The Perceptions of Ethical and Sustainable Leadership

Sustainable and ethical leadership in the financial industry expand in importance since the financial crisis of 2007-2009. This research examined the level of sustainable and ethical leadership of leaders in mortgage loan originator (MLO) organizations, as perceived by loan originators. The Perceive...

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Bibliographic Details
Published in:Journal of business ethics 2014-05, Vol.121 (3), p.373-383
Main Authors: McCann, Jack, Sweet, Matthew
Format: Article
Language:English
Subjects:
Analysis
Business and Management
Business Ethics
Corporate responsibility
Correlation
Decision making
Ecological sustainability
Economic crisis
Education
Ethical behavior
Ethics
Financial crisis
Financial institutions
Green businesses
Leadership
Loan originations
Management
Mortgage loans
Mortgages
Organization
Philosophy
Professional liability insurance
Quality of Life Research
Questionnaires
Renewable energy
Studies
Sustainability
Sustainability science
Sustainable development
Sustainable global economy
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Summary:Sustainable and ethical leadership in the financial industry expand in importance since the financial crisis of 2007-2009. This research examined the level of sustainable and ethical leadership of leaders in mortgage loan originator (MLO) organizations, as perceived by loan originators. The Perceived Leadership Survey (PLIS) developed by Craig and Gustafson (Leadersh Q 9(2): 127-145, 1998) and the Sustainable Leadership Questionnaire (SLQ) developed by McCann and Holt (Int J Sustain Strat Manage 2(2):204-210, 2011) were utilized for this research. The survey results yielded high levels of both ethical and sustainable leadership. Employees also felt their leadership was encouraging ethical and sustainable behavior. However, correlations between the PLIS and SLQ did not prove to be dependent or closely correlated.
ISSN:0167-4544
1573-0697
DOI:10.1007/s10551-013-1704-4