6533b873fe1ef96bd12d5d89

RESEARCH PRODUCT

Integration of CSR into CEOs’ compensation: effects on social and financial performance of French listed firms

Laurence GodardSouhir Khemir

subject

corporate social responsibilityfinancial performance.Performance socialeperformance financière.gouvernance partenarialeStakeholder-based governance approachPerformance financièreFinancial performanceResponsabilité sociale de l’entrepriserémunération des dirigeantsCEOs’ compensationRémunération des dirigeantsperformance socialestakeholder-based governance approachGouvernance partenarialeCorporate social responsibilitySocial performance[SHS.GESTION] Humanities and Social Sciences/Business administrationresponsabilité sociale de l’entreprisesocial performance

description

Based on the stakeholder model of corporate governance, this research analyzes the relationship between the integration of corporate social responsibility (CSR) into CEO compensation and corporate social and financial performance, in firms listed on France’s SBF 120 stock market between 2015 and 2019. The results of panel data regressions show that indexing CEO compensation on CSR criteria only influence corporate social performance Moreover, social performance has a positive impact on financial performance and a mediating effect between the integration of CSR criteria into CEO compensation and financial performance.

yearjournalcountryeditionlanguage
2023-07-03
10.4000/fcs.10966https://journals.openedition.org/fcs/10966