Often as in much more than 50% of the time for fortune 500 companies. If the CEO and the Chairman of the Board is the same person then there is sort of a confli

Often as in much more than 50% of the time for fortune 500 companies. If the CEO and the Chairman of the Board is the same person then there is sort of a conflict of interest. The Board is there to oversee the work of the CEO. The board is headed by the Chairman of the Board. Thus, if the CEO and the Chairman is the same person, then the CEO is accountable to himself. Not sure why you include investors all of a sudden, as I didn't mention about that. I have no issue with shareholders having a seat on the board.