We offer a new explanation for the relationship between CEO duality and firm performance that accounts for mangerial capabilities and succession planning. Our reinterpretation of findings by Worrell, Nemec and Davidson (1997) is consistent with the new explanation. We also make suggestions for futur
CEO duality, succession-planning and agency theory: research agenda
β Scribed by Wallace N. Davidson III; Dan L. Worrell; Carol Nemec
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 28 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0143-2095
No coin nor oath required. For personal study only.
β¦ Synopsis
In response to Harris and Helfat's commentary on our article, 'One hat too many: Key executive plurality and shareholder wealth,' we suggest that their arguments are quite plausible, but we believe further empirical tests are needed. These proposed tests are described in our response.
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