As it's accepted in this literature that the best measure
of CEO narcissism - getting CEOs to fill out psychological surveys, presumably
in a spirit of honest self-disclosure - is not realistically available, the
papers use what (drawing on preexisting psychology literature) they call
"unobtrusive indicators" of this personality profile. These may
include, for example, "the prominence of the CEO’s photograph in the
company’s annual report; the CEO’s prominence in the company’s press releases;
the length of the CEO’s Who’s
Who entry; the CEO’s use of
first person singular pronouns in interviews; the CEO’s cash compensation
divided by that of the second-highest paid executive in the firm; and the CEO’s
non-cash compensation divided by that of the second- highest paid executive in
the firm." [From Chatterjee and Hambrick, which is the
second of the three articles linked above.]
Certainly an interesting literature that I plan to look at
some more when I have the chance.
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