首席执行官激励薪酬与企业社会绩效：来自法国公司的证据

IF 7.5 2区管理学 Q1 BUSINESS

European Management Journal Pub Date : 2024-06-22 DOI:10.1016/j.emj.2024.06.003

Sami Ben Larbi, Ali Dardour, Adam Elage

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引用次数: 0

摘要

本研究借鉴利益相关者理论和合法性理论，在法国的背景下调查了首席执行官激励薪酬对企业社会绩效（CSP）的影响，以及经济危机对这种关系的调节作用。通过对 460 家法国上市公司的公司年观察样本进行分析，我们提供了新的经验证据，证明首席执行官激励薪酬与企业社会绩效（CSP）之间存在正相关关系，同时也证明了管理该结构的各个过程维度（领导力、执行力和结果）之间存在正相关关系。然而，经济危机只影响了 CSP 的一个维度（领导力），从而改变了这种关系。这些研究结果表明，出于对经济问题的担忧，首席执行官可能会将工作重心转移到沟通而非实施 CSP 上；不过，这也可能反映了在全球经济形势紧张、财务业绩下滑的背景下，首席执行官为了让利益相关者放心而采取的防御策略。

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CEO incentive pay and corporate social performance: Evidence from French companies

Drawing on stakeholder and legitimacy theories, this study investigates the influence of CEO incentive pay on corporate social performance (CSP) and the moderating effect of the economic crisis on this relationship within the French context. Using a sample of 460 firm-year observations of listed French firms, we provide new empirical evidence of a positive relationship between CEO incentive pay and CSP, as well as each of the process dimensions governing this construct (Leadership, Implementation, and Results). However, this relationship is altered by the economic crisis, which affects only one dimension of CSP (Leadership). These findings indicate that due to economic concerns, CEOs may shift efforts toward communicating rather than implementing CSP; however, they also might reflect defensive strategies intended to reassure stakeholders in a strained global economic context marked by declining of the financial performance.

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来源期刊

European Management Journal Multiple-

CiteScore

12.90

自引率

5.30%

发文量

113

审稿时长

74 days

期刊介绍： The European Management Journal (EMJ) stands as a premier scholarly publication, disseminating cutting-edge research spanning all realms of management. EMJ articles challenge conventional wisdom through rigorously informed empirical and theoretical inquiries, offering fresh insights and innovative perspectives on key management themes while remaining accessible and engaging for a wide readership. EMJ articles embody intellectual curiosity and embrace diverse methodological approaches, yielding contributions that significantly influence both management theory and practice. We actively seek interdisciplinary research that integrates distinct research traditions to illuminate contemporary challenges within the expansive domain of European business and management. We strongly encourage cross-cultural investigations addressing the unique challenges faced by European management scholarship and practice in navigating global issues and contexts.