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

International Journal of Research Studies in Management
CollabWritive Special Issue
2024 Volume 12 Issue 10

Available Online: 15 August 2024

Author/s:

Li, Fangzhou
Graduate School, Lyceum of the Philippines University – Batangas, Philippines

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.

Keywords: transformational leadership, organizational innovation climate, organizational commitment, banking industry, corporate performance improvement framework

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DOI: https://doi.org/10.5861/ijrsm.2024.1242

Cite this article:
Li, F. (2024). Transformational leadership, organizational innovation climate, and organizational commitment of the banking industry: Basis for corporate performance improvement framework. International Journal of Research Studies in Management, 12(10), 173-185. https://doi.org/10.5861/ijrsm.2024.1242