Swiss firms thrive with separate CEO and chairman roles, boosting valuation
The article explores whether it is better for a company's CEO to also be the chairman of the board or if these roles should be separate. The researchers studied Swiss companies where the CEO and chairman roles are usually separate. They found that there is no clear difference in the value of firms based on whether these roles are combined or separate. They also discovered that firms with better corporate governance practices tend to have higher valuations. This suggests that having good governance in place can positively impact a company's value.