Agrawal, A., & Chadha, S. (2005). Corporate governance and accounting scandals. Journal of Law and Economics, 48(2), 371–406.
Amernic, J. H., & Craig, R. J. (2010). Accounting as a facilitator of extreme narcissism. Journal of Business Ethics, 96(1), 79–93.
Armstrong, C. S., Jagolinzer, A. D., & Larcker, D. F. (2010). Chief executive officer equity incentives and accounting irregularities. Journal of Accounting Research, 48(2), 225–271.
Arrow, K. J. (1963). Uncertainty and the welfare economics of medical care. American Economic Review, 53, 941–973.
Arthaud-Day, M. L., Certo, S. T., Dalton, C. M., & Dalton, D. R. (2006). A changing of the guard: Executive and director turnover following corporate financial restatements. Academy of Management Journal, 49(6), 1119–1136.
Ashforth, B. E., & Anand, V. (2003). The normalization of corruption in organizations. Research in Organizational Behavior, 25, 1–52.
Bandura, A. (1986). Social foundation of thought and action: A social cognitive theory. Englewood Cliffs, NJ: Prentice-Hall.
Bandura, A. (1990). Mechanisms of moral disengagement. In W. Reich (Ed.), Origins of terrorism: Psychologies, ideologies, theologies and states of mind (pp. 161–191). Cambridge: Cambridge University Press.
Bargh, J. A., & Pratto, F. (1986). Individual construct accessibility and perceptual selection. Journal of Experimental Social Psychology, 22, 293–311.
Bazerman, M. H. (2006). Judgment in managerial decision making. Hoboken, NJ: Wiley.
Bazerman, M. H., & Gino, F. (2012). Behavioral ethics: Toward a deeper understanding of moral judgement and dishonesty. Annual Review of Law and Social Science, 8, 85–104.
Becker, G. S. (1968). Crime and punishment: An economic approach. Journal of Political Economy, 76, 169–217.
Bergstresser, D., & Philippon, T. (2006). CEO incentives and earnings management. Journal of Financial Economics, 80(3), 511–529.
Berk, R. A. (1983). An introduction to sample selection bias in sociological data. American Sociological Review, 48, 386–398.
Bernardo, A. E., & Welch, I. (2001). On the evolution of overconfidence and entrepreneurs. Journal of Economics & Management Strategy, 10, 301–331.
Blackwell, R. (2004). Fannie Mae says earnings restatement could produce $9 Billion loss. American Banker, 169(220), 5.
Bodolica, V., & Spraggon, M. (2011). Behavioral governance and self-conscious emotions: Unveiling governance implications of authentic and hubristic pride. Journal of Business Ethics, 100, 535–550.
Bragues, G. (2008). The ancients against the moderns: Focusing on the character of corporate leaders. Journal of Business Ethics, 78(3), 373–387.
Braithwaite, J., & Makkai, T. (1991). Testing and expected utility model of corporate deterrence. Law and Society Review, 25(1), 7–39.
Burgstahler, D. C., & Eames, M. J. (2003). Earnings management to avoid losses and earnings decreases: Are analysts fooled? Contemporary Accounting Research, 20(2), 253–294.
Burns, N., & Kedia, S. (2008). Executive option exercises and financial misreporting. Journal of Financial Economics, 79, 35–67.
Butterfield, K. D., Trevino, L. K., & Weaver, G. R. (2000). Moral awareness in business organizations: Influences of issue-related and social context factors. Human Relations, 53, 981–1018.
Caprenter, M. A., Sanders, G., & Gregersen, H. B. (2001). Bundling human capital with organizational context: The impact of international assignment experience on multinational firm Performance and CEO pay. Academy of Management Journal, 44, 493–511.
Carpenter, M. A., Geletkanycz, M. A., & Sanders, W. G. (2004). Upper Echelons research revisited: Antecedents, elements, and consequences of top management team composition. Journal of Management, 30(6), 749–778.
Carson, T. L. (2003). Self-interest and business ethics: Some lessons of the recent corporate scandals. Journal of Business Ethics, 43, 389–394.
