The Ancients against the Moderns: Focusing on the Character of Corporate Leaders

Bragues, George

doi:10.1007/s10551-006-9342-8

Cited by 36 publications

(18 citation statements)

References 23 publications

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“…The (CEO) and management group were depended upon to embrace the duty of authoritative performance [22]. Mace contended that directors were unequipped for applying compelling effect on the organizations they represented on the grounds that their reality was seen as to a greater extent a lawful prerequisite than as beginning from a down to earth require in light of the fact that the management group seemed more responsible for hierarchical affairs [23]. Independent of the hypothetical contentions in regards to the exact status of organization directors, or the hypothesis which best clarifies the firm; the reasonable result is that the governing body is saddled with the management of organizations, despite the fact that the directors may not be included in the everyday running of the organization in specific cases.…”

Section: Corporate Board and Company Directorsmentioning

confidence: 99%

“…It is likewise important to understand what risk management involves as that is crucial in the assurance of arrangements which address saw risks in corporate governance [23]. The cases of corporate failures that have been highlighted and the contributory component of behavioral issues to those failures means that the conduct of organization directors is a risk issue in regard of corporate governance forms.…”

Section: Risk Management and Corporate Riskmentioning

confidence: 99%

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Impact of Personality of Company Directors as a Behavioral Risk Contributor on Corporate Governance Process

Naseer¹

2017

J Bus Fin Aff

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investigation of writing demonstrates that two segments, personality and situations, are crucial components in connection to behavior [10]. Therefore, if a corporate governance framework does exclude instruments which recognize these parts of behavioral risks, and there are no procedures set up to adequately deal with the risks which collect from each of the segments and which thus make up the totality of what behavioral risks involve, then a gap exists in connection to those unmanaged risks and the framework is imperfect to that degree. Literature ReviewThe review highlights and discusses relevant literature in the areas of corporate governance, corporate risk and risk management, corporate boards and directors, corporate theory, corporate failures, personality and behavior. Corporate theoryThe starting point, presence and usefulness of organizations can be clarified by corporate theories [11]. Especially, so as to value the issue highlighted in the review and understand the basis behind the arrangements proposed, and in addition evaluate the reasonableness and viability of these arrangements, it is imperative to discover what organizations are, the means by which they are seen, and empower Keywords: Personality; Company directors; Behavioral risk; Contributor; Corporate governance IntroductionCorporate governance as an idea has turned out to be progressively unmistakable because of the event of prominent failures of corporate sector [1]. Some of these failures brought about negative results, for example, occupation and capital misfortunes which influenced the welfare of society monetarily and socially [2]. It ended up plainly imperative, in this way, to expand the attention on corporate governance since it is perceived as a component which adds to the counteractive action of corporate failures [3]. An examination of prominent corporate failures which have happened over the most recent two decades delineates that wrong conduct by organization directors added to some of these failures [4]. Organizations are basically overseen by corporate directors, organization directors being the essential officers accommodated under the law [5]. In this manner, management works in organizations are typically attempted or approved by organization directors and overseeing organizations adequately keeping in mind the end goal to avoid corporate failures is their obligation. Corporate failures can happen for various reasons [6]. Be that as it may, of specific worry in this review are those failures in which a contributory part is the wrong conduct of organization directors. In spite of the various corporate governance changes that have occurred, corporate failures inferable from behavioral issues are as yet happening. In the reports that took after examinations after the 2008/2009 monetary emergency, it was obviously recognized that the conduct of organization directors is an issue in corporate governance [7]. These reports recognized that had been already discussed in earlier years, that behavioral issues related with organizati...

