Stevens Institute of Technology: Study Finds Stock Values Increase When Firms Appoint Black CEOs
September 16, 2022
September 16, 2022
HOBOKEN, New Jersey, Sept. 16 (TNSjou) -- Stevens Institute of Technology issued the following news release:
Hiring a Black CEO can lead to a significant financial benefit for companies, according to a new study from Stevens Institute of Technology and University of Georgia (UGA), published in Strategic Management Journal.
Researchers analyzing nearly 5,000 CEO appointments over 20 years, from 2001-2020, found average stock prices went up when companies announced the ap . . .
Hiring a Black CEO can lead to a significant financial benefit for companies, according to a new study from Stevens Institute of Technology and University of Georgia (UGA), published in Strategic Management Journal.
Researchers analyzing nearly 5,000 CEO appointments over 20 years, from 2001-2020, found average stock prices went up when companies announced the ap . . .