Document Type
Report
Key Takeaways
• The social class upbringing of CEOs has a lingering effect on their strategic decision-making as CEO. • CEOs from middle class upbringings engage in less strategic risk-taking, such as R&D spending, than those from upper or lower classes. • CEOs from lower class backgrounds are more risk averse if they were educated at an elite university.
Publication Date
2017
Disciplines
Business
Copyright
© 2017, University of South Carolina
Publication Info
2017.