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

The paper discussed in this episode is: “Do CEOs Matter? Evidence from Hospitalization Events (onlinelibrary.wiley.com/doi/abs/10.1111/jofi.1…)”, 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.