# Prof. David Yermack's research on the connection between CEO vacation and stock returns is featured

1 Faculty News December 18, 2014 ![Strategy and Business logo](/sites/default/files/styles/246w/public/assets/images/con_032862.jpg?itok=iS64SU8w)>

Excerpt from [strategy + business](http://www.strategy-business.com/blog/Why-a-CEOs-Trip-to-the-Bahamas-Could-Be-Good-for-Business?gko=2df41) -- "Overall, the findings suggest that a CEO’s vacation activity—although perhaps not the most obvious metric—convincingly contributes to and reflects a company’s fortunes, and provides a novel way for investors and competitors to gauge a particular firm’s short-term outlook."

[Read more](http://www.strategy-business.com/blog/Why-a-CEOs-Trip-to-the-Bahamas-Could-Be-Good-for-Business?gko=2df41)