Global Environmental Governance for Corporate Responsibility and Accountability

Corporate Governance and Executive Compensation for Corporate Social Responsibility

We link the corporate governance literature in financial economics to the agency cost perspective of Corporate Social Responsibility (CSR) to derive theoretical predictions about the relationship between corporate governance and the existence of executive compensation incentives for CSR. We test our predictions using novel executive compensation contract data, and find that firms with more shar...

Relationship between Corporate Social Responsibility and Corporate Governance

Global Corporate Governance Forum Corporate Governance and Development Stijn

This paper investigates the relationship between corporate governance and economic development and well-being. It finds that better corporate frameworks benefit firms through greater access to financing, lower cost of capital, better firm performance, and more favorable treatment of all stakeholders. Numerous studies agree that these channels operate not only at the level of the firms, but in s...

Idiosyncratic Risk and Disclosure of Corporate Social Responsibility: Emphasizing the Role of Corporate Governance

In this study, the impact of corporate social responsibility (CSR ) disclosure on idiosyncratic risk has been investigated concerning three stakeholder theory, information asymmetry, and risk management. It also goes further and explores the impact of some corporate governance mechanisms such as ownership structure, board characteristics, and incentive contracts on this relationship. To achieve...

Corporate Responsibility and Environmental Research and Development

Acknowledgements: I thank Donald Siegel for suggesting that I consider my research about environmental R&D in the context of the literature about corporate social responsibility. I thank the Nelson A. Rockefeller Center for the Social Sciences at Dartmouth College for the financial support of a Reiss Family Senior Faculty Research Grant that launched the research project described in Scott (200...