This paper reviews the theoretical and empirical literature on executive compensation. We
start by presenting data on the level of CEO and other top executive pay over time and …

We summarize and synthesize the results from 73 studies that examine the consequences of
shareholder activism for targeted firms, and draw two primary conclusions. First, activism that …

Research Summary This study examines the integration of corporate social responsibility
(CSR) criteria in executive compensation, a relatively recent practice in corporate …

Corporate governance (CG) research has largely focused on internal governance
mechanisms (ie the board of directors, controlling owners, and managerial incentives) …

Research summary: In this paper, we theorize and empirically investigate how a long‐term
orientation impacts firm value. To study this relationship, we exploit exogenous changes in …

This study examines the effect of shareholder proposals related to corporate social
responsibility (CSR) on financial performance. Specifically, I focus on CSR proposals that …

Proxy advisory firms have become important players in corporate governance, but the extent
of their influence over shareholder votes is debated. We estimate the effect of Institutional …

This article studies traditional and modern theories of executive compensation, bringing
them together under a simple unifying framework accessible to the general-interest reader …

The financial crisis has demonstrated serious flaws in the corporate governance of
systemically important financial firms. In particular, the norm that managers should seek to …

Environmental and social (ES) funds in non-ES families must balance incorporating the
stakeholders' interests they advertise and maximizing shareholder value favored by their …