최고경영자의 휴브리스 결정요인에 관한 실증연구
What makes Hubris? : Test of its Determinants
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기업을 이끄는 최고경영자의 의사결정은 기업의 흥망을 좌우하는 중요성을 가지므로 그러한 최고경영자의 본연적인 특성에 관한 연구들이 계속적으로 증가하고 있다. 본 연구는 최고경영자의 특성 가운데에서도 오만과 독단으로 대표되는 ‘휴브리스’에 집중하였다. 경영자의 휴브리스로 인해 파생되는 결과에 대해서는 많은 연구성과들이 축적되고 있는 반면, 그 생성원인에 대한 연구는 많지 않은 편이다. 그 이유로는 휴브리스가 인간의 심리적 특성을 나타내기 때문에 이를 직접적으로 측정하는 지표가 개발되지 못한 것이 지적된다. 이에 따라. 본 연구에서는 최고경영자의 휴브리스 생성원인을 이론적으로 고찰하기 위한 방법론으로서 심리학 분야에서 사용되고 있는 ‘핵심자기평가(core self-evaluations: CSE)’를 도입하였다. 그 결과, 핵심자기평가가 최고경영자 휴브리스의 정도를 측정하는 유의한 지표가 될 수 있음을 확인함으로써 ‘미디어의 칭찬’과 ‘최근의 성공적인 성과’ 등 체계적인 검증 없이 일반적으로 사용되던 대리변수(proxy)를 대체할 수 있음을 보였다. 본 연구의 결과를 활용하여 최고경영자 휴브리스 측정에 있어서 그 방법론적 타당성의 실질적인 제고가 가능하므로 향후 관련분야에서의 보다 활성화된 연구성과의 축적이 이루어 질 것으로 기대된다.
Abstract
It is widely recognized that the destiny of a company is controlled by the decision makings of CEO who leads the company. With this weight, researches on the natural character of CEO are increasingly being developed. This study focuses on ‘Hubris’, that indicates overweening pride, haughtiness, or arrogance, often resulting in fatal retribution, among the characteristics of CEO. Most of previous researches are inclined to the consequences of hubris, but there is little regarding on the sources of it. For the reason, it is pointed out that hubris is related to the personal psychology and the direct measurement has not been developed yet. In this study, we introduce the ‘Core Self Evaluation(CSE)’, which is being rigorously utilized in the psychological field, as a feasible methodology for theoretical investigation on the determinants of CEO hubris. As the result of this study, we verified that the CSE has a statistical significance to be a measurement for the level of CEO hubris and it may substitute ‘media praise’ or ‘recent organizational performance’ which is used as the proxy for CEO hubris without any systematic verification. Based on the result of this study, we argue that researchers can improve the validity in measuring the level of CEO hubris to some extent and also expect more vitalized accumulation of research findings on the related area.
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