Well, that explains it!
Narcissistic CEOs Are the Best! Until They’re Not.
Egotistical leaders may drive up stock prices -- for a while.
Shutterstock / Daniel Zuppinger
A USC Marshall study released this week found that companies with narcissistic CEOs at the helm reported higher stock prices and earnings per share than businesses run by their less-egotistical counterparts.
Hang onto your hairpieces, though, would-be Donald Trumps. The university press office adds a big “but”: “The methods such CEOs may employ to boost these indicators of financial soundness can jeopardize the long-term health of their organizations.”
So there’s also that.
Read on, here.
This article originally appeared on Recode.net.
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