Hubungan antara kepimpinan transformasional dengan prestasi syarikat berkaitan kerajaan negeri (SKBN): Amalan perancangan strategik sebagai pengantara

In the current global economic uncertainties and after an aggressive privatization program in the 1980s, the focus has returned to strengthening the internal base of the
domestic economic structure so that the dependency and impact of external factors could be minimized. The players in the domestic economy, publicly and privatelyowned
companies, which have not reached the optimum operating performance should be further developed. One of the key players in the economy is the state government-linked companies (SGLCs). Studies have shown that SGLCs have too
many weaknesses that the original intention of their establishment failed to be achieved. Therefore a study is required to contribute to the process of improving the
future of SGLCs. Thus, the objectives of this study were to determine if there exists significant relationship between transformational leadership, strategic planning practices and performance of SGLCs and whether strategic planning practices mediates the relationship between transformational leadership and performance of SGLCs. Quantitative research design was employed and survey questionnaires were sent to 408 heads of the SGLCs, and 134 usable responses were received after the completion of data collection period. Statistical methods such as descriptive analysis, correlation analysis and multiple regressions were used to interpret the data. The result of transformational leadership is seen from four dimensions; idealized influence, inspirational motivation, intellectual stimulation and individualized consideration. Three dimensions, idealized influence, intellectual stimulation and individualized consideration as well as strategic planning practices were found to have positive and significant relationship with performance. Strategic planning practices was also found to fully mediate the relationship between individualized consideration and performance, while those relationships with idealized influence and intellectual stimulation were partially mediated. This study concluded with a discussion on the findings as well as on the limitations and suggestions for future research.