Factors Affecting the Decision-Making Styles of Branch Managers in Private Sector Banks

Hathurusinghe H.D.H.s and Jayawardena L.N.A.c
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Hathurusinghe H.D.H.s: Faculty of Agriculture, University of Peradeniya
Jayawardena L.N.A.c: Faculty of Agriculture, University of Peradeniya

International Journal of Research and Innovation in Applied Science, 2024, vol. 9, issue 1, 199-207

Abstract: Amidst a global recession, private banks grapple with challenges. This study has aimed to identify decision-making styles of 72 branch managers in five private sector banks of Sri Lanka, assessing the impact of perceived stress, self-efficacy, and heuristics. Results (using Multinomial logistic regression and correlation analyses), reveal a predominant rational decision-making style. The gender of the individual and the level of experience of managers in the banking sector, indicates a significant impact on the spontaneous decision-making style. Branch managers’ perceived stress positively correlates with dependent, avoidant, and spontaneous styles (p

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bjf:journl:v:9:y:2023:i:1:p:199-207

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