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Why some corporate leaders continue to invest in losing ventures

Jan. 30, 2 p.m. I have a long-time friend. He is facing the classic rock and a hard place.

How Sunk Costs Affect Firms' Investment Decisions - Knowledge at Wharton

One secret to a longer life: Don't become CEO in an embattled industry

Work crises 'reduce life expectancy of executives' | Business

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CEO stress can reduce lifespan, increase aging, study shows

CEO stress can reduce lifespan, increase aging, study shows Caiaimage/Paul Bradbury CEOs experiencing high stress from work and industry challenges may live 1.5 years less than their peers, according to a study. Beyond the lifespan effects, the National Bureau of Economic Research Database found that CEOs who likely bore the brunt of stress from the Great Recession added an estimated year to their apparent age. The study used experimental machine-learning to analyze more than 3,000 photos of CEOs at different points in their tenure. The results showed prolonged periods of stress have very real health consequences for workers and executives. Today s interest is always around incentivizing people to put in effort and work hard, said Marius Guenzel, who is a UPenn economist and researcher on the study. On the flip side, what is the effect of people who are constantly working these intense work schedules.