Empreendedorismo e Gestão Organizacional

Impact of Entrepreneurial Leadership Style on Business Performance of SMEs in Tanzania

Abstract

Tresphory Othumary Mgeni*

This study attempts to explore the extent to which entrepreneurial leadership style is used by CEOs in Tanzanian SMEs. The study also attempts to determine the relationship between entrepreneurial leadership style of CEOs and business performance of small and Medium Enterprises (SMEs) CEOs in Tanzania. The research is based on primary data collected by mailed questionnaires and analyzed quantitatively using Pearson product moment correlation and simple regression by SPSS. The findings show that 68.88% of all CEOs in Tanzania use entrepreneurial leadership style. More over the findings showed that there is a significant strong positive correlation between entrepreneurial leadership style and business performance of SMEs in Tanzania