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    MBAs Are More Self-Serving Than Other CEOs

    Miller, Danny ; Torres, Nicole

    • Reference: HBS-F1612B-E

    • Number of pages: 2

    • Publication Date: Dec 1, 2016

    • Source: HBSP (USA)

    • Type of Document: Article

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    Description

    When researchers tracked the performance of 444 celebrated U.S. CEOs, they discovered that companies run by MBAs underperformed the rest. The reason? The MBAs were more likely to engage in risky strategies. And while those strategies led to temporary gains, which increased the CEOs' compensation, they hurt the companies in the long run.

    Keywords

    Business ethics CEO Managerial behavior Performance measurement Risk