The Impact of Trust–Building Leadership Behaviour at Selected Organisations in the Financial Sector

30 September 2024DOI: https://doi.org/10.33893/FER.23.3.140

Author information:

Emőke Nyéki https://orcid.org/0000-0002-1095-6845: Budapest University of Technology, PhD Student. E-mail:

Márta Juhász https://orcid.org/0000-0002-3481-522X: Budapest University of Technology, Habilitated Associate Professor. E-mail:

Abstract:

The study investigates the extent to which trust is reflected in managers’ behaviour in treating employees and how this is perceived by subordinates. Our analysis was conducted using the Pearson’s chi-square test and tests determining the likelihood ratio and linear relationship. Analysing the responses of a total of 556 employees from four financial organisations, we examined how managers can build trust with their employees and how, beyond the treatment by managers, the degree of change perceived within the organisation and the attitude of trust in employees affected employee engagement. The findings confirm that the experience of trust has a knock-on effect on the manager: it increases the manager’s internal security and self-confidence, which serves as an additional resource to reinforce the atmosphere of trust within the organisation.

Cite as (APA):

Nyéki, E., & Juhász, M. (2024). The Impact of Trust–Building Leadership Behaviour at Selected Organisations in the Financial Sector. Financial and Economic Review, 23(3), 140–170. https://doi.org/10.33893/FER.23.3.140

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Column:

Study

Journal of Economic Literature (JEL) codes:

M00, M51, M54, M55

Keywords:

trust, leadership, people management, change

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