Finance paper accepted for publication in the Journal of Financial Economics
Aalto Distinguished Professor Matti Keloharju’s paper “” has been accepted for publication in the Journal of Financial Economics. The paper’s co-authors are Renee B. Adams, University of New South Wales and Samuli Knüpfer, BI Norwegian Business School.
Abstract of the paper:
What makes a successful CEO? We combine a near-exhaustive sample of CEOs of Swedish companies with data on their cognitive and non-cognitive ability and height at age 18. CEOs differ from other high-skill professions most in non-cognitive ability. The median large-company CEO belongs to the top 5% of the population in the combination of the three traits. The traits have a monotonic and close to linear relationship with CEO pay, but their correlations with pay, firm size, and CEO fixed effects in firm policies are relatively low. Traits appear necessary, but not sufficient for making it to the top.
Read more news
Researchers make micromanipulation more accessible
FilMBot aims to lower the barrier to high-precision work in education, research, and micro-assembly
Positive communication and improvisation help build students’ communication skills to meet employer needs
The School of Business redesigned its mandatory first-year communication course
Learning Environments Research Group — 2025 in Review
2025 recap: three doctoral theses on context-aware interaction design, AI as creative learning partner, and telerobotic puppetry for peacebuilding.