The size of your CEO’s ego could affect company performance

SINGAPORE (Oct 21): Self-involved chief executive officers (CEOs) in Singapore are costing their companies, says a recent study from the University of Wollongong, Australia.

Preliminary findings of the research paper show that companies listed on the Singapore Exchange run by less narcissistic individuals tend to outperform their counterparts by an average of almost 3% per annum.

At the same time, the investment returns of companies with more narcissistic CEOs appeared to fall behind companies of less narcissistic CEOs by about 0.25% per month.

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