Role of Gender-Based Emotional Intelligence in Corporate Financial Decision-Making

Zou Ran,1,2 Azeem Gul,3 Ahsan Akbar,4 Syed Arslan Haider,5 Asma Zeeshan,6 Minhas Akbar7 1Kunming LIH SkyCity Rehabilitation Hospital, Kunming, People’s Republic of China; 2Faculty of Education, Segi University, Kuala Lumpur, Malaysia; 3Department of International Relations, National University of Modern Languages, Islamabad, Pakistan; 4International Business School, Guangzhou City University of Technology, Guangzhou, 510080, People’s Republic of China; 5Department of Management, Sunway University Business School (SUBS), Sunway University, No 5, Jalan Universiti, Bandar Sunway, 47500, Selangor Darul Ehsan, Malaysia; 6Department of Management Sciences, Bahria University, Islamabad, Pakistan; 7Department of Management Sciences, COMSATS University Islamabad (Sahiwal Campus), Sahiwal, 5700, PakistanCorrespondence: Ahsan Akbar Tel +86 13802400964Email akbar@gcu.edu.cnPurpose: Business competition is getting more intense nowadays, and corporate survival is getting harder; consequently, corporate managers have to make financial decisions in complex and globalized scenarios. As a result, in order to compete in today’s global economy, businesses are contemplating incorporating behavioural components of human psychology into their decision-making processes. Corporations are masters of quantitative analysis, but they rarely pay attention to behavioural elements of organizational success. Emotional intelligence is important in many parts of life; therefore, it is crucial to look at its dimensions when it comes to corporate financial decision-making.Methods: A simple random sampling technique was used to collect data from 200 senior-level managers from the corporate sector located in the twin cities of Rawalpindi and Islamabad of Pakistan. SPSS version 22 was used to test the hypotheses.Results: Results of the study show the gender-based variation in corporate financial decision-making detailing the higher impact of EI of males on CFD than their counterparts in the corporat