Leadership and Small Firm Financial Performance: The Moderating Effects of Demographic Characteristics
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Authors
Flanigan, Rod
Bishop, Jacob
Brachle, Ben
Winn, Bradley
Issue Date
2017-06
Volume
3
Issue
1
Type
Journal Article
Language
Keywords
Alternative Title
Abstract
The present study builds on extant leadership literature by examining the role demographic variables (including age, tenure as a leader at the current company, experience in the industry, and level of education) play as moderating effects on the relationship between leadership style and small business financial performance in the national distribution wholesale industry. Financial data, leadership data, and demographic data were collected from 100 small, industrial distribution organizations. Statistical regression models were used to examine the relationship between the independent variables (transformational and transactional leadership styles) and dependent variables (year-over-year sales and profit margin performance), as well as the potential moderating effect of demographic variables (age, tenure, education, experience). The findings showed that transformational leadership was positively associated with the financial performance of an industrial distribution firm. It was also shown that the demographic characteristics examined did not moderate the relationship between leadership and firm performance.
Description
Citation
Publisher
Creighton University
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Copyright (c) 2017 R. L. Flanigan, J. L. Bishop, B. J. Brachle and B. A. Winn
Journal
Volume
Issue
PubMed ID
DOI
Identifier
10.17062/CJIL.v3i1.54
Additional link
ISSN
2379-9307