Journal article
CEO Behavior and Firm Performance
- Abstract:
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We develop a new method to measure CEO behavior in large samples via a survey that collects high-frequency, high-dimensional diary data and a machine learning algorithm that estimates behavioral types. Applying this method to 1,114 CEOs in six countries reveals two types: “leaders” who do multi-function, high-level meetings, and “managers” who do individual meetings with core functions. Firms that hire leaders perform better, and it takes three years for a new CEO to make a di↵erence. Structu...
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- Publication status:
- Not published
- Peer review status:
- Not peer reviewed
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(Author's original, pdf, 3.2MB)
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Authors
Funding
Columbia Business School
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Harvard Business School
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Kauffman Foundation
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Bibliographic Details
- Journal:
- Preprint
- Source identifiers:
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933809
Item Description
- Pubs id:
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pubs:933809
- UUID:
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uuid:131966ec-c113-4217-ac80-7059d797eff5
- Local pid:
- pubs:933809
- Deposit date:
- 2018-11-23
Terms of use
- Copyright holder:
- Bandiera et al
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