The Qualities of Servant Leadership and its Impact to Good Corporate Governance

Abstract

Servant leadership has a unique approach and has become widely used nowadays by successful leaders. Its impact on good corporate governance is undeniably exponential, and the business industry now demands skillful servant leaders to contribute to their success. In this paper, the researcher examined the qualities of servant leadership and its impact on good corporate governance. The researcher focused on the core elements of servant leadership and evaluated its impact on good corporate governance, which help companies to outperform others and to be able to attract investors for further financial growth. These four core tenets are service to others, a holistic approach to work, promoting a sense of community, and sharing of power in decision-making. This study is quantitative research which applies the descriptive method. Purposive sampling was used to identify the respondents. Survey questionnaires, which included two parts, were distributed to be able to find answers for this study’s purpose and research questions. The first part of the questionnaire identified the respondents’ profiles, while the second part evaluated the impact of servant leadership in good corporate governance. The researcher applied the Likert scale in the second part of the questionnaire to quantify the respondents’ evaluations. It was found in the study that most leaders today believe that the core elements of servant leadership is good corporate governance and should be applied more often to the fast-changing and highly competitive business world. Based on the analysis and interpretation of the theoretical and quantitative data, some of the perceived benefits concluded were: improved employee satisfaction, enhanced innovation, encouragement of diversity, and emphasis on employee well-being and training.