John R. Graham

Scholarly edition · September 1, 2017 We provide new evidence that the subjective "look of competence" rather than beauty is important for CEO selection and compensation. Our experiments, studying the facial traits of CEOs using nearly 2,000 subjects, link facial characteristics to both CEO co ... Full text Cite

Capital allocation and delegation of decision-making authority within firms

Scholarly edition · March 1, 2015 We use a unique data set that contains information on more than 1,000 Chief Executive Officers (CEOs) and Chief Financial Officers (CFOs) around the world to investigate the degree to which executives delegate financial decisions and the circumstances that ... Full text Cite

Managerial miscalibration

Scholarly edition · November 1, 2013 Using a unique 10-year panel that includes more than 13,300 expected stock market return probability distributions, we find that executives are severely miscalibrated, producing distributions that are too narrow: realized market returns are within the exec ... Full text Cite