Forbes India 15th Anniversary Special

CEOs Who Play Golf Earn More: Report

Published: Jul 29, 2014 06:06:23 AM IST
Updated: Jul 24, 2014 02:16:08 PM IST

CEOs Who Play Golf Earn More: Report

Worried your investment is suffering because the ceo is spending too much time on the links? Don’t be. We took the handicaps of ten golfers among the execs running America’s 50 most valuable companies and compared them with their share prices, and—surprise!—the better golfers also tended to have better-performing stocks. The results dovetail with a 2010 study from two Spanish economists who found that CEOs who play golf earn more than their non-golfing peers, and the better they play, the higher their pay.

(This story appears in the 08 August, 2014 issue of Forbes India. To visit our Archives, click here.)