作者:Zhu, David H.; Chen, Guoli
作者单位:Arizona State University; Arizona State University-Tempe; INSEAD Business School
摘要:We explain why CEOs favor new directors who are similar in narcissistic tendency or have prior experience with other similarly narcissistic CEOs. Because powerful CEOs are more able to select such individuals onto their boards, CEO power is predicted to be positively associated with the above characteristics of new directors. These associations are expected to be stronger when a new director is more different from the CEO in salient demographic characteristics. Moreover, we explain why new dir...