CEO DUALITY AND FIRM PERFORMANCE - A CONTINGENCY-MODEL

被引:612
作者
BOYD, BK
机构
[1] College of Business and Public Administration, Old Dominion University, Norfolk, Virginia
关键词
BOARDS OF DIRECTORS; CHIEF EXECUTIVE OFFICERS; AGENCY THEORY; STRATEGY IMPLEMENTATION;
D O I
10.1002/smj.4250160404
中图分类号
F [经济];
学科分类号
02 ;
摘要
Several 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.
引用
收藏
页码:301 / 312
页数:12
相关论文
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