Original paper

Self-selection, endogeneity, and the relationship between CEO duality and firm performance

Volume: 30, Issue: 10, Pages: 1092 - 1112
Published: Mar 30, 2009
Abstract
This study focuses explicitly on the methodological implications of the endogenous theory of governance as applied to firm performance. In particular, if firms choose their governance structures as part of a constrained performance maximization process, then application of an appropriate empirical methodology should reveal statistical evidence of such behavior. In this study we take advantage of the endogenous switching regression model...
Paper Details
Title
Self-selection, endogeneity, and the relationship between CEO duality and firm performance
Published Date
Mar 30, 2009
Volume
30
Issue
10
Pages
1092 - 1112
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