Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions

Ikhtiar Mohammad; Shah Ridwan Chowdhury; Nehad Laila Sanju

doi:doi:10.11648/j.ajtab.20170303.11

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Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions

Ikhtiar Mohammad, Shah Ridwan Chowdhury, Nehad Laila Sanju

Published in American Journal of Theoretical and Applied Business (Volume 3, Issue 3)

Received: 26 April 2017 Accepted: 6 June 2017 Published: 21 July 2017

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Abstract

This paper reviews literature as well as explores analytical findings on leadership styles from the practical perspective. For this purpose, the banking industry of Bangladesh is taken as a sample industry. The sample units are taken from ten private and public commercial banks and non-bank financial institutions. The objective of this study is to explore the leadership practices in the banking industry of Bangladesh. Primary data has been collected from the top, mid and operational level officials of different banking institutions through face-to-face individual interviews using questionnaire. Analysis has been done from both leaders’ and subordinates’ perspectives. Major finding is that the most practiced leadership style according to both leaders and subordinates is bureaucratic style and the least used leadership style is laissez-faire style.

Published in	American Journal of Theoretical and Applied Business (Volume 3, Issue 3)
DOI	10.11648/j.ajtab.20170303.11
Page(s)	36-42
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Leadership Style, Banking Industry, Financial Institution, Bangladesh

References

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[8]	Foster, D. E. (2002). A method of comparing follower satisfaction with the Authoritarian, Democratic, and Laissez-faire Styles of leadership. Communication Teacher 16 (2): 4–6.
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[10]	Hackman, M. Z., & Johnson, C. E. (2009). Leadership: A communication Perspective (5th ed.). Long Grove, IL, Waveland Press.
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[12]	Jain, A., & Chaudhary, S. (2014). Leadership Styles of Bank Managers in Nationalized Commercial Banks of India. SMS - Varanasi, 98-105.
[13]	Johnson, C. E.; Hackman, M. Z. (2003). Leadership, a communication perspective (4 ed.). Waveland Press. p. 38. ISBN 9781577662846.
[14]	Kunin, S. D. (2003). Religion: the modern theories, University of Edinburgh, p. 40. ISBN 0-7486-1522-9.
[15]	Kroeck, K. G., Lowe, K. B., & Sivasubramaniam, N. (1996). Effectiveness correlates of transformational and transactional leadership: A meta-analytic review of the MLQ literature. The Leadership Quarterly, 7 (3), 385-425.]
[16]	Karavelioğlu, A. M. (2014). Analysis of Leadership Styles in Banking Sector in North Cyprus: Testing Factors Effecting Authoritarian Style and a Model for Banking Sector in a Small Island Economy. International Journal of Regional Development, 39-64.
[17]	Mehta, D. S., & Kaur, R. (2016). A Review Paper on leadership styles of managers among public and private sector banks and its relationship with other constructs. International Journal of New Innovations in Engineering and Technology, 107-115.
[18]	Rao, T. V. and Rao, Raju (2012) ‘‘A study of leadership styles and their impact’’ Academy of HRD, International research conference on HRD IN Asia, 2012, IIM Banglore.
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APA Style

Ikhtiar Mohammad, Shah Ridwan Chowdhury, Nehad Laila Sanju. (2017). Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions. American Journal of Theoretical and Applied Business, 3(3), 36-42. https://doi.org/10.11648/j.ajtab.20170303.11

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ACS Style

Ikhtiar Mohammad; Shah Ridwan Chowdhury; Nehad Laila Sanju. Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions. Am. J. Theor. Appl. Bus. 2017, 3(3), 36-42. doi: 10.11648/j.ajtab.20170303.11

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AMA Style

Ikhtiar Mohammad, Shah Ridwan Chowdhury, Nehad Laila Sanju. Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions. Am J Theor Appl Bus. 2017;3(3):36-42. doi: 10.11648/j.ajtab.20170303.11

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@article{10.11648/j.ajtab.20170303.11,
  author = {Ikhtiar Mohammad and Shah Ridwan Chowdhury and Nehad Laila Sanju},
  title = {Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions},
  journal = {American Journal of Theoretical and Applied Business},
  volume = {3},
  number = {3},
  pages = {36-42},
  doi = {10.11648/j.ajtab.20170303.11},
  url = {https://doi.org/10.11648/j.ajtab.20170303.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20170303.11},
  abstract = {This paper reviews literature as well as explores analytical findings on leadership styles from the practical perspective. For this purpose, the banking industry of Bangladesh is taken as a sample industry. The sample units are taken from ten private and public commercial banks and non-bank financial institutions. The objective of this study is to explore the leadership practices in the banking industry of Bangladesh. Primary data has been collected from the top, mid and operational level officials of different banking institutions through face-to-face individual interviews using questionnaire. Analysis has been done from both leaders’ and subordinates’ perspectives. Major finding is that the most practiced leadership style according to both leaders and subordinates is bureaucratic style and the least used leadership style is laissez-faire style.},
 year = {2017}
}

