A Blessing and a CurseKönig, A., Graf-Vlachy, L., Bundy, J., & Little, L. M. (2020). A blessing and a curse: How CEOs' trait empathy affects their management of organizational crises. Academy of Management Review, 45(1), 130-153.
In this research, you can see the effects of empathy on the part of the CEO and how that has an effect on crisis management. The authors argue that CEOs who are highly empathetic will naturally recognize warning signs of crisis more quickly than others and position themselves to gain greater stakeholder appreciation.