The Effect of Misalignment of CEO Personality and Corporate Governance Structures on Firm Performance

We utilize the IBM Watson Personality Insights service to analyze CEOs’ verbal communication during conference calls to infer CEOs’ Big Five personality traits, which we employ to estimate their risk tolerance levels. We then explore whether the misalignment of CEO risk tolerance and governance structures is associated with company performance. Using a two-stage contingency approach, we test two hypotheses: (1) CEO risk tolerance and corporate governance structures are associated; and (2) misalignment of these structures with risk tolerance is negatively associated with financial performance. Based on a sample of 8208 firm-year observations during 2002–2013, we find support for both predictions. Our results support upper echelons theory and suggest that knowledge about CEOs’ inherent personality traits is important and relevant for governance mechanisms to work effectively.

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The Influence of Personality Traits on Households’ Financial Risk Tolerance and Financial Behaviour

Journal of Interdisciplinary Economics ◽

10.1177/0260107917731034 ◽

2017 ◽

Vol 30 (1) ◽

pp. 32-54 ◽

Cited By ~ 9

Author(s):

Teerapong Pinjisakikool

Keyword(s):

Personality Traits ◽

Instrumental Variables ◽

Big Five ◽

Financial Risk ◽

Big Five Personality Traits ◽

Risk Tolerance ◽

Big Five Personality ◽

Financial Behaviour ◽

Potential Factors ◽

Financial Risk Tolerance

Using a large sample that can represent the Dutch population, this article mainly studies the determinants of financial risk tolerance. I propose that the big five personality traits are the potential factors that can explain differences in financial risk tolerance among individuals. Furthermore, this article examines the effect of personality traits on the actual financial behaviour of households through financial risk tolerance. I find that all the big five personality traits including extraversion, agreeableness, conscientiousness, emotional stability and intellect significantly predict financial risk tolerance. Additionally, these personality traits as instrumental variables can also indirectly predict the financial behaviour of households. JEL: D10, D14, D19

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The Relationship Between Narcissism and Personality Traits of the Five-Factor-Model in Adolescents and Young Adults

Zeitschrift für Kinder- und Jugendpsychiatrie und Psychotherapie ◽

10.1024/1422-4917/a000588 ◽

2018 ◽

Vol 46 (6) ◽

pp. 516-522 ◽

Cited By ~ 2

Author(s):

Marc Allroggen ◽

Peter Rehmann ◽

Eva Schürch ◽

Carolyn C. Morf ◽

Michael Kölch

Keyword(s):

Young Adults ◽

Personality Traits ◽

Five Factor Model ◽

Self Report ◽

Adolescents And Young Adults ◽

Personality Factors ◽

Big Five Personality ◽

Grandiose Narcissism ◽

Vulnerable Narcissism ◽

The Relationship

Abstract.Narcissism is seen as a multidimensional construct that consists of two manifestations: grandiose and vulnerable narcissism. In order to define these two manifestations, their relationship to personality factors has increasingly become of interest. However, so far no studies have considered the relationship between different phenotypes of narcissism and personality factors in adolescents. Method: In a cross-sectional study, we examine a group of adolescents (n = 98; average age 16.77 years; 23.5 % female) with regard to the relationship between Big Five personality factors and pathological narcissism using self-report instruments. This group is compared to a group of young adults (n = 38; average age 19.69 years; 25.6 % female). Results: Grandiose narcissism is primarily related to low Agreeableness and Extraversion, vulnerable narcissism to Neuroticism. We do not find differences between adolescents and young adults concerning the relationship between grandiose and vulnerable narcissism and personality traits. Discussion: Vulnerable and grandiose narcissism can be well differentiated in adolescents, and the pattern does not show substantial differences compared to young adults.

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Intelligence and Personality

Journal of Individual Differences ◽

10.1027/1614-0001/a000311 ◽

2020 ◽

Vol 41 (3) ◽

pp. 124-132

Author(s):

Marc-André Bédard ◽

Yann Le Corff

Keyword(s):

Personality Traits ◽

Big Five ◽

Real Life ◽

Big Five Personality Traits ◽

Original Study ◽

Life Assessment ◽

Big Five Personality ◽

Verbal Intelligence ◽

Nonverbal Intelligence ◽

French Canadian

Abstract. This replication and extension of DeYoung, Quilty, Peterson, and Gray’s (2014) study aimed to assess the unique variance of each of the 10 aspects of the Big Five personality traits ( DeYoung, Quilty, & Peterson, 2007 ) associated with intelligence and its dimensions. Personality aspects and intelligence were assessed in a sample of French-Canadian adults from real-life assessment settings ( n = 213). Results showed that the Intellect aspect was independently associated with g, verbal, and nonverbal intelligence while its counterpart Openness was independently related to verbal intelligence only, thus replicating the results of the original study. Independent associations were also found between Withdrawal, Industriousness and Assertiveness aspects and verbal intelligence, as well as between Withdrawal and Politeness aspects and nonverbal intelligence. Possible explanations for these associations are discussed.

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Personality of Clown Doctors

Journal of Individual Differences ◽

10.1027/1614-0001/a000187 ◽

2016 ◽

Vol 37 (1) ◽

pp. 49-55 ◽

Cited By ~ 5

Author(s):

Alberto Dionigi

Keyword(s):

General Population ◽

Personality Traits ◽

Big Five ◽

Normal Population ◽

Big Five Personality Traits ◽

Published Data ◽

Big Five Personality

Abstract. In recent years, both professional and volunteer clowns have become familiar in health settings. The clown represents a peculiar humorist’s character, strictly associated with the performer’s own personality. In this study, the Big Five personality traits (BFI) of 155 Italian clown doctors (130 volunteers and 25 professionals) were compared to published data for the normal population. This study highlighted specific differences between clown doctors and the general population: Clown doctors showed higher agreeableness, conscientiousness, openness, and extraversion, as well as lower neuroticism compared to other people. Moreover, specific differences emerged comparing volunteers and professionals: Professional clowns showed significantly lower in agreeableness compared to their unpaid colleagues. The results are also discussed with reference to previous studies conducted on groups of humorists. Clowns’ personalities showed some peculiarities that can help to explain the facility for their performances in the health setting and that are different than those of other groups of humorists.

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