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The field of leadership and management science as well has a very deep roots. The leader personality is perceived in the context of specific leadership style of the working groups. This academic study is aimed to search the consequences of leader personality perception in the historical framework and economy development. Significant epochs are examined from a historical and economic perspective to find a connection with the gradual emergence of theoretical ideas. Ideas that laid the foundations of managerial and economic theory, up to current state of knowledge in the field of company leadership. Thanks to identification of particular approaches and schools of thought the study allow to clearly understand the perception of leader personality development in the last decades. The study creates the wide theoretical background for future research in the field of currant theoretical leadership approaches within company management. [ABSTRACT FROM AUTHOR]