Thursday, September 6, 2007

Scholars Link Success of Firms to Lives of CEOs - WSJ

Should shareholders in a company care if the chief executive's child dies? What if the mother-in-law passes away?

Such things don't normally figure in investment decisions. But maybe they should, according to a recent study by three finance professors. Mining a trove of Danish government data on thousands of businesses, they were able to track links between CEO-family deaths and the companies' profitability over a decade

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