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CEO duality, succession, capabilities and agency theory: commentary and research agenda
Author(s) -
Harris Dawn,
Helfat Constance E.
Publication year - 1998
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/(sici)1097-0266(199809)19:9<901::aid-smj2>3.0.co;2-v
Subject(s) - reinterpretation , agency (philosophy) , duality (order theory) , succession planning , ecological succession , dual (grammatical number) , principal–agent problem , management , sociology , positive economics , neoclassical economics , economics , epistemology , business , social science , philosophy , mathematics , ecology , linguistics , corporate governance , discrete mathematics , biology , aesthetics
We offer a new explanation for the relationship between CEO duality and firm performance that accounts for managerial capabilities and succession planning. Our reinterpretation of findings by Worrell, Nemec and Davidson (1997) is consistent with the new explanation. We also make suggestions for future research. © 1998 John Wiley & Sons, Ltd.