给我不确定性，我将大放异彩：首席执行官的自恋与企业绩效

IF 5.5 2区经济学 Q1 BUSINESS, FINANCE Global Finance Journal Pub Date : 2024-05-25 DOI:10.1016/j.gfj.2024.100991

Tom Aabo , Theodor Roe Kirch , Katrine Høj Stadil Thomsen

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引用次数: 0

摘要

首席执行官自恋是企业界公认的事实。我们认为，不确定性会调节首席执行官自恋与公司业绩之间的关系。因此，我们假设自恋型首席执行官的果断性和对关注的渴望会在高度不确定性时期提高公司业绩，而在低度不确定性时期则不需要自恋的这些特征，甚至不利于提高公司业绩。我们的实证结果支持我们的假设。我们的研究结果对于理解实证企业环境中首席执行官自恋的利弊的具体情况非常重要，因此对于首席执行官的选择和管理也非常重要。

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Give me uncertainty, and I will shine: CEO narcissism and corporate performance

CEO narcissism is an established fact in the corporate world. We argue that uncertainty moderates the relationship between CEO narcissism and corporate performance. Thus, we hypothesize that the decisiveness and craving for attention of the narcissistic CEO improve corporate performance during periods of high uncertainty, while these features of narcissism are not needed and indeed are disadvantageous during periods of low uncertainty. Our empirical results support our hypothesis. Our findings are important in understanding the context specificity of the advantages and disadvantages of CEO narcissism in an empirical corporate setting and thus important for CEO selection and CEO management.

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来源期刊

Global Finance Journal BUSINESS, FINANCE-

CiteScore

7.30

自引率

13.50%

发文量

106

审稿时长

53 days

期刊介绍： Global Finance Journal provides a forum for the exchange of ideas and techniques among academicians and practitioners and, thereby, advances applied research in global financial management. Global Finance Journal publishes original, creative, scholarly research that integrates theory and practice and addresses a readership in both business and academia. Articles reflecting pragmatic research are sought in areas such as financial management, investment, banking and financial services, accounting, and taxation. Global Finance Journal welcomes contributions from scholars in both the business and academic community and encourages collaborative research from this broad base worldwide.