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Explain the contingency theories of leadership and why they are important.Discuss in detail Hershey and Blanchard's Situational Leadership theory.Include detailed examples of each of the four behaviours a leader can choose,depending on follower readiness.
Dividend
A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.
Jensen Measure
A performance metric that calculates the excess return of a portfolio over the predicted return by the Capital Asset Pricing Model (CAPM).
Risk-Free Return
The return on an investment with no risk of financial loss, typically associated with government bonds.
Treynor Measure
A performance metric on investment funds that accounts for the risk taken by the investment relative to the market risk as measured by beta.
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