Study: Shareholders Like CEOs Who They Can See Themselves Having A Beer/Sleeping With

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Two economists say their study shows that investors assign higher share values to companies run by attractive chief executives, that these chiefs are paid more than less-appealing counterparts and that the better looking the C.E.O.’s, the better they are at undertaking financially successful deals. The conclusion of the unusual academic study — a sort of corporate version of “Hot or Not” — is that shareholders are as easily swayed by the glint in the eye of a chief executive as they are by a company’s actual numbers, at least in the short term. [Dealbook]

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