Showing 1 - 10 of 70
on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find …
Persistent link: https://www.econbiz.de/10005566546
compensation and ownership structure, we find for the first time statistically significant sensitivities and elasticities of annual … positive. Perhaps more importantly, we find that ownership structure of China’s listed firms has important effects on pay …-performance link in these firms. Specifically state ownership of China’s listed firms is weakening pay-performance link for top …
Persistent link: https://www.econbiz.de/10005566733
This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...
Persistent link: https://www.econbiz.de/10005822774
describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …
Persistent link: https://www.econbiz.de/10005566810
The growing awareness of the issue of corporate social responsibility (CSR) has raised the questions about how … their job are noticeably higher in firms that are perceived as more engaged in CSR activities both towards their internal … social responsibility thus reflecting that smaller firms tend to show higher assessments regarding CSR. Similar relationships …
Persistent link: https://www.econbiz.de/10008805613
Contributing to a social cause can be an important driver for workers in the public and non-profit sector as well as in firms that engage in Corporate Social Responsibility activities. This paper compares the effectiveness of social incentives to financial incentives using an online real effort...
Persistent link: https://www.econbiz.de/10010959558
Society's demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the "psychology and economics" of prosocial behavior to shed light on this trend, which...
Persistent link: https://www.econbiz.de/10008469709
responsibility (CSR), to what extent firms’ productive characteristics influence managers’ attitudes towards their CSR rating, and … whether their values in favour of CSR are positively correlated to firms’ economic performance. Although a large proportion of … respondents express a favourable view of CSR and a willingness to participate in socially responsible activities, we find that the …
Persistent link: https://www.econbiz.de/10005566698
We argue in favour of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle between the stakeholders about the ultimate...
Persistent link: https://www.econbiz.de/10005822066
ownership structure of 826 listed corporations and find that government shareholding is surprisingly large. Its effect on … shareholding stakes increase, but beyond this corporate value begins to increase. We interpret this in terms of ownership …
Persistent link: https://www.econbiz.de/10005822452