IDEAS home Printed from
   My bibliography  Save this article

Flying Too Close to the Sun? Hubris Among CEOs and How to Prevent it


  • Valérie Petit


  • Helen Bollaert



No abstract is available for this item.

Suggested Citation

  • Valérie Petit & Helen Bollaert, 2012. "Flying Too Close to the Sun? Hubris Among CEOs and How to Prevent it," Journal of Business Ethics, Springer, vol. 108(3), pages 265-283, July.
  • Handle: RePEc:kap:jbuset:v:108:y:2012:i:3:p:265-283
    DOI: 10.1007/s10551-011-1097-1

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    1. Roll, Richard, 1986. "The Hubris Hypothesis of Corporate Takeovers," The Journal of Business, University of Chicago Press, vol. 59(2), pages 197-216, April.
    2. Malmendier, Ulrike & Tate, Geoffrey, 2008. "Who makes acquisitions? CEO overconfidence and the market's reaction," Journal of Financial Economics, Elsevier, vol. 89(1), pages 20-43, July.
    3. Daniel Palmer, 2009. "Business Leadership: Three Levels of Ethical Analysis," Journal of Business Ethics, Springer, vol. 88(3), pages 525-536, September.
    4. Shleifer, Andrei & Vishny, Robert W., 1989. "Management entrenchment : The case of manager-specific investments," Journal of Financial Economics, Elsevier, vol. 25(1), pages 123-139, November.
    5. Ulrike Malmendier & Geoffrey Tate, 2005. "CEO Overconfidence and Corporate Investment," Journal of Finance, American Finance Association, vol. 60(6), pages 2661-2700, December.
    6. Deshmukh, Sanjay & Goel, Anand M. & Howe, Keith M., 2013. "CEO overconfidence and dividend policy," Journal of Financial Intermediation, Elsevier, vol. 22(3), pages 440-463.
    7. Ciulla, Joanne B., 1995. "Leadership Ethics: Mapping the Territory," Business Ethics Quarterly, Cambridge University Press, vol. 5(01), pages 5-28, January.
    8. Koehn, Daryl, 1998. "Virtue Ethics, the Firm, and Moral Psychology," Business Ethics Quarterly, Cambridge University Press, vol. 8(03), pages 497-513, July.
    9. Gabriel Flynn, 2008. "The Virtuous Manager: A Vision for Leadership in Business," Journal of Business Ethics, Springer, vol. 78(3), pages 359-372, March.
    10. Alexander Bertland, 2009. "Virtue Ethics in Business and the Capabilities Approach," Journal of Business Ethics, Springer, vol. 84(1), pages 25-32, January.
    11. Solomon, Robert C., 2003. "Victims of Circumstances? A Defense of Virtue Ethics in Business," Business Ethics Quarterly, Cambridge University Press, vol. 13(01), pages 43-62, January.
    12. Ma, Hao & Karri, Ranjan & Chittipeddi, Kumar, 2004. "The paradox of managerial tyranny," Business Horizons, Elsevier, vol. 47(4), pages 33-40.
    13. Ulrike Malmendier & Geoffrey Tate & Jon Yan, 2011. "Overconfidence and Early‐Life Experiences: The Effect of Managerial Traits on Corporate Financial Policies," Journal of Finance, American Finance Association, vol. 66(5), pages 1687-1733, October.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:kap:jbuset:v:147:y:2018:i:4:d:10.1007_s10551-015-2997-2 is not listed on IDEAS
    2. Niamh M. Brennan & John P. Conroy, 2013. "Executive hubris: the case of a bank CEO," Accounting, Auditing & Accountability Journal, Emerald Group Publishing, vol. 26(2), pages 172-195, February.
    3. Sylvain Luc, 2017. "Le mythe du leadership et les approches fonctionnalistes. Au-delà de l'impératif héroïque," Working Papers hal-01536005, HAL.
    4. Vishal Gupta & Golshan Javadian & Nazanin Jalili, 2014. "Role of entrepreneur gender and management style in influencing perceptions and behaviors of new recruits: Evidence from the Islamic Republic of Iran," Journal of International Entrepreneurship, Springer, vol. 12(1), pages 85-109, March.
    5. Guoli Chen & Craig Crossland & Shuqing Luo, 2015. "Making the same mistake all over again: CEO overconfidence and corporate resistance to corrective feedback," Strategic Management Journal, Wiley Blackwell, vol. 36(10), pages 1513-1535, October.
    6. Kumar Alok, 2017. "Sāttvika Leadership: An Indian Model of Positive Leadership," Journal of Business Ethics, Springer, vol. 142(1), pages 117-138, April.
    7. Pierre-Yves Néron, 2015. "Egalitarianism and Executive Compensation: A Relational Argument," Journal of Business Ethics, Springer, vol. 132(1), pages 171-184, November.
    8. Joohee Park & Chune Young Chung, 2016. "CEO Overconfidence, Leadership Ethics, and Institutional Investors," Sustainability, MDPI, Open Access Journal, vol. 9(1), pages 1-28, December.
    9. repec:kap:jbuset:v:149:y:2018:i:1:d:10.1007_s10551-016-3087-9 is not listed on IDEAS
    10. Vincent Giolito & Paul Verdin, 2017. "Sensemaking and Sensegiving in Strategic Error Management," Working Papers CEB 17-029, ULB -- Universite Libre de Bruxelles.
    11. W. Rowe, 2014. "Some Antecedents and Consequences of Ethical Leadership: An Examination Using the Kings of Judah From 931 bc to 586 bc," Journal of Business Ethics, Springer, vol. 123(4), pages 557-572, September.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:108:y:2012:i:3:p:265-283. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.