Page 32 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.77, # 2, 2020, pp. 4-39

* Statistically signi ficant at the level (α >= 0.01).
It is evident from the statistical results presented in Table No. (13), and from the
follow-up of the (t) test values that the following sub-variables related (leadership
attractiveness, inspiring motivation, individual interest) have an impact on the
strategic response as a dimension of strategic agility. t) calculated (4.757, 2.631,
6.339), respectively, which are significant values at the level of significance (α >=
0.01). And that the related sub-variable (creative encouragement) has an impact on
the strategic response as a dimension of strategic agility, as the calculated (t) values
reached (2.131), respectively, which are significant values at the level of
significance (α >= 0.05).

From the above, the following requires: Rejecting the null hypothesis, which states
that: There is no statistically significant effect at the level of significance (α >= 0.05)
of transformational leadership in its dimensions (leadership attractiveness, inspiring
motivation, creative encouragement, individual interest) in the strategic response as
a dimension of Dimensions of strategic agility.

Table 14: Results of a Stepwise Multiple Regression analysis to predict strategic
response through transformational leadership dimensions as independent variables.
The order of entry of the R2 value The computed t The significance
independent elements into The coefficient of value level of t
the prediction equation determination
Individual attention 0.348 * 6.493 0.000
Driving attractiveness 0.431 * 4.905 0.000
Inspiring motivation 0.470 * 2.760 0.006
Creative encouragement 0.478 ** 2.398 0.017

* Statistically significant at the level (α >= 0.01)

** Statistical significance at the level of (α >= 0.05)
And when performing a stepwise multiple regression analysis to determine the
importance of each independent variable separately in contributing to the mathematical
model, which represents the impact of transformational leadership in its dimensions
(leadership attractiveness, inspiring motivation, creative encouragement, individual
interest) in the strategic response as a dimension of strategic agility. As can be seen from
Table No. (14), which shows the order of entry of the independent variables into the
regression equation, the individual interest variable occupied the first place and
explained an amount (34.8%) of the variance in the dependent variable, and the driving
attractiveness variable entered as it was explained with the individual interest variable.

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