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Managerial Incentives For Esg In The Financial Servies Industry - Direct And Indirect Assotion Betwn Esg And Executive Compensation, Jooh Lee, Rachel Koh, Eunsup Daniel Shim
Managerial Incentives For Esg In The Financial Servies Industry - Direct And Indirect Assotion Betwn Esg And Executive Compensation, Jooh Lee, Rachel Koh, Eunsup Daniel Shim
Rohrer College of Business Faculty Scholarship
This study investigates the empirical association between environmental, social and corporate governance (ESG) performance and top executive compensation in the US financial services industry. Considering that financial firms can inflict systemic shocks across the economy, it has been argued that they must conduct ethical and sustainable business in accordance with ESG principles. This study examines whether ESG efforts are beneficial to managers