Identity economics meets identity leadership: Exploring the consequences of elevated CEO pay
dc.contributor.author | Steffens, NK | |
dc.contributor.author | Haslam, SA | |
dc.contributor.author | Peters, K | |
dc.contributor.author | Quiggin, J | |
dc.date.accessioned | 2019-10-07T15:17:08Z | |
dc.date.issued | 2018-10-16 | |
dc.description.abstract | Economists have recently proposed a theory of identity economics in which behavior is understood to be shaped by motivations associated with identities that people share with others. At the same time psychologists have proposed a theory of identity leadership in which leaders' influence flows from their creation and promotion of shared identity with followers. Exploring links between these approaches, we examine the impact of very high leader pay on followers' identification with leaders and perceptions of their leadership. Whereas traditional approaches suggest that high pay incentivizes leadership, identity-based approaches argue that it can undermine shared identity between leaders and followers and therefore be counterproductive. Supporting this identity approach, two studies provide experimental and field evidence that people identify less strongly with a CEO who receives high pay relative to other CEOs and that this reduces that leader's perceived identity leadership and charisma. The implications for leadership, economics, and organizations are discussed. | en_GB |
dc.description.sponsorship | Australian Research Council (ARC) | en_GB |
dc.identifier.citation | Published online 16 October 2018 | en_GB |
dc.identifier.doi | 10.1016/j.leaqua.2018.10.001 | |
dc.identifier.grantnumber | DE180100676 | en_GB |
dc.identifier.grantnumber | FL110100199 | en_GB |
dc.identifier.uri | http://hdl.handle.net/10871/39072 | |
dc.language.iso | en | en_GB |
dc.publisher | Elsevier | en_GB |
dc.rights.embargoreason | Under embargo until 16 April 2020 in compliance with publisher policy. | en_GB |
dc.rights | © 2018. This version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/ | en_GB |
dc.subject | Leadership | en_GB |
dc.subject | Followership | en_GB |
dc.subject | Identity | en_GB |
dc.subject | Charisma | en_GB |
dc.subject | Identity leadership | en_GB |
dc.subject | Compensation | en_GB |
dc.subject | CEO pay | en_GB |
dc.title | Identity economics meets identity leadership: Exploring the consequences of elevated CEO pay | en_GB |
dc.type | Article | en_GB |
dc.date.available | 2019-10-07T15:17:08Z | |
dc.identifier.issn | 1048-9843 | |
dc.description | This is the author accepted manuscript. The final version is available from the publisher via the DOI in this record | en_GB |
dc.identifier.journal | Leadership Quarterly | en_GB |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/ | en_GB |
dcterms.dateAccepted | 2018-10-08 | |
rioxxterms.version | AM | en_GB |
rioxxterms.licenseref.startdate | 2018-10-16 | |
rioxxterms.type | Journal Article/Review | en_GB |
refterms.dateFCD | 2019-10-07T15:13:21Z | |
refterms.versionFCD | AM | |
refterms.dateFOA | 2019-10-07T15:17:13Z | |
refterms.panel | A | en_GB |
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Except where otherwise noted, this item's licence is described as © 2018. This version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/