Leaders' personal wisdom and leader-member exchange quality: The role of individualized consideration

Zacher, Hannes, Pearce, Liane K., Rooney, David and McKenna, Bernard (2013) Leaders' personal wisdom and leader-member exchange quality: The role of individualized consideration. Journal of Business Ethics, 121 2: 171-187. doi:10.1007/s10551-013-1692-4

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Author Zacher, Hannes
Pearce, Liane K.
Rooney, David
McKenna, Bernard
Title Leaders' personal wisdom and leader-member exchange quality: The role of individualized consideration
Journal name Journal of Business Ethics   Check publisher's open access policy
ISSN 0167-4544
Publication date 2013-04-09
Sub-type Article (original research)
DOI 10.1007/s10551-013-1692-4
Volume 121
Issue 2
Start page 171
End page 187
Total pages 17
Place of publication Dordrecht, Netherlands
Publisher Springer Netherlands
Language eng
Formatted 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.
Keyword Personal wisdom
Transformational leadership
Leader–member exchange
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Published online: 09 April 2013

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2014 Collection
UQ Business School Publications
School of Psychology Publications
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Citation counts: TR Web of Science Citation Count  Cited 10 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 11 times in Scopus Article | Citations
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Created: Tue, 29 Oct 2013, 03:07:28 EST by Karen Morgan on behalf of School of Psychology