Transformational and Transactional Leadership: An Examination of Managerial Cognition Among Spanish Upper Echelons

24 Pages Posted: 19 Sep 2007

Date Written: March 30, 2006

Abstract

Transformational leadership predicts follower's satisfaction and performance beyond traditional forms of leadership. However, little is known about the beliefs system associated with transformational leaders. Taking a cognitive perspective, we examined how the managerial beliefs that executives hold about their followers relate to their perceived leadership style among a sample of 76 Presidents and CEO´s of Spain largest firms. The results support the idea that executives with a learning orientation are more likely to report a transformational leadership style; whereas executives with a performance goal orientation are more likely to report a transactional leadership style. We also found that self-rated transformational leaders hold stronger Theory Y beliefs than self-rated transactional leaders. Furthermore, we found that these mental associations are held to a stronger degree for executives with graduate degrees of formal education. These results are discussed in terms of their significance for transformational leadership theory and leadership development.

Keywords: Transformational Leadership, Managerial Cognition, Goal orientation, Theory Y

JEL Classification: L2, M5

Suggested Citation

Pastor, Juan Carlos and Mayo, Margarita, Transformational and Transactional Leadership: An Examination of Managerial Cognition Among Spanish Upper Echelons (March 30, 2006). Instituto de Empresa Business School Working Paper No. WP06-13. Available at SSRN: https://ssrn.com/abstract=1015363 or http://dx.doi.org/10.2139/ssrn.1015363

Margarita Mayo

Fundación Instituto de Empresa, S.L. ( email )

Mª Molina, 12 - 5º
Madrid, 28006
Spain
915689741 (Phone)

No contact information is available for Juan Carlos Pastor

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