Managerial Incentives and Firm Risk Taking: The Mediating Role of Corporate Social Responsibility

In this study, we focus on managerial incentives provided by debt-like compensation and further investigate whether and to what extent such managerial incentives may affect CEOs’ decisions on risk management. Building on cumulative prospect theory and instrumental stakeholder theory, we propose that...

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Principais autores:	Desheng Yin, Michael Wang, Yufan Sun, Haizhi Wang, Xinting Zhen
Formato:	Artigo
Idioma:	Inglês
Publicado:	MDPI AG 2025-02-01
Series:	Risks
Assuntos:	managerial incentive corporate social responsibility risk taking cumulative prospect theory instrumental stakeholder theory
Acceso en liña:	https://www.mdpi.com/2227-9091/13/3/42
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