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Impact Mechanisms Of True Leadership On Economic Welfare

Oana Simona Hudea ()
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Oana Simona Hudea: Faculty of Administration and Business, University of Bucharest, Romania

Manager Journal, 2016, vol. 24, issue 1, 162-172

Abstract: This paper has as main purpose to reveal, via a series of examples taken from real life, the dependence of economic welfare on good leadership, irrespective on the context of manifestation of the latter. Be they company leaders, therefore leaders acting at microeconomic level, or national leaders, herein embodied by governmental leaders, monetary authority leaders or presidential leaders, making decisions at macroeconomic level, true leadership is a continuous source of well being for any economy, as it represents the coagulation of miscellaneous economic touch constructive ideas and facts. The impact of leadership on economic welfare is therefore perceived from a double perspective: on one hand, company true leaders, exerting positive influences on the organisations they lead by providing jobs and by increasing revenues to the sate budget and, on the other hand, national true leaders, holding the mechanisms for stimulating, by their actions, both consumption and investment and, thus, for sustaining a sound economic growth

Keywords: company leaders; national leaders; economic welfare; microeconomic context; macroeconomic approach (search for similar items in EconPapers)
Date: 2016
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Handle: RePEc:but:manage:v:24:y:2016:i:1:p:162-172