Maldives National Journal of Research

The Maldives National Journal of Research (MNJR) is a research journal of the Maldives National University published by the Postgraduate Research Centre. MNJR is a multidisciplinary journal of research in all disciplines relevant to the Maldives. Although in the coming years, it is expected that this journal will evolve into specialist journals in various disciplines, the first one is generalist in nature. The journal publishes research articles, literature reviews, book reviews, comments, opinion and perspectives.

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    Leadership in state-owned enterprises of the Maldives
    (ރިސާރޗް ޑެވެލޮޕްމަންޓް އޮފީސް، ދިވެހިރާއްޖޭގެ ޤައުމީ ޔުނިވަރސިޓީ, 2022-07) ޢަބްދުﷲ ސިނާޢު; Sinau, Abdulla
    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 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 through a Multifactor Leadership Questionnaire (MLQ). 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 between leadership style and financial performance. The findings of the study could help 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 on the importance of leadership style in the SOE domain.
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    Leadership in state-owned enterprises of the Maldives
    (ރިސާރޗް ޑެވެލޮޕްމަންޓް އޮފީސް، ދިވެހިރާއްޖޭގެ ޤައުމީ ޔުނިވަރސިޓީ, 2022-07) ޢަބްދުﷲ ސިނާޢު; Sinau, Abdulla
    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 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 through a Multifactor Leadership Questionnaire (MLQ). 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 between leadership style and financial performance. The findings of the study could help 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 on the importance of leadership style in the SOE domain.
Those using material that appeared in MNJR for noncommercial use are welcome to copy, distribute, transmit and adapt the work — at no cost and without permission — as long as they attribute the work to the original source. Those who wish to use material appearing in MNJR for commercial use must obtain written permission from MNJR.