► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Andrew Hill and Brooke Masters discuss how, according to a study, the appointment of a chief executive can undermine shareholder value.
► FT World News: http://bit.ly/1Exp0iJ
► FT Business: http://bit.ly/1KUK08s
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes