The Relationship Between CEO Duality and Business Firms' Performance : The Moderating Role of Firm Size and Corporate Social Responsibility

Copyright © 2021 Mubeen, Han, Abbas, Álvarez-Otero and Sial..

This study focuses on exploring the relationship between chief executive officer (CEO) duality and firm performance. We focus on how the size and corporate social responsibility (CSR) of firms moderate this relationship. In terms of size, business organizations are of two types: small and large firms. This study uses datasets of listed Chinese business firms included in the China Stock Market and Accounting Research database. It employs a generalized method of moment's technique to explore the connection between CEO duality and the performance of Chinese business firms through double mediation effects. Our empirical analysis showed that CEO duality has a significant negative relationship with firm performance. We also explored the moderating effects of firm size (small and large) and CSR practices on the relationship between CEO duality and improved performance of Chinese firms. Large firms and CSR practices showed significant and positive moderating effects on the relationship between CEO duality and firm performance. Conversely, with CEO duality, small firms showed a negative moderating influence on firm performance. This inclusive model provides valuable insights into how the dual role of the CEO of a firm affected the performance of Chinese firms through the moderating role of CSR practices and firm size for better business performance. The study offers empirical and theoretical contributions to the corporate governance literature. This research framework might help researchers in designing robust strategies to evaluate the effects on firm performance. Researchers may gain helpful insights using this methodology.

Medienart:

E-Artikel

Erscheinungsjahr:

2021

Erschienen:

2021

Enthalten in:

Zur Gesamtaufnahme - volume:12

Enthalten in:

Frontiers in psychology - 12(2021) vom: 31., Seite 669715

Sprache:

Englisch

Beteiligte Personen:

Mubeen, Riaqa [VerfasserIn]
Han, Dongping [VerfasserIn]
Abbas, Jaffar [VerfasserIn]
Álvarez-Otero, Susana [VerfasserIn]
Sial, Muhammad Safdar [VerfasserIn]

Links:

Volltext

Themen:

Board of directors
CEO duality
Corporate social responsibility
Firm performance
Firm size
Journal Article

Anmerkungen:

Date Revised 02.11.2023

published: Electronic-eCollection

Citation Status PubMed-not-MEDLINE

doi:

10.3389/fpsyg.2021.669715

funding:

Förderinstitution / Projekttitel:

PPN (Katalog-ID):

NLM335701620