Emotional Intelligence and Decision Making Styles in Entrepreneurs

Author: Maham Bint-Iqbal

Supervisor: Dr. Iram Fatima and Ms. Gul-e-Sehar

Degree: MSc

Year: 2011-2013

University: Institute of Applied Psychology, Punjab University, Lahore, Pakistan

Abstract

The purpose of this study was to find out the role of emotional intelligence and decision making styles in entrepreneurs. It was hypothesized that different dimensions of emotional intelligence were positively correlated and were making positive contribution in predicting rational, intuitive, dependent and spontaneous decision making styles, negatively correlated and were making negative contribution in prediction with avoidant decision making styles. Purposive sampling strategy was used to access the role of emotional intelligence and decision making styles in entrepreneurs. The sample comprised of 100 entrepreneurs (Men = 43, Women = 57). Emotional intelligence was measured through Scale of Emotional Intelligence by Batool and Khalid (2009) and decision making styles were assessed by translated Urdu version of General Decision Making Styles Questionnaire by Batool (2003).Correlation analysis was carried out to find correlation among study variables, linear regression was performed for assessing predictors of decision making styles and further t-test was performed to see gender differences in emotional intelligence and decision making styles. The study findings concluded that different dimensions of emotional intelligence were positively as well as negatively correlated with decision making styles. Different dimensions of emotional intelligence were serving as positive and negative predictors of decision making styles in this study. Females showed high score in different dimension of emotional intelligence than males but there were no gender differences in decision making styles of Entrepreneurs. The findings of this work have important implications for students, managers, organizational leaders, entrepreneurs, business men and researchers

Keywords: Emotional Intelligence,  Decision Making  Styles, Entrepreneurs.

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Corresponding Address: Department of Applied Psychology, University of the Punjab, Lahore, Pakistan. Email: chairperson@appsy.pu.edu.pk, Phone: 92-42-9231245

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