A Discussion of the Suitability of Only One vs More than One Theory for Depicting Corporate Governance

@inproceedings{Mamun2013ADO,
  title={A Discussion of the Suitability of Only One vs More than One Theory for Depicting Corporate Governance},
  author={Abdullah Al Mamun and Qaiser Rafique Yasser and Md. Ashikur Rahman},
  year={2013}
}
Agency theory predicts that the Chief Executive Officer (CEO) and the chairman positions should be held by different individuals in order to protect shareholder’s interest. Though there are mixed evidences on CEO duality and firm performance, most research have found that there is negative relationship between CEO duality and firm performance. Although, in the last decades of the twentieth century, agency theory became the dominant force in the theoretical understanding of corporate governance… CONTINUE READING