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...
Main Authors: | Schoar, Antoinette (Contributor), Zuo, Luo (Contributor) |
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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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Subjects: | |
Online Access: | Get fulltext |
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