““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 ”
Business Jet Traveler’s First Annual Readers’ Choice Survey
Nearly a thousand subscribers responded to BJT's first annual survey on business jet travel. Read on to find out why our readers fly privately; what they like best and least about fractional, jet card and charter providers and their own jets; and what aircraft they'd pick if they could have any available model.
Click below for a PDF of 'Business Jet Traveler’s First Annual Readers’ Choice Survey', which include complete charts and graphs.
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