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Persistent link: https://www.econbiz.de/10001083151
We model firms as competing for socially responsible consumers by linking the provision of a public good (environmentally friendly or socially responsible activities) to sales of their private goods. In many cases, too little of the public good is provided but under certain conditions,...
Persistent link: https://www.econbiz.de/10014112571
We study how joint delegation of production and disclosure choices alters the incentives that firm owners offer to their managers. Our first set of results shows how the incentive weights that owners place on revenues are affected by firm characteristics and by whether their manager chooses ex...
Persistent link: https://www.econbiz.de/10013000980