Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic

The COVID-19 pandemic shocked the global economy, with numerous companies suffering losses and shutting down. However, some companies proved to be resilient, being able to sustain their economic performance despite the pandemic. The study aims to explain the sustainable economic performance of compa...

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Autores principales: Baira Faulks, Yinghua Song, Moses Waiganjo, Bojan Obrenovic, Danijela Godinic
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Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/349c62ae42ea4183bd6c6171c9c80c87
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spelling oai:doaj.org-article:349c62ae42ea4183bd6c6171c9c80c872021-11-25T19:01:15ZImpact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic10.3390/su1322124652071-1050https://doaj.org/article/349c62ae42ea4183bd6c6171c9c80c872021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12465https://doaj.org/toc/2071-1050The COVID-19 pandemic shocked the global economy, with numerous companies suffering losses and shutting down. However, some companies proved to be resilient, being able to sustain their economic performance despite the pandemic. The study aims to explain the sustainable economic performance of companies during the COVID-19 pandemic. The relationships between empowering leadership, innovative work behavior, organizational readiness to change, and sustainable economic performance were assessed. The data were collected via an online questionnaire from January 2021 to March 2021, during the height of the COVID-19 pandemic in Russia. The respondents were Russian companies’ employees holding management positions, competent to objectively assess organizational circumstances during the COVID-19 pandemic. A sample of 337 was used in the analysis. Confirmatory factor analysis (CFA) with maximum likelihood estimation was conducted using SPSS AMOS. The structural model was tested with standardized parameter estimates, standard errors, and <i>p</i>-values calculated. The findings of the study suggest that innovative work behavior and organizational readiness to learn have a direct influence on sustainable economic performance. The findings also suggest that empowering leadership impacts innovative work behavior but not sustainable economic performance. The mediation analysis indicates that innovative work behavior is a mediator between empowering leadership and sustainable economic performance, whereas organizational readiness to learn is not a moderator. The study adds to the leadership and sustainability body of knowledge and contributes to the research on the COVID-19 pandemic in the organizational context.Baira FaulksYinghua SongMoses WaiganjoBojan ObrenovicDanijela GodinicMDPI AGarticleempowering leadershipsustainable economic performanceCOVID-19 pandemiccompany performance during COVID-19innovative work behaviororganizational readiness to learnEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12465, p 12465 (2021)
institution DOAJ
collection DOAJ
language EN
topic empowering leadership
sustainable economic performance
COVID-19 pandemic
company performance during COVID-19
innovative work behavior
organizational readiness to learn
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
spellingShingle empowering leadership
sustainable economic performance
COVID-19 pandemic
company performance during COVID-19
innovative work behavior
organizational readiness to learn
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
Baira Faulks
Yinghua Song
Moses Waiganjo
Bojan Obrenovic
Danijela Godinic
Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic
description The COVID-19 pandemic shocked the global economy, with numerous companies suffering losses and shutting down. However, some companies proved to be resilient, being able to sustain their economic performance despite the pandemic. The study aims to explain the sustainable economic performance of companies during the COVID-19 pandemic. The relationships between empowering leadership, innovative work behavior, organizational readiness to change, and sustainable economic performance were assessed. The data were collected via an online questionnaire from January 2021 to March 2021, during the height of the COVID-19 pandemic in Russia. The respondents were Russian companies’ employees holding management positions, competent to objectively assess organizational circumstances during the COVID-19 pandemic. A sample of 337 was used in the analysis. Confirmatory factor analysis (CFA) with maximum likelihood estimation was conducted using SPSS AMOS. The structural model was tested with standardized parameter estimates, standard errors, and <i>p</i>-values calculated. The findings of the study suggest that innovative work behavior and organizational readiness to learn have a direct influence on sustainable economic performance. The findings also suggest that empowering leadership impacts innovative work behavior but not sustainable economic performance. The mediation analysis indicates that innovative work behavior is a mediator between empowering leadership and sustainable economic performance, whereas organizational readiness to learn is not a moderator. The study adds to the leadership and sustainability body of knowledge and contributes to the research on the COVID-19 pandemic in the organizational context.
format article
author Baira Faulks
Yinghua Song
Moses Waiganjo
Bojan Obrenovic
Danijela Godinic
author_facet Baira Faulks
Yinghua Song
Moses Waiganjo
Bojan Obrenovic
Danijela Godinic
author_sort Baira Faulks
title Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic
title_short Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic
title_full Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic
title_fullStr Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic
title_full_unstemmed Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic
title_sort impact of empowering leadership, innovative work, and organizational learning readiness on sustainable economic performance: an empirical study of companies in russia during the covid-19 pandemic
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/349c62ae42ea4183bd6c6171c9c80c87
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