CEOs who fly private planes for a hobby bring their daredevil ways to the companies they head, according to a new study by UO finance professor Stephen McKeon, who just joined the Lundquist College faculty. After comparing 179 CEO pilots with nearly 3,000 nonpilots, McKeon and coauthor Matthew D. Cain, University of Notre Dame, determined that CEOs who fly on the side take on more debt, make more acquisitions, and produce greater stock return volatility. What's more, these high-flying CEOs "also tend to be effective leaders," according to McKeon. The study has gained national attention, and has been featured in the Wall Street Journal, SmartMoney, Forbes, and others. Read more. UPDATE: See McKeon discuss his work on Fox Business News.