Cowboy Economics
Recent News |  Archives |  Tags |  About |  Newsletter |  Submit News |  Links |  Subscribe to CowboyEconomics.com RSS Feed Subscribe
New Articles
Study pinpoints potential 'green collar' job growth in US 11/20/2008

Lessons from the past can clarify banking crisis 11/14/2008

Ethanol will curb farm income until economy rebounds, economist says 11/11/2008

Report cites emerging carbon finance market 11/10/2008

Economic incentives for analysts play role in determining street earnings 11/9/2008

Study reveals marriage dowry as major cause of poverty in Bangladesh 11/1/2008

Households significantly reduce electricity use when prices rise 10/31/2008

Flawed 401(k) laws putting retirement at risk, expert says 10/30/2008

Consumers and plastic surgeons say economy is cutting into cosmetic procedures 10/29/2008

Improved poverty analysis 10/29/2008

Credit crunch threatens new medicines 10/28/2008

The great crash of 2008 10/24/2008

Recent financial crisis fails to hurt confidence in Florida real estate 10/23/2008

Immigrants close earning gap more slowly than previously thought 10/22/2008

Shultz urges cut in U.S. oil dependence 10/20/2008

Does the face of a CEO determine a successful company? (1/12/2008)

Tags:
chief executive officers, psychology

It certainly takes more than a pretty face to run a leading national corporation. But according to a recent Tufts University study, the performance levels of America's top companies could be related to the first impressions made by their chief executive officers (CEOs).

Using photographs of the highest and lowest ranked Fortune 1000 companies' CEOs, psychologists Nicholas Rule and Nalini Ambady quizzed ordinary college students to determine which of the pictured faces were characteristic of a leader.

Without knowledge of the pictured individuals' job titles, and by rating the faces on competence, dominance, likeability, facial maturity and trustworthiness, the students were able to distinguish between the successful and the not-so-successful CEOs.

Despite the ambiguity of the images, which were cropped to the face, put into grayscale and standardized in size, ratings of power- and leadership-related traits from CEOs' faces were significantly related to company profits.

"These findings suggest that naive judgments may provide more accurate assessments of individuals than well-informed judgments can," wrote the authors. "Our results are particularly striking given the uniformity of the CEOs' appearances." The majority of CEOs, who were selected according to their Fortune 1000 ranking, were Caucasian males of similar age.

The study, which appears in the February 2008 issue of Psychological Science, a journal of the Association for Psychological Science, reveals a strong connection between appearances and success as it leaves behind an intriguing question: which came first, the powerful-looking CEO or their successful career?

Note: This story has been adapted from a news release issued by the Association for Psychological Science

Post Comments:

Search

  Archives |  Submit News |  Advertise With Us |  Contact Us |  Links
All contents © 2000 - 2009 Web Doodle, LLC. All rights reserved.