4 The top manager’s ‘core self-evaluation’ (CSE),§ including ‘self-esteem, self-efficacy, locus of control and emotional stability’, or even more so ‘hyper-CSE’, who exhibit hubris, i.e. ‘self-confidence, selfpotency and conviction that they will prevail’ (Hiller and Hambrick, 2005), which are characteristics also of more entrepreneurial individuals.