It is about. The vocals pitch of male CEOs can be an “honest signal of their hormone quality.” we use digitally analyzed voice pitch of 167 Wall Street male CEO interviews on CNBC during the 2008 economic crisis in order to find a negative relationship between your sound pitch of this CEO together with chance of the company. Deep-voiced male CEOs were very likely to be fired following the crisis that is financial until 2012. Begin to see the full situation of Barclays right next! Microstructure occasion research reveals that deep voiced CEOs’ TV interviews increased stock return volatility transitorily during the full moment of this interviews.
Presented at Nanyang company School in Singapore, Deakin University, Asian FA 2018 at Tokyo, KAIST, Seoul National University, Seoul Quant Conference 2017, the University of Michigan – Flint
(with Jen CHANG and Min Jung KANG)