Document Type
Article
Version Deposited
None (link only)
Publication Date
9-14-2023
Publication Title
Managerial Finance
DOI
10.1108/MF-03-2023-0149
Abstract
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
Recommended Citation
Lee, J., Koh, K.(R). and Shim, E.D. (2024), "Managerial incentives for ESG in the financial services industry: direct and indirect association between ESG and executive compensation", Managerial Finance, Vol. 50 No. 1, pp. 10-27. https://doi.org/10.1108/MF-03-2023-0149
