If a company is setup such that management is reviewed by those they
manage and if a series of bad reviews results in a change of position
or leaving the company what happens if the Owner of the business is
also the CEO and the company gives the CEO several bad scores on
his/her review?

Could you as the Owner relinquish the position as CEO?

It stands to reason that if you have setup such a review process you
have already addressed the issues of command and control. Therefore I
think you could.

Read the Johnsonville Sausage article that I posted a link to earlier.

Geoff