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The Intersection of Emotional Intelligence and Corporate Financial Decision Making

Author

Listed:
  • Osni Abubakar Idris

    (Department of Accountancy, School of Business Studies, Auchi Polytechnic, Nigeria)

Abstract

Financial decisions are now so complicated that financial managers need strong “people†skills to accompany their technical and financial strengths. Choosing the right mix of raw intellect and emotional balance can often determine not only how complete your financial proposals are but also how well received they will be by the management team that has to implement the concepts. The study takes a theoretical approach to examine the relationship between emotional intelligence and financial decision making. The study concluded that intersection of emotional intelligence and financial decision making is very crucial for proper financial decision making processing. It was recommended that the financial team that has the best combination of skills and abilities, including analytical and emotional intelligence should be recruited.

Suggested Citation

  • Osni Abubakar Idris, 2014. "The Intersection of Emotional Intelligence and Corporate Financial Decision Making," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 2(10), pages 424-431, October.
    • Handle: RePEc:ijr:journl:v:2:y:2014:i:10:p:424-431
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    References listed on IDEAS

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    1. Shefrin, Hersh & Statman, Meir, 1985. "The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence," Journal of Finance, American Finance Association, vol. 40(3), pages 777-790, July.
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    Cited by:

    1. Babli Dhiman & Saloni Raheja, 2018. "Do Personality Traits and Emotional Intelligence of Investors Determine Their Risk Tolerance?," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 43(1-2), pages 88-99, February.
    2. Bouzguenda, Karima, 2018. "Emotional intelligence and financial decision making: Are we talking about a paradigmatic shift or a change in practices?," Research in International Business and Finance, Elsevier, vol. 44(C), pages 273-284.

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    More about this item

    Keywords

    Financial Decision; Emotional Intelligence; Corporate Financial Decision;
    All these keywords.

    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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