# Prof. David Yermack's research on company private jets is mentioned

1 Faculty News March 30, 2014 ![The Gobe and Mail logo](/sites/default/files/styles/246w/public/assets/images/con_030719.jpg?itok=syM8EjNA)>

Excerpt from [The Globe and Mail](http://www.theglobeandmail.com/report-on-business/careers/management/curb-your-irksome-e-mail-ways/article17680942/) -- "Companies with corporate jets underperform market benchmarks for average shareholder return by 4 per cent, New York University Professor [David Yermack](http://www.stern.nyu.edu/faculty/bio/david-yermack) found. One interesting tidbit in the study, Bryant University Professor Michael Roberto notes, is that companies with jets also tend to have CEOs with long-distance golf club memberships."

[Read more](http://www.theglobeandmail.com/report-on-business/careers/management/curb-your-irksome-e-mail-ways/article17680942/)

Additional coverage appeared on [The Huffington Post](http://www.huffingtonpost.com/julie-fox-gorte/fire-ready-aim-the-buddin_b_5086001.html).