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Wednesday, September 05, 2007

Rock Star CEO's

Did you happen to see the article in the Wall Street Journal about how the lives of major CEO's can affect the companies they work for and the stock? Deaths in the family can have a significant effect. But one of most significant results of the study is that if the CEO has an extremely large mansion, their stock will underperform the market - the narcissistic correlation. There is also an effect on how big the CEO's picture is in the company's annual report with regard to stock price.

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