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ARPN Journal of Science and Technology >> Volume 7, Issue 1, January 2017

ARPN Journal of Science and Technology


Impact of Leadership Statistically Speaking

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Author Amaresh Das, Igwe E Udeh
ISSN 2225-7217
On Pages 919-927
Volume No. 3
Issue No. 9
Issue Date October 01, 2013
Publishing Date October 01, 2013
Keywords Neo-classical framework, joint probability, maximum likelihood estimate, Akaike information criterion, Schwarz information criterion



Abstract

This paper estimates the influence of leadership on company performance. We consider three dimensions of performance -profit, profitability and stock prices and attempt to find empirical evidence of the impact of leadership on each of them using data from the U.S. from 1990 through 2008. The purpose of the paper is wholly devoted to measuring the impact of a quantitative link between company performance and leadership in a model sense, although, admittedly, the leadership style as well as performance is mediated by the form of organizational culture that is present. The intention of the paper is not to explore the differences in the strategic vision of a leader and a non-leader or to compare their differences in the personal qualities, firm and industry context, or examine the effect of these contextual variables on dimensions of vision.


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