Reexamining the relative-age effect and career success: new evidence from S&P 1500 CEOs

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Thomas Covington ◽  
Steve Swidler ◽  
Keven Yost

PurposeThe previous literature finds evidence from birth dates of CEOs that the relative-age effect continually influences their career success. The authors look at a significantly larger collection of CEOs and more exact information on school cut-off dates to reexamine the relative-age effect.Design/methodology/approachThe relative-age effect suggests that older individuals within a cohort are more successful. This study investigates if the relative-age effect exists for CEOs in the S&P 1500 by analyzing the distribution of their relative age. The authors utilize an identification strategy that allows to calculate a CEO's relative age in months and enables to resolve known identification problems.FindingsThe authors find no support for the existence of the relative-age effect for CEOs either by season of birth or relative age in months. On the whole, the distribution of CEO birth dates is similar to the US population. Additionally, the authors find no evidence of a relative-age effect on firm performance.Practical implicationsContrary to previous findings, there appears to be no relative-age cohort effect for CEOs of major corporations.Originality/valueResearch shows that CEO characteristics shape firm strategy that in turn affects firm performance. Despite previous work that suggests a relative-age effect, the authors provide a more comprehensive data set and better measurement of relative-age within a cohort. The authors find that the relative-age effect does not continue throughout a CEO's career, and therefore, birth dates are not a characteristic that influences firm strategy and performance.

2012 ◽  
Vol 117 (3) ◽  
pp. 660-662 ◽  
Author(s):  
Qianqian Du ◽  
Huasheng Gao ◽  
Maurice D. Levi

Children ◽  
2021 ◽  
Vol 8 (2) ◽  
pp. 141
Author(s):  
Rubén Navarro-Patón ◽  
Víctor Arufe-Giráldez ◽  
Alberto Sanmiguel-Rodríguez ◽  
Marcos Mecías-Calvo

The aim of this study was to evaluate the differences on motor competence between boys and girls aged 4 years old and investigate the existence of Relative Age Effect on their motor competence. In total, 132 preschool children were evaluated, of whom 60 (45.50%) were girls and 72 (54.5%) were boys. The distribution of the participants was from quarter 1 [n = 28 (21.2%)], quarter 2 [n = 52 (39.4%)], quarter 3 [n = 24 (18.2%)], and quarter 4 [(n = 28 (21.2%)], respectively. The Movement Assessment Battery for Children-2 (MABC-2) was used to collect the data. The data show the main effects on quarter of birth factor in manual dexterity (MD; p < 0.001), in aiming and catching (A&C; p < 0.001), in balance (Bal; p < 0.001) and in total test score (TTS; p < 0.001). There are also statistical differences on gender factor in MD (p < 0.001) and in TTS (p = 0.031). A significant effect was also found in the interaction between two factors (gender and quarter of birth) in MD (p < 0.001), A&C (p < 0.001), and Bal (p < 0.001). There are differences in all the variables studied according to the quarter of birth and only in manual dexterity and in the total score if compared according to gender (the scores are higher in girls).


Children ◽  
2021 ◽  
Vol 8 (2) ◽  
pp. 115
Author(s):  
Rubén Navarro-Patón ◽  
Marcos Mecías-Calvo ◽  
José Eugenio Rodríguez Fernández ◽  
Víctor Arufe-Giráldez

The purpose of this study was to evaluate whether a Relative Age Effect (RAE) exists in motor competence of preschool children. The hypothesis was that motor competence, assessed by the Movement Assessment Battery for Children-2 (MABC-2), would be higher in preschool children born in the first quarter of the year compared to those who were born in the last quarter of the same year. A total of 360 preschool children were evaluated of whom 208 (57.8%) were boys and 152 (42.8%) were girls, with a mean age of 4.52 years old (± 0.50). The distribution of the participants was 172 children aged 4 years old and 188 aged 5 years old. The data showed a main effect on the age factor in the total score of aiming and catching (p < 0.001) and in the total test score (p < 0.001), in the quarter of birth factor in all the dimensions studied (i.e., total score of manual dexterity (p < 0.001); total score of aiming and catching (p = 0.001); total score of balance (p < 0.001); total test score (p < 0.001)) and in the interaction between both factors (i.e., total score of manual dexterity (p = 0.005); total score of aiming and catching (p = 0.002); total score of balance (p < 0.001); total test score (p < 0.001)). Age and quarter of birth produce a RAE in 4 and 5-year-old preschool children’s motor competence.


2018 ◽  
Vol 9 (2S) ◽  
pp. 521 ◽  
Author(s):  
S.M. Mat-Rasid ◽  
M.R. Abdullah ◽  
H Juahir ◽  
R.M. Musa ◽  
A.B.H.M. Maliki ◽  
...  

