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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business

For the past several years, Wells Fargo has been run by MBAs, while Bank of America’s CEO since 2010, Brian Moynihan, has a law degree from Notre Dame. We did not observe an obvious selection bias in which industries hired lawyer CEOs. Lawyers were much less aggressive in accrual accounting relative to industry levels.

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Where Trump Does (and Doesn’t) Have Leverage with China

Harvard Business

has created no net new jobs for those whose highest educational level is a high-school degree (or less) since the job market bottomed out in 2010, but it has created 4 million jobs for people with a bachelor’s degree. service industries like higher education, publishing, design, and consulting. But the lower end of U.S.