ISSN 2167-0439
International Journal of Management and Business Studies ISSN 2167-0439 Vol. 6 (4), pp. 330-342, April, 2016. © International Scholars Journals
Full Length Research Paper
Leadership styles among managers at functional levels and generation of new models for banking sectors in North Cyprus
Abdul Saeed Ajmal
Girne American University, Lefkoşa, Turkish Republic of Northern Cyprus.
E-mail: [email protected]
Accepted 21 February, 2016
Abstract
The purpose of this study was to examine the leadership styles among managers at functional levels and generate a new model for the growing sector in North Cyprus’ banking sector as its setting. A total number of 85 usable questionnaires were personally retrieved from managers in the research premises. The hypothesized relationships were tested using descriptive statistics in SPSS version 16. Overall, the results reveal that managers in the North Cyprus banking sector exhibit task-oriented leadership style. Importantly, while the older managers were found to be less people-oriented leaders, on the other hand, younger managers were found to be more task-oriented leaders. Surprisingly, the female managers were found to be more task-oriented leaders in this context. This research makes useful contributions to the current knowledge base and the related industry by exclusively generating a new model for the small island economies.
Key words: North Cyprus, banking sector, leadership style, island economies.