Lauded psychotherapist and narcissism expert Otto Kernberg claimed that midlife crises were almost solely a narcissistic phenomenon. This article, in part, takes this claim as inspiration and investigates the relationship between grandiose narcissism and wellbeing. Importantly, and following...

In informal economic contexts, migrant entrepreneurs have been extolled as highly resilient and adaptable. This study critically investigates the adverse psychological foundations inherent in such enterprises, focusing on how dark triad personality traits emerge in the leadership orientations of...

Prior research has investigated how narcissistic executives affect firm policies and outcomes and how these executives influence colleagues and followers. However, almost no research exists concerning the impact of narcissistic executives on external agents. We examine the case of credit...

Narcissism is a multifaceted personality trait that profoundly influences individuals' cognition, emotions, and actions. This study investigates the relationship between narcissistic CEOs and their engagement in opportunistic insider trading. Utilizing a quantitative measure of CEOs’...

Abstract—We show that mutual fund managers’ level of narcissism is highly relevant for money management. Supporting the notion that narcissists disregard agreements more often than others, we find that narcissistic fund managers are 34% more likely to deviate from the advertised investment...

Analyzing verbatim interviews, we show that mutual fund managers’ level of narcissism is highly relevant for money management. Supporting the notion that narcissists disregard agreements more often than others, we find that narcissistic fund managers are 34% more likely to deviate from the...

Narcissistic CEOs tend to act to preserve a favorable public image. We content that in their avoidance of behaviors that might harm their reputation as a great leader, a narcissistic CEO minimizes actions that cause corporate misconduct. Consistent with our hypothesis, we find empirical evidence...

"Dark Triad in Leaders examines how corporate and political history is filled with 'successful' figures who ultimately caused harm, sowed misery and destroyed organizations. Arménio Rego, Miguel Pina e Cunha, Ace V. Simpson, and Stewart R. Clegg explore the concept and consequences of 'Dark...

What happened to Narcissus? -- Mirror, mirror on the wall -- The narcissistic trainwreck -- The imperative to win -- Are you prone to hubris? -- The macabre dance of hubris and nemesis -- The malignant narcissist -- Wrestling with a narcissist -- Influencing narcissists through group dynamics --...

This paper examines the relation between CEO narcissism and firm’s credit ratings. Using the size of the CEO signature to measure CEO narcissism, we find that narcissistic CEOs are associated with lower firm’s credit ratings. The negative association between CEO narcissism and credit ratings...

Global capital markets rely heavily on independent and skeptical auditors as gatekeepers to provide assurance that corporate financial reports are free of material fraud. The rise of narcissism among the ranks of both client and audit professionals challenge this gatekeeper function. In...

This study examines the effects of narcissism and bonus-based incentive plans on managerial decision-making performance. Using an experiment, the authors first examine decision choices under two levels of an incentive threshold (high and low). Narcissism is measured using the Narcissistic...

Prior research in psychology reports an age-based bias against narcissists. We examine whether managers' reactions to narcissistic subordinates exhibit a similar bias. Using an experimental method, where we manipulate subordinate narcissism, we find evidence of an age-based bias. Older managers...

In this paper, we test the hypothesis that CEO narcissism influences firms' hedging behaviour. Unlike rare but transformative events like acquisitions, derivative usage offers the narcissistic manager a convenient stage for bold and decisive action that generates a continuous supply of...

Using a social exchange perspective of narcissism as the foundation for study hypotheses, this study explored the relationship between leaders’ narcissism (as rated by subordinates) and the well-being of both leaders and subordinates at the individual and group levels. Results from a sample of...

The dark triad is a psychological term explaining individual negative dispositions. It is composed of Machiavellianism, which is a tendency to manipulate others to gain advantage, psychopathy, which is a general lack of empathy, and narcissism, which is excessive self-love. The negative effects...

This study investigates the relationship between narcissistic personality characteristics in CEOs of Fortune 500 companies and financial performance measures of earnings-per-share and stock valuation. Using panel data from 1992 through 2009, we show that firms with narcissistic CEOs have higher...