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, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …
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Seit den neunziger Jahren fordern institutionelle Kapitalanleger vom Management deutscher, aber auch internationaler … börsennotierten international orientierten Unternehmen wird eine wertorientierte Entlohnung vorzugsweise für das Management …
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This paper examines the use of ESG performance metrics in executive compensation contracts. We first document that a growing fraction of publicly traded companies around the world now incorporate ESG metrics in the compensation schemes of their top executives. Our analysis links the reliance on...
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