【哈评小紫薯】榜单不靠谱,CEO并不禁夸!
2014/7/17 哈佛商业评论

     经济学家Ulrike Malmendier和Geoffrey Tate的研究表明,CEO获得重要奖项(如年度CEO)后三年内,治下公司股价、资产回报率和盈利能力会显著下滑。获奖后,CEO将大量时间用于“形象工程”,对实际经营管理不够投入。研究者发现,CEO获奖后出书的概率是原来的两倍。(编译/王晨)

     Firms run by CEOs who had won major awards (such as CEO of the year) showed significant declines in stock prices, return on assets, and ability to meet market earnings expectations in the 3 years after the awards were won, according to research conducted by economists Ulrike Malmendier and Geoffrey Tate and reported by Adam Grant of Wharton. After CEOs win awards, they spend a lot of time on prestige-increasing tasks that may distract their attention from leading. Malmendier and Tate found that a CEO’s odds of writing a book nearly double after he or she wins an award.

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