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- Title
Impact of Transactional Leadership Style on Business Performance of SMEs in Tanzania.
- Authors
Mgeni, Tresphory O.; Nayak, Parameswar
- Abstract
This study is based on a field survey research conducted in Tanzania between February and July 2015 focusing into CEOs (Chief Executive Officers) of SMEs (small and medium enterprises). The study covered 60 % of all regions in Tanzania including Dar essalaam, Pwani, Iringa, Morogoro, Dodoma, Mbeya, Tabora, Kigoma, Ruvuma, Rukwa, Mwanza, Arusha and Mara, Singida, Tanga, Kilimanjaro, Mara and Simiyu. Purposive sampling was used to prepare a sample of 100 respondents based on their availability and willingness to participate in the study after introductory telephone conversations meant to create conducive environment for mailed questionnaires. However 60 questionnaires only qualified for further analysis while the rest were discarded for various reasons. This is a quantitative study which attempts to determine the relationship between transactional leadership style and business performance of small and Medium Enterprises in Tanzania. The study aims at firstly, determining the strength and direction of the correlation between transactional leadership style and business performance of SMEs in Tanzania. Secondly, the study determines the significance of the correlation between transactional leadership style and business performance of SMEs in Tanzania. Thirdly, the study determines the extent to which transactional leadership style predicts performance variations of SMEs in Tanzania and fourth, it determines the significance of transactional leadership style as a predictor.. Data was analyzed quantitatively using Pearson product moment correlation and simple regression by SPSS. This study found existence of significant and moderate positive correlation between transactional leadership style and business performance of SMEs in Tanzania. Moreover, transactional leadership style was found to bea significant moderate predictor of business performance of SMEs in Tanzania.
- Publication
Amity Business Review, 2016, Vol 17, Issue 1, p98
- ISSN
0972-2343
- Publication type
Academic Journal