Untangling innovation: an examination of compensation, corporate social responsibility, and corporate financial performance

What is it about?

This research carefully considers what makes firms innovative, through an examination of Corporate Financial Performance, Executive Compensation, Employee compensation, and Firm indicators of social responsibility. The results suggest that innovative firms pay their CEOs and employees more, engage in more socially responsible behaviors, all while earning greater profits for the firm. This research is the first of its kind to include data from four distinct sources: Forbes, Compustat, KLD, and SEC Edgar.

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Photo by Skye Studios on Unsplash

Photo by Skye Studios on Unsplash