Chatterjee, A., & Hambrick, D. (2007). It’s all about me: Narcissitic chief executive officers and their effects on company strategy and performance. Administrative Science Quarterly, 52, 351–386.
Chatterjee, A., & Hambrick, D. (2011). Executive personality, capability cues, and risk taking: How narcissistic CEOs react to their successes and stumbles. Administrative Science Quarterly, 56(2), 202–237.
Chen, S. (2010). The role of ethical leadership versus institutional constraints: A simulation study of financial misreporting by CEOs. Journal of Business Ethics, 93, 33–52.
Cho, T. S., & Hambrick, D. C. (2006). Attention as the mediator between top management team characteristics and strategic change: The case of airline deregulation. Organization Science, 17(4), 453–469.
Chugh, D., Bazerman, M. H., & Banaji, M. R. (2005). Bounded ethicality as a psychological barrier to recognizing conflicts of interest. Conflict of Interest: Challenges and Solutions in Business, Law, Medicine and Public Policy, 74, 95.
Cooper, A. C., Woo, C. Y., & Dunkelberg, W. C. (1988). Entrepreneurs’ perceived chances for success. Journal of Business Venturing, 3, 97–108.
Craig, R., & Amernic, J. (2011). Detecting linguistic traces of destructive narcissism at-a-distance in a CEO’s letter to shareholders. Journal of Business Ethics, 101, 563–575.
Craig, R., & Amernic, J. (2014). Exploring signs of hubris in CEO language. Communication and Language Analysis in the Corporate World, 69.
Crossland, C., & Hambrick, D. C. (2007). How national systems differ in their constraints on corporate executives: A study of CEO effects in three countries. Strategic Management Journal, 28, 767–789.
Crutsinger, M. (2004, December 22). Raines ousted as Fannie Mae CEO. The Seattle Times. Retrieved from www.seattletimes.com/business/raines-ousted-as-fannie-mae-ceo/.
Cyert, R. M., & March, J. G. (1963). A behavioral theory of the firm. Malden, MA: Blackwell.
Dash, E. (2006). Regulators Denounce Fannie Mae. New York Times. Retrieved May 24 from http://www.nytimes.com.
Dearborn, D. C., & Simon, H. A. (1958). Selective perception: A note on the departmental identification of executives. Sociometry, 21, 140–144.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1996). Causes and consequences of earnings manipulations: An analysis of firms subject to enforcement actions by the SEC. Contemporary Accounting Research, 13(1), 1–36.
Degeorge, F., Patel, J., & Zeckhauser, R. (1999). Earnings management to exceed thresholds. Journal of Business, 72, 1–33.
Dunn, P. (2004). The impact of insider power on fraudulent financial reporting. Journal of Management, 30(3), 397–412.
Dye, R. A., & Verrecchia, R. E. (1995). Discretions vs. uniformity: Choices among GAAP. The Accounting Review, 70(3), 389–415.
Efedni, J., Srivastava, A., & Swanson, E. P. (2007). Why do corporate managers misstate financial statements? The role of option compensation and other factors. Journal of Financial Economics, 85, 667–708.
Eichenwald, K. (1995). Serpent on the rock. New York, NY: HarperBusiness.
Erickson, M., Hanlon, M., & Maydew, E. L. (2006). Is there a link between executive equity incentives and accounting fraud? Journal of Accounting Research, 44, 113–143.
Fischhoff, B. (1982). Debiasing. In D. Kahneman, P. Slovic, & A. Tversky (Eds.), Judgment under uncertainty: Heuristics and biases. Cambridge: Cambridge University Press.
Fiske, S. T., & Taylor, S. E. (1984). Social cognition. New York, NY: Random House.
Francis, J., Huang, A. H., Rajgopal, S., & Zang, A. Y. (2008). CEO reputation and earnings quality. Contemporary Accounting Research, 25(1), 109–147.
Frank, R. H. (1985). Choosing the right pond: Human behavior and the quest for status. New York, NY: Oxford University Press.
Fudenberg, D., & Triole, J. (1995). A theory of income and dividend smoothing based on incumbency rents. Journal of Political Economy, 103(1), 75–93.
