# Prof. David Yermack's research on CEO vacations is highlighted

1 Faculty News July 30, 2014 ![Forbes logo](/sites/default/files/styles/246w/public/assets/images/con_030508.jpg?itok=SId6k3bx)>

Excerpt from [Forbes](http://www.forbes.com/sites/liyanchen/2014/07/30/how-to-profit-from-your-ceos-vacation-in-one-chart/) -- "Through examining the timing of company news and CEO’s absences from its headquarters, [Yermack](http://www.stern.nyu.edu/faculty/bio/david-yermack) found that companies’ news frequency level is significantly lower when the CEOs are out of office for vacations. Therefore investors can get valuable signals about upcoming news events by tracking down the company’s corporate jet record and the chief executive’s vacation plan."

[Read more](http://www.forbes.com/sites/liyanchen/2014/07/30/how-to-profit-from-your-ceos-vacation-in-one-chart/)