Grounded in both agency and upper echelons perspectives, this paper examines the effects of chief executive officer (CEO) narcissism and power on corporate reporting on the Sustainable Development Goals (SDGs). We theorise that CEOs' narcissistic tendencies and power will influence their firms' SDGs engagement and reporting practices. We also examine whether SDGs reporting affects firm performance. Based on a sample of FTSE 100 companies for the period 2018–2022, we test our ideas using generalised estimating equations. The results show that CEO narcissism is positively related to SDGs reporting; however, this effect is weaker in firms led by older narcissistic CEOs. Further, CEO power is negatively associated with SDGs reporting, suggesting that firms led by powerful CEOs are reluctant to integrate the SDGs. Finally, corporate SDGs reporting lacks any value‐enhancing effect on firm performance, supporting the symbolic perspective of sustainability management. Our results contribute to the literature on SDGs accounting and enrich our understanding of the underlying dynamics shaping corporate disclosure practices.

中文翻译：

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首席执行官自恋、权力与可持续发展目标报告：实证分析


本文从机构和高层的角度出发，探讨了首席执行官 (CEO) 自恋和权力对企业可持续发展目标 (SDG) 报告的影响。我们认为，首席执行官的自恋倾向和权力将影响其公司的可持续发展目标参与和报告实践。我们还研究了可持续发展目标报告是否影响公司绩效。基于 2018 年至 2022 年期间 FTSE 100 公司的样本，我们使用广义估计方程测试我们的想法。结果显示，CEO自恋与SDGs报告呈正相关；然而，这种效应在年长自恋首席执行官领导的公司中较弱。此外，首席执行官的权力与可持续发展目标报告呈负相关，这表明由强大的首席执行官领导的公司不愿意整合可持续发展目标。最后，企业可持续发展目标报告对公司绩效缺乏任何增值作用，支持可持续发展管理的象征性观点。我们的研究结果为可持续发展目标会计文献做出了贡献，并丰富了我们对塑造企业披露实践的潜在动力的理解。