GAO (2002). Financial statement restatements: Trends, market impacts, regulatory responses, and remaining challenges. U.S. General Accounting Office Report to the Chairman, Committee on Banking, Housing, and Urban Affairs, U.S. Senate.
Geletkanycz, M. A., & Boyd, B. K. (2011). CEO outside directorships and firm performance: A reconciliation of agency and embeddedness views. Academy of Management Journal, 54, 335–352.
Ghosh, D., & Olsen, L. (2009). Environmental uncertainty and managers’ use of discretionary accruals. Accounting, Organizations and Society, 34(2), 188–205.
Goel, A. M., & Thackor, A. V. (2008). Overconfidence, CEO selection, and corporate governance. Journal of Finance, 63(6), 2737–2784.
Gordon, M. J. (1964). Postulates, principles, and research in accounting. The Accounting Review, 39, 251–263.
Greve, H. R., Palmer, D., & Posner, J. (2010). Organizations gone wild: The causes, processes, and consequences of organizational misconduct. Academy of Management Annals, 4(1), 53–107.
Griffin, D. W., & Varey, C. A. (1996). Towards a consensus on overconfidence. Organizational Behavior and Human Decision Processes, 65(3), 227–231.
Hagerty, J. R., & McKinnon, J. D. (2004). Scrutiny of Fannie’s accounting could lead to a restatement. Wall Street Journal, A10.
Hambrick, D. C. (2007). Upper Echelons theory: An update. Academy of Management Review, 32, 334–343.
Hambrick, D. C., Cho, T. S., & Chen, M. (1996). The influence of top management team heterogeneity on firms’ competitive moves. Administrative Science Quarterly, 41(4), 659–684.
Hambrick, D. C., & D’Aveni, R. A. (1988). Large corporate failures as downward spirals. Administrative Science Quarterly, 33(1), 1–23.
Hambrick, D. C., & Mason, P. (1984). Upper Echelons: The organizations as a reflection of its top managers. Academy of Management Review, 9, 193–206.
Harris, J., & Bromiley, P. (2007). Incentives to cheat: The influence of executive compensation and firm performance on financial misrepresentation. Organization Science, 18(3), 350–367.
Haynes, K. T., Campbell, J. T., & Hitt, M. A. (2010). Greed, hubris and board power: Effects on firm outcomes. Academy of Management Proceedings, 2010(1), 1–6.
Haynes, K. T., Hitt, M. A., & Campbell, J. T. (2015). The dark side of leadership: Towards a mid-range theory of hubris and greed in entrepreneurial contexts. Journal of Management Studies, 52(4), 479–505.
Hayward, M. L., & Hambrick, D. C. (1997). Explaining the premiums paid for large acquisitions: Evidence of CEO hubris. Administrative Science Quarterly, 42, 103–127.
Hayward, M. L., Rindova, V. P., & Pollock, T. G. (2004). Beleiving one’s own press: The causes and consequences of CEO ego. Strategic Management Journal, 25, 637–653.
Hayward, M. L., Shepherd, D. A., & Griffin, D. (2006). A hubris theory of entrepreneurship. Management Science, 52(2), 160–172.
Healy, P. M. (1985). The effect of bonus schemes on accounting decisions. Journal of Accounting and Economics, 7, 85–107.
Healy, P. M., & Whalen, J. M. (1999). A review of the earnings management literature and its implications for standard setting. Accounting Horizons, 13(4), 365–383.
Hiller, N. J., & Hambrick, D. C. (2005). Conceptualizing executive hubris: The role of (Hyper-)core self-evaluations in strategic decision-making. Strategic Management Journal, 26, 297–319.
Hilzenrath, D. s. (2008). Raines, federal regulators reach settlement. Washington Post. Retrieved April 18 from http://www.washintonpost.com
Hmieleski, K. M., & Baron, R. A. (2009). Entrepreneurs’ optimism and new venture performance: A social cognitive perspective. Academy of Management Journal, 52(3), 473–488.
Huslin, A. (2008). On the outside now watching Fannie Falter. Washington Post. Retrieved July 16 from www.washingtonpost.com.
