Study reports on relationship between testosterone level and decision-making

The Huffington Post reports:

A CEO’s testosterone level can determine his company’s most major decisions, says a study by researchers at University of British Columbia’s Sauder School of Business.

The report, published in Management Science…  argues that “young male” CEOs, defined as under 45 years old, are more likely than older men or women to both initiate and kill mergers and acquisitions deals. From that finding, the report concludes that testosterone, which young males contain in compartively high amounts, drives this behavior.

The article is available for download here.

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