CEO duality and firm performance Evidence from an exogenous shock to the competitive environment

Regulators and governance activists are pressuring firms to abolish CEO duality (the Chief Executive Officer is also the Chairman of the Board). However, the literature provides mixed evidence on the relation between CEO duality and firm performance. Using the exogenous shock of the 1989 Canada–Unit...

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Journal Title: Journal of banking & finance Vol. 49; pp. 534 - 552
Authors: Tina Yang, Shan Zhao
Format: Article
Published: Dec 2014