Personality traits and entrepreneurial intention among Chartered Accountancy students

Entrepreneurial intention plays a decisive role in the process of becoming an entrepreneur. It is not only the prerequisite for establishing a business but it also influences an individual’s behavior. This study aims to investigate the impact of three key personality traits of a prospective entrepre...

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Main Authors: Alisha Soni, Kanupriya Misra Bakhru
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2021-08-01
Series:Problems and Perspectives in Management
Subjects:
Online Access:https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15389/PPM_2021_03_Soni.pdf
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author Alisha Soni
Kanupriya Misra Bakhru
author_facet Alisha Soni
Kanupriya Misra Bakhru
author_sort Alisha Soni
collection DOAJ
description Entrepreneurial intention plays a decisive role in the process of becoming an entrepreneur. It is not only the prerequisite for establishing a business but it also influences an individual’s behavior. This study aims to investigate the impact of three key personality traits of a prospective entrepreneur (entrepreneurial passion, creativity, and self-efficacy) in shaping their entrepreneurial intention. It is proposed that entrepreneurial passion, creativity, and self-efficacy positively influence entrepreneurial intention. Primary data were collected from 408 Chartered Accountancy (CA) students of the National Capital Region (NCR) of India with the help of a structured questionnaire. The cluster sampling method was used to select the sample from the targeted population. The data were analyzed using structural equation modeling (SEM). The results establish that the entrepreneurial intention of CA students is significantly influenced by their creativity, entrepreneurial passion, and self-efficacy, as all three traits allow an entrepreneur to identify opportunities with profit potential. A student who is passionate, creative, and confident in exploiting the new business idea will develop an intention to become an entrepreneur. The present study contributes to the literature by investigating the entrepreneurial intention of CA students, which has not been explored earlier. The significance of this study facilitates academicians and accounting organizations to focus on the personality traits of students, which helps in developing entrepreneurial intention in them.
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spelling doaj.art-18a9be72d3b34f539fe07bd21f106d9a2022-12-21T22:00:48ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672021-08-0119313614710.21511/ppm.19(3).2021.1215389Personality traits and entrepreneurial intention among Chartered Accountancy studentsAlisha Soni0https://orcid.org/0000-0002-3455-2028Kanupriya Misra Bakhru1https://orcid.org/0000-0002-7211-4918Ph.D. Student, Department of Management, Jaypee Business School, Jaypee Institute of Information TechnologyPh.D., Associate Professor, Department of Humanities and Social Sciences, Jaypee Institute of Information TechnologyEntrepreneurial intention plays a decisive role in the process of becoming an entrepreneur. It is not only the prerequisite for establishing a business but it also influences an individual’s behavior. This study aims to investigate the impact of three key personality traits of a prospective entrepreneur (entrepreneurial passion, creativity, and self-efficacy) in shaping their entrepreneurial intention. It is proposed that entrepreneurial passion, creativity, and self-efficacy positively influence entrepreneurial intention. Primary data were collected from 408 Chartered Accountancy (CA) students of the National Capital Region (NCR) of India with the help of a structured questionnaire. The cluster sampling method was used to select the sample from the targeted population. The data were analyzed using structural equation modeling (SEM). The results establish that the entrepreneurial intention of CA students is significantly influenced by their creativity, entrepreneurial passion, and self-efficacy, as all three traits allow an entrepreneur to identify opportunities with profit potential. A student who is passionate, creative, and confident in exploiting the new business idea will develop an intention to become an entrepreneur. The present study contributes to the literature by investigating the entrepreneurial intention of CA students, which has not been explored earlier. The significance of this study facilitates academicians and accounting organizations to focus on the personality traits of students, which helps in developing entrepreneurial intention in them.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15389/PPM_2021_03_Soni.pdfcreativityentrepreneurial passionopportunity recognitionprofessional studentsself-efficacySEM
spellingShingle Alisha Soni
Kanupriya Misra Bakhru
Personality traits and entrepreneurial intention among Chartered Accountancy students
Problems and Perspectives in Management
creativity
entrepreneurial passion
opportunity recognition
professional students
self-efficacy
SEM
title Personality traits and entrepreneurial intention among Chartered Accountancy students
title_full Personality traits and entrepreneurial intention among Chartered Accountancy students
title_fullStr Personality traits and entrepreneurial intention among Chartered Accountancy students
title_full_unstemmed Personality traits and entrepreneurial intention among Chartered Accountancy students
title_short Personality traits and entrepreneurial intention among Chartered Accountancy students
title_sort personality traits and entrepreneurial intention among chartered accountancy students
topic creativity
entrepreneurial passion
opportunity recognition
professional students
self-efficacy
SEM
url https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15389/PPM_2021_03_Soni.pdf
work_keys_str_mv AT alishasoni personalitytraitsandentrepreneurialintentionamongcharteredaccountancystudents
AT kanupriyamisrabakhru personalitytraitsandentrepreneurialintentionamongcharteredaccountancystudents