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ownership ones. We focus on Continental Europe, Japan, Brazil, Russia, India and China. Our main thesis is that independent … that are typical of independent directors in diffuse ownership, such as the hiring and firing of managers and the setting …
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This paper examines the reliance on ESG metrics in executive compensation contracts. In our sample of international publicly traded firms, a rapidly growing fraction incorporate ESG metrics in the compensation schemes of their top executives. Our analysis links the reliance on these metrics to...
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