Privately educated CEOs seen as ‘safer bet’ by investors, study finds

Investors perceive privately educated CEOs as a safer bet, with stock volatility averaging 5% lower at their firms, according to a University of Surrey study. However, researchers found no evidence these executives perform better, take fewer risks, or handle crises more effectively than state-educated counterparts. The effect stems from investors mistaking privilege for competence.

Summary by Glance · The Guardian Australia – Business