The shadow of narcissism on CSR: unveiling hidden dynamics of financial performance within the SBF 120

What is it about?

This study looks at how companies’ efforts in social and environmental responsibility affect their financial performance, especially when the CEO shows narcissistic traits. Analyzing data from 120 French companies, the study finds that while CSR generally helps improve financial results, narcissistic CEOs can weaken this positive effect by prioritizing personal image over genuine sustainability efforts. It recommends that companies balance CSR initiatives with careful attention to leadership styles and highlights the role of strong governance in achieving better financial outcomes

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