IDEAS home Printed from https://ideas.repec.org/a/kap/jbuset/v121y2014i2p171-187.html
   My bibliography  Save this article

Leaders’ Personal Wisdom and Leader–Member Exchange Quality: The Role of Individualized Consideration

Author

Listed:
  • Hannes Zacher
  • Liane Pearce
  • David Rooney
  • Bernard McKenna

Abstract

Business scholars have recently proposed that the virtue of personal wisdom may predict leadership behaviors and the quality of leader–follower relationships. This study investigated relationships among leaders’ personal wisdom—defined as the integration of advanced cognitive, reflective, and affective personality characteristics (Ardelt, Hum Dev 47:257–285, 2004 )—transformational leadership behaviors, and leader–member exchange (LMX) quality. It was hypothesized that leaders’ personal wisdom positively predicts LMX quality and that intellectual stimulation and individualized consideration, two dimensions of transformational leadership, mediate this relationship. Data came from 75 religious leaders and 1–3 employees of each leader (N = 158). Results showed that leaders’ personal wisdom had a positive indirect effect on follower ratings of LMX quality through individualized consideration, even after controlling for Big Five personality traits, emotional intelligence, and narcissism. In contrast, intellectual stimulation and the other two dimensions of transformational leadership (idealized influence and inspirational motivation) did not mediate the positive relationship between leaders’ personal wisdom and LMX quality. Implications for future research on personal wisdom and leadership are discussed, and some tentative suggestions for leadership development are outlined. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Hannes Zacher & Liane Pearce & David Rooney & Bernard McKenna, 2014. "Leaders’ Personal Wisdom and Leader–Member Exchange Quality: The Role of Individualized Consideration," Journal of Business Ethics, Springer, vol. 121(2), pages 171-187, May.
    • Handle: RePEc:kap:jbuset:v:121:y:2014:i:2:p:171-187
    DOI: 10.1007/s10551-013-1692-4
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10551-013-1692-4
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10551-013-1692-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ikujiro Nonaka & Ryoko Toyama, 2007. "Strategic management as distributed practical wisdom (phronesis)," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(3), pages 371-394, June.
    2. George Bragues, 2006. "Seek the Good Life, not Money: The Aristotelian Approach to Business Ethics," Journal of Business Ethics, Springer, vol. 67(4), pages 341-357, September.
    3. Clive Boddy, 2011. "Corporate Psychopaths, Bullying and Unfair Supervision in the Workplace," Journal of Business Ethics, Springer, vol. 100(3), pages 367-379, May.
    4. Louis Fry & Melanie Cohen, 2009. "Spiritual Leadership as a Paradigm for Organizational Transformation and Recovery from Extended Work Hours Cultures," Journal of Business Ethics, Springer, vol. 84(2), pages 265-278, January.
    5. David Rooney & Tom Mandeville & Tim Kastelle, 2013. "Abstract Knowledge and Reified Financial Innovation: Building Wisdom and Ethics Into Financial Innovation Networks," Journal of Business Ethics, Springer, vol. 118(3), pages 447-459, December.
    6. Clive R. Boddy, 2011. "Corporate Psychopaths, Bullying, Conflict and Unfair Supervision in the Workplace," Palgrave Macmillan Books, in: Corporate Psychopaths, chapter 3, pages 44-62, Palgrave Macmillan.
    7. Barry Schwartz & Kenneth Sharpe, 2006. "Practical Wisdom: Aristotle meets Positive Psychology," Journal of Happiness Studies, Springer, vol. 7(3), pages 377-395, September.
    8. Chellie Spiller & Edwina Pio & Lijijana Erakovic & Manuka Henare, 2011. "Wise Up: Creating Organizational Wisdom Through an Ethic of Kaitiakitanga," Journal of Business Ethics, Springer, vol. 104(2), pages 223-235, December.
    9. David Rooney & Greg Hearn & Thomas Mandeville & Richard Joseph, 2003. "Public Policy in Knowledge-Based Economies," Books, Edward Elgar Publishing, number 2048.
