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Aus der Prinicipal-Agent-Theorie und der Institutionentheorie leiten wir die Hypothese ab, dass eine Beziehung zwischen CEO-Vergütungsstrukturen und Corporate Social Performance (CSP) besteht. Unsere empirische Analyse von deutschen DAX und MDAX Unternehmen zeigt, dass die Gestaltung der...
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In this paper, we investigate whether superior performance on corporate social responsibility (CSR) strategies leads to …-section of firms, we find that firms with better CSR performance face significantly lower capital constraints. Moreover, we … provide evidence that both of the hypothesized mechanisms, better stakeholder engagement and transparency around CSR …
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