Leadership, ethics and modalities of power

Abstract

[Extract] The first decade of this century has witnessed a plethora of failures in leadership with varying consequences. Amidst the various scandals and crises, increases in top management and key specialist pay and bonuses have continued to rise in ways that, it could be argued, are far from justified by corporate performance1. Such inequities, as well as the apparent offloading of losses onto the taxpayers through bank bailouts, have made organizational and leadership ethics issues of significant public interest.