Karadağ, Hande2019-02-192019-02-192017Karadag, H. (2017). The impact of industry, firm age and education level on financial management performance in small and medium-sized enterprises (SMEs) Evidence from Turkey. Journal of Entrepreneurship in Emerging Economies, 9(3), 300-314.2053-4604https://hdl.handle.net/20.500.11779/380https://doi.org/10.1108/JEEE-09-2016-0037Small and medium sized enterprises are crucial for socio-economic growth, due totheir significant role in creating new workforce, GDP increase, innovation andentrepreneurship. This article examines financial management performance in smalland medium-sized enterprises with regard to industry, firm age and education level ofowner/managers differences. The data used in the study is collected from 188 smalland medium-sized enterprises through structured questionnaires and threehypotheses regarding the associations are tested by using structural equationmodeling. Findings of one-way ANOVA tests indicate that performance in financialmanagement practices has a strong and positive correlation with education level ofsmall business owner/managers, whereas no significant difference is found regardingSMEs operating in different industries. For the impact of company age, independentsamples T-test is conducted and a meaningful difference between small andmedium sized companies which are five years or older and younger is found.eninfo:eu-repo/semantics/closedAccessEmerging economiesBusiness performanceFinancial managementSmall- to medium-sized enterprisesArticle10.1108/JEEE-09-2016-00372-s2.0-85028970906