Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Styles

We show that economic conditions when managers enter the labor market have long-run effects on their career paths and managerial styles. Managers who began their careers during recessions become CEOs more quickly, but at smaller firms. They also have more conservative styles, such as lower investmen...

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Bibliographic Details
Main Authors: Schoar, Antoinette (Contributor), Zuo, Luo (Contributor)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Oxford University Press (OUP), 2019-03-26T14:05:38Z.
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