MBA CEOs, Short-Term Management and Performance
Document Type
Article
Date of Original Version
1-30-2019
Abstract
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.
Publication Title, e.g., Journal
Journal of Business Ethics
Volume
154
Issue
2
Citation/Publisher Attribution
Miller, Danny, and Xiaowei Xu. "MBA CEOs, Short-Term Management and Performance." Journal of Business Ethics 154, 2 (2019): 285-300. doi: 10.1007/s10551-017-3450-5.
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