Executive compensation, Over-indebtedness and Corporate environmental performance
- DOI
- 10.2991/978-94-6463-326-9_51How to use a DOI?
- Keywords
- executive compensation; environmental performance; over-indebtedness; internal controls
- Abstract
This paper presents empirical evidence on corporate governance and performance with aid of Bootstrap program. The significance of this paper lies in that the paper explores for the first time the direct mechanism of executive compensation on corporate environmental performance, and from the empirical research results, complete mediation is established. Data from A-share listed companies in China from 2010 to 2020 are utilized to arrive at several findings: (1) executive compensation has a negative effect on corporate environmental performance in general; (2) over-indebtedness mediates the relationship between executive compensation and environmental performance; (3) better internal control could inhibit the contribution of executive compensation to over-indebtedness. The third result adds to our contribution that moderated mediation channel is supported. In addition, this paper uses the Bootstrap program to get a Bootstrap sample and then conducts regression to get the concerned coefficient. The product of the coefficients of concern was sorted by value to get the confidence interval at the 95% level, and then the mediation effect was tested. Further implications are provided.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Ying Wu PY - 2023 DA - 2023/12/30 TI - Executive compensation, Over-indebtedness and Corporate environmental performance BT - Proceedings of the 2023 3rd International Conference on Business Administration and Data Science (BADS 2023) PB - Atlantis Press SP - 495 EP - 503 SN - 2589-4900 UR - https://doi.org/10.2991/978-94-6463-326-9_51 DO - 10.2991/978-94-6463-326-9_51 ID - Wu2023 ER -