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information asymmetries between shareholders and managers and, consequently, the potential for managerial opportunism, reducing …
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While CEO compensation is seen as influencing firm performance, the intervening mechanisms that govern this influence have remained largely unexplored. Using the agency and expectancy theories, this paper attempts to open the "black box" between CEO compensation and firm performance and...
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This study attempts to provide empirical evidence on the real motivation of CEOs to engage in corporate social responsibility. Based on the Agency and Stakeholder theories, the power of each component in the CEO compensation structure is employed. Moreover, a corporate governance index was...
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(Spain in particular) partially support the Human Capital Theory. Nevertheless, there is no evidence supportive of Agency …
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