Initial Public Offering (IPO) outcomes are affected by the social capital of firm's chief executive officer (CEO), proxied by CEO's network centrality that identifies individual position within the hierarchy of all business executives worldwide. IPOs with CEOs who possess higher social capital...

CEO's insider trading gains are affected by the position of the CEO within the hierarchy of all executives, as assessed by network centrality. CEOs with high centrality earn superior abnormal returns following their company's stock purchases, consistent with social capital advantage. Social...

We study the effect of social connections between divisional managers and CEO on the scale and success of innovation activities in U.S. diversified conglomerates. Divisional managers who previously worked or studied with CEO file a greater number of patents during their tenure at the segment....