What is it about?

This study addresses the questions of “How” and “When” CEO duality affects firm performance from a developing country’s perspective. To address the research question, CEO duality serves as an explanatory variable, board effectiveness as a mediator, CEO personal characteristics as moderator, firm-specific characteristics as control, and performance indicators as a dependent variable.

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Why is it important?

The current study explores the mediating role of the board effectiveness as well as moderating role of the CEO personal attributes, together on a duality-performance link employing Pakistan’s corporate data. The findings suggest that policymakers and regulators ensure separation of power between Chairman and CEO to assure transparency through induction of more independence in the board room.


Investigation of mediating role of the board effectiveness in combination with, the moderating role of CEO's personal attributes on a duality-performance link taking Pakistani firms as a sample, is a unique idea that would help policymakers and regulators to make amendments in existing policies and procedures for board independence.

Fizzah Malik
Xi'an Jiaotong University

Read the Original

This page is a summary of: “How” and “When” CEO Duality Matter? Case of a Developing Economy, SAGE Open, July 2022, SAGE Publications,
DOI: 10.1177/21582440221116113.
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