University of Macau Library

Author: Wu, Shukun; Wang, Hongtao; Xi, Youmin
Title: CEO duality analysis in Chinese public companies
Journal Name: Euro Asia Journal of Management
Pub. Info: Jul. 1999, No.18, pp. 7-21
Abstract: Paragraph Headings: 1. Introduction 2. Arguments among theories about whether chairman and CEO should be separated 2.1. Hypothesis of CEO duality based on principal-agent theory 2.2. Hypothesis of CEO duality based on modern stewardship theory 2.3. Hypothesis of "uncertainty environment" based on resource dependence theory 3. Empirical analysis of CEO duality in Chinese public companies 3.1. Descriptions and hypotheses of CEO duality of Chinese public companies 3.2. Solving the model 3.3. Solutions of the model and analysis of the solutions 4. Conclusions Tables: 1. Structure od shareholding and structure of capital of the stock companies (average value) unit: Renminbi yuan 2. Constitution of board of directors and board of supervisor (average value) 3. Shares held by the board of directors and board of supervisors (average value) 4. Performance of companies (average value) 5. Comparison of two sub-sample's variances on each index 6. Results of analyses of variances 7. Kruskal-walls non parametric test of each sample of the population 8. M-W-W test and Kruskal-wallis non-parametric test of NPR in dimensions of environment