Finance paper accepted for publication in the Journal of Financial Economics

Aalto Distinguished Professor Matti Keloharju’s paper has been accepted for publication in the Journal of Financial Economics.

Aalto Distinguished Professor Matti Keloharju’s paper “Are CEOs Born Leaders? Lessons from Traits of a Million Individuals” has been accepted for publication in the Journal of Financial Economics. The paper’s co-authors are Renee B. Adams, University of New South Wales and Samuli Knüpfer, BI Norwegian Business School.

Abstract of the paper:

What makes a successful CEO? We combine a near-exhaustive sample of CEOs of Swedish companies with data on their cognitive and non-cognitive ability and height at age 18. CEOs differ from other high-skill professions most in non-cognitive 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 relationship 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.

Related news

Research & Art Published:

Applying for the Academy of Finland September call? Get help with your Data Management Plan (DMP)!

Data Management Specialists will help you to prepare a competitive Data Management Plan!
Syväoppimismenetelmä auttaa tunnistamaan diabeteksen aiheuttamia silmäsairauksia.
Research & Art Published:

Deep learning model developed by Finnish AI researchers detects diabetic eye diseases accurately

Finnish AI researchers have developed a deep learning system that shows great potential in detecting diabetic eye diseases
Mika Juuti studied the use of machine learning in information security for his dissertation.
Research & Art Published:

Information security researchers need to anticipate the next step of an attacker

In his doctoral studies, Mika Juuti focused on machine learning methods in information security
Photoactive rod-like virus bundle schematic
Press releases, Research & Art, University Published:

Dyes and viruses create new composite material for photooxidation reactions

A recent study shows that native viruses can be employed as a scaffold to immobilise photoactive molecules to potentially oxidise organic pollutants present in wastewater, under visible light irradiation
  • Published:
  • Updated:
Share
URL copied!