Researchers find large cost benefits for companies with Machiavellian CEOs

Narcissism, psychopathy and Machiavellianism are ubiquitous among CEOs, despite ample evidence that these dark personality traits pose financial and managerial risks to organizations. Their prevalence on corporate boards—nearly three times the general population—suggests that on some levels anti-social behavior may benefit business management. A new study published in the Strategic Management Journal in May reveals one such instance, finding that companies with Machiavellian CEOs have a net income savings of over 6.6% on firm costs.

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