Impact of legal protection and board characteristics on CEO compensation

El-Chaarani, Hani; Paoloni, Paola Verónica; Abiad, Zouhour El

doi:10.1504/ijmdm.2022.124410

Cited by 2 publications

(2 citation statements)

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“…Legal protection is important for consumers, especially from something that can harm consumers. (El-Chaarani et al, 2022) (Juanda & Untari, 2022) Strategies for protecting consumers by controlling yourself, the community and the government. (Juanda & Untari, 2022) The seller completes the explanation related to the decoy product offered to consumers (M. Cui, 2022), especially about price changes and size changes (Y.…”

Section: B Discussionmentioning

confidence: 99%

Consumer Legal Protection from the Decoy Effect Through Digital Literacy

Cahyani

Fitriyanti²,

Ahmad³

et al. 2022

sucila

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The millennial and generation Z tend to experience the negative impact of the decoy effect, so a consumer protection law is required. The purpose of this study is to demonstrate the negative impact of the decoy effect and the importance of consumer protection through digital literacy. A quantitative descriptive approach was used with millennial and generation Z research subjects who were given a choice of products using bait items. According to the study's findings, respondents are susceptible to the decoy effect, so consumers have the right to know before making a decision. The findings of this study contribute to the public's understanding and provision of suggestions or criticism, as well as to the government's formulation of consumer protection policies, particularly for the millennial and generation Z generations. The implication is that existing consumer protection laws must be flexible, rational, and based on digital literacy. Legal certainty as a form of consumer legal protection to achieve equality in an engagement as a concept for those who make transaction.

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Section: B Discussionmentioning

confidence: 99%

Consumer Legal Protection from the Decoy Effect Through Digital Literacy

Cahyani

Fitriyanti²,

Ahmad³

et al. 2022

sucila

View full text Add to dashboard Cite

show abstract

“…The empirical evidence provided for listed companies can be utilized to enhance economic sustainability by improving the quality of IC and establishing a reasonable OC. The presence of FDs can further contribute to diversity in management and decision-making dynamics (El-Chaarani et al, 2022). As such, firms are encouraged to recognize the significance of FDs' involvement as a distinctive feature of the Chinese governance structure and invest in robust IC mechanisms.…”

Section: Managerial Implicationsmentioning

confidence: 99%

Equity ownership concentration’s impact on corporate internal control: the moderating effects of female directors and board compensation

Ong,

Zhou,

Teh

et al. 2023

Environ Dev Sustain

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By promoting diversity in equity ownership concentration, strengthening female representation on boards, aligning pay with sustainability goals, and implementing strong internal control processes, companies can integrate sustainable practices into their operations, improve their sustainability performance, and attain long-term environmental and societal health. Therefore, this study examined the relationship between ownership concentration and internal control through the sustainability lens, specifically focusing on the moderating effects of female directors and board compensation. Data from a sample of 1609 A-share listed businesses in Shanghai and Shenzhen between 2012 and 2021 were analyzed. The findings from the fixed effects model revealed the following: ownership concentration negatively affects internal control; the number of female directors positively influences internal control; female directors actively moderate the relationship between ownership concentration and internal control; and board compensation enhances the effectiveness of internal control. These insights provide valuable data for businesses to enhance their internal control systems, appoint key personnel, and advance their sustainability goals. This study suggests that linking board characteristics to corporate internal control can lead to strengthened sustainable objectives. It also incentivizes directors to prioritize and integrate sustainability concerns in their decision-making. Furthermore, by ensuring that compensation reflects sustainability performance, firms can cultivate a sustainability-based culture and drive effective internal controls that support sustainable practices, ultimately contributing to long-term environmental and social well-being.

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Impact of legal protection and board characteristics on CEO compensation

Cited by 2 publications

References 0 publications

Consumer Legal Protection from the Decoy Effect Through Digital Literacy

Consumer Legal Protection from the Decoy Effect Through Digital Literacy

Equity ownership concentration’s impact on corporate internal control: the moderating effects of female directors and board compensation

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