Поведінкові детермінанти управління часом у прийнятті фінансових рішень у підприємництві
Year: 2026
Type: article
Abstract: Time management in entrepreneurship is a financially meaningful behavior, since the way an entrepreneur allocates time directly affects the quality of financial decisions and the financial resilience of the business. The relevance of the topic stems from the lack of integrated studies that combine time management, behavioral economics, and corporate financial management. The aim of the article is to systematize the behavioral determinants of time management that shape financial decision-making in entrepreneurship and to build a conceptual model of this influence. The study is theoretical and analytical and draws on a literature in behavioral finance, the psychology of time management, and entrepreneurship. Methods of analysis and synthesis, scientific generalization, classification, systematization, and structural-logical modeling were applied. It is hypothesized that behavioral determinants operate as manifestations of a single phenomenon of distorted time allocation that degrades financial decisions. Six behavioral determinants were systematized, namely hyperbolic discounting, procrastination, the mere urgency effect, a present-oriented time perspective, attention scarcity, and a self-control deficit. For each determinant the mechanism of time-allocation distortion was substantiated and the corresponding financial consequence was characterized. A typology of entrepreneurs by dominant time orientation and level of self-control was proposed, distinguishing four profiles of financial behavior. A conceptual model was developed that describes a three-stage influence of the determinants on the quality of financial decisions, accounts for the feedback effect of resource scarcity, and reflects the moderating role of time management and financial literacy. The theoretical value lies in an integrated analytical framework combining three research streams. The practical value lies in diagnosing entrepreneurs' behavioral risks and correcting their financial behavior. The originality lies in uniting time management and behavioral finance within a single model. The originality lies in integrating three research streams, namely time management, behavioral economics, and corporate financial management, into a single theoretical model that explains an entrepreneur's temporal behavior as a mechanism of financial-decision degradation. Further research involves empirical testing of the model. The article is theoretical.
Author: Ірина Маркович
Institution: Ternopil Ivan Pului National Technical University
Language: Ukrainian
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7202280445