Picture this. You're a shareholder of a listed company. The person who runs the business day to day — sets the strategy, manages the team, controls what information flows to the board — is also the person chairing the very board that is supposed to hold them accountable. Who, exactly, is watching whom? That is the heart of the CEO duality corporate governance debate. It's been running for decades. Not because the governance logic is unclear — it isn't — but because the answer