International Journal of Economics, Commerce and Management United Kingdom Vol. V, Issue 10, October 2017 Licensed under Creative Common Page 259 http://ijecm.co.uk/ ISSN 2348 0386 THE ECONOMIC IMPACT OF TRANSACTIONAL-TRANSFORMATIONAL LEADERSHIP ON JOB OUTCOME: IMPLICATIONS FOR HEALTH PROFESSIONALS IN LEBANON Bassam Hamdar Faculty of Business and Economics, Department of Economics, American University of Science and Technology, Lebanon bhamdar@aust.edu.lb Wael Zaraket Faculty of Business and Economics, Department of Management, American University of Science and Technology, Lebanon Abstract This paper aims at determining the impact of transactional and transformational leadership styles on job outcomes of healthcare professionals in hospitals in Lebanon. Research related to this subject has been limited in Lebanon. Therefore, analysis of the results of the different types of samples and settings will offer a better understanding of the relationship between the independent variables of transactional and transformational leadership styles and the dependent variables of job outcomes. Data for this paper have been solicited through questionnaires distributed to ten hospitals in all Lebanese regions. Survey questionnaires have been used to draw responses from 150 healthcare professionals in Lebanon. Collected data included demographic characteristics and the degree to which the two types of leadership styles were used as perceived by the managers and their impact on healthcare professionals’ empowerment, productivity, satisfaction, and turnover. The findings show a similar trend to the original studies in other countries, such as the United States. Thus, uses of transactional and transformational leadership styles and job outcomes were significantly correlated. The findings also indicate a direct and positive relation between transactional leadership style and employee empowerment, satisfaction, productivity, and turnover. Moreover, the findings also indicate that transformational leadership styles have a significant and positive relation with employee