Imhoff, E. A. (1981). Income smoothing: An analysis of critical issues (pp. 23–42). Autumn: Quarterly Review of Economics and Business.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3, 305–360.
Jensen, M. C., & Murphy, K. J. (1990). Performance pay and top-management incentives. Journal of Political Economy, 98(2), 225–264.
Jiang, J., Petroni, K. R., & Wang, I. Y. (2010). CFOs and CEOs: Who have the most influence on earnings management? Journal of Financial Economics, 96(3), 513–526.
Johnson, S. A., Ryan, H. E., & Tian, Y. S. (2009). Managerial incentives and corporate fraud: The sources of incentives matters. Review of Finance, 13, 115–145.
Jones, T. M. (1991). Ethical decision making by individuals in organizations: An issue-contingent model. Academy of Management Review, 16, 366–395.
Judge, T. A., Piccolo, R. F., & Kosalka, T. (2009). The bright and the dark side of leadership traits: A review and extension of the leader trait paradigm. The Leadership Quarterly, 20(6), 855–875.
Kahneman, D. (2011). Thinking, fast and slow. New York, NY: Farrar, Straus and Giroux.
Kahneman, D., & Lovallo, D. (1993). Timid choices and bold forecasts: A cognitive perspective on risk taking. Management Science, 39, 17–31.
Kahneman, D., Slovic, P., & Tversky, A. (1982). Judgment under uncertainty: Heuristics and biases. New York, NY: Cambridge University Press.
Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econmetrica, 47(2), 263–292.
Karpoff, J. M., Lee, D. S., & Martin, G. S. (2009). The cost to firms of cooking the books. Journal of Financial and Quantitative Analysis, 43(3), 581–611.
Kedia, S., & Philippon, T. (2009). The economics of fraudulent accounting. Review of Financial Studies, 22(6), 2169–2199.
Kroll, M. J., Toombs, L. A., & Wright, P. (2000). Napoleon’s tragic march home from Moscow: Lessons in hubris. Academy of Management Executive, 14(1), 117–128.
Lawrence, D. Y., Pazzaglia, F., & Sonpar, K. (2011). The introduction of a non-traditional and aggressive approach to banking: The risk of hubris. Journal of Business Ethics, 102, 401–420.
Lee, C. J., Li, L. Y., & Yue, H. (2006). Performance, growth, and earnings management. Review of Accounting Studies, 11(2–3), 304–334.
Levinthal, D. A. (1997). Adaptation on rugged landscapes. Management Science, 43, 934–950.
Lewis, M. (1989). Liar’s Poker. New York, NY: W.W. Norton & Company.
Li, J., & Tang, Y. (2010). CEO hubris and firm risk taking in China: The moderating role of managerial discretion. Academy of Management Journal, 53(1), 45–68.
Li, J., & Tang, Y. (2013). The social influence of executive hubris. Management International Review, 58, 83–107.
Mackey, A. (2008). The effects of CEOs on firm performance. Strategic Management Journal, 29, 1357–1367.
Malmendier, U., & Tate, G. (2009). Superstar CEOs. Quarterly Journal of Economics, 124(4), 1593–1638.
Malmendier, U., Tate, G., & Yan, J. (2011). Overconfidence and early life experiences: The effect of managerial traits on corporate financial policies. Journal of Financial Economics, 66(5), 1687–1733.
March, J. G. (1994). A primer on decision making: How decisions happen. New York, NY: The Free Press.
March, J. G. (1997). How decisions happen in organizations. In Z. Shapira (Ed.), Organization decision making (pp. 9–32). Cambridge, UK: Cambridge University Press.
March, J. G., & Simon, H. A. (1958). Organizations. Cambridge, MA: Blackwell.
Marquardt, C., & Wiedman, C. (2005). Earnings management through transaction structuring: Contingent convertible debt and diluted earnings per share. Journal of Accounting Research, 43(2), 205–243.
McCarthy, A. M., Schoorman, F. D., & Cooper, A. C. (1993). Reinvestment decisions by entrepreneurs: Rational decision making or escalation of commitment? Journal of Business Venturing, 8(1), 9–24.
