Empirical Assessment of How the Impact of Emotional Intelligence and Behavioural Biases Determine the Investment Decisions of Information Technology Professionals

Abstract

Abstract Research background Emotional intelligence (EI) has been shown in earlier research to be crucial in determining how people proceed through life. Emotional intelligence (EI) is one of the most important determinants of how people relate to one another and feel. Purpose The study’s main aim is to comprehend in detail the assessment of Behavioural components and better understand the decision-making process of Information Technology Professionals, interrelationship and impact of emotional intelligence. Research methodology 438 Information Technology Professionals provided the data for this study. The study conducted in a tri-city area in India consisting of Chandigarh, Mohali, and Panchkula. This investigation used the purposive testing technique and a conceptual framework developed to outline an empirical assessment of the impact of emotional intelligence on the behavioural biases of IT professionals. Results Individual investors’ investment selections connected to information technology professionals’ conduct predispositions and emotional intelligence insights. Information Technology Professionals take investing selections that have an impact of Emotional Intelligence. Novelty Knowledge of behavioural biases while making an investment choice will be useful for financial advisers, who can then advise investors on how to counteract such biases.