Study on CEO Duality and Corporate Governance of Companies Listed in Bucharest Stock Exchange
Journal Title: Revista Romana de Statistica - Year 2013, Vol 61, Issue 2
Abstract
This study examines an important relationship between CEO duality and corporate governance. There are several aspects and dimensions of corporate governance, which may influence a CEO Duality but this study focused on two aspects namely Board’s size (Bsize) and Board’s Independence (Bind). In this paper, log of total assets (Size) and total debt divided by total assets (Leverage) are control variables. Results based on the data collected from the annual reports in 2010, indicate that CEO duality is negatively associated with board’s independence and board’s size. The results show has a positive and significant relationship size of firm and CEO Duality. Also, there is no relationship between Leverage and CEO Duality.
Authors and Affiliations
Georgeta VINTILǍ, Floriniţa DUCA
Keywords
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