Abstract
This study examines the impact of chief executive officer characteristics on the firm value of listed insurance firms in Nigeria from 2013 to 2022 financial years. Although there are many CEO characteristics that could impact the firm value of listed insurance firms in Nigeria, the study uses only CEO tenure and CEO duality. The firm value is proxy by ROA. The sample of this study is the 23 listed insurance firms on the Nigeria Stock Exchange as at 31st December, 2022. The source of data for this study is secondary while the technique of data analysis is panel data regression. The results of the study show that CEO tenure has a positive correlation with the firm value of listed insurance firms in Nigeria and CEO duality has a negative impact on the firm value of listed insurance firms in Nigeria. Thus, the study recommends that the National Insurance Commission in Nigeria should set a reasonable number of years that CEOs will serve in listed insurance firms in Nigeria. This is because the more the times the CEOs spend on the jobs the more experiences they will have in doing their jobs which could result in better performance.
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