We examine the effect of the incentives of the members of the board of directors on shareholder wealth, CEO compensation and the sensitivity of this compensation to corporate performance in laboratory setting. Two methods of appointing the board, one by the CEO and the other by the largest shareholder, constitute the main treatment. The board sets the compensation for the CEO, who makes product...

Corporate governance is the new buzz-word in corporate world these days. It is viewed as a moral duty. It involves promoting the compliance of law in letter and spirit and demonstrating ethical conduct. The relationship between corporate governance and financial performance has caught wide attention of researchers in the last decade. Numerous researches have been conducted in past to investigat...

Corporate entrepreneurship can be considered important for organizational performance. While being recognized to be important for development of innovations and technologies of small and medium sized firms and for innovation/technology strategies of large firms, inter-organizational relationships in terms of networks and alliances have received limited research attention in the context of corpo...

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...

We observe many CEOs of big companies as easily as movie stars or sports players on Twitter. Why do they appear on social media and what would be the effect of their Twitter network on the corporate performance and shareholder benefit? This study explores big company CEOs on Twitter. We identify Twitterusing CEOs and examine the impact of their social media activity on the corporate performance...