CEO Voice Pitch–Deeper Voice; deeper pockets
Just when you thought academics were not wasting their time doing incredibly useless research, along comes this intriguing research:
Voice Pitch Predicts Labor Market Success among Male Chief Executive Officers
by William Mayew and Mohan Venkatachalam
A deep voice is evolutionarily advantageous for males, but does it confer benefit in competition for leadership positions? We study a large sample of male public-company Chief Executive Officers (CEOs) and find that CEOs with deeper voices manage larger companies, and as a result, make more money. A 1% decrease in voice pitch is associated with a $30 million increase in the size of the firm managed, and in turn, $19 thousand more in annual compensation. The effects of voice pitch on labor market success are more pronounced in settings where the CEOs have more discretion. The results support recent experimental predictions suggesting voice pitch matters in leadership selection.
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