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Influence of third opinion leaders on decision making quality: a case on financial decision making

Many top leaders nowadays are relying on external parties to get ideas and information for more effective and quality decision making. For certain leaders, the power of thinking partners is the factor of success in their decision making process. This study therefore aimed to identify the influence o...

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Main Authors: Nik Maheran Nik Muhammad, Rikinorhakis Ridzwan
Format: Non-Indexed Article
Published: Mediterranean Center of Social and Educational Research Publishing 2015
Online Access:http://discol.umk.edu.my/id/eprint/8230/
http://www.mcser.org/journal/index.php/mjss/article/view/6194
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spelling my.umk.eprints.82302022-08-17T04:52:25Z http://discol.umk.edu.my/id/eprint/8230/ Influence of third opinion leaders on decision making quality: a case on financial decision making Nik Maheran Nik Muhammad Rikinorhakis Ridzwan Many top leaders nowadays are relying on external parties to get ideas and information for more effective and quality decision making. For certain leaders, the power of thinking partners is the factor of success in their decision making process. This study therefore aimed to identify the influence of third opinion leaders in enhancing the relationship between leadership styles and financial decision-making quality. Based on the initial work of Joni (2004 ) and Path-Goal theory, with 211 usable respondents using hierarchical regression analysis, shows that the quality of financial decision is significant and positively related to leadership behavior. Third opinion’s mind and third opinion’s relationship act as pure moderator, while third opinion’s focus was found to be a quasi-moderator. For theoretical implication, the findings suggest that the inclusion of the moderating variable will further enhance the understanding of the differential impact of leadership style under various contexts of decision-making situation, in this case, the third opinion. For future research, it is recommended that differences relation to leadership behavior should be studied more extensively to reach various kinds of comparative conclusions. Mediterranean Center of Social and Educational Research Publishing 2015 Non-Indexed Article NonPeerReviewed Nik Maheran Nik Muhammad and Rikinorhakis Ridzwan (2015) Influence of third opinion leaders on decision making quality: a case on financial decision making. Mediterranean Journal of Social Sciences, 6 (2). pp. 292-300. ISSN 2039-2117 http://www.mcser.org/journal/index.php/mjss/article/view/6194
institution Universiti Malaysia Kelantan
building Perpustakaan Universiti Malaysia Kelantan
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Kelantan
content_source UMK Institutional Repository
url_provider http://umkeprints.umk.edu.my/
description Many top leaders nowadays are relying on external parties to get ideas and information for more effective and quality decision making. For certain leaders, the power of thinking partners is the factor of success in their decision making process. This study therefore aimed to identify the influence of third opinion leaders in enhancing the relationship between leadership styles and financial decision-making quality. Based on the initial work of Joni (2004 ) and Path-Goal theory, with 211 usable respondents using hierarchical regression analysis, shows that the quality of financial decision is significant and positively related to leadership behavior. Third opinion’s mind and third opinion’s relationship act as pure moderator, while third opinion’s focus was found to be a quasi-moderator. For theoretical implication, the findings suggest that the inclusion of the moderating variable will further enhance the understanding of the differential impact of leadership style under various contexts of decision-making situation, in this case, the third opinion. For future research, it is recommended that differences relation to leadership behavior should be studied more extensively to reach various kinds of comparative conclusions.
format Non-Indexed Article
author Nik Maheran Nik Muhammad
Rikinorhakis Ridzwan
spellingShingle Nik Maheran Nik Muhammad
Rikinorhakis Ridzwan
Influence of third opinion leaders on decision making quality: a case on financial decision making
author_facet Nik Maheran Nik Muhammad
Rikinorhakis Ridzwan
author_sort Nik Maheran Nik Muhammad
title Influence of third opinion leaders on decision making quality: a case on financial decision making
title_short Influence of third opinion leaders on decision making quality: a case on financial decision making
title_full Influence of third opinion leaders on decision making quality: a case on financial decision making
title_fullStr Influence of third opinion leaders on decision making quality: a case on financial decision making
title_full_unstemmed Influence of third opinion leaders on decision making quality: a case on financial decision making
title_sort influence of third opinion leaders on decision making quality: a case on financial decision making
publisher Mediterranean Center of Social and Educational Research Publishing
publishDate 2015
url http://discol.umk.edu.my/id/eprint/8230/
http://www.mcser.org/journal/index.php/mjss/article/view/6194
_version_ 1763303954458869760
score 13.211869

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