“…However, within the field of management, empirical studies have looked at only two of these five hormones: 25 studies examined testosterone, while 12 studies looked at cortisol. 3 This research has found significant associations between testosterone and numerous organizational phenotypes, such as entrepreneurial intention (Bönte, Procher, & Urbig, 2015), self-employment (Greene, Han, Martin, Zhang, & Wittert, 2014; Nicolaou, Patel, & Wolfe, in press; White et al, 2006), earnings (Gielen, Holmes, & Myers, 2016), leaders’ corruption (Bendahan, Zehnder, Pralong, & Antonakis, 2015), entrepreneurial performance (Unger, Rauch, Narayanan, Weis, & Frese, 2009; Unger, Rauch, Weis, & Frese, 2015), perceived empathic accuracy (Ronay & Carney, 2013), and firm performance (Trahms, Coombs, & Barrick, 2010) (see Figure S-3 in the online appendix). These findings reveal that testosterone is an important, but often overlooked, factor in explaining power and status in organizations, by driving people’s need to acquire additional resources and by stimulating competitive and retaliatory behaviors (Narayanan & Prasad, 2015).…”