There is a growing public over the performance of business in the global market after the global financial crisis (GFC) of 2008. Voegtlin and Partzer (2011: 1) state that in the post GFC world, it has become impossible to separate the outcomes of corporations from the responsibilities, ethics and morality of leaders in the corporations. It means, therefore, that as the global market in the post-GFC world presents myriad challenges, leadership remains at the center of solving the problems which businesses face. The term globalization refers to the continuously increasing connection between different countries in the world. Globalization has the effect of opening up countries for greater participation in world affairs, especially in economic activities. However, globalization comes with its challenges, and the global financial crisis is one of them.
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