5226 - B rendan ONeal MAN5226 DB26-4 Leader-Member Exchange...

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Brendan O’Neal MAN5226 DB26-4 Leader-Member Exchange Leader-Member Exchange (LMX) has been studied and conceptualized for over three decades. LMX has been conceptualized as a relationship based model between the leader and each member of the group. It is heavily studied and researched within organizational behavior. LMX is unique as a leadership theory because its focus lies within the study of the dyadic relationship between the leader and the member in the organization (Gerstner, Day, 1997). We know that LMX is based in social exchange theory; social exchange theory is used to explain why and how subordinates develop a feeling of indebtedness to their leader and perform at a higher level than what their employment requires (Settoon, Bennett, Liden, 1996). Graen and Uhl-bien (1995) cited in their article that concept of LMX is effective when members and leaders are able to form and maintain relationships and partnerships to accomplish the mission of the organization. Included in the review of the literature are Graen and Uhl-Bien (1995), Gerstner and Day
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(1997), and Settoon, Bennett, and Liden (1996). Included in the review of the literature are the moderators of what determines the quality of the relationship in leader-member exchange and how the relationship relates to
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5226 - B rendan ONeal MAN5226 DB26-4 Leader-Member Exchange...

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