““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”
Another Book from BJT's Editor
Leonard Cohen on Leonard Cohen: Interviews and Encounters, the latest book from BJT editor Jeff Burger, has just been published in North America by Chicago Review Press. The 624-page hardcover anthology, which is also available as an e-book, tells the legendary 79-year-old singer/songwriter’s story in his own words for the first time, via more than 50 interviews and interview-based features spanning nearly half a century. In the book, the artist talks about "Hallelujah," "Bird on the Wire," "Suzanne" and his other classic songs. He candidly discusses his famous romances, his years in a Zen monastery, his ill-fated collaboration with producer Phil Spector, his near-bankruptcy, his long battle with depression and more.
The volume includes a foreword by singer/songwriter Suzanne Vega and eight pages of rarely seen photos. Burger's introductions to each piece put the material in context and include many reflections and reminiscences that contributors supplied specifically for this project.
Journalists in the U.S., Canada, England, Spain, Greece, Australia and Scandinavia conducted the book’s interviews between 1966 and 2012. Some of the pieces come from small publications, others from large media such as the New York Times, Rolling Stone and the Canadian Broadcasting Corporation. Approximately 25 percent of the material has not previously been printed anywhere. A few of the print pieces have not been published in English until now and some of the material has not previously been available in any format.
Chicago Review Press has also just released a North American paperback edition of Burger’s Springsteen on Springsteen: Interviews, Speeches, and Encounters. That book, which appeared in hardcover in the U.S. and Canada in April 2013, has since been republished in England, Ireland, Australia, New Zealand and Japan.