Transformational, Transactional Leadership and Employee Job Satisfaction: Evidence from Banking Industry in Sri Lanka (original) (raw)
Related papers
Role of transformational and transactional leadership on job satisfaction and career satisfaction
Effective leadership always plays an important role in the growth and better performance of the organization. This research has been conducted to determine the impact of transformational and transactional leadership style on job success and career satisfaction. A total of 240 responses (n = 240) from various private organizations working in the capital city of Pakistan were collected using various measures of TLI Questionnaire along with items of job success and career satisfaction. Results showed positive trends of all variables. Transactional leadership is found significantly related to job success while transformational leadership and job success are found highly related with career satisfaction. The results of regression analysis show that job success is more dependent on transformational and transactional leadership as compared to career satisfaction. Managerial implications are presented based upon these results.
2018
The main purpose of the study was to identify transformational leadership`s effect on employees` job satisfaction. A cross-sectional research design was selected for the study. The study`s participants were 177 employees from forty-one (41) private banks of district Swat. The instrument used for the study were, Multifactor Leadership Questionnaire (MLQ) Form 6 developed by (Avolio & Bass, 1990), the transformational leadership scale developed by Hartog, De Hoogh, and Kalshoven (2013), and the Job Satisfaction scale developed by Spector (1994). A convenience sampling method was applied for data collection. Results of the study revealed a significant positive association between transformational leadership`s components (inspirational motivation, individual consideration, idealized influence, intellectual stimulation) and job satisfaction. Inspirational motivation and intellectual stimulation were the best predictors of job satisfaction.
Journal of Comparative International Management, 2005
This study tested the transformational leadership theory among managers at functional levels in United Arab Emirates (UAE) banks. The UAE banking sector was chosen due to its importance in the U.A.E. economy and its significant contribution to the Emirates GDP. The paper examines the effects of both transformational and transactional leadership styles of bank managers/supervisors on employees' satisfaction and self-perceived performance. Self-esteem and leadership disposition (Romance of Leadership) of employees were hypothesized to act as moderators. Data was collected from employees working in national and international banks operating in the UAE. A multiple regression analysis indicated that transformational leadership style and self-esteem were related to job satisfaction. On the other hand, transformational leadership, Romance of Leadership (RLS), and self-esteem were all related to self-perceived performance. Results confirmed that to elicit higher levels of satisfaction and performance among bank employees, managers/supervisors need to demonstrate transformational leadership attributes.
2021
This study aims to measure the effect of leadership style (transformational or transactional) on job satisfaction mediated by job perceptions. Data collection was carried out through quantitative questionnaires with simple random sampling via electronic online to the employees of the Information Technology Industries in Banten. The results of the questionnaire returned and valid were 377 respondents. Data processing used the SEM method with SmartPLS 3.0 software. The results of this study concluded that transformational leadership has a positive and significant effect on satisfaction, both directly and indirectly through mediating job perceptions. Meanwhile, transactional leadership has no significant effect on employee satisfaction, either directly or indirectly through mediating job perceptions. This new research proposes a model to build job satisfaction for consumer goods industry employees in Banten through increasing the transformational leadership ability of company heads wit...
Effective leadership always plays an important role in the growth and better performance of the organization. This research has been conducted to determine the impact of transformational and transactional leadership style on job success and career satisfaction. A total of 240 responses (n = 240) from various private organizations working in the capital city of Pakistan were collected using various measures of TLI Questionnaire along with items of job success and career satisfaction. Results showed positive trends of all variables. Transactional leadership is found significantly related to job success while transformational leadership and job success are found highly related with career satisfaction. The results of regression analysis show that job success is more dependent on transformational and transactional leadership as compared to career satisfaction. Managerial implications are presented based upon these results.
This research study shows the relationship of leadership styles with the job satisfaction of employees working in the private banking sector of Pakistan and also depicts which leadership style leaders have adopted most. A questionnaire with five points likert scale was used to collect data on different dimensions of leadership styles and employees’ job satisfaction from 230 participants working in five selected private banks of four districts of the province of Punjab, Pakistan. The results showed that there is a significant relationship between transactional leadership style and employees’ job satisfaction and this transactional leadership style is more adopted by the leaders as compared to transformational leadership style. The research results are very important for the higher management of targeted banks in terms of to increase employees’ job satisfaction they can train their leading staff in branches to adopt transactional leadership style. This research article comes to an end with a brief conclusion, limitations and recommendations.
