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Unveiling the Impact of Psychological Traits on Innovative Financial Decision-making in Small Tourism Businesses

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journal contribution
posted on 2022-11-22, 21:15 authored by Navjot Sandhu, Hatem El-Gohary

Understanding factors affecting innovative financial decision-making involves the usage of more than one theory-driven model including those related to psychological behaviour (e.g. theory of planned behaviour). This study validates a conceptual framework extending the traditional financing model (TFM) and behavioural financial decision (BFD) to explain innovative financial decision-making utilising both qualitative and quantitative approaches. Based on a sample of 140 small tourism businesses, employing structured equation modelling, the findings reinforce the importance of the behavioural approach on innovative financial decision-making in small tourism businesses. The findings does not only make a respectable contribution the field, but also offer a practical evidence for the adaptation of the theory of planned behaviour in developing countries.

Other Information

Published in: Journal of the Knowledge Economy
License: https://creativecommons.org/licenses/by/4.0
See article on publisher's website: http://dx.doi.org/10.1007/s13132-022-00987-y

History

Language

  • English

Publisher

Springer Science and Business Media LLC

Publication Year

  • 2022

Institution affiliated with

  • Qatar University

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