Transformational leadership, organizational innovation climate, and organizational commitment of the banking industry: Basis for corporate performance improvement framework

The banking industry is at the forefront of economic development, and its performance is pivotal in driving financial stability and growth.This study aimed to determine the relationship among transformational leadership, organizational innovation climate, and organizational commitment of the banking industry as a basis for the formulation of the corporate performance improvement framework.The data gathered both offline and online were evaluated using a quantitative-descriptive method.Findings revealed that there is a significant relationship among transformational leadership, organizational innovation climate, and organizational commitment, and these three variables are found to mutually reinforce and bolster one another positively.Furthermore, based on the findings, the paper proposed a framework for improved corporate performance.Finally, the researcher put forward several recommendations for bank managers on training transformational leadership, creating an organizational innovation climate, and enhancing employee organizational commitment.

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Publication Details

Journal
International Journal of Research Studies in Management
Published
2024-08-15
DOI
https://doi.org/10.5861/ijrsm.2024.1242
Primary Topic
Organizational Leadership and Management Strategies
Type
article
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article

Transformational leadership, organizational innovation climate, and organizational commitment of the banking industry: Basis for corporate performance improvement framework

Fangzhou Li
International Journal of Research Studies in Management
Organizational Leadership and Management Strategies
article

Transformational leadership, organizational innovation climate, and organizational commitment of the banking industry: Basis for corporate performance improvement framework

Fangzhou Li
article en

Abstract

The banking industry is at the forefront of economic development, and its performance is pivotal in driving financial stability and growth.This study aimed to determine the relationship among transformational leadership, organizational innovation climate, and organizational commitment of the banking industry as a basis for the formulation of the corporate performance improvement framework.The data gathered both offline and online were evaluated using a quantitative-descriptive method.Findings revealed that there is a significant relationship among transformational leadership, organizational innovation climate, and organizational commitment, and these three variables are found to mutually reinforce and bolster one another positively.Furthermore, based on the findings, the paper proposed a framework for improved corporate performance.Finally, the researcher put forward several recommendations for bank managers on training transformational leadership, creating an organizational innovation climate, and enhancing employee organizational commitment.

International Journal of Research Studies in ManagementVol. 12(10)
Climate action
Openalex Percentile: Top 77%
Organizational Leadership and Management Strategies
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