How Financial Education Transformed Corporate Decision-Making in Mozambique

In developing economies, many firms struggle with financial constraints and inefficient financial management. Access to credit is limited, and financial frictions often hinder growth. A recent study by Diogo Mendes (SHoF/ Stockholm School of Economics), Claudia Custodio (Imperial College London), and Daniel Metzger (SHoF/ Rotterdam School of Management) in Mozambique set out to determine whether executive education in finance could change that.