Table 2 Meta-analytic results showing...

Table 2

Meta-analytic results showing the relationship between CEO narcissism and firm attributes (financial performance, firm size, firm age) and CEO attributes (gender, age, tenure), broken down by different measurement types of narcissism

	n	k	N	Mean r	p-value	LL	UL	Q statistic within group (p-value)		I²	Q statistic between groups (p-value)
Meta-Analytic Results of CEO Narcissism and Firm Attributes
Financial performance	84	117	49,240	0.010	0.19	−0.005	0.024	247.78	**	53.20%	16.33	**
Narcissism measurement type
CEO narcissism index	16	17	3,817	0.006	0.80	−0.042	0.054	28.78	*	44.41%
CEO narcissism index altered	21	29	14,001	0.026	0.06	−0.001	0.054	73.75	**	62.03%
Another construct	9	12	9,079	−0.006	0.75	−0.042	0.030	28.94	**	61.98%
Psychometric third party	9	16	2,631	0.053	**	0.015	0.092	26.10	*	42.53%
Psychometric self-report	11	12	2,005	0.015	0.74	−0.076	0.106	41.23	**	73.32%
Single item	19	31	17,707	−0.017	*	−0.032	−0.002	21.75	0.86	0.00%
Firm size	105	107	41,052	0.100	**	0.064	0.137	1,184.43	**	91.10%	17.24	**
CEO narcissism index	22	22	4,646	0.094	**	0.041	0.148	56.42	**	62.78%
CEO narcissism index altered	24	24	9,801	0.156	**	0.078	0.236	228.92	**	89.95%
Another construct	12	12	7,973	0.189	0.05	−0.003	0.387	588.98	**	98.13%
Psychometric third party	14	14	3,025	0.001	0.98	−0.066	0.067	37.77	**	65.58%
Psychometric self-report	13	14	2,637	0.019	0.32	−0.019	0.058	7.98	0.85	0.00%
Single item	21	21	12,970	0.085	**	0.028	0.143	121.83	**	83.58%
Firm age	52	54	15,837	0.052	**	0.020	0.083	187.21	**	71.70%	22.35	**
CEO narcissism index	16	16	3,899	0.078	**	0.034	0.122	23.91	0.07	37.27%
CEO narcissism index altered	10	10	2,971	0.117	*	0.017	0.218	92.47	**	90.27%
Another construct	5	5	2,852	0.073	*	0.014	0.132	8.06	0.09	50.35%
Psychometric third party	6	6	1,502	0.024	0.64	−0.075	0.123	18.51	**	72.98%
Psychometric self-report	7	8	1,707	−0.057	*	−0.105	−0.009	5.63	0.58	0.00%
Single item	9	9	2,906	0.022	0.40	−0.030	0.074	8.22	0.41	2.62%
Meta-Analytic Results of CEO Narcissism and CEO Attributes
Woman	53	54	21,229	−0.019	*	−0.036	−0.002	69.080	0.07	23.30%	17.9	**
CEO narcissism index	3	3	717	−0.012	0.74	−0.086	0.061	1.456	0.48	0.00%
CEO narcissism index altered	13	13	4,264	−0.024	0.12	−0.054	0.007	7.829	0.80	0.00%
Another construct	6	6	2,802	0.007	0.70	−0.030	0.044	4.219	0.52	0.00%
Psychometric third party	4	4	1,204	0.082	**	0.026	0.139	0.594	0.90	0.00%
Psychometric self-report	15	16	2,779	−0.066	**	−0.113	−0.019	20.999	0.14	28.57%
Single item	12	12	9,463	−0.022	0.08	−0.048	0.003	12.408	0.33	11.35%
Age	73	76	24,664	0.023	0.09	−0.004	0.050	235.320	**	68.10%	6.23
CEO narcissism index	14	14	1,990	0.049	0.08	−0.006	0.104	15.824	0.26	17.85%
CEO narcissism index altered	18	20	5,966	0.046	*	0.010	0.082	32.113	*	40.83%
Another construct	6	6	2,497	−0.055	0.29	−0.157	0.046	35.170	**	85.78%
Psychometric third party	7	7	1,667	0.044	0.45	−0.069	0.157	25.262	**	76.25%
Psychometric self-report	16	17	3,081	−0.011	0.78	−0.091	0.068	81.492	**	80.37%
Single item	12	12	9,463	0.055	**	0.029	0.081	17.397	0.10	36.77%
Tenure	58	59	20,939	0.006	0.70	−0.025	0.038	195.730	**	70.40%	12.66	*
CEO narcissism index	10	10	1,246	−0.012	0.82	−0.117	0.093	28.034	**	67.90%
CEO narcissism index altered	13	14	5,221	−0.018	0.34	−0.056	0.019	19.656	0.10	33.86%
Another construct	6	6	2,342	−0.071	0.23	−0.187	0.045	38.084	**	86.87%
Psychometric third party	6	6	924	0.131	0.06	−0.003	0.267	20.398	**	75.49%
Psychometric self-report	10	10	1,983	0.019	0.66	−0.064	0.101	27.889	**	67.73%
Single item	13	13	9,223	0.051	**	0.017	0.084	21.884	*	45.16%

