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Are CEOs born leaders? Lessons from traits of a million individuals

dc.contributor.authorAdams, Renee Birgit
dc.contributor.authorKeloharju, Matti
dc.contributor.authorKnüpfer, Samuli
dc.date.accessioned2019-08-09T12:00:46Z
dc.date.available2019-08-09T12:00:46Z
dc.date.created2017-12-20T09:08:21Z
dc.date.issued2018
dc.identifier.citationJournal of Financial Economics. 2018, 130 (2), 392-408.nb_NO
dc.identifier.issn0304-405X
dc.identifier.urihttp://hdl.handle.net/11250/2607776
dc.description.abstractWhat makes a successful CEO? We combine a near-exhaustive sample of male CEOs from Swedish companies with data on their cognitive and noncognitive ability and height at age 18. CEOs differ from other high-skill professions most in noncognitive ability. The median large-company CEO belongs to the top 5% of the population in the combination of the three traits. The traits have a monotonic and close to linear relation with CEO pay, but their correlations with pay, firm size, and CEO fixed effects in firm policies are relatively low. Traits appear necessary but not sufficient for making it to the top.nb_NO
dc.description.abstractAre CEOs born leaders? Lessons from traits of a million individualsnb_NO
dc.language.isoengnb_NO
dc.publisherElseviernb_NO
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.no*
dc.titleAre CEOs born leaders? Lessons from traits of a million individualsnb_NO
dc.typeJournal articlenb_NO
dc.typePeer reviewednb_NO
dc.description.versionacceptedVersionnb_NO
dc.rights.holderCopyright policy of Elsevier, the publisher of this journal. The author retains the right to post the accepted author manuscript on open web sites operated by author or author's institution for scholarly purposes, with an embargo period of 0-36 months after first view online.nb_NO
dc.source.pagenumber392-408nb_NO
dc.source.volume130nb_NO
dc.source.journalJournal of Financial Economicsnb_NO
dc.source.issue2nb_NO
dc.identifier.doi10.1016/j.jfineco.2018.07.006
dc.identifier.cristin1530118
cristin.unitcode158,1,0,0
cristin.unitnameInstitutt for finans
cristin.ispublishedtrue
cristin.fulltextpostprint
cristin.qualitycode2


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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal