Business success and businesses’ beauty capital

Using a sample of Dutch advertising firms, we find that those with better-looking executives have higher revenues. Impacts on revenue far exceed the likely effects of beauty on the executives’ earnings. This suggests that beauty creates firm-specific investments, with the returns shared by the firm...

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Veröffentlicht in:Economics letters 2000-05, Vol.67 (2), p.201-207
Hauptverfasser: Pfann, Gerard A, Biddle, Jeff E, Hamermesh, Daniel S, Bosman, Ciska M
Format: Artikel
Sprache:eng
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Zusammenfassung:Using a sample of Dutch advertising firms, we find that those with better-looking executives have higher revenues. Impacts on revenue far exceed the likely effects of beauty on the executives’ earnings. This suggests that beauty creates firm-specific investments, with the returns shared by the firm and the executive.
ISSN:0165-1765
1873-7374
DOI:10.1016/S0165-1765(99)00255-4