How a CEO’s Personality Affects Their Company’s Stock Price
CEOs represent the face of their companies. Although one may expect this public role to temper what CEOs do and say, there are many examples of highly visible CEOs behaving eccentrically in public.
For example, Paypal’s Peter Thiel has championed investing in human immortality and Tesla’s Elon Musk frequently talks about nuking Mars and even received attention last year for smoking marijuana on a podcast with comedian Joe Rogan.
Many CEOs seem unconcerned with managing external perceptions. But how does this affect the value of their firms?