Examine the Mediating Impact of Sustainable Leadership between Board Diversity and Internal Control: Evidence from Nepal

Authors : Tribhuwan Kumar Bhatt

Pages : 1-25

Doi:10.47097/piar.1396511

View : 37 | Download : 50

Publication Date : 2024-06-30

Article Type : Research

Abstract :Industrialization of the global market has brought about an organized approach to managing an organization that has experienced significant expansion. This has given the company\'s leadership the insight to focus on sustainable growth and evolution while upholding control over internal procedures. Sustainability in leadership is an essential component of sustainable growth. To ensure sustainable development, board diversity has a significant effect on internal control and sustainable leadership. Consequently, the current study intended to investigate how sustainable leadership mediates the relationship between board diversity and the internal control prospect of Nepal. Using a self-administered questionnaire, the quantitative data was gathered from 162 respondents from different corporate enterprises. Partial least squares structural equation modeling (PLS-SEM) was used to analyze survey data. The findings indicate that internal control and board diversity are positively correlated. The result demonstrates that internal control is significantly impacted by sustainable leadership. The relationship between board diversity and internal control is mediated by sustainable leadership. According to the outcome, the purpose of accomplishing more ambitious future goals at an increased pace of sustainable growth is for business entities to concentrate on sustainable leadership.
Keywords : Yönetim Kurulu Çeşitliliği, İç Denetim, Sürdürülebilir Liderlik, Örgütsel Performans, Yapısal Eşitlik Modellemesi (YEM).