Flying Bosses: New Study Highlights Why CEO Pilots Make Good Leaders

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The kind of risk-seeking behavior that motivates certain people to fly personal aircraft may also make them effective corporate leaders, according to a new study co-authored by professors from the University of Notre Dame and the University of Oregon. Merging finance and psychology research to explore the role that genetics plays in CEO behavior, the authors finance professors of Notre Dame's Mendoza College of Business and the author from the University of Oregon's Lundquist College of Business document a persistent relation between genetic personality characteristics of CEOs and the types of corporate policies adopted by their firms in their study, "Cleared for Takeoff? CEO Personal Risk-Taking and Corporate Policies."