The DOI matches its Crossref record.
The Case for Separating the Roles of Chairman and CEO: An Analysis of Stock Market and Accounting Data
Abstract
This UK study investigates whether the stock market prefers companies to award the positions of chairman and chief executive officer to two different people instead of permitting a single individual, the ‘dual CEO', to combine them. The results suggest (a) that the market responds favourably to the separation of the two roles and unfavourably to their fusion and (b) that the accounting performance of companies which adopt a ‘dual CEO’ appears to decline subsequent to this change.
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Citations
Cited by
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Kouaib, A., & Amara, I. (2022) · Journal of Risk and Financial Management · doi:10.3390/jrfm15110495 · Cited by 31
Metadata
- Authors
- Dahya, J., Lonie, A. A., & Power, D. M.
- Venue
- Corporate Governance: An International Review
- Publisher
- Wiley
- Published
- 1996-04
- Volume
- 4
- Issue
- 2
- Pages
- 71-77
- ISSN
- 0964-8410 (ISSN-L)
- 1467-8683
- OpenAlex
- W1984878551
- Cited by
- 213
- References
- 0
- FWCI
- 0.00
- Type
- journal article
- Language
- en
- Open access
- closed
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How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
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- CoChat. (2026). Citation check: The Case for Separating the Roles of Chairman and CEO: An Analysis of Stock Market and Accounting Data. https://app.cochat.ai/papers/10.1111/j.1467-8683.1996.tb00136.x
- The paper
- Dahya, J., Lonie, A. A., & Power, D. M. (1996). The Case for Separating the Roles of Chairman and CEO: An Analysis of Stock Market and Accounting Data. Corporate Governance: An International Review. https://doi.org/10.1111/j.1467-8683.1996.tb00136.x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.