Environmental Performance and Executive Compensation
An Integrated Agency-Institutional Perspective
Dados Bibliográficos
| ID | 23342000 |
|---|---|
| Autores | Pascual Berrone (0000-0003-2515-3890, IESE Business School), Luis R Gomez-Mejia (0000-0001-6049-7950, Arizona State University) |
| Ano | 2009 |
| Volume | 52 |
| Fascículo | 1 |
| Páginas | 103-126 |
| Data de publicação | 2009-02-01 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | Academy of Management Journal (JOURNAL) |
| Identificadores do periódico | ISSN: 0001-4273 • E-ISSN: 1948-0989 |
| Editora | Academy of Management (PUBLISHER • US) |
| DOI | 10.5465/amj.2009.36461950 |
| OpenAlex | W2316606906 |
| Idioma | EN |
| Citações recebidas | 94 |
| Referências citadas | 104 |
Relying on institutional theory, agency rationale, and environmental management research, we hypothesize that, in polluting industries, good environmental performance increases CEO pay; that environmental governance mechanisms strengthen this linkage; that pollution prevention strategies affect executive compensation more than end-of-pipe pollution control; and that long-term pay increases pollution prevention success. Using longitudinal data on 469 U.S. firms, we found support for three hypotheses. Contrary to our expectations, firms with an explicit environmental pay policy and an environmental committee do not reward environmental strategies more than those without such structures, suggesting that these mechanisms play a merely symbolic role.
Agency (philosophy) · Business · Compensation (psychology) · Control (management) · Corporate governance · Economics · Environmental governance · Environmental policy · Environmental resource management · Executive compensation · Linkage (software) · Management · Perspective (graphical) · Pollution prevention · Principal–agent problem · Public economics · Sociology · Corporate Social Responsibility Reporting · Ecology · Energy, Environment, Economic Growth · Environmental Sustainability in Business · Finance · Psychology · Social Psychology
Nexus of Green Transformational Leadership, GHRM, Green Innovation, and Environmental Performance
ESG pay and corporate social irresponsibility
Environmental regulation and corporate environmental performance
Fostering employee's pro-environmental behavior through green transformational leadership, green human resource management and environmental knowledge
L'économie circulaire
The impact of social norms on entrepreneurial action
The Corporate Governance of Environmental Sustainability
Greenwashing Revisited
Beyond “Does it Pay to be Green?” A Meta-Analysis of Moderators of the CEP–CFP Relationship
The Harm of Symbolic Actions and Green-Washing
Does Greenwashing Pay Off? Understanding the Relationship Between Environmental Actions and Environmental Legitimacy
Green human resource management and environmental performance
The impact of green human resource management practices on sustainable performance in healthcare organisations
Corporate social responsibility
Green human resource management and the enablers of green organisational culture
Gender diversity, board independence, environmental committee and greenhouse gas disclosure
Green innovation to respond to environmental regulation
Corporate Social Responsibility: An Overview and New Research Directions
Effects of greenwashing on financial performance
An organizational theoretic review of green supply chain management literature
Necessity as the mother of ‘green’ inventions
Green Human Resource Management
Socioemotional Wealth in Family Firms
Fostering environmental integrity via investor-focused communications
Assessing the Impacts of Individual and Organizational Factors on South Korea Hotels’ Green Performance Using the AMO Model
Does Water, Waste, and Energy Consumption Influence Firm Performance? Panel Data Evidence from S&P 500 Information Technology Sector
Assessing the Impact of Green Hiring on Sustainable Performance
Do Tournament Incentives Matter for CEOs to Be Environmentally Responsible? Evidence from Chinese Listed Companies
CEO Compensation and the ESG Activities of Compensation Peers
Beyond Specialist Directors
Does the CEO's Attention Affect How Well the Firm Performs Environmentally?
