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

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  • Valérie Petit
  • Helen Bollaert

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  • 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
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    References listed on IDEAS

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    9. David Hirshleifer & Angie Low & Siew Hong Teoh, 2012. "Are Overconfident CEOs Better Innovators?," Journal of Finance, American Finance Association, vol. 67(4), pages 1457-1498, August.
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    14. 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.
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    2. Liden, Robert C. & Wang, Xing & Wang, Yue, 2025. "The evolution of leadership: Past insights, present trends, and future directions," Journal of Business Research, Elsevier, vol. 186(C).
    3. Joohee Park & Chune Young Chung, 2016. "CEO Overconfidence, Leadership Ethics, and Institutional Investors," Sustainability, MDPI, vol. 9(1), pages 1-28, December.
    4. Eyal Eckhaus & Zachary Sheaffer, 2018. "Managerial hubris detection: the case of Enron," Risk Management, Palgrave Macmillan, vol. 20(4), pages 304-325, November.
    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. Joseph McManus, 2018. "Hubris and Unethical Decision Making: The Tragedy of the Uncommon," Journal of Business Ethics, Springer, vol. 149(1), pages 169-185, April.
    7. Leonelli Simona, 2024. "The Antecedents to Habitual Entrepreneurship: Exploring the Role of Entrepreneurs’ Narcissism and Educational Level," Entrepreneurship Research Journal, De Gruyter, vol. 14(3), pages 1161-1192.
    8. 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.
    9. Jong-Hun Park & Changsu Kim & Young Kyun Chang & Dong-Hyun Lee & Yun-Dal Sung, 2018. "CEO Hubris and Firm Performance: Exploring the Moderating Roles of CEO Power and Board Vigilance," Journal of Business Ethics, Springer, vol. 147(4), pages 919-933, February.
    10. Niamh M. Brennan & John P. Conroy, 2013. "Executive hubris: the case of a bank CEO," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 26(2), pages 172-195, February.
    11. Lu Zhang & Shenggang Ren & Xiaohong Chen & Dayuan Li & Duanjinyu Yin, 2020. "CEO Hubris and Firm Pollution: State and Market Contingencies in a Transitional Economy," Journal of Business Ethics, Springer, vol. 161(2), pages 459-478, January.
    12. Janina Sundermeier & Martin Gersch & Jörg Freiling, 2020. "Hubristic Start‐up Founders – The Neglected Bright and Inevitable Dark Manifestations of Hubristic Leadership in New Venture Creation Processes," Journal of Management Studies, Wiley Blackwell, vol. 57(5), pages 1037-1067, July.
    13. Aaron D. Hill & Tessa Recendes & Yuting Yang, 2023. "Precarious situations: A prelude to hiring more hubristic chief executive officers," Strategic Management Journal, Wiley Blackwell, vol. 44(3), pages 812-828, March.
    14. Choi, Paul Moon Sub & Chung, Chune Young & Liu, Chang, 2018. "Self-attribution of overconfident CEOs and asymmetric investment-cash flow sensitivity," The North American Journal of Economics and Finance, Elsevier, vol. 46(C), pages 1-14.
    15. Kumar Alok, 2017. "Sāttvika Leadership: An Indian Model of Positive Leadership," Journal of Business Ethics, Springer, vol. 142(1), pages 117-138, April.
    16. Julien Maux & Nadia Smaili, 2024. "CEO narcissism, board of directors and disclosure quality: evidence from the readability of CEO letter," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 21(3), pages 341-358, September.
    17. Sylvain Luc, 2017. "Le mythe du leadership et les approches fonctionnalistes. Au-delà de l'impératif héroïque," Working Papers hal-01536005, HAL.
    18. Chune Young Chung & Changhwan Choi & Amirhossein Fard, 2024. "Self‐serving attribution and managerial investment decision," Bulletin of Economic Research, Wiley Blackwell, vol. 76(3), pages 749-772, July.
    19. Pierre-Yves Néron, 2015. "Egalitarianism and Executive Compensation: A Relational Argument," Journal of Business Ethics, Springer, vol. 132(1), pages 171-184, November.
    20. Vincent Giolito & Paul Verdin, 2017. "Sensemaking and Sensegiving in Strategic Error Management," Working Papers CEB 17-029, ULB -- Universite Libre de Bruxelles.
    21. Sharfa Hassan & Puneet Kaur & Michael Muchiri & Chidiebere Ogbonnaya & Amandeep Dhir, 2023. "Unethical Leadership: Review, Synthesis and Directions for Future Research," Journal of Business Ethics, Springer, vol. 183(2), pages 511-550, March.
    22. Vita Akstinaite & Graham Robinson & Eugene Sadler-Smith, 2020. "Linguistic Markers of CEO Hubris," Journal of Business Ethics, Springer, vol. 167(4), pages 687-705, December.
    23. Janina Sundermeier & Tyge-F. Kummer, 2022. "Does personality still matter in e-commerce? How perceived hubris influences the assessment of founders’ trustworthiness using the example of reward-based crowdfunding," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(3), pages 1127-1144, September.

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