Faculty News
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Prof. David Yermack's research on the link between CEO vacations and stock prices is featured
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![Business Insider logo Business Insider logo](/sites/default/files/styles/192w_x_144h/public/assets/images/business%20insider%20logo.jpg?h=cd55d432&itok=mupMlMS6)
Excerpt from Business Insider -- "David Yermack, a finance professor at New York University, has written a wonderful paper showing a correlation between the times CEOs take private jets to their vacation homes and movements in the company's stock. It is, perhaps, not surprising that CEOs go on vacation after announcing good news, and that they stay in the office when bad news is announced — propelling their stock up and down, respectively."
Faculty News
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![Business Insider logo Business Insider logo](/sites/default/files/styles/192w_x_144h/public/assets/images/business%20insider%20logo.jpg?h=cd55d432&itok=mupMlMS6)
Excerpt from Business Insider -- "David Yermack, a finance professor at New York University, has written a wonderful paper showing a correlation between the times CEOs take private jets to their vacation homes and movements in the company's stock. It is, perhaps, not surprising that CEOs go on vacation after announcing good news, and that they stay in the office when bad news is announced — propelling their stock up and down, respectively."