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hypothesis) that may explain why managers engage in corporate social responsibility (CSR). 2) We use an intuitive empirical … that managers engage in CSR to learn new relevant information from other informed stakeholders. In return, managers will … et al. 2012, 2017). The latter accounts for the extent to which stock prices reveal new information to managers that will …
Persistent link: https://www.econbiz.de/10013198104
Can better firm ESG policies be attributed to a CEO’s style? We find that firms led by CEOs with not-for-profit sector work experience (socially engaged CEOs) possess better ESG ratings and superior real ESG outcomes. They receive higher satisfaction ratings from their employees, develop more...
Persistent link: https://www.econbiz.de/10014244703
can be better off using two or more managers when managerial anchoring can lead to significant cost increases. This paper … anchoring costs if managers anchor in different directions. It is also shown that firms cannot completely eliminate the impact … of anchoring even if they hire an infinite number of managers. Firms should consider hiring additional managers in …
Persistent link: https://www.econbiz.de/10013064465
can be better off using two or more managers when managerial anchoring can lead to significant cost increases. This paper … anchoring costs if managers anchor in different directions. It is also shown that firms cannot completely eliminate the impact … of anchoring even if they hire an infinite number of managers. Firms should consider hiring additional managers in …
Persistent link: https://www.econbiz.de/10012971587
This essay on Corporations is a chapter in an upcoming volume on economic theology edited by Stefan Schwarzkopf.The secular study of corporations has long regularly focused on three sets of concerns: (1) Is the idea of corporate “personhood” only a convenient shorthand for a complex set of...
Persistent link: https://www.econbiz.de/10012850918
officers. The fiduciary duties of corporate managers run to shareholders and not to creditors, employees, and other …
Persistent link: https://www.econbiz.de/10014057555
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How can office-seeking politicians or managers be aligned with social welfare or firm welfare, given that such agents …
Persistent link: https://www.econbiz.de/10014047248
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