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Section: Corporate Board and Company Directorsmentioning

confidence: 99%

Section: Risk Management and Corporate Riskmentioning

confidence: 99%

Impact of Personality of Company Directors as a Behavioral Risk Contributor on Corporate Governance Process

Naseer¹

2017

J Bus Fin Aff

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“…Among various ancient philosophers, Socrates designed a leadership curriculum that combined literature, poetry, and music. Students were directed to be pious, courageous, serious, moderate, just, and honest through the use of narratives and role models (Bragues, 2008).…”

Section: Honesty and Integritymentioning

confidence: 99%

“…According to Flynn (2008), Aristotle proposes a leadership vision that is necessarily virtuous. Bragues (2008) chose to study a more practical issue: increasing corporate scandals and organizational practices that aim to hinder fraud. He questioned the efficiency of the institutional approach and presented the Aristotelian philosophy of virtue ethics as an alternative solution.…”

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confidence: 99%

An Ethical Administration Trilogy: The Concepts of Integrity, Justice, and Benevolence Based on Kutadgu Bilig and Siyasat-Nama

Kuşakçı¹,

İyigün²

2017

TJBE

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Nizam al-Mulk' s Siyasat-Nama and Yusuf Khass Hajib' s Kutadgu Bilig have had an enormous influence on the concept of public administration in the Turkish tradition. A review of the management literature shows that intellectual curiosity into Siyasat-Nama and Kutadgu Bilig is stuck on the level of sympathy. However, both thinkers deserve a deep scientific exploration by taking the administrative facet of their thoughts into account. The qualitative content analysis of these two texts exposes a list of attributes that make a ruler effective. Among them, justice, integrity, and benevolence are attributes that render administration ethical. This study firstly analyzes these ethical administrative attributes comprehensively aiming to discover how they are interconnected, and secondly links them to ongoing ethics-based discussions in order to derive concrete implications for contemporary business management. Briefly stated, integrity, justice, and benevolence in unison generate a framework of ethical administration. Each attribute has equally significant place in the system. To draw an analogy, integrity is the foundation of an administrative structure; justice is the structure itself, and benevolence is its ornament.

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“…The character of leaders, especially the capacity to restrain and inhibit selfish desires and habits, has been shown to affect whether an organization is led ethically and responsibly (Bragues 2008;Wright and Goodstein 2007). But humans have a problem with power.…”

Section: Reducing the Credibility Gapmentioning

confidence: 99%

Having Burned the Straw Man of Christian Spiritual Leadership, what can We Learn from Jesus About Leading Ethically?

et al. 2016

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In considering what it means to lead organizations effectively and ethically, the literature comprising spirituality at work (SAW) and spiritual leadership theory (SLT) has become highly influential, especially in the USA. It has also attracted significant criticism. While in this paper, we endorse this critique, we argue that the strand of literature which purportedly takes a Christian standpoint within the wider SAW school of thought, largely misconstrues and misapplies the teaching of its founder, Jesus. As a result, in dismissing the claims and application of SAW and SLT, there is a real risk that we lose the vital contribution of Christian thought, not least some of the timeless counter-cultural wisdom of Jesus which, we contend, offers a vital foundation to the practice of ethical leadership and business ethics in organizations. In proposing a way forward, two thorny issues which face all leaders are addressed: dealing with ego and closing the gap between what we say and what we do. The more we understand about the dynamics of human nature, the more we learn about the profundity of Jesus' teachings. We then propose a number of ways in which Jesus-centred ethical leadership can be practised. Each is radical and each implies risk: both the personal risk of inner renewal arising from repentance as a doorway to personal integrity, as well as the risk of opposing unethical practices and promoting the excellence of core practices in the workplace.

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The Ancients against the Moderns: Focusing on the Character of Corporate Leaders

Abstract: Benjamin Franklin, leadership, virtues, Enron, WorldCom securities regulation, corporate governance, ancient philosophy, modern philosophy,

Cited by 36 publications

References 23 publications

Impact of Personality of Company Directors as a Behavioral Risk Contributor on Corporate Governance Process

Impact of Personality of Company Directors as a Behavioral Risk Contributor on Corporate Governance Process

An Ethical Administration Trilogy: The Concepts of Integrity, Justice, and Benevolence Based on Kutadgu Bilig and Siyasat-Nama

Having Burned the Straw Man of Christian Spiritual Leadership, what can We Learn from Jesus About Leading Ethically?

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