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Corporate social responsibility or CEO narcissism? CSR motivations and organizational performance. (2015)

"CSR initiatives may result from leaders’ personal needs for attention and image reinforcement and be less strategic for their organizations in terms of financial performance and focus. Oleg V. Petrenko, Federico Aime and Aaron D. Hill, Oklahoma State University: Jason W. Ridge, Clemson University, South Carolina. Strategic Management Journal, 37(2), 262-279. Researchers … have examined a variety of explanations for m...

Written by: Petrenko, O. V., Aime, F., Ridge, J., & Hill, A.

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Five stars and falling stars. (2016)

“Hubris has a nasty habit of breeding disaster, particularly when combined with oodles of cheap debt.” Gillian Tett, Ft.com > FT Magazine, 8 April 2016 “...in 1990 the Japanese bubble burst, unleashing a financial crisis. “...so far this year, Chinese companies have bid $100bn for overseas acquisitions, almost as much as they spent in all of 2015 (which was a record). And the fee-hungry American mergers and ...

Written by: Tett, Gillian.

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All but Tata could see the hubris of buying Corus. (2016)

"It was … up there with Lloyds’ merger with HBOS or Royal Bank of Scotland’s acquisition of ABN Amro in the roll call of disastrously ill-judged takeovers. Jeremy Warner The Telegraph: Business (online) 2 April 2016 "...it was frankly obvious to virtually everyone other than Tata Steel itself, and its massed ranks of fee hungry investment bankers, that the company was buying a pig in a poke when it acquired Corus, together w...

Written by: Warner, Jeremy.

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Tesla blames ‘hubris’ for Model X part delays. (2016)

“Given loss-making Tesla’s history of missed deadlines, this target needed to be met to earn the faith of consumers and investors alike BBC News: technology (online) 5 April 2016 “Tesla Motors has revealed that supplies of its Model X electric car have been impacted by a shortage of parts meaning delays for some who have ordered them. “… It was frank about the reasons for the delay: "The root causes of the p...

Written by: BBC

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Lonely at the top (podcast). (2016)

"Can a coach or mentor change the behaviour of a destructive organisational sociopath? This practitioner says no. Comments taken from an edition of the BBC Radio 4 programme ‘The Bottom Line’ called ‘Lonely at the Top: What goes on between a manager and his or her coach?’ First broadcast 17 March 2016 Host Evan Davies with guests Gavin Patterson, CEO of BT Group; Melanie Richards, Vice Chairman and Partner o...

Written by: Davies, Evan.

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Master of puppets: How narcissistic CEOs construct their professional worlds. (2016)

“…narcissistic CEOs …pursue media celebrity, affiliate with high-status board members, employ lower-status management team members and manage each group differently...” Arijit Chatterjee, Management, ESSEC Business School, Singapore and Timothy Pollock, Penn State University Academy of Management Review, amr-2015. Abstract: “We explore how narcissistic CEOs addres...

Written by: Chatterjee, A., & Pollock, T.

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The rise of toxic leaders in organisations. (2016)

“In.. two decades as an executive coach ... I’ve seen a disproportionate share of toxic leaders... Here are some things I’ve learned as a result of my experiences. Ray Williams, coaching practitioner International Coach Federation Blog, 25 Feb 2016. “…anecdotal and research evidence shows that one out of every five leaders is toxic, and (may be) closer to three out of every ten leaders. “In my last two ...

Written by: Williams, Ray.

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Hubris and unethical decision making: the tragedy of the uncommon. (2016)

"...hubris leads managers to invoke an amoral decision process which causes a higher incidence of unethical behavior among these individuals. Joseph McManus, Monmouth University, New Jersey Journal of Business Ethics, 1-17 From the abstract: The research discussed way hubris affects ethical decision making and develops empirical evidence that earnings manipulation is more likely at firms led by CEOs influenced...

Written by: McManus, J.

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Do brains of managers with different leadership styles function differently in making rational managerial and financial decisions? (2016)

"...investigators are using functional neuroimaging to explore ways brain emotion reactions influence financial decision making. United Arab Emirates University press release EurekaAlert! 13 April 2016 Dr Ahmed Abdel-Maksoud, UAEU; with Professor Hassan HassabElnaby, Professor Haitham Elsamaloty, Dr Xin Wang, Dr Amal Said, all University of Toledo   Researchers from United Arab Emirates University and...

Written by: Abdel-Maksoud, A., HassabElnaby, H., Elsamaloty, H., Wang, X. & Said, A.

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