Vice or Virtue? The Impact of Corporate Social Responsibility on Executive Compensation

We empirically examine the impact of corporate social responsibility (CSR) on CEO compensation using a large sample of the US firms from 1996 to 2010. We develop and test two hypotheses, the overinvestment hypothesis based on agency theory and the conflict–resolution hypothesis based on stakeholder...

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Bibliographic Details
Main Author: Cai, Ye (Author)
Contributors: Jo, Hoje ; Pan, Carrie
Format: Electronic Article
Language:English
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Published: 2011
In: Journal of business ethics
Year: 2011, Volume: 104, Issue: 2, Pages: 159-173
Further subjects:B Corporate social responsibility
B Executive Compensation
B Conflict Resolution
Online Access: Volltext (JSTOR)
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