The paper determines the impact of CEO Duality (board leadership) on the financial performance of the organisation. This study has used panel data of 99 companies for a period of five years and has used panel data regression model in order to study the relation among different variables. The present study finds a significant and positive relationship between CEO Duality and company performance as measured by Tobin Q. Also, this study concludes an insignificant relationship between CEO Duality and accounting measures of performance (ROA, ROE) may be due to the fact that the shareholders do not put much weightage to board leadership structure of the company as long their investment in the form of shares are earning good returns for them.

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Keywords: CEO Duality, Company Performance, Board Leadership, Strategy Formulation.