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responsibility. Based on the Agency and Stakeholder theories, the power of each component in the CEO compensation structure is …
Persistent link: https://www.econbiz.de/10014500228
This study investigates how CEO ownership concentration in S&P 500 companies is associated with compensation tied to social performance. My theory on how these two variables are connected is presented in the paper. I employ logistic regression on privately collected data on social performance...
Persistent link: https://www.econbiz.de/10013024233
, socially responsible investments place expectations on SRI fund managers, that manifest in different risk management and agency …
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decrease in pay ratio among high pay ratio firms is significantly more pronounced with stronger stakeholder influences, proxied … influences of shareholders. Using state-level pay ratio tax proposals as another proxy for stakeholder influence, we find high …
Persistent link: https://www.econbiz.de/10014348601
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social responsibility (CSR) disclosure, as well as the moderating role of stakeholder influence on this association … level of CSR disclosure are attenuated by stakeholder influence. CEO power is documented as reducing the positive impact of … influence on the firm.Practical implications – This study suggests that CEO power and stakeholder influence are important …
Persistent link: https://www.econbiz.de/10012826037
This study investigates the problem of externally hired powerful CEOs and how they affect CSR performance for their respective firm. The data used was from the Wharton Research Data Services - CRSP database from 1993 to 2016. This work starts by looking at how the dependent variables affect the...
Persistent link: https://www.econbiz.de/10012872024