Does Health Correlate with Becoming a CEO?
apr. 07, 2024
On this International Health Day, we highlight a study that looks into the health of CEOs in Sweden, comparing them to the average person and people in other high-skilled jobs. It found that there is a strong correlation between mental and physical health and becoming a CEO, and that poor health often leads to CEO turnover.
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The study by Swedish House of Finance Affiliated Researcher Joacim Tåg, together with Matti Keloharju (Aalto University), Samuli Knufer (CEPR) also found:
- The larger the firm, the healthier the CEO.
- In large firms, CEO health doesn't affect company performance; in small firms, it does.
- Corporate wellness programs can mitigate health-related career obstacles.
- CEOs are healthier than the general population.
Watch the interview with Joacim Tåg to learn more about the study. You can read the paper here.