Description/Abstract
This study found that firms run by CEOs who have served in the military have lower investment and Research and Development (R&D) expenditures. In practice, firms and organizations should consider hiring chief executive officers (CEOs) with military experience if they are looking for “change agents” who will create an ethical, effective, and team-oriented organizational culture. In policy, the Department of Defense (DoD), Department of Labor (DoL), and the Department of Veterans Affairs (VA) might partner to ensure that material on business leadership, human resource management in the civilian sector, and business ethics are integrated into program offerings, including TAP. Suggestions for future study include examining the relationship between military CEO leadership and various firm performance metrics, as well as measuring the effects of military CEO leadership on a wide range of firms in different markets.
Original Citation
Benmelech, E., & Frydman, C. (2015). Military CEOs. Journal of Financial Economics, 117(1), 43-59. https://doi.org/10.1016/j.jfineco.2014.04.009
Document Type
Brief
Disciplines
Business Administration, Management, and Operations | Military and Veterans Studies | Social and Behavioral Sciences
Extent
2 pages
DCMI Type
Text
Keywords
CEOs, Fraud, Military, Ethics, Corporate governance
Subject
Veterans; Chief executive officers; Corporate governance
Publisher
Institute for Veterans and Military Families at Syracuse University
Date
6-19-2016
Language
English
Recommended Citation
Institute for Veterans and Military Families at Syracuse University, "Research Brief: "Military CEOs"" (2016). Institute for Veterans and Military Families. 231.
https://surface.syr.edu/ivmf/231
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Included in
Business Administration, Management, and Operations Commons, Military and Veterans Studies Commons
