MBA CEOs, Short-Term Management and Performance
Date of Original Version
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.
Journal of Business Ethics
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.