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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Medical-device recalls are delayed for all sorts of reasons. Is one of them how much stock the CEO owns in the company?

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Researchers also found that the longer the delay, the bigger the penalty in the stock market

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines