Innovative Leadership for Social Impact: A Study of Benin’s Accounting, Finance and Economic Strategy

Abstract

This study delves into the innovative leadership strategies employed in Benin to drive social impact and economic growth. Despite global economic challenges, Benin has emerged as a model for leveraging innovative leadership to address socioeconomic issues. Through a combination of surveys and semi-structured interviews with policymakers, business leaders, and community stakeholders, this research explores the core elements of Benin’s accounting and economic strategy. The study employed qualitative analysis methods to process the data, identifying transformative policies and initiatives that have spurred sustainable development and social progress. The findings reveal that Benin’s success is attributed to robust leadership frameworks, inclusive decision-making processes, and strategic implementations. Specifically, the research highlights how visionary leadership has effectively contributed to accounting and economic resilience, poverty reduction, and improved quality of life for citizens. Additionally, the study underscores the critical role of accounting leadership in fostering inclusive growth and provides actionable insights for policymakers and leaders aiming to replicate Benin’s success in other contexts. By adding to the academic discourse on accounting leadership and economic development, this study offers practical implications for enhancing accounting socioeconomic outcomes through innovative accounting leadership strategies.