Narcissists are generally self-centered, arrogant, thin-skinned and hostile when challenged. They often lack empathy and exploit others for their own gain.
Anyone with these traits is exasperating. But having a leader who’s a narcissist can have long-lasting negative consequences.
Newly published research from Stanford University and the University of California at Berkeley finds self-obsessed CEOs are more likely to get their company named as a defendant in lawsuits. And they’re not inclined to settle, even when their chance of winning isn’t strong, dragging out the time and cost of the suit.