Gao Qingzhu, Gao Liangmou, Long Dengjie, Wang Yuege
School of Business Administration, Dongbei University of Finance and Economics, Dalian 116012, China.
Party School of Chongqing Committee of C.P.C, Marxism College, Chongqing 400041, China.
Behav Sci (Basel). 2023 Mar 10;13(3):245. doi: 10.3390/bs13030245.
Chairman narcissism has received extensive attention in social psychology and organizational behavior, but the relationship between chairman narcissism and social responsibility has not yet received much attention. The purpose of this study is to investigate the effect of chairman narcissism on various dimensions of CSR and the moderating roles of analyst coverages. Based on upper echelons theory and stakeholder theory, we distinguished internal corporate social responsibility (internal CSR) and external corporate social responsibility (external CSR) according to whether there was a formal contractual relationship. This study used a narcissism index of chairmen of Chinese listed companies to examine the relationship between chairman narcissism and internal CSR, external CSR, and the data were analyzed using Stata16.0. The results showed that there was a positive correlation between chairman narcissism and external CSR, and there was a negative correlation between chairman narcissism and internal CSR. That is, the higher the Chairman's narcissism degree is, the more external CSR and less internal CSR the firm makes. Further research showed that analyst coverage has weakened the impact of chairman narcissism on internal and external CSR. This paper enriches and expands the research on chairman narcissism and CSR and provides new ideas for selecting corporate managers and improving corporate governance.
董事长自恋在社会心理学和组织行为学中受到了广泛关注，但董事长自恋与社会责任之间的关系尚未得到太多关注。本研究旨在探讨董事长自恋对企业社会责任各维度的影响以及分析师覆盖的调节作用。基于高层梯队理论和利益相关者理论，我们根据是否存在正式契约关系区分了内部企业社会责任（内部CSR）和外部企业社会责任（外部CSR）。本研究使用中国上市公司董事长的自恋指数来考察董事长自恋与内部CSR、外部CSR之间的关系，并使用Stata16.0对数据进行分析。结果表明，董事长自恋与外部CSR之间存在正相关，董事长自恋与内部CSR之间存在负相关。也就是说，董事长自恋程度越高，公司的外部CSR越多，内部CSR越少。进一步研究表明，分析师覆盖削弱了董事长自恋对内部和外部CSR的影响。本文丰富和拓展了关于董事长自恋与企业社会责任的研究，为企业管理者的选拔和公司治理的完善提供了新思路。
