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In order to better differentiate the drivers of corporations' actions, in particular shareholder wealth and stakeholder …
Persistent link: https://www.econbiz.de/10011564889
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
The growing awareness of the issue of corporate social responsibility (CSR) has raised thequestions about how responsible behavior of firms would impact employees’ well-being. Thispaper investigates the link between corporate social responsibility and job satisfaction, whichis a more widely...
Persistent link: https://www.econbiz.de/10009360556
are also found between firm size and job satisfaction. -- corporate social responsibility ; stakeholder view ; employee …
Persistent link: https://www.econbiz.de/10009315293
Strong forms of the stakeholder model of corporate governance hold that, in making business decisions, directors should … for shareholders even in the long-term. This article makes four main points about the stakeholder model. First, although … these claims for the benefit of shareholders; hence, business decisions made under a stakeholder model will often transfer …
Persistent link: https://www.econbiz.de/10013297913
Easterbrook and Fischel’s work suggests that society as a whole would achieve the best results if corporate leaders focused only on raising stock prices, leaving other institutions to tend to all other interests. But the idea that making societally important corporations govern to the whims of...
Persistent link: https://www.econbiz.de/10013306620
/methodology/approach: The approach is conceptual/ philosophical. Findings: The stakeholder theory of corporate governance is misguided, insofar … "stakeholder theory of corporate governance" may be construed (in light of the above) as placing the interests of stakeholders … corporation and for stakeholder theory, is totally original, and so is the main conclusion of the argument. Summary: The original …
Persistent link: https://www.econbiz.de/10014496592
In his excellent article, For Whom is the Corporation Managed in 2020?: The Debate Over Corporate Purpose, Professor Edward Rock articulates his understanding of the debate over corporate purpose. This reply supports Professor Rock’s depiction of the current state of corporate law in the...
Persistent link: https://www.econbiz.de/10013252153
This paper maintains that responsible tourism practices can be re-conceived strategically to confer competitive advantage. It looks at the extant literature surrounding the notions of “responsible tourism” and “shared value”. A qualitative research involved in-depth, semi-structured...
Persistent link: https://www.econbiz.de/10012978432
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