schmid, Markus M.; Zimmermann, Heinz - In: Schmalenbach Business Review (sbr) 60 (2008) 2, pp. 182-204
We investigate the valuation effects of leadership structure in Switzerland where, in contrast to the u.s., a separation of the ceO and chairman functions is common. Consistent with the majority of prior research focusing on the u.s., we find no evidence of a systematic and significant...