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Should the CEO and Chairman Roles Be Combined?

Changing the fundamental governance of an institution is an extremely costly undertaking, and Boards should be cautious about the performance effects that are likely to follow. The debate on corporate governance faded from the headlines almost as quickly as it appeared last quarter as the experts debated the appropriate governance role for Jamie Dimon at JPMorganChase & Co. As it turned out, Dimon’s fate was decided by shareholders, largely based on his importance to the institution, ...

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