    10. Ad Bergsma & Monika Ardelt, 2012. "Self-Reported Wisdom and Happiness: An Empirical Investigation," Journal of Happiness Studies, Springer, vol. 13(3), pages 481-499, June.
    11. Boas Shamir & Robert J. House & Michael B. Arthur, 1993. "The Motivational Effects of Charismatic Leadership: A Self-Concept Based Theory," Organization Science, INFORMS, vol. 4(4), pages 577-594, November.
    12. Keeley, Michael, 1995. "The Trouble with Transformational Leadership: Toward a Federalist Ethic for Organizations," Business Ethics Quarterly, Cambridge University Press, vol. 5(1), pages 67-96, January.
    13. Hannes Zacher & Bernard McKenna & David Rooney, 2013. "Effects of Self-Reported Wisdom on Happiness: Not Much More Than Emotional Intelligence?," Journal of Happiness Studies, Springer, vol. 14(6), pages 1697-1716, December.
    14. Dennis Moberg, 2008. "Mentoring and Practical Wisdom: Are Mentors Wiser or Just More Politically Skilled?," Journal of Business Ethics, Springer, vol. 83(4), pages 835-843, December.
    15. Moberg, Dennis J., 2007. "Practical Wisdom and Business Ethics," Business Ethics Quarterly, Cambridge University Press, vol. 17(03), pages 535-561, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qing Lu & Yonghong Liu & Xu Huang, 2020. "Follower Dependence, Independence, or Interdependence: A Multi-Foci Framework to Unpack the Mystery of Transformational Leadership Effects," IJERPH, MDPI, vol. 17(12), pages 1-19, June.
    2. Jane X. J. Qiu & David Rooney, 2019. "Addressing Unintended Ethical Challenges of Workplace Mindfulness: A Four-Stage Mindfulness Development Model," Journal of Business Ethics, Springer, vol. 157(3), pages 715-730, July.
    3. Claudius Bachmann & André Habisch & Claus Dierksmeier, 2018. "Practical Wisdom: Management’s No Longer Forgotten Virtue," Journal of Business Ethics, Springer, vol. 153(1), pages 147-165, November.
    4. Lu Bostanli & Andre Habisch, 2023. "Narratives as a Tool for Practically Wise Leadership," Humanistic Management Journal, Springer, vol. 8(1), pages 113-142, April.
    5. Shudi Liao & Xingchi Zhou & Zhiwen Guo & Zhifei Li, 2019. "How Does Leader Narcissism Influence Employee Voice: The Attribution of Leader Impression Management and Leader-Member Exchange," IJERPH, MDPI, vol. 16(10), pages 1-14, May.
    6. David Rooney & Wendelin Küpers & David Pauleen & Ekatarina Zhuravleva, 2021. "A Developmental Model for Educating Wise Leaders: The Role of Mindfulness and Habitus in Creating Time for Embodying Wisdom," Journal of Business Ethics, Springer, vol. 170(1), pages 181-194, April.
    7. Bader Obeidat & Forat Hasan Alkhalafat & Nisrin Amira Abdallah Makahleh & Mohammed Ali Akour, 2019. "The Role of Corporate Social Responsibility in Enhancing Firm Performance: The Mediating Effect of Transformational Leadership," Journal of Business & Management (COES&RJ-JBM), , vol. 7(2), pages 162-191, April.
    8. Ajit Nayak, 2016. "Wisdom and the Tragic Question: Moral Learning and Emotional Perception in Leadership and Organisations," Journal of Business Ethics, Springer, vol. 137(1), pages 1-13, August.
    9. Laura F. Sasse-Werhahn & Claudius Bachmann & André Habisch, 2020. "Managing Tensions in Corporate Sustainability Through a Practical Wisdom Lens," Journal of Business Ethics, Springer, vol. 163(1), pages 53-66, April.
    10. Eko Yi Liao & Chun Hui, 2021. "A resource-based perspective on leader-member exchange: An updated meta-analysis," Asia Pacific Journal of Management, Springer, vol. 38(1), pages 317-370, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Monika Ardelt, 2016. "Disentangling the Relations Between Wisdom and Different Types of Well-Being in Old Age: Findings from a Short-Term Longitudinal Study," Journal of Happiness Studies, Springer, vol. 17(5), pages 1963-1984, October.
    2. Steven Steyl, 2020. "Aristotelian Practical Wisdom in Business Ethics: Two Neglected Components," Journal of Business Ethics, Springer, vol. 163(3), pages 417-428, May.