McClean, B., & Elkind, P. (2003). The smartest guys in the room: The amazing rise and scandalous fall of Enron. New York, NY: Penguin Group.
McClean, B., & Nocera, J. (2010). All the devils are here. New York, NY: Portfolio/Penguin.
McNichols, M., & Wilson, P. (1988). Evidence of earnings management from the provision for bad debts. Journal of Accounting and Public Policy, 26, 1–31.
Meindl, J. R., Ehrlich, S. R., & Dukerich, J. M. (1985). The romance of leadership. Administrative Science Quarterly, 30, 78–102.
Messick, D. M. (1999). Alternative logics for decision making in social settings. Journal of Economic Behavior & Organization, 39(1), 11–30.
Messick, D. M., & Bazerman, M. H. (1996). Ethical leadership and the psychology of decision making. Sloan Management Review, 37(2), 9–22.
Mishina, Y., Dykes, B. J., Block, E. S., & Pollock, T. G. (2010). Why “Good” firms do bad things: The effects of high aspirations, high expectations and prominence on the incidence of corporate illegality. Academy of Management Journal, 53(4), 701–722.
Moore, D. A., & Healy, P. J. (2008). The trouble with overconfidence. Psychological Review, 115(2), 502.
Ndofor, H. A., Wesley, C., & Priem, R. L. (2015). Providing CEOs with opportunities to cheat the effects of complexity-based information asymmetries on financial reporting fraud. Journal of Management, 41(6), 1774–1797.
Norton, E. C., Wang, H., & Ai, C. (2004). Computing interaction effects and standard errors in logit and probit models. The Stata Journal, 4(2), 154–167.
O’Connor, J. P., Priem, R. L., Coombs, J. E., & Gilley, K. M. (2006). Do CEO stock options prevent or promote fraudulent financial reporting? Academy of Management Journal, 49(3), 483–500.
Palich, L. E., & Bagby, D. R. (1995). Using cognitive theory to explain entrepreneurial risk taking: Challenging conventional wisdom. Journal of Business Venturing, 10(6), 425–438.
Palmer, D. (2008). Extending the process model of collective corruption. Research in Organizational Behavior, 28, 107–135.
Palmer, D. (2012). Normal organizational wrongdoing. Great Britain: Oxford University Press.
Peng, L., & Xiong, W. (2006). Investor attention, overconfidence and category learning. Journal of Financial Economics, 80, 563–602.
Petit, V., & Bollaert, H. (2012). Flying too close to the sun? Hubris among CEOs and how to prevent it. Journal of Business Ethics, 108, 265–283.
Petroni, K. R. (1992). Optimistic reporting in the property casualty insurance industry. Journal of Accounting and Economics, 15, 485–508.
Pettigrew, A. M. (1992). On studying managerial elites. Strategic Management Journal, 13, 163–182.
Picone, P. M., Dagnino, G. B., & Mina, A. (2014). The origin of failure: Appraisal of the hubris hypothesis and proposed research agenda. Academy of Management Perspectives, 28(4), 447–468.
Press, S. J., & Wilson, S. (1978). Choosing between logistic regression and discriminant analysis. Journal of the American Statistical Association, 73, 699–705.
Rest, J. R. (1986). Moral development: Advances in research and theory. New York, NY: Praeger.
Reynolds, S. J. (2006). Moral awareness and ethical predispositions: Investigating the role of individual differences in the recognition of moral issues. Journal of Applied Psychology, 91, 233–243.
Reynolds, S. J. (2008). Moral attentiveness: Who pays attention to the moral aspects of life? Journal of Applied Psychology, 93(5), 1027–1041.
Rijsenbilt, A., & Commandeur, H. (2013). Narcissus enters the courtroom: CEO narcissism and fraud. Journal of Business Ethics, 117, 413–429.
Roll, R. (1986). The hubris hypothesis of corporate takeovers. Journal of Business, 59, 197–216.
Ronen, J., & Sadan, S. (1981). Smoothing income numbers: Objectives, means, and implications. Reading, MA: Addison-Wesley.
Schoenberger, E. (2001). Corporate autobiographies: The narrative strategies of corporate strategists. Journal of Economic Geography, 1, 277–298.
