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Toxic Leadership: Research and Cases presents research and cases on
toxic leadership that emerged from qualitative research on the
followers of toxic leaders. The goal is to help students,
researchers, and academics understand how toxic leadership emerges,
how leaders can spot toxic leadership within their organizations,
and discuss what they can do to stop toxic leaders from destroying
organizational value. The book pulls together various theories,
models, and names (e.g., bad leadership, destructive leadership)
for toxic leadership. The authors cover how power, culture,
personality disorders, and followers contribute to the toxic
leadership phenomenon. Readers will learn how toxic leaders impact
organizations, the types of toxic leaders, signs of toxic leaders,
and the environments they create. The authors share case studies
for each toxic leader type to illustrate themes, coping strategies,
and organizational outcomes. Each case is accompanied by a series
of questions for reflection, study, and leadership development.
This book will be useful for students, researchers, and academics
to help uncover signs of toxic leaders that are often hidden from
upper management. It will also be helpful for leaders to develop
organizational strategies and for followers to develop coping
strategies.
The long-term interest rate is a central variable in the
macroeconomy. It matters to borrowers looking to start a business
or purchase a home; to lenders weighing the risks and rewards of
extending credit; to savers preparing for college or retirement;
and to policymakers gauging the state of the economy and financing
government expenditure. The global financial crisis and the
aggressive policy response pushed long-term interest rates in the
United States and in many advanced economies to historically low
levels. But today's low-rate environment is not just a cyclical
story. Interest rates had been falling worldwide for nearly twenty
years before the crisis. Despite the magnitude and persistence of
the secular downtrend, the explanation for the decline is one of
the most vexing questions faced by macroeconomists today. The
future path of interest rates is even less clear. This book surveys
the recent thinking on the many drivers of long-term interest rates
in recent decades and going forward. In addition, this book
provides a speech by Federal Reserve Board Governor Bernanke at the
Sandridge Lecture which discusses the global saving glut and the
U.S. current deficit.
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