    3. Lu Bostanli & Andre Habisch, 2023. "Narratives as a Tool for Practically Wise Leadership," Humanistic Management Journal, Springer, vol. 8(1), pages 113-142, April.
    4. Claudius Bachmann & André Habisch & Claus Dierksmeier, 2018. "Practical Wisdom: Management’s No Longer Forgotten Virtue," Journal of Business Ethics, Springer, vol. 153(1), pages 147-165, November.
    5. Stephanie Solansky, 2014. "To Fear Foolishness for the Sake of Wisdom: A Message to Leaders," Journal of Business Ethics, Springer, vol. 122(1), pages 39-51, June.
    6. Fabio Zona & Mario Minoja & Vittorio Coda, 2013. "Antecedents of Corporate Scandals: CEOs’ Personal Traits, Stakeholders’ Cohesion, Managerial Fraud, and Imbalanced Corporate Strategy," Journal of Business Ethics, Springer, vol. 113(2), pages 265-283, March.
    7. Sebastian Schuh & Xin-an Zhang & Peng Tian, 2013. "For the Good or the Bad? Interactive Effects of Transformational Leadership with Moral and Authoritarian Leadership Behaviors," Journal of Business Ethics, Springer, vol. 116(3), pages 629-640, September.
    8. Dana Kabat-Farr & Benjamin M. Walsh & Alyssa K. McGonagle, 2019. "Uncivil Supervisors and Perceived Work Ability: The Joint Moderating Roles of Job Involvement and Grit," Journal of Business Ethics, Springer, vol. 156(4), pages 971-985, June.
    9. Ling L. Harris & Scott B. Jackson & Joel Owens & Nicholas Seybert, 2022. "Recruiting Dark Personalities for Earnings Management," Journal of Business Ethics, Springer, vol. 178(1), pages 193-218, June.
    10. Panteha Farmanesh & Pouya Zargar & Vildan Esenyel & Asim Vehbi, 2021. "Linking Spiritual Leadership and Boundary-Spanning Behavior: The Bright Side of Workplace Spirituality and Self-Esteem," SAGE Open, , vol. 11(3), pages 21582440211, August.
    11. Andreas Strobl & Jessica Niedermair & Kurt Matzler & Tobias Mussner, 2019. "Triggering Subordinate Innovation Behavior: The Influence Of Leaders’ Dark Personality Traits And Level 5 Leadership Behavior," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(05), pages 1-37, June.
    12. Yashuo Chen & Ranran Ning & Tong Yang & Shangjun Feng & Chunjiang Yang, 2018. "Is transformational leadership always good for employee task performance? Examining curvilinear and moderated relationships," Frontiers of Business Research in China, Springer, vol. 12(1), pages 1-28, December.
    13. Sylvie Borau & Jean-François Bonnefon, 2019. "The Imaginary Intrasexual Competition: Advertisements Featuring Provocative Female Models Trigger Women to Engage in Indirect Aggression," Journal of Business Ethics, Springer, vol. 157(1), pages 45-63, June.
    14. Guohong Helen Han & P. D. Harms & Yuntao Bai, 2017. "Nightmare Bosses: The Impact of Abusive Supervision on Employees’ Sleep, Emotions, and Creativity," Journal of Business Ethics, Springer, vol. 145(1), pages 21-31, September.
    15. Radha R. Sharma, 2019. "Evolving a Model of Sustainable Leadership: An Ex-post Facto Research," Vision, , vol. 23(2), pages 152-169, June.
    16. Clarine M. Jacobs, 2019. "Ineffective-Leader-Induced Occupational Stress," SAGE Open, , vol. 9(2), pages 21582440198, June.
    17. Neal Krause & R. Hayward, 2015. "Virtues, Practical Wisdom and Psychological Well-Being: A Christian Perspective," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 122(3), pages 735-755, July.
    18. John Solas, 2015. "Pathological Work Victimisation in Public Sector Organisations," Public Organization Review, Springer, vol. 15(2), pages 255-265, June.
    19. Hannes Zacher & Bernard McKenna & David Rooney, 2013. "Effects of Self-Reported Wisdom on Happiness: Not Much More Than Emotional Intelligence?," Journal of Happiness Studies, Springer, vol. 14(6), pages 1697-1716, December.
    20. Amitabh Anand & Audrey Dalmasso, 2020. "Supervisor Effects on Employee Knowledge Sharing Behaviour in SMEs," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(4), pages 1430-1453, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:121:y:2014:i:2:p:171-187. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.