CEO duality, succession, capabilities and agency theory: commentary and research agenda

Dawn A. Harris · Constance E. Helfat

135 citations0/0 files storedStrategic Management Journal

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Corporate Finance and Governance Human Resource and Talent Management Family Business Performance and Succession

Abstract

We offer a new explanation for the relationship between CEO duality and firm performance that accounts for managerial capabilities and succession planning. Our reinterpretation of findings by Worrell, Nemec and Davidson (1997) is consistent with the new explanation. We also make suggestions for future research. © 1998 John Wiley & Sons, Ltd.

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