Advanced Search
MyIDEAS: Login to save this article or follow this journal

Business success and businesses' beauty capital

Contents:

Author Info

  • Pfann, Gerard A.
  • Biddle, Jeff E.
  • Hamermesh, Daniel S.
  • Bosman, Ciska M.

Abstract

We examine whether a difference in pay for beauty is supported by different productivity of people according to looks. Using a sample of advertising firms, we find that those firms with better-looking executives have higher revenues and faster growth than do otherwise identical firms whose executives are not so good-looking. The impact on revenue far exceeds the likely effect of beauty on the executives' wages. This suggests that their beauty creates firm-specific investments, in the form of improved relationships within work groups, the returns to which are shared by the firm and the executive.

(This abstract was borrowed from another version of this item.)

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.sciencedirect.com/science/article/B6V84-3YRVPG4-D/2/5ad98443effb5e723ebefade07132032
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 67 (2000)
Issue (Month): 2 (May)
Pages: 201-207

as in new window
Handle: RePEc:eee:ecolet:v:67:y:2000:i:2:p:201-207

Contact details of provider:
Web page: http://www.elsevier.com/locate/ecolet

Related research

Keywords:

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Welch, F, 1970. "Education in Production," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 35-59, Jan.-Feb..
  2. Biddle, Jeff E & Hamermesh, Daniel S, 1998. "Beauty, Productivity, and Discrimination: Lawyers' Looks and Lucre," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 172-201, January.
  3. Audretsch, David B & Mahmood, Talat, 1995. "New Firm Survival: New Results Using a Hazard Function," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 97-103, February.
  4. Bruce Johnson, W. & Magee, Robert P. & Nagarajan, Nandu J. & Newman, Harry A., 1985. "An analysis of the stock price reaction to sudden executive deaths : Implications for the managerial labor market," Journal of Accounting and Economics, Elsevier, vol. 7(1-3), pages 151-174, April.
  5. Hamermesh, Daniel S & Biddle, Jeff E, 1994. "Beauty and the Labor Market," American Economic Review, American Economic Association, vol. 84(5), pages 1174-94, December.
  6. Hashimoto, Masanori, 1981. "Firm-Specific Human Capital as a Shared Investment," American Economic Review, American Economic Association, vol. 71(3), pages 475-82, June.
  7. Daniel S. Hamermesh & Xin Meng & Junsen Zhang, 1999. "Dress for Success — Does Primping Pay?," NBER Working Papers 7167, National Bureau of Economic Research, Inc.
  8. Masanori Hashimoto & Ben T. Yu, 1980. "Specific Capital, Employmemt Contracts, and Wage Rigidity," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 536-549, Autumn.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Victor Ginsburgh & Olivier Gergaud & F. Livat, . "Succes :Talent, Intelligence or Beauty?," ULB Institutional Repository 2013/151568, ULB -- Universite Libre de Bruxelles.
  2. Berggren, Niclas & Jordahl, Henrik & Poutvaara, Panu, 2006. "The Looks of a Winner: Beauty, Gender and Electoral Success," Working Paper Series 671, Research Institute of Industrial Economics.
  3. Seung Chan Ahn & Young Hoon Lee, 2011. "Beauty and Productivity:The Case of the Ladies Professional Golf Association," Working Papers 1119, Research Institute for Market Economy, Sogang University, revised 2011.
  4. E. Feess & Gerd Muehlheusser & M. Walzl, 2008. "Unfair contests," Journal of Economics, Springer, vol. 93(3), pages 267-291, 04.
  5. Daniel S. Hamermesh, 2005. "Changing Looks and Changing "Discrimination:" The Beauty of Economists," NBER Working Papers 11712, National Bureau of Economic Research, Inc.
  6. Pfeifer, Christian, 2011. "Physical Attractiveness, Employment, and Earnings," IZA Discussion Papers 5664, Institute for the Study of Labor (IZA).
  7. GERGAUD, Olivier & GINSBURGH, Victor & LIVAT, Florine, . "Success of celebrities: talent, intelligence or beauty?," CORE Discussion Papers RP -2498, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  8. Subhani, Muhammad Imtiaz, 2012. "Physical Attractiveness Or Referrals: Which Matters The Most?," MPRA Paper 39105, University Library of Munich, Germany.
  9. Giam Pietro Cipriani & Angelo Zago, 2011. "Productivity or Discrimination? Beauty and the Exams," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 428-447, 06.
  10. Franklin G. Mixon & Steven B. Caudill, 2013. "Campus competition and co-ed allure: An institution-level analysis of collegiate dating markets," Economics Bulletin, AccessEcon, vol. 33(1), pages 442-453.
  11. French, Michael T. & Robins, Philip K. & Homer, Jenny F. & Tapsell, Lauren M., 2009. "Effects of physical attractiveness, personality, and grooming on academic performance in high school," Labour Economics, Elsevier, vol. 16(4), pages 373-382, August.
  12. Godoy, Ricardo & Reyes-Garcia, Victoria & Huanca, Tomas & Tanner, Susan & Leonard, William R. & McDade, Thomas & Vadez, Vincent, 2005. "Do smiles have a face value? Panel evidence from Amazonian Indians," Journal of Economic Psychology, Elsevier, vol. 26(4), pages 469-490, August.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:67:y:2000:i:2:p:201-207. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.