CEO Narcissism and Global Performance Variance in Multinational Enterprises: The Roles of Foreign Direct Investment Risk‐Taking and Business Group Affiliation

Jeoung Yul Lee · Yoo Jung Ha · Yingqi Wei · Riikka Mirja Sarala

35 citations0/0 files storedBritish Journal of Management

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

International Business and FDI Corporate Finance and Governance International Student and Expatriate Challenges

Abstract

Abstract This study examines key mechanisms through which CEO narcissism influences global performance variance in the context of Asian emerging market multinational enterprises. Building on the contextual reinforcement model of narcissism and the cushion hypothesis, we focus on the role of foreign direct investment (FDI) risk‐taking and business group affiliation (BGA). We test our moderated mediation model on data from 149 South Korean multinational enterprises from 2006 to 2016. The results show that CEO narcissism is positively associated with FDI risk‐taking. The effect of CEO narcissism on global performance variance is mediated by FDI risk‐taking. Furthermore, BGA moderates the above‐mentioned relationships. Our findings offer important contributions to the international business and CEO narcissism literatures.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 35 citations exist upstream.

References

1979Prospect Theory: An Analysis of Decision under Risk 1984Upper Echelons: The Organization as a Reflection of Its Top Managers 2009The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership 1997INTERNATIONAL DIVERSIFICATION: EFFECTS ON INNOVATION AND FIRM PERFORMANCE IN PRODUCT-DIVERSIFIED FIRMS.2007It's All about Me: Narcissistic Chief Executive Officers and Their Effects on Company Strategy and Performance 2000Estimating the performance effects of business groups in emerging markets 2007Business Groups in Emerging Markets: Paragons or Parasites?2011A meta-analysis of the Dark Triad and work behavior: A social exchange perspective.

Cited by

2023Assessing the Determinants of Corporate Risk-Taking Using Machine Learning Algorithms 2023The impact of managerial psychological characteristics on the supply chain management efficiency

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.