Navigation Links
Summer Babies Less Likely to Be CEOs, Study Contends

FRIDAY, Nov. 2 (HealthDay News) -- People's success later in life may be influenced by the time of year in which they were born, according to a new study.

Researchers from the University of British Columbia, in Vancouver, found that babies born in the summer are less likely to make it to the top of the corporate ladder and become CEOs.

After examining a group of 375 CEOs of S&P 500 companies between 1992 and 2009, the researchers found that only 6.1 percent were born in June and 5.9 percent were born in July. In contrast, 12.5 percent of the CEOs had March birthdays and 10.7 percent were born in April.

Due to cut-off dates for school admission in the United States, children born in June and July often are the youngest in their class, while those with spring birthdays often are the oldest, the researchers pointed out.

"Our findings indicate that summer babies underperform in the ranks of CEOs as a result of the 'birth-date effect,' a phenomenon resulting from the way children are grouped by age in school," the study's co-author, Maurice Levi, professor of international finance at the University of British Columbia, said in a university news release.

"Older children within the same grade tend to do better than the youngest, who are less intellectually developed," Levi said. "Early success is often rewarded with leadership roles and enriched learning opportunities, leading to future advantages that are magnified throughout life."

The researchers said their findings suggest that the way the U.S. education system groups students by age could affect their later success in life.

"We could be excluding some of the business world's best talent simply by enrolling them in school too early," Levi said.

Although the study, which is scheduled for publication in the December issue of the journal Economics Letters, found an association between birth dates and corporate success, it did not prove a cause-and-effect relationship.

More information

The American Academy of Pediatrics provides information for parents on how to know if their child is ready for school.

-- Mary Elizabeth Dallas

SOURCE: University of British Columbia, news release, October 2012

Copyright©2012 ScoutNews,LLC.
All rights reserved

Related medicine news :

1. Wilderness Medicine founder offers health tips for summer season
2. Shape Up, Safely, for Summer
3. Summers Heat May Enflame Hives
4. High Schoolers Can 'Smile' While Exploring Dental Careers at Summer Camp in Maine
5. Steffi Nossen School of Dance Gears Up for Summer with Exciting Programming for All Ages
6. Hot Fitness Trends for Summer of 2012
7. New Electronic Cigarette Cartridges From V2Cigs For The Summer
8. Summer Breathes Breath of Fresh Air to Back2Basics Outdoor Adventure Program
9. New Plants from Hines Growers Add Firework Colors to Fourth of July Celebrations and Summer Fun
10. Summertime Is Tonsillectomy Time
11. Maintain Heart Health During Summer
Post Your Comments:
(Date:6/26/2016)... ... 2016 , ... PawPaws brand pet supplements owned by Whole Health ... the health of felines. The formula is all-natural and is made from Chinese herbs ... Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract and Rehmannia ...
(Date:6/25/2016)... ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library on June ... , brings up a new, often overlooked aspect of head lice: the parasite’s ability to ... is not a common occurrence, but a necessary one in the event that lice have ...
(Date:6/25/2016)... ... ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department of Health and ... their exemplary accomplishments in worksite health promotion. , The Wellness at Work Awards took ... the BWI Marriott in Linthicum Heights. iHire was one of 42 businesses to receive ...
(Date:6/24/2016)... ... ... was in a crisis. Her son James, eight, was out of control. Prone to extreme ... “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there was ... other children and say he was going to kill them. If we were driving ...
(Date:6/24/2016)... ... 2016 , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ... raise to $12 an hour by 2020 and then adjusting it yearly to increase at ... the minimum wage, assure the wage floor does not erode again, and make future increases ...
Breaking Medicine News(10 mins):
(Date:6/26/2016)... 2016 Story Highlights: ... within the health care industry is causing providers to ... , Deloitte offers a suite of solutions for health ... efficient cost optimization: labor resource analysis, revenue cycle optimization ... better outcomes and better economics ...
(Date:6/24/2016)... 2016   Bay Area Lyme Foundation , ... Center for Tick Borne Illness , Harvard Medical ... Hacking Medicine, University of California, Berkeley, and the ... five finalists of Lyme Innovation , the ... 100 scientists, clinicians, researchers, entrepreneurs, and investors from ...
(Date:6/24/2016)... -- Dehaier Medical Systems Ltd. (NASDAQ: DHRM ... sells medical devices and wearable sleep respiratory products in ... agreement with Hongyuan Supply Chain Management Co., Ltd. (hereinafter ... 2016, to develop Dehaier,s new Internet medical technology business. ... leverage Hongyuan Supply Chain,s sales platform to reach Dehaier,s ...
Breaking Medicine Technology: