Impact of Strategic Leadership Dimensions on Financial Performance using Multiple Linear Regression : Study of Oil and Gas Companies in Libya

Authors

  • Walid Azaladien Ramadan Naja, Ungku Norulkamar ungku Ahmad

Keywords:

This study aims to investigate the impact of strategic leadership dimensions

Abstract

Objective: This study aims to investigate the impact of strategic leadership dimensions, specifically engaging with external stakeholders and managing conflicting demands, on the financial performance of oil and gas companies operating in Libya.
Methods: A comprehensive review of existing literature on strategic leadership and financial performance in the oil and gas industry was conducted. The analysis focused on studies examining the relationship between strategic leadership dimensions and financial performance, with a specific emphasis on the Libyan context.
Results: The findings indicate that while engaging with external stakeholders does not have a significant relationship with financial performance in Libyan oil and gas companies, managing conflicting demands exhibits a positive and significant association with financial performance. These results suggest that effective conflict management strategies play a crucial role in enhancing financial outcomes in the Libyan oil and gas industry.
Conclusion: The study highlights the complex dynamics between strategic leadership dimensions and financial performance in Libyan oil and gas companies. While stakeholder engagement may not directly impact financial performance, effective conflict management strategies are essential for achieving favorable financial outcomes. These findings contribute to the understanding of strategic leadership practices in the context of the Libyan oil and gas industry and provide insights for industry practitioners to enhance their financial performance. Further research can explore the specific mechanisms and dynamics that underlie the relationship between strategic leadership dimensions and financial performance in the Libyan context

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Published

2023-11-05

How to Cite

Walid Azaladien Ramadan Naja, Ungku Norulkamar ungku Ahmad. (2023). Impact of Strategic Leadership Dimensions on Financial Performance using Multiple Linear Regression : Study of Oil and Gas Companies in Libya. Utilitas Mathematica, 120, 557–572. Retrieved from https://utilitasmathematica.com/index.php/Index/article/view/1786

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