Finance Followership
Finance Followership

Author(s): Julia M. Puaschunder
Subject(s): Business Economy / Management, Behaviorism, Business Ethics
Published by: Scientia Moralitas Research Institute
Keywords: Corporate Social Responsibility; Behavioral Economics; Strategic followership; Sustainability; Sustainable Finance;
Summary/Abstract: Management Science offers the most extensive account of leadership theory and practice. Business Schools around the world teach and educate leadership skills and practical advice on how to be a successful leader. In the wealth of theoretical knowledge and practical insights on leadership, to this day, however, our understanding of followership is limited despite the facts that not everyone wants to lead on a constant basis and it is technically impossible for everyone to lead all time long. In fact, most of our lives we spend being led and following the crowd. This article addresses followership in the finance domain. The importance of attention to followership in finance is underlined by the personal gain opportunities through strategic finance followership. Guidelines on how to enhance wealth through wise followership in the finance sector are provided. The article also gives practical examples of finance followership in the global governance domain of contemporary climate change redistribution strategies. The paper ends with a future prospect and research avenues to explore followership in finance, management, business and governance research and teaching.

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