Definition

Managerism is an inappropriate form of corporate leadership and management culture that is characterized by a self-serving management biased toward capital markets and apathetic toward employees; it mostly occurs in publicly traded companies.

Short-termism, profit-maximization, over-expansion, growth orientation, avoidance of responsibility, excessive compensation, careerism, self-conceit, self-promotion, socialization of risks, weak corporate governance, poor corporate citizenship. It is the opposite of responsible corporate leadership.