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largest 100 companies over a ten-year period to determine what happens to the executives who were not selected (i.e., the … executives selected for the CEO role really better than those passed over? What are the implications for understanding the labor …
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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 unobserved attribute - CEO health - in corporate governance. We find CEOs are significantly healthier than the population and other highskill...
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