Open Access. Powered by Scholars. Published by Universities.®

Business Commons

Open Access. Powered by Scholars. Published by Universities.®

2022

Business Administration, Management, and Operations

Series

2022 Awards for Excellence in Student Research and Creative Activity - Documents

Articles 1 - 1 of 1

Full-Text Articles in Business

Ceo Celebrity Status And Readability Of Financial Statements, Benjamim Eduardo Apr 2022

Ceo Celebrity Status And Readability Of Financial Statements, Benjamim Eduardo

2022 Awards for Excellence in Student Research and Creative Activity - Documents

The importance and influence of Chief Executive Officer’s reputation to firm value and performance has been a great subject of debate in finance. A 2015 survey by Webber Shandwick of over 1700 executives worldwide has shown that CEO reputation is a significant driver of company reputation and value. The survey showed that executives attribute 45% of their company’s reputation and 44% of company’s market value to the reputation of their CEO, on average. The external visibility of the CEO matters not only to shine a light on the company, but also as a channel through which the firm can tap …