2024
DOI: 10.1177/00076503241255540
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Conceptualizing and Contextualizing “Executive Wisdom” as a Framework for Business Leadership: A Grounded Theory Approach

Ali Intezari,
Bernard McKenna,
Mohammad Hossein Rahmati

Abstract: This study contextualizes business leaders’ perspectives on business-society interaction through the theoretical lens of wisdom. Morally effective interaction between business and society relies on shared perceptions of expected values grounded in leaders’ virtuous behavior. Through empirical fieldwork across industries in a developing society, the article documents how local business leaders perceive wise leadership in dealing with socially complex problems. Using grounded theory, we inductively developed a m… Show more

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