Episode 15: Morten Bennedsen on the Effects of CEOs on Firm Profitability

Morten Bennedsen is the André and Rosalie Hoffmann Chaired Professor of Family Enterprise at INSEAD, and the Niels Bohr Professor at the Department of Economics, University of Copenhagen.

The paper discussed in this episode is: “Do CEOs Matter? Evidence from Hospitalization Events”, by Morten Bennedsen, Francisco Pérez-González, and Daniel Wolfenzon.

Other papers discussed in this episode are:

Bertrand, M., & Schoar, A. (2003). Managing with style: The effect of managers on firm policies. The Quarterly journal of economics, 118(4), 1169-1208.

Johnson, W. B., Magee, R. P., Nagarajan, N. J., & Newman, H. A. (1985). An analysis of the stock price reaction to sudden executive deaths: Implications for the managerial labor market. Journal of Accounting and Economics, 7(1-3), 151-174.