In choosing sides concerning CEO duality, two schools of thought exist. Which of the following would not be a consideration for the Agency Theory school of thought?
A. CEO duality complicates the issue of CEO succession.
B. CEO duality reinforces popular doubts about the legitimacy of the system as a whole.
C. CEO duality can create conflicts of interest that can negatively affect the interests of the shareholders.
D. Firm performance always is improved under CEO duality.
Answer: D