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Idea: CSR link compensation and M&A
Director level – international data
Hypothesis:
(1)
(2)
(3)
(4)
(5)
CSR target = β1*CSR-compensation + β2*X (+)
Tar/acq/com CAR = β1*CSR-compensation + β2*X (?) Payment (cash)= β1*CSR-compensation + β2*X (cash)
Completion (0/1) = β1*CSR-compensation + β2*X
Cross-border (0/1)
Papers:
-- CEO (age, gender, cons etc.) and M&As
Note: CSR news