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Media type:
E-Article
Title:
CEO duality and firm performance: A contingency model
Contributor:
Boyd, Brian K.
Published:
Wiley, 1995
Published in:
Strategic Management Journal, 16 (1995) 4, Seite 301-312
Language:
English
DOI:
10.1002/smj.4250160404
ISSN:
0143-2095;
1097-0266
Origination:
Footnote:
Description:
AbstractSeveral studies have addressed the CEO duality‐performance relationship, with inconsistent results. This paper proposes that these inconsistencies can be resolved by integrating agency and stewardship perspectives on duality. Using data from 192 firms in 12 industries, both the direction and magnitude of the duality‐performance relationship was found to vary systematically across Dess and Beard's (1984) environmental dimensions. These results provide partial support for both agency and stewardship perspectives.