SGS Brownbag - Umair Khan, HEC Lausanne
It's time for me to shine: narcissistic CEOs and distance in cross-border acquisitions
Wednesday 19 February 2020 (12h00 - 13h30) - Extranef - 109
This study examines how CEOs narcissism affects the internationalization decisions of the firms. We propose a novel approach for measuring CEO narcissism, based on the choice of words used by CEOs during the quarterly earnings conference calls that they hold with stock market analysts. We find that highly narcissistic CEOs choose countries which are more distant in terms of culture, political structure, geography, and economic development.