Electronically variant (dppf)Ni(ketene) complexes were synthesized and characterized to perform kinetic analysis on their decomposition through a decarbonylation/disproportion process to Ni− CO complexes and alkenes. Ligands containing electron-donating groups stabilized such complexes, whereas an electron-withdrawing group was found to destabilize them. Hammett analysis on the decomposition reaction revealed the buildup of negative charges in the rate-determining step, which corroborates past computational models.