Do Contracts Make Them Care? The Impact of CEO Compensation Design on Corporate Social Performance
Using the behavioral agency model, we analyze how two compensation design characteristics, pay-performance sensitivity and duration of CEO compensation (taking into account multiple vesting periods), affect corporate social performance. We find that the performance sensitivity of CEO pay is negative...
| Authors: | ; ; ; |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer
2019
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| In: |
Journal of business ethics
Year: 2019, Volume: 157, Issue: 2, Pages: 375-390 |
| Further subjects: | B
Behavioral agency
B pay-performance sensitivity B Pay duration B Corporate Social Performance B CEO compensation |
| Online Access: |
Volltext (lizenzpflichtig) |