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How does CEO narcissism affect enterprise ambidextrous technological innovation? The mediating role of corporate social responsibility

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  • Zeping Wang
  • Xingqiu Hu
  • Feifei Yu

Abstract

In the context of a dynamic environment and increasing competition, innovation is the key for companies to gain long-term growth. And narcissism, as an important psychological factor influencing CEOs to make corporate decisions, has a significant impact on corporate innovation strategies. This study explores localized dimensions and ways of measuring narcissism among Chinese CEOs. Based on the upper echelons theory, using data from R&D-intensive firms listed in Shanghai and Shenzhen A-shares from 2015–2020, this study empirically examines the effect of CEO narcissism on exploratory and exploitative innovation and the mediating role of corporate social responsibility. The results show that: CEO narcissism has a positive effect on corporate ambidextrous technological innovation and a more significant effect on exploratory innovation; the mediating role of corporate social responsibility is all verified. These findings provide a reference for listed companies to select and hire CEOs scientifically and rationally, and have important implications for companies to develop long-term innovation strategies.

Suggested Citation

  • Zeping Wang & Xingqiu Hu & Feifei Yu, 2023. "How does CEO narcissism affect enterprise ambidextrous technological innovation? The mediating role of corporate social responsibility," PLOS ONE, Public Library of Science, vol. 18(1), pages 1-21, January.
    • Handle: RePEc:plo:pone00:0280758
    DOI: 10.1371/journal.pone.0280758
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    References listed on IDEAS

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