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MBA CEOs, Short-Term Management and Performance

Author

Listed:
  • Danny Miller

    (HEC Montreal
    University of Alberta)

  • Xiaowei Xu

    (University of Rhode Island)

Abstract

There is ample discussion of MBA self-serving values in the corporate social responsibility literature, and yet empirical studies regarding the corporate manifestations and consequences of those values are scant. In a comprehensive study of major US public corporations, we find that MBA CEOs are more apt than their non-MBA counterparts to engage in short-term strategic expedients such as positive earnings management and suppression of R&D, which in turn are followed by compromised firm market valuations.

Suggested Citation

  • Danny Miller & Xiaowei Xu, 2019. "MBA CEOs, Short-Term Management and Performance," Journal of Business Ethics, Springer, vol. 154(2), pages 285-300, January.
    • Handle: RePEc:kap:jbuset:v:154:y:2019:i:2:d:10.1007_s10551-017-3450-5
    DOI: 10.1007/s10551-017-3450-5
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