The Impact of Spiritual Leadership on Entrepreneurial Orientation: A Study of Enterprises in Malawi Moderated by Technological Readiness
The Impact of Spiritual Leadership on Entrepreneurial Orientation: A Study of Enterprises in Malawi Moderated by Technological Readiness
Frank Dalitso Chozenga | 2024
Abstract
Entrepreneurial orientation is a predictor of better company performance and a source of competitive advantage in both corporations and medium-sized enterprises. In the Malawian context, a gap exist in research into the presence of entrepreneurial orientation in corporations and medium-sized enterprises and its antecedents. The aim of this study was to examine the relationship between spiritual leadership dimensions of vision, faith, altruistic love, calling, and membership and the entrepreneurial dimensions of proactiveness, innovativeness, risk-taking, competitive aggressiveness, and autonomy. Technological readiness was the moderating variable and organizational age and organizational type were the control variables. Two questions guided this study: (a) does spiritual leadership positively influence entrepreneurial orientation in Malawian companies? and (b) does technological readiness moderate the strength of the relationship between spiritual leadership and entrepreneurial orientation? Data was collected from 322 participants sampled from listed companies and medium-sized companies in Malawi. The analysis of data occurred in four parts: correlation analysis, Hayes mediation analysis, Hayes moderation analysis, and the five moderated hierarchical multiple regression analyses. The findings from this study highlighted that spiritual leadership, precisely the dimensions of vision and altruistic love, are significant predictors of entrepreneurial orientation. A partial or full mediation of calling and membership on the relationship between spiritual values of vision, faith, and altruistic love and the entrepreneurial orientation dimensions of proactiveness, innovativeness, risk-taking, competitive aggressiveness, and autonomy was also found. Lastly, the findings demonstrated a weak moderation effect of technological readiness on the relationship between spiritual leadership and entrepreneurial orientation. Overall, the study highlighted the importance of spiritual leadership and spiritual well-being as predictors of entrepreneurial orientation in Malawian corporate and medium-sized enterprises.
Key Words: Corporate companies, entrepreneurial orientation, medium-sized enterprises, spiritual leadership, technological readiness