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Ownership Matters: How Family Control Affects the Value of Board Chair Types After CEO Successions

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Journal of Management

Published online on

Abstract

Journal of Management, Volume 52, Issue 5, Page 1876-1906, May 2026.
This study examines the performance consequences of Chief Executive Officer (CEO) successions, focusing on the types of board chairs and firm ownership structures. While CEO successions can bring adaptation benefits and performance gains through strategic ...