Study Says ‘Psychopathic’ Leaders Destroy Shareholder Wealth
What should you do when you see a surfeit of the words “I, me and myself” in a company’s annual reports? Sell the stock because that indicates some psychopathic traits of Corporate Leadership.
That’s the quick piece of advice emerging from an academic study that evaluated the effects of psychopathic traits in corporate leadership on stock market returns.
“Our empirical analysis supported the hypothesis that psychopathic-like tendencies exhibited by top management teams are particularly destructive from the point of view of shareholder wealth,” the . . .
This content is exclusively for paying members of ValueWalk Premium Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with ValueWalk Premium Get Started Now with a FREE 7-Day Trial 🔻 If you are a current ValueWalk Premium member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.
|
