MBA CEOs, Short-Term Management and Performance

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 mor...

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Bibliographic Details
Authors: Miller, Danny (Author) ; Xu, Xiaowei (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2019
In: Journal of business ethics
Year: 2019, Volume: 154, Issue: 2, Pages: 285-300
Further subjects:B Short-term management
B Strategy
B MBA CEOs
B Self-serving behavior
B Firm Performance
Online Access: Volltext (lizenzpflichtig)
Description
Summary: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.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-017-3450-5