Securities and Exchange Commission. (2015). All about auditors. Retrieved March 31, 2015 from http://www.sec.gov/investor/pubs/aboutauditors.htm
Simon, H. A. (1947). Administrative behavior. New York, NY: Macmillan.
Simon, M., & Houghton, S. M. (2003). The relationship between overconfidence and the introduction of risky products: Evidence from a Field study. Academy of Management Journal, 46(2), 139–150.
Simon, M., Houghton, S. M., & Aquino, K. (2000). Cognitive biases, risk perception and venture formation: How individuals decide to start companies. Journal of Business Venturing, 15, 113–134.
Simon, M., & Shrader, R. C. (2012). Entrepreneurial actions and optimistic overconfidence: The role of motivated reasoning in new product introductions. Journal of Business Venturing, 27, 291–301.
Sparks, J. R., & Hunt, S. D. (1998). Marketing researcher ethical sensitivity: Conceptualization, measurement, and exploratory investigation. Journal of Marketing, 62, 92–109.
Spence, M. (1973). Job market signaling. Quarterly Journal of Economics, 87(3), 355–374.
Stewart, J. B. (1991). Den of thieves. New York, NY: Simon & Schuster.
Tang, Y., Li, J., & Yang, H. (2015). What I see, what I do: How executive hubris affects firm innovation. Journal of Management, 41(6), 1698–1723.
Tenbrunsel, A. E. (1998). Misrepresentation and expectations of misrepresentation in an ethical dilemma: The role of incentives and temptation. Academy of Management Journal, 41, 330–339.
Tenbrunsel, A. E., & Messick, D. M. (2004). Ethical fading: The role of self-deception in unethical behavior. Social Justice Research, 17(2), 223–235.
Tenbrunsel, A. E., & Smith-Crowe, K. (2008). Ethical decision making: Where we’ve been and where we’re going. Academy of Management Annals, 2(1), 545–607.
Thaler, R. H., & Sunstein, C. R. (2008). Nudge. New Haven, CT: Yale University Press.
Tosi, H. L., & Gomez-Mejia, L. R. (1989). The decoupling of CEO pay and performance: An agency theory perspective. Administrative Science Quarterly, 34, 169–189.
Trevino, L. K. (1986). Ethical decision making in organizations: A person-situation interactionist model. Academy of Management Review, 11(3), 601–617.
Trevino, L. K., Weaver, G. R., & Reynolds, S. J. (2006). Behavioral ethics in organizations: A review. Journal of Management, 32(6), 951–990.
Tucker, J. W., & Zarowin, P. A. (2006). Does income smoothing improve earnings informativeness? Accounting Review, 81(1), 251–270.
Tversky, A., & Kahneman, D. (1974). Judgement under uncertainty: Heuristics and biases. Science, 185, 1124–1131.
U.S. Securities and Exchange Commission (2006). SEC and OFHEO announce resolution of investigation and special examination of Fannie Mae. Retrieved from www.sec.gov/news/press/2006/2006-80.htm.
Waples, E. P., Antes, A. L., Murphy, S. T., Connelly, S., & Mumford, M. D. (2009). A meta-analytical investigation of business ethics instruction. Journal of Business Ethics, 87(1), 133–151.
Wouters, K., Maesschalck, J., Peeters, C. F., & Roosen, M. (2014). Methodological issues in the design of online surveys for measuring unethical work behavior: Recommendations on the basis of a split-ballot experiment. Journal of Business Ethics, 120, 275–289.
Zahra, S. A., Priem, R. L., & Rasheed, A. A. (2005). The antecedents and consequences of top management fraud. Journal of Management, 31(6), 803–828.
Zajac, E. J., & Westphal, J. D. (1995). Accounting for the explanations of CEO compensation: Substance and symbolism. Administrative Science Quarterly, 40(2), 283–308.
Zhang, X., Bartol, K. M., Smith, K. G., Pfarrer, M. D., & Khanin, D. M. (2008). CEOs on the edge: Earnings manipulation and stock-based incentive misalignment. Academy of Management Journal, 51(2), 241–258.