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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 9 Issue 12 pp. 2105-2120 , 2019

The impact of leadership style and corporate social responsibility practices on financial performance: Evidence from Textile industry Pages 2105-2120 Right click to download the paper Download PDF

Authors: Thi Diep Uyen Doan, Van Hung Bui, Thi Thu Hien Phan, Xuan Hung Nguyen, Thi Kim Lien Tran

DOI: 10.5267/j.msl.2019.6.023

Keywords: Leadership style, Corporate social responsibility, Financial performance

Abstract: The objective of this article is to assess the impact of leadership style on deciding to implement cor-porate social responsibility (CSR) for Nam Dinh textile garment enterprises. At the same time, the article examines the mediate role of CSR on the relationship between transformational leadership and financial performance. Moreover, the article verifies the moderate role of firm size in the relationship between transformational leadership and financial performance, Stakeholder - oriented marketing plays a moderate role in the relationship between transformational leadership and CSR practice and moderate role of transactional leadership style in the relationship between CSR practice and financial performance. Analysis was conducted on 168 textile garment enterprises in Nam Dinh. The results show that CSR played a mediate role in the relationship between transformational leadership and financial performance. At the same time, all moderator variables were statistically significant. The result encourages Nam Dinh textile and garment enterprises to conduct business ethically towards sustainable development by implementing CSR.

How to cite this paper
Doan, T., Bui, V., Phan, T., Nguyen, X & Tran, T. (2019). The impact of leadership style and corporate social responsibility practices on financial performance: Evidence from Textile industry.Management Science Letters , 9(12), 2105-2120.

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Journal: Management Science Letters | Year: 2019 | Volume: 9 | Issue: 12 | Views: 2213 | Reviews: 0

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