News

New publication on the value of luck in the labour market for CEOs

Research, Aktuelles |

Mario Daniele Amore and Sebastian Schwenen (CEM) have recently published a CEPR discussion paper on the influence of luck on CEOs' opportunities in labour markets.

Mario Daniele Amore of the Bocconi University and Sebastian Schwenen of TUM (CEM) study how "lucky" exogenous events influence CEOs' pay, their personal prospects in the labour market and the performance of companies who hire "lucky" CEOs. Read about their study here (full paper).