Strengthening Legal Compliance in the Financial Sector Through Regulations

Abstract

Leadership significantly impacts employee empowerment and talent development, which are crucial factors for organizational success in a globalized economy. This research aims to evaluate the effects of transformational, transactional, servant, and authentic leadership styles on employee empowerment and talent development across diverse cultural contexts internationally. Utilizing a juridical research approach, the study employed purposive sampling from multinational corporations in North America, Europe, Asia, and Africa, targeting leaders and employees at various hierarchical levels. A structured questionnaire with validated scales was used to measure leadership styles, employee empowerment, and talent development, supplemented by semi-structured interviews for deeper insights. Descriptive statistics, inferential analyses (ANOVA, regression), and thematic analysis were employed to interpret the data comprehensively. The findings reveal that transformational leadership universally enhances employee empowerment, significantly increasing autonomy, motivation, and job satisfaction. Transactional leadership showed limited effectiveness, primarily benefiting structured, routine environments. Servant leadership effectively increased organizational commitment and loyalty, particularly within collectivist cultures. Authentic leadership notably improved cross-cultural adaptability, fostering inclusive and adaptive work environments. These insights highlight the varying impacts of leadership styles on employee outcomes across different cultural and organizational settings. The study offers strategic guidance for multinational corporations to optimize leadership styles for enhanced empowerment, innovation, adaptability, and employee loyalty across global markets. By aligning leadership practices with cultural and organizational contexts, companies can foster a more engaged and productive workforce, ultimately driving long-term success in a competitive global economy.