Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
October 3, 2025Multidisciplinary Reviews

Financial literacy and SME financial distress studies: A systematic literature review

View Full Paper
Ask AI
Bookmark
Share

Authors

MNMaryam NadirSASyamsu AlamMAMuhammad Jahangir Ali

Discussion

Loading...

Member takes

Overview

Systematic literature review examines financial literacy's role in reducing financial distress in SMEs, suggesting targeted interventions may enhance resilience.

Key Points

  • Improved financial literacy reduces financial distress in SMEs, enhancing their internal financial management.
  • Findings indicate that higher financial literacy correlates with better budgeting and risk awareness in SMEs.
  • The impact of financial literacy is influenced by factors like firm size, ownership structure, and regulatory environment.
  • Research gaps include a predominance of cross-sectional studies and a need for more diverse geographical representation.

Cite This Study

Nadir et al. (2025) studied this question.

synapsesocial.com/papers/68e03501f0e39f13e7fa3876https://doi.org/10.31893/multirev.2026093
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Impact of Financial Literacy on SMEs Performance: The Role of Access to Financial Resources as a Mediator2025 · 1 citations
  2. 2The effect of financial literacy on the growth of women-owned small and medium enterprises in Africa2025
  3. 3Financial Sustainability among SMEs after the Endemic Phase: A Systematic Literature Review2025
  4. 4The Effect of Financial Literacy of Owner-Manager and Firm Performance of Small and Medium Enterprises in Sri Lanka2025
  5. 5LINKING ENTREPRENEURIAL FINANCIAL LITERACY TO SME OUTCOMES: THE ROLE OF GREEN CAPITAL AND FINANCIAL CONSTRAINTS2025