Chief Executive Officer Duality And Financial Performance of Firms In Nigeria

Dominic Ose Erah, Eyenubo Samuel and Famous Izedonmi
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Dominic Ose Erah: Lecturer, Department of Accounting, Faculty of Management Sciences, University of Benin, Benin City
Eyenubo Samuel: Department of Accounting and Finance, Delta State University, Abraka
Famous Izedonmi: Co-odinator of Post Graduate Programmes, Department of Accounting, Faculty of Management Sciences, University of Benin, Benin City.

International Journal of Business and Social Research, 2012, vol. 2, issue 6, 125-134

Abstract: the work is centred on CEO Duality and Financial Performance of Firms in Nigeria. The objective of the study is to find out the relationship between CEO Duality and the Financial Performance of Firm. We adopted the use of secondary data from the Nigerian Stock Exchange Fact book drawn from various industries during the period 2001 – 2010 and the regression analysis with its Best Linear Unbiased Estimate (BLUES) was employed to test our hypothesis. The findings of the study revealed that CEO Duality is harmful to the Financial Performance of a firm. The study proffered useful recommendations, which when implemented will help improve financial performance of firms in Nigeria.

Keywords: CEO Duality; Financial Performance; Board Size; Corporate Governance. (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:mir:mirbus:v:2:y:2012:i:6:p:125-134

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