Date of Conferral

5-28-2024

Date of Award

May 2024

Degree

Ph.D.

School

Management

Advisor

Amanda Wink

Abstract

Numerous African countries are facing challenges in their socio-economic development due to ineffective leadership. Implementing appropriate leadership styles may help to improve living standards and prevent development delays. To understand the specificities and role of the Transformational Leadership Model (TLM) in the financial decision-making process of the current leaders of the Republic of Benin, a qualitative exploratory single case study was conducted based on the transformational leadership theory. The study involved nine experienced financial leaders and managers who have implemented the TLM in the Ministry of Economy and Finance of the Republic of Benin for at least 5 years from 2017. The data were collected through interviews and questionnaires using purposive sampling techniques and analyzed using the Framework Approach based on both deductive and inductive processes. The results revealed that the TLM implemented by the financial leaders of the Republic of Benin is community-oriented, with a focus on personalized attention, employee motivation, and incentives. The study recommends that the scope of the research should be expanded to include other sectors in the Republic of Benin or other African countries to increase the validity of the results. With access to a good working leadership model, managers, and leaders in various sectors of the Republic of Benin or similar African countries can improve their leadership skills and practices. By incorporating the TLM and its specificities into their decision-making process, leaders can bring about positive social changes in their communities.

Included in

Finance Commons

Share

 
COinS