Master of Puppets: How Narcissistic CEOs Construct Their Professional Worlds
研究了自恋CEO如何通过追求媒体声誉和与高地位董事结盟来满足对赞誉的需求,同时通过雇佣低地位、年轻且经验不足的高管团队来满足支配他人的需求,并探讨了CEO自恋影响公司绩效的中介机制。
We explore how narcissistic CEOs address two powerful and conflicting needs: the need for acclaim and the need to dominate others. We argue that narcissistic CEOs address their need for acclaim by pursuing celebrity in the media and affiliating with high-status board members, and they address their need to dominate others by employing lower-status, younger, and less experienced top management team members who will be more deferential to and dependent on them. They manage each group differently through the use of different rewards, punishments, and influence tactics. We extend prior theory on CEO narcissism by exploring the mediating constructs that can link CEO narcissism and firm performance, offer a greater understanding of corporate governance by exploring how CEO personality traits influence governance structures, and demonstrate how a CEO’s personality characteristics can affect the acquisition of social approval assets.