000 01225nam a22001457a 4500
999 _c520455
_d520455
008 220915b ||||| |||| 00| 0 eng d
100 _aGrohmann, A. Menkhoff, L. and Seitz, H.
_934081
245 _aThe effect of personalized feedback on small enterprises’ finances in Uganda
260 _aEconomic Development and Cultural Change
300 _a70(3), Apr,2022: p.1197-1227
520 _aThis randomized controlled trial examines the effect of a new finance training style during which participants are given personalized feedback on their financial business outcomes in addition to a rule-of-thumb training approach. We compare this with the effects of a rule-of-thumb training by itself and a control group. Targeting about 500 small entrepreneurs in Uganda, we find that the personalized feedback training significantly improves outcomes at the 6-month horizon. The index of primary outcomes increases by 0.258 SD units, and overall savings improve by 0.257 SD units. Survey results suggest that feedback partly works by increasing motivation, in line with feedback intervention theory. – Reproduced
773 _aEconomic Development and Cultural Change
906 _aCORPORATE GOVERNANCE
942 _cAR