Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Entrepreneurial Leadership, Turnover Intention and Profitability Nexus

Author(s): Chijioke Nwachukwu, Vu Minh Hieu

 This study aims to provide insights into entrepreneurial leadership among employees of Small and Medium Enterprises (SMEs) by demonstrating the relationships between entrepreneurial leadership, turnover intention and profitability. The study uses responses from 150 SMEs in Ghana relying on regression analysis techniques to test the research propositions. This study validates the assumptions that entrepreneurial leadership influence turnover intention of employees. This study also affirms that entrepreneurial leadership foster SMEs profitability. While our findings may be limited to the context examined, nonetheless this study adds to the emergent scholarship on entrepreneurial leadership. This study enriches the understanding of the entrepreneurial leadership, turnover intention, and profitability of domesticated SMEs. The absence of entrepreneurial leadership can have a negative effect on turnover intention and profitability.

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