Why is charisma so crucially important to today's corporations? And
how might its misuse have been responsible for bringing the world's
financial system crashing to its knees? Charismatic Leadership: The
role of charisma in the global financial crisis provides a
theory-driven and intuitively appealing analysis of the role that
charisma played in the global financial crisis of 2008. It looks at
how charismatic leadership can contribute to organizational
effectiveness, but also considers the destructive potential of its
darker side. It examines the role of charisma in fuelling investor
irrationality, and the endogenous instability and boom-and-bust
cycles that characterize the markets. This book unites both
academic and practitioner-led approaches to produce a text that is
at once stimulating and informative. Expert insights written by
financial sector leaders in the 'View from the Markets' sections,
alongside mini case studies and end-of-chapter questions, enable
the reader to consolidate key theoretical points covered in each
chapter. It will be of interest to advanced students and scholars
in the fields of leadership and organizational studies, as well as
professionals with a keen interest in this area.
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