Population aging and firm performance: The role of top executives (Population aging and firm performance)

Abstract:

Population aging is a pervasive trend that is currently viewed as one of the biggest social and economic challenges. One consequence of this phenomenon that has been neglected is the strong reduction of the relative share of younger and middle-aged individuals. Top achievers in many professions typically reach their prime age (highest performance) between 30 and 40 years. Hence, this trend might have negative consequences for the supply of these top talents. In this project, I wish to study the impact of this development on the selection and performance of top executives and on changes in the market of top executives.