CHIEF EXECUTIVE OFFICER TENURE AND FIRM VALUE OF QUOTED MANUFACTURING FIRMS IN NIGERIA

CHIEF EXECUTIVE OFFICER TENURE AND FIRM VALUE OF QUOTED MANUFACTURING FIRMS IN NIGERIA


1,470 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
Department: accounting project topics | Type: Project Topics | Project Topics and Materials | List of Project Topics | Research Project Materials | Journals | Thesis | Articles | Online Project Materials | Business Plan | Final year project topic | Format: Ms Word and PDF | Attribute: Documentation Only | Pages: 92 Pages | Chapters: Complete Research work from Chapter 1 to 5; All chapters | Inclusive: Abstract, Preliminary Pages, Table of Contents and Appendices | Cost: ₦ 5,000.00


CHIEF EXECUTIVE OFFICER TENURE AND FIRM VALUE OF QUOTED MANUFACTURING FIRMS IN NIGERIA

PROJECT TOPICS AND MATERIALS ON CHIEF EXECUTIVE OFFICER TENURE AND FIRM VALUE OF QUOTED MANUFACTURING FIRMS IN NIGERIA


CHAPTER ONE

INTRODUCTION

Background of the study

In a typical corporate setting, a CEO is analogous to the captain of a ship with ultimate authority vested in him by the board of directors of the firm. During the period he heads the firm, it is expected that he would render his services as a fiduciary of the shareholders. By virtue of being in the role of a fiduciary, he would be expected to take wise decisions which benefits the firm in long/short term and the stakeholders of the firm become well off. As per Hambrick and Fukutomi (1991) paradigm of CEO tenure seasons, the temporal characteristics associated with CEO tenure can affect firm performance. Primarily, the paradigm is based on the premise that‘there are discernible phases, or seasons, within an executive’s tenure in a position, and those seasons give rise to distinct patterns of executive attention, behavior, and ultimately, organizational performance’. Depending on the CEO’s life cycle seasons, CEO tenure can have both positive and negative effects on firm performance (Miller and Shamsie, 2001). For most of the jobs there is a tenure during which an individual is most productive. In the corporate world, a CEO is appointed by the board of directors, who in turn is elected by the owners (shareholders) of the firm (Agrawal and Knoeber, 1996), to render his services as the head of the management team to steer the company towards its objective (which in most cases is implicitly assumed to be the shareholder wealth maximization SWM1) by increasing the market price of outstanding shares, however a company can be registered for any legal objective like customer satisfaction, profit maximization, generating employment, manufacture good quality products etc. not to mention SWM may be one of them. A CEO gets to utilize the resources (human and materials) of the company and has the decision making authority over them by the virtue of the power vested in him by the owners of the company. The CEO, in consultation with his executives is expected to make decisions in the best interest of the company, decisions that would send positive signals to the market, existing and potential investors about the future of the company. There are incidences where CEOs did admit that quitting was indeed a good idea after a certain time period because they virtually ran out of ideas and it was befitting in the interest of the firm and its stakeholders to appoint someone else as the new CEO rather than continuing with them. CEO tenure, unlike some public sector executive job does not have a pre-defined age of retirement. A CEO gets appointed and reappointed by the board based on his merits, which is the reason that there are examples of CEO tenures ranging from a few months to close to 50 years.

Statement of the problem The current global national economy realities indicates that the corporate economy environment is becoming harsher, competition is getting tougher coupled with the increasingly complex demands of the various stakeholders. Due to the above facts several manufacturing firms have gone down in their value; Some as a result of inexperienced Chief executive officer (CEOs) who acts as head of management. In recent years, there has been a debate in both the business press and among legal scholars about the usefulness of term limits for chief executive officers (CEOs) of manufacturing firms in Nigeria. At the heart of this debate is the question whether an optimal CEO tenure exists. To answer this question requires an understanding of the costs and benefits that arise over a CEO’s time in office as well as the determinants of this cost-benefit relation. This study, examines the relation between CEO tenure and firm value to address these issues. Results improve our understanding of why and to which extent CEOs tenure matters.


Objectives of the study

The major purpose of this study is to examine the usefulness of term limits for chief executive officers (CEOs). Specifically this study aims to achieve the following objectives; To examine the relationship between CEO tenure and profitability of manufacturing firms in Nigeria. To investigate the relationship between CEO tenure and Return on asset of manufacturing firms in Nigeria.


1.4 Research questions

The following research questions were developed to guide the researcher in achieving the objectives of this study; What is the relationship between CEO tenure and profitability of manufacturing firms in Nigeria? Ii What is the relationship between CEO tenure and Return on asset of manufacturing firms in Nigeria?

DOWNLOAD COMPLETE WORK FOR CHIEF EXECUTIVE OFFICER TENURE AND FIRM VALUE OF QUOTED MANUFACTURING FIRMS IN NIGERIA


Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@researchcub.info with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for chief executive officer tenure and firm value of quoted manufacturing firms in nigeria:
Reviews: A Review on chief executive officer tenure and firm value of quoted manufacturing firms in nigeria, chief, executive, officer project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
In a typical corporate setting, a CEO is analogous to the captain of a ship with ultimate authority vested in him by the board of directors of the firm. During the period he heads the firm, it is expected that he would render his services as a fiduciary of the shareholders. By virtue of being in the role of a fiduciary, he would be expected to take wise decisions which benefits the firm in long/short term and the stakeholders of the firm become well off. As per Hambrick and Fukutomi (1991) paradigm of CEO tenure seasons, the temporal characteristics associated with CEO tenure can affect firm performance. Primarily, the paradigm is based on the premise that‘there are discernible phases, or seasons, within an executive’s tenure in a position, and those seasons give rise to distinct patterns of executive attention, behavior, and ultimately, organizational performance’. Depending on the CEO’s life cycle seasons, CEO tenure can have both positive and negative effects on firm performance (Miller and Shamsie, 2001). For most of the jobs there is a tenure during which an individual is most productive. In the corporate world, a CEO is appointed by the board of directors, who in turn is elected by the owners (shareholders) of the firm (Agrawal and Knoeber, 1996), to render his services as the head of the management team to steer the company towards its objective (which in most cases is implicitly assumed to be the shareholder wealth maximization SWM1) by increasing the market price of .. accounting project topics

CHIEF EXECUTIVE OFFICER TENURE AND FIRM VALUE OF QUOTED MANUFACTURING FIRMS IN NIGERIA

Project Information

Share Links

Download Post (MsWord)
Download Post (PDF)

Search for Project Topics

Project topics in Departments

How much does it cost to hire a writer in Nigeria?

Looking for Professional Approach and Quality Research Services ?

Estimating the cost of research writing in Nigeria: Freelance writers in Nigeria may charge depending on the project, depending on the factors mentioned earlier. Plagiarism-focused content may be on the higher end of this range due to the additional skills and research involved. For a more accurate estimate, it's recommended to reach out with us, discuss your specific requirements, and request a quote based on the scope of your project. Prices can vary, so getting personalized quotes will help you determine the cost more precisely.