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  1.  20
    Compensating Outside Directors with Stock: The Impact on Non-Primary Stakeholders. [REVIEW]Yuval Deutsch & Mike Valente - 2013 - Journal of Business Ethics 116 (1):67-85.
    Two obvious trends in corporate governance include broadening board accountability beyond shareholders’ interests and paying outside directors with equity compensation (stock and stock options). By integrating common agency and instrumental stakeholder theories, we examine the effect of stock compensation on secondary stakeholders and a firm’s participation in social issues, two areas where interests are less aligned with shareholder value. Consistent with our predictions, we found that while stock compensation may be an effective way to align directors’ goals to those of (...)
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  2.  27
    Overcoming Calimero: Complexes in Small Business Social Responsibility.Jan Lepoutre & Mike Valente - 2007 - Proceedings of the International Association for Business and Society 18:203-208.
    In this paper, we examine how SMEs successfully implement proactive social and environmental strategies (PSEs). Using inductive theory building on 8 case studies of small and medium enterprises (SMEs) operating in both developing and developed country contexts, we identify four dynamic capabilities that explain how SMEs overcome time, resources, knowledge, and power constraints when implementing proactive social and environmental strategies. We introduce three moderating variables to explain how level of country development, organizational lifecycle, and availability of supporting institutions could impact (...)
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