	n	k	N	Mean r	p-value	LL	UL	Q statistic within group (p-value)		I²	Q statistic between groups (p-value)
Meta-Analytic Results of CEO Narcissism and Firm Attributes
Financial performance	84	117	49,240	0.010	0.19	−0.005	0.024	247.78	**	53.20%	16.33	**
Narcissism measurement type
CEO narcissism index	16	17	3,817	0.006	0.80	−0.042	0.054	28.78	*	44.41%
CEO narcissism index altered	21	29	14,001	0.026	0.06	−0.001	0.054	73.75	**	62.03%
Another construct	9	12	9,079	−0.006	0.75	−0.042	0.030	28.94	**	61.98%
Psychometric third party	9	16	2,631	0.053	**	0.015	0.092	26.10	*	42.53%
Psychometric self-report	11	12	2,005	0.015	0.74	−0.076	0.106	41.23	**	73.32%
Single item	19	31	17,707	−0.017	*	−0.032	−0.002	21.75	0.86	0.00%
Firm size	105	107	41,052	0.100	**	0.064	0.137	1,184.43	**	91.10%	17.24	**
CEO narcissism index	22	22	4,646	0.094	**	0.041	0.148	56.42	**	62.78%
CEO narcissism index altered	24	24	9,801	0.156	**	0.078	0.236	228.92	**	89.95%
Another construct	12	12	7,973	0.189	0.05	−0.003	0.387	588.98	**	98.13%
Psychometric third party	14	14	3,025	0.001	0.98	−0.066	0.067	37.77	**	65.58%
Psychometric self-report	13	14	2,637	0.019	0.32	−0.019	0.058	7.98	0.85	0.00%
Single item	21	21	12,970	0.085	**	0.028	0.143	121.83	**	83.58%
Firm age	52	54	15,837	0.052	**	0.020	0.083	187.21	**	71.70%	22.35	**
CEO narcissism index	16	16	3,899	0.078	**	0.034	0.122	23.91	0.07	37.27%
CEO narcissism index altered	10	10	2,971	0.117	*	0.017	0.218	92.47	**	90.27%
Another construct	5	5	2,852	0.073	*	0.014	0.132	8.06	0.09	50.35%
Psychometric third party	6	6	1,502	0.024	0.64	−0.075	0.123	18.51	**	72.98%
Psychometric self-report	7	8	1,707	−0.057	*	−0.105	−0.009	5.63	0.58	0.00%
Single item	9	9	2,906	0.022	0.40	−0.030	0.074	8.22	0.41	2.62%
Meta-Analytic Results of CEO Narcissism and CEO Attributes
Woman	53	54	21,229	−0.019	*	−0.036	−0.002	69.080	0.07	23.30%	17.9	**
CEO narcissism index	3	3	717	−0.012	0.74	−0.086	0.061	1.456	0.48	0.00%
CEO narcissism index altered	13	13	4,264	−0.024	0.12	−0.054	0.007	7.829	0.80	0.00%
Another construct	6	6	2,802	0.007	0.70	−0.030	0.044	4.219	0.52	0.00%
Psychometric third party	4	4	1,204	0.082	**	0.026	0.139	0.594	0.90	0.00%
Psychometric self-report	15	16	2,779	−0.066	**	−0.113	−0.019	20.999	0.14	28.57%
Single item	12	12	9,463	−0.022	0.08	−0.048	0.003	12.408	0.33	11.35%
Age	73	76	24,664	0.023	0.09	−0.004	0.050	235.320	**	68.10%	6.23
CEO narcissism index	14	14	1,990	0.049	0.08	−0.006	0.104	15.824	0.26	17.85%
CEO narcissism index altered	18	20	5,966	0.046	*	0.010	0.082	32.113	*	40.83%
Another construct	6	6	2,497	−0.055	0.29	−0.157	0.046	35.170	**	85.78%
Psychometric third party	7	7	1,667	0.044	0.45	−0.069	0.157	25.262	**	76.25%
Psychometric self-report	16	17	3,081	−0.011	0.78	−0.091	0.068	81.492	**	80.37%
Single item	12	12	9,463	0.055	**	0.029	0.081	17.397	0.10	36.77%
Tenure	58	59	20,939	0.006	0.70	−0.025	0.038	195.730	**	70.40%	12.66	*
CEO narcissism index	10	10	1,246	−0.012	0.82	−0.117	0.093	28.034	**	67.90%
CEO narcissism index altered	13	14	5,221	−0.018	0.34	−0.056	0.019	19.656	0.10	33.86%
Another construct	6	6	2,342	−0.071	0.23	−0.187	0.045	38.084	**	86.87%
Psychometric third party	6	6	924	0.131	0.06	−0.003	0.267	20.398	**	75.49%
Psychometric self-report	10	10	1,983	0.019	0.66	−0.064	0.101	27.889	**	67.73%
Single item	13	13	9,223	0.051	**	0.017	0.084	21.884	*	45.16%

Note(s): n = number of studies; k = number of effect sizes; N = total sample size (CEOs); r = mean correlation; LL = lower level of the 95% confidence interval; UL = upper level of the 95% confidence; Q statistic within group (p-value) = heterogeneity within the subgroup, I² = proportion of variability due to heterogeneity Q statistic between groups (p-value) = heterogeneity between subgroups, sig. **p < 0.01, *p < 0.05

Source(s): Created by authors

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