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This paper examines the impact of a firm’s social performance on the CEO’s employment prospects. We find that CEOs are more (less) likely to leave office when there is a significant recent decline (improvement) in social performance. We then track departing CEOs’ subsequent employment...
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We use a 2006 Securities and Exchange Commission regulation that requires firms to disclose the numerical target for executive bonus plans to examine how firm-specific measures of proprietary costs and board member's reputation concerns influence a firm's disclosure decisions. Using a composite...
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This paper examines the impact of a firm's social performance on the CEO's employment prospects. We track departing CEOs' subsequent employment records and find that the social performance of their previous employers improves their labor market outcomes. These CEOs are more likely to find a new...
Persistent link: https://www.econbiz.de/10012845211