Business success and businesses' beauty capital
AbstractWe 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.
Download InfoIf 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.
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 InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 67 (2000)
Issue (Month): 2 (May)
Contact details of provider:
Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- J71 - Labor and Demographic Economics - - Labor Discrimination - - - Hiring and Firing
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.:
- 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.
- Jeff E. Biddle & Daniel S. Hamermesh, 1998. "Beauty, Productivity and Discrimination: Lawyers' Looks and Lucre," NBER Working Papers 5366, National Bureau of Economic Research, Inc.
- 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.
- Hamermesh, Daniel S. & Meng, Xin & Zhang, Junsen, 2002.
"Dress for success--does primping pay?,"
Elsevier, vol. 9(3), pages 361-373, July.
- 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.
- Daniel S. Hamermesh & Jeff E. Biddle, 1993.
"Beauty and the Labor Market,"
NBER Working Papers
4518, National Bureau of Economic Research, Inc.
- Welch, F, 1970. "Education in Production," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 35-59, Jan.-Feb..
- Hashimoto, Masanori, 1981. "Firm-Specific Human Capital as a Shared Investment," American Economic Review, American Economic Association, vol. 71(3), pages 475-82, June.
- Berggren, Niclas & Jordahl, Henrik & Poutvaara, Panu, 2006.
"The Looks of a Winner: Beauty, Gender and Electoral Success,"
IZA Discussion Papers
2311, Institute for the Study of Labor (IZA).
- Berggren, Niclas & Jordahl, Henrik & Poutvaara, Panu, 2006. "The Looks of a Winner: Beauty, Gender and Electoral Success," Ratio Working Papers 104, The Ratio Institute.
- Niclas Berggren & Henrik Jordahl & Panu Poutvaara, 2007. "The Looks of a Winner: Beauty, Gender, and Electoral Success," CESifo Working Paper Series 2002, CESifo Group Munich.
- 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.
- Subhani, Muhammad Imtiaz, 2012. "Physical Attractiveness Or Referrals: Which Matters The Most?," MPRA Paper 39105, University Library of Munich, Germany.
- Hamermesh, Daniel S., 2006.
"Changing looks and changing "discrimination": The beauty of economists,"
Elsevier, vol. 93(3), pages 405-412, December.
- Daniel S. Hamermesh, 2005. "Changing Looks and Changing "Discrimination:" The Beauty of Economists," NBER Working Papers 11712, National Bureau of Economic Research, Inc.
- E. Feess & Gerd Muehlheusser & M. Walzl, 2008.
Journal of Economics,
Springer, vol. 93(3), pages 267-291, 04.
- Victor Ginsburgh & Olivier Gergaud & F. Livat, .
"Succes :Talent, Intelligence or Beauty?,"
ULB Institutional Repository
2013/151568, ULB -- Universite Libre de Bruxelles.
- Olivier Gergaud & Victor Ginsburgh, 2010. "Success: Talent, Intelligence or Beauty?," Working Papers ECARES ECARES 2010-046, ULB -- Universite Libre de Bruxelles.
- GERGAUD, Olivier & GINSBURGH, Victor, 2010. "Success: talent, intelligence or beauty ?," CORE Discussion Papers 2010072, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- 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.
- 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.
- Giam Pietro Cipriani & Angelo Zago, 2005. "Productivity or Discrimination? Beauty and the Exams," Working Papers 18, University of Verona, Department of Economics.
- Olivier Gergaud & Victor Ginsburgh & Florine Livat, 2012.
"Success of Celebrities: Talent, Intelligence or Beauty?,"
AccessEcon, vol. 32(4), pages 3120-3127.
- 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).
- 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.
- 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.
- 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.
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.