CEO narcissism and corporate performance in China

被引:3
|
作者
Shan, Biaoan [1 ]
Liu, Xiaoju [1 ]
Chen, Biao [2 ]
Ma, Jin [1 ]
机构
[1] Jilin Univ, Sch Business & Management, Changchun, Peoples R China
[2] Zhengzhou Univ, Sch Business, Zhengzhou, Peoples R China
基金
中国国家自然科学基金;
关键词
CEO narcissism; Corporate performance; Exploratory innovation; Exploitative innovation; CEO power; TOP MANAGEMENT TEAMS; ENTREPRENEURIAL ORIENTATION; FIRM PERFORMANCE; POWER; EXPLORATION; PERSPECTIVE; INVESTMENT; STRATEGIES; EXPERIENCE; INNOVATION;
D O I
10.1016/j.chieco.2023.101970
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study explores the relationship between chief executive officer (CEO) narcissism and corporate performance in China. Based on the Chinese institutional and cultural background, we introduce organizational innovation as a mediating variable and CEO power as a moderating variable. We find that CEO narcissism is positively related to corporate performance based on 275 companies listed on the growth enterprise market (GEM) from 2012 to 2020. Furthermore, organizational innovation plays a partially mediating role in the relationship between CEO narcissism and corporate performance, and the moderating role of CEO power is partially supported.
引用
收藏
页数:14
相关论文
共 50 条
  • [1] CEO narcissism and corporate misconduct
    Donker, Han
    Nofsinger, John
    Shank, Corey A.
    [J]. ECONOMICS LETTERS, 2023, 228
  • [2] THE EFFECTS OF CEO NARCISSISM AND CORPORATE BRAND REPUTATION ON FIRM PERFORMANCE
    Turner, Karynne
    [J]. GLOBAL AND NATIONAL BUSINESS THEORIES AND PRACTICE: BRIDGING THE PAST WITH THE FUTURE, 2017, : 2389 - 2391
  • [3] Impact of CEO narcissism and hubris on corporate sustainability and firm performance
    Lin, Fengyi
    Lin, Sheng-Wei
    Fang, Wen-Chang
    [J]. NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2022, 59
  • [4] CEO Narcissism and Corporate Tax Sheltering
    Olsen, Kari Joseph
    Stekelberg, James
    [J]. JOURNAL OF THE AMERICAN TAXATION ASSOCIATION, 2016, 38 (01): : 1 - 22
  • [5] Corporate risk and the humpback of CEO narcissism
    Aabo, Tom
    Eriksen, Nicklas Bang
    [J]. REVIEW OF BEHAVIORAL FINANCE, 2018, 10 (03) : 252 - 273
  • [6] Corporate performance and CEO compensation in China
    Firth, Michael
    Fung, Peter M. Y.
    Rui, Oliver M.
    [J]. JOURNAL OF CORPORATE FINANCE, 2006, 12 (04) : 693 - 714
  • [7] CORPORATE SOCIAL RESPONSIBILITY OR CEO NARCISSISM? CSR MOTIVATIONS AND ORGANIZATIONAL PERFORMANCE
    Petrenko, Oleg V.
    Aime, Federico
    Ridge, Jason
    Hill, Aaron
    [J]. STRATEGIC MANAGEMENT JOURNAL, 2016, 37 (02) : 262 - 279
  • [8] Give me uncertainty, and I will shine: CEO narcissism and corporate performance
    Aabo, Tom
    Kirch, Theodor Roe
    Thomsen, Katrine Hoj Stadil
    [J]. GLOBAL FINANCE JOURNAL, 2024, 62
  • [9] CEO narcissism and corporate social responsibility: Does CEO narcissism affect CSR focus?
    Al-Shammari, Marwan
    Rasheed, Abdul
    Al-Shammari, Hussam A.
    [J]. JOURNAL OF BUSINESS RESEARCH, 2019, 104 : 106 - 117
  • [10] DISCUSSION OF CEO Narcissism and Corporate Tax Sheltering
    Brown, Jennifer L.
    [J]. JOURNAL OF THE AMERICAN TAXATION ASSOCIATION, 2016, 38 (01): : 23 - 27