Timing of Medical-Device Recalls Linked to CEO’s Ownership Stake in the Company

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Timing of Medical-Device Recalls Linked to CEO’s Ownership Stake in the Company
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Medical-device recalls are delayed for all sorts of reasons. Is one of them how much stock the CEO owns in the company?

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Researchers found that the more stock a CEO owns in a company, the slower a medical-device recall tends to be.

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