Effect of Leadership Styles in Employee Performance During COVID Pandemic: Evidence from the Banking Sector of Pakistan

  • Syed Zaryaab Zaib Superior University, Lahore, Pakistan
  • Naveed Ul Haq University of Management and Technology
  • Uzma Kashif Superior University, Lahore, Pakistan
Keywords: Transformational Leadership, Transactional Leadership, Laissez-faire style Leadership, Work Engagement, Employee Performance, PLS-SEM

Abstract

The Covid-19 epidemic is harming the world economy. Due to the economic domino effect, practically all business sectors are affected. Because of the economic slump and modification in client transaction penchants, COVID-19 had a considerable sway on the banking industry. During the COVID-19 pandemic in the banking industry, this paper intends to determine and evaluate the direct and indirect possessions of transformational, transactional leadership, and laissez-faire leadership on employee performance because of the indirect influence mediated by work engagement. The findings revealed that transformational leadership has a progressive but little influence on employee performance, but transactional management has a positive and considerable influence. Furthermore, through mediating the influence of work engagement, transformational leadership's influence on employee performance became positive and substantial. Meanwhile, in the appearance of the COVID-19 Pandemic, work engagement was much higher, bolstering the influence of transactional leadership on employee performance in the banking industry.

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Published
2022-12-25
How to Cite
Zaryaab Zaib, S., Ul Haq, N., & Kashif, U. (2022). Effect of Leadership Styles in Employee Performance During COVID Pandemic: Evidence from the Banking Sector of Pakistan. Journal of Finance and Accounting Research, 4(2), 01-31. Retrieved from https://ojs.umt.edu.pk/index.php/jfar/article/view/1304
Section
Articles