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This research investigates how CEO traits influence a company's financial outcomes. The study, which focused on firms listed on the Tehran Stock Exchange (TSE) from 2013 to 2023, employed panel data models for estimation and testing. Indicators like CEO ownership, duality, and tenure were utilized to represent CEO characteristics, while Return on Assets (ROA) was used to evaluate Firm Performance (FP). The findings revealed a positive and significant correlation between CEO ownership and tenure with FP (ROA). Additionally, CEO duality did not show a significant connection with FP. Although similar research has been conducted in developed markets, comprehensive studies of this nature have been relatively rare in the Iranian economic context, which possesses distinct features such as the impact of governmental institutions, specific taxation regulations, and an ownership structure characterized by concentration.
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