Do Narcissistic CEOs Affect Accounting Irregularities? Evidence from Indonesia

Narcissism is related to the need for recognition. Prior studies show that narcissist behavior may influence CEO's actions engaged in accounting numbers manipulations. This study examines effect of CEO narcissism on irregularities Indonesia. Indonesia provides a unique setting test this issue because narcissistic an uncommon trait country. Consequently, it motivation manipulate numbers. We by measuring with characteristics photo annual report. then conduct simple logistic regression proxy Beneish M-Score as our measure. In accordance expectations, we find no evidence association between and irregularities. attribute fact Indonesia's social cultural aspects lower incentives individuals, including CEOs, engage behavior, thereby decreasing their use venue get attention Interestingly, discovered significant negative relationship firms audited BIG4 auditors. indicate auditors can significantly mitigate intentions activities CEOs manipulating better publicity.