Abstract
This chapter examines the example of Carlos Ghosn, a uniquely talented leader who had plenty of victories to celebrate in the ascending part of his reign. But his ownership is neither wise nor fair. Boards did not stop his destructive behavior, or at least not early enough. His and Napoleon’s stories illustrate the very negative impacts repeated and prolonged violations of FPL have on individuals, leadership teams and boards, and organizations and their multiple stakeholders, and why owners ought to pay particular attention to FPL.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
- 2.
- 3.
- 4.
- 5.
There is controversy about whether, as he wrote in his Bulletins, it was indeed Napoleon’s order that made Desaix return to the battlefield. More likely is the account by which Desaix on his own, hearing the canons firing at Marengo, took the decision to return to the battlefield.
- 6.
Desaix also conquered Upper Egypt with 1500 grenadiers. He was remarkable and Napoleon intended to name him Minister of War. This also attests that the French victors were never a one-man show, and that in fact Napoleon got to endure only because of the sacrifice of some of his close associates.
- 7.
- 8.
- 9.
- 10.
In the modern age, regulators ought to intervene faster and more strongly on market actors spreading false information.
- 11.
A similar issue concerns the appointment of French EU Commissioner Barnier to lead Brexit negotiations with Britain: surely, if the EU were intent on succeeding, the choice of a Scandinavian or Portuguese negotiator might have been wiser.
- 12.
PWC Consulting was eventually bought by IBM after the IT bubble burst, for less than $4 billion.
- 13.
Bebchuck, Grinstein, and Peyer have confirmed this in their 2006 paper (revised 2010), identifying the phenomenon as “lucky CEOs” receiving “lucky grants” from their boards. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=945392
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Massa, M., Taraporevala, K., Van der Heyden, L. (2023). Fair Process Leadership Illustrated: Applications to Owners, Board Members, and Executives. In: Value Creation for Owners and Directors. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-19726-0_13
Download citation
DOI: https://doi.org/10.1007/978-3-031-19726-0_13
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-031-19725-3
Online ISBN: 978-3-031-19726-0
eBook Packages: Business and ManagementBusiness and Management (R0)