D'Mello, Ranjan; Kwon, Sungjoung; Toscano, Francesca - 2023
We examine the impact of employee-related Corporate Social Responsibility (ER-CSR) on pay disparity between top management and the average worker. Firms with higher ER-CSR ratings have a lower disparity and the effect is greatest when executives are paid the most. ER-CSR is associated with a...