The primary role of equity compensation is to provide incentives to an effort-averse agent. Here, we show that the chosen level of equity incentives, when publicly disclosed, will also convey information about future earnings, causing two-way linkages between incentive compensation and financial...

Among the clearest rules in U.S. securities law is the duty that brokers have to quot;seek the best execution that is reasonably available for its customers' orders.quot; The problem with the current orientation of the policy discussion on best execution is that it has focused on the narrow, yet...

The potential contribution of companies as partners in furthering development objectives is frequently mentioned, but has received limited research attention. What has also remained unclear is to what extent companies can play such a role via the various individual and collaborative means...

Although interest in Corporate Social Responsibility (CSR) in emerging markets has increased in recent years, most research still focuses on developed countries. The scant literature on the topic, which traditionally suggested that CSR was relatively underdeveloped in emerging markets, has...

The literature on corporate social performance (CSP) is largely split between approaches that consider CSP to be extrinsically driven and those that consider it to be intrinsically driven. While some studies in the management literature have paid attention to drivers of both types, the...

Pollution and stress are the two major challenges in this era of technology revolution. Extensive research toward eco-friendly technology awareness to control pollution has helped to tackle the problem of pollution, but if talked about stress, in spite of extensive research all over the world, a...

Initiatives by private actor groups to cut carbon emissions, adopt climate-smart agriculture practices and increase renewable energy are growing in scope and ambition. Although links exist with public policy, these actions are not mandated by public law. Instead, participation is driven by a...

We examine the informativeness and credibility of independent directors' stated resignation reasons. We posit that having access to private information, directors may resign in anticipation of weak future underperformance to limit damage to their reputation, and further have an incentive to mask...

This paper creates a game theoretic model to determine how pendulum arbitration or baseball arbitration impacts the incentives of litigants. Pendulum arbitration is when both parties submit competing proposals and the arbitrator chooses only one of the bids, in its entirety, to be binding on...

The author, a legal scholar, reviews academic literature regarding and otherwise relevant to the study of female entrepreneurship from across multiple disciplines. She reports that the legal academy has only minimally engaged in entrepreneurship scholarship and not at all as to female...