caa a22 4500 605485828 CHVBK 20210128100442.0 cr unu---uuuuu 210128e20150601xx s 000 0 eng 10.1007/s10551-014-2129-4 doi (NATIONALLICENCE)springer-10.1007/s10551-014-2129-4 Campbell Karen Center for Risk Management and Decision Processes, The Wharton School, University of Pennsylvania, 527.4 Jon H. Huntsman Hall, 19104, Philadelphia, PA, USA aut Can Effective Risk Management Signal Virtue-Based Leadership? [Elektronische Daten] [Karen Campbell] Using exploratory factor analysis on a unique dataset of global executives, we find that their perceptions of their national government's risk management effectiveness are largely driven by two latent factors: leadership virtue, and governance. We show that the leadership virtue signal is potentially a stronger signal (3.19 times more correlated with risk management perceptions than the governance indicator). We hypothesize that this may be because making decisions and taking actions to manage risk is a continuous process requiring inter alia foresight and moral discipline in looking to the interests of others and acting in service to those interests above self-interest. This suggests at least two propositions for further testing, for which, we offer rhetorical argument and anecdotal evidence at the end of this paper and suggest methodologies for further testing. To our knowledge, this is the first paper to uncover this connection empirically between national risk management and leadership virtue. Springer Science+Business Media Dordrecht, 2014 Ethics nationallicence Governance nationallicence Leadership nationallicence Risk management nationallicence Journal of Business Ethics Springer Netherlands 129/1(2015-06-01), 115-130 0167-4544 129:1<115 2015 129 10551 https://doi.org/10.1007/s10551-014-2129-4 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-014-2129-4 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Campbell Karen Center for Risk Management and Decision Processes, The Wharton School, University of Pennsylvania, 527.4 Jon H. Huntsman Hall, 19104, Philadelphia, PA, USA aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 129/1(2015-06-01), 115-130 0167-4544 129:1<115 2015 129 10551