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- Proceed to the 'CEO duality' section. Indicate whether the CEO and Chairman of the Board roles are held by the same individual or separate individuals. This usually requires selecting a checkbox or entering a binary value.
- In the firm performance section, provide information regarding the metrics that reflect the firm's performance during the reporting period. This may involve entering financial ratios such as ROA (return on assets), ROE (return on equity), and any other relevant performance indicators.
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Therefore, the CEO's power and leadership – which can effectuate the board's knowledge and cognitive ability – is a salient issue. CEOs who are also board chairs have what is called “CEO duality,” which implies stronger CEO power, whereas non-duality reflects weaker CEO power (Finkelstein, 1992).
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