A Non-parametric Analysis of Emotional Intelligence Among Family Businesses in the Philippines

Abstract

Being a dominant form of business organization in the Philippines, the contribution of family businesses in creating job opportunities cannot be undermined. As such, the discourses on the various facets, and functional areas in family business organization have grown. While this is the case, the gender, relationship, and emotional intelligence dimensions of family business dynamics in the Philippines have not been thoroughly studied. Hence, by subjecting survey data to non-parametric techniques, we seminally probed on whether gender and relationship explains emotional intelligence. Results revealed that our variables of interest are independent, which is contrary to literature. We argued that emotional intelligence is unpredictable, unstable, learned, taught, and acquired. Thus, because emotional intelligence is hinged on understanding one’s emotion and emotion of others, family business owners must devise ways to use and regulate these emotions toward broader goals of maximizing family wealth and sustaining the family business.