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- W3191905724 endingPage "473" @default.
- W3191905724 startingPage "443" @default.
- W3191905724 abstract "Purpose Pulchronomics studies the economics of beauty. The purpose of this paper is to research CEO pulchronomics by examining whether a beauty premium exists in CEO compensation and whether this beauty premium is justified by differences in CEO performance. Design/methodology/approach The authors calculate a facial attractiveness scores (FAS) based on facial symmetry, facial structure and the golden ratio. The authors then perform OLS regressions to examine the effect of CEO beauty on CEO compensation and firm performances. Findings The authors find that base salaries for attractive CEOs are higher than those for unattractive CEOs, but incentive pays for attractive CEOs are not different from those for unattractive CEOs. The latter is likely due to the fact that attractive CEOs do not outperform unattractive CEOs in operations, innovation, corporate social responsibility and financial reporting quality. Originality/value Since the CEO beauty premium is not supported by the superior performance of attractive CEOs, this paper provides new evidence of appearance discrimination in CEO compensation." @default.
- W3191905724 created "2021-08-16" @default.
- W3191905724 creator A5033645818 @default.
- W3191905724 creator A5035456360 @default.
- W3191905724 creator A5059026822 @default.
- W3191905724 date "2021-08-10" @default.
- W3191905724 modified "2023-09-26" @default.
- W3191905724 title "CEO pulchronomics and appearance discrimination" @default.
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