Business success and businesses' beauty capital

Citation
Ga. Pfann et al., Business success and businesses' beauty capital, ECON LETT, 67(2), 2000, pp. 201-207
Citations number
7
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
67
Issue
2
Year of publication
2000
Pages
201 - 207
Database
ISI
SICI code
0165-1765(200005)67:2<201:BSABBC>2.0.ZU;2-Z
Abstract
Using a sample of Dutch advertising firms, we find that those with better-l ooking executives have higher revenues. Impacts on revenue far exceed the l ikely effects of beauty on the executives' earnings. This suggests that bea uty creates firm-specific investments, with the returns shared by the firm and the executive. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: J7.