Recent research on charismatic leadership has focused on the relationship between the leader and follower. Thus far though, researchers have simply assumed the existence of the relationship or distinguished between strong and weak relationships between the leader and the followers. What have been overlooked are the underlying dimensions of the relationship that may influence a charismatic attribution. The current study identifies two relational qualities and tests the relationship of these dimensions with the perception of charisma in a sample of Chief Executive Officers (CEOs) and their top management team (TMT) members. Results indicate that a constructive relationship is positively related to the attribution of charisma, while a competitive relationship has a negative relationship with the charismatic attribution. Implications and future directions for the study of charismatic leadership from a relational perspective are discussed.