Privately educated CEOs seen as ‘safer bet’ by investors, study finds

Chief executives who attended private school are perceived by investors as a “safer bet”, according to a study, despite there being no evidence they perform or behave differently to their state-educated counterparts. Companies run by privately educated bosses tend to experience lower stock market volatility, even though there are no meaningful differences in their performance, decision-making or crisis management, the research from the University of Surrey found. …