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Title: | Leadership in state-owned enterprises of the Maldives |
Authors: | Sinau, Abdulla |
Keywords: | Leadership style State owned enterprises Ttransformational Transactional Laissez faire Contextual influence |
Issue Date: | Jul-2022 |
Publisher: | Maldives National University |
Citation: | Sinau, A. (2022). Leadership in state-owned enterprises of the Maldives. Maldives National Journal of Research. 10(1), 33-55.. |
Series/Report no.: | MNJR;10 |
Abstract: | Leadership is often attributed to the successes and failures of different types
of organisations existing in various contexts. The aim of this quantitative correlation
study is to analyse the prevalent leadership styles in state-owned enterprises (SOE) of
the Maldives and its relationship with the financial performance. Additionally, it looked
at the possible contextual factors which could influence leadership styles of the SOEs.
The study includes 10 SOEs from the Maldives and analyses their leadership style
using the data collected from the managers of the SOEs using a Multifactor Leadership
Questionnaire (MLQ) questionnaire. The contextual influence was analysed using Likert
scale questions structured based on the Maldivian context and the existing literature.
Financial performance was analysed by comparing return on capital employed (ROCE)
of the SOEs, which was collected through the annual reports published by the enterprises.
The findings of the study showed that transformational leadership style was common
in the SOEs of the Maldives. It also highlighted a significant negative correlation with
the contextual factors and transformational leadership style. Contrary to most existing
literature, the study did not find any significant correlations with leadership style and
financial performance. The findings of the study could be of help to the government in
appointing leaders and in setting up regulations for the SOEs. The results of the study also
suggest the need for further research to more confidently comment about the importance of
leadership style in the SOE domain. |
URI: | http://saruna.mnu.edu.mv/jspui/handle/123456789/15273 |
ISSN: | 2308-5959 20211231 |
Appears in Collections: | Volume 10, Number 1
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