Modesty in the Top Management Team
研究高管团队谦逊这一被忽视的正面特质，发现其能引发投资者对业绩电话会议的积极反应，并与更高企业绩效相关。
Much of the recent research on executive characteristics focuses on attributes that society tends to view negatively, such as self-interest, self-serving bias, and narcissism. While providing insights into how executives’ impact organizational outcomes, there may be attributes more positively viewed by society present in top management teams (TMTs) that have been overlooked, specifically TMT modesty. Though modesty deviates from the conventional view of executives, evidence from social psychology suggests that modesty positively impacts career success and upward mobility, suggesting that at least some individuals that rise to the level of the TMT are more modest than previously expected. Building on this insight, we argue that TMT modesty both elicits positive investor reactions following earnings calls and corresponds with higher levels of firm performance.