Question

In examining the question of whether the roles of CEO and chairman should be combined, empirical research on this question suggests

A) that combining these roles is always positively related with firm performance.

B) that separating these roles is always positively related with firm performance.

C) that combining these roles is positively correlated with firm performance when the firm operates in slow-growth and simple competitive environments.

D) that separating these roles is positively correlated with firm performance when the firm operates in slow-growth and simple competitive environments.

Answer

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