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TY  - JOUR
T1  - Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions
AU  - Ikhtiar Mohammad
AU  - Shah Ridwan Chowdhury
AU  - Nehad Laila Sanju
Y1  - 2017/07/21
PY  - 2017
N1  - https://doi.org/10.11648/j.ajtab.20170303.11
DO  - 10.11648/j.ajtab.20170303.11
T2  - American Journal of Theoretical and Applied Business
JF  - American Journal of Theoretical and Applied Business
JO  - American Journal of Theoretical and Applied Business
SP  - 36
EP  - 42
PB  - Science Publishing Group
SN  - 2469-7842
UR  - https://doi.org/10.11648/j.ajtab.20170303.11
AB  - This paper reviews literature as well as explores analytical findings on leadership styles from the practical perspective. For this purpose, the banking industry of Bangladesh is taken as a sample industry. The sample units are taken from ten private and public commercial banks and non-bank financial institutions. The objective of this study is to explore the leadership practices in the banking industry of Bangladesh. Primary data has been collected from the top, mid and operational level officials of different banking institutions through face-to-face individual interviews using questionnaire. Analysis has been done from both leaders’ and subordinates’ perspectives. Major finding is that the most practiced leadership style according to both leaders and subordinates is bureaucratic style and the least used leadership style is laissez-faire style.
VL  - 3
IS  - 3
ER  -

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Author Information

Ikhtiar Mohammad

Research and Evaluation Division, Dhaka, Bangladesh
Shah Ridwan Chowdhury

Department of Management, University of Dhaka, Dhaka, Bangladesh
Nehad Laila Sanju

Department of Management Information Systems, University of Dhaka, Dhaka, Bangladesh

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APA Style

Ikhtiar Mohammad, Shah Ridwan Chowdhury, Nehad Laila Sanju. (2017). Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions. American Journal of Theoretical and Applied Business, 3(3), 36-42. https://doi.org/10.11648/j.ajtab.20170303.11

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ACS Style

Ikhtiar Mohammad; Shah Ridwan Chowdhury; Nehad Laila Sanju. Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions. Am. J. Theor. Appl. Bus. 2017, 3(3), 36-42. doi: 10.11648/j.ajtab.20170303.11

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AMA Style

Ikhtiar Mohammad, Shah Ridwan Chowdhury, Nehad Laila Sanju. Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions. Am J Theor Appl Bus. 2017;3(3):36-42. doi: 10.11648/j.ajtab.20170303.11

Copy | Download

@article{10.11648/j.ajtab.20170303.11,
  author = {Ikhtiar Mohammad and Shah Ridwan Chowdhury and Nehad Laila Sanju},
  title = {Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions},
  journal = {American Journal of Theoretical and Applied Business},
  volume = {3},
  number = {3},
  pages = {36-42},
  doi = {10.11648/j.ajtab.20170303.11},
  url = {https://doi.org/10.11648/j.ajtab.20170303.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20170303.11},
  abstract = {This paper reviews literature as well as explores analytical findings on leadership styles from the practical perspective. For this purpose, the banking industry of Bangladesh is taken as a sample industry. The sample units are taken from ten private and public commercial banks and non-bank financial institutions. The objective of this study is to explore the leadership practices in the banking industry of Bangladesh. Primary data has been collected from the top, mid and operational level officials of different banking institutions through face-to-face individual interviews using questionnaire. Analysis has been done from both leaders’ and subordinates’ perspectives. Major finding is that the most practiced leadership style according to both leaders and subordinates is bureaucratic style and the least used leadership style is laissez-faire style.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Leadership Styles Followed in Banking Industry of Bangladesh: A Case Study on Some Selected Banks and Financial Institutions
AU  - Ikhtiar Mohammad
AU  - Shah Ridwan Chowdhury
AU  - Nehad Laila Sanju
Y1  - 2017/07/21
PY  - 2017
N1  - https://doi.org/10.11648/j.ajtab.20170303.11
DO  - 10.11648/j.ajtab.20170303.11
T2  - American Journal of Theoretical and Applied Business
JF  - American Journal of Theoretical and Applied Business
JO  - American Journal of Theoretical and Applied Business
SP  - 36
EP  - 42
PB  - Science Publishing Group
SN  - 2469-7842
UR  - https://doi.org/10.11648/j.ajtab.20170303.11
AB  - This paper reviews literature as well as explores analytical findings on leadership styles from the practical perspective. For this purpose, the banking industry of Bangladesh is taken as a sample industry. The sample units are taken from ten private and public commercial banks and non-bank financial institutions. The objective of this study is to explore the leadership practices in the banking industry of Bangladesh. Primary data has been collected from the top, mid and operational level officials of different banking institutions through face-to-face individual interviews using questionnaire. Analysis has been done from both leaders’ and subordinates’ perspectives. Major finding is that the most practiced leadership style according to both leaders and subordinates is bureaucratic style and the least used leadership style is laissez-faire style.
VL  - 3
IS  - 3
ER  -

Copy | Download