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. Results support a stakeholder view of corporate governance and suggest specific candidate underlying theories …
Persistent link: https://www.econbiz.de/10012929037
The relationship between changes in GDP and unemployment during the 2008 financial crisis differed significantly from previous experiences and across countries. We study firm-level decisions in France, Germany, Japan, the UK, and the US. We find significant differences between the response of US...
Persistent link: https://www.econbiz.de/10012931027
argue was triggered by an exogenous increase in stakeholder outrage toward executive pay. We document that the overall …
Persistent link: https://www.econbiz.de/10013293286
Much of the traditional Company Law doctrine considers that Corporations must be managed to promote, above all, shareholders' rights. Activities in favour of non-shareholder constituencies such as suppliers, consumers, employees or the Community at large can be perceived as a means of Management...
Persistent link: https://www.econbiz.de/10013063393
There is a heated debate on shareholder versus stakeholder governance. The stakeholder view recognises that companies … to hold management accountable against multiple goals. Moreover, the traditional stakeholder model tends to focus on …
Persistent link: https://www.econbiz.de/10014235517
stakeholder capitalism debate. Some describe corporate leaders’ decision to withdraw from Russia as an example of stakeholder … another possible channel. In particular, we focus on assessing the role played by stakeholder pressure exercised on companies … presented in this paper suggests that corporate leaders tend to promote stakeholder interests when they face potential …
Persistent link: https://www.econbiz.de/10013492625
correspond to criticism of shareholder-focused agency-based corporate governance practices and a renewed focus on the stakeholder … stakeholders’ interests. This study provides a means to conceptualize measures of bank performance from a stakeholder perspective …
Persistent link: https://www.econbiz.de/10013305973
this study, we examine the influence of boards, executives, and other stakeholders in appointing a female director … identity theory, and resource dependence theory, we find that boards, executives, and institutional investors play persistent …
Persistent link: https://www.econbiz.de/10014362316
This study examines the role of foreign institutional ownership in corporate social responsibility. Using the Shanghai-Hong Kong Stock Connect as a quasi-natural experiment, our difference-in-differences estimation shows that foreign institutional ownership drives firms’ CSR improvements....
Persistent link: https://www.econbiz.de/10013405877
businesses will drive this coming wave of succession. While stakeholder theory has generally been rejected in finance due to the … other stakeholders. To this end, we extend the stakeholder synergy theory to the case of business succession and generate …
Persistent link: https://www.econbiz.de/10012961969