Female Entrepreneur Leadership Style and Business Succes

Nkiruka Eugenia Ifekwem and Jennifer Chinenye Okey-Nwosu
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Nkiruka Eugenia Ifekwem: Department of Business Administration, Bells University of Technology, Ota, Nigeria
Jennifer Chinenye Okey-Nwosu: Department of Business Administration, Bells University of Technology, Ota, Nigeria

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2023, vol. 24, issue 1, 129-140

Abstract: This study examines the effect of leadership styles in enhancing business success. The objective of the study was to identify leadership styles adopted by female entrepreneurs and examined the key characteristics of leadership style differences by gender. Data collected were statistically analyzed using frequency distribution, chi-square and correlative methods were used to establish basis for accepting or rejecting the stated hypotheses. The study revealed that female entrepreneurs have engaged themselves in varieties of leadership styles, amongst are transformational leadership, democratic style, autocratic leadership, etc. However, while making gender comparison, findings revealed that male performs excellently in entrepreneurial leadership compare to female who faces constraints from social structure, culture and tradition. Meanwhile, some of the challenges women faced in their entrepreneurial endeavours was attributed to poor communication skills, poor time management, lacking of basic management skills and information, and insufficient fund to influence cash flow. The study therefore, recommends that women entrepreneurs should be given full support against all issues that may be affecting their progress in entrepreneurship. Issues such as social/family structure, culture, tradition, lacking of basic management skills and information, and insufficient fund should be dealt with through the cooperation of family empathy and support, personal growth management and government support programme should be transformed in this favour.

Keywords: Entrepreneur; Leadership; Female; Business success (search for similar items in EconPapers)
JEL-codes: F16 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:24:y:2023:i:1:p:129-140

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