Are All Narcissistic CEOs Socially Responsible? An Empirical Investigation of an Inverted U-Shaped Relationship Between CEO Narcissism and Corporate Social Responsibility

被引:13
|
作者
Al-Shammari, Marwan [1 ]
Rasheed, Abdul A. [2 ]
Banerjee, Soumendra N. [3 ]
机构
[1] Univ Texas Tyler, Soules Coll Business, Tyler, TX 75799 USA
[2] Univ Texas Arlington, Coll Business, Arlington, TX 76019 USA
[3] Misericordia Univ, Coll Business, Dallas, PA USA
关键词
CEO narcissism; corporate social responsibility; inverted U relationship; PERSON-SITUATION DEBATE; FIRM PERFORMANCE; MODERATING ROLE; RISK-TAKING; ENVIRONMENTAL PERFORMANCE; FINANCIAL PERFORMANCE; NONMARKET STRATEGY; UPPER ECHELONS; BOARD; IMPACT;
D O I
10.1177/10596011211040665
中图分类号
B849 [应用心理学];
学科分类号
040203 ;
摘要
We investigate the relationship between CEO narcissism and corporate social responsibility (CSR). We suggest an alternative to the current assumption of a linear relationship between CEO narcissism and CSR. Instead, we propose an inverted U relationship between the two. Although narcissistic CEOs may engage in CSR, we argue that highly narcissistic CEOs may be drawn to actions that would garner greater attention and they may be less inclined to engage in CSR. Based on a sample of Fortune 500 firms during the period 2006-2013, we find support for an inverted U relationship and support for our arguments that CEO power moderates the relationship between CEO narcissism and CSR.
引用
收藏
页码:612 / 646
页数:35
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