Validation of the Entrepreneurs’ Financing Decision model: the case of Venture Capital

Authors

  • Bachirou MOHAMED NJOYA Université de Dschang
  • Emmanuel TCHAGANG Université de Dschang
  • Fidèle NWAMEN Université de Dschang

Keywords:

Entrepreneurial finance, Self-determination, Attitude, Intention, financial Awareness

Abstract

The aim of this study is to conceptualize entrepreneurs' financing decisions model. This model
is developed based on the theory of planned behavior and self-determination. We then tested it
on a sample of 182 entrepreneurs and were able to confirm the unidimensionality of our
concepts, as well as the reliability (Cronbach’s Alpha coefficient like the Composite Reliability)
and the convergent and discriminant validity of their measurement scales. In addition, this
model was found to be remarkably well-fitted to the data, indicating its suitability for more in-
depth analysis.

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Published

2025-07-14

How to Cite

[1]
MOHAMED NJOYA , B., TCHAGANG , E. and NWAMEN , F. 2025. Validation of the Entrepreneurs’ Financing Decision model: the case of Venture Capital. Revue Française d’Economie et de Gestion. 6, 7 (Jul. 2025).

Issue

Vol. 6 No. 7 (2025): Revue Française d'Economie et de Gestion

Section

Articles

License

Copyright (c) 2025 Bachirou MOHAMED NJOYA , Emmanuel TCHAGANG , Fidèle NWAMEN

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.