Chief executive officer narcissism, power and sustainable development goals reporting: An empirical analysis

Authors: Awuah, B., Elbardan, H. and Yazdifar, H.

Journal: Business Strategy and the Environment

Volume: 33

Issue: 7

Pages: 7630-7650

eISSN: 1099-0836

ISSN: 0964-4733

DOI: 10.1002/bse.3889

Abstract:

Grounded in both agency and upper echelons perspectives, this paper examines the effects of chief executive officer (CEO) narcissism and power on corporate reporting on the Sustainable Development Goals (SDGs). We theorise that CEOs' narcissistic tendencies and power will influence their firms' SDGs engagement and reporting practices. We also examine whether SDGs reporting affects firm performance. Based on a sample of FTSE 100 companies for the period 2018–2022, we test our ideas using generalised estimating equations. The results show that CEO narcissism is positively related to SDGs reporting; however, this effect is weaker in firms led by older narcissistic CEOs. Further, CEO power is negatively associated with SDGs reporting, suggesting that firms led by powerful CEOs are reluctant to integrate the SDGs. Finally, corporate SDGs reporting lacks any value-enhancing effect on firm performance, supporting the symbolic perspective of sustainability management. Our results contribute to the literature on SDGs accounting and enrich our understanding of the underlying dynamics shaping corporate disclosure practices.

https://eprints.bournemouth.ac.uk/40110/

Source: Scopus

Chief executive officer narcissism, power and sustainable development goals reporting: An empirical analysis

Authors: Awuah, B., Elbardan, H. and Yazdifar, H.

Journal: BUSINESS STRATEGY AND THE ENVIRONMENT

Volume: 33

Issue: 7

Pages: 7630-7650

eISSN: 1099-0836

ISSN: 0964-4733

DOI: 10.1002/bse.3889

https://eprints.bournemouth.ac.uk/40110/

Source: Web of Science (Lite)

CEO narcissism, power, and corporate SDG reporting: An empirical analysis

Authors: Elbardan, H., Yazdifar, H. and Awuah, B.

Journal: Business Strategy and the Environment

https://eprints.bournemouth.ac.uk/40110/

Source: Manual

Chief executive officer narcissism, power and sustainable development goals reporting: An empirical analysis

Authors: Awuah, B., Elbardan, H. and Yazdifar, H.

Journal: Business Strategy and the Environment

Volume: 33

Issue: 7

Pages: 7630-7650

ISSN: 0964-4733

Abstract:

Grounded in both agency and upper echelons perspectives, this paper examines the effects of CEO narcissism and power on corporate reporting on the Sustainable Development Goals (SDGs). We theorise that CEOs’ narcissistic tendencies and power will influence their firms’ SDGs engagement and reporting practices. We also examine whether SDGs reporting affects firm performance. Based on a sample of FTSE 100 companies for the period 2018-2022, we test our ideas using generalised estimating equations. The results show that CEO narcissism is positively related to SDGs reporting; however, this effect is weaker in firms led by older narcissistic CEOs. Further, CEO power is negatively associated with SDGs reporting, suggesting that firms led by powerful CEOs are reluctant to integrate the SDGs. Finally, corporate SDGs reporting lacks any value-enhancing effect on firm performance, supporting the symbolic perspective of sustainability management. Our results contribute to the literature on SDGs accounting and enrich our understanding of the underlying dynamics shaping corporate disclosure practices.

https://eprints.bournemouth.ac.uk/40110/

Source: BURO EPrints