Marathons And Market Valuations

September 29, 2014 in Daily Bulletin

Looking for a new company CEO? Just stand by the finish line of a marathon and ask for resumes writes Zach Wener-Fligner:

  • A study found that companies with CEOs who run marathons are 5% more valuable than those that don’t.
  • This is particularly true of those who are in positions or industries┬áthat will subject them to excessive amounts of stress. In such cases the boost to a company’s value is up to 10%.
  • This may be because of the stress relieving effects of running.
  • Boards are becoming wise to this. Aside from a blip during the great recession the number of marathon runner CEOs has risen steadily.

Read more here.

Source: Quartz