While narcissist CEOs can use their charisma and risk-taking tendencies to lead a company to great financial success and innovation, narcissism among top management is often a double-edge sword. Companies led by narcissistic CEOs reported higher earnings-per-share and share price than companies with non-narcissistic CEOs, according to a study, “CEO narcissism and accounting: a picture of profits,” recently published in the Journal of Management Accounting Research, according to Phys.org, a science and technology news service. “On one hand, there may be something about individuals with narcissistic personality tendencies that helps them excel in executive leadership positions,” wrote Kari Joseph Olsen from the University of Southern California, in a 2011 version of the research paper, which studied narcissistic CEOs at Fortune 500 companies. Here are other behaviors of narcissistic CEOs and how they can affect their companies:
via Business News http://ift.tt/1k431fS
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