Chief Executive Officer Duality And Financial Performance of Firms In Nigeria

Authors

  • Dominic Ose Erah (B.Sc, M.Sc) 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

DOI:

https://doi.org/10.18533/ijbsr.v2i6.227

Keywords:

CEO Duality, Financial Performance, Board Size, Corporate Governance.

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.

Downloads

Issue

Vol. 2 No. 6 (2012): November

Section

Article

License

Authors who publish with this journal agree to the following terms:

  • Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  • Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  • Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).