Teaching Financial Literacy to Entrepreneurs for Sustainable Development

6 Pages Posted: 11 Jan 2012

See all articles by Mohsen Rahmandoust

Mohsen Rahmandoust

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development

Ishak Mad Shah

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development

Mahshad Norouzi

Kar Higher Education Institute - Faculty of Management

Hossein Hakimpoor

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development,Islamic Azad University - Birjand Branch

Naser Khani

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development,Islamic Azad University - Najafabad Branch

Date Written: December 30, 2011

Abstract

Current world economy crises could be prevented by increasing public financial literacy. Moreover, entrepreneurs are considered economic engines of each society and the success rate of entrepreneurs could be improved by increasing financial literacy of entrepreneurs. In addition, since entrepreneurial success can significantly lead to sustainable development of each society, entrepreneurial strength is one of the common roles of policy makers. This study briefly reviews the importance of financial literacy and tries to consider some important points of its teaching contents and process. At the end, some suggestions have been presented for further research.

Keywords: Entrepreneurship, Entrepreneurial Success, Entrepreneurial Learning, Financial Literacy, Sustainable Development

Suggested Citation

Rahmandoust, Mohsen and Shah, Ishak Mad and Norouzi, Mahshad and Hakimpoor, Hossein and Khani, Naser, Teaching Financial Literacy to Entrepreneurs for Sustainable Development (December 30, 2011). OIDA International Journal of Sustainable Development, Vol. 2, No. 12, pp. 61-66, 2011, Available at SSRN: https://ssrn.com/abstract=1982850

Mohsen Rahmandoust (Contact Author)

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development ( email )

Johor Bahru
Skudai
Shah Alam, Selangor 40450
Malaysia

Ishak Mad Shah

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development ( email )

Johor Bahru
Skudai
Shah Alam, Selangor 40450
Malaysia

Mahshad Norouzi

Kar Higher Education Institute - Faculty of Management ( email )

Iran

Hossein Hakimpoor

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development,Islamic Azad University - Birjand Branch ( email )

Johor Bahru
Skudai
Shah Alam, Selangor 40450
Malaysia

Naser Khani

Universiti Teknologi Malaysia - Faculty of Management and Human Resources Development,Islamic Azad University - Najafabad Branch ( email )

Johor Bahru
Skudai
Shah Alam, Selangor 40450
Malaysia

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