2012 ◽  
Vol 24 (1) ◽  
pp. 72-83 ◽  
Author(s):  
Simon J. Roberts ◽  
Lynne M. Boddy ◽  
Stuart J. Fairclough ◽  
Gareth Stratton

The aims of this study were firstly to examine whether there was an observed relative age effect in the cardiorespiratory fitness scores of 9-10 and 11-12 year old children, and secondly whether any observed effect was maintained after controlling for somatic maturity. Cardiorespiratory fitness data from 11,404 children aged 9-10 years and 3,911 children aged 11-12 years were obtained from a large cross-sectional field-based fitness testing program. A one-way ANOVA revealed a statistically significant relative age effect (p < .01) existed in the 20mSRT scores across all the age groups. Furthermore, ANCOVA analyses identified a statistically significant relative age effect was maintained after controlling for somatic maturation (p < .05). From a public health perspective these results confirm the existence of relative age effects for the first time and consequently may hold implications for relatively younger children in the accurate assessment of their cardiorespiratory fitness scores.


PLoS ONE ◽  
2015 ◽  
Vol 10 (8) ◽  
pp. e0134744 ◽  
Author(s):  
Lisa Müller ◽  
Erich Müller ◽  
Carolin Hildebrandt ◽  
Elmar Kornexl ◽  
Christian Raschner

2018 ◽  
Vol 25 (2) ◽  
pp. 239-250 ◽  
Author(s):  
Dung Nguyen ◽  
Hoai Nguyen ◽  
Kien S. Nguyen

Purpose The purpose of this paper is to investigate the simultaneous relationship among ownership concentration, innovation and firm performance of the small- and medium-sized enterprises (SMEs) in Vietnam during the 2011–2015. By employing a Conditional Mixed Process (CMP) model, the findings show that: there is no impact of ownership concentration on innovation, but it has a positive impact on sales growth; innovation positively affects firm performance; and there exists a positively reverse causality from sales growth to innovation. Design/methodology/approach In this study, the authors propose the adaption of CMP model (Roodman, 2011). The nature of the first stage dependent variable – Innovation – is a binary one while the dependent variable Performance is continuous. Therefore, a model that can adapt the binary nature of the dependent variable and perform the estimation of a system of equations such as CMP model is preferred. The CMP framework is substantially that of seemingly unrelated regression, but with application in a larger scope. This approach is based on a “simulated maximum likelihood method” suggested by Geweke–Hajivassiliou–Keane algorithm. Findings By applying CMP method, this study examines the simultaneous relationship among ownership concentration, innovation and firm performance of the SMEs in Vietnam from 2011 to 2015. The findings indicate that: there is no impact of ownership concentration on innovation, but it has a positive impact on sales growth; innovation positively affects firm performance; and there exists a positively reverse causality from sales growth to innovation. Research limitations/implications In spite of the efforts to explore the simultaneous relationship among ownership concentration, innovation and firm performance of the SMEs in Vietnam, the study still has some limitations which are promising further research directions. First, the SME surveys by Central Institute for Economic Management do not have much information about other types of ownership including state-owned and foreign ownership. Therefore, possible further studies with richer data sets may explore the impacts of different types of ownership on firm innovation and performance. Second, other types of innovation such as organizational innovation, marketing innovation can also be investigated in further studies in a richer data set for the case of Vietnam SMEs. Originality/value The findings show that: there is no impact of ownership concentration on innovation, but it has a positive impact on sales growth; innovation positively affects firm performance; and there exists a positively reverse causality from sales growth to innovation. The policy implications insist on facilitating SMEs with easier access to capital via loans with preferred interest or trust loans without collateral, training programs for the labor force and SME leaders, and reduction of unnecessary administrative procedure.


2017 ◽  
Vol 12 (3) ◽  
pp. 316-321 ◽  
Author(s):  
Federico Pizzuto ◽  
Matteo Bonato ◽  
Gialunca Vernillo ◽  
Antonio La Torre ◽  
Maria Francesca Piacentini

Purpose:To analyze how many finalists of the International Association of Athletics Federations (IAAF) World Junior Championships (WJCs) in the middle- and long-distance track events had dropped out from high-level competitions.Methods:Starting from 2002, the 8 male and the 8 female finalists in the middle- and long-distance events of 6 editions of the WJC were followed until 2015 to evaluate how many missed the IAAF rankings for 2 consecutive years starting from the year after WJC participation. For those still competing at elite level, their careers were monitored.Results:In 2015, 61% of the 2002, 54.8% of the 2004, 48.3% of the 2006, 37.5% of the 2008, 26.2% of the 2010, and 29% of the 2012 WJC finalists were not present in the IAAF rankings. Of the 368 athletes considered, 75 (20.4%) were able to achieve the IAAF top 10 in 2.4 ± 2.2 y. There is evidence of relationships between dropout and gender (P = .040), WJC edition (P = .000), and nationality (P = .010) and between the possibility to achieve the IAAF top 10 and dropout (P = .000), continent (P = .001), relative age effect (P = .000), and quartile of birth (P = .050).Conclusions:Even if 23 of the finalists won a medal at the Olympic Games or at the World Championships, it is still not clear if participation at the WJC is a prerequisite to success at a senior level.


Sign in / Sign up

Export Citation Format

Share Document