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Factors Affecting the Decision-Making Styles of Branch Managers in Private Sector Banks

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  • H.D.H.S Hathurusinghe

    (Faculty of Agriculture, University of Peradeniya)

  • L.N.A.C Jayawardena

    (Faculty of Agriculture, University of Peradeniya)

Abstract

Amidst a global recession, private banks grapple with challenges. This study has aimed to identify decision-making styles of 72 branch managers in five private sector banks of Sri Lanka, assessing the impact of perceived stress, self-efficacy, and heuristics. Results (using Multinomial logistic regression and correlation analyses), reveal a predominant rational decision-making style. The gender of the individual and the level of experience of managers in the banking sector, indicates a significant impact on the spontaneous decision-making style. Branch managers’ perceived stress positively correlates with dependent, avoidant, and spontaneous styles (p

Suggested Citation

  • H.D.H.S Hathurusinghe & L.N.A.C Jayawardena, 2024. "Factors Affecting the Decision-Making Styles of Branch Managers in Private Sector Banks," International Journal of Research and Innovation in Applied Science, International Journal of Research and Innovation in Applied Science (IJRIAS), vol. 9(1), pages 199-207, January.
    • Handle: RePEc:bjf:journl:v:9:y:2023:i:1:p:199-207
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