# Visiting Prof. Pankaj Ghemawat's research on Fortune 500 CEOs is cited

1 Faculty News May 10, 2014>

Excerpt from [The Economist](http://www.economist.com/news/business/21601889-leaders-western-companies-are-less-globally-minded-they-think-they-are-bumpkin-bosses) -- "[Pankaj Ghemawat](http://www.stern.nyu.edu/faculty/bio/pankaj-ghemawat), of Spain’s IESE and NYU’s Stern business schools, calculates that only 12% of the world’s Fortune Global 500—the largest corporations by revenue—are led by a CEO who hails from a country other than the one in which the company is headquartered."

[Read more](http://www.economist.com/news/business/21601889-leaders-western-companies-are-less-globally-minded-they-think-they-are-bumpkin-bosses)