Overconfident CEOs are less socially responsible
- Written by Barry Oliver, Associate Professor, The University of Queensland
CEOs who are more confident are less likely to sell their own stock in a company.www.shutterstock.comOverconfident CEOs tend to lead to less corporate social responsibility in a company, our research shows. The more confident the CEO, the less their firm invests in activity that has a positive impact on society.
We looked at 2,138 firms with 3,478...