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shareholders and stakeholders. Only companies with a sustained employee ownership policy over a 5-year period (from 2001 to 2005 …), as defined by the French Federation of Employee and Former Employee Shareholders (FAS), have been considered. The results … indicate that employee share ownership plans have no effect on shareholders’ or stakeholders’ value creation. Copyright …
Persistent link: https://www.econbiz.de/10010868221
The authors explore the relation between the way different family firms are named, and the shareholder value impact of these firms’ new product introductions. Using an event study of 1,294 product introduction announcements of 107 publicly listed U.S. family firms, the authors find that the...
Persistent link: https://www.econbiz.de/10010938079
The present paper explores, theoretically, and empirically, whether compliance with the International Code of marketing of breast-milk substitutes impacts on financial performance measured by stock markets. The empirical analysis, which considers a 20-year period, shows that stock markets are...
Persistent link: https://www.econbiz.de/10010868480
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Although business ethics has a long history as a core theme within the realm of strategic management it has not received considerable attention in top strategy journals until recently. In this paper, we assess the state of business ethics research published over a 5-year period (2006–2010) in...
Persistent link: https://www.econbiz.de/10010989758
This article investigates the gender diversity of the corporate board of European Union banks. Employing a large sample of 612 European banks from 20 European countries, it identifies organizational characteristics that could be predictive of women’s presence on bank boards. We identify three...
Persistent link: https://www.econbiz.de/10010989801
Recent studies (Cragg and Woof, Bus Soc Rev 107(1):98–144, <CitationRef CitationID="CR5">2002</CitationRef>; Weismann, J Bus Ethics 88:615–66, <CitationRef CitationID="CR31">2009</CitationRef>) revealed that in the first 28 years of its existence, the Foreign Corrupt Practices Act was not enforced by the federal government. The Weismann study further concluded that the FCPA,...</citationref></citationref>
Persistent link: https://www.econbiz.de/10010989896
Current research on corporate social responsibility (CSR) illustrates the growing sense of discord surrounding the ‘business of doing good’ (Dobers and Springett, Corp Soc Responsib Environ Manage 17(2):63–69, <CitationRef CitationID="CR14">2010</CitationRef>). Central to these concerns is that CSR risks becoming an over-simplified...</citationref>
Persistent link: https://www.econbiz.de/10010989902