasing. Similar developments are being prompted by the changes under way on the financial markets as a result of evolving rules and regulations. Awareness of the changing market context must be enhanced, and offering incentives to train could help.

Suggested Citation

  • Fabrizio Guelpa, 2021. "Financial education among Italian SMEs," Chapters, in: Riccardo Viale & Umberto Filotto & Barbara Alemanni & Shabnam Mousavi (ed.), Financial Education and Risk Literacy, chapter 17, pages 272-278, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19356_17
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    Keywords

    Economics and Finance;

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