Women, Business and Leadership
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Women, Business and Leadership

Gender and Organisations

Edited by Alexander-Stamatios Antoniou, Cary Cooper and Caroline Gatrell

This timely and comprehensive book analyses the role of women in leadership from both managerial and socio-emotional perspectives. The authors review the issues that affect real women in business and evaluate what can be done to support and develop women managers. Chapters explore topics such as the stereotyping of leading women, gender equality and discrimination, the glass ceiling and barriers to promotion, the work/home conflict, the gender pay gap and job insecurity, female authority and career development.
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Chapter 3: Women leaders in times of economic crisis: leadership style, career self-efficacy, and job insecurity

Alexander-Stamatios Antoniou, Nikos Drosos and Mara Kourtoglou

Abstract

This chapter investigates several aspects related to women leaders’ career development in unstable economic environments. The study is conducted in Greece which has faced very hard austerity measures due to the recent economic crisis. The sample consisted of 303 women who currently hold a managerial position in the private sector. Leadership style was measured using two different psychometric tools: the MLQ and the LMX-7. Career self-efficacy was measured using the Perceived Self-Efficacy in Career Scale and job insecurity was assessed by the Job Insecurity Scale. The study confirms the anticipated correlations between the various psychological constructs. Job insecurity is negatively correlated with all factors of both career self-efficacy and transformational leadership. Nevertheless, correlation coefficients are rather low. Career self-efficacy is positively correlated to transformational leadership. Intellectual stimulation was highly correlated with all self-efficacy components and especially with creativity. Results are discussed in terms of their practical implications.

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