State of Play in the Implementation of the Principles of Inclusive Leadership in Fintech Companies in Lithuania

Justina Budreikaitė (), Violeta Rapuano and Agota Giedrė Raišienė
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Justina Budreikaitė: Social Inclusion and Leadership Research Laboratory, Mykolas Romeris University, LT-08303 Vilnius, Lithuania
Violeta Rapuano: Social Inclusion and Leadership Research Laboratory, Mykolas Romeris University, LT-08303 Vilnius, Lithuania
Agota Giedrė Raišienė: Social Inclusion and Leadership Research Laboratory, Mykolas Romeris University, LT-08303 Vilnius, Lithuania

Merits, 2024, vol. 4, issue 4, 1-14

Abstract: The multifaceted challenges posed by globalization, medical advancements, conflicts and crises necessitate a critical examination of social and organizational inclusion. Despite the acknowledged advantages of inclusive leadership (IL), there remains a significant research gap concerning the perceptions of IL among diverse employee groups, particularly within heterogeneous organizations. This study aims to bridge this gap by exploring the perceptions of IL across various sociodemographic groups within fintech companies in Lithuania. By concentrating on this rapidly evolving sector, this research enhances the understanding of IL by assessing how sociodemographic variables influence perceptions of inclusive leadership practices. A total of 236 responses were analyzed using the Mann–Whitney U and Kruskal–Wallis tests, supplemented by the Bonferroni correction to ensure statistical robustness. The findings elucidate the dynamics of IL within the fast-paced fintech environment, revealing unique challenges and opportunities to foster organizational inclusivity. The implications of this research provide actionable insights for industry leaders striving to implement IL strategies that empower minority groups and enhance overall organizational performance. Although the results indicate that fintech organizations have made strides in embedding IL principles, these advancements are not uniformly experienced across diverse employee demographics. Specifically, this study identifies significant disparities in IL perceptions between employees of other genders and those with health-related impairments. Acknowledging certain limitations, particularly the small sample sizes of some examined employee subgroups, this study advocates for further research to yield generalizable findings that can inform and improve inclusive organizational practices.

Keywords: inclusive leadership; organizational inclusion; diversity management; fintech; Lithuania (search for similar items in EconPapers)
JEL-codes: J L M (search for similar items in EconPapers)
Date: 2024
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