For a news paper article, this one is great! It is a series of summaries that basically show that CEO's personal life impacts the firm.
Private lives of CEOs tied to profit, loss:
"Should shareholders in a company care if the chief executive's child dies? What if the mother-in-law passes away?.....slid by about one-fifth, on average, in the two years after the death of a CEO's child, and by about 15 percent after the death of a spouse. As for an executive's mother-in-law, the old jokes seem to hold: The researchers found that profitability, on average, rose slightly after her demise."
Sunday, September 2, 2007
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