Marital Status & managerial attitude towards risk

 

APRIL 11, 2012 Wedneday  Single CEOs, Wishing to Seem Attractive, Take Bigger Risks Companies run by unmarried CEOs appear to invest more aggressively and take greater risks — their investment level is 10% higher, on average, and their stock-return volatility is 3% greater than that of other firms, say Nikolai L. Roussanov of The Wharton School and Pavel G. Savor of the University of Pennsylvania. The numbers are consistent with evidence that single men take on greater risk than their married peers in hopes of being more attractive to potential mates, the researchers say. Source: Status, Marriage, and Managers' Attitudes To Risk