Analysis of Financial Decision-Making in Small Enterprises: Gaps Between Financial Mathematics Theory and Business Practice
PDF
HTML

Keywords

financial mathematics
entrepreneurs
financial education
financial theories

How to Cite

Rivero Fernandez, R. R., Velazco Gonzales, A. R., & Berrios Fernandez, E. P. (2025). Analysis of Financial Decision-Making in Small Enterprises: Gaps Between Financial Mathematics Theory and Business Practice. Minerva, 6(sp), 28-32. https://doi.org/10.47460/minerva.v6isp.204

Abstract

This study examined the gap between financial mathematics theory and the real-world financial decision-making practices of small entrepreneurs. Using a mixed-methods approach, surveys and a documentary review were conducted. The results revealed limited use of formal financial tools, despite frequent economic decisions. The study concludes that context-sensitive financial education is essential to improve decision-making quality and strengthen the sustainability of small businesses.

https://doi.org/10.47460/minerva.v6isp.204
PDF
HTML

References

S. A. Ross, R. W. Westerfield y B. D. Jordan, Fundamentals of Corporate Finance, 13.ª ed. New York, NY, EE. UU.: McGraw-Hill Education, 2018.

D. Kahneman y A. Tversky, «Prospect theory: An analysis of decision under risk», Econometrica, vol. 47, n.º 2, pp. 263-291, 1979.

World Bank, Global Financial Inclusion and Consumer Protection Survey 2022: Insights for Policy and Practice. Washington, DC, EE. UU.: World Bank, 2022.

OCDE/INFE, Advancing National Strategies for Financial Education. París, Francia: OECD Publishing, 2021.

Banco Interamericano de Desarrollo (BID), Panorama de la educación financiera en América Latina y el Caribe: avances y desafíos. Washington, DC, EE. UU.: BID, 2023.

Inter-American Development Bank, Informe de Educación Financiera en América Latina y el Caribe 2023. Washington, DC, EE. UU.: IDB, 2023.

A. Lusardi y O. S. Mitchell, «The economic importance of financial literacy: Theory and evidence», Journal of Economic Literature, vol. 52, n.º 1, pp. 5-44, 2014.

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Downloads

Download data is not yet available.
tangkubanperahu.com
sibolangit.com
siguragura.com
simanindo.com
padarincang.com
kolektor.id
pelukis.id
pancoran.id
jasmani.id
cipanas.id
eksklusif.id
inovatif.id
xenia.id
wamena.id
parapat.id
penatapan.id
balige.id
topthreenews.com
aaatrucksandautowreckings.com
arbirate.com
playoutworlder.com
temeculabluegrass.com
eldesigners.com
cheklani.com
totodal.com
apkcrave.com
bestcarinsurancewsa.com
complidia.com
eveningupdates.com
mcochacks.com
mostcreativeresumes.com
oxcarttavern.com
riceandshinebrunch.com
shoesknowledge.com
aktualinformasi.id
faktadunia.id
gapurainformasi.id
gariscakrawala.id
helvetianews.id
langitcakrawala.id
langitinformasi.id
pintucakrawala.id
wawasancakrawala.id
aktualberita.id
cakrawalafakta.id
pintuinformasi.id
wawasaninformasi.id
horizonberita.id
portalcakrawala.id
spektruminformasi.id
aktualwawasan.id
gerbangfakta.id
infodinamika.id
narsis.id
pansos.id
forensik.id
hardiknas.com
pakcoy.com
http://mostravirtual.aip.pt
ACCSLOT88
accslot88
VIPBET76 VIPBET76 VIPBET76 OLXBET288 OLXBET288 Toto Slot Toto Slot Toto Slot