@article{article_367474, title={THE DYNAMIC ASSOCIATION BETWEEN CEO-DUALITY AND BANK PERFORMANCE: THE MODERATING ROLE OF BOARD SIZE}, journal={Research Journal of Business and Management}, volume={4}, pages={460–468}, year={2017}, DOI={10.17261/Pressacademia.2017.754}, author={Isik, Ozcan}, keywords={CEO-duality,board size,corporate governance,commercial banks,Turkey}, abstract={<p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:.35pt;margin-left:-.25pt;line-height:103%;"> <b> <span style="font-size:8pt;line-height:103%;">Purpose - </span> </b> <span style="font-size:8pt;line-height:103%;">The aim of this study is to examine the association between CEO-duality and bank financial performance in Turkey. </span> </p> <p> </p> <p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:-.25pt;line-height:103%;"> <b> <span style="font-size:8pt;line-height:103%;">Methodology - </span> </b> <span style="font-size:8pt;line-height:103%;">All parameter estimates of regression models are based on the system GMM panel regression analyses. Our data covers all commercial banks operating in Turkish banking sector during the period 2007-2013. </span> </p> <p> </p> <p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:-.25pt;line-height:103%;"> <b> <span style="font-size:8pt;line-height:103%;">Findings - </span> </b> <span style="font-size:8pt;line-height:103%;">Our empirical results imply that CEO-duality has a significantly positive effect on bank financial performance measured by the ratio of net income to the average total assets. In addition, we find a negative moderating impact of board on the positive linkage between CEO-duality and bank performance. <b> </b> </span> </p> <p> </p> <p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:.0001pt;margin-left:-.25pt;line-height:103%;"> <b> <span style="font-size:8pt;line-height:103%;">Conclusion - </span> </b> <span style="font-size:8pt;line-height:103%;">It can be concluded that as the number of members of the board raises, the positive influence of CEO-duality decreases for Turkish banking sector in the analyzed period. <b> </b> </span> </p> <p> </p> <p> </p> <p class="MsoNormal" align="left" style="margin:0cm 0cm 2.35pt;text-indent:0cm;line-height:107%;"> <b> <span style="font-size:5pt;line-height:107%;">  </span> </b> </p> <p> </p>}, number={4}, publisher={Suat TEKER}