Abstract

Scholars have called for further research into the antecedents of CPA, particularly those related to CEO characteristics. In this article, we consider one CEO characteristic that has seen increasing attention in the management sciences but has yet to be applied to CPA research: CEO narcissism. We argue that while CEO narcissism might not be related to CPA in general, it will be related to a specific kind of CPA, namely CPA aimed at more ideologically extreme politicians. Using two different estimators to address endogeneity bias inherent to much CPA research, we found partial support for our hypothesis regarding CPA in general and strong support for our prediction that narcissistic CEOs will be related to ideologically extreme CPA. In this way, we add nuance to the debate over why firms engage in CPA.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.