Facts about CEOs

1. In Danish data, if a CEO’s child dies, the value of that CEO’s company falls by one-fifth in the following two years.

2. If a CEO’s wife dies, the value of that CEO’s company falls by fifteen percent.

3. If a CEO’s mother-in-law dies, the value of that CEO’s company rises slightly.

4. American CEOs with McMansions run companies which significantly underperform the market

The Danish paper is here, the McMansions paper is here.  On both studies, see today’s WSJ, "Scholars Link Success of Firms to Lives of CEOs," the ungated link is here.