Search results

The purpose of this paper is to further understanding concerning sex differences in leadership styles and to examine the mediating role of gender identity traits in these differences.

The paper draws on previous research that has established that many aspects of leadership style positively related to leaders' effectiveness are associated with the female gender role. Consistent with this assumption, the authors examined a sample of 157 Spanish managers whether significant sex differences favouring women emerge in relevant leadership dimensions (i.e. individualized consideration, contingent reward and emotional intelligence) and whether gender identity traits may help to explain such differences.

Results show that male leaders' lower scores in individualized consideration, positive contingent reward and emotional intelligence are partly explained by their lower identification with expressive traits. Furthermore, results indicate that integration of counter‐stereotypical traits into the self positively relates to effectiveness in the sense of use of a wider range of leadership styles for both women and men.

Future research could explore in more detail how sex differences in leadership styles are associated with gendered traits of identity in different countries, as well as whether a blend of masculine and feminine traits is predictive for a more multifaceted leadership style.

The findings are discussed in terms of how a gender perspective may help to better understand leadership effectiveness in contemporary organizations, especially in the case of male leaders.

In the last decades, many of the most talented and promising young graduates in the developed economies have joined the financial industry. Simultaneously, ill-designed incentives’ schemes have favored the development of a culture in which excessive greed, free-riders’ behavior, unreasonable appetite for risk, and short-term decision making have endangered the economy and, potentially, have laid the foundations for financial, economic, social, and environmental crises.

In this chapter, we review current challenges in the financial industry from the lens of human and social capital. We examine some of the factors that allowed unethical behavior and a short-term financial focus in the financial sector, examining how compensation and an extremely competitive culture became key elements that favored greedy and manipulative behavior and ultimately generated socially harmful human and social capital in the financial sector. Finally, we discuss the emergence of a number of game-changers (namely, Brexit, FinTech, the growing relevance of ethical standards, and the increasing participation of women and millennials in the industry) that might represent potential promotors of change and help restructure and reshape the financial industry.