Affiliation:
1. Regional Science and Business Administration Szechenyi Istvan University Győr Hungary
2. College of Business The University of Rhode Island Kingston Rhode Island USA
Abstract
AbstractThis study investigates the effect of CEO narcissism on firm's cash conversion cycle (CCC), and how this influence is moderated by CEO gender. Based on a sample of 354 CEOs in 229 S&P 500 firms, our results indicate that firms led by more narcissistic CEOs tend to have a shorter CCC and this effect is weaker in companies led by a female CEO. Our additional analyses show that the effect of CEO narcissism on the CCC may improve or damage firm performance depending on the firm's CCC level.
Subject
Economics, Econometrics and Finance (miscellaneous),Finance,Accounting