Celebrating Success: Dr Vu Trinh (Rainy)

Congratulations to Vu Trinh (Rainy) for their paper ‘The Chair-CEO Chronological Age Gap and Bank Performance: The Effects of Financial Crisis Shock’ which has been published in the International Journal of Business Governance and Ethics. This study examines the effect of the Chair-CEO chronological age gap on the performance of commercial banks listed on the London Stock Exchange (UK). Additional identification attempts include the use of the 2007-2009 financial crisis as an exogenous shock to monitoring needs.

Abstract: This study investigates the effect of the Chair-CEO chronological age gap on the performance of commercial banks listed on the London Stock Exchange. We examine either the Chair-CEO generational gap (a minimum age gap of 20 years) or the Chair-CEO age difference (+/- or absolute). We find significant evidence for the hypothesis that the Chair-CEO age dissimilarity is likely to increase bank performance. Additional identification attempts include the use of the 2007-2009 financial crisis as an exogenous shock to monitoring needs. We find that during the crisis, the positive linkage between age difference and bank performance was more intensified..