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The Downside of Extroverted CEOs

The Downside of Extroverted CEOs

Wall Street Journal

Public companies run by chief executives with extroverted personality traits have a higher cost of equity capital—the return shareholders demand for bearing the risk of owning the asset—than otherwise similar firms with less-outgoing CEOs, according to new research led by Biljana Adebambo, an associate finance professor at the University of San Diego.

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