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Managing with style

“It’s not too far of a stretch to think that there’s a correlation between style and performance.”
Antoinette Schoar's recent research looks at how the market responds to CEO-level management styles. “We look at CEOs that were having their first job in a recession versus in a boom time. You see that those managers have different styles, and the stock market reacts differently to them. So it’s not too far of a stretch to think that there’s a correlation between style and performance.”