Today, the role and significance of corporate financial awareness is becoming increasingly
important, driven by the constantly and dramatically changing business environment
on the one hand, and economic and geopolitical changes on the other. Businesses are
thus faced with newer and newer challenges which require adequate financial response.
This, however, calls for awareness. In the present study, we aim to present how financial
literacy affects the outcome of financial decisions and the context corporate risk-Taking.
To verify these objectives, we use a path model based on zero-order regression.
