How much knowledge should leaders have of their organization's core business? This is an important question but not one … that has been addressed in the management literature. In a new 'theory of expert leadership' (TEL), this paper blends … sufficient. Expert leaders are those with (1) inherent knowledge, acquired through technical expertise combined with high ability …

We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …

leader model of leadership. We differentiate between four kinds of leaders according to their level of inherent knowledge and … industry experience. After controlling for confounding variables, teams led by leaders with extensive knowledge of the core … mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable association between …