Climate‐Related Disclosure and Bank Performance
Gender, Linguistic Time Orientation, and Environmental Practices Under Resource Constraints
Navigating the ESG Paradox
Do Governance Structures Drive Green Building Adoption? A Machine Learning Approach With Random Forests
Enhancing the corporate social & environmental responsibility of Chinese energy enterprises
Hotels’ experience of green environment management and innovation performance
Can Voluntary Regulation Promote Corporate Environmental Investments? Evidence from Green Factory Accreditation
Revealing the Incrementalism Trap in Corporate Sustainability
Executive Presentations and Environmental Action in Polluting Industries
Understanding Multiple Perspectives on Social Value in Business
Innovating for Good in Opportunistic Contexts
How to Design Green Compensation to Promote Managers’ Pro-Environmental Behavior? A Goal-Framing Perspective
Does CEO Risk-Aversion Affect Carbon Emission
Ethical Correlates of Family Control
CSR and Founder Legacy Dynamics Around Succession
How Officials’ Political Incentives Influence Corporate Green Innovation
CEO Religion and Corporate Social Responsibility
Corporate Governance and Supplemental Environmental Projects
Relaxed Financial Constraints and Corporate Social Responsibility
Exploring institutional pressures, firm green slack, green product innovation and green new product success
Does technological innovation benefit energy firms’ environmental performance? The moderating effect of government subsidies and media coverage
Green innovation and environmental performance
Political connection and CSR
Value Creation or Opportunism? Corporate Political Connection and Social Responsibility
Who really cares about the environment? CEOs’ military service experience and firms’ investment in environmental protection
Do independent directors inform the share of CSR criteria in executive compensation? Moderating effect of gender diversity
How Do Family Firm Ownership and Governance Structures Impact the Digitalization of Business Strategy for Sustainability
The Impact of Greenwashing on Stock Price Synchronicity
Does the board tenure impair the effectiveness of environmental monitoring? A cross-country evidence
Stakeholder perceptions of the benefits and barriers of implementing environmental management systems in the Maldivian construction industry
Market Masquerades? Corporate Climate Initiative Effects on Firm-Level Climate Performance
Core functions of Sustainable Human Resource Management. A hybrid literature review with the use of H‐Classics methodology
Corporate sustainable development strategies
The effects of rule of law, regulatory quality, and R&D on Japan 's environmental sustainability
Promoting Sustainable Development
Lessons from failure
Corporate governance and ecological investments. The case of French industry
Exceptional boards
To Be or to Seem
Toward a Theory of Sustainability Management
The New Heretics
Firm- and Country-Specific Advantages
Defining and Measuring Corporate Sustainability
Does Environmental Management Improve Financial Performance? A Meta-Analytical Review
Attention, Action, and Greenwash in Family-Influenced Firms? Evidence From Polluting Industries
Embracing Tensions in Corporate Sustainability
The Influence of Organizational Life Cycle on Environmental Proactivity and Competitive Advantage
Water sustainability disclosures in agriculture sector
Economic Development Matters
How do justice and top management beliefs matter in industrial symbiosis collaboration
City tournament and green innovation
Drivers and consequences of green product and process innovation
Unlocking the dual black box of GHRMP & Egoc for sustainable environmental performance in developing economies
Digital inclusive finance enabling green pathways for heavily polluting enterprises to achieve environmental legitimacy
Analyzing the influence of green human resource practices on organizational sustainability
Does CEO’s initial tenure enhance CSR practices? Evaluating the consequences of CEO’s initial tenure CSR engagement in China
With great power comes great responsibility
Seeking legitimacy? “Ownerless” companies and environmental performance
Nascent ventures’ green initiatives and angel investor judgments of legitimacy and funding
How global value chain participation affects green technology innovation processes
Agency Performance and Executive Pay in Government
Corporate actors, the UN Sustainable Development Goals and Earth System Governance
Employee Voice and Corporate Governance
Evolving sustainably
Moral Hazard and Observability
Industry Self-Regulation Without Sanctions
The Double-Edge of Organizational Legitimation
Effects of "Best Practices" of Environmental Management on Cost Advantage
Managerial Interpretations and Organizational Context as Predictors of Corporate Choice of Environmental Strategy.
A Contingent Resource-Based View of Proactive Corporate Environmental Strategy
Stakeholder influences on sustainability practices in the Canadian forest products industry
Proactive environmental strategies
Research Notes. Strategic Proactivity and Firm Approach to the Natural Environment.
Do Corporate Global Environmental Standards Create or Destroy Market Value?
EPA's Voluntary 33/50 Program
The Relationship Between Corporate Philanthropy And Shareholder Wealth
Institutional Theory Contributing To Atheoretical Research Program
Corporate Social Performance and Organizational Attractiveness to Prospective Employees.
A Simple Approximation of Tobin's q
Talking Trash
Theory of the firm
Sample Selection Bias as a Specification Error
A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity
Linking Organizational and Field-Level Analyses
A Life Cycle Model of Female Labour Supply
Improving Environmental Performance Assessment
An embeddedness framing of governance and opportunism
Does agency theory have universal relevance? A reply to Lubatkin, Lane, Collin, and Very
Agency Problems and the Theory of the Firm
Performance Pay and Top-Management Incentives
Organizational Size and Pollution
Organizational Legitimacy
The Iron Cage Revisited
Institutions and Organizations
Market Networks and Corporate Behavior
Institutionalized Organizations
| Obras citantes distintas | 94 |
|---|---|
| Citações por ano | 5,88 |
| Intervalo de citações | 2010 - 2026 (17) |
| Velocidade de citação | current |
| Altamente citado | Não |
| Tipos de citação | Neutras: 90 |