Looking at the darker side of the mirror: the impact of CEO's narcissism on corporate social irresponsibility

IF 4.2 Q2 BUSINESS
Marta Riera, María Iborra
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Abstract

Purpose The aim of this article is to highlight the major part played by executives in the escalation of corporate social irresponsibility (CSI). Based on the upper echelons theory, the authors developed a model which shows the essential role of CEOs in explaining CSI. The authors proposed that the key personality traits of CEOs—narcissism—, as well as their power, could explain the degree of CSI. Design/methodology/approach Due to the significant methodological challenges when investigating CSI, the authors explored a novel method for measuring CSI in order to assess the degree of irresponsible behaviors. The authors build a CSI scale based on the perceptions of key informants, i.e. experts with diverse professional backgrounds. The authors apply CSI scale in a sample of 84 Spanish companies that were involved in CSI. Findings The results of the authors’ empirical study show the positive and significant influence of CEO narcissism and CEO power on the degree of CSI. Research limitations/implications On the one hand, corporate irresponsibility scandals have relevant social consequences and practical implications. On the other hand, narcissism is a natural feature of managers in top positions that is increasing in societies. Practical implications The authors’ findings may help CEOs, TMTs and corporate boards to acknowledge potential sources of CSI decreasing its likelihood through counterbalancing CEO's power and considering the dark side of narcissism. Social implications On the one hand, corporate scandals have relevant social and practical implications. On the other hand, narcissism is a natural feature of managers in top positions that is increasing in societies. Originality/value In this paper, the authors highlight the role of CEOs characteristics and their firms as the key actors for explaining and understanding the degree of CSI.
看镜子的阴暗面:CEO的自恋对企业社会不负责任的影响
本文的目的是强调高管在企业社会不负责任(CSI)升级中所起的主要作用。基于上层梯队理论,作者建立了一个模型,该模型显示了ceo在解释CSI中的重要作用。作者提出,首席执行官的关键人格特征——自恋——以及他们的权力,可以解释CSI的程度。设计/方法/方法由于在调查CSI时存在重大的方法挑战,作者探索了一种测量CSI的新方法,以评估不负责任行为的程度。作者根据关键举报人(即具有不同专业背景的专家)的看法构建了CSI量表。本文采用CSI量表对参与CSI的84家西班牙企业进行了抽样分析。实证研究结果显示,CEO自恋和CEO权力对企业犯罪现场满意度有显著的正向影响。研究局限/启示一方面,企业不负责任丑闻具有相关的社会后果和现实意义。另一方面,自恋是高层管理者的一种自然特征,这种特征在社会中越来越多。作者的发现可能有助于CEO、高管和公司董事会认识到CSI的潜在来源,通过平衡CEO的权力和考虑自恋的阴暗面来降低CSI的可能性。一方面,公司丑闻具有相关的社会和现实意义。另一方面,自恋是高层管理者的一种自然特征,这种特征在社会中越来越多。在本文中,作者强调了ceo特征及其公司作为解释和理解CSI程度的关键行动者的作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
6.90
自引率
0.00%
发文量
21
审稿时长
24 weeks
期刊介绍: European Journal of Management and Business Economics is interested in the publication and diffusion of articles of rigorous theoretical, methodological or empirical research associated with the areas of business economics, including strategy, finance, management, marketing, organisation, human resources, operations, and corporate governance, and tourism. The journal aims to attract original knowledge based on academic rigour and of relevance for academics, researchers, professionals, and/or public decision-makers.
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