We deal with a generalization of a Theorem of P. Gordan and M. Noether on hypersurfaces with vanishing (first) Hessian. We prove that for any given N ≥ 3, d ≥ 3 and 2 ≤ k < d 2 there are irreducible hypersurfaces X = V (f ) ⊂ P N , of degree deg(f ) = d, not cones and such that their Hessian of order k, hess k f , vanishes identically. The vanishing of higher Hessians is closely related with the Strong (or Weak) Lefschetz property for standard graded Artinian Gorenstein algebra, as pointed out first in [Wa1] and later in [MW]. As an application we construct for each pair (N, d) = (3, 3), (3, 4), standard graded Artinian Gorenstein algebras A, of codimension N + 1 ≥ 4 and with socle degree d ≥ 3 which do not satisfy the Strong Lefschetz property, failing at an arbitrary step k with 2 ≤ k < d 2 . We also prove that for each pair (N, d), N ≥ 3 and d ≥ 3 except (3, 3), (3, 4), (3, 6) and (4, 4) there are standard graded Artinian Gorenstein algebras of codimension N + 1, socle degree d, with unimodal Hilbert vectors and which do not satisfy the Weak Lefschetz property.