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Financial performance in organizations: Analysis from the general management chairman

Abstract:

The purpose of this study was to investigate the effect of the Chief Executive Officer (CEO) Chairman Duality on the financial performance of Ecuadorian companies. The research has a deductive logic, quantitative approach, non-experimental design, correlational scope and primary and secondary data sources. For the verification of the general hypothesis of the model, multiple regression statistics, data adjustment and VIF test were applied to evaluate the multicollinearity; from a sample of 343 CEOs with a confidence level of 95% and a margin of error of 5%. The findings indicated that CEO Duality is not positively related to financial performance (ROA), however, it was noted that other variables such as indebtedness were significant to explain the financial performance in models one and two and the staff was significant in explaining financial performance in model one.