The dual driving mechanism of financial literacy and risky financial assets on household entrepreneurial decision-making

被引：0
|
作者：
Liu, Pingfen [1 ]
Cai, Peifeng [2 ]
Wang, Jing [3 ]
机构：
[1] Hunan Univ, Sch Econ & Trade, Changsha 410082, Hunan, Peoples R China
[2] Peking Univ, Guanghua Sch Management, Beijing 100871, Peoples R China
[3] Zhongnan Univ Econ & Law, Sch Econ, Wuhan 430073, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2025年 / 72卷
关键词：
Financial risk; Risky financial assets; Entrepreneurial decision-making; CONNECTEDNESS;
D O I：
10.1016/j.frl.2024.106511
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper selects survey data from the China Household Finance Survey and Research Center (CHFS) in 2017, 2019, and 2021 as samples to explore the entrepreneurial decision-making mechanism jointly driven by financial literacy and risky financial assets. The study finds that financial literacy has a significant positive impact on individual households' entrepreneurial decisions. Additionally, risky financial assets partially mediate the relationship between financial literacy and individual households' entrepreneurial decisions.
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页数：7
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