This blog, written by former Electronic Business Executive Editor Debra Bulkeley, is now inactive.
Profile
RSS Feed
-
Add this blog to your RSS newsreader!
Recent Posts
- Europe's ruling on Microsoft: It's not only about them
- Social networking: Are you into it?
- Can CEOs suffer from the Superstar Curse?
- Let's kick leadership up a notch
- Keeping a CEO's personal life personal--or not
- Time out for 9/11
- Your company's "coolness factor"
- Feeling it? Ripples from those demanding consumers
- Engineers produced in India, China: It's the QUALITY, stupid!
- TheFunded.com: Where entrepreneurs rate good, bad, ugly VCs
Recent Comments
- mt on Engineers produced in India, China: It's the QUALITY, stupid!
- mt on Engineers produced in India, China: It's the QUALITY, stupid!
- Indian IT on Engineers produced in India, China: It's the QUALITY, stupid!
- Indian IT on Engineers produced in India, China: It's the QUALITY, stupid!
- indian on Engineers produced in India, China: It's the QUALITY, stupid!
Most Commented On
- Engineers produced in India, China: It's the QUALITY, stupid! (38)
- The 8-year-old hacker on Webkinz.com (16)
- You can change the world. Up for it? (12)
- Am I a horrible mother? (8)
- Let's kick leadership up a notch (5)
Archives
By Category
- Business Centers (12)
- Business Strategy (27)
- EDN (10)
- EDN Network Communities (13)
- Webzines (11)
Business Strategy Articles
- A streamlined method of PCI Express interconnect compliance testing
- MID-IC demand to climb
- Spansion, Virident aim to slash power in server farms
- Voices: Synopsys’ Aart de Geus on investing to win
- IMEC, Renesas research reconfigurable RF transceivers
- More...
Blog
Tuesday, September 11, 2007
Keeping a CEO's personal life personal--or not
Sep 11 2007 11:02AM | Permalink | Email this | Comments (2) |
Blog This! using: Blogger.com | LiveJournal |
Digg This | Slashdot This | add to Del.icio.us
Should your shareholders or employees know that you are divorcing your spouse—for the sake of the business?
Some researchers are looking into what effects a CEO’s personal life may have on job performance. In an article in the Wall Street Journal, reporter Mark Maremont analyzes an emerging area of financial research that looks at the lives of executives and possible links to stocks prices and corporate performance.
Will an executive’s mansion purchase lead to an underperforming stock? In the case of CEO Trevor Fetter of Tenet Healthcare, yes, according to the article. Researchers David Yermack of New York University and Crocker Liu of Arizona State University have studied executives’ home purchases in a paper, “Where are the Shareholders' Mansions? CEOs' Home Purchases, Stock Sales, and Subsequent Company Performance.”
In another study cited in the article, three finance professors use data from the Danish government to track links between CEO-family deaths and the companies’ profitability over 10 years. (It turns out profitability declined by an average of one-fifth in the two years after the death of a CEO’s child and by about 15% after the death of a spouse, according to the study.)
Should an executive’s personal issues become public for the sake of investors?
Related entries in: Business Strategy | Webzines |
Reader Comments
at 9/11/2007 1:51:43 PM, OldLineYankee said:
Most workers wouldn't want the boss to conclude they'd be doing a abd job for the next year because they were getting a divorce.
at 9/13/2007 3:58:17 PM, CommonSenseGirl said:
Everyone has tragedy in their life and some handle it better than others. I do think that if a major life changing event may have an impact on several hundred, possibly thousands of careers, there should be a corporate option for a CEO to temporarily step aside and let the rest of the board run the corporation in their place so the CEO can deal with the issues in their own personal life. Who wants the pressure of a multi-billion dollar corporation hanging over their head when they've just heard the news that a spouse or child died?
Post a comment
About Us | Contact Us | Free Email Newsletters | Free Magazine Subscription | 
RSS
©1997-2008 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy