Is Executive Hubris Manifested in CEO Letters to Shareholders?
30 Pages Posted: 5 Sep 2016
Date Written: September 2, 2016
Abstract
We examine the extent and evolution of Hubris in a bank CEO, through textual analysis of the CEO letter to the Shareholders. Drawing on new developments in clinical psychology we surface evidence of overconfidence, narcissism and hubris over the 2000-2008 period.
Keywords: Hubris, Overconfidence, Narcissism, CEO, Bank
JEL Classification: G02, M12
Suggested Citation: Suggested Citation
Devlin, Michael and Lucey, Brian M., Is Executive Hubris Manifested in CEO Letters to Shareholders? (September 2, 2016). Available at SSRN: https://ssrn.com/abstract=2833919 or http://dx.doi.org/10.2139/ssrn.2833919
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