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Chief Executive Officer Duality And Financial Performance of Firms In Nigeria

Author

Listed:
  • 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.)

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.

Suggested Citation

  • Dominic Ose Erah & Eyenubo Samuel & Famous Izedonmi, 2012. "Chief Executive Officer Duality And Financial Performance of Firms In Nigeria," International Journal of Business and Social Research, LAR Center Press, vol. 2(6), pages 125-134, November.
    • Handle: RePEc:lrc:larijb:v:2:y:2012:i:6:p:125-134
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    References listed on IDEAS

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    Cited by:

    1. Yahya Uthman Abdullahi & Rokiah Ishak & Norfaiezah Sawandi, 2018. "Outsider vs insider: Does firm governance matter?," Business and Economic Horizons (BEH), Prague Development Center, vol. 14(3), pages 689-699, June.
    2. Omar Farooque & Wonlop Buachoom & Nam Hoang, 2019. "Interactive effects of executive compensation, firm performance and corporate governance: Evidence from an Asian market," Asia Pacific Journal of Management, Springer, vol. 36(4), pages 1111-1164, December.

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