Premium
Corporate social responsibility or CEO narcissism? CSR motivations and organizational performance
Author(s) -
Petrenko Oleg V.,
Aime Federico,
Ridge Jason,
Hill Aaron
Publication year - 2016
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.2348
Subject(s) - narcissism , operationalization , corporate social responsibility , psychology , agency (philosophy) , sample (material) , social psychology , upper echelons , business , public relations , sociology , political science , social science , philosophy , chemistry , epistemology , chromatography , team composition
This study builds on insights from both upper echelons and agency perspectives to examine the effects on corporate social responsibility ( CSR ) practices of CEO 's narcissism. Drawing on prior theory about CEO narcissism, we argue that CSR can be a response to leaders' personal needs for attention and image reinforcement and hypothesize that CEO narcissism has positive effects on levels and profile of organizational CSR ; additionally, CEO narcissism will reduce the effect of CSR on performance. We find support for our ideas with a sample of F ortune 500 CEOs , operationalizing CEO narcissism with a novel media‐based measurement technique that uses third‐party ratings of CEO characteristics with validated psychometric scales . Copyright © 2014 John Wiley & Sons, Ltd.