Jeoung Yul Lee , Yingqi Wei , Ryan W. Tang , Byungchul Choi , Fang Lee Cooke
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CEO narcissism, subsidiary top management team international diversity, and radical digital innovation in multinational enterprises
Drawing on the extended agency model of narcissism and upper echelons theory, we develop a theoretical framework that examines the interface between chief executive officers (CEOs) and foreign subsidiary top management teams (TMTs) and the radical digital innovation of multinational enterprises (MNEs). We posit that CEO narcissism and the international diversity of foreign subsidiaries' TMTs positively influence an MNE's radical digital innovation. However, we also argue that this international diversity of foreign subsidiaries' TMTs weakens the influence of CEO narcissism on radical digital innovation. These hypotheses gain support from empirical analyses of a sample of 3064 firm-year observations comprising 769 CEOs from 347 South Korean MNEs between 2011 and 2020. Our findings underscore the importance of CEO personality traits, i.e. narcissism, and TMT composition, i.e. international diversity, at the intersection between strategic leadership and radical digital innovation.
期刊介绍:
Research Policy (RP) articles explore the interaction between innovation, technology, or research, and economic, social, political, and organizational processes, both empirically and theoretically. All RP papers are expected to provide insights with implications for policy or management.
Research Policy (RP) is a multidisciplinary journal focused on analyzing, understanding, and effectively addressing the challenges posed by innovation, technology, R&D, and science. This includes activities related to knowledge creation, diffusion, acquisition, and exploitation in the form of new or improved products, processes, or services, across economic, policy, management, organizational, and environmental dimensions.