Investigating the effect of financial technology and financial inclusion on the financial behavior of small and medium business managers
Subject Areas : Financial Markets and Institutions
Vahid Ahmadian
1
,
Sajjad Naghdi
2
,
Alireza Fazlzadeh
3
,
Ahmad Teh Abdul Karkhi
4
,
Davood Ahmadian
5
1 - Assistant Prof., Faculty of Economic and Management, University of Tabriz
2 - Assistant Prof., Faculty of Economic and Management, University of Tabriz
3 - Associate Prof., Faculty of Economic and Management, University of Tabriz
4 - MSc in Accounting, Faculty of Economic and Management University of Tabriz
5 - Faculty of Mathematical Sciences, University of Tabriz, Tabriz, Iran
Keywords: financial behavior, managers, small and medium businesses, financial technology, financial inclusion,
Abstract :
In recent years, the financial management landscape has endured substantial changes, particularly in the field of Small and Midsize Business (SMB). This advancement is mostly attributed to the growth and spread of financial technology (FinTech) and the global push towards financial inclusion. The achievement and sustainability of small and midsize businesses depend on the financial behavior of their managers. In line with small and midsize businesses, financial inclusion can act as this driver and potentially change management behaviors, particularly in areas such as financing and investment decisions. FinTech speeds up financial inclusion by offering easier access to financial services for small and midsize businesses. Preceding studies have distinctly examined the effects of FinTech or financial inclusion on financial behaviors. Alternatively, small and midsize businesses play an important role in Iran's economy and account for a significant share of employment and GDP. The financial behavior of the managers of these businesses is very important in their success and sustainability. On the other hand, financial inclusion and financial technology can influence managers' financial behavior. Nevertheless, few studies in Iran have examined the effect of financial inclusion and financial technology on the financial behavior of small and midsize business managers. Consequently, conducting such research seems necessary.