THE EFFECT OF TRANSACTIONAL LEADERSHIP AND INNOVATIVENESS ON BUSINESS PERFORMANCE

Clara A. Musah, University of Professional Studies Accra, Accra, Ghana
Nathan K. Austin, University of Professional Studies Accra, Accra, Ghana

Published in

JOURNAL OF ACADEMY OF BUSINESS AND ECONOMICS
Volume 19, Issue 3, p137-148, October 2019

ABSTRACT

The study uses employee perceptions to help assess how high or low transactional leadership style and innovativeness impact business performance. Three hundred and thirty-three (333) employees from the telecommunication industry responded to a structured questionnaire. Data obtained was analyzed by regression and correlation making use of both inferential and descriptive statistics. The study discovered a significant positive relationship between both transactional leadership and innovativeness and business performance but of moderate strength. Transactional leadership and innovativeness also had a significant positive effect on business performance both independently and combined but the effect of innovativeness was higher than transactional leadership.

Keywords

Leadership, Transactional leadership, Innovativeness, Business Performance


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