Posts tagged with: CEOs and governance
Overconfidence and early-life experiences: the effect of management traits on corporate financial policies. (2011)
"..overconfident managers use less external finance .. CEOs who grew up during the Great Depression are averse to debt .. CEOs with military experience pursue more aggressive policies Malmendier, U., University...
CEO overconfidence and management forecasting. (2011)
"Overconfident CEOs are more likely to issue optimistically biased forecasts because they overestimate their ability to affect their financial results and/or they underestimate the probability of random events Hribar,...
Status differentiation and the protean self: A social-cognitive model of unethical behavior in organizations. (2011)
“The news lately is replete with .. high level executives of nearly bankrupt companies cutting jobs, pay, or pensions with one hand, while accepting bonuses and fantastic perquisites for themselves with...
Lord Owen: what is Hubris Syndrome? (2011)
An introduction to the concept of Hubris Syndrome and how it manifests in leaders. “.. I’ve grown increasingly worried about … the way in which decisions are made … by leaders, and...
Detecting linguistic traces of destructive narcissism at-a-distance in a CEO’s letter to shareholders. (2011)
"Through selective analyses of letters to shareholders the authors explore the potential of this important form of corporate communications to provide linguistic traces of destructive narcissism. Amernic, J: Joseph...
Behavioral governance and self-conscious emotions: Unveiling governance implications of authentic and hubristic pride. (2011)
"The authors elucidate the ‘bright’ connotation of pride, namely authentic pride. They argue that examining both positive and negative facets of pride is a critical complement to understanding the governance...
The corporate psychopaths theory of the global financial crisis. (2011)
"psychopaths in corporations … had a major part in causing the crisis. Their rise has been facilitated by changes in the way people are employed, particularly in the last third...
Executive personality, capability cues, and risk taking: how narcissistic CEOs react to their successes and stumbles. (2011)
"research into responses to objective performance vs social praise... provides new insights about the antecedents of executives’ confidence." Arijit Chatterjee, assistant professor, Ecole Superieure des Sciences Economiques et Commerciales (ESSEC),...
CEO overconfidence and dividend policy. (2010)
"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...
Ethical marginality: the Icarus syndrome and banality of wrongdoing. (2010)
"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...