The Great Recession had the mortality effect of increasing a typical CEO’s age by about 1.5 years.
Anti-takeover laws had the mortality effect of decreasing a typical affected CEO’s age by about 2 years.
The Great Recession made an affected CEO look an average of 1.2 years older, based on assessments by computers equipped with age-estimation software.
Author(s): Allison Bell
Publication Date: 23 March 2021
Publication Site: Think Advisor