Is Emotional Intelligence Matter in Youth Entrepreneur?

DOI

10.2991/aebmr.k.210928.012How to use a DOI?

Keywords

youth entrepreneur, emotional intelligent, financial literacy

Abstract

This study aims to determine the factors that influence financial behavior in youth’s entrepreneurs in East Java, Indonesia. The focus of the research is young entrepreneurs, because the high rates of unsustainability of this group. It is presumed that the lack of knowledge, ability and skill on their financial basic financial has been factors affecting their business’ failure. It also assumes that the success of an entrepreneur is determined by how they make the right decisions in their business. The last factor can be influenced by how they manage their emotions (both emotions for themselves and emotions in others). The combination between I-E-O (Input-Environment-Outcome) models and Theory Reasoned Action will be used to explain how the entrepreneur behavior in term of financial management. The data was collected through the survey on 200 young entrepreneurs in East Java. Data analysis used the Structural Equational Model (SEM) with the Partial Least Square (PLS) approach. The result is that there is a significant direct and indirect effect between financial literacy and emotional intelligence on financial behavior in youth’s entrepreneurs. It can be concluded that very important for young entrepreneur to maintain their financial literacy as well as manage their emotional intelligent in order to make their business successful and sustainable.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Saparila Worokinasih
AU  - Nila Firdausi Nuzula
AU  - Cacik Rut Damayanti
AU  - Sumainah Fauziah
AU  - Ina Syarifah
PY  - 2021
DA  - 2021/09/30
TI  - Is Emotional Intelligence Matter in Youth Entrepreneur?
BT  - Proceedings of the 3rd Annual International Conference on Public and Business Administration (AICoBPA 2020)
PB  - Atlantis Press
SP  - 56
EP  - 59
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210928.012
DO  - 10.2991/aebmr.k.210928.012
ID  - Worokinasih2021
ER  -