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The post-Enron era is marked with growing discourse of stakeholders, sustainability, and corporate social responsibility (CSR). Commentators debate whether U.S. corporations have indeed moved towards a stakeholder orientation, given the difficulties in measuring such a shift. We assess this...
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time, it has become clear that the priorities of shareholders are often misaligned with those of the managers, with the …, shareholders should have a direct influence on the compensation paid to executives.To achieve that goal, the policymakers in the …
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