The effects of CEO pay structure on corporate social performance

被引：305

作者：

Deckop, John R. ^{[1
]}

Merriman, Kimberly K.

Gupta, Shruti

机构：

[1] Temple Univ, Dept HRM 006 00, Philadelphia, PA 19122 USA

[2] Div Social Sci, Abington, PA 19001 USA

来源：

JOURNAL OF MANAGEMENT | 2006年 / 32卷 / 03期

关键词：

corporate social performance; compensation; incentives; stakeholder theory; agency theory;

D O I：

10.1177/0149206305280113

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Corporate social peformance (CSP) is increasingly viewed as an important business outcome by researchers, investors, and society as a whole. Furthermore, empirical research indicates that CSP is positively related to corporate financial performance. These considerations lead to the question of whether CEO pay is proper v structured to provide incentive to the CEO to improve firm CSP In a sample of 313 firms, the authors found that a short-term CEO pay focus was negatively related to CSP whereas a long-term focus was positively related to CSR Implications of these results,for future research and CEO pay design are presented.

引用

页码：329 / 342

页数：14

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