From pride to prudence: The role of financial literacy in mitigating cognitive biases among narcissistic entrepreneurs

Tahira Iram et al.

International Journal of Entrepreneurship and Innovation2026https://doi.org/10.1177/14657503261416695article
AJG 2ABDC C
Weight
0.37

What the paper says

This study argued the growing concern of cognitive biases that hinder the rational decision-making among women entrepreneurs exhibiting narcissistic personality traits. Moreover, it also explores how narcissistic personality traits shape cognitive biases among women entrepreneurs, emphasizing financial literacy as a mediator and financial mindfulness as a moderator. For this purpose, data were collected from 215 registered women entrepreneurs operating in the SME sector across Punjab, Pakistan, using a proportionate stratified sampling technique and were analyzed through Smart-PLS. The results indicate the significant bonding between narcissistic personality traits and financial literacy as well as the financial literacy acts as the robust mediator between narcissism and cognitive biases. Furthermore, financial mindfulness serves as a strong moderator, significantly diminishing the cognitive biases and improving the rational financial decision-making. The findings highlight the necessity for focused financial literacy initiatives, particularly for women entrepreneurs susceptible to behavioral biases. This article addresses how personality-driven cognitive biases hinder women entrepreneurs’ financial decisions. Our findings indicate practical guidance for policymakers, financial institutions, and program developers to design gender-sensitive financial literacy and mindfulness initiatives that enhance resilience and rational decision-making. This paper also introduces a novel framework that connects personality traits, cognitive biases, and financial literacy to entrepreneurial decision-making, with a particular focus on the unique dynamics of emerging markets.

1 citation

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.1177/14657503261416695

Or copy a formatted citation

@article{tahira2026,
  title        = {{From pride to prudence: The role of financial literacy in mitigating cognitive biases among narcissistic entrepreneurs}},
  author       = {Tahira Iram et al.},
  journal      = {International Journal of Entrepreneurship and Innovation},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1177/14657503261416695},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

From pride to prudence: The role of financial literacy in mitigating cognitive biases among narcissistic entrepreneurs

Flags are reviewed by the Arbiter methodology team within 5 business days.


Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.