Nematollah Shiri, Behrooz Badpa, Rachel S. Shinnar
Prior research has examined various antecedents of entrepreneurial intentions; however, the importance of financial literacy has not received much attention, especially in the context of developing economies. This study examines the role of financial literacy in shaping entrepreneurial intentions among Iranian university students majoring in accounting. More specifically, this study examines three dimensions of financial knowledge regarding spending, saving and giving. Based on the responses of 504 students, findings suggest that knowledge regarding saving matters in shaping entrepreneurial intentions among university graduates regardless of gender. In addition, knowledge regarding spending was found to impact entrepreneurial intentions among female respondents only, while the giving dimension did not impact entrepreneurial intentions for the male nor female respondents. Implications for research and practice are discussed