How did CEOs of S&P500 firms react to the COVID-19 pandemic? Did they prioritize shareholders by meeting dividend expectations or did they secure jobs? In a study, I conducted with Ali Bayat, Panagiotis Koutroumpis and Xingjie Wei, we find that the answer to this question depends on the CEOs' political orientation. The study is forthcoming in the Journal of Corporate Finance . A brief podcast summarising the study is available below. Marc Goergen · Podcast - Covid paper
Please follow this link for a recent article in the Lex column of the Financial Times covering my research on CEO duality. The study in question is discussed in more detail in one of my earlier blog posts .