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CEO Narcissism and Accounting: A Picture of Profits

Thu, April 25, 2:40 to 4:20pm, Hyatt Fisherman's Wharf, TBA

Abstract

This study investigates the relationship between narcissistic personality traits in CEOs of Fortune 500 companies and accounting performance measures. Using panel data from 1992 through 2009, we show that firms with narcissistic CEOs have higher Earnings-Per-Share, share price, and audit fees than those with non-narcissistic CEOs. These findings suggest that the personality characteristics of top executives such as narcissism may affect accounting related performance measures, policies, and decisions.

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