Early Corporate Social Responsibility and Executive Compensation: The Negative Externality Perspective

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...

A European Perspective on Corporate Social Responsibility

Corporate Socially Responsible (CSR) behaviour is a necessary prerequisite of global economic activity and makes this as a different perspective. In this paper, the author’s argument is based upon developments in several countries and special reference is given to UK and Portugal. Responsible behaviour of enterprises should consider innovative forms to present its reports, because is more attra...

Corporate Social Responsibility in a Comparative Perspective

Corporate Social Responsibility and the Environment: A Theoretical Perspective

This article surveys the growing theoretical literature on the motives for and welfare effectsof environmental corporate social responsibility (CSR). We show how both market andnonmarket forces are making environmental CSR profitable, and also discuss altruistic CSR.In particular, nongovernmental organizations strongly influence CSR activities, through bothpublic and private pol...

Corporate Social Responsibility in Compensation Systems: Empirical Insights