Imperial College London

Dr Claudia Custodio

Business School

Associate Professor of Finance
 
 
 
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Contact

 

+44 (0)20 7594 9249c.custodio Website CV

 
 
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Location

 

4.0953 Prince's GateSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@unpublished{Custodio:2018,
author = {Custodio, C and Siegel, S},
publisher = {CEPR},
title = {Are CEOs More Likely to be First-Borns?},
url = {http://cepr.org/},
year = {2018}
}

RIS format (EndNote, RefMan)

TY  - UNPB
AB - We investigate the link between birth order and the career outcome of becoming Chief Executive Officer (CEO) of a company. CEOs are more likely to be the first-born, i.e., oldest, child of their family relative to what one would expect if birth order did not matter for career outcomes. Both male and female CEOs are more likely to be first-born. However, the first-born advantage seems to largely reflect the absence of an older brother, but not of an older sister. These results are more pronounced for family firms, where traditionally the oldest child is appointed to run the family business, but also hold for non-family firms.
AU - Custodio,C
AU - Siegel,S
PB - CEPR
PY - 2018///
TI - Are CEOs More Likely to be First-Borns?
UR - http://cepr.org/
ER -