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We Studied 38 Incidents of CEO Bad Behavior and Measured Their Consequences

Harvard Business Review

To examine how corporations handle allegations of CEO misbehavior, we conducted an extensive review of news media between 2000 and 2015. Among the companies in our sample, share prices declined by a market-adjusted 3.1% (1.1% 21% involved a sexual affair or relations with a subordinate, contractor, or consultant.

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