Management

"Firms with overconfident CEOs have greater return volatility, invest more in innovation, obtain more patents and patent citations, and achieve greater innovative success for given research and development expenditures.  ...

"The level of dividend payout is lower in firms managed by overconfident CEOs. This reduction in dividends associated with CEO overconfidence is greater in firms with lower growth opportunities and...

“Across five experiments … we found strong evidence that the powerful are more likely to engage in moral hypocrisy than are people who lack power. J. Lammers, D.A. Stapel, Tilburg...

"High performance organizations are favorable hosts for wrongdoing because high performance requires aggressive behavior at the ethical margins of what is acceptable. The way leadership reacts to competition sets the stage...

The positive relationship between CEO hubris and firm risk taking was stronger when CEO managerial discretion was stronger: when a firm faced munificent but complex markets; had less inertia and...

"The authors analyze existing research and identify issues in definitions and measurement and describe how researchers have fallen prey to hubris fascination. This leads them to put forward two options for future...

"...(while) constructs such as narcissism and hubris have been measured, they are not synonymous with arrogance..." Russell E. Johnson, Michigan State University; Stanley B. Silverman, University of Akron; Aarti Shyamsunder,...

"..special features of financial accounting facilitate extreme narcissism in susceptible CEOs. Extremely narcissistic CEOs are key players in a recurring discourse cycle facilitated by financial accounting language and measures.  ...

"Better vetting procedures to assess psychopathic traits may help prevent those who excel at ‘‘talking the walk’’ from sliding into the pre-management ranks. Even so, it is likely that sour...

"The second-to-fourth digit length ratio ... predicted the traders’ long-term profitability as well as the number of years they remained in the business. 2D:4D also predicted the sensitivity of their profitability...