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total-shareholder-return

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ericyoc / sp500_celebrity_index

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Empirical replication of Yocam (2008) DBA dissertation — Celebrity board directors and shareholder wealth maximization across S&P 500 companies (2020–2025). Celebrity Index returned 163.9% vs 65.1% S&P 500 over 5 years.

quantitative-finance financial-analysis ols-regression wikimedia-api corporate-governance sp500 business-administration shareholder-wealth board-of-directors celebrity-directors tobin-q total-shareholder-return dissertation-replication
  • Updated Apr 14, 2026
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