CEO humility,narcissism and firm innovation: A paradox perspective on CEO traits |
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| Authors: | Hongyu Zhang Amy Y Ou Anne S Tsui Hui Wang |
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| Institution: | 1. CUFE Business School, Central University of Finance and Economics, China;2. NUS Business School, National University of Singapore, Singapore;3. University of Notre Dame, USA, Peking University and Fudan University, China;4. Guanghua School of Management, Peking University, China |
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| Abstract: | We examine how two seemingly contradictory yet potentially complementary CEO traits—humility and narcissism—interact to affect firm innovation. We adopt a paradox perspective and propose that individuals can have paradoxical traits and that, in particular, humility and narcissism can coexist harmoniously, especially among the Chinese, whose philosophical tradition embraces paradoxical thinking and behaving. CEOs that are both humble and narcissistic are hypothesized to be more likely to have socialized charisma, to cultivate an innovative culture, and to deliver innovative performance. Two studies using multisource data involving 63 CEOs, 328 top managers, and 645 middle managers in Study 1 and 143 CEOs and 190 top managers in Study 2 support the hypotheses and point to new directions for studying CEO traits and their effects on firm outcomes. |
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| Keywords: | Firm innovation Humility Narcissism Paradox Socialized charisma |
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