經理人是企業靈魂人物，其自戀人格被視為是影響管理者策略行為的重要特質，近期受到高層理論學者重視。迄今，相關研究甚少探討經理人自戀與組織治理結構的關係，本研究以帝國建立觀點為基礎，試圖瞭解自戀經理人如何影響董事會和高階管理團隊的結構打造帝國，以滿足讚賞關注需求與主導決策需求。此外，本研究進一步探討經理人年資的調節效果。
本研究採用台灣經濟新報資料庫(TEJ)，彙整出2013年至2018年共555家上市企業資料為實證對象。研究結果顯示，(1)經理人自戀程度越高，經理人與高地位董事連結意願越高；(2)經理人自戀程度越高，董事會女性董事比例越高；(3)經理人自戀程度越高，高階管理團隊年資越低；(4)經理人自戀程度越高，高階管理團隊的社會資本越低。此外，經理人年資對於經理人自戀程度與高階管理團隊年資和社會資本之負向關係具有調節效果。
本研究的重要貢獻如下：首先，過去研究經理人自戀主要圍繞在對於績效與策略運用，本研究跳脫框架將研究焦點著墨於經理人自戀對於組織治理結構的影響。此外，本研究以帝國建立觀點為基礎，探討經理人自戀對於組織治理結構的影響，有別於過往帝國建立觀點研究屬於策略與制度層面相關的議題，本研究加入個人層級的自戀特質與治理結構的探討範疇；再者，當前公司治理領域，在探討影響公司治理結構的因素多著墨於組織制度面，本研究從個人層級中的心理面，探討經理人的人格如何影響治理結構。

Prior literature drawing on CEOs narcissism has not considered how narcissistic CEOs affect the corporate governance structure design. Based on the upper echelon theory, CEOs’ personality will hugely affect the company, among this the narcissism is an important personality that receives lots of emphasis recently.
This study based on empire building perspective to explore how narcissistic CEOs affect corporate governance structure design including the composition of the board and top management team to satisfy needs. Furthermore, this study takes 555 Taiwanese IPO firms on TEJ database from 2013 to 2018 as investigating objects. We find out that CEOs narcissism have positive impact on their willingness to affiliate with high-status directors and the proportion of female directors in a firm as well. Besides, we also find that CEOs narcissism have negative impact on the seniority and social capital of the top management team. In addition, this study finds the moderating effects from CEOs’ seniority and find that CEOs’ seniority weakens the negative relationship between CEOs’ narcissism and the seniority and social capital of the top management team.
This study provides important theoretical contributions. First, this study provides the evidence to discuss the impact on the mediating mechanisms and structures that link CEOs’ narcissism and corporate governance structure. Second, this study incorporates the CEOs’ personality which is the new perspective of the individual level to discuss the new field related to corporate structure on empire building perspective. Third, this study adds CEOs’ personality traits to enrich corporate governance field research.

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