CEO Duality Refers To

question 87

Multiple Choice

CEO duality refers to:

• A) firms where there is both a president and a CEO.
• B) CEOs who sit on the board of directors of other firms.
• C) CEOs who hold office in more than one company.
• D) the situation where the CEO is also chairperson of the board of directors.

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Definitions:

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, often with set dividend payments.

Common Shares Outstanding

The total number of shares of common stock currently held by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.