The Relationship Model among Transformational Leadership, Innovation Capability and Organizational Performance of Non-life Insurance Companies in Thailand
Keywords:
Transformational leadership, Innovation capability, Organizational performanceAbstract
This quantitative study aimed to examine a structural model of the relationships among transformational leadership, innovation capability, and organizational performance in non-life insurance companies in Thailand. The sample consisted of 384 executives, selected through stratified random sampling. The research instrument was a questionnaire measuring transformational leadership, innovation capability, and organizational performance, with high internal consistency (Cronbach’s alpha = 0.94). Data were analyzed using path analysis. The results revealed that the proposed model showed a good fit with the empirical data (χ²/df = 1.15, GFI = 0.98, AGFI = 0.96, RMSEA = 0.02, RMR = 0.01, CFI = 0.99, p-value = 0.25). Path analysis indicated that transformational leadership had a direct effect on organizational performance (β = 0.42, p < 0.05) and a direct effect on innovation capability (β = 0.68, p < 0.01). Moreover, innovation capability directly influenced organizational performance (β = 0.50, p < 0.05), and transformational leadership indirectly affected organizational performance through innovation capability (β = 0.76, p < 0.05). Based on these findings, it is recommended that non-life insurance companies focus on developing transformational leadership and enhancing innovation capability to improve organizational performance in a competitive and rapidly changing environment.
References
บุญฑริกา วงษ์วานิช. (2566). อิทธิพลของความสามารถเชิงพลวัต และนวัตกรรมที่มีต่อผลการดำเนินงานของอุตสาหกรรมไฟฟ้าและอิเล็กทรอนิกส์ในประเทศไทย. วารสารวิชาการธุรกิจและเศรษฐศาสตร์ คณะบริหารธุรกิจ มหาวิทยาลัยเทคโนโลยีราชมงคลธัญบุรี, 18(2), 59–74.
ปราณี มีหาญพงษ์ และ กรรณิการ์ ฉัตรดอกไม้ไพร. (2561). การตรวจสอบคุณภาพของเครื่องมือวิจัยทางการพยาบาล. วารสารพยาบาลทหารบก, 19(1), 9–15.
สมาคมประกันวินาศภัยไทย. (2566). ภาพรวมผลประกอบการธุรกิจประกันวินาศภัย. https://www.tgia.org/newsandevents-detail-EN_1344_1
สำนักงานคณะกรรมการกำกับและส่งเสริมการประกอบธุรกิจประกันภัย. (2566). ข้อมูลรายชื่อบริษัทประกันภัย. https://data.go.th/dataset/oicnl001
Arif, S., & Akram, A. (2018). Transformational leadership and organizational performance: The mediating role of organizational innovation. SEISENSE Journal of Management, 1(3), 59–75. https://doi.org/10.33215/sjom.v1i3.91
Bass, B. M., & Riggio, R. E. (2006). Transformational leadership (2nd ed.). Lawrence Erlbaum Associates.
Burns, N., & Grove, S. K. (2001). The practice of nursing research: Conduct, critique, and utilization (4th ed.). W.B. Saunders.
Daft, R. L. (2020). Management (14th ed.). Cengage Learning.
Gupta, K. K., Attri, J. P., Singh, A., Kaur, H., & Kaur, G. (2016). Basic concepts for sample size calculation: Critical step for any clinical trials!. Saudi Journal of Anesthesia, 10, 328–331. https://doi.org/10.4103/1658-354X.179509
Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2010). Multivariate data analysis (7th ed.). Pearson.
Kaplan, D. (2000). Structural equation modeling. Sage Publications.
Kaplan, R. S., & Norton, D. P. (2006). Alignment: Using the balanced scorecard to create corporate synergies. Harvard Business School Press.
Kline, R. B. (1998). Principles and practice of structural equation modeling. The Guilford Press.
Krejcie, R. V., & Morgan, D. W. (1970). Determining sample size for research activities. Educational and Psychological Measurement, 30(3), 607–610. https://doi.org/10.1177/001316447003000308
Overstreet, R. E., Hanna, J. B., Byrd, T. A., Cegielski, C. G., & Hazen, B. T. (2013). Leadership style and organizational innovativeness drive motor carriers toward sustained performance. The International Journal of Logistics Management, 24(2), 247–270. https://doi.org/10.1108/IJLM-01-2012-0003
Robbins, S. P., & Coulter, M. (2017). Management (13th ed.). Pearson Education.
Schumacker, R. E., & Lomax, R. G. (2004). A beginner’s guide to structural equation modeling (2nd ed.). Lawrence Erlbaum Associates.
Wang, C. L., & Ahmed, P. K. (2004). The development and validation of the organizational innovativeness construct using confirmatory factor analysis. European Journal of Innovation Management, 7(4), 303–313. https://doi.org/10.1108/14601060410565056
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Christian University of Thailand
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
