NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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CEO Behavior and Firm Performance

Oriana Bandiera, Stephen Hansen, Andrea Prat, Raffaella Sadun

NBER Working Paper No. 23248
Issued in March 2017, Revised in September 2017

---- Acknowledgments ----

This project was funded by Columbia Business School, Harvard Business School and the Kau↵man Foundation. We are grateful to Morten Bennedsen, Robin Burgess, Wouter Dessein, Bob Gibbons, Rebecca Henderson, Ben Hermalin, Paul Ingram, Amit Khandelwal, Nicola Limodio, Michael McMahon, Antoinette Schoar, Daniela Scur, Steve Tadelis and seminar participants at ABD Institute, Bocconi, Cattolica, Chicago, Columbia, Copenhagen Business School, Cornell, the CEPR Economics of Organization Workshop, the CEPR/IZA Labour Economics Symposium, Edinburgh, Harvard Business School, INSEAD, LSE, MIT, Munich, NBER, Oxford, Politecnico di Milano, Princeton, Science Po, SIOE, Sydney, Stanford Management Conference, Tel Aviv, Tokyo, Toronto, Uppsala, and Warwick for useful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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