Want to Be a Better CEO? Live Closer to the Office - Bloomberg

2022-07-14 05:03:19 By : Ms. Jessica Chan

Bloomberg Daybreak Middle East. Live from Dubai, connecting Asian markets to the European opens. The show will focus on global macro issues with a middle eastern context, provide expert analysis of major market moving stories and speak with the biggest newsmakers in the region.

Perhaps best known for its annual Film Festival, Cannes is a city located on the French Riviera. Receiving some of the country's finest weather, the city is a vacation hotspot for creatives andartists alike. However, one such local's chance encounter with art took him down a totally unexpected career path – and he owes it all to skateboarding.

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Research by academics in Denmark found that chiefs who live in the vicinity of their workplace can improve the performance of their company.

Companies whose chiefs live within 5 kilometers (3 miles) of their headquarters report better workplace conditions and higher productivity, according to a recent paper based on data from Denmark.

The study by three academics looked at thousands of Danish firms and the locations of their chief executive officers. They quantified workplace quality by looking at “administrative remarks” for poor conditions filed by the Danish Working Environment Authority between 2008 to 2015, and used surveys of employees to get a sense of how they thought about where they worked.