Research shows that arrogance spreads socially.
https://hbr.org/2020/11/overconfidence-is-contagious?utm_medium=email&utm_source=newsletter_weekly&utm_campaign=weeklyhotlist_activesubs&utm_content=signinnudge&deliveryName=DM106942
* whose massive acts of accounting fraud, corruption, and deception * dysfunctional corporate culture * many employees felt like they were part of an elite group and believed they were smarter than everybody else. * recently conducted research * overconfident leaders put their firms at risk