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Aus der Prinicipal-Agent-Theorie und der Institutionentheorie leiten wir die Hypothese ab, dass eine Beziehung zwischen CEO-Vergütungsstrukturen und Corporate Social Performance (CSP) besteht. Unsere empirische Analyse von deutschen DAX und MDAX Unternehmen zeigt, dass die Gestaltung der...
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This study attempts to provide empirical evidence on the real motivation of CEOs to engage in corporate social responsibility. Based on the Agency and Stakeholder theories, the power of each component in the CEO compensation structure is employed. Moreover, a corporate governance index was...
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(long-term pay vs short term pay) provide equal incentives for managers to engage in both dimensions equally. I find that …
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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...
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