Attractive CEOs give their companies’ stocks a boost in the early days of their tenures, finds a study by researchers at the University of Wisconsin Milwaukee.
Read: The cost of a nice suit
They also enjoy higher salaries and get higher premiums in takeovers, the Globe and Mail reports. The researchers looked at 677 CEOs of S&P 500 companies and rated their facial attractiveness. Boosts in the companies’ fortunes were linked to CEOs’ television appearances.
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