Abstract
This study investigates the role narcissism in corporate leadership has on the earnings management for a sample of 514 listed companies in Bursa Malaysia between year 2009 and 2015. Using the unobtrusive method and robust panel regression, we find that the narcissistic CEO has positive association with the earnings management. It means that a narcissistic CEO has a tendency to manage corporate earnings to fulfil their ego, which brings a new perspective to agency theory. For shareholders, the number of CEO photographs in the annual report may be an early warning sign of self-centric earnings management.
| Original language | English |
|---|---|
| Pages (from-to) | 223-249 |
| Number of pages | 27 |
| Journal | Journal of Management and Governance |
| Volume | 25 |
| Issue number | 1 |
| Early online date | 7 Mar 2020 |
| DOIs | |
| Publication status | Published - Mar 2021 |
| Externally published | Yes |
Funder
Funding was provided by Universiti Malaysia Sarawak (Grant No. F01/SpMYRA/1680/2018).Keywords
- Earnings management
- Malaysia
- Narcissism
- Narcissistic CEO
ASJC Scopus subject areas
- Business and International Management