Leadership Myths

Vinay B. Kothari

Chapter Chapter 4 in Executive Greed, 2010, pp 41-49 from Palgrave Macmillan

Abstract: Abstract When the actual or real contribution of business leaders is examined closely, it becomes clear that contrary to most widely held beliefs, the CEO and other top managers contribute little to justify their exuberant compensations. Corporate success depends on human motivations and efforts all across the organization, not on just one or few individuals at the top. On the other hand, an unhealthy environment, created by the self-serving leadership policies and practices, affects productivity and leads to serious competitive problems in the marketplace. So when business encounters a threatening situation or complete failure, it is usually a management creation. This reality is not widely recognized. This nonrealization creates a multitude of myths about leadership.

Keywords: Business Leader; Corporate Manager; Business Success; Financial Reward; Corporate Board (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-10965-0_4

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DOI: 10.1057/9780230109650_4

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