THE EFFECTS OF CEO COMPENSATION ON CORPORATE ECONOMIC PERFORMANCE AND CORPORATE SOCIAL PERFORMANCE .

1997 ◽  
Vol 1997 (1) ◽  
pp. 401-405 ◽  
Author(s):  
Kenneth E. Bass ◽  
Roy L. Simerly ◽  
Mingfang Li
2009 ◽  
Vol 37 (6) ◽  
pp. 1558-1585 ◽  
Author(s):  
Shih-Chi Chiu ◽  
Mark Sharfman

Using institutional theory as the foundation, this study examines the role of organizational visibility from a variety of sources (i.e., slack visibility, industry visibility, and visibility to multiple stakeholders) in influencing corporate social performance (CSP). The conceptual framework offers important insights regarding the instrumental motives of managers in performing CSP initiatives. Based on a sample of 124 S&P 500 firms, the authors found that it is a firm’s visibility to stakeholders, rather than its economic performance, that has the larger impact on managers’ decisions regarding how much CSP their firms exhibit. The results show that more profitable firms may not be motivated to engage actively in CSP unless they are under greater scrutiny by various firm stakeholders. The authors also found that organizational slack (estimated as cost of capital) is positively associated with a Social CSP dimension but negatively associated with a Strategic CSP dimension. This research contributes to the current CSP literature by demonstrating that motivations in addition to normative or ethical ones may be at play in the decisions firms make regarding their CSP.


TRIKONOMIKA ◽  
2013 ◽  
Vol 12 (1) ◽  
pp. 93
Author(s):  
Paulina Permatasari

The purpose of this study is to investigate the causality of relationship between the corporate economic performance and corporate social performance and also to get a picture about disclosure of Corporate Social Reporting (CSR) performance of companies in Indonesia that have deployed and published Standalone Sustainability Reports, and/or has disclosed Social and Environmental Responsibility or Sustainability in Annual Report, and the company website. The variables used to measure corporate economic performance are company size, profitability, leverage, and growth. The corporate social performance is measured by using an CSR disclosure index. The Causality relationship between corporate economic and social performance is based on the Slack Resource Theory and Good Management Theory. As the pilot study, a sample of 34 companies listed on JSX is taken using stratified random sampling method with 2010 data as the focus of the report analysis. The result of this study shows that there’s no significant relationship between Corporate Economic and Corporate Social Performance. The study also shows the low level of corporate disclosure of CSR.


2011 ◽  
Vol 204-210 ◽  
pp. 784-787
Author(s):  
Wen Wu Xie ◽  
Xiao Xu

Corporate social responsibility (CSR) leads to some effects to companies, such as reputation, insurance and moral capital. These effects performed when companies experienced adverse events. The objective of this paper is based on this view. Author researched the influence of CSR on stock returns when the listed companies experienced adverse events. The empirical results showed that the influence of corporate social performance on economic performance was not a direct effect. The implementation of CSR, would lead to companies moral capital.


2021 ◽  
Vol 2 (5) ◽  
pp. 1468-1478
Author(s):  
Arry Eksandy ◽  
Murtanto ◽  
Regina J. Arsjah

This research aims to determine the effect of environmental performance, corporate image, and corporate social performance on economic performance with moderated by green competitive advantage partially on manufacturing companies in Indonesia. The population in this research is all manufacturing companies listed on Indonesia Stock Exchange during the period 2013-2017. The total samples tested were 13 companies selected by purposive sampling technique. Data type in this research use secondary data obtained from Indonesia Stock Exchange and site respectively of company being sampled. Data analysis technique use panel data regression with Eviews 9.0 program. The result indicates that environmental performance have a positive effect on economic performance and after moderated by green competitive advantage of environmental performance has a positive effect on economic performance with a larger coefficient value. Corporate image have no effect on economic performance but after moderated by green competitive advantage of Corporate image has a positive effect on economic performance. Corporate social performance have no effect on economic performance and after moderated by green competitive advantage of Corporate image also has not effect on economic performance.


1970 ◽  
Vol 36 (2) ◽  
pp. 1-27
Author(s):  
K. Gilley ◽  
Kelly Weeks ◽  
Joseph Coombs ◽  
Myrtle Bell ◽  
Donald Kluemper

This study examines the extent to which board gender diversity and corporatesocial performance influence CEO compensation. The sample includes 1,829observations from 262 Fortune 500 companies over multiple years. Findings indicatethat board gender diversity and corporate social performance interact to predict CEOcompensation. The data show that boards comprised of a higher percentage of womenplace increasing emphasis on certain kinds of corporate social performance whensetting CEO pay, and decreasing emphasis on other types of social performance. Ourfindings highlight the complex interrelationships between executive compensation,board composition, and corporate social performance.


2016 ◽  
Vol 56 (3) ◽  
pp. 419-453 ◽  
Author(s):  
Jingoo Kang

Do unobservable CEO characteristics predict corporate social performance (CSP) and are they significantly correlated with CEO compensation? How meaningful is stock-based CEO compensation as a predictor of CSP? To answer these questions, the author empirically examines the relationship between stock-based CEO compensation and CSP while accounting for unobservable CEO characteristics. This study finds that CEO fixed effects (CEO dummies) account for a significant variance in CSP and that these fixed effects are correlated with CEO compensation variables in a statistically significant manner. The findings suggest that unobservable CEO characteristics should be accounted for when examining the effect of CEO compensation variables on CSP. The findings also highlight the usefulness of stock-based compensation instruments for shareholders and other stakeholders who care about CSP and intend to promote CEO attention to social and ethical issues.


2017 ◽  
Vol 3 (1) ◽  
pp. 55
Author(s):  
Giovanni Vaia ◽  
Marco Bisogno ◽  
Aurelio Tommasetti

Hundreds of studies have explored and measured financial returns related to social performance (Margolis and Walsh, 2003), with controversial results. In addition to these studies’ outcomes, we found, in this body of literature, a lot of innovation in the integration and adaptation of financial analysis tools and models to the study of statistical relationships.In this paper, we investigate the relationship between corporate social performance and corporate financial (and economic) performance, using multiple measures of financial and social performance and by looking statistically at the movement of actual financial and social performance over time. We emphasize the worth of statistical analysis in traditional financial representations.Our findings show how ratio analysis and statistical cause-and-effect validation are not alternatives for developing the financial analysis of sustainability and reporting. We show, through constant testing and a double learning process, the critical relationship between the key factors of financial, economic and social performance.


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