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Overconfident CEOs are less socially responsible

  • Written by Barry Oliver, Associate Professor, The University of Queensland
imageCEOs who are more confident are less likely to sell their own stock in a company.www.shutterstock.com

Overconfident 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...

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