2016
Purpose: this study examined the influence of transformational leadership on employee job satisfaction. In this leadership style, the leader enhances the motivation, moral and performance of his follower group. The paper provides a conceptual discussion of value based leadership in management and business practices. Descriptive survey design was adopted. The study sample comprised of 400 employees working in all levels in various companies listed at NSE. Stratified sampling technique was used to select the study respondents. The study utilized both descriptive and inferential statistics. The study used factor analysis through principal component analysis and varimax rotation method to generate factor scores for each construct. Multiple linear regression was used to test the study hypothesis. The findings show that a manager who promote and adhere to company values and mission and inspires employees to follow them. It also established that managers allow employee opinions when seekin...
A STUDY ON IMPACT OF TRANSFORMATIONAL LEADERSHIP ON EMPLOYEE JOB SATISFACTION
International Journal of Novel Research and Development (IJNRD), 2023
The objective of this research study is to analyse and examine the impact of transformational leadership style on employee's job satisfaction working in one of the multinational engineering service company in Bangalore city. And, to assess which dimension of transformational leadership impact more on employee job satisfaction. The name of the organization is withheld for the purpose of confidentiality. The survey was adapted from the Multifactor Leadership Questionnaire (MLQ) to measure the transformational leadership style. The Minnesota Satisfaction Questionnaire (MSQ) was adapted to measure employee job satisfaction. 120 employees from five different domains participated in the study using convenience sampling. Out of which 104 questionnaires completed showing 86.7% response rate. Descriptive and analytical methodology is used. Quantitative research design is adopted. The collected primary data is analysed using descriptive statistics. Pearson correlation analysis is used to test the hypothesis. These studies have revealed that there is a significant and positive relationship between all transformational leadership dimensions (Inspirational motivation, Individualized consideration, Intellectual stimulation, Idealized influence) and employee job satisfaction. Transformational leadership positively effects employee job satisfaction. The result also shows that there is highly significant, positive relationship between two dimensions of transformational leadership (Inspirational Motivation, Idealized Influence) and employee job satisfaction. Also, there is significant medium positive relationship between other two dimensions of transformational leadership (Individualized Consideration, Intellectual Stimulation) and job satisfaction. The results of this study concluded that if leaders adopt transformational leadership style, they could get better satisfied and committed employees for the organization.
This study identified the basic tool for development of organization by utilizing the leadership qualities where as there are two independent variables included Transactional and transformational leadership qualities and dependent variable is employee performance. The author(s) believes that employee performance is very essential for any organization throughout motivating, satisfying, idealized, influence/inspirational encouragement directly impact on the employee’s performance and result in organizational performance although Banking sector is growing industry in Pakistan therefore to know the impact of Transactional and transformational leadership on employees performance and they are facing the critical hurdles while this study is based on quantitative and primary and secondary data has been used for this study along-with it is exploratory researcher. Researcher has made the eighteen questions which are based on five likert scale and firstly researcher has assured the reliability and validity through the pilot test from different bankers in Pakistan and SPSS 20 Software has been used for study for the first time Cronbach's Alpha shown .79 for pilot test, this data provides the validity and reliability of study. Furthermore, the researcher has proceeded and sample size has taken around 172 from population size and tried to his/her best efforts in order to achieve the results and then recommendations & conclusion is made for this research.
International Journal of Advanced Science and Technology Vol. 29, No.9s, 2020
This research was conducted to study the effect of Transformational Leadership on Employee Performance of the employees at Primebiz Hotel Surabaya, with Job Satisfaction as an intervening variable. The sample used was 34 employees. The research method applied was quantitative to study the relationship between variables with a sampling technique using a census method. The results of the study were that the transformational leadership has a significant positive effect on Job Satisfaction, and it also has a positive and significant effect on Employee Performance. Job Satisfaction has a positive and significant effect on Employee Performance, and Job Satisfaction partially mediates the effect of Transformational Leadership on Employee Performance.