Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/63823
Title: CEO duality and firm performance in the U.S. restaurant industry : moderating role of restaurant type
Authors: Denizci Guillet, B 
Seo, K
Kucukusta, D 
Lee, S
Keywords: CEO duality
Restaurant type
Stewardship theory
Restaurant industry
Firm performance
Issue Date: 2013
Publisher: Pergamon Press
Source: International journal of hospitality management, 2013, v. 33, p. 339-346 How to cite?
Journal: International journal of hospitality management 
Abstract: This study explores the influences of CEOs’ dual roles (CEO duality) on firm performance, specifically in the U.S. restaurant context based on the stewardship theory. The study's preliminary examination investigates the main effect of CEO duality on restaurants’ financial performances. Next, the research tests the primary hypothesis of a moderating effect of restaurant type on the relationship between CEO duality and firm performance. More specifically, this study proposes that CEO duality has greater positive effects for full-service restaurants than quick-service restaurants. Findings of this study suggest that CEO duality, in general, contributes to restaurants’ improving performances and also support the proposed moderating effect on the relationship between CEO duality and firm performance. By incorporating the restaurant industry's idiosyncratic characteristics into the CEO duality argument and the restaurant type into the model, this study makes unique contributions to the general governance literature.
URI: http://hdl.handle.net/10397/63823
ISSN: 0278-4319
EISSN: 1873-4693
DOI: 10.1016/j.ijhm.2012.10.004
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