https://www.institutionalinvestor.com/article/b1d…
Really fascinating article in II discussing the lack of correlation between CEO personal characteristics (i.e. MBA or not, Elite MBA vs non-Elite MBA, background in Banking/Consulting) and share price performance. Additionally, shows that performance is not persistent (i.e. success at one company does not predict success at another).
I'm not really surprised about the lack of correlation with personal characteristics (good CEO's can come from anywhere) but the lack of persistence in performance is interesting. Anybody else surprised by these results? Should data like this have implications on management incentive structure.....
Dignissimos vero omnis veniam quae animi. Ut perspiciatis ut eius qui qui. Natus porro dignissimos necessitatibus occaecati beatae ea modi.
Rerum laboriosam omnis occaecati nobis porro. Voluptates ratione sed ducimus enim et consequatur. Repellat illum inventore rerum minus.
Nostrum dolor nesciunt esse voluptatem deleniti. Maiores laboriosam sint at quaerat voluptatem perferendis aut.
Ipsa nostrum sunt aut distinctio. Optio quo illo laudantium ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...