Chief executive officer narcissism and firm value: The mediating role of corporate social responsibility in the South Korean context

Autor:	Su-Yol Lee, Keun-Hyo Yook
Rok vydání:	2020
Předmět:	Strategy and Management Business administration media_common.quotation_subject 05 social sciences Enterprise value Context (language use) 06 humanities and the arts Management Monitoring Policy and Law Development 0603 philosophy ethics and religion Promotion (rank) Conceptual framework 0502 economics and business Mediation Narcissism medicine Personality Corporate social responsibility 060301 applied ethics Business medicine.symptom 050203 business & management media_common
Zdroj:	Corporate Social Responsibility and Environmental Management. 27:1709-1718
ISSN:	1535-3966 1535-3958
DOI:	10.1002/csr.1918
Popis:	This study analyzes whether narcissism in chief executive officers (CEOs) affects firm value through the promotion of corporate social responsibility (CSR) initiatives. Employing the upper‐echelons perspective, we present a research framework for the relationship between CEO narcissism and firm performance with CSR as the mediation variable. The results of the regression analysis of 265 firm‐year South Korean samples from 2010 to 2016 indicate that CEO narcissism promotes CSR initiatives and CSR enhances firm value in the capital market. However, the results do not provide evidence that CSR mediates the link between CEO narcissism and desirable organizational outcomes. The findings of this study build a better theoretical and practical understanding of the antecedents and consequences of CSR from the CEO's psychological personality perspective.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::54ef8e6e47b10ab2345fa40dc785e2f9 https://doi.org/10.1002/csr.1918 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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