Results 131 to 140 of about 8,518 (306)
CEO Turnover and Relative Performance Evaluation [PDF]
This paper examines whether CEOs are fired after bad firm performance caused by factors beyond their control. Standard economic theory predicts that corporate boards filter out exogenous industry and market shocks to firm performance when deciding on CEO
Fadi Kanaan, Dirk Jenter
core
Why Has CEO Pay Increased So Much? [PDF]
This paper develops a simple equilibrium model of CEO pay. CEOs have different talents and are matched to firms in a competitive assignment model. In market equilibrium, a CEO%u2019s pay changes one for one with aggregate firm size, while changing much ...
Xavier Gabaix, Augustin Landier
core +2 more sources
Business Strategy and the Environment, EarlyView.ABSTRACT Firm‐level Climate Action Response Plans (CARPs) comprise firms' climate change mitigation and adaptation commitments. Encouraging firms to develop CARPs is thus vital for meeting ever‐pressing climate goals. Understanding the resources and capabilities facilitating firms to develop CARPs can inform evidence‐based approaches to accelerate ...
Helena Lenihan +2 more
wiley +1 more source
Nexus Between Fair Pay and Say-on-Pay Votes
SystemsThis study explores the magnitude of shareholders’ say-on-pay (SOP) votes and its impact on CEO compensation. This study draws its sample from US Russell 3000 companies, the largest US companies, from 2011 to 2019.
Ahmad Alqatan, Muhammad Arslan
doaj +1 more source
Career Concerns of Top Executives, Managerial Ownership and CEO Succession [PDF]
We model the portfolio decisions by managers with career concerns in a context where ownership of the firm's stock can affect the outcome of promotion contests.
M. Martin Boyer, Hernan Ortiz Molina
core
Business Strategy and the Environment, EarlyView.ABSTRACT We examine the effect of chief executive officers' (CEOs') career horizons on environmental, social, and governance (ESG) performance and investigate how hard cues influence this performance effect. Our study offers a new perspective of CEO career horizon as a mechanism that enables firms to improve their ESG performance when occupying a ...
Sofia Angelidou +2 more
wiley +1 more source
Bank CEO Incentives and the Credit Crisis [PDF]
We investigate whether bank performance during the credit crisis of 2008 is related to CEO incentives and share ownership before the crisis and whether CEOs reduced their equity stakes in their banks in anticipation of the crisis.
René M. Stulz, Rüdiger Fahlenbrach
core
Shareholder Coordination and Waste Management
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how shareholder coordination relates to corporate waste management. Drawing on 1059 firm‐year observations from S&P 500 firms between 2010 and 2022, we show that higher levels of coordination among shareholders correspond to reduced waste generation. This effect is more pronounced in firms whose coordinated shareholders are
Mohamed Khalifa
wiley +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT We are interested in investigating whether firms use political donations as a license to neglect environmental sustainability. We further deepen the examination by exploring the role of executive contracting. Drawing on a wide range of data between 2002 and 2021 and a global sample, our findings confirm that firms use political contributions ...
Habiba Al‐Shaer +3 more
wiley +1 more source
Learning from the Past: Trends in Executive Compensation over the Twentieth Century [PDF]
In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor ...
Carola Frydman
core