MBA Job Placement And Stock Market Performance
Abstract/Contents
- Abstract
- Firms that hire MBA graduates from two prominent MBA programs, consistently ranked in the top 10, exhibit abnormally high risk-adjusted stock returns in months leading up to hiring. This paper tests three factors that could explain this phenomenon: self-selection of the MBA graduate, selfselection of hiring firms, and underestimation of risk in firms undergoing expansion. The paper finds the most likely causes of the phenomenon to be the self-selection of hiring firms and the underestimation of firm risk as measured by market beta.
Description
| Type of resource | text |
|---|---|
| Date created | May 2010 |
Creators/Contributors
| Author | Vijverberg, William | |
|---|---|---|
| Primary advisor | Oyer, Paul | |
| Degree granting institution | Stanford University, Department of Economics |
Subjects
| Subject | Stanford Department of Economics |
|---|---|
| Subject | Abnormal Returns |
| Subject | Human Capital |
| Subject | Risk Modeling |
| Subject | Corporate Investment |
| Subject | Job Placement |
| Genre | Thesis |
Bibliographic information
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Preferred citation
- Preferred Citation
- Vijverberg, William. (2010). MBA Job Placement And Stock Market Performance. Stanford Digital Repository. Available at: https://purl.stanford.edu/nx141vy3554
Collection
Stanford University, Department of Economics, Honors Theses
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