Vice or Virtue? The Impact of Corporate Social Responsibility on Executive Compensation

By Ye Cai, H. Jo, Carrie Pan. 2011

298 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/65cc705bb62cd4971573e164a84934ba55f58802

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Citations in the corpus

Corporate Social Performance: A Review of Empirical Research Examining the Corporation–Society Relationship Using Kinder, Lydenberg, Domini Social Ratings Data (2017, background): “A finding that the negative effect was largely related to higher employee-related CSP may suggest that it has been sometimes used as a device to avoid latent stakeholder conflict through equitable distribution (Cai et al., 2011).”
Do Corporate Social Performance Targets in Executive Compensation Contribute to Corporate Social Performance? (2016, background): “A negative relationship has been found to exist between executive salaries and firms’ environmental reputation (Coombs and Gilley 2005), executive salaries and CSP (Cai et al. 2011; K. Maas Stanwick and Stanwick 2001), and short-term bonuses and CSP (Deckop et al. 2006).”
Corporate social responsibility, product market perception, and firm value (2020, unknown): “…industries, and in differentiated versus standardized goods industries.12 We find that the interaction between CSR and Competitive industry dummy is positive and significant in the 11 El Ghoul et al. (2011) and Cai et al. (2011) also use industry average CSR score as an instrumental variable.”
Corporate Social Responsibility and CEO Risk-Taking Incentives (2016, unknown): “The only existing study to explore the impact of CSR on CEO compensation incentives is Cai, Jo, and Pan (2011).”
Does Corporate Social Responsibility Affect Information Asymmetry? (2016, background): “In addition to a sharper focus on reputation building, managers are considering their firms’ fiduciary and moral responsibilities toward stakeholders (Jensen 2002; Aguilera et al. 2007; Cai et al. 2011).”
Corporate Social Responsibility Performance, Incentives, and Learning Effects (2020, background): “With the tasks needed to improve CSR performance being multiple and having different natures, promoting certain outcomes beneficial to a certain group of stakeholders can affect other stakeholders negatively and, therefore, impair the firm’s overall CSR performance (Cai et al. 2011).”
CSR Committees and Their Effect on ESG Performance in UK, France, Germany, and Spain (2019, methodology): “We included firm size, ROA, and debt-to-equity ratio as firm-specific characteristics following [24,51,54].”
Environmental policy, environmental performance, and financial distress in China: Do top management team characteristics matter? (2018, background): “, environmental performance, as used in related studies) (Al-Hadi et al., 2017; Cai et al., 2011; Shahab et al., 2018).”
Value-Enhancing Capabilities of CSR: A Brief Review of Contemporary Literature (2014, background): “However, Cai et al. (2011) documented a negative association between CSR and CEO compensation.”