Leadership styles and financial services performance
by May-Chiun Lo; T. Ramayah; Abu Hassan Md Isa; Mohamad Jais
International Journal of Management Practice (IJMP), Vol. 6, No. 4, 2013

Abstract: This paper seeks to explore the relationship between leadership practices and organisational performance of financial leaders in Malaysia. It aims to investigate the existence of contemporary leadership styles such as transformational, transactional and leader-member exchange (LMX) in enhancing organisational performance particularly in financial services sector. Data was collected from financial services companies, comprising commercial banks, investment banks, unit trust management companies and insurance companies. SmartPLS 2.0 (M3) was applied to test the hypotheses that comprised both transformational and transactional leadership styles and also LMX on organisational performance and subsequently bootstrapping was conducted to investigate the standard error of the estimate and t-values. This research highlights the importance of leadership awareness as well as recognition of LMX as a valuable approach in achieving a better organisational performance. This study attempts to blend various leadership styles and organisational performance of financial services sector in Malaysia.

Online publication date: Thu, 28-Nov-2013

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management Practice (IJMP):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com