近日，我院杜瑶博士在Review of Quantitative Finance and Accounting期刊发表学术论文“CEO personality traits and compensation: evidence from investment efciency。Review of Quantitative Finance and Accounting属于ABS3星期刊。
【论文简介】
We examine the efects of the big fve personalities of CEOs (openness, conscientiousness, extroversion, agreeableness, and neuroticism) on their annual compensation. We hand-collect the tweets of S&P 1500 CEOs and use IBM’s Watson Personality Insights to measure their personalities. CEOs with high ratings of agreeableness and conscientiousness get more compensation. We further fnd that the frms with these CEOs outperform their peers due to better investment efciency. Firms are willing to pay higher compensation for talent, especially for frms with better operations, located in states with higher labor unionization, or facing higher competition in the product market. Overall, CEO personality is a valid predictor of CEOs’ compensation.
【原文链接】
https://doi.org/10.1007/s11156-025-01391-8
