Which of the Following Is True Regarding CEO Duality

question 40

Short Answer

Which of the following is true regarding CEO duality?
a. From an agency theory standpoint, if the board is to supervise agents such as the CEO, it seems imperative that the board be chaired by the same individual.
b. In US firms with CEO duality, the trend now is to appoint a lead independent director, who chairs the sessions held by outside directors that do not involve company executives.
c. A corporation led by two top leaders-a board chairman and a CEO - will at least have unity of command and experience less top-level conflict.
d. East Asia and Latin America where most firms have concentrated family ownership and control, there is less CEO duality.
e. Firms around the world are being pressured to combine the two top jobs.

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Definitions:

Discrete

Refers to a type of quantitative variable that can assume a countable number of distinct values, often representing categories or counts.

Random Variable

A random phenomenon's numerical outcomes manifested in a variable.

Discrete Random

Refers to a type of random variable that can take on a countable number of distinct values, such as whole numbers, but not fractions.

Number Of Customers

The total count of individuals or entities that purchase or use a company's products or services.