Keloharju, Matti; Knüpfer, Samuli; Tåg, Joacim - 2020
Boards hire and fire CEOs based on imperfect information. Using comprehensive data on 28 cohorts in Sweden, we analyze … the role of a potentially important attribute—CEO health—in corporate governance. Boards hire CEOs who are healthier than … other high-skill professionals, in particular in mental health. After hiring, CEOs' health develops similarly to a control …