Believing One’s Own Press : The Causes and Consequences of CEO Celebrity  

Oleh:

Hayward, Mathew L.A. ; Rindova, Violina P. ; Pollock, Timothy G.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 25 no. 7 (Jul. 2004), page 637-654.
Topik: ceo; celebrity; CEO hubris; strategic decision making; over - confidence

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.16 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This theoretical article introduces the construct of CEO celebrity in order to explain how the tendency of journalists to attribute a firm's actions and outcomes to the voalition of its CEO affects such firm. In the model developed here, journalists celebrate a CEO whose firm takes strategic actions that are distinctive and consistent by attributing such actions and performance the disposition of its CEO rather than to broader situational factors. A CEO who internalizes such celebrity will also tend to believe this over - attribution and become overconfident abouth the efficacy of her past actions and future abilities. Hubris arises when CEO overconfidence results in problematic firm decisions, including undue persistence with actions that produce celebrity.

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