How and to what extent do decisions affect business performance? Despite years of study by academic researchers and industry practitioners, there still remains a need to draw a clear and established connection between decision making and performance. By closely examining consequential business...

Companies' decision-making and planning systems find themselves in a constant tug of war between strategic and financial considerations. This work analyzes these two opposing currents in business thinking, dissecting their differences and identifying their best practices

We study the decisions and performance of managers who are also chair of the board (duality managers). We hypothesize that duality managers take more risky decisions and deliver worse performance than non-duality managers due to reduced level of control and replacement risk. Using the mutual...