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:11/27/2015)... ... , ... CBD College is proud to announce that on November ... to its Diagnostic Medical Sonography program. CBD College is honored to join this very ... and universities in the state of California make the cut. CBD College is officially ...
(Date:11/26/2015)... ... November 26, 2015 , ... Patients at ... Michigan, have come together on Thanksgiving Day to share the things that they ... on the Serenity Point YouTube channel, patients displayed what they wrote on index ...
(Date:11/26/2015)... ... November 26, 2015 , ... Jobs in hospital medical laboratories and in ... by healthcare staffing agency Aureus Medical Group . These fields, as ... among those searching for healthcare jobs through the company’s website, , ...
(Date:11/26/2015)... ... ... Indosoft Inc., developer and distributor of the world-class Asterisk based contact center ... reliability. , The new Q-Suite 6 platform is based on the latest Java Enterprise ... a specific piece of software for many key components of the suite. Much of ...
(Date:11/25/2015)... ... November 25, 2015 , ... ... been recognized once again for its stellar workplace culture with the company’s Cincinnati ... , Medical Solutions’ Cincinnati office was named a finalist in Cincinnati Business ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... Carolina , 26 november 2015 /PRNewswire/ ... (AAIPharma/CML) kondigt de geplande investering aan van ... van de laboratoria en het mondiale hoofdkantoor ... De uitbreiding zal resulteren in extra kantoorruimte ... voldaan aan de groeiende behoeften van de ...
(Date:11/26/2015)... STOCKHOLM , November 26, 2015 ... the potential to use SyMRI to find optimal contrast weighting ... brain tumor metastases, and has signed a research agreement with ... at the hospital. Using SyMRI, it is possible to generate ... parameter settings after the patient has left, thus making it ...
(Date:11/26/2015)... -- Research and Markets ( ) has ... Horizons and Growth Strategies in the Japanese Therapeutic ... Forecasts, Competitive Intelligence, Emerging Opportunities" report to ... --> This new 247-page report provides ... monitoring market, including emerging tests, technologies, instrumentation, sales ...
Breaking Medicine Technology: