Management Leadership Styles and Profitability of Production Firms in South East, Nigeria

• Post by: airjournals
• October 21, 2023
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Authored by

Chigbo, Chinenye Christiana^a & Prof. Adonai O. Okonkwo^b

^abDepartment of Business Administration, Enugu state University of Science and Technology

Abstract The study examined the relationship between management leadership styles and profitability of production firms in SouthEast, Nigeria. The specific objectives include to examine the extent of which autocratic leadership relates to profitability of production firms in South East, Nigeria and to investigate the extent of which democratic leadership relates to profitability of production firms in South East, Nigeria. The study adopted survey research design. The sample size of the study was 132 using purposive statistical method under what previous authors did. Questionnaire instrument was validated. The findings revealed that autocratic leadership had significant positive relationship with profitability of production firms in South East, Nigeria (t=.034, pv=0.05<0.000) and democratic leadership had significant positive relationship with profitability of production firms in South East, Nigeria (t=.049, pv=0.05<0.000). Based on findings, we conclude that conclude that management leadership styles had significant positive relationship with profitability of production firms in South East, Nigeria. Based on findings, the study recommended that government should put adequate leadership training, workshop and seminars to enable production boost their workers intellectual ability. Keywords: Management Leadership Style; Profitability of Production Firms; Autocratic Leadership

Citation: Chigbo, C. C. & Okonkwo, A. O. (2023). Management Leadership Styles and Profitability of Production Firms in South East, Nigeria. Contemporary Journal of Management 5(4), 1-16. https://doi.org/10.5281/zenodo.10029469