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Journal of Social Welfare and Management

Volume  8, Issue 3, Sept - Dec 2016, Pages 133-140
 

Original Article

Impact of CEO Duality on Financial Performance: A Study with Special Reference to Selected Listed Companies in BSE

Binoy Chacko*, Gireesh Kumar G.S.**

*Assistant Professor, St. Thomas College, Arunapuram, Pala, Kerala 686574. **Associate Professor, PG and Research, Department of Commerce, Nirmala College, Muvattupuzha, Kerala-685 661 (On Deputation as Director, Centre for Continuing Education Kera

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Abstract

 This study examines the relationship between the CEO duality and the financial performance of BSE listed companies in India. To accomplish this, data were sourced from the websites of 50 selected companies’. Simple random sampling is used for selecting sample unit and the study mainly depend on secondary data from published sources. CEO duality in a financial year (Annual report 2014) is taken as independent variable and Return on Asset, Earnings Per Share, Calculated ROA and Current Ratio were taken as dependent variables. It is found that there exists a negative relation between CEO duality and ROA and Calculated ROA but no significant relationship with other variables considered for the study.

Keywords: CEO Duality; Financial Performance; Board Composition; Corporate Governance.


Corresponding Author : Gireesh Kumar G.S.**