Summary: | The importance of financial literacy has increased due to
factors such as the development of new financial
products, the complexity of instruments and financial
markets, political changes, and economic factors. For
this reason, considerable measures have been
performed recently by people and organizations with
scientific competencies such as the World Bank, in
respect of introducing, evaluating, and improving the
people’s financial literacy. Due to the importance of this
concept, this research has been performed with the goal
of evaluating the role of the financial literacy training in
the participation ratio of small and medium-size
enterprises in financial markets. The statistical
population of this research is composed of small and
medium-size companies activating in the industrial city
of Rasht. For the data analysis, the Structural Equation
Modelling was used, by the PLS method. The results
show that the financial literacy training has a positive
and significant impact on the financial literacy level